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Silchar, Assam Property Guide
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Union Budget 2025: Key Takeaways and Impact on Real Estate
The Union Budget 2025 focuses on economic resilience, tax reforms, and infrastructure development, significantly impacting India's real estate sector through various incentives and policy changes.Saurabh Gupta -
How India’s Tier 2 cities are growing in response to global real estate trends
India’s Tier 2 cities are emerging as prime real estate destinations, driven by smart initiatives, sustainable practices, luxury developments, and improved connectivity.supriya -
5 Things You Should Know About India’s Ghost Shopping Malls and the Challenges of Repurposing Them
India's retail landscape is shifting, with Grade A malls thriving while Grade C malls face high vacancy rates. Many struggling malls are being repurposed due to evolving consumer preferences and the rise of e-commerce.supriya -
Get Returns From Real Estate Without Buying Property: Understanding REIT Investment In India
REITs in India offer investors a way to access the real estate market without direct property ownership. They distribute significant earnings as dividends, making them attractive to income-seeking investors. Learn how REITs work, how to invest, and key players in the Indian market.supriya -
Is it possible to sell real estate without co-owner approval?
Selling jointly owned property in India requires the consent of all co-owners. Legal action can be taken if a co-owner sells without consent. This article explores the legal aspects of selling jointly owned property and the differences between co-ownership and joint ownership.supriya -
What do you mean by FERA?
FERA, enacted in 1973, regulated foreign exchange dealings in India. Replaced by FEMA in 2000, which focuses on managing foreign exchange while promoting trade and investments. Key differences include property acquisition criteria, shifting from citizenship under FERA to residency under FEMA.deepshikha -
The finest cement for plastering a home
Cement plastering is crucial for durable walls and a smooth finish in construction. Portland Pozzolana Cement (PPC) is often preferred for its water resistance and superior finish compared to Ordinary Portland Cement (OPC). Various cement grades cater to different construction needs, with Grade 33 commonly used for plastering.supriya -
Getting around India’s constantly changing real estate laws
India's real estate sector is transforming with regulatory changes aimed at enhancing transparency, sustainability, and growth, promising a prosperous future for investors and homebuyers alike.supriya
Silchar, Assam Real Estate News
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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.supriya -
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.supriya -
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.supriya -
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.supriya -
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.supriya -
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.supriya -
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.supriya -
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.supriya
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Silchar's Real Estate Scene
Average Property Costs
In Silchar, property pricing hits Rs. 4,333 for each square foot. The consistent price suggests a stable market.
Market Shifts
The Silchar property market has dipped by 4.5% over the year. This drop hints at a buyers' market. Yet, current price levels stay profitable for buying and selling.
Local Hot Spots and Property Kinds
Key Areas
- Masimpur: Higher end. Cost ranges from 85 Lac to 2 Crore. The average per square foot price hovers at Rs. 19,028.
- Ghungoor: More budget-friendly. Starting price at 44 Lac. Average per square foot is Rs. 4,000.
- Tarapur, Rangirkhari, Kabuganj, Ambicapatty, and Link Road: Mix of homes and businesses with different costs.
Property Styles
- Condos and Flats:
- Prices range from 44 Lac to 2 Crore.
- Variations include 1 BHK, 2 BHK, 3 BHK, up to 6+ BHK.
- Single Family Homes:
- Start at 85 Lac.
- Sizes include 2 BHK, 3 BHK, and larger units.
- Plots (Residential and Commercial):
- Prices vary. From 18 Lac for a 3 Katha residential plot to 12 Crore for a 100-acre farm.
Cost-Effective and Wallet-Friendly Choices
Spending Ranges
- Below 50 Lakhs: Few options, starting at 20 Lac.
- Below 1 Crore: More options with a starting price at 75 Lac.
- Below 2 Crore: A broad selection available, featuring high-end condos and homes.
Living in Style with Amenities
Mobility and Living
Silchar has properties in spots with good transport and lifestyle amenities. Areas like Masimpur and Ghungoor are popular for their lifestyle and security features.
PropertyWala's Bottom Line
If you are hunting to buy or rent in Silchar, you'll find both budget-friendly and top-end choices. The minor yearly drop in prices, although noted, points to a solid investment period. Consider fit localities based on your budget and lifestyle. Masimpur caters to high-end needs while Ghungoor offers cheaper options. There's plenty, from condos to standalone homes and plots, ensuring each buyer and investor finds a perfect fit.