What are the factors that can drive the real estate housing market?- The price of houses can change based on how the economy is doing, interest rates, how much people are earning, and how many people live in an area and much more. However, some factors decide how much houses cost such as how many houses are available to buy. When lots of people want to buy houses but there aren't many for sale, prices...
According to a report by real estate consultant Anarock, real estate developers in the top seven cities have significantly expanded the dimensions of apartments in response to the growing demand for larger living areas. The average size of apartments in these cities has seen a notable increase of seven percent since 2018. However, the Mumbai Metropolitan Region (MMR) stands out as an exception, as...
According to a report by Crisil Ratings, residential real estate sales in top cities in India are expected to grow between 8 and 10 percent in the fiscal year 2023-24. This growth is projected despite the increase in interest rates and asset prices. Over the past two financial years, there has been a rise in demand for residential properties in the mid, premium, and luxury segments that result in...
The Real Estate (Regulation and Development) Act, 2016 has released new rules for the real estate business. It includes newly constructed buildings consisting of six or more flats on 3-cottah plots. This significant expansion empowers the real estate regulator to ensure better adherence to regulations in almost 90% of smaller projects. Previously, customers had limited avenues to address concerns in...
After the Pandemic, commercial real estate property has enhanced business. In 2023, many businesses have reopen, and many companies have launched their new offices in Kolkata. If we look at the report on commercial real estate trends in Kolkata, we can see that the graph is going to the top. According to the Real Estate marketer, this 2023 year should be very exciting. “...The real estate sector is...
Just imagine, you are at the side of the royal Ganges! River side flat in Kolkata offers a magnificent view and the atmosphere that is significantly different from central Kolkata. No one can't miss the chance to live next to the bank of the river. Your day will start with the view of the sunrise, and nothing will be better to get next in your busy day of life. The living location should be nature...
Kolkata is a city that has seen significant growth in its real estate market over the past few years, with many new developments and projects coming up. As a result, real estate prices in the city have been on the rise. The exact prices can vary depending on the location, type of property, and other factors. However, in general, the prices of residential properties in Kolkata range from around INR 2,500...
Taking the time to select and purchase an apartment that is ideal and ensures a smart purchase is the only way to find the ideal home for one's spirit and soul. Whether you've ever done it before or not, finding a perfect apartment in 2023 can be a challenging endeavor. It can be tempting to rent or buy the first house that is within your means. You should keep these tips in mind when looking for the ideal...
The bulk of India's residential markets have had flat home price growth over the previous few years. Residential home prices across all seven markets remained mostly stable in Quarter 1 2021 compared to the previous quarter. Prices are anticipated to be relatively range-bound across most of the marketplaces in the immediate term as developers continue to concentrate on regaining the volumes lost during the...
The Indian government is taking initiatives to protect home buyers against fraud. This has opened up the chance to invest in under-construction projects without fear of insolvency. The launch of new projects had made buying an under-construction home a lucrative deal.However, the most significant stake buyers take while investing in an under-construction property is time. There might be delays in the...