Safest Investment Today Is Real Estate

Safest Investment Today Is Real Estate

Unlike other assets (gold, stock, mutual funds, and bonds, etc.) Real Estate is the safest investment for multifarious reasons, which we shall discuss shortly. But first, let’s address the biggest question “Is investing in Real Estate safe?” We would say “Yes”. Real Estate is an imperishable asset and may only have temporary setbacks. But in the longer run, it is the only solid investment...

Housing prices bound to go up in medium to long term on rising construction cost

Housing prices bound to go up in medium to long term on rising construction cost: Credai

Housing prices are likely to rise in the medium to long term as construction cost has gone up by 10-20 per cent due to a sharp increase in prices of cement and steel, realtors body Credai said on Thursday. Addressing a virtual press conference, Credai Chairman Satish Magar said housing sales have fallen “drastically” since April because of the onslaught of the second wave of the COVID-19...

Will real estate crash or boom in 2021

Will real estate crash or boom in 2021?

Amid the COVID-19 outbreak in 2020, the real estate sector had a rollercoaster ride, especially due to the nationwide lockdown. However, with the country moving towards the new normal, it was expected that real estate would revive financially in 2021. But, with the second wave of COVID-19, positive predictions have taken a back seat. Now, whether the real estate sector will go ahead or lag behind, it all...

Navi Mumbai International Airport's first look unveiled and it looks incredible

Navi Mumbai International Airport’s first look unveiled and it looks incredible

The GVK Group known for spanning diverse sectors including energy, resources, airports and transportation today unveiled the first look of the Navi Mumbai International Airport. The GVK group had taken inspiration from 'peacock' for designing Mumbai's Terminal 2. The Indian government and the Government of Maharashtra visualised the Navi Mumbai International Airport through CIDCO and GVK Mumbai...

6 emerging trends in residential real estate, in the post-COVID-19 era

6 emerging trends in residential real estate, in the post-COVID-19 era

The coronavirus pandemic has disrupted the way we live and work. This has had a significant impact on the economy and on many sectors including residential real estate. This has also resulted in changes in consumer behavior and new trends emerging, giving the industry an opportunity to reinvent itself. Here are some aspects that consumers are considering when buying a home post-COVID-19: Trusted...

Property registration & stamp duty revenue collection witnesses a sharp decline

Property registration & stamp duty revenue collection witnesses a sharp decline

The property registration and stamp duty revenue collection in Mumbai and across Maharashtra witnessed a sharp decline. In May, the property registration declined by approximately 70 per cent as compared to March this year. According to the data with the IGR Maharashtra as on dated May 31, the number of conveyance (sales) document registered in Mumbai was only 5,360 making stamp duty revenue of Rs...

Mumbai Coastal Road All eyes on its impact on realty sector

Mumbai Coastal Road: All eyes on its impact on realty sector

BMC says it has no role to play in any alteration of CRZ boundaries and does not foresee any changes in near future While Mumbai’s Coastal Road project continues to take shape, entailing reclamation of 111 hectares of land, its impact on the realty sector in the island city is a matter of heated debate and speculation. Some real estate experts believe the project could give a much needed fillip to...

How to Plan Home Interiors: A Step-by-Step Guide

How to Plan Home Interiors: A Step-by-Step Guide

Your home is a place where you get maximum comfort. So, when you start with the interior of your house, plan them in a comfortable way for you. Do not overload yourself with everything at once, but take it one step at a time. The most common problem with the interior design process is not being able to figure out where to begin. Then comes the problem of planning the interiors of the house. Well, help...

Birlas betting big on realty, lines up Rs 1,000-cr capex for Birla Estates this fiscal

Birlas betting big on realty, lines up Rs 1,000-cr capex for Birla Estates this fiscal

Century Textiles & Industries, which runs three business verticals -- paper & pulp, realty and paper tissues, and nets over 70 per cent of the income from the first -- is diverting its focus onto the real estate business and has lined up Rs 1,000 crore for capex this fiscal for its ongoing and upcoming projects, including the super premium Worli project. At this level, the capex is nine times the...

Housing loan market grows by 9.6% in December quarter

Housing loan market grows by 9.6% in December quarter

The portfolio outstanding of the sector stood at ₹22.26 lakh crore as of December 2020, as compared to ₹20.31 lakh crore as of December 2019 The housing loan market in the country witnessed a rebound and registered a year-on-year growth of 9.6 percent in terms of portfolio outstanding (PoS) in the third quarter of FY2021, despite the COVID-19 pandemic, says a report. The portfolio outstanding of...

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