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Is India Plotting its way into Real Estate?

Plotted developments are a breath of fresh air in the traditional real estate wind. Although urban locations are preferred for their infrastructure and convenience, the congestion and genericity are a rising concern for all homebuyers. Investing in a plot and constructing as per your own taste is a long-term dream. This seems to be a perfect time to seek your personal space by investing in plotted developments in India.

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Are you Ready-to-Move or Ready-to-Wait?

Any housing project is largely influenced by their builder’s credentials. The design, quality, amenities, finish, and delivery timelines are all planned and delivered by the builder. The past of the real estate sector is tarnished with recurring issues of delayed delivery, poor quality, and in some cases, absolute shut down of the projects. Adding the element of “under-construction” adds to the uncertainty of all the above-mentioned issues. As a part of the investment planning, it is key to decide whether you are ready to harbor the uncertainty or invest in properties tangible to you. The question is whether you’re ready to wait or ready to move?

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GIFT City: Residential Overview

Gujarat International Finance Tec-City is India’s first operational greenfield smart city, developed to position the country on the global financial map. Located between Ahmedabad and Gandhinagar, GIFT is spread across 886-acres of land parcel. GIFT hosts the very first IFSC, International Financial Services Centre (IFSC) that is due for residential, commercial, and institutional use in India. This smart city’s infrastructural miracles include district cooling, automated waste collection, sustainable design via green-certified buildings and integrated mobility. The accessibility is full-proofed by strategically positioning the GIFT city within 20 minutes time-radius from Sardar Vallabhbhai International Airport and direct access to metro corridor via NH48. The city, due to its humungous potential, has earned investments from global banks, fintech companies, IT/ITeS companies and growing population of NRIs

trendsCardImageReal Estate

Real Estate in Navi Mumbai

Navi Mumbai is presumably the next big settlement preference for the moving population. With manifold infrastructural development, establishment of educational and corporate hubs and most recently the progress of the airport, the credibility of the location is skyrocketing with a good mix of branded and locally established developers coming up with marketable and lifestyle projects. Navi Mumbai promises a perfect work-life balance lifestyle on the go with its immensely planned development which accommodates quality and spacious lifestyle with the equal touch of practicality in terms of corporate and educational establishment. The quality of social infrastructure is also commendably designed with convenience stores, malls, complexes and most importantly recreational spaces being developed. Real estate market in this geography has also seen massive development with locally established brands as well as tier 1 brands developing huge lifestyle projects with spacious apartments and ultra-modern amenities.

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Housing for All – Government’s Dream Project in Progress!

India is known for its accommodative nature. Being a democratic nation, it is home to an enormously huge population. However, the unbalanced ratio between growing population and scarce space has led to the deficit of housing, especially amongst the lower income group.

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Real Estate: Union Budget 2024-25 adheres with policy continuation and a blueprint for future!

It is again that time of the year when the entire nation is glued to the screens to get the first update on the Union Budget. The otherwise stagnated morale of the nation was enlightened with the announcement that focuses on achievement of holistic growth and development. It strengthens the interim roadmap with equitable allocation towards growth sectors focused on industry, MSMEs, manufacturing, youth, employment, rural and urban economies.

trendsCardImageReal Estate

Real Estate Investment snapshot 2024

Despite the stagnation in the economy and the clouding fear of recession in the US economy, half yearly investments closed at USD 4.8 bn in the real estate sector. The residential sector experienced a significant revival with reinstated interest and faith of investors compared to last years. The investment volumes in H1 2024 have already reached 81% of the total investments in CY 2023; this marks an all-time highest half-yearly investment in Indian real estate. Although the market scenario was uncertain owing to the general elections in Q2 and the global economic environment, the investors found Indian real estate as a safe option. The stagnated investment activity in Q1 was well covered in Q2.

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