The urban population in India has increased from 109 million in 1971 to 377 million in 2011. It is projected to grow to 600 million by 2030. The Ministry of Housing estimated a housing shortage of 18.78 million houses during the 12th plan period, with 99% of the shortage among the economically weake...
Real estate is in crisis. With the domestic financial crisis gripping almost the entire Indian market, how could India’s property market remain insulated? The slowdown has forced home-buyers and investors to remain in the wait-and-watch mode. The slump in the residential property market has also l...
In order to ‘provide a further impetus’ towards ‘housing for all’ and affordable housing, Finance Minister Nirmala Sitharaman proposed an additional deduction up to Rs. 1.5 lakh for interest paid on loans borrowed up to March 31, 2020 for buying an affordable house valued up to Rs. 45 ...
A significant number of home buyers in the luxury segment look at these as positive investments. With the market down, there is little optimism about the investment value of luxury homes.According to market insiders, the luxury segment is the most stressed of all segments in the real estate sector. ...
Tourist destinations that are well-connected to metropolitan cities are also developing as outstation real estate destinations. These houses serve as weekend gateways as well as investments. It can be let out during the tourist season and can also be sold off in the unlikely event of a liquidity cru...
The word ‘titleʼ is a legal term that means legal ownership of property. Title to property is obtained, when the owner of the property signs a deed (transfer document) in favour of the buyer. Title is then registered in government’s land registration system and the buyer gets the ownership of t...
Dear Readers,Bharat: The decades-old dispute over Ram Janmabhumi was resolved by the Supreme Court verdict on December 9, 2019. Both majority and minority communities will now live in peace. Abrogation of Article 370 in Jammu and Kashmir by Modi Ji was also a landmark decision of Modi Government in ...