Author: Hrishi Kumar

If you are planning to buy a second property, then Dehradun might just be the perfect destination to fulfil your desires. From being a favoured tourist hot spot to a pilgrimage, Dehradun is a good real estate bet that can allow a buyer to not only get a second home residence option, but provide greater returns on investments too. Due to its existing institutional, education and industrial hubs, the infrastructure in the region is ever-expanding; and now with the realty giants stepping up, a big makeover is in progress that will further enhance the attraction quotient of the city. Even…

With the Union Budget 2017-18 recently announced, markets were anticipating the RBI to come out with a decision to further ease the pressure off the market. With the banks currently holding high liquidity, a rate cut today could have assisted the borrowers in a big way. RBI’s neutral stance today, becomes its second in a row after the previous bi-monthly policy review in December last year. Markets were hopeful that the apex bank will reduce the key rate this time to allow the economy to breathe easy, but has failed to meet the expectations yet again. This being the first…

The much awaited Union Budget 2017-18 has been finally announced and has scored high in terms of impressing the countrymen, with the realty sector making the most out of it. This being the third extensive Budget presentation by the current government, and first after the recently concluded 50 days of Demonetisation, the government was observed to be pro-active in terms of offering incentives and rebates to the people. The New Year Eve of 2017 saw incentives announced for the affordable housing segment which was followed by the banks declaring lending rate reductions very next day. Teasers about positive changes in…

With another year passing by and the date for Union Budget 2017-18 fixed for 1st February, all eyes and ears are now eagerly awaiting for this year’s Union Budget which is expected to offer relief to the majority of the population. Also, looking into the political angle of the same, it is no coincidence that the dates for the upcoming Uttar Pradesh elections have been planned just after the Budget announcement. Thus, it is quite evident that a populous Budget is on its way. One of the country’s largest contributor towards Gross Domestic Product (GDP) and employment generation, real estate…

As the final day of the previous calendar year arrived, entire nation was waiting for the late evening when our Honourable Prime Minister Narendra Modi was to address the nation. Since his address on 8th of November last year, when demonetisation of large currency was announced, everyone was under the impression of what new policy might get implemented on the New Year Eve of 2016. During the address, Prime Minister this time announced some New Year gifts for the public that received a cherry on the top when several leading banks in the country slashed its lending rates by almost…

For us all, real estate is a term synonymous with structures and buildings. These buildings can be broadly categorised into industrial, commercial and residential setups. Being a developing nation, we usually observe realty development in clusters; where industries, commercial and residential spaces, all get their separate land parcels for construction. As a result, a city is usually filled up with offices, shopping complexes and houses built on tall skyscrapers. In the meanwhile though, since industries and plant & machineries get land banks around the outskirts, these units end up surrounding a fully developed city, which in case of a natural…

The year 2016 will go down in the history books of the Indian real estate sector as one of the most transforming years for the country’s real estate division where there were big announcements along with a bit of bumpy rides here and there. Being one of the prime contributors towards our country’s Gross Domestic Product(GDP) and employment generation, a lot is always expected out of this sector for the economic growth. This sector alone is responsible for being a user for over 30 other allied industries and sectors; and as we bid goodbye to 2016 and gear up for…

In a time when the whole country is juggling with the old and new currency, RBI, in it’s fifth bi-monthly policy review for the year, today, kept the rates unchanged, falling against the expectations of the market, especially after demonetisation. Real estate sector in particular was in dire need of a rate cut as the sales had suddenly taken a sharp fall with the market not showing any signs of growth in near future. This being the last policy review for this calendar year, the first one post-demonetisation and second review by Dr. Urjit Patel; hopes were very high as…

New Delhi The ongoing 36th India International Trade Fair 2016 (IITF) , at Pragati Maidan, was visited by the Secretary and Ministers of Haryana Government on Thursday. The dignitaries included Kavita Jain, Minister of Urban Local Bodies, Haryana Govt. and Rakesh Gupta, Secretary to Chief Minister of Haryana. Both the dignitaries visited the Haryana Pavillion to experience and explore the most novice machine in Earthquake alerting technology which is being exhibited by Terra Techcom Pvt. Ltd. The device is designed to alert onsite earthquake prior to its occurrence on registering a magnitude higher than 5 on the richter scale and…

It is true that infrastructure serves as the backbone for the real estate sector of any region and the landscape of Western Uttar Pradesh’s realty sector is expected to achieve newer heights as the much awaited Agra – Lucknow Expressway has been formally inaugurated. With the rising demand for tier 2 & 3 regions, this infrastructural development will allow untapped regions of the Western U.P. to come into the limelight and further promote the real estate prospects in those regions. Apart from developing various regions along the expressway, this roadway will also allow the commuters to save a lot of…