Category Archives: Real Estate

AI unlocks new avenues for online real estate services

Artificial intelligence (AI) and machine learning are revolutionizing technology all around the world. Both are pivotal in shaping most of the forthcoming innovations in every possible field.  AI, in layman terms, makes machines perform complex tasks, associated with human minds, in a smart manner. Machine learning makes computers (machine) analyse and solve problems by teaching it basic logic and making Read More

Place of learning or piece of real estate?

shutterstock.comSeason in the sun Nalanda University of old University towns, typically, nurture an environment of ideas. Unfortunately, this doesn’t seem to be happening in India As India continues with the twin tasks of building universities and developing urban centres the links that are emerging between the two are worth pondering over. There is a strong tendency for universities to gravitate Read More

SC to hear Unitech real estate developers’ matter today

The Supreme Court will on Thursday hear the Unitech real estate developers’ case. On September 15, the top court refused to grant interim bail to Unitech’s Managing Director Sanjay Chandra in connection with alleged fraud case related to delaying of housing projects in Noida and Gurugram. The apex court, three judge benches, headed by Chief Justice of India (CJI) Dipak Misra, Justices A. M. Khanwilkar and D. Y Chandrachud also Read More

Rental reforms redefine the Indian real estate sector

Anuj Puri Several breakthrough reforms with pertinence to the Indian real estate sector saw the light of the day over the last one year. Be it demonetisation – the government’s ‘surgical strike’ against black money – the revolutionary RERA or the unified tax regime of GST – all bore the power of rendering the Indian real estate sector more transparent Read More

Patty: Opportunities Arise in Real Estate Seller’s Market

ng Service and is generally faster and always more accurate than national syndication sites. You don’t know if you can afford the home or would be comfortable with your payments because you aren’t pre-approved for a mortgage.  Many times, something shows up on the mortgage brokers credit report that the consumer is unaware of. You don’t have an agent.  Homes Read More

Puravankara’s ‘Big Online Home Fest’ to boost to real estate after RERA

The high spirit in the real-estate market is making a comeback after a lull and leading builders Puravankara are going all out to make it a bang for customers. The real estate giant’s ‘Big 72-hours Online Home Fest’ is making housing affordable for customers across the country.The three-day online home fest is bringing all properties of Puravankara and its premium Read More

Tamil Nadu govt mulling slew of changes in real estate sector

In the post-RERA Era, Tamil Nadu could become one of the first states to overhaul its existing housing policy, as the government plans changes to existing guidelines surrounding land-pooling, low-cost housing and project approvals Doing business in Tamil Nadu’s real estate sector is set to get a lot easier, provided a list of proposals gets the state government nod.   Read More

Will the next 5 years see an upswing in real estate?

Contrary to the general perception that real estate has been going through a bad phase for the past few years, according to Knight Frank Global House Price Index Q2 2017, prices in the residential real estate market in India appreciated 10.5% in 12 months or 70% (absolute) in 5 years ending June 2017. According to the report, “the growth in mainstream Read More

Mumbai’s real estate sees revival, builders rush to submit new construction plans

Mumbai’s real estate sector, which has been hit hard by a prolonged slowdown, is showing early signs of a revival. While the residential market continues to be sluggish, developers have been rushing to submit new construction proposals to the Mumbai municipality. Between April 1 and August 24 this year, the civic building proposals’ department has received over 4,507 construction proposals Read More

Real Estate: Will headwinds end soon, or is this the new normal?

The Indian economy has seen a series of social and economic reforms in the recent past. The real estate sector, however, remains in the limelight. 2016-17 has been a year of strategic policy changes with the aim of establishing a more conducive and transparent economic system. The ultimate objective of the policymakers has been to improve ease of doing business Read More