Real estate

Real Estate’s Expectations from Union Budget 2019: Pritam Chivukula

by Pritam Chivukula We look forward to seeing the new Finance Minister Nirmala Sitharaman present her maiden budget in Parliament on July 5, 2019. We hope it will address the expectations and aspirations of home buyers as well as that of the real estate sector. Post the NBFC crisis, liquidity has bee...Read More

Is Indian Real Estate Still a Profitable Investment Asset Class?

by Anuj Puri, Chairman – ANAROCK Property Consultants Let’s get straight into this question, which has been a concern among all stakeholders – financial planners, property owners, investors and prospective buyers – over the last few years. And only because real estate, particularly reside...Read More

Despite RERA, one-fifth of home buyers prefer refund, says Magicbricks

– 72% buyers want to file RERA complaint for delay in possession -19% home buyers would prefer a refund in case of delayed possession Ever since it was formed two years ago, Real Estate (Development and Regulation) Act 2016, (RERA) has brought in a ray of hope and is the first choice for home b...Read More

Bangalore & Gurgaon among the top 5 Tech Cities

– Bangalore at 155 million sq. ft. has the largest office stock in the country with more than 30million   sq. ft. of office space due for completion before 2021 – Gurgaon has evolved to be the regional pivot of North India’s technology industry with an office stock of more than 60 million...Read More

India Real Estate Welcomes Modi 2.0 – RealtyMyths

by – Anuj Puri, Chairman – ANAROCK Property Consultants Billions of Indians have given their verdict and the real estate sector has every reason to cheer. After all, the sector got the maximum policy-related attention during this government’s first tenure. In retrospect, Modi’s vict...Read More

Real Estate Expects ‘Single Window Clearance’ From Narendra Modi’s New Government

by Abhishek Sharma Partner, Cyril Amarchand Mangaldas The real estate sector is facing challenging times and is under tremendous pressure despite the measures taken by the Government so far. Enactment of Real Estate (Regulation and Development) Act, 2016 (RERA), reducing rate of Goods and Services Ta...Read More

PLACIO targets 100 properties in the next 24 months

Moving ahead with aggressive expansion plans, PLACIO, the technology-based student housing management company has entered into a partnership and franchise model for expanding its Pan-India network. PLACIO is the first player in the space to enter into this unique business idea for its aggressive reac...Read More

Cyril Amarchand Mangaldas strengthens its Real Estate Practice – RealtyMyths

Cyril Amarchand Mangaldas has strengthened its Real Estate Practice with Abhishek Sharma joining the Firm as Partner and Co-Head of the Real Estate Practice. Abhishek will be based out of Mumbai. He will Co-Head the Real Estate Practice with Namrata Kolar, Partner, Cyril Amarchand Mangaldas, who is b...Read More

Logistic firm Bhumika enters real estate market at Udaipur – RealtyMyths

Logistic firm Bhumika Group has forayed into real estate and is developing a mixed-use project at Udaipur, Rajasthan with an investment of Rs 300 crore. The company is developing over 10 lakh sq ft area in the first phase of this project named Urban Square. “We are developing our first real est...Read More

What Did Modi Government Do For The Real Estate? – RealtyMyths

by Akhilesh K Prasad, The Narendra Modi government came to power in May 2014 with much hype and expectations. As the tenure of the government comes to a close, it is imperative to analyse his actions and their on-ground impact on the real estate sector. Hereinafter are enlisted the salient policy cha...Read More

Factors Deciding the Right Value of Flat – RealtyMyths

by Anushree Ghosh, After economic liberalization took place in 1991, India witnessed a free flow of capital in real estate that positively impacted the growth of this sector and attracted foreign investments. 2001 -2008 was a period of high growth when many projects worth millions were initiated by d...Read More

Why Akshaya Tritiya Is Auspicious For Investment In Real Estate

This year the Akshaya Tritiya falls on May 7th; as the trend suggests the developers are very optimistic of this day. And why not, traditionally, this day is believed to be very auspicious for two reasons, for doing charity and for acquiring or investing in gold and property. Why does this happen! Wh...Read More

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