The COVID-19 pandemic changed the course of many things, and the real estate market was no exception. Real estate trends and consumer behaviour in finding a place to live are seeing new demands that were less prevalent prior to the pandemic. Since almost two years were spent indoors, ‘home’ has been redefined like never before. […]
Real Estate Deconstructed
What is RERA (Real Estate Regulatory Authority Act)?
In order to ensure effective and transparent commercial transactions in the real estate sector, the Indian government passed the Real Estate Regulatory Authority (RERA) Act in March 2016, which is a real estate regulatory act. Developers, buyers, real estate agents, and other real estate sector stakeholders’ interests are all protected under the RERA act. RERA’s […]
Budget 2023-24: Affordable Housing for All
The Union Budget 2023 will lay the roadmap for India’s growth momentum at a time when most of the world is looking at the recession and a steep drop in economic growth. The Nirmala Sitharaman Union Budget is also crucial because it is the current Central government’s last budget for the financial year ahead of […]
The Millennial Approach to Future Homebuying
Authored By Mr. Lalit Makhijani, Chief Marketing Officer, Godrej Properties Limited (GPL). Careless and carefree, so they have been called – The generation that adapts the fastest with the ever-evolving technology. I remember reading a report where Morgan Stanley estimated millennials to comprise 36% of India’s total population by 2020. That is a lot of decision-making […]