With demand for rental apartments shooting through the roof in Bengaluru, landlords have become ultra-choosy. They are now asking for payslips and career profiles of prospective tenants before they make a decision. Here’s a look at what are their new demands https://www.moneycontrol.com/news/business/real-estate/want-to-rent-an-apartment-in-bengaluru-update-your-linkedin-profile-9669771.html
The rise in average prices in Mumbai was recorded at 4.8% year-on-year (YoY), Bengaluru (3.3% YoY) and New Delhi (1.2% YoY) during the 12-month change (Q3 2021-Q3 2022). https://www.financialexpress.com/money/indias-residential-prices-rise-even-as-prime-global-cities-record-dip-in-price-growth/2895557/
The Ministry of Electronics and Information Technology (MeitY) in a recent notification stated that it will soon be possible to digitise property and mortgage documents. This will also act as a push for home loans, as it will make the process more digital. According to the notification, home loans will be brought under the digital …
Online Home Loans, Property Documents Could Be A Reality Soon Read More »
The most well-known and widely used alternative asset class is real estate, and there are numerous benefits to investing in real estate. In this article, we’ll go over some of the top justifications for investing in real estate, particularly given the current state of the economy. https://timesproperty.com/news/post/reasons-to-invest-in-property-blid3395
India’s house prices will rise steadily in the next few years roughly in line with overall economic growth, with low chances of a significant slowdown over the coming year, according to property experts in a Reuters poll. https://www.reuters.com/world/india/indias-housing-market-remain-resilient-defying-global-downtrend-2022-12-05/
The Knight Frank’s 2023: Pivoting Towards Opportunities report cited consistent growth of startups and unicorns coupled with rising income levels for Bengaluru to be among preferred choice of investors in residential properties in 2023. https://www.livemint.com/special-report/bengaluru-emerges-as-top-choice-for-real-estate-investors-in-apac-region-report-11669897570739.html
Under-construction homes are popular among investors as they are often considered a ‘smart choice’ in terms of return on investments https://timesproperty.com/news/post/five-benefits-of-investing-in-an-under-construction-home-blid3369
The growth compared with 3.5 per cent in the previous quarter and 2.4 per cent a year ago. https://www.thehindubusinessline.com/news/real-estate/all-india-house-price-index-up-45-in-q2-rbi/article66183616.ece
Overall, Anarock data showed that sales in the Delhi-NCR market more than doubled to 49,138 units during January-September from 22,478 units in the year-ago period https://www-livemint-com.cdn.ampproject.org/c/s/www.livemint.com/industry/infrastructure/housing-sales-in-gurgaon-jump-200-greater-noida-50-in-9-months/amp-11669532049232.html
The real estate experts, who took part in a Singapore property show held from November 19 to 20, also said that the Non Resident Indians are also settling down with extended families, another lesson from the pandemic that living together with family members is much helpful in facing another COVID-19 wave type development in the …
Non-Resident Indians investing in large housing units in India: Realtors Read More »
