Pradhan Mantri Awas Yojana CLSS Scheme for MIG Families is Now Extended
You have always dreamt of a home of your own if you do not have one. It is not a luxury; it is your basic necessity. Your own home provides you with a security of a roof over your head, and your freedom from rented houses and the feeling of societal aloofness. For a lot…
NK Realtors
Why It is Prudent to Invest in Real Estate in Hyderabad Now
Investment in real estate never fails to offer a handsome return in India. However, the returns are divergent across states, localities, and zones as growth potential varies. Financial returns in real estate investment are dependent on infrastructure growth, government policies, urban migration, and a plethora of factors. Hyderabad is currently on a fast growth trajectory…
How Telangana RERA Will Change the Real Estate Industry in Hyderabad
The Telangana state government notified the RERA registration rules for the state, in which separate processes will be applied for project registrations and agents. The state has also expressed its interest in constituting a regulatory authority, which will have the responsibility of monitoring RERA registrations, as well as buyer-seller disputes, in line with the central…
Is Positive Sentiment Driving the Growth of Premium Residential Segment in Kolkata?
When a Kolkata-based businessman, Prakash Arora, decided to shift from his old home in Hazra and get a new apartment for his family, he wanted nothing but the best. While driving back home from his ‘posh’ South Kolkata office one day, he saw an advertising hoarding for a premium residential project coming up along the…
Can ‘Reverse Mortgage’ Become More Popular in India in Future?
72-year-old Asit Sen and his wife, 68, live in a house he owns in Manicktala. That’s the only asset the couple has. A former employee of the local post office, Mr. Sen lives off his meagre pension but with his wife’s illness, things are getting difficult to manage. Their son, who lives in Australia barely…
What are the Effects of RERA after Three Months of Implementation?
Real Estate (Regulation & Development) Act (RERA), 2016, India’s big-bang real estate reform, became effective from May 1, 2017. Every real estate project (either above 500 sq. mt. or 8 apartments), new or ongoing, is to be sold or advertised by the builder falls under the ambit of this new regulation. The new act…
Why is BT Road Fast Turning into a Hot Location for Home Buyers?
Kolkata appears to have come out of the hangover of long time underdevelopment, and the city is fast coming alive to much-improved facilities, cleanliness and urban infrastructure. One such stretch is B T Road which was somewhat neglected by the home-buyers for a long time has now become a highly preferred location for owning a…
Kolkata Property Market is Upbeat, Bookings Increasing
Kolkata property market has left the sluggishness of Jan-March quarter and saw a substantial increase in buyers’ interest and bookings in Apr-Jun quarter. It is also expected that the trend will be positive with interest rate reduction announced by the RBI. Property sales in Kolkata were somewhat sluggish in the last quarter of the financial year…
What Are Some Selected Areas for Low Budget Properties in Kolkata for Investment?
After gold, if there’s any other form of investment that guarantees returns, it is real estate. Despite economic reforms, global crisis and meltdowns, the search for a perfect home by realty end users seem to be quite palpable in various parts of India including Kolkata. Keeping this trend in view, Kolkata real estate developers are…