India

When purchasing a residential property, the Base Selling Price (BSP) is just the starting point. Developers add various other charges to cover amenities, infrastructure, and legal requirements, often increasing the total cost significantly. Here’s an overview of these additional charges: 1. Development Charges (DC) Development charges are levied to cover the cost of infrastructure and...

When purchasing property, terms like Base Selling Price (BSP), Preferential Location Charges (PLC), and Floor Rise Charges (FRC) are critical to understanding the final cost. These charges often increase the property price beyond its basic value, making it essential for buyers to understand their implications. What is BSP (Base Selling Price)? The Base Selling Price (BSP) is the foundational...

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has introduced a key regulation that mandates the inclusion of real estate agents' fees, including commissions and brokerage charges, in the model property sale agreement. This regulation results from consultations between MahaRERA and the National Association of Realtors (NAR)-India. Their partnership reflects a push for a professionalized and...

Article by Mr. Purnoday Singh, CRM Lead The BRRRR investment strategy (Buy, Rehab, Rent, Refinance, and Repeat) is a popular method for real estate investors to build profitable property portfolios with minimal initial capital. Here’s an in-depth look at how this strategy is being adapted and applied in today's market It involves purchasing distressed or undervalued properties, renovating them to...

Article by Mr. Purnoday Singh, CRM Lead In recent years, India’s real estate market has seen a strategic shift from metro cities to Tier II and III cities. This transformation is set to gain further momentum in 2024, driven by a combination of factors that make these regions increasingly attractive to both developers and homebuyers. Here are some key aspects of this trend: Affordability Factor:...

The Noida Authority has introduced groundbreaking registration rules aimed at safeguarding homebuyers and enhancing transparency in property transactions. A tripartite "sale agreement" is now mandatory between the buyer, builder, and Noida Authority, solidified at the initial 10% deposit stage. This directive shifts the registration process from the end of the development cycle to the beginning, marking a...

Article by Mr. Purnoday Singh, CRM Lead Real estate investment in 2024 presents a dynamic landscape, with both compelling opportunities and notable risks for investors. As the industry navigates challenges from economic shifts, interest rate changes, and evolving property demands, savvy investors have the chance to capitalize on emerging markets and niche sectors like green infrastructure,...

As real estate remains India’s top investment avenue, its resilience and potential future trajectory have become topics of significant debate. While many industry veterans view Indian real estate as a safe and enduring investment, some analysts caution that emerging trends may challenge this perception. This article delves into the factors influencing Indian property prices, examining population trends,...

India's real estate sector is undergoing a transformative shift, positioning itself as one of the largest employment hubs in the country. With a remarkable compound annual growth rate (CAGR) of 18.7%, it is poised to create unprecedented career opportunities across various segments, attracting talent from all walks of life. As the industry evolves, professionals from diverse backgrounds, including...

The Uttar Pradesh Real Estate Regulatory Authority (UPRERA) has consistently taken steps to protect homebuyers and ensure greater transparency in real estate transactions. In recent times, the authority has enacted several new regulations aimed at curbing fraudulent practices and ensuring that homebuyers receive the rights and services promised to them. Below, we discuss these pivotal developments and...