#brokerage firms in Delhi/NCR

[billionairebucks]

The Best Real Estate Consultancy

Real estate, commercial property, investment

Billionaire Bucks India Pvt. Ltd., a leading real estate company, delivers world-class living and commercial spaces in the Delhi and NCR regions that are affordable, at par with international standards, and give the common man the ideal surroundings to live and conduct business in. We are strongly guided by our core values, which include ensuring customer satisfaction, which is fundamental to our business; providing pre-and post-sales services of the highest quality; and enabling transparent deals for our growth and wealth enhancement as investors.

Billionaire Bucks is one of the first few organisations in the NCR to recognise the importance of investing in Indian real estate. Billionaire Bucks India's prominence is rooted in mutual trust, integrity, and honesty. Every member of Billionaire Bucks India fully comprehends their core duties. The primary goal of this property advisory team is to help potential customers find their ideal space in their preferred location.

Qualities that make Billionaire Bucks India the best real estate consultant:

Expertise and Experience: Seasoned professionals with vast industry knowledge and years of experience

Effective Communication: Fluent in the national language, ensuring top-notch consultation services.

Cultural Insight: Deep cultural understanding of the country

Extensive Network: Strong connections with builders and developers for comprehensive property advisory

Market Insight: in-depth knowledge of market rates, trends, and charges

Client-centric: prioritises client requirements above all else.

Adaptability: being quick to respond and adjust to unexpected changes.

Billionaire Bucks India is a versatile real estate portfolio management firm, offering unmatched consultation services for both commercial and residential properties. Their core goal is to deliver comprehensive advisory solutions, streamlining the buying or leasing process for clients. Their property advisors in Noida and Greater Noida specialise in providing insightful analysis to simplify and enhance investment decisions. The in-house team focuses on a range of key activities, including

Real estate surveys Capital Improvement Portfolio Management Financial Reporting Asset Value Recovery and More 

        The team goes the extra mile and beyond to optimise real estate investments, assessing market trends, technologies, and other impactful factors. Founded in 2019, the company's mission is to enhance its expertise and earn the trust of its clients.  Among the real estate consultancies, we focus on the project history, analyse all the possibilities of the project in the future, and then deliver it to the clients.  Billionaire Bucks is an established player in real estate, and we endeavour to bring the best industry as a whole in terms of efficiency and surveys. The legacy of our delivery across residential and commercial areas is well-known in the market. Our focus over the years has been to do only a few projects at a time so that delivery can be prioritized. As a company, our motto says 'Ek Kadam Vikas Ki Aur'. We have always believed in the delivery of the projects, as we understand the Indian value of what investing means to our customers. It's the biggest dream of purchasing a home or investing in commercial property coming true for them. So delivery has always been a priority for us.  Strategy and direction of the company, has assiduously taken charge of overseeing the day-to-day operations, and we have been able to drive the company where we are today and run our business. We now concentrate completely on real estate surveys and capital improvements for the business; as I said, delivery is our focus. Our core moral is to provide our best from the ground up and not to think twice before folding our sleeves and getting down to do as required for the business. This philosophy has made me and our company versatile, where we can even oversee construction updates and also conduct the responsibilities of the MD and CEO, which entails dealing with the who's who of the business world.

The best real estate consultancy is 8988980088, www.billionairebucksindia.in.

Billionaire Bucks is one of the first few organizations in NCR, that recognized the importance of investing in Indian real estate. The best real estate consultancy is 8988980088, www.billionairebucksindia.in.

[larisarealtech1]

MRG Crown Sector 106 Gurgaon - Larisa Realtech

MRG Crown is a residential project located in Sector 106, Gurgaon, part of the National Capital Region of India (NCR). It is being developed by MRG World, a property developer known for its affordable housing projects. The project offers his 2BHK and 3BHK apartments with modern amenities and facilities.

Larisa Realtech may be a real estate agent or broker that may be involved in marketing or selling units of MRG Crown or other real estate projects. It is always advisable to exercise due diligence and research on developers, projects and real estate agents before making any investment decision or purchasing a property.

Please note that real estate projects and their details may change over time. Therefore, we always recommend that you check for the latest information from official sources or consult a qualified real estate professional for the most up-to-date and accurate information. MRG Crown is a residential project in Sector 106, Gurgaon, India, developed by property developer he MRG World. The project offers affordable apartments in different configurations, such as 1 BHK and 3 BHK, with modern amenities and facilities.

Sector 106 is a well-connected location in Gurgaon with easy access to major roads, highways and public transport. Its proximity to the Dwarka highway and close proximity to established residential and commercial areas make it a convenient location for local residents.

Larisa Realtech may be a real estate agent or brokerage firm dealing with properties such as MRG Crown in Sector 106, Gurgaon. As a prospective purchaser or investor, conduct thorough due diligence before making any investment or purchasing decision, including reviewing developer qualifications and reputation, understanding project details, amenities, pricing, payment schedules and legal documents. It is wise to exercise diligence. We also encourage you to visit our website and seek advice from a qualified real estate professional. MRG Crown is an affordable housing project in Sector 106, Gurgaon, India, developed by MRG World in partnership with his Larisa Realtech. We offer affordable his 2BHK apartments for home buyers looking for affordable housing options in Gurgaon.

The project aims to provide affordable and quality housing for eligible home buyers under the Affordable Housing Policy of the Government of Haryana. Apartments at MRG Crown offer modern amenities and facilities including a clubhouse, landscaped gardens, children's playground and 24-hour security.

Sector 106 is a rapidly developing area in Gurgaon, offering excellent access to the city's major business and commercial centers such as Cyber ​​City, Golf Course Road and Dwarka Expressway. . The project is also close to educational institutions, medical facilities, and shopping complexes, making it a convenient option for homebuyers.

As with any real estate investment, we recommend thoroughly researching and reviewing all project details, including legal permits, pricing, payment schedules and tenure of ownership, before making a decision.

It is also wise to consult with a qualified real estate professional or financial advisor to fully understand the project and its implications. MRG Crown is a residential project in Sector 106, Gurgaon, India, developed by MRG World in collaboration with his Larisa Realtech. We offer affordable 2BHK apartments with modern facilities for comfortable living.

It is also close to a planned subway station, providing easy access to various social and public facilities.

This residential project offers luxury high rise apartments with high-end luxury amenities on dwarka expressway. If  you wanted to live a luxurious lifestyle near delhi-gurgaon border, this project will be a best option for you.  

Amenities: To ensure a comfortable and convenient lifestyle, the project will provide residents with a variety of modern amenities such as a clubhouse, landscaped gardens, children's playground, jogging track, and 24-hour security. provide amenities.

Legal Compliance: MRG Crown is a Haryana Affordable Housing Policy (HARERA) compliant project ensuring compliance with government standards and guidelines for affordable housing projects in the state.

All in all, MRG Crown, located in Sector 106, Gurgaon, is an affordable residential project developed by MRG World in collaboration with Larisa Realtech, offering modern amenities and well-accessible his 2BHK apartments. A good option for home buyers looking for affordable housing options in Gurgaon. However, as with any real estate investment, it is important to conduct thorough due diligence before making a decision, including reviewing developer credentials, reviewing project plans, pricing, and reviewing legal documents. is. MRG Crown is an affordable residential project in Sector 106, Gurgaon, India, developed by renowned property developer, he MRG World. We offer 2BHK apartments with modern amenities and facilities designed for comfortable living. MRG Crown is built under the Haryana Affordable Housing Policy, which aims to provide affordable housing opportunities to the masses.

Larisa Realtech may be a real estate agent or brokerage firm that may be involved in the marketing and promotion of the MRG Crown Project or other property in Gurgaon. They may offer real estate sales, rentals, and other services related to real estate transactions.

Thorough research and due diligence are always recommended when considering a real estate investment. Where this includes verifying developer credentials, reviewing project permits and legal status, understanding pricing, payment schedules and other terms and conditions, and in-person visits to evaluate sites and facilities there is. Advice from a qualified real estate professional or legal advisor can also help you make an informed decision.

[monicasharmalove]

Anarock to facilitate sale of 5,400 flats of Amrapali for Rs 2k cr in NCR

Homegrown housing brokerage firm Anarock, which has got the mandate to sell around 5,400 unsold flats of erstwhile Amrapali group, on Thursday said it has facilitated the sale of 150 units for Rs 70 crore in the last one month and expects a total sales bookings of over Rs 2,200 crore in the next four years. The state-owned NBCC has undertaken the completion of many residential projects in Noida and Greater Noida under the aegis of Amrapali Stalled Projects and Investment Reconstruction Establishment (ASPIRE) and supervision of the Supreme Court of India. The proceeds from unsold units will be utilised to complete the stalled projects of Amrapali group. "We have got the mandate as exclusive channel partner for the sale of around 5,400 unsold homes in projects by the erstwhile Amrapali Group.

The total sales bookings in value terms is estimated at about Rs 2,200 crore," Anarock Vice Chairman Santhosh Kumar told PTI. ADVERTISING The company has already facilitated sales of 150 units for Rs 70 crore within just 30 days, the property consultant said in a statement. Anarock, which was founded by Anuj Puri in April 2017, said it would deploy proprietary PropTech marketing tools to market these projects. NBCC Chairman and Managing Director (CMD) P K Gupta said: "41,000+ sold and 5,000+ unsold units in 20+ stalled projects, together accounting for 46,000+ units, will be delivered by NBCC in tranches by June 2024. It is the beginning of the biggest customer redressal initiative in the history of Noida/Greater Noida's real estate market." In the first phase, the properties on offer range from 1 BHKs to penthouses priced between Rs 20 lakh to Rs 1.5 crore in 20 projects in Noida and Greater Noida. According to Anarock, all included projects of Amrapali group will be completed and delivered by June 2024 at an estimated project cost of Rs 8,189.82 crore.

[rkfsfinancialservices]

Best Leading Brokerage Firm in India for Beginners | RKFS

Finding a leading brokerage firm in India has become a very difficult task. Because there are so many options available in the market that traders find themselves paralyzed. If you are among those traders and searching for best brokerage house to open your demat account. RKFS is a Delhi based Investment Services Company which has brought the concept of discount broking model to India. Which has a huge customer base? You can invest in mutual funds, bonds and IPOs by visiting our website and direct mutual fund investing is free. We understand the importance of investing for a secure future, and horizons are integral to that end. The importance of time horizon is great for setting goals right with realistic achievement timelines. It can help to prepare in advance so that you can approach RKFS Financial Services without wasting time and with a clear mind. And before doing this you as a trader should remember few things which will help you better in trading.

[zippertrade-blog]

Find Right Stock Brokerage Firms and Brokers in India

If you are in search of the finest stock brokers in India, you can find them easily in Delhi. The city is a hub of many trusted and licensed stock brokers who operate through reputed stock brokerage firms or run their trade privately via online mode.

For more info visit at:- http://www.zippertrade.com/blog/find-right-stock-brokerage-firms-brokers-india/

[infinityinvestments]

Infinity Investments

Infinity Investments - India, a renowned real estate brokerage firm situated in Gurgaon, Haryana, India, was founded in 2010. Our concentration has been on prime, Class A, and premium commercial properties across India, as well as lifestyle and luxury residential properties in Delhi NCR, since the company's foundation. We are able to provide the finest solutions for our clients' different needs by combining highly experienced and skilled principals with a youthful, professional, and dynamic team of property dealers.

We provide specialised property solutions with a strategic approach for an enhanced and pleasant real estate experience, built on a tradition of integrity and transparency. Our broad network across India and globally supports our customer-centric services, reliability, and short return time. We can create a long-term relationship with our client since we have an in-house staff of licenced and skilled specialists who are dynamic and efficient. The list of delighted customers attests to the quality of our services.

[techminsolutions]

Housing sales in NCR up 24% in Jan-Jun; demand to grow in 2021: PropTiger

Housing sales in NCR up 24% in Jan-Jun; demand to grow in 2021: PropTiger

Housing sales in Delhi-NCR rose 24 per cent year-on-year to 9,016 units during the first six months of this year on lower base and the demand is likely to remain strong during the upcoming festive season, according to brokerage firm PropTiger. The sales of residential properties stood at 7,297 units in the first half of last year. On sales outlook for the full year in Delhi-NCR, Mani…

[moneycafe]

Housing Sales in NCR Up 24 Per Cent in Jan-Jun; Demand To Grow in 2021: PropTiger

Housing Sales in NCR Up 24 Per Cent in Jan-Jun; Demand To Grow in 2021: PropTiger

Business oi-PTI | Published: Tuesday, July 13, 2021, 16:59 [IST] Housing sales in Delhi-NCR rose 24 per cent year-on-year to 9,016 units during the first six months of this year on lower base and the demand is likely to remain strong during the upcoming festive season, according to brokerage firm PropTiger. The sales of residential properties stood at 7,297 units in the first half of last…

[apruv10]

NoBrokerHood enhances security features to help residents fight Covid-19.

BENGALURU: As India continues to fight the spread of the pandemic, NoBrokerHood, the integrated visitor, society, and payment management app by NoBroker.com has added multiple features to its existing suite of services. These features ensure that society residents are well-equipped to mitigate the risk of catching or spreading infection.

 The app has recently launched COVID tracker and is now integrated with Aarogya Setu. Safety measures include a touchless entry with face recognition, t ..

The newly launched app that has seen 8x growth in the last 3-4 months, has over 4000 societies registered on it across like Bangalore, Chennai, Pune and Hydeabad. The firm is targeting to onboard 15000 societies across 25 cities by the end of 2021.

If you are looking for Good Amenities and facilities you can choose tata new haveni in Bangalore .

The app is also integrated with Aarogya Setu, an app that determines the risk status of a visitor or domestic help by scanning through a database of known cases across India. With NoBrokerHood integration the app scans QR code from the visito ..

NoBroker launched NoBrokerHood, a smart visitor and residential community management system.

NoBrokerHood acquired Society Connect in February 2020 to integrate the financial module with its services on one single platform.

 NoBroker.com is tech-based brokerage-free real estate platform with more than 85 lac registered users across Bangalore, Mumbai, Pune, Chennai, Hyderabad and Delhi-NCR. The platform has raised a total funding on $151 million from marquee investors such as General ..BENGALURU: As India continues to fight the spread of the pandemic, NoBrokerHood, the integrated visitor, society, and payment management app by NoBroker.com has added multiple features to its existing suite of services. These features ensure that society residents are well-equipped to mitigate the risk of catching or spreading infection. The app has recently launched COVID tracker and is now integrated with Aarogya Setu. Safety measures include a touchless entry with face recognition, t ..The newly launched app that has seen 8x growth in the last 3-4 months, has over 4000 societies registered on it across like Bangalore, Chennai, Pune and Hydeabad. The firm is targeting to onboard 15000 societies across 25 cities by the end of 2021.If you are looking for Good Amenities and facilities you can choose tata new haveni in Bangalore . The app is also integrated with Aarogya Setu, an app that determines the risk status of a visitor or domestic help by scanning through a database of known cases across India. With NoBrokerHood integration the app scans QR code from the visito ..NoBroker launched NoBrokerHood, a smart visitor and residential community management system.NoBrokerHood acquired Society Connect in February 2020 to integrate the financial module with its services on one single platform. NoBroker.com is tech-based brokerage-free real estate platform with more than 85 lac registered users across Bangalore, Mumbai, Pune, Chennai, Hyderabad and Delhi-NCR. The platform has raised a total funding on $151 million from marquee investors such as General ..

[redefinegroups]

Best Real Estate Company in India

Our all in one resource for Real Estate: Property Management, Construction Project Management, and Fund Administration from a solitary source. As a world-driving assistance accomplice in the territories of elective speculations, worldwide development, and corporate administrations, gives an extraordinary scope of administrations. In the real estate sector, our administrations range from store organisation to property management of the individual property and serve the whole land life cycle by the  Best Real Estate Company in India.

With our "all-inclusive resource" methodology, we rearrange measures, lessen the number of specialist co-ops required, assume full liability along the worth chain, and accordingly encourage your attention on your centre business. Incorporated IT frameworks from the land to the asset level, structure the premise.

In the territory of property management, we serve retail, office, coordination’s and local locations cross country from Noida, Haridwar, to Rishikesh. Redefine Group, the Best Real Estate Company in India, likewise has workplaces in Delhi NCR.

We have a solid spotlight on specialised land management and development project management with our draftsmen. In the region of the venture, we go with speculators and merchants in all periods of the exchange cycle and can draw on our worldwide organisation. We additionally deal with the affirmation of your land portfolio.

Most importantly, we consider ourselves to be your proactive accomplice, who is explicitly custom fitted to your necessities and deals with your properties with a ton of energy!

Redefine Group, the Best Real Estate Company in India, by a pioneer of the business financier industry. Beginning with a solitary business financier firm in Noida, Redefine Group, immediately ventured into a cross country organisation of expert business representatives. With Redefine Group's vision, the Best Real Estate Company in India got one of the biggest and best business financier firms in India.

Redefine Group keeps on driving the field among Indian business real estate financier firms. We have workplaces across India offering a scope of business financier, business valuation, and business real estate management services.

As one of the biggest and longest-tenured business financier firms in India, we put our experience and our associations with work for the benefit of our customers. Regardless of whether you're hoping to sell a business, purchase a business, or lift the estimation of your organisation, you can depend on the agents at your neighbourhood Redefine Group office.

India's Trusted Business Brokerage Firm

At the point when you're selling, purchasing, or evaluating a business, it pays to have a confided in business financier firm on your side. To locate a demonstrated and expert business firm, you'll need to search for the accompanying standards:

Demonstrated history of fruitful business closings

High shutting proportions

Prepared admittance to purchasers and merchants, both across the country and universally

Frameworks and cycles to coordinate purchasers and merchants

Profoundly experienced and credentialed business intermediaries

Phenomenal guidelines of business morals

Participation in all huge industry affiliations, bunch posting administrations, various posting administrations, and financier organisations

Redefine Group meets these measures. We utilize a demonstrated model for evaluating, promoting, and selling organisations. We are individuals from significant business financier organisations, offering admittance to purchasers and dealers on a public and worldwide platform. What's more, we hold our business specialists to the most elevated proficient norms.

Individuals from Redefine Group have been deliberately enrolled for their elevated level of accomplishment as previous entrepreneurs, and senior-level chiefs. Before entering the financier business in Real Estate, Redefine Group managers get serious preparation, which is reinforced by continuous help from specialists and our corporate groups.

We welcome you to become familiar with Redefine Group, the Best Real Estate Company in India, and the way to deal with the business financier real estate call. We hold ourselves to the best expectations of expert help, accomplishing greatness in the fields of business deals and consolidations, apparatus and gear deals, deals, and re-sale of establishment organisations, real estate property exchanges, land valuations, corporate acquisitions, and land counseling.

[payalk]

NoBroker expands to Delhi NCR; aims to be present in 20 major cities over next four years

NEW DELHI: NoBroker.com, a brokerage free property platform, on Wednesday announced its entry into the Delhi-NCR market and aims to have presence in 20 major cities over the next three-four years. In October, the Bengaluru-based firm raised $50 million in Series D funding, led by Tiger Global Management, for business expansion. It has raised $121 million since its inception in 2014. NoBroker.com helps in buying/selling and renting of housing and commercial properties by connect .. If you are looking for best place to live with your family you can choose rooms for rent in gurgaon Since its launch in New Delhi, NoBroker.com has already garnered 62,000 consumer registrations and over 27,000 listings on the platform. It has, thus far, facilitated over 1100 deals in the region. On operational front, co-founder Amit Kumar Agarwal said the company is facilitating 20,000 transactions per month, of which 85 per cent are for rental.

[freshleadprovider]

There is 18% growth in sales of properties in Delhi NCR. There is 18% growth in in all kinds of residential and commercial properties in NCR. Now total number of unsold properties are only 9%. Although there are many under-construction real estate projects are still pending. Its a really a challenging task to complete these real estate projects in committed time frame. www.leadsglobal.in also says that demand of real estate leads has increased due to this boom in property demands. Top real estate Builders, developers and consultants are buying fresh real estate leads to sell more and more properties quickly. (Source - www.anarock.com - a real estate brokerage and consulting firm)

[rkfsfinancialservices]

What to know before Consulting Any Leading Brokerage Firms in India

Intro

In this new age of the internet, choosing the best broking house from the leading brokerage firms in India to start your investing journey has become quite a tricky task. With so many choices available in the market no wonder the new traders find themselves paralyzed.

If you are one of those traders and trying to find the best brokering house to open your demat account, then you should begin your search by keeping these factors in mind before consulting any of the leading brokerage firms in India.

Profile-based investment products

The First thing that comes to when choosing a brokerage when starting your investing journey is buying and selling stocks. 

But that is not the only thing you should worry about, that are alternatives that are necessary for creating and managing a good portfolio. This can include Mutual funds, PMs, commodities, derivatives, equities, fixed deposits, and other structured products, etc. 

It is crucial to building a good portfolio and is an immensely important aspect of personal investing. Hence your chosen best broking House should have products and tools that can provide proper client profiling and advice. 

Research and Analysis Capabilities

Good Stock Selection is the key to success, only a broker who has the process of selecting the right stocks using metrics like Growth aspect, longevity, sustainability, and the quality of the management remains active in the market, that's why The Best broking houses provide exclusive reports for their members.

One of the best tricks for choosing the right broker among all the leading brokerage firms in India is to ask for their earlier released report and check the level of accuracy they provided to the clients. For clarity also try to make sure the report includes growth stock, value stocks, quality stock, cyclical stocks, and defensive stocks.  

Risk and Returns 

As a newbie in the market, you may think that selecting a broker who charges less commission on trade is a good move but that is not the criteria you should use when selecting a broker.

Even if cost more, you need to find a broker who is capable of understanding your risk profile and must be able to provide you with the best strategies because the truth is the return you achieve is far more important for your constant growth and building confidence than some additional brokerage charges.  

We would seriously recommend that you start your investing journey with a capable brokerage house like this one. They are usually best suited for novice investors who may still need to understand the market. When you become a more sophisticated investor, you can invest yourself. 

Hidden Charges & Fund Transfer

You always want to remember transparency is the important thing when it comes to choosing a good brokerage house. There should never be hidden fees in the investment and transaction process. All expenses incurred during the transactions must be specifically mentioned. 

Other than this, make sure to check the fund transfer process at your broker, the function to link your trading account with your savings account should be available And Even that should not include any fund hidden transfer fee.

 Some Additional Key Takeaways

Local Branch Offline Availability the first thing to check when choosing a broker is that if it calls themselves Best Broking House in Delhi-NCR, then must also have a Delhi office that you can visit. A local branch like this will come become handy if you run into some problems.

Check for types of Insurance services they provide, Will the company     compensates you for losses caused by fraud? Please be sure to carefully  check the broker’s requirements for you to get reimbursement. Know whether you must provide documents or take specific precautions to protect yourself.

They must have the ability to provide loans against shares, commodities, IOP, and property to meet any unforeseen expenses.   

The last feature worth looking for is fractional shares, which allows investors to buy stocks or ETFs instead of the number of shares. This is especially useful for investors to build a diversified portfolio but don't have a lot of money to invest.

Closing thoughts

Remember that your investor profile is based on a variety of factors, including your investment horizon, objective, risk tolerance, and the balance between risk and return. That's why as an investor, it is necessary to figure out which 

leading brokerage firms in India

 to consult. Although your first broker is not necessarily your lifetime broker if you spend the appropriate time and research to choose a broker, your chances of making money as an investor are much greater.

[vsplusonline]

Builders should offer discounts to sell units worth Rs 66,000 crore amid COVID-19 outbreak : Anarock

New Post has been published on https://apzweb.com/builders-should-offer-discounts-to-sell-units-worth-rs-66000-crore-amid-covid-19-outbreak-anarock-2/

Builders should offer discounts to sell units worth Rs 66,000 crore amid COVID-19 outbreak : Anarock

Property brokerage firm Anarock on Friday said cash-starved builders are sitting on ready-to-move-in housing units worth Rs 66,000 crore across seven cities and asked them to offer discounts to clear their finished unsold stocks during the ongoing coronavirus pandemic.

According to Anarock, there were 78,000 unsold ready-to-move-in flats at the end of March quarter across seven cities namely Delhi-NCR, Mumbai Metropolitan Region(MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune. These units are worth about Rs 65,950 crore.

“Developers need to take a call on what they want to do with their unsold inventory, depending on their holding capacity and financial distress, if any,” Anarock Chairman Anuj Puri told PTI.

“Organized developers with strong balance sheets are less apt to offer discounts, but those which need liquidity urgently will need to consider their options. These would include discounted prices and other incentives,” he added.

The unsold ready-to-move-in units contribute 12 per cent of the total unsold stocks of over 6.44 lakh units. The remaining 88 per cent are under construction.

Puri also advised first time homebuyers to negotiate hard with builders and get a good deal on ready-to-move-in apartments. He said interest rates on home loans are low at 7.15-7.8 per cent.

“The lockdown period has kick-started rapid technology-led evolution on the Indian real estate market,” said Puri.

“Some states are now also mulling the introduction of e-registration of property documents, thereby completing the entire value chain. This is necessary since physical site visits are unlikely to pick up quickly even after the lockdown ends, as both buyers and sellers will remain wary,” he added.

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[cakandivali]

Housing prices up 7%, sales down 28%, supply dips 64% in last five years: Anarock

Latest Updates - CA Mitesh Housing prices rose by a modest 7 per cent in seven major cities during the past five years, while sales and new supply have declined 28 per cent and 64 per cent, respectively, according to brokerage firm Anarock.In its analysis of the performance of the real estate sector in the past five years of the current central government, Anarock founder and Chairman Anuj Puri said many steps were taken to reform and improve the image of the Indian real estate sector.Measures such as demonetisation, new realty law RERA and GST did cause some pain for the sector in short term but would prove beneficial in the long run, he added.On operation performance of the housing segment, Puri said the prices in primary markets have seen more of a "time correction" rather than a price correction, with average prices across top-seven cities seeing a meagre 7 per cent increase in the past five years."Considering inflation (assuming seven per cent a year), all cities will have seen negative price trends in the last five years," he added.These seven cities are Delhi-NCR, Mumbai Metropolitan Region, Chennai, Kolkata, Bengaluru, Hyderabad and Pune.The supply of new housing units reduced by 64 per cent in the past five years – from 5.45 lakh units in 2014 to 1.95 lakh units in 2018.Housing sales were also slow, dropping by 28 per cent during the same period – from 3.43 lakh units in 2014 to 2.48 units last year."Like it or lump it, but (Prime Minister Narendra) Modi's victory in 2014 ushered a new era in Indian real estate – starkly marked by his vision to set the 'house' in order and alter the scarred face of an unorganised sector beset by unscrupulous activities," Puri said.Prime Minister Narendra Modi "tightened the Centre's grip on real estate – previously the largest dump-yard for black money hoarders – and introduced big-bang schemes to benefit consumers", he said.Puri said the government set the stage for the real estate sector in the long term through major policy overhauls and initiatives like 100 smart cities and Housing For All by 2022.The chairman of Anarock said demonetisation, realty law RERA and the GST brought about a paradigm shift in the way the Indian real estate does business and laid the groundwork for improved transparency and efficiency in the sector."The measures he took to achieve this did have short-term negative impacts, but nobody can argue that this is a case where short-term pain is necessary for the sake of long-term gain," he added.However, Puri felt that the on-ground implementation for most of these initiatives could have been better to achieve more even in these five years. Chartered Accountant For consultng. Contact Us: http://bit.ly/bombay-ca

[lookoutprop-blog]

Why ready to occupy home is the best choice?

In this fast-paced world, most of them don’t have the patience to pay the advance for a project and then wait for months or even years for the construction to be completed and then move in. If they’ve decided to buy an apartment or a flat, they want to own it as early as possible. This has brought about a new trend in the realty market – Ready to Occupy Apartments!

There can be a lot of delays in a project under construction because of beauracratic issues or problems with approvals. There could also be delays because the construction did not go according to plan. Sometimes, the completed project layout may not be similar to what was planned in the beginning. It can be very annoying for buyers who have invested so much money on the house. After the construction is completed, the buyers will also not be in a position to make any changes or remodel the house. So, they have no other option but to go ahead and take up the house. It can be very disappointing for the purchaser. It is because of all these reasons that many of the new generation buyers prefer to go for completed apartments rather than under construction projects.

Market survey shows that there is a rising demand for ready-to-occupy apartments in most of the cities, especially in the metropolitan cities. Devinder Gupta of DGS Realtors commented on the situation,” Unlike in the past, the current crop of customers is very smart and they ensure that their investments are safe and productive. Thus, they make thorough checks on the realty firms before taking the final call. They even inspect past projects of builders. While they prefer ready-to occupy houses, they may settle even for those projects where work is on, if they are satisfied about the antecedents of the builder and the promised quality and amenities of the project.”

An officer in a realty brokerage firm in Delhi area said, “We have noticed that a majority of the potential customers are locals, which underlines the changing mindset in the NCR to reside in flats which was a no-go area in the past.”

Many of the realtors and developers believe that first time buyers and investors opt for ready to occupy flats as they are more convenient for them. This is true especially for those who have migrated to the cities in search of work and then decided to settle down here. If you compare the expenses that occur while renting or leasing a house and the amount of advance to be paid, it is almost the same as the monthly EMI on a new house. Moreover, the buyers will have an asset and a comfortable place to live in. Also, if you buying a home from under construction project and you are residing in any of the rental homes in Chennai then you will be in a situation to pay your monthly EMI for home loan as well your monthly rental fare. So, all these factors have increased the need and popularity of ready to occupy apartments.