Luxury Apartments in Mumbai

On 1st May 2016, the Real Estate (Regulation and Development) Act was introduced with 60 out of 92 sections in force. It fully came into effect on May 1, 2017, with an aim to create a new era of an organized real estate sector in India. In May, 2019, RERA has completed two years and it has turned out to be an important policy initiative. Reliable names of the real sector like that of Vinod Goenka , have expressed many a times that it has changed the way business is executed in the real estate sector. Before RERA came to the scene, there was absolutely no real estate regulator in the country and due to this, a lot of builders used to take home-buyers for a ride. This resulted in delays in delivery and deficiency in services and home buyers left with absolutely no point of relief to get their grievances addressed. The real estate industry has needed a regulatory body for quite some time now and the concept of RERA Certified Property has finally come into existence. The biggest su...

The union budget of 2019-20 came out and along with it, an array of expectations for the future. The Union Budget 2019 is a very encouraging and favourable budget for real estate industry. First time Finance Minister Nirmala Sitharaman presented her maiden Union Budget for 2019-2020 in the Parliament in the month of July. Every year the Union Budget is awaited with a lot of expectations by all stakeholders. The real estate industry has been going through a rough patch recently because of GST, high property acquisition costs, decline in demand for residential units, high interest rates on loans, liquidity crisis, the absence of a systematic and mature market, flighty developers, corruption etc. Jay Goenka , a reputed real estate company and other seasoned developers along with buyers hope that the 2019-2020 Union Budget will introduce reforms like tax sops and correction in prices which will benefit and stabilise the industry. According to India Brand Equity Foundation the sector...

When you are planning to invest in a home, you need to be very clear in your mind about various house/apartment types, your budget and the reputation of the builder. You can’t just be in dilemma and make a sound decision. Many times, home buyers get confused given the variety of options. This immensely affects their home-buying decision. Consequently, they end up making the wrong choices which become a cause of their worry in the long run. So how do you think, as a home buyer, you can save yourself from such situations? One method is to look for the best industry expert and seek his or her advice.  However, this doesn’t always work in your favour. Investing your time in researching about the options you have, taking into consideration your financial situation besides other factors that influence your home buying decision, directly or indirectly is also a great way to deal with this. To help you begin, we have our comprehensive guide for you, which will discuss the advantag...