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Resilient Home Sales in India Defy High Interest Rates and Rising Prices

The Indian residential property market reached record highs in the March quarter due to steady economic circumstances and buyer confidence. JLL India reported record residential sales despite increased borrowing rates and property costs.

By Admin

  • 21st Apr 2024
  • 1147 Views
Understanding The Growth in Navi Mumbai Rental Market - A Comprehensive Analysis

Navi Mumbai's rental market is transforming into a vibrant city. This brief summary discusses the unanticipated rise in rental costs due to greater connection, a booming IT industry, and a shortage of ready-to-move homes.

By Admin

  • 31st Mar 2024
  • 1171 Views
MHADA Introduces Amnesty Scheme to Reduce Penalties for Plot Contract Violations

The Maharashtra Housing and Area Development Authority (MHADA) has reduced plot contract violation fines. MHADA's six-month amnesty policy includes this decrease. Under certain scenarios, the programme reduces offenders' penalty costs.

By Admin

  • 19th Mar 2024
  • 1178 Views
Surge in Indian Housing Prices Reflects Growing Market Confidence as 2024 Unfolds

Bengaluru, Delhi NCR, and Kolkata have witnessed house costs rise 20% in the previous two years. These locations saw a 30% price spike from 2021 to 2023 due to strong demand for mid- and luxury homes, according to Colliers.

By Admin

  • 10th Mar 2024
  • 1186 Views
Why is There a Huge Disparity in Property Tax Between New and Old Luxury Towers in South Mumbai?

Luxury skyscrapers in South Mumbai impose financial challenges on occupants. Luxury living in south Mumbai is exemplified by Tardeo's 60-story Imperial Heights, with 220 apartments of various sizes. Maintaining and paying property tax might cost residents Rs 70,000 to Rs 2 lakh per month.

By Admin

  • 14th Feb 2024
  • 1191 Views
How Do Home Loan Interest Rates Affect the Indian Real Estate Market?

Since the Indian housing market is middle-class, house loan interest rates greatly impact home buying emotion. Individuals and families intending to purchase a house (one of the major choices of their life) must also consider interest rates and EMI expenses.

By Admin

  • 21st Jan 2024
  • 1180 Views
Understanding The Advantages & Disadvantages of a Rental Property in Mumbai

Planning and knowing the local real estate market are essential when investing in rental homes. Buyers must consider market circumstances and property ownership costs and dangers. The growing real estate market in Mumbai makes rental property investment an attractive proposition.

By Admin

  • 19th Jan 2024
  • 1185 Views
Vihang Group Establishes New Standards in Thane Real Estate Market With INR 850 Crore Worth Real Estate Projects

Vihang Group, a leading real estate developer, has launched four massive Thane projects. These projects cost above 850 crore rupees. They want to build around 5 million square feet of residential area in Thane micromarkets.

By Admin

  • 11th Jan 2024
  • 1240 Views
John Abraham Acquires a Lavish Bungalow in Khar West, Mumbai for Around INR 71 Crore

Bollywood star John Abraham bought a luxury Khar mansion in Mumbai's real estate market. It cost Rs 70.83 crore to buy the 5,416-square-foot home with 7,722 square feet of land.

By Admin

  • 31st Dec 2023
  • 1231 Views
Cognizant Planning to Sell Key Office Assets in Hyderabad and Chennai

Cognizant Technologies, a major software corporation, is moving towards asset-lightness. The company will sell its large Hyderabad and Chennai offices. Cognizant's approach is to concentrate on non-core real estate and simplify operations.

By Admin

  • 12th Dec 2023
  • 1225 Views
Maker Maxity Rental Deal Renewal of Toronto Dominion Bank Confirms BKC as India's Costliest CBD

Mumbai's office property market has set a new Indian lease rental record. The Toronto-Dominion (TD) Bank extended its India headquarters lease at Maker Maxity in the Bandra-Kurla Complex (BKC) for an astounding Rs 604 per sq ft per month.

By Kinjal

  • 11th Dec 2023
  • 1256 Views
Prime Office Space Rentals in India Witness 7 Per Cent Increase in First Half of FY24

According to an Anarock research, premium office space rental prices in seven major cities rose 7% year-over-year to Rs 83 per square foot per month in the first six months of the current fiscal. This is due to growing building prices.

By Admin

  • 8th Dec 2023
  • 1185 Views
DLF Plans to Build an IT Complex and Data Centre in Noida at a Cost of INR 3400 Crore

DLF Techpark in Sector 143, Noida, would get Rs 3,400 crore from India's largest real estate company.It can accommodate four million square feet (msf) on 25 acres.

By Admin

  • 4th Oct 2023
  • 1275 Views
Why Are Indian Real Estate Developers Outsourcing Their Project Sales and Marketing?

Ghar tries to unravel the trend of outsourcing in Indian real estate by real estate developers.

By Admin

  • 23rd Sep 2023
  • 1297 Views
A New Dawn in Affordable Housing - Maharashtra Leads the Way With The Largest Low-Cost Housing Initiative in India

The Maharashtra and national governments are leading India's biggest low-cost housing project to address urban housing issues.

By Admin

  • 19th Sep 2023
  • 1346 Views
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