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Residential House buying. House keys on a housing plan with green and red model houses.
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It is no secret that ready-possession projects or projects nearing completion are costlier than under-construction projects. Nevertheless, many buyers are eager to acquire property on an immediate basis rather than waiting. There are sound reasons behind such a decision:

Public Policy gst (2)
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The Goods and Services Tax (GST) is the most radical taxation reform that is set to alter India’s economic prospects. A single indirect tax, encompassing all goods and services, is surely a welcome change.

Office real estate planning smart city
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The latest JLL research report ‘Indian real estate: Comprehending the varying speeds of growth’ tracks the journey of different asset classes from 2004 to 2015. Let’s discuss the key trends emerging in the office market:

Office real estate construction (5)
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The current market dynamics have served the purpose of bringing about a renaissance in the Indian real estate sector. Realistic retail and commercial spaces which are in tune with actual market demand dynamics are now becoming a reality. In the residential space, developers who had previously focused largely on luxury spaces for the cash-rich IT/ITeS and HNI buyer segments have begun launching housing projects for the common man.

Public Policy CII jll report banner
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Leading international property consultancy JLL India released its latest research report on the Indian real estate industry at the annual CII Realty & Infrastructure Conclave in Mumbai. The report, entitled ‘Indian Real Estate: Coming To Terms With Varying Speeds of Growth’ was unveiled during the packed event, attended by the A List of the Indian real estate fraternity, at Taj Mahal Palace Mumbai.

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Affordable Housing
6 Bangalore: Should You Buy A Home In The Next Six Months?

During the first quarter of 2015, two significant market movements have been observed in Bangalore’s real estate market – an increase in new launches as well as a rise in the net absorption of units. While 13,400 units were newly launched in 1Q 2015, the corresponding figure stood at 11,170 units in 1Q 2014. The city also saw a net absorption rate of 8,310 units in the first quarter of 2015 compared to 7,210 units observed in the corresponding quarter of 2014, which is an increase of 15% in total sales y-o-y. For the same time period though, the overall absorption rate stood lower at 10% in the 1Q 2015 as compared to 11% in 1Q 2014.