Is Human Interaction Becoming Less Valuable for Property Buyers?
Ajanta and Sarthak are a young couple, living in a rented apartment in South Kolkata. While they both want to have a home they can call their ‘own’, the biggest challenge for them is: Time. Ajanta is a freelance web designer who works with clients across several time-zones. Sarthak, on the other hand, is the…
NK Realtors
Kolkata Property Market is Marginally Upward, Shrugs off Disruption
For Kolkata property market, 2016-17 and 2017-18 can surely be termed as the years of disruption. Because of regulatory policy changes, the real estate industry in India had to adjust to the new environment in these years. Demonetization, GST and the on-going RERA implementation created widespread apprehension about the industry. Although Kolkata property market was…
Can Affordable Housing in India Be Really a Game Changer?
It was a cold night. Rina was not ready, although her husband Ashoke was pestering her for some time. The dinner done, she wanted to go under the blanket as fast as possible. Ashoke was somewhat adamant. There was little opportunity for them to talk about it in the morning. They are working in the…
How Should You Choose Your Banker for Availing Home Loan?
Moving into one’s dream home is indeed a dream for many, but buying a home is no less a daunting task. There are several aspects to be considered, starting from choosing the property, completing the documentation, and finally getting the home financed. Home loan, in recent times, is a boon for home buyers. However, there…
From the City of Joy to the City of Pearls: Vandanaalu Hyderabad!
At NK Realtors — one of the most trusted names in real estate in Kolkata — we are pleased to announce that we are branching out to a second location in order to put our competitive advantages to better use for reaching newer milestones. With an experience of 30 years in the real estate, we…
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…
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…
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…