Author: PropertyXpo

Real estate sector’s three traditional segments—commercial, residential and retail—face different challenges and offer different opportunities. Recently, two new sub-segments of co-working and co-living spaces have emerged. According to a joint report released by JLL-FICCI, the co-working market already accounts for 12% of the office leasing market in the first quarter of calendar year 2019, up from 8% in 2018. Co-living, too, offers two to four times higher returns than the traditional residential yield of 2-3%, indicating that both these segments Continue Reading

According to a Knight Frank report, Delhi has ranked 10th globally in price movement of luxury housing properties. The capital region, by virtue of its limited supply of luxury properties, saw a 4.4 percent rise in weighted average of capital values, which were recorded at Rs 33,511 per square feet. However, New Delhi has slipped three places in the overall ranking during the quarter from 7th position in the first quarter to 10th position. Bengaluru, with a price rise of Continue Reading

As soon as the news of Article 35A’s retraction poured in, now allowing non-native residents to buy property in Jammu & Kashmir (J&K), fake advertisements began flooding social networking platforms and real-estate websites. Netizens have warned each other from falling prey to such messages. Earlier, Article 35A gave the state government power to decide who would qualify as a permanent resident, and only they were eligible to purchase land or property. The scrapping of Article 35A, which debarred non-residents from Continue Reading

Despite the ongoing slump in the real estate market, Haryana government has witnessed a sharp increase of 22% in stamp duty collections in the past two years. These numbers have been collected from the four tehsils of Gurugram, Manesar, Farrukhnagar and Wazirabad. The numbers have increased from Rs 1284Cr in financial year 2016-17, to Rs 1305Cr in 2017-18 to a further upsurge to Rs 1560 Cr in 2018-19 respectively. Moreover, the creation of sub tehsil of Wazirabad that comprises of Continue Reading