Over 10,000 housing units were registered in Mumbai in February this year, almost the same number as January 2021 on the back of the stamp duty cut by the Maharashtra government. On August 26, the Maharashtra government decided to temporarily reduce stamp duty on housing units from 5 percent to […]
Why 2021 is the year to invest In Commercial Real Estate?
The year 2021 has begun with a nationwide vaccination drive that everyone was eagerly waiting for. Needless to say, that this latest development would give a boost to every sector including the real estate. As most of the stalled projects are now believed to swing back into action, experts think […]
Everything That NRIs Must Know About Investing In Real Estate
The year 2020 was good for investors. Gold shot up due to the global uncertainty, stock markets crashed but later bounced back to touch new highs while bonds gave decent double-digit returns. The only exception was real estate. According to a survey by real estate portal Magicbricks, real estate prices […]
Pune & Bengaluru Emerge As Preferred Real Estate Markets For NRIs
NRIs are house-hunting again. As many as 73 percent NRIs now prefer properties priced between Rs 90 lakh to Rs 2.5 crore and IT hubs of Bengaluru (24 percent) and Pune (19 percent) are witnessing maximum demand, according to Anarock’s consumer survey. Collectively, these two cities saw approximately 48,370 homes […]
Has The Time Come To Invest In Commercial Real Estate?
Real estate has always been one of Indians’ most favoured investments. People invest in real estate for price appreciation as well as rental income. However, as the residential sector has been going through a tough phase over the past few years, there has hardly been any price appreciation across markets. Rental […]