Builders welcome higher FAR, but say infrastructure must keep pace

While welcoming the town and country planning (TCP) department’s decision to offer higher FAR for residential and commercial buildings at the Kadamba Plateau, industry bodies have attached a rider, saying that power, water and sewage connections must be put in place.

Creating the perfect work from home space

With hybrid work now becoming the norm, the makeshift workspace that we created last year is certainly not working anymore. Follow these design hacks to create a visually appealing yet ergonomic workspace at home.

64% women home buyers now see real estate as preferred investment asset

Real estate is now the preferred investment asset class for 64 per cent of women respondents. It was 62 per cent in the last study (H2 2020) and 57 per cent in the pre-Covid survey (H2 2019).

No major impact of fresh Covid wave on housing sales

Housing sales are expected to remain strong during this current quarter and there will not be any major impact on demand from the fresh wave of the COVID-19 pandemic, according to industry experts. Real estate developers and consultants said there was a minor impact in the first two weeks and sales enquiries are strong.

Residential real estate market beats pandemic blues, sales in top 7 housing markets grow 71% YoY

Residential real estate has staged a dramatic bounce-back across the top seven property markets in India, despite the devastating second wave of Covid-19 that reversed consumer sentiment across sectors, hitting the economy.

India’s real estate sector showing signs of healthy growth in 2022

According to the Knight Frank report titled ‘Real Estate Outlook 2022’, India’s realty sector is showing signs of healthy growth in 2022. With the steady performance and quick revival, the real estate sector regained the buyer’s and investor’s trust and further picked up the growth momentum.

Why Goa rules the roost as a second home destination

Goa has now firmly established itself as a year-round staycation destination, bumping up the average rentals for a well-located property to 4% per annum. Limited supply of quality homes has meant one of the fastest price escalations for Goa real estate, during the pandemic.

Revised Goa RERA rules allow return of registration fees

Close to four years after the Goa Real Estate (Regulation and Development) Act was formulated and notified, the Goa RERA has finally framed norms to return the registration fee paid by an agent or builder.

Deepak Parekh of HDFC: Real estate heading to best of times

HDFC Chairman Deepak Parekh Friday said the housing and real estate sector is “heading into the best of times” with a lot of “optimism in the air”. “In over 50 years of my work life, I have not seen housing affordability better than where it is today in India. I have not seen such easy liquidity conditions and interest rates at such record low levels,” Parekh said

The Goan mid-segment real estate needs immediate attention

COVID pandemic came in as a boon in disguise for the high-end luxury segment in the real estate sector in Goa, the mid and lower segments of the sector, however, continue to struggle. According to the realtors the effective cost for an ordinary buyer has gone up and their woes have increased dramatically.