For Non-Resident Indians (NRIs), Indian real estate has recently become a compelling investment opportunity. The market offers attractive returns and long-term stability due to a booming economy, supportive government policies and a growing middle class. Let’s look at the few reasons, highlights, opportunities and benefits for NRI investors. https://www.livemint.com/brand-stories/indian-real-estate-a-lucrative-investment-option-for-nri-investors-11686302453084.html

Real estate experts say that the margins, high sales and redevelopment opportunities in Mumbai make India’s financial capital an attractive market for realtors. https://www.moneycontrol.com/news/business/real-estate/heres-why-real-estate-developers-are-making-a-beeline-for-the-mumbai-market-11068641.html

The proposed Bommasandra-Hosur Metro corridor spans a total of 20.5 km, with 11.7 km falling in Karnataka and the remaining 8.8 km in Tamil Nadu https://www.moneycontrol.com/news/business/south-indias-first-inter-state-metro-cmrl-to-conduct-feasibility-study-to-extend-bengaluru-metro-to-hosur-in-tn-11076561.html

The Indian residential real estate sector has experienced a significant revival post-pandemic. Renewed interest from homebuyers has not only raised the confidence of builders to plan new projects but also garnered positive responses from investors. https://www.deccanherald.com/business/business-news/return-of-equity-capital-in-residential-real-estate-1242317.html

Although Antwerp, Belgium, is recognized as the world’s diamond market center, the majority of rough diamonds are mined in Russia or Africa. Surat, India, is a lesser-known gem hub 150 miles north of Mumbai, where 90% of the world’s diamonds are cut. https://www.constructionworld.in/latest-construction-news/real-estate-news/world-s-largest-office-building-opens-in-india-s-diamond-hub/42623

Luxury homes are driving demand across India’s residential market in metros. In Mumbai,  residential properties, priced above  Rs 10 crore in the primary and resale market rose 49 per cent in value terms to Rs 11,400 crore during the January-June period of 2023 against Rs 7,660 crore in the year-ago period,  according to India Sotheby’s …

Super luxury flat sales up 50% in Mumbai , Gurgaon home sells for Rs 50 cr Read More »

Projects worth nearly $60 billion are slated for completion within the next three to seven years, thereby boosting connectivity within the city. https://www.cnbctv18.com/real-estate/mumbai-realty-market-dlf-prestige-foray-dharavi-redevelopment-infra-metro-airport-coastal-road-17309191.htm

The high-ticket segment pan-India comprises properties priced upwards of Rs 1.50 crore. In the Mumbai Metropolitan Region (MMR), this segment starts at Rs 2.50-3 crore. https://www.indiatoday.in/business/story/luxury-properties-housing-demand-in-india-soars-key-reasons-2408648-2023-07-19

The mansion was owned as recently as two years ago by Goncharenko, the former deputy chief executive officer of Gazprom Invest Yug, a subsidiary of the Russian state-run energy firm. https://www.moneycontrol.com/news/business/real-estate/indian-billionaire-buys-russian-linked-london-mansion-for-113-million-11008511.html

For normal purchases, the Maharashtra government charges a stamp duty of between 5 percent and 7 percent of the total agreement value, depending on the city and the district https://www.moneycontrol.com/news/business/real-estate/maharashtra-slashes-stamp-duty-to-rs-1000-for-allotment-of-apartments-in-self-redevelopment-projects-10965121.html