The path of the residential real estate market is showing a promising direction. As it has experienced significant growth over the last three years. Despite the disruptions caused by the pandemic, the sector has rebounded strongly and found a stable path of growth. This positive transformation of real estate trends can be attributed to a combination of factors that have boosted confidence and propelled...
Finding real estate property with open space in Kolkata is easy now! People desire real estate open spaces and outdoor recreational options where families can connect with the untamed beauty of nature. The term "open space" stands for the land or water preserved in densely populated areas for environmental and leisurely use. Imagine, after coming back from the office, when you take a mug of coffee and...
According to a report by real estate consultant Anarock, real estate developers in the top seven cities have significantly expanded the dimensions of apartments in response to the growing demand for larger living areas. The average size of apartments in these cities has seen a notable increase of seven percent since 2018. However, the Mumbai Metropolitan Region (MMR) stands out as an exception, as...
Real estate investing remains a popular choice for many individuals due to its high demand and potential for high returns in the long term. Particularly, Kolkata is an emerging city in India's real estate sector and it is considered one of the top clusters for investment. Kolkata is undergoing rapid transformation with the implementation of projects like the Kolkata Metro Line 6, increasing demand for...
Investment in real estate properties to generate income. Many investors own multiple real estate properties, with one serving as their primary residence and others being used to generate rental income and potential profits through appreciation in value. The tax implications for investment real estate are typically distinct from those associated with residential real estate. If you are wondering to...
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....
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...