Category: Property News

While the housing sector in the Mumbai Metropolitan Region (MMR) witnessed a pick up in sales in the September-October period, brokers said there was more to it than meets the eye. Too woo homebuyers, developers have been showering offers, such as lower booking amount and a full refund on cancellation, […]

In the post pandemic world, India is slated to be the only other major economy alongside China to grow and flourish and to get a step closer to that goal, India needs a standardised property rights system to solve its current land record-keeping conundrum. A centralized land records system and […]

States should lower stamp duty to make houses more affordable to low-income families, a study by the Centre-backed National Housing Bank (NHB) has said. The revenue loss will be offset by the taxes they will generate by building additional houses under the Centre’s Pradhan Mantri Awas Yojana (PMAY) and Housing […]

Not only is the commercial real estate (CRE) segment facing dampened demand, it seems there are tougher times ahead as raising funds from private equity (PE) players promises to be a big challenge. The work from home trend has led to weakened demand for large office spaces, and rentals have […]

New home sales have seen a sharp rise in recent months, giving a sigh of relief from the pandemic-led worry across the realty market. New homes sold in Mumbai and the rest of Maharashtra are 10-30 per cent higher in October, compared with January this year. It is believed that […]

The circumstances that the real estate sector finds itself in today is perhaps the most opportune time for non-resident Indians (NRIs) to consider investing in property back home. The historically low home loan interest rates at below 7 percent, improved transparency and stricter regulatory mechanisms and ongoing consolidation in the […]