According to a report by Crisil Ratings, residential real estate sales in top cities in India are expected to grow between 8 and 10 percent in the fiscal year 2023-24. This growth is projected despite the increase in interest rates and asset prices. Over the past two financial years, there has been a rise in demand for residential properties in the mid, premium, and luxury segments that result in...
The real estate market relies heavily on the surrounding infrastructure, including transportation systems and utilities, which greatly influence its overall performance and success. The vitality of this sector, as a crucial component of the economy, is intricately linked to the quality and accessibility of the infrastructure supporting it. It is obvious that poor infrastructure can lead to a decrease...
The real estate market in West Bengal is experiencing a high trend, and this includes a notable increase in luxury real estate property sales in Kolkata. In the period between January and March 2022, the number of flats sold in Kolkata reached 3,810, which is almost three times higher compared to the previous year when only 1,320 flats were sold.The luxury real estate market in West Bengal is dynamic. From...
The Real Estate (Regulation and Development) Act, 2016 has released new rules for the real estate business. It includes newly constructed buildings consisting of six or more flats on 3-cottah plots. This significant expansion empowers the real estate regulator to ensure better adherence to regulations in almost 90% of smaller projects. Previously, customers had limited avenues to address concerns in...
Demographic changes have a profound impact on the real estate market. Population growth, aging populations, and evolving lifestyles influence entire demographic factors. Understanding these changing demographics is crucial for real estate buyers, investors, and homeowners. In this blog post, we will explore the implications of shifting demographics on the real estate market in Kolkata and identify...
One of the key driving factors behind individuals making the permanent decision to migrate to an integrated township is the prospect of superior career opportunities. When someone buys a new flat or house, they always want to choose a place where they can settle down with all necessities and benefits. Living in an integrated township offers comprehensive infrastructure, convenience, enhanced security,...
The state urban development of West Bengal and the municipal affairs department has released a draft notification. This notification clearly said to change the sections of the West Bengal Municipal (Building) Rules, 2007. Every real estate company has to follow these rules of the State Government. Now you may ask what are EV Infrastructure Building draft rules and how we (Srijan Realty) take care of this....
Srijan Realty (Srijan Charitable Trust) funded the wedding ceremony of 108 girls in Salasar and gifted them ₹1.1 lakh worth of jewellery and household items. As part of this initiative, Srijan gifted each girl with jewellery and household items worth Rs. 1.1 lakh, ensuring that the brides had everything they needed to start their married lives on a positive note.
After the Pandemic, commercial real estate property has enhanced business. In 2023, many businesses have reopen, and many companies have launched their new offices in Kolkata. If we look at the report on commercial real estate trends in Kolkata, we can see that the graph is going to the top. According to the Real Estate marketer, this 2023 year should be very exciting. “...The real estate sector is...
Which is a better-villa or apartment? If you are confused, then go through this blog. We will reach the end of this conversion with an answer. See, apartments and villas are different, they are two types of residential property. Before investing your money in any one residential real estate property, you have to consider a few facts. Villa offers you a wealthy society, a big space, and a...