Articles
Luxury Segment Bouncing Back Fast
The luxury housing sector has several amenities and those who will afford them can realize their investment-worthy. According to a recent Anarock report, the pandemic has considerably altered antecedently dominant trends within the Indian residential market.
Tech-savvy consumers
Tech-loving as they’re, young consumers, wish to expertise touchless, high-tech options within their homes too. Everything that elevates their living standards and exudes a sense of sophistication and class, is on the microwave radar of young millennials these days.
Spacious homes
Amit Goyal, CEO, Asian country Sotheby’s International material possession value-added that one in every one of the key reasons isn’t that folks wish larger homes, however higher homes.
“People have begun to upgrade not from the angle of the area, but additionally proximity to their geographic point, amenities, ecosystems, etc. Recreational activities became vital post internment,” he says.
Luxury sales maintained their pace despite the pandemic, chiefly as a result of this buyer-class wasn’t as affected as different budget classes.
Structural shift
With the Covid-19 pandemic, the requirement for home grew manifold. Gradually, as individuals started outlay longer inside and with the current work-from-home development, customers powerfully felt the urge to upgrade.
courtesy: Times property.com
Articles
Ways To Safeguard Your Plot
Buying a plot of land at a premium location can prove to be a rewarding investment. But how do you protect it from encroachment and other property-related disputes? Here’s what you need to consider
With land getting scarce and appreciating over time, it is prudent to protect your asset. If your plot is a considerable distance away from where you presently live, it will be somewhat difficult to keep an eye on any kind of illegal intrusion. However, there are some ways to keep encroachment at bay.
Hire Legal Experts
Before you purchase any property, make sure you seek legal advice. Legal experts can verify if the land is free from all encumbrances. Besides this, they will validate the owner’s details and ensure that all the necessary documents are in place for the plot purchase
Mutation Entry In Revenue Record
After acquiring the plot of land, ensure that the revenue record mutations are done in your favor. The document can be collected from the revenue office within six months of the property acquisition.
Enlist A Caretaker
A caretaker can be placed in charge of the security and maintenance of the land.
Frequently Visit The Property
Try and visit the property as often as possible. In case you are unable to make regular trips, hire a reputed concierge service that can manage and supervise your property.
Demarcate The Boundary
One of the most effective ways to prevent encroachment on your land is to physically mark the boundary. A barbed-wire fence is one of the cheaper options and is a great way to keep animals from wandering onto your land.
courtesy: Times Property.com
Articles
Why Buyers Invest In Gurgaon?
Gurgaon, the land of Guru Dronacharya of Indian Epic Mahabharta, is these days the sixth-largest city in Haryana. it’s become an important industrial and financial center of Haryana.
it’s one among Delhi’s four major satellite cities and is an element of the National Capital Region of India.
Over the past 10 years city has undergone fast development and construction. A wave of multinational corporations selected to find their decision centers in Gurgaon. The city which has acquired the name of ‘Millennium City’ over the years can even be known as the decision center capital of the world.
Real Estate, automobile, retail, and banking area unit are alternative major industries. Gurgaon additionally contains a major producing trade. Car manufacturing facilities embody India’s largest passenger car company, Maruti Suzuki. Hero Honda, the motorcycle company relies on Gurgaon. Retail is another massive trade in Gurgaon, wherever there area unit 43 malls, as well as the largest Mall of India, giving Gurgaon the 3rd highest number of malls in AN Indian city. It contributes over 50% of Haryana’s income tax revenues along with Faridabad. Today, Gurgaon is regarded as the best city in India to work in and the best city in India to live in.
Favorable tax policy by the Haryana government, the construction of buildings by private companies, improvement in the city’s infrastructure by Haryana Urban Development Authority, and its proximity to Indira Gandhi International Airport saw the emergence of Gurgaon as one of the most prominent outsourcing and offshoring hubs in the world.
Courtesy:- Gurgaon Mail (February 7, 2022)
Articles
The Role Of Real Estate In A Green Future
Several parameters track the property of the important estate sector, and one such issue is ESG. Is Indian real estate in compliance?
According to a Deloitte report released in August 2021, ‘Rapid reductions in emissions in India and across the world, starting currently and continued through this next critical decade, provide some way forward to a low-emission future.
The report conjointly states, ‘India’s future is bright in an exceedingly decarbonized world that keeps warming among 1.5 degrees Celsius of pre-industrial levels.’ Moreover, the importance of property living and limiting our carbon emissions was reiterated throughout the COP26 conference in 2021.
One will so deduct that keeping our carbon emissions under control is helpful for our health and safety and our pockets too. The surroundings, Social and Governance (ESG) parameter maybe thanks to setting foot during this direction.
“Environmental criteria think about however an organization performs as a steward of nature. Social criteria examine however it manages relationships with workers, suppliers, customers, and also the communities wherever it operates. Governance deals with a company’s leadership, government pay, audits, internal controls, and shareowner rights,” explains R Kumar, director, energy and property, JLL India.