Young Professionals Dive into Goa’s Real Estate Market for Lucrative Villa Investments
Synopsis: Goa’s real estate market is witnessing a surge in investment from young professionals, particularly in villa properties. Attractive rental yields (5-8%) and rising property values (22% YoY in prime locations) drive this trend. Goa’s relaxed lifestyle and remote work opportunities further enhance its appeal to young investors. Panaji, Goa
Is India’s real estate sector witnessing unprecedented growth among wealthy Indians and NRIs?
India’s real estate sector is indeed experiencing notable growth, particularly among wealthy Indians and Non-Resident Indians (NRIs), driven by several factors. Firstly, there has been a resurgence in demand for high-end residential properties, especially in metropolitan cities like Mumbai, Delhi, Bangalore, and Hyderabad. Wealthy individuals, including business leaders and professionals,
Over 1,200 Illegal Structures Razed in Lucknow’s Akbarnagar
In a significant crackdown on unauthorized construction, authorities in Lucknow have demolished over 1,200 illegal structures in the Akbarnagar area. This large-scale operation is part of a broader effort to enforce urban planning regulations and ensure orderly development in the city. The article details the demolition drive and its implications
General Atlantic and Asia Opportunities V to Sell 4% Stake Worth Rs 830 Crore in PNB Housing Finance
General Atlantic and Värde Partners’ Asia Opportunities V fund are set to sell a 4% stake in PNB Housing Finance, valued at Rs 830 crore. This divestment is part of a broader strategy to rebalance their investment portfolios. The article explores the details of the sale and its potential impact
Nisus Finance Invests Rs 155 Crore in Affordable Housing Project in Surat
Nisus Finance has invested Rs 155 crore in an affordable housing project in Surat. This investment is aimed at boosting the development of affordable housing in the rapidly growing city, addressing the housing needs of middle and lower-income groups. The article explores the details of the investment and its expected
Dharavi Redevelopment Project Seeks 15 Acres of Land in BKC from MMRDA on Lease for Five Years
The Dharavi redevelopment project has requested 15 acres of land in Bandra Kurla Complex (BKC) from the Mumbai Metropolitan Region Development Authority (MMRDA) on a five-year lease. This land is intended to serve as a temporary relocation site for residents and businesses displaced during the redevelopment of one of Asia’s
Property Registrations in Maharashtra Rise Amid Unchanged RR Rates
Property registrations in Maharashtra have seen a significant increase, driven by unchanged Ready Reckoner (RR) rates. The steady RR rates have provided stability and predictability, encouraging more transactions in the real estate market. This article examines the factors behind the rise in property registrations and the implications for the state’s
YEIDA May Partially Cancel Land Allotments to ATS Realty & Supertech Township Project
The Yamuna Expressway Industrial Development Authority (YEIDA) is considering the partial cancellation of land allotments to ATS Realty and Supertech Township project. This move comes amid allegations of non-compliance with development norms and delays in project execution. The article details the reasons behind YEIDA’s decision, the potential impacts on the
China’s Property Measures Give Sales a Boost, But Only in Big Cities
China’s recent property measures have led to a boost in real estate sales, but the impact is predominantly seen in the major cities. These measures, designed to stabilize the housing market and stimulate economic growth, have been less effective in smaller cities. The article delves into the specifics of the
CCI Approves Godrej Group’s Internal Restructuring
The Competition Commission of India (CCI) has approved the internal restructuring of the Godrej Group. This restructuring aims to streamline operations and enhance efficiency within the conglomerate, which has interests in diverse sectors such as real estate, consumer goods, and agriculture. The article provides details of the restructuring plan and
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