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Source: Live Mint A report by Anarock found the demand for 3BHKs has now surpassed that of 2BHKs, and the sale of high-end apartments (above Rs.1.5 crore) has increased nearly four-fold since 2021. Meanwhile, demand for affordable housing (below ₹40 lakh) fell to 21% of homebuyers in the second half of 2023 from 25% in…
Source: Live Mint AIFs include private equity, venture capital and hedge funds, besides other privately pooled instruments that invest in real estate to commodities. Such investments usually carry higher risk and are targeted at high-net-worth or wealthy investors. Also read | Prop, retail see decline in F&O turnover ahead of Sebi curbs taking effect The…
Source: Business Standard The raise is subject to the approval of applicable shareholders and regulatory or statutory authorities. | Photo: Shutterstock 2 min read Last Updated : Oct 11 2024 | 2:52 PM IST Oberoi Realty’s board of directors has approved raising up to Rs 6,000 crore in one or more tranches, said the…
Source: Business Standard 4 min read Last Updated : Oct 07 2024 | 8:14 PM IST The stamp duty and registration charges can significantly impact the overall cost of your home. These charges vary across different states and cities. And for long experts have been demanding uniformity in these rates. Click here…
Source: Business Standard 3 min read Last Updated : Oct 07 2024 | 10:09 AM IST Brokerages on Macrotech Developers: Brokerages are upbeat on real estate firm Macrotech Developers Limited (MDL) following a strong September quarter (Q2FY25) business update. Macrotech Developers reported record pre-sales of Rs 42.9 billion, a 21 per cent year-on-year (Y-o-Y)…
Source: Business Standard Illustration: Ajay Mohanty 3 min read Last Updated : Oct 02 2024 | 2:59 PM IST Private equity investments in India’s residential market are on the rise, fuelled by home-ownership trends and growing interest from domestic as well as foreign institutional investors. In the first nine months of 2024, investments in…
Source: Business Standard 5 min read Last Updated : Sep 30 2024 | 11:00 AM IST India’s real estate market witnessed an eleven per cent decline in housing sales during the third quarter of 2024, according to a report by ANAROCK Research. While the top seven cities (NCR, MMR, Bengaluru, Pune, Hyderabad, Kolkata, and…
Source: Business Standard Union Minister of Commerce and Industry Piyush Goyal | (photo: ANI) 3 min read Last Updated : Sep 24 2024 | 7:46 PM IST Union Commerce and Industry Minister Piyush Goyal on Tuesday assured realtors that he would take up the issue of easy financing to the real estate sector like…
Source: Live Mint Let’s consider a real-life example. A friend of mine owned a property for which he was getting offers in the range of ₹4.25 crore to ₹4.5 crore. However, he was determined not to sell for anything less than ₹5 crore. He held onto the property for five years and finally sold it…
Source: Business Standard More millionaires are on the move than ever before, and as one set of countries competes to load their spending needs onto them, another set lays out the welcome mat, recognizing that a wealthy resident is likely to generate more in sales taxes than many taxpayers do in income taxes. …
