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Delhi-NCR Pollution Crisis: Real Estate Sector Faces New Challenges Amid GRAP 1 Implementation

Delhi-NCR Pollution Crisis: Real Estate Sector Faces New Challenges Amid GRAP 1 Implementation

Rising Pollution Levels Prompt Action from Industry Bodies As pollution levels in the Delhi-NCR region reach alarming heights, real estate associations Naredco and Credai have issued critical advisories to their member developers in light of the Stage 1 restrictions imposed under the Graded Response Action Plan (GRAP). With the Air Quality Index (AQI) recently recorded […]

Festive Season Sparks Investment Frenzy in India’s Real Estate Sector

As India’s construction industry accelerates, the festive season presents a golden opportunity for real estate investors. With rapid urbanization and a growing demand for sustainable infrastructure, experts suggest that this period could be pivotal for those seeking long-term gains in the real estate market. Economic Growth Fuels Real Estate Expansion The real estate boom is […]

Festive Season Sparks Surge in India’s Housing Market Demand

As the festive season approaches, a recent CBRE report reveals that India’s housing market is poised for a remarkable upswing, building on the strong sales momentum of 2023 and the first nine months of 2024. This period, traditionally regarded as auspicious for home purchases, is set to draw in first-time buyers who have previously held […]

Pune’s Real Estate Boom: Stamp Duty Collections Surge by 38% in 2024

Pune’s Property Market Thrives Amid Strong Demand Pune, October 19, 2024: Knight Frank India has reported significant growth in Pune’s residential real estate sector, with property registrations hitting 138,412 units in the first nine months of 2024—a remarkable 29% increase year-on-year. This surge has translated into stamp duty collections exceeding INR 5,253 crore, reflecting a […]

Delhi-NCR Implements Graded Response Action Plan to Combat Rising Pollution

Strict Measures Targeting Construction Sector and Air Quality Improvement In a decisive move to curb escalating pollution levels in Delhi-NCR, the Graded Response Action Plan (GRAP) has been officially implemented. This initiative introduces stringent regulations that will directly impact the real estate sector, mandating developers to adhere to strict guidelines and halt construction activities when […]

Shifting Sands: The Evolving Landscape of India’s Real Estate Market in 2024

A New Era for Homebuyers in India In a compelling update on the state of the Indian real estate market, the Federation of Indian Chambers of Commerce and Industry (FICCI) and ANAROCK Property Consultants have released their “Homebuyer Sentiment Survey – H1 2024.” This report sheds light on the significant changes in homebuyer preferences and […]

U.P. RERA Unveils Comprehensive Guide for Stakeholders

New Publication Aims to Enhance Transparency and Efficiency in Real Estate Sector Lucknow/Gautam Buddh Nagar: The Uttar Pradesh Real Estate Regulatory Authority (U.P. RERA) has launched a significant new publication aimed at providing essential information and guidance to all stakeholders in the real estate sector. The book, titled “Collection of Important Decisions and Standard Operating […]

Zudio Unveils Trendy New Store at World Street by Omaxe: A Fashion Haven in Faridabad

World Street Expands Its Fashion Footprint with Zudio’s Grand Opening Zudio, the beloved Tata brand known for its stylish yet affordable apparel, has officially opened its doors at World Street by Omaxe, marking an exciting addition to this burgeoning shopping destination. Spanning an impressive 10,000 square feet, the store was inaugurated with a special event […]

Mumbai’s Real Estate Market Booms: Ultra-Luxury Sales Surge Amid Rising Prices

Rising Demand for Ultra-Luxury Homes in Mumbai In the past eight months, Mumbai’s real estate market has witnessed a significant surge, with affluent buyers investing heavily in ultra-luxury properties. Sales of homes priced above ₹40 crores have accelerated, indicating a strong demand in the high-end segment. The market is not just seeing increased transactions; prices […]

Mumbai’s Rental Crisis: The Cost of Living Driving Professionals Away

Soaring Rental Prices Outpace Salaries in India’s Financial Capital Mumbai has earned the notorious title of one of the most expensive cities in India for accommodation, with average annual rental costs for a 1 BHK apartment hitting ₹5.18 lakh. This figure starkly exceeds the average annual salary of junior-level employees, which stands at approximately ₹4.49 […]