Functional features in homes are becoming a hot favourite among Chennai homebuyers. This, along with other distinctive trends, is making Chennai’s real estate landscape stand out from the rest of the country. Here is a detailed report.
In the dynamic landscape of the real estate industry, the role of technology has undergone a revolutionary transformation. The amalgamation of real estate and technology, often referred to as PropTech, has emerged as a powerhouse driving innovation and reshaping industry practices.
Indian real estate market has always attracted the investments from its diaspora spread across the globe. NRIs have readily contributed to the Indian real estate market by purchasing residential and commercial properties in the country. In the past few years, numerous investment opportunities are coming forth in the market that is centered to cater to the burgeoning investment needs of NRIs. Out of all, real estate investment in India is viewed as one of the most lucrative opportunities that increases the returns multi-fold and diversifies the portfolio.
As technology continues to advance and corporate digital transformation takes centre stage, the Indian commercial real estate market is undergoing a revolutionary transformation. The demand for office real estate has witnessed significant growth in recent years, fueled by a confluence of economic factors, government initiatives, and evolving business trends. The rise of co-working spaces and innovative real estate concepts has further contributed to the market’s rapid expansion. Let’s explore the key factors propelling the office markets in India and their profound impact on growth and development.
If you like to invest in real estate then India is the place for you. There’s a huge population and since everyone needs homes and places to own, the real estate market is probably never going to go dry. But investing in real estate without proper knowledge is not a piece of cake, both for newcomers and veterans alike. Here are a few basic trends that could possibly help you in the right way, if you intend to invest in the Indian real estate market going into the next year
House price rises in India will gradually accelerate over the coming years but undershoot consumer inflation at least until 2023, according to a Reuters poll of property analysts who expect affordability to improve
Commercial real estate in Chennai has seen steady growth in the past decade. Despite the coronavirus pandemic, the CRE industry has managed to stand strong. Read on to learn more about the evolution of commercial real estate in the city
Indians love to bargain. A shopping trip for an Indian consumer isn’t successful unless s/he manages to attain something at a ‘negotiated’ price from the seller. And the same applies to Indian homebuyers. If you have zeroed down on your dream house here are some tips to help every aspiring home owner get the best bang for her/his buck
Most NRIs have families back in India - but even otherwise, most non-resident Indians maintain a deep emotional connection with their homeland. The desire to own property is a defining characteristic of all Indians, irrespective of whether they live and work here or abroad. During the Indian festive season, many visit India to take the plunge
The latest report by Square Yards titled ‘India Residential Overview: Jul-Sep 2021’ captures the residential trends across the top six cities in Q3, 2021. The cities covered in the report include MMR, Pune, Gurugram, Noida, Bengaluru, and Hyderabad
Moving past the second wave of the pandemic, the commercial real estate sector is on the path of gradual recovery. Prior to COVID-19, the real estate industry was at its prime with commercial and residential activities in full swing. However, with the imposition of an abrupt lockdown in 2020, the real estate sector faced a slowdown in activities; and despite these hurdles, the industry has managed to overcome the challenges.
According to Motilal Oswal, as demand for cement was affected by the foreclosure, average prices remained stable in May. They are up 6% so far in the first quarter sequentially, driven by increases in the east, south and Maharashtra
The impact of Coronavirus on the Indian real estate sector was stifling to the point that it brought property transactions to a near-halt last year when the nation went into a complete lockdown between March and June 2020. Since then, the market has taken several strides towards recovery, and just when it seemed the revival was not far, the country has been struck by yet another wave of the virus, this time, far more fatal. Experts say the recovery of the realty market in India could now prolong until 2022
The Counselors of Real Estate has identified the current and emerging issues expected to have the most significant impact on real estate for the foreseeable future, with the COVID-19 pandemic being the leading concern of the 1,000-member organization
While work may not be affected in such a scenario, tax implications have changed significantly for these individuals. If you're an NRI stranded in the country, here are five things you need to note, to calculate the taxes you owe the Indian government
Poised to be the world's third largest by 2025, now would be the time to invest carefully in long-term construction stocks as the sector prepares to resume a strong trajectory of growth once the current COVID crisis subsides
The Phase 1 extension of the Chennai Metro from Washermenpet to Wimco Nagar is expected to become operational by the end of January 2021. The stretch will be opened once all the safety clearances are obtained from the authorities.
While revenue climbed 43% to 1.3 billion dirhams in the July-September period, the owner of the only Trump-branded golf course in the Middle East swung to a quarterly loss from a 60 million dirham profit in the same period a year ago.
The court said this while issuing a direction to the DVAC to conduct an inquiry into the properties possessed by a government school teacher who had obtained free pattas for himself and his family members.
After dilly-dallying for nearly two years, the state government has prepared a plan for allotment of houses built by Township and Infrastructure Development Corporation (Tidco). The government has directed district collectors and municipal commissioners to complete the allotment by December 20.
Sahara, once the sponsor of India's national cricket team, has been embroiled in a battle with SEBI over repaying billions of dollars to investors who put their money in a bond scheme that was later ruled to be illegal.
Raymond had entered into a lease agreement with its wholly-owned subsidiary Pashmina Holdings Ltd in March 1994, pursuant to which it granted a lease of four duplex flats situated in JK House to Pashmina for nine years.
A press release said projects executed through the Housing for All Scheme, those implemented under the financial assistance from the World Bank and Asian Development Bank for urban poor, were discussed on the occasion.
??Industry representatives said while some hotels have chosen not to entertain new guests, some have stepped up hygiene and sanitization measures which include a new form of greeting instead of the the earlier 'handshake'.