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Showing posts from November, 2020

Smart City and real estate – Building a smarter India!

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  Smart cities aren't a completely unique concept but what's quite interesting here is that any industry you choose goes to be significantly impacted by a sensible city project. However, there are a couple of industries, like property, that impact the event of smart cities the maximum amount because the other way around. a sensible city is efficient and sustainable; in terms of infrastructure, data connectivity, connectivity etc. And land plays a pivotal role in making a sensible city, smart.   Sustainable buildings are the necessity of the hour, and a sensible city infrastructure would imply the foremost efficient waste management systems, minimal spend of perishable resources, recycling, smarter management of services and careful use of infrastructure. All of this whiles each and each device would be connected in real-time optimizing itself and producing humungous amounts of knowledge for analysis and troubleshooting. How will land keep up? Well, the real estate industr

NRI Investment Options In India

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When it involves remittance(the action of sending money in payment or as a gift). NRI investment options in India ace the worldwide index list. consistent with an International Bank for Reconstruction and Development report released in April this year. India tops the list with $79 billion, followed by China with $67 billion and Mexico with $36 billion. As a matter of fact, it's rising at an astounding rate. NRI investment options in India A major chunk of that capital is being invested in property. Consistent with the RBI website. “NRI investment in India has increased quite twice from $6 billion in 2014 to 12 billion in 2019″ and actually quite 63% NRI’s choose realty than the other option. These recent crises have plummeted the stock exchange, it's also influenced Some NRI investors towards stable real-estate investment . Plus the slump within the rupee against the dollar has handed over more power to NRI investment options in India. For investment, commercial propert

New Apartments Sale Are Peaking Up Does It Means That Real Estate Has Come Out From The Shadows Of Pandemic’s Curse?

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New home sales have seen a pointy rise in recent months, giving a sigh of relief from the pandemic-led worry across the realty market. New homes sold in Mumbai and therefore the remainder of Maharashtra are 10-30 percent higher in October, compared with January this year. it's believed that supportive measures from a couple of state governments like Karnataka and Maharashtra have led to the phenomenon, consistent with a report by Crisil Research. While Maharashtra had cut stamp tax from 5 per cent to 2 percent up to December 2020 and to three percent for January-March 2021, Karnataka had also slashed it from 5 percent to three percent for homes priced between Rs 21 lakh and Rs 35 lakh The favourable interest rates and a fall in property prices have made the house 35 per cent cheaper in India’s Top-10 cities within the past five years, the report added. Despite a much bigger fall in annual household income as compared to the residential prices, affordability increased in 2020. On