Protecting Your Home From Termites
One of the most destructive pests that can silently wreak havoc on your property is the termite. Termites are relentless wood-eating insects that can cause extensive damage before homeowners even realise they have an infestation. We delve into the details of termite prevention, treatment, and the early warning signs that every homeowner should be aware of.
Metaverse In Real Estate: A Game-Changing Concept
After dabbling with artificial intelligence (AI), the Indian real estate sector is now shifting its focus to the metaverse. If the concept of metaverse successfully takes off, industry experts believe that the online homebuying process will undergo a revolution.
What Do Homebuyers Really Want
Demand for bigger homes remains strong even now despite rising prices with nearly 50% respondents preferring to buy a 3BHK home, followed by 38% for 2BHK. At least 46% respondents now prefer to buy homes priced >INR 90 lakh.
Goa Sees Real Estate Boom With New Airport Inauguration
Industry reports project that the Mopa airport will attract investments of Rs 2,700 crore by 2030, focusing primarily on the development of luxury and eco hotels, nature and wellness resorts, and homestays. This influx of investment is set to diversify the region’s tourism and real estate landscape significantly.
Tourism: A Catalyst For Real Estate Growth
The inauguration of the new International Airport at Mopa, Goa also led to an increase in tourism, thus impacting the demand for vacation rental homes, hotels, and stay options in Goa. Capital values in surrounding areas have thus doubled in the last three years.
NRIs’ influence on the real estate sector in India
Investment by non-resident Indians (NRIs) in India has revolutionized the Indian real estate industry over the last few years. Today, these investments are shaping the industry for the future and serving as a unifying factor for growth in the short and long run.
India’s real estate boom attracts foreign investors in 2024
In 2024, India’s real estate market is experiencing a significant surge in interest from foreign investors. The nation’s burgeoning economy, coupled with policy reforms and infrastructural development, has positioned India as a lucrative destination for global real estate investment. Several key factors contribute to the growing appeal of India’s real estate sector for international investors.
Traditional to Tech-Savvy: How Digitalization Redesigned the Real Estate Sector
The digital revolution has transformed every industry by incorporating cutting-edge digital technology into their existing operations in an effort to foster creativity, boost productivity, and enhance services. The real estate industry has also been hit by the technology juggernaut propelling it forward in today’s economy.
Real estate dominates Indian household savings with highest allocation
The household sector plays a major role in the Indian economy by serving as a primary source of financial resources through savings, contributing a substantial 70% to the total gross domestic savings.
Goa still the top hot spot for vacation homes among HNI’s
At least 35% of holiday home buyers mentioned Goa as their preferred destination, highlighting the enduring appeal of Goa’s lifestyle among India’s wealthy.