RERA Stands for Real Estate Regulatory Authority. The bill of the Parliament of India Act was passed on 10 March 2016 by the Rajya sabha. This act became effective on 1st May 2016. Only 59 sections were notified, and the rest out of 92 were effective from 1st May 2017. The central aim of RERA […]
In the ever-evolving realm of India’s real estate, the third quarter of 2023 has brought about unexpected changes, capturing the attention of both investors and industry stakeholders. Amidst this dynamic landscape, the significance of real estate investment with limited capital has come to the forefront. As property prices surge in both commercial and residential sectors, […]
As major economies of the world grappled with recession, Indian economy witnessed significant growth across sectors on the back of strong fundamentals, robust demand, and government-led investments. As per IMF’s World Economic Outlook Report in October 2023, Indian economy expanded by 7.2% in FY23, the highest amongst major economies of the world. Following the same […]
India’s urban landscape has undergone a remarkable transformation, with projections by the United Nations indicating that over 400 million people will call cities home by 2030. Despite occupying just 3 per cent of the land, according to an estimate by the United Nations, cities contribute a substantial 60 per cent to India’s gross domestic product. […]
Housing sales in the top seven cities in India — including New Delhi, Mumbai, Bengaluru, Pune, Hyderabad, Chennai, Kolkata — witnessed a year-on-year surge of 31 per cent to an all-time high 4,76,530 units so far in 2023, according to real estate consultant ANAROCK. The growth came even as residential prices collectively rose by about […]
Diversifying one’s investment portfolio is a key strategy to manage risk and optimise returns. While one can think that the universe of investable asset classes available today is vast and offers a variety of options to investors, in essence, there are only two things on any diligent investor’s mind while evaluating a potential investment opportunity. […]
Realty developer DLF has reported Rs 7,200 crore sale from its latest luxury residential development, DLF Privana South in Gurugram, with the project getting sold out within in days of the launch. Spread across about 25 acres (about 10 hectares) in Sectors 76 and 77, Gurugram, this luxury residential offering by DLF was sold out […]
DLF said its newly launched luxury housing project Privana South in Gurugram generated sales of more than ₹7,200 crore in a matter of 72 hours, showing that its bet on a booming real estate segment in India is paying of thanks to rising disposable incomes and an increase in demand. The sale ahead of the official […]
Wealthy Indians living abroad are snapping up luxury homes in the nation, with the investment play driving a boom in sales of top-end properties. Take Dubai-based Sunil Pillai, who left India 25 years ago and recently bought a two-bedroom apartment costing around $1 million in the country’s tech hub Bengaluru.
The report by Jones Lang Lasalle (JLL), released on Wednesday, considered data from Delhi-NCR, Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai, and Pune. Discover the thrill of cricket like never before, exclusively on HT. Before 2023, the report said, the highest number of residential units sold in one year in these seven markets was 216,700 units in […]
