Technology, engineering and manufacturing sectors dominated office leasing activity, contributing 47 percent of the total https://www.moneycontrol.com/news/business/real-estate/gross-absorption-of-office-space-touches-14-6-mn-sq-ft-in-apr-jun-2023-colliers-10909911.html
New remittance law will be in place from July 1, 2023 https://timesproperty.com/news/post/rising-demand-and-new-launches-fuel-thanes-real-estate-blid4772?offset=1
This surge in demand is not limited to the primary market; even the secondary market is witnessing a scarcity of luxury and high-end properties across Delhi, Mumbai and Bengaluru. https://www.moneycontrol.com/news/business/real-estate/heres-how-you-should-navigate-the-luxury-real-estate-market-10889961.html
When calculating capital gains on the sale of an immovable property, one crucial factor to consider is the cost of acquisition, which includes expenses of a capital nature incurred in connection with the purchase or completion of the property’s title https://www.moneycontrol.com/news/business/real-estate/understanding-the-tax-implications-on-sale-of-property-10885221.html
The study included 11 large and listed, and 76 small and mid-sized residential developers; buoyant residential demand has resulted in robust sales growth in the past two fiscals https://www.business-standard.com/industry/news/residential-real-estate-sales-to-grow-by-8-10-in-fy22-23-crisil-study-123062100416_1.html
Cities like Greater Noida saw a 51 percent reduction in time for buying/selling an apartment, Ghaziabad at 44 percent, followed by Bengaluru at 41 percent. https://www.moneycontrol.com/news/business/real-estate/time-taken-to-close-a-property-deal-reduced-dramatically-by-using-emerging-tech-solutions-10828461.html
The share of NRIs in the sales of premium and luxury products has more than doubled to 20 per cent, industry experts said https://www.business-standard.com/industry/news/india-calling-nri-investments-in-indian-real-estate-have-doubled-123060700429_1.html
By carefully evaluating the market conditions, conducting due diligence, and considering personal investment goals, investors can make well-informed decisions to maximise their returns in the dynamic real estate market of 2023-24. https://www.financialexpress.com/money/commercial-vs-residential-know-where-to-invest-in-real-estate-for-best-returns-in-2023-24/3127202/
NRIs are well-positioned to benefit from this growth of the Indian real estate market. https://www.news18.com/business/nri-investment-in-india-real-estate-2-8064961.html
FY23 home sales best in last two decades, says a report FY2023 full year sales were also the best-ever annual sales in the last two decades, with sales of 878 million sq. ft (up 31% yoy) and realization growth of 11% yoy; sales value rose 46% yoy to Rs6 trillion, it said. https://www.financialexpress.com/money/home-sales-in-q4-best-ever-in-16-years/3124995/lite/?utm_source=Whatsapp
