Real Estate Sector Latest News, Updates & Insights - PropertyPistol Blog

Real Estate News

November 29, 2022

How may a complaint be made under RERA?

Domestic consumers are confident that the new legislation will protect their interests following the Real Estate (Regulation and Development) Act’s (RERA) adoption. But whether or not people are aware of how to file a complaint or report a situation following the new RERA regulations is a moot point. A complaint made following the RERA must follow the format required by the laws of the relevant state. The grievance may be submitted following an assignment registered under RERA, within the allotted period, for infringement or disobedience of the act’s requirements as well as any rules or regulations formulated under RERA.… Read more

November 29, 2022

by PropertyPistol Insight Team

Real Estate Realty Guide

Godrej Properties adds a 50-acre residential development, in Manor, Palghar!

Godrej Properties Ltd. has announced that it has reached a deal to purchase a land lot outright in the rapidly expanding micro market of Manor, Palghar. The proposed assignment, which spans 50 acres, is expected to include 1.2 million rectangular feet of saleable space that are typically made up of residential plotted improvements.… Read more

November 29, 2022

by PropertyPistol Insight Team

Real Estate

Residential sector likely to end 2022 on a high note!

According to a report from CBRE, a commercial real estate solutions, and finance organization, the year 2022 is likely to end on a high note for the residential sector as a result of a constant trajectory fueled by strong homebuyer sentiments. In Q3 of 2022, the file said that up to 76,000 devices were on offer and 85,000 were distributed. Income increased by 50% year over year (y-o-y), even if this increase was insignificant quarterly. The report also stated that there was an annual growth of 68 percent and a quarterly growth of 11 percent in the number of unit launches.… Read more

November 29, 2022

by PropertyPistol Insight Team

Technology

India has built its own ‘Google map’ to speed up infra projects!

We frequently see freshly constructed roadways that have been dug out to fully enclose brand-new pipes. One reason for this is the absence of centralized data that might guide such projects and allow us to include the pipes as soon as the roads are constructed. A delay in centralized infrastructure projects after road construction is another common difficulty. To solve these problems, the Indian government has given you access to a brand-new virtual tool that is colloquially known as “India’s Google Map Infrastructure Development.” It is officially known as the PM Gati Shakti National Master Plan for Connectivity, which is a virtual tool to help the government solve these issues.… Read more

November 29, 2022

by PropertyPistol Insight Team

Locality Overview

The Best Investment Hotspots in Gurgaon!

Sector 49

Sector forty-nine contains a large number of residential apartments and independent floors and is situated along the Gurgaon-Sohna Road. Developers like Omaxe, Eros Group, and Vatika Group contribute to the housing supply in the area, with common asset costs rising. Within the last year, domestic values have increased by almost 8% YoY. … Read more

November 29, 2022

by PropertyPistol Insight Team

India Real Estate

Everything about ‘setbacks’ in residential buildings!

If a non-expert in the field of home construction were to describe structure setbacks, they would say that it is the minimal amount of open space that must be kept around a building. Any building’s construction must follow a specified setback distance that the government has prescribed. Throughout the whole creative process, this separation should be kept constant. The brand-new creation website online and any existing systems in the region have to have a good deal of space between them. This separation must be kept to prevent the shape from being too close to any nearby roads, waterways, or other structures.… Read more

November 29, 2022

by PropertyPistol Insight Team

Dubai Dubai Realty Real Estate Residential UAE

Report: UAE records unprecedented growth in residential real estate

According to data provided by ZāZEN Properties, Dubai has set a 12-year high within the 0.33 sector in terms of the volume and price of the sale of off-the-plan and secondary properties. In the first half of this year, Dubai’s off-plan market had a 133% surge, and in the third quarter of 2022, 25,456 revenue transactions of AED69.72 billion were recorded. As the Qatar World Cup 2022 approaches, it is believed that the event will have a significant impact on the UAE’s residential real estate market. … Read more

November 29, 2022

by PropertyPistol Insight Team

India News Real Estate

Chintels Paradiso: Will there be another demolition?

Less than three months after the destruction of the Supertech Twin Towers in Noida Sector- 93 A, the National Capital Region (NCR) was jolted by another similar incidence of razing a tower of a housing complex in Gurgaon. This time, the Chintels Paradiso project in Gurgaon’s Sector-109 came under scrutiny for a terrible occurrence in February 2022, demonstrating the significance of building quality. A subsequent inquiry following the catastrophe blamed the developer and contractors. Here’s a case study on the analyzed period that highlights the motivators for it and why it should serve as a lesson to the real estate sector.… Read more

November 29, 2022

by PropertyPistol Insight Team

India Infrastructure

Everything you need to know about Sabarimala International Airport.

Sabarigiri Airport, also known as Sabarimala International Airport or Kottayam International Airport, is a proposed airport in Kerala’s Erumely district. The development will be located on 2,263 acres of land in Cheruvally Estate in Manimala Panchayat, Kanjirappally Taluk. It is on the path to the Sabarimala Temple, a popular pilgrimage place in India. Furthermore, it is around 140 kilometres from the state capital of Thiruvananthapuram and approximately 110 kilometres from Kochi.… Read more

November 29, 2022

by PropertyPistol Insight Team

India Real Estate Realty Guide

In India, Fire Security Requirements Apply To High-Rise Residential Structures.

With the growth in construction activity in India, particularly in high-rise structures, the occurrences of fire breakouts have also grown significantly. The big fire disaster at a multi-story hotel in Karol Bagh earlier this year, followed by widespread fire mishaps in Mumbai, Kolkata, Chennai, and Surat, are just a few examples of incidents that highlight the fire safety problems in high-rise structures across the country.… Read more

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How may a complaint be made under RERA?

Godrej Properties adds a 50-acre residential development, in Manor, Palghar!

Residential sector likely to end 2022 on a high note!

India has built its own ‘Google map’ to speed up infra projects!

The Best Investment Hotspots in Gurgaon!

Everything about ‘setbacks’ in residential buildings!

Report: UAE records unprecedented growth in residential real estate

Chintels Paradiso: Will there be another demolition?

Everything you need to know about Sabarimala International Airport.

In India, Fire Security Requirements Apply To High-Rise Residential Structures.

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