Latest Real Estate News Delhi, India - Real Estate market in india [Valid RSS]

under-construction projects

Budget 2019-20 Neglects Commercial Real Estate – RealtyMyths

by Akhilesh K Prasad Budget 2019-20 has been hailed as a blessing for home buyers and residential real estate developers. It has provided a good mix of direct and indirect incentives, especially with respect to affordable housing in keeping with the government’s flagship initiative of ‘Housing for All by 2022.’ Income tax exemption, an extension of benefits u/s 80-IBA, exemption of tax on notional rent an extension of roll-over benefits on capital gains to two properties were the salient announcements in this direction. However, the same Budget has been criticised by experts for neglecting commercial real estate market in India. Co-working space is considered a booming segment in realty. There was no announcement to bolster this segment even in planned smart cities. While the government an...

Should You Buy a Home Now? – RealtyMyths

This is, without doubt, a very favourable market for homebuyers looking to purchase properties for their own use. One of the obvious reasons is the abundance of options in all categories of the housing to pick from. Also, property rates have reduced considerably across cities. Nevertheless, many fence-sitting buyers still hope for further corrections. There may still be scope for some marginal rate corrections in certain depressed markets – but as we often say in the industry, timing the market is a game only investors should play. There are no guarantees for when, where and even if corrections will occur. Certainly, a whole country’s real estate market does not witness synchronized corrections like on the stock market, where everyone is affected simultaneously and to the same ...

Ready-to-move Vs. Under-construction – Caveat Emptor!

Anuj Puri, Chairman – ANAROCK Property Consultants 4.25 lakh housing units ready-to-move-in in top & cities Only 5% buyers will consider under-construction projects RERA was supposed to save the day for homebuyers, but that doesn’t seem to have happened – at least not yet. In many states, RERA, in its present form, is currently either non-existent or a pale shade of what it was intended to be. It is a fact that RERA has been diluted in some states to favour developers while in a few others it hasn’t even been deployed yet. RERA’s primary area of focus is under-construction properties. After all, this is the area where buyers had been facing the most challenges on account of project delays, project plan deviations, and various other issues. As things stand now, states like Maharas...

Bengaluru Has Lowest Office Vacancy Levels In India

In 2015, more than 10 mn sft of office space got occupied and another 2 mn sft of leasing was done in under-construction projects. In 1Q16, Bengaluru had seen the highest leasing volumes in Asia Pacific on the back of big-ticket transactions. Although there is demand for 10 mn sft, supply of only 8-8.5 mn sft non-captive office space is expected to come up by the end of 2016. Ashutosh Limaye Over 10 mn sft occupied in 2015 +2 mn sft in under-construction projects; in 1Q16, city sees highest leasing volumes in APAC Among the seven major office markets in India, Bengaluru has emerged as the one enjoying lowest vacancy levels. At slightly more than 3%, the office vacancy levels are at an all-time low in the IT capital of India. Bengaluru is followed by other IT hubs like Pune and Hyderabad ha...

Please wait...

Subscribe to our newsletter

Want to be notified when our article is published? Enter your email address and name below to be the first to know.