Two main segments of Indian real estate are moving on contrasting tracks of recovery, March quarter data from a clutch of property-research firms shows. While the residential segment experienced healthy growth, the office segment remained lacklustre. But with the second wave of the coronavirus sweeping across India, and forcing lockdowns, these levels […]
COVID-19 Has Changed People’s Preference As Rich Now Prefer Open Residences Like Farmhouses
Covid has significantly altered people’s preferences around owing a house, particularly among the HNIs and ultra HNIs. As the pandemic rages on, these deep pocketed buyers are preferring to own self-sufficient properties outside metros with lot of green area, especially farmhouses. The demand has more than doubled in the last […]
5 Positive Influences Of COVID-19 Pandemic On Real Estate In India
COVID-19 did hit the economies around the world hard and real estate in India was no different. However, the sector surprised everyone as it steadily recovered as lockdown gradually eased out in the country. In fact, off late luxury and premium segments of the real estate witnessed almost 80 – […]
5 Lakh Benefit First Time Home Buyers Cannot Miss
First time home buyers are often confused about income tax benefits that they can avail of on home loan on buying their first residential property. Read on and find for yourself the benefits that first time home buyers have in India. Benefits Under Section 80C If you are a first […]
Reasons That Make Fractional Ownership A Superior Option
Do you have any idea about fractional ownership and what makes it special? Well, simply put, fractional ownership is a system where investors jointly purchase a high-value property to own a fraction of it individually. The purpose behind such a move is to earn better returns over time. Though such […]
Pannel Recommends Cover For Allottees & Successors In Insurance & Real Estate Sector
In order to protect owners of real estate from challenges to their property titles, a working group of Insurance Regulatory and Development Authority of India (Irdai) has recommended a comprehensive insurance cover for all promoters, allottees and successors. It also recommended legal expenses policy for land title owners and developers/promoters […]