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Online real estate catalogues include virtual tours of sample flats to give purchasers a better understanding and feel o...
09/12/2020

Online real estate catalogues include virtual tours of sample flats to give purchasers a better understanding and feel of the place.

With the definition of ‘normal’ changing due to the COVID-19 pandemic, technology has provided unique solutions for everyday problems. Everyone is now connected virtually and this change has permeated into the realty sector as well. Buying a house is usually a very in-person experience from start to end, however, social distancing norms and frequent lockdowns have made it hard for buyers and sellers to interact. The real estate industry has thus adapted to tech-based solutions in order to provide buyers with personalized and virtual real-life experiences that can help make their buying decision easier.

Online real estate catalogues include virtual tours of sample flats to give purchasers a better understanding and feel of the place.

The company plans to launch independent floors in DLF Phase I-IV at Gurugram, New Gurugram and Panchkula among others. D...
01/12/2020

The company plans to launch independent floors in DLF Phase I-IV at Gurugram, New Gurugram and Panchkula among others. DLF's sales bookings in the first half of this fiscal crossed ₹1,000 crore as sales in the second quarter rose sharply to ₹853 crore.

The company plans to launch independent floors in DLF Phase I-IV at Gurugram, New Gurugram and Panchkula among others.DLF's sales bookings in the first half of this fiscal crossed ₹1,000 crore as sales in the second quarter rose sharply to ₹853 crore

Real estate promoters in the State have been cautioned not to misuse the ‘'RERA’ acronym, or use it inaccurately, in the...
24/11/2020

Real estate promoters in the State have been cautioned not to misuse the ‘'RERA’ acronym, or use it inaccurately, in their advertisements.

The Kerala Real Estate Regulatory Authority (K-RERA) has issued a direction in this regard after noticing real estate advertisements in the public domain bearing the claim ‘RERA-approved’ or ‘RERA-registered’ without providing any details whatsoever of the registration.

Real estate promoters in the State have been cautioned not to misuse the ‘'RERA’ acronym, or use it inaccurately, in their advertisements. The Kerala Real Estate Regulatory Authority (K-RERA) has

How is digitalization remapping the real estate industry?
24/11/2020

How is digitalization remapping the real estate industry?

Joe Kunkle, head research analyst at Relativity Capital and founder of OptionsHawk, explores how digitalisation is affecting the real estate industry.

Consumer spending in key segments surged during the festive season after the difficult months of lockdown and the econom...
21/11/2020

Consumer spending in key segments surged during the festive season after the difficult months of lockdown and the economy finally seems to be on a recovery track. Real estate is among one of the sectors that have seen a fair amount of interest after almost coming to a standstill due to the pandemic-induced economic slowdown.

Individuals who are planning to purchase a new residential property valued up to Rs 2 crore will get a tax benefit under the government's Atmanirbhar Bharat 3.0 package. Find out how much homebuyers will gain from the scheme.

New home sales have seen a sharp rise in recent months, giving a sigh of relief from the pandemic-led worry across the r...
21/11/2020

New home sales have seen a sharp rise in recent months, giving a sigh of relief from the pandemic-led worry across the realty market. New homes sold in Mumbai and the rest of Maharashtra are 10-30 per cent higher in October, compared with January this year. It is believed that supportive measures from a few state governments such as Karnataka and Maharashtra have led to the phenomenon, according to a report by Crisis Research. While Maharashtra had cut stamp duty from 5 per cent to 2 per cent up to December 2020 and to 3 per cent for January-March 2021, Karnataka had also slashed it from 5 per cent to 3 per cent for homes priced between Rs 21 lakh and Rs 35 lakh.

Supportive measures such as a reduction in stamp duty by a few state governments have shot up new homes sales.

SBI assures all support to real estate industry and builders.
10/11/2020

SBI assures all support to real estate industry and builders.

State Bank of India-Hyderabad circle Chief General Manager O.P. Mishra has assured the real estate industry and the builders’ fraternity of all possible support to address various issues concerning th

In a first of its kind order, RERA last week put a cap on the commission being charged by the brokers while facilitating...
04/11/2020

In a first of its kind order, RERA last week put a cap on the commission being charged by the brokers while facilitating a land deal. Now, no real estate agent in Haryana can charge more than 0.5 per cent commission each from the buyer and the seller per deal.

Four floors with 12 bedrooms and large-sized living rooms on a single plot for Rs 2 crore offers a better investment pro...
04/11/2020

Four floors with 12 bedrooms and large-sized living rooms on a single plot for Rs 2 crore offers a better investment proposition than a similarly priced apartment in a high-rise for which a buyer may have to wait longer for the project to get completed.

Four floors with 12 bedrooms and large-sized living rooms on a single plot for Rs 2 crore offers a better investment proposition than a similarly priced apartment in a high-rise for which a buyer may have to wait longer for the project to get completed

The Centre has put Jammu and Kashmir on the real estate map of India by allowing any Indian citizen to buy land in the u...
02/11/2020

The Centre has put Jammu and Kashmir on the real estate map of India by allowing any Indian citizen to buy land in the union territory where non-residents could not buy immovable property until a year ago.

Breathtaking views apart, do consider the security situation, old laws, connectivity and appetite for real estate before taking the plunge.

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