The Noida Expressway has emerged as a pivotal artery in the landscape of India's commercial real estate. As retail demand surges in this region, the expressway is becoming a hotspot for investment, underpinned by robust infrastructural development, strategic connectivity, and an expanding consumer base. In this comprehensive analysis, we explore the factors contributing to this meteoric rise and the...
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Sikka Kaamya Greens, a prestigious residential project, is situated in the vibrant Sector 10 of Greater Noida West. Developed by the renowned Sikka Group in collaboration with Tata Projects Limited, this residential enclave exemplifies modern living, offering a blend of luxury, comfort, and sustainability. With a strategic location near the Taj Highway and the Noida FNG Expressway, Sikka Kaamya Greens...
The Indian real estate sector, long known for its complexities and challenges, has undergone a significant transformation with the enactment of the Real Estate (Regulation and Development) Act, 2016 (RERA). This legislation was introduced to enhance transparency, accountability, and efficiency in the real estate industry. Below, we delve into the profound benefits RERA offers to property buyers, ensuring...
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...
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...
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...
Finance Minister Nirmala Sitharaman's Budget 2024 announcement of reinstating the interest subsidy for middle-class and lower-middle-class homebuyers under the Pradhan Mantri Awas Yojana (PMAY) marks a significant policy shift. This move is poised to bolster the housing sector by making home loans more affordable, especially in an environment of rising interest rates. Here, we explore the intricacies of...