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Real Estate

NRIs Eye Southern India for Real Estate Investment – Commonfloor

CommonFloor, a Quikrplatform that offers home seekers, sellers and realestate professionals an extensive online real estate ecosystem, today, released its Indian Real Estate Report 2020-21 which puts the state of the real estate industry into perspective. This annual report highlights property search trends seen on the platform along with some interesting insights into real estate […]

Real Estate

AllSpace Ventures launches India’s first fractional ownership in leisure segment

Company to offer fractional ownership opportunities across multiple portfolios of real estate from fully-furnished plush apartments to ultra-luxurious villas across various destinations and locales at a fraction of a cost MUMBAI: AllSpace Ventures on Tuesday announced the launch of India’s first fractional ownership of properties in the leisure segment that offers to own a percentage of […]

Real Estate

Punawale – Infrastructure and Affordability Gamechangers in PCMC

Akash Pharande, Managing Director – Pharande Spaces Strategically located off the Pune-Mumbai Expressway, Punawale has emerged as a flourishing real estate hotspot in West Pune. Punawale is popular with both homebuyers and rental housing tenants, making it an ideal investment destination. What works in its favour are affordability and easy connectivity to key areas in […]

Real Estate

Ready-to-move-in homes remain the preferred option, continue to boost sales in 2020: PropTiger Report

The share of ready-to-move-in (RTMI) homes in the total housing sales in the primary market, rose to 21 per cent in the pandemic-hit 2020, from 18 per cent in the previous year, as home buyers preferred completed apartments to avoid the risks attached with under-construction properties, according to a report by PropTiger.com. In its latest ‘Real […]

Real Estate

Wave Conquers Adversities

We are still reeling from the effects of the pandemic and subsequent lockdowns. But, it is only in the darkest nights that stars shine. And shine, we did! Not for a second did Wave faltered in making your dream of affordable housing a reality, even in the face of a pandemic. Yes, the Realty sector, […]

Real Estate

Commercial segment set to benefit further through REITs

Recently, the Budget proposed easing of InvITs/REITs, which will help in getting new REITs and attracting fresh investments in the real estate sector. REIT is a recent phenomenon in India as opposed to the REITs in other parts of the world where they have been present for over four decades in some cases. It is […]

Real Estate

ANAROCK Seals Another Major Deal for 20 Acres of Land in Kolkata

Kolkata: ANAROCK Property Consultants’ Land Division has announced the successful culmination of yet another significant land deal for 20 acres at Kolkata’s 262-acre Batanagar township in the Maheshtala area. The joint venture between development management partner Ambuja Neotia Group and Hiland Group includes 10 acres of land along the golf course, and another 10 acres […]

Real Estate

Realtors welcome Delhi’s move to reduce circle rates

New Delhi: On Friday, the Delhi government cut circle rates by 20 per cent, a step that will bring down the capital city’s exorbitant property prices. Both forms of properties around the city are included in the new order. According to reports, the goal is to raise the demand for real estate transactions that have […]

Real Estate

Pre-Leased Commercial assets offer returns from day one

New Delhi: At present, there is around 550 million sq ft Grade A office supply in the top cities of India and more than 110 million sq ft of Grade A warehousing stock across India. If we look at commercial properties’ sale, then pre-leased properties get maximum benefits in areas such as Noida, Gurugram, and […]

Real Estate

Mumbai-Pune Expressway is the New Development Lifeline

Anil Pharande, CMD – Pharande SpacesA report published by Oxford Economics states that India will have most of the world’s fastest-growing cities between 2019 and 2035. Strangely, Pune is not included in the list of 17 cities where Bengaluru, Hyderabad and Chennai are mentioned prominently. But perhaps this is not surprising since the research is based solely on […]