Real Estate News

Real estate sees pan-India rental demand rising 29% this year!

According to the Magicbricks Rental Index for Q3, 2022, the combined condo demand (searches) increased by a factor of 29 percent year over year, while the average rent across India increased by a factor of 5.2 % zone over the zone. The most significant growth was seen in Bengaluru (7.3%), Mumbai (6.6%), Greater Noida (6.3%), and Hyderabad (5.2%), according to the Pan-India common rents, which increased by 5.2 percentage points QoQ.

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All About Parandur Airport, Chennai

In the Kancheepuram district’s Parandur, not far from Sriperumbudur, will be built Chennai’s second Greenfield airport. The region was decided upon by the Union Minister of State for Civil Aviation, VK Singh, who announced it on Monday in response to a query posed by Kanimozhi NVN Somu of the DMK in the Rajya Sabha.

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All About Chambal Expressway, Atal Pragati Path

A four-lane road that connects the three states of Madhya Pradesh, Uttar Pradesh, and Rajasthan is the projected Chambal Expressway. The Chambal River inspired the name of this toll road because it would follow the river’s course. Initiated in 2017, it gained traction once it was decided that the project will be a part of the Bharatmala Pariyojana (BMP) Phase-other I’s imposing street and roads assignment. The proposed Chambal Expressway, also known as the Atal Pragati Path, would pass through five districts in Madhya Pradesh, Rajasthan, and Uttar Pradesh. It would start from Kota in Rajasthan and travel to Etawah in Uttar Pradesh via the Sheopur and Morena districts of Madhya Pradesh. The cost of the planned motorway is around Rs 9,000 crores.

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One of India’s most pricey real estate markets-Bengaluru

According to a report, Bengaluru is the fourth most expensive residential market in the nation. The town’s affordability index now stands at 28 percentage points in the 0.33 sector of CY22, down from 26 percentage points in 2021.

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News: India’s highway construction slows down

According to data from the Ministry of Road Transport and Roadways, as reported by Mint, just 3,559 km of highways had been constructed as of September, compared to the yearly objective of 1,2 hundred kilometers within the current fiscal year (FY23). Only one-fourth of the target has been reached, which is less than the 3,824 km that were constructed up to September in pandemic-stricken 2021.

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Why Is Nehru Place Such A Desirable Investment Location In Delhi?

Despite its popularity as an employment zone, Nehru Place has attracted buyers for its residential stock as a result of its smooth connection and overall development. Nehru Place, located in the posh South Delhi market, is a popular residential alternative for individuals who do not want to commute far around the city to get to work because it is immediately off the Outer Ring Road. Here are some of the advantages why you should invest at Nehru Place, with metro and bus connections running through it.

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What Exactly Is A Raw Flat?

Purchasing a new home is a goal that many individuals strive towards. They hunt for various types of residential homes in their search for the perfect house. In comparison to semi-furnished and completely furnished flats, bare flats are frequently the most cheap alternative for house searchers. But why is that? Continue reading to learn:

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What Is The Best Way To Sell An SRA Flat In Mumbai?

In 1995, the Maharashtra government initiated a slum restoration programme. The scheme’s goal was to address slum housing issues and give decent housing to the needy in Mumbai. Under this programme, the Slum Rehabilitation Authority (SRA) was established to engage on slum reconstruction.

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What Are India’s Tier I, II, III, And IV Cities?

On the categorisation of cities, there are two schools of thinking. One classification is established on population and economic enterprise, while the other is based on urban, rural, and semi-urban landscapes. Here’s a closer look at India’s tier I and tier II city classifications:

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All You Need To Learn About Navi Mumbai International Airport

The Navi Mumbai International Airport, presently named as the Loknete DB Patil Navi Mumbai International Airport, is a project currently under development by the Navi Mumbai International Airport Limited (NMIAL). The megaproject is divided into four sections and is expected to handle more than 60 million passengers per year. Continue reading to learn everything there is to know about the evolution.

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