An e-registration facility for flats purchased directly from builders of housing complexes is on the cards, which is expected to do away with the requirement of visiting the office of the registrar concerned for the purpose.
The price hike in the real estate sector, which started around late 2021 and continued till the first few months of 2022, ranged between three and nine per cent. Experts state that this is the peak and prices would be stable till the end of the year.
The residential real estate sector in India has once again proved to be a bright spot by contributing to the country’s overall GDP, thereby making the economy more vibrant and optimistic.
Real estate is often described as one of the safest investment options. Despite several investment avenues that are available today, several youngsters aspire to buy property at a young age. Let’s understand the reason behind this trend.
The improvement in India is on the back of digitisation and data availability for transaction processes in addition to overall market fundamentals, JLL said in a statement.
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.
Despite the pandemic, the residential real estate market is booming, with homes selling like hot cakes. The residential segment in top Indian cities has remained overly optimistic, making it a top investment choice.
Town and country planning minister Vishwajit Rane on Monday announced a slew of reforms in the department, including an online file tracking system, deemed approvals for commercial and residential projects after 21-45 days, and more.
Despite the dampened sentiment 95% of Goa’s developers said that they plan to launch new real estate projects in 2022. With the state becoming a retirement destination, 43% of Goa’s developers are toying with the idea of venturing into senior citizen housing.