Investing in Indian real estate is a popular choice among Non-Resident Indians (NRIs), offering significant potential for long-term capital appreciation and rental income. With the Indian economy steadily growing and the rupee remaining stable, NRIs are increasingly looking to invest in properties back home. Here, we provide an in-depth guide to help NRIs make informed decisions while investing in Indian...
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In a significant policy shift, the Government of India has proposed an amendment to the Finance Bill concerning the indexation benefits on real estate. This change is poised to provide relief to property owners by allowing them the option to choose between the new and old tax regimes for long-term capital gains (LTCG) on property purchases made before July 23, 2024. Understanding Indexation and its...
India's commercial real estate market is a burgeoning sector, anticipated to grow at a CAGR of 13% between 2022 and 2027. By 2030, the Indian real estate market is projected to reach $1 billion, with commercial real estate being a significant contributor. As a favored investment choice among astute investors, commercial property offers high returns on investment (ROI), capital appreciation, and passive...
The Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has implemented a significant policy shift by mandating training and certification for real estate agents. This initiative aims to enhance the professionalism and knowledge of agents, ensuring better service for consumers and a more transparent real estate market. Objectives of the Training Program Enhancing Professionalism UP RERA's...
Nirvana Garden, an exemplary project by N N Construction, is strategically located in Andal, Paschim Bardhaman, West Bengal. This mixed-use development, comprising both residential and commercial spaces, promises a contemporary lifestyle coupled with unparalleled convenience. Here, we delve into the myriad facets that make Nirvana Garden a coveted address for homebuyers and investors alike. Prime...
The Union Budget 2024 has introduced a series of reforms with significant implications for the real estate sector in India. These changes affect a broad spectrum of stakeholders, including homebuyers, long-term property investors, developers, and financial institutions. This detailed analysis explores the nuanced impacts of the budgetary adjustments, providing a thorough understanding of the evolving...
India's real estate market experienced a significant surge in investments during the second quarter of 2024. The market attracted USD 2.77 billion in investments, marking a notable milestone as reported by Cushman & Wakefield. This influx of capital pushed the total investments for the first half of the year to a record-breaking USD 3.9 billion. This represents a 1.5x increase compared to the previous...
The real estate sector in India has shown remarkable resilience and growth post-COVID-19. With the upcoming Budget 2024, there are high expectations for reforms and incentives that can further propel this sector. Key areas of focus include the rationalisation of GST rates, the promotion of affordable housing, and the granting of full-fledged industry status to real estate. In this comprehensive analysis,...
India's tradition of luxurious living has evolved, reflecting the growing affluence of India's upper classes. Premium brands in fashion, cars, and hospitality have created a lifestyle of opulence. The luxury residential market has grown 5% in Mumbai and Delhi NCR. Despite challenges, the sector shows resilience and growth, even during the COVID-19 pandemic. As India modernizes, the demand for luxury living is expected to create new opportunities for the real estate sector.
The Yamuna Expressway Industrial Development Authority (YEIDA) has launched a new scheme offering over 350 residential plots in the vicinity of the upcoming Noida International Airport. This initiative aims to capitalize on the growing demand for residential, industrial, and commercial spaces in the rapidly developing region. Location and Connectivity The scheme encompasses 361 plots distributed...