As global trends shift and demographics evolve, a new contender is emerging on the investment horizon: senior living communities or retirement homes. No longer a niche market, senior living has captured the attention of savvy investors who recognize its immense potential, not only as a socially relevant initiative but also as a financially rewarding asset class.
NRIs, after acquiring a property in India, should file annual income tax returns even if the income generated from the apartment is below the taxable threshold.
In an important step toward a complete digital transformation of the built environment in India, the Telecom Regulatory Authority of India (TRAI) has published a draft manual to standardise the rating of real properties for digital connectivity.
As affordability, connectivity, and luxury converge, Tier 2 cities are no longer secondary choices; they are the future of real estate in India. With skyrocketing property prices in metropolitan areas, buyers are increasingly drawn to the spacious and cost-effective housing options available in Tier 2 and 3 cities.
Demand for holiday homes in Goa by wealthy investors and interest among foreign funds to acquire hospitality assets continue to remain strong, despite claims in certain quarters about a dip in tourism activity, say real estate consulting firms and developers.
Long-term capital gains (LTCG) tax on property is a crucial consideration for high-net-worth individuals (HNIs) when selling real estate. The tax is applicable on profits earned from selling a property held for more than two years, with rates and exemptions governed by specific regulations. Understanding these rules helps HNIs plan transactions efficiently and reduce tax liabilities.
The government’s concentrated efforts on infrastructure development promise to significantly enhance housing demand. The establishment of the India Infrastructure Fund and emphasis on Public-Private partnerships for infrastructure in the budget is also a game-changer for the real estate industry.
India’s wealthy elite are competing to acquire high-end properties in Goa as a means of enhancing their lifestyle. This trend is driving an increased demand for luxury villas, condominiums, serviced apartments, and second homes.
Goa is seeing a rise in demand for luxury homes among startup founders, business families, and sports personalities post-Covid. The region offers unspoiled environments and serene lifestyles. Real estate developers are investing in high-end properties despite the supply gap. Infrastructure improvements are making Goa an attractive destination for second homes. Wealthy Indians continue to favor Goa for vacation homes.
Goa is emerging as one of the important destinations for the real estate market. Due to its beautiful coastline, low air quality index (AQI), and exceptional rental yields, the state is drawing a new demographic – young professionals looking for both lifestyle and profitable investments.