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PropertyPistol Insight Team

Senior Content Writer

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Mumbai Trans Harbour Link may debut in November 2023.

According to Maharashtra Chief Minister Eknath Shinde, the Mumbai Trans Harbour Link (MTHL) would be accessible to the general public in November 2023, with 90% of the civil construction completed. The MTHL, a six-lane road bridge, connects Sewri and Chirle in around 15-20 minutes.… Read more

What exactly is enemy property?

Following the 1962 Indo-China conflict and the 1965 and 1971 India-Pakistan wars, the Indian government assumed ownership of movable and immovable properties left behind by those who fled India following the wars. These properties, which are dispersed throughout various Indian states, are regarded as enemy properties.… Read more

Rising housing prices and rental costs in India pose a new inflationary concern.

Rising property prices and rental rates in major Indian cities may provide a tough opportunity to the country’s central bank in its fight against inflation, economists warn, even if apparent consumer price increases have largely peaked.… Read more

Maryada Purshottam Sriram Airport in Ayodhya: Facts!

The Airports Authority of India (AAI) said on December 21, 2022 that more than half of the construction on the future Ayodhya Airport has been done, and the ‘design marvel’ might be finished by June 2023.… Read more

India’s super-rich like to store their money in high towers, farms, and vacation homes: Sotheby’s

Farmhouses are often built on one to two acres of land and have an area of 4,000 square feet or more. Real estate is an appealing investment choice for high and ultra-high net worth professionals, with 61% planning to invest in property in 2023-24.… Read more

High net worth investors are driving up Dubai home prices.

According to a LUHABITAT Sotheby’s International Realty examination of Dubai Land Department statistics, ultra-high net-worth investors in desirable neighbourhoods have more than quadrupled average apartment prices. In the fourth quarter of 2022, Dubai’s premier residential market saw deals worth more over AED30 billion.… Read more

Despite the global downturn, the Indian real estate sector is thriving, according to experts.

Despite the fact that global housing industry is in a recession, real estate consultants predict that 2023 will be a year of expansion and progress for the Indian market, thanks largely to the economy’s resilience and significant end-user residential demand.… Read more

In 2022, Dubai announces record-breaking real estate sales of half a trillion dirhams.

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In 2022, Dubai’s annual real estate transactions will surpass half a trillion dirhams for the first time. In 2022, the industry had transactions at a record Dh528 billion, a 76.5 percent increase over 2021.… Read more

Budget 2023: The government is anticipated to prioritise rural development and infrastructure development.

The next Union Budget 2023 will prioritise infrastructure and rural development as the government seeks to enhance long-term growth while focusing on budgetary reduction.… Read more

INDIA ON THE RISE: INFRASTRUCTURE DRIVERS FOR THE NEXT DECADE

India is on the verge of expansion, with the infrastructure sector playing an important part in the country’s economic prosperity. The administration has prioritised the implementation of measures that would enable the countries develop of world-class infrastructure. The sector encourages the expansion of associated industries such as townships, housing, construction, and building development projects, acting as a driver for economic growth. The infrastructure industry in India is expected to increase at an 8.2% CAGR by 2027. The Government has also earmarked INR 10 Lakh rupees in the Union Budget 2022-23, indicating the need for significant sector improvement.… Read more

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