Real Estate

Overall, there was an 18 per cent jump in luxury housing sales in the top 7 cities in 2022.
Updated : Mar 07, 2023

3,000 applications for 1,137 Gurugram luxury apartments priced at over Rs 7 crore each: What's on offer

Supply of new luxury homes in India has been constrained in recent years, hit by an economic slowdown in 2019 and then the pandemic, which dampened sentiment in 2020 and forced developers to put brakes on new project launches. But things are changing at a fast pace.

While both are about opulent living, ultra luxury properties offer much more than luxury real estate
Updated : Feb 24, 2023

'Pin code, floor-to-ceiling height & space': Here's what defines ultra-luxury real estate

There is a fine line between luxury and ultra-luxury real estate. These points will help you gauge the difference.

For young Indians: Buying a house is in, casual spending is out
Updated : Feb 22, 2023

Three reasons why young Indians are keen on buying property

Young Indians will continue to dominate the homebuying segment for the foreseeable future as they seem to be more financially prudent than previous generations.

Japanese architects make use of natural light while designing interiors
Updated : Feb 21, 2023

These Japanese architects are now working on a Gurgaon residential project 

Nikken Sekkei, designers of The Tokyo Sky Tree have come on board to design a Gurgaon residential project in a unique Indo-Japanese property venture. 

A luxury property is not just about high price
Updated : Feb 18, 2023

What defines luxury when it comes to real estate? Key things to keep in mind

Luxury may mean different things to different people, but in real estate, there are some specific things that define a property as ‘luxury’. Here are some checkpoints.

Raj Kapoor’s bungalow is situated on Deonar Farm Road in Chembur, Mumbai, which is next to the Tata Institute of Social Sciences
Updated : Feb 17, 2023

Raj Kapoor’s Chembur bungalow acquired by Godrej Properties

In a regulatory filing to BSE on Friday, Godrej Properties said the land was purchased from the Kapoor family, legal heirs of Raj Kapoor.

Demand for retail spaces continues to rise in tier II cities of India
Updated : Feb 16, 2023

Fashion and apparel industry lead India’s retail space consumption: Report

In a quick recovery from the pandemic-induced slump, the fashion and apparel industry have been front runners in pushing retail space occupancy across India, claims a CBRE report.

The Delhi-Mumbai Expressway is likely to boost realty prices in Gurugram
Updated : Feb 14, 2023

Delhi-Mumbai Expressway causes property prices to jump in this town near Gurgaon

On the fringes of Gurugram, Sohna falls at the entry of the Mumbai-Delhi expressway and is likely to benefit directly from the new infrastructure growth. Realtors claim that the new development will escalate prices in Sohna now and in the rest of Gurugram in future.

RBI rate hike will have no impact on luxury real estate sales, claim realtors
Updated : Feb 08, 2023

EXPLAINED | Here’s why RBI’s 25 bps rate hike won’t impact luxury real estate market

However, it would create some pressure on potential buyers of the affordable segment, and impact sales.

Should you buy a house from the primary or secondary market?
Updated : Feb 07, 2023

Does it make sense to buy a resale house or a new one?  

Buying a property on resale is often considered a wise decision as it involves lesser hassles. But the look and feel of a brand-new house has its own charm. Which one should you settle for?  

Future residences have to be more than smart, they have to be sustainable
Updated : Feb 07, 2023

Make sure the property you are buying is future-ready with these 5 tips

Are you buying a flat? Make sure your investment pays off in the long run and is ready to cope with the demands of future lifestyles, ten or twenty years ahead. 

The real estate sector is likely to get peripheral benefits from the Budget
Updated : Feb 02, 2023

Budget 2023 will benefit real estate sector in the long term: Experts

International real estate experts Savills in their post-budget has defined that the real estate sector of India will benefit in the long term as more stress has been laid on infrastructure development in the budget outlay.

Will tax cuts lead to house purchase? Realtors not so sure yet
Updated : Feb 01, 2023

EXPLAINED | Will expected cuts in tax slabs lead to more home-buying in FY24?

Despite tax cuts, disposable income may not ultimately lead to more home buying. However, some realtors are still hopeful.

Updated : Jan 11, 2023

NCR’s real estate market has emerged out of its shadow period, says Credai-NCR president

After a long spell of low trust in the realty sector, the NCR real estate market has regained credibility with investments zooming in the micro-market. The trend is likely to sustain through 2023.

Lack of skilling and facilities reason for low participation of women in real estate
Updated : Jan 10, 2023

Shocking gap! Only 7 million women in Indian real estate, as compared with 50 million men

In a report released by Primus Partners in collaboration with World Trade Center India Services Council (WTCISC), there is evidence of a wide gap in gender participation in the real estate industry.

Recovery in full earnest in the real estate sector, says Pirojsha Godrej
Updated : Nov 07, 2022

Recovery in full earnest in the real estate sector, says Pirojsha Godrej

India's real estate sector is witnessing good growth after a two-year slump, and the recovery will continue for some time, Pirojsha Godrej, Executive Chairman, Godrej Properties, said in an exclusive interview.

Illustration: Nilanjan Das
Updated : May 31, 2022

Here's Why Real Estate Companies are Struggling Despite an Uptick in Demand

With the cost of raw materials, labour and logistics skyrocketing, developers wrestle with rising real estate project costs and delays in new launches

 Real estate in India on a K-shaped recovery, says CREDAI president
Updated : Jun 20, 2022

Real estate in India on a K-shaped recovery, says CREDAI president

Having gone through crests and troughs over last two years – with disruption in supply chain, labour shortage, halted construction and more, the Indian real estate scenario is getting back on its feet observes the President of CREDAI, Harsh Vardhan Patodia.

MMR once again contributed the highest share of 38 per cent, followed by Pune, Hyderabad and Bengaluru, which accounted for 21, 20 and 14 per cent, of the total new launches.
Updated : Sep 19, 2022

These cities saw a spike in new residential launches in Q2 2022

However, a dip of 2 per cent was seen in quarterly trends due to surge in property prices and hike in lending rates.

Once a playground of the traditional super-rich, the country's luxury real estate market has heated up with the entry of the nouveau riche
Updated : Oct 06, 2022

From film stars to 'ordinary' businessmen. A new class of buyers is transforming the luxury real estate market

Once a playground of the traditional super-rich, the country's luxury real estate market has heated up with the entry of the nouveau riche

SAMRIDDHI includes a ‘One Plus Five’ option for residential properties and a ‘One Plus Six’ option for non-residential properties.
Updated : Oct 25, 2022

Delhi LG unveils ‘SAMRIDDHI 2022-23’: Here’s all you need to know

The new amnesty scheme will further increase the tax base and act as an enabler for MCD to build a proper tax database by being more pragmatic about the enforcement of its long-pending tax dues.