Real-estate Investment

A RERA escrow account is a specialized bank account mandated by the Real Estate (Regulation and Development) Act, 2016 (RERA) in India. Its primary purpose is to ensure that funds collected from homebuyers are used exclusively for the construction and development of the specific real estate project for which they were intended, thereby safeguarding the interests of buyers and promoting transparency in the...

The real estate sector in India stands as a cornerstone of the nation's economy, contributing approximately 8-9% of the GDP. It holds the distinction of being the second-largest source of employment after agriculture. Encompassing over 200 ancillary industries—including cement, steel, bricks, paints, and furnishings—the real estate industry has a vast and dynamic impact. By 2030, it is projected to...

In 2024, India's real estate sector experienced significant developments across various dimensions, including regulatory changes, market dynamics, technological advancements, and investment trends. 99Realty have covered most of these topics in our regular articles and this comprehensive article brings to you the major events in the Indian Real Estate Sector in 2024 along with our future prospective for...

Jamshedpur, a city known for its industrial significance and rapid urbanization, is now witnessing a significant shift in its real estate landscape with the emergence of ambitious projects like the Govindpur Sky Tower. Positioned as a modern, state-of-the-art residential and commercial complex, Govindpur Sky Tower is set to become a landmark in the city’s skyline. Designed with modern amenities,...

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 an apartment in India, one critical concept that buyers often encounter is the Undivided Share of Land (UDS). This pivotal aspect influences legal ownership, resale value, and future benefits. In this guide, we delve deep into UDS, offering insights on its significance, calculations, legal implications, and more. What is UDS in Real Estate? The Undivided Share of Land (UDS) refers to...

Real estate continues to be one of the most resilient and lucrative investment avenues. Despite rising property prices, advancements in technology and innovative financial instruments have made real estate accessible to retail investors. These opportunities allow individuals, including young investors, to reap the benefits of rental income and property appreciation without substantial financial...

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 increase value, renting them out to...

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: Rising property prices in metropolitan areas...

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...