India Real Estate Investment – Page 49 – Services For NRI

India Real Estate Investment

Area watch: Once Mumbai’s poor cousins, Powai and Thane are now preferred locations

This is thanks to urban sprawl, saturation levels experienced by existing areas, new Metro connectivity, modern highways, and new real estate players who have come up with innovative offerings in these far-flung locations. https://www.moneycontrol.com/news/business/real-estate/area-watch-once-mumbais-poor-cousins-powai-and-thane-are-now-preferred-locations-10965431.html

Premium residential property values rise 3-18% on average in top three cities in H1 2023: Savills India

While Delhi saw an increase of 5 percent in rentals year on year, Gurugram witnessed a rise of 28 percent, Noida and Mumbai 18 percent and Bengaluru 4 percent, a Savills India report said. https://www.moneycontrol.com/news/business/real-estate/premium-residential-property-values-rise-3-18-on-average-in-top-three-cities-in-h1-2023-savills-india-10960041.html

Karnataka Budget 2023: Guidance value to be revised; announces major changes in Stamps and Registration Dept

While presenting the state Budget for FY24, Chief Minister Siddaramaiah said the government is looking at a scientific and rational guidance value system for the Stamps and Registration Department with the use of Geographic Information System (GIS). https://www.moneycontrol.com/news/business/real-estate/karnataka-budget-2023-guidance-value-to-be-revised-announces-major-changes-in-stamps-and-registration-dept-10922211.html