The 140 bps hike in repo rate, since May 2022, along with increase in policy rates by major central banks around the world has confirmed the trend of rising interest rates.
A country’s growth is not when its metropolitan cities grow taller but it can truly be determined when smaller towns, villages, and second and third-tier cities see a spurt in the construction of real estate.
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 growth comes after a lull of several years and the housing finance companies are well poised to tap this opportunity aided with sectoral reforms such as RERA and GST that have brought in the much needed transparency
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.
Indian house prices are set to accelerate this year to a pace not seen in half a decade, according to a Reuters poll of property analysts who also warned that higher interest rates will crimp affordability, especially for first-time buyers.
Most do not realise that longer the loan tenure, higher is the interest amount paid. Therefore, to minimise the interest cost and get out of debt faster, one must look at ways to clear the liability as soon as possible
The normal tendency is to divide a house room-wise or floor-wise. This may not always be the right approach to apportion a property. An opinion piece on how one could divide their property.
Due to the financial benefits it provides to both the buyer and the seller, selling a property through a PoA has become a common practice in Indian cities, but is it tenable under law?
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.