Key documents for property sales in India include the sale deed, housing society share certificate, NOC, and title clearance. Buyers and sellers must also verify building age, area, parking, and ownership details.
Home prices are rising in anticipation of the festive season demand, say real estate developers Niranjan Hiranandani and Abhisheck Lodha. The decrease in new projects has also contributed to higher prices.
Residential real estate sees a rebound, with increased inquiries and transactions in the low to mid-end segment, driven by price corrections and low interest rates.
Real estate developers in Mumbai plan to target NRI buyers in the UAE to boost sales. Rupee depreciation and declining prices are seen as potential advantages for buyers.
The Indian real estate sector has seen a significant slowdown, with sales dropping 30%-40% as inflation and liquidity issues strain the market.
The Maharashtra government aims to sell leased land in South Mumbai, potentially raising significant revenue, despite concerns over the real estate market’s condition.
Global property market transactions fell 46% in Q1 2008, but investment in Asia and emerging markets continued to grow, driven primarily by acquisition of land and development rights.
Knight Frank predicts residential property prices may drop further due to sales slowdown and market conditions.
The Goa government is considering regulating property sales to foreigners amidst concerns about Goa's image and potential FEMA violations.
PropertyWala.com launches, offering free property advertising services. Its comprehensive platform facilitates property sales and rentals across India, featuring video tours, map integrations, and user-friendly interface.