The city’s real estate market has seen significant growth over the past few years, driven by factors such as population growth, the rise of the IT and manufacturing sectors, infrastructure development, investment opportunities and government support.
The residential real estate sector has been greatly impacted by home inspections in recent years.
Andheri East and Powai are dominating the realty charts in the city due to excellent track record of developers, easy access to modern amenities and booming infrastructure
Housing sales in India’s top seven cities--Mumbai, Delhi NCR, Bengaluru, Hyderabad, Chennai, Kolkata, and Pune--in 2022 hit 215,000 units, a decadal high, real estate consultancy JLL said in a report.
A survey conducted by R&R By Rise showed that the mood of the buyers clearly points to good times for the real estate segment in Delhi-NCR.
A major factor behind the high sales in big-ticket homes in Mumbai and other top cities is believed to be the central government’s move to limit capital gains tax deductions to Rs 10 crore.
Unlike their previous generations, millennials have a quintessential approach to buying property. Unlike their predecessors, they see a house not just as a commodity but as an indulgent investment.
Why pay rent when you can pay your EMI and own an asset? This is the hottest argument we have with our parents, friends, or bank relationship managers.