Developers are offering a variety of payment schemes to attract buyers during the current period when home sales have been slack. It is imperative that based on their individual income bands and liquidity positions (both present and future) they understand what each payment plan entails. The attraction of delayed payments,…
Across India, a sustained growth momentum in office space demand and occupancy is being witnessed on the back of a renewed business confidence, supporting future corporate expansion and growth. In this improving market, the Delhi-NCR office real estate market (Noida, Gurgaon, Faridabad and other localities) seems to be missing on…
Indian home buyers have long been the victim of arbitrary and lopsided sale agreement between the developer and the buyer. Things are set to change once the Real Estate (Regulation and Development) Act, 2016 is implemented on ground. How do property buyers get to benefit from the new real estate…
Ever wondered why do real estate projects have unique sounding, often exotic, names? Developers use names such as Urban Casa, Cape Town, Le Garden, Ambrosia, Mirabilis and Megalieo for their residential and commercial projects. It is natural to wonder why certain realty projects, such as ‘Worli 1973’, ‘W54’ or ‘Three…
Over 10 million square feet office space occupied in 2015; 2 million square feet office space in under-construction projects across the seven major Indian cities for offices. Among the seven major office space markets in India, Bengaluru has the lowest vacancy levels. At slightly more than 3%, the office vacancy…