News articles tagged India

What occurs in India if property taxes are not paid for ten years?

Non-payment of property taxes for ten years can lead to severe penalties, legal action, and even foreclosure in India. It's crucial for property owners to understand the implications and address any arrears immediately.

Enhancing Jaipur’s High-End Properties: The Unique Perspective of Akshat Developers

Jaipur is emerging as a luxury real estate hotspot. Akshat Developers' Sawai project epitomizes this trend, offering opulent villas and apartments amidst landscaped gardens and modern amenities.

CBRE decodes real estate through the spiritual tourism lens

A new report reveals how retail chains are capitalizing on rising spiritual tourism in 14 Indian cities, highlighting trends and growth opportunities in the sector.

According to the CREDAI-CRE Matrix report, India’s demand for Grade-A office space will exceed 70 million square feet by 2024.

In Q1CY24, Grade A office space demand in India surged, driven by key cities. CEDAI predicts demand will hit 70 MSF by 2024, supported by economic growth.

India’s Commercial Real Estate Is On Track For Successful Growth This Year

India's commercial real estate market is poised for growth, bolstered by demand for office spaces and increasing interest from NRIs, promising lucrative investment opportunities.

DLF is one of the real estate companies on the list of the fifteen most valuable companies in India

DLF, Macrotech, and Godrej Properties are highlighted as top real estate firms in a recent Burgundy Private Hurun India report. The sector shows promising growth prospects.

How can a registered mortgage help the borrower as well as the lender?

This article explains the process of registered mortgages in India, detailing application steps, benefits, and how to remove registrations effectively.

Land Conversion from Agricultural Land to Residential Land

Converting agricultural land to residential or commercial in India requires navigating state-specific laws and obtaining approvals from revenue or planning authorities. The process involves fees and extensive documentation, with timelines varying by state.

The Impact of GST on Renting of Residential Property in India

Amendments to GST regulations now make renting residential properties to GST-registered individuals taxable, effective July 18, 2022, impacting reverse charge mechanisms.

Why Pune Cantonment Board (PCB) is Sealing Properties?

Pune Cantonment Board (PCB) to seal properties of tax defaulters who fail to pay dues by March 5, 2021. PCB aims to recover Rs 38 crore from over 12,000 defaulters.

East and Southern Bangalore to witness high demands

South Bangalore, particularly Kanakpura Road, sees high demand for new flats, especially among young professionals. East Bangalore also experiences strong demand, with areas like Whitefield and Electronic City attracting interest for 3BHK flats.

Bangalore is costliest Indian city to live in.

Bangalore surpasses Mumbai as India's most expensive city, according to RBI's CPI. High living costs attributed to the IT industry and inflated prices of essential goods.

Asia To Witness Surge In REITs

HSBC predicts rapid growth in Asia's Real Estate Investment Trusts (REITs) over the next few years, driven by investor demand for safer, income-generating assets.

Affordable Housing, a priority for real estate

India's affordable housing schemes gain infrastructural status, boosting demand and lowering costs for builders and homebuyers alike.

Ban on registering the Unapproved plots in Tamil Nadu

The Madras High Court has reinstated the ban on registration of unapproved plots in Tamil Nadu and seeks details on applications violating the 2016 ban order. A special sitting is planned to address the issue.

Why Attapur deserves your Investment

Attapur, a new suburb in Hyderabad, is rapidly becoming a prime residential area due to its proximity to educational institutions and IT hubs.

Rates to take a step down alongside Noida expressway

Two expressways in Delhi NCR boost real estate development in Noida, Greater Noida, and Dwarka. Residential projects face water, sewage, and funding challenges, impacting delivery and pricing.

Demands in Bangalore West take a major hike

The burgeoning commercial landscape in West Bangalore is driving residential expansion, transforming the area into a prime investment hub with promising growth projections.

Pune to set out new rules

Pune resident's complaint against builder for smaller flat size and lack of completion certificate rejected by consumer court due to non-compliance with representative complaint norms.

5 reason you should buy a property in Noida

Noida's real estate market is booming due to affordability, infrastructure, reputable developers, anti-forgery rules, and connectivity.

Ghaziabad Growing its Infrastructure

Ghaziabad's real estate is booming, with affordable housing in Raj Nagar Extension and NH-24, while established areas like Kaushambi and Vaishali face space constraints.

Regular efforts for affordable housing for all

The Centre is funding infrastructure improvements in Noida to enhance urban living, addressing issues like housing shortages and vacant properties, according to Naidu.

Hyderabad to promise a positive realty sector

Hyderabad's real estate sector showed promising growth in the last quarter of 2016, with significant impacts on the residential and commercial markets due to government initiatives and demonetisation.

Bengaluru lags in green buildings

A recent study highlights Bengaluru's green building distribution challenges, indicating a significant focus on commercial properties, while residential green initiatives lag behind, affecting urban housing.

Hines Realty To Set Foot In India, Seeks Partners

Hines Realty from the US plans to enter India's residential market through joint ventures, focusing on mid-segment housing and possibly hotel projects in Delhi-NCR and Mumbai.