Real Estate Sector News Real Estate Property News, Market & Policy
Positive financial indicators, together with stock market restoration and job alternatives, sign heightened demand in housing societies and commercial property. A pivotal shift in 2023 noticed NRI traders redirecting focus from residential to Grade A industrial real estate, with an expected 9.2% CAGR growth Real Estate News between 2023 and 2028. Higher-value property registrations and an augmented stamp responsibility price are noted as contributing components. Knight Frank India, a real estate consulting firm, provided insights into the rising share of registrations for properties valued at Rs 1 crore and above.
- In February last yr, 9,684 units were registered, real estate consultant Knight Frank India stated, which sourced the info from the Maharashtra government.
- As per govt pointers, taxpayers can avail of this waiver by settling their total tax dues by March 31.
- Despite limited new supply within the first nine months, wholesome demand for modern warehouses from third-party logistics and FMCG continues.
- Due to higher commuter connections, these suburbs have first rate access to the remainder of the city and have turn out to be a preferred selection for householders.
timesproperty About Mukesh Ambani Mukesh Ambani, the chairman and managing director of Reliance Industries Limited, is certainly one of the richest people on the planet.