With an aim to persuade urban voters to step out of their flats and vote this Friday in the 2024 Lok Sabha elections, the Gautam Budh Nagar administration has set up 100 polling booths at over 60 high-rise societies in Noida and Greater Noida. Residents are excited for election day, with many hailing the convenience that comes with polling booths at their doorstep. HT launches Crick-it, a one stop destination to catch Cricket, anytime, anywhere. Explore now!

A reflection of India's growth story for about a decade or so, Gurugram has claimed the Numero Uno position on the national map. No wonder, the city has become the launch pad for residential and commercial real estate, with approximately 25000 units expected to be launched in the next six months.

Following several complaints from flat purchasers regarding parking space deals allocated by developers, the Maharashtra Real Estate Authority (MahaRERA) has now made it mandatory to include all parking details as part of annexures to the Allotment Letter and Agreement for Sale. The housing regulator received various complaints such as, the building’s beam obstructing the parking of a vehicle, a vehicle cannot be parked in the parking, the vehicle door cannot be opened to exit, manoeuvring space inadequate, etc.

Kolkata Metropolitan Region reported registrations of 3,936apartments, recording a 17% year-on-year (YoY) growth for March 2024, said Knight Frank in its latest report. The real estate sector’s long-standing demand of making the stamp duty rebate extension a permanent feature of the Kolkata market is expected to further bolster the residential sales momentum. According to the report, the share of units under 500 sq ft increased from 24% in March 2023 to 45% by March 2024.

Delhi-NCR remains a focal point for real estate transactions across diverse sectors, with land deals maintaining their significance in driving real estate development, as observed in the previous financial year. According to ANAROCK data, while FY-23 recorded 23 land deals encompassing approximately 273.9 acres, FY-24 witnessed a notable increase with 29 land deals covering around 314 acres. “About 26 separate land deals, totaling approx.

A survey has revealed that 64% of high networth individuals prefer the fractional ownership model to invest in commercial real estate (CRE) in India. Bengaluru, Pune, Mumbai and Delhi NCR are the leading preferred markets for real estate and fractional ownership investments in India, according to the 2024 edition of the Neo-Realty survey by WiseX, India’s leading Neo-realty investments platform

Real estate is a fundamental component of development which not only shapes the form but the future of any place. It is significantly an indispensable aspect of the urban development which outlines and determines nature of development, economy, functioning, amenity, welfare, resilience and sustainability of any urban area. Real estate property encompasses the land and structures affixed to it that contribute to its overall value.

You take a home loan for a longer duration compared to other credit facilities. You pay them off over periods that can sometimes span 20 to 30 years. Because of this longer duration, it also brings some uncertainties regarding repayment of the loan, as 20 or 30 years is a considerable amount of time during which you may experience various financial ups and downs. You get a loan from any bank or financial institution based on your present income and repayment capacity, but nobody knows about future circumstances.

Eldeco Infrastructure and Properties Limited (EIPL), a north India-based real estate developer, has raised a funding of Rs 350 crore from HDFC Capital Advisors Limited for their joint platform to develop housing projects. EIPL, which a subsidiary of listed firm Eldeco Housing and Industries Limited, noted that these funds will be aimed at developing residential projects across the country. HDFC Capital, a subsidiary of HDFC Bank Ltd, is the real estate private equity arm of the HDFC Group.

The real estate industry’s significance in fostering economic growth and stability, is paramount. The Indian real estate market is experiencing a phase, unlike anything it has witnessed ever before. Factors like government policies, technological advancements, sustainable practices, rising demand for housing, and regulatory measures like RERA are pivotal in shaping the current industry landscape. Nowadays, product-centricity has surged with customers, showing willingness to pay a premium for superior quality.