Search Results: property (3722)

Reports Property Price Rally, Property Price Rally in India, Property Prices in India, Costliest Property Market, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalists

Delhi-NCR leads the property price rally with 57% YoY growth: PropTiger.com Report

The western cities of Ahmedabad and Mumbai, along with the southern tech hub of Bengaluru, all experienced healthy price appreciation in the 15-21% range whereas Chennai in south and Kolkata in east saw robust growth of 22% compared to the previous year, indicating strong economic activity and housing demand in these metros. This trend points to sustained demand in these economically vital centers. Pune, often seen as a more affordable alternative to Mumbai, also saw an 18% increase, suggesting it’s maintaining its appeal for homebuyers while still seeing significant price growth.

Policy Stamp Duty on Property, State Stamp Duty, Property Registration Charges, Stamp Duty Calculator, Stamp Duty Online, India Real Estate News, Indian Realty News, Real Estate News India, India Property News, Best Property Portal, Best Real Estate Website, Real Estate Journalists

Will States going to polls reduce Stamp Duty on property?

When the Union Finance Minister, Nirmala Sitharaman, urged the States to cut Stamp Duty rates in her 2024-25 budget presentation, this was by & large seen as a mere headline making statement. Why would States cut the Stamp Duty on property when it is one of the major sources of revenue, was the general feeling in the collective consciousness. But now sources tell Track2Realty that there had been a message of deep meaning to the States going to polls. 

Beyond Headlines Indian Rupee, Indian Currency, ASK Property Fund, Blackstone Property, Blackstone Real Estate, Ask Wealth and Asset Management, Bhavik Jain, ASK Property Fund, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalist

Blackstone-backed ASK Property Fund invests INR 190 crore in Kalpataru project

ASK Property Fund, the real estate private equity arm of Blackstone backed ASK Asset & Wealth Management Group, has announced the successful investment of INR 190 crore in a project being developed by Kalpataru. The project is an upper mid-segment project, located in Borivali West, comprising 310 units and is spread across 6 acres with a total saleable area of about 6.5 lakh square feet.

Industry Movement Property Valuation in India, Online Property Valuation, Under Valued Property, Circle Rate of Property, Guidance Value of Property, Ready Reckoner, Magicbricks, PropWorth, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Real Estate News Website, Best Property Portal, Real Estate Journalists

Magicbricks launches instant property valuation tool PropWorth

Magicbrickshas unveiled its instant property valuation tool, PropWorth. It is powered by an advanced machine learning algorithm to assist buyers and sellers evaluate the estimated price for any property. Trained on 15 years of data and over 30 million listings, PropWorth covers 50,000 projects in 5,500 localities across 30 cities, offering comprehensive valuations for various property types, including apartments, independent houses, and villas. Track2Realty reports.

Network Assetz Property Group, Bengaluru Plotted Development, Bengaluru Property, Sambhav Realty Ventures LLP, Bengaluru Real Estate, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate News Website, Real Estate Journalists

Assetz Property Group launches a luxurious plotted development in North Bengaluru

Bengaluru-based Assetz Property Group has launched its luxury residential plotted development “Promise of Spring”, on the Bengaluru-Hyderabad highway, in Devanahalli. This 23-acre project in North Bengaluru promises to offer 320 plots ranging from 1500 sqft to 3000 sqft. Situated close to the serene landscape of Nandi Hills, residents can enjoy the tranquil beauty of lush natural surroundings. The project is developed in collaboration with Sambhav Ventures Realty LLP.

Reports High End Property, Luxury Property, Luxury Property in India, High End Property Sale, High End Property Supply, India Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property News Portal, Best Real Estate News Website, Real Estate Journalists

37% surge in high-end property sales in Q1 2024: PropTiger

According to the report’s findings, Q1 2024 marked a discernible shift towards high-end properties among homebuyers. Notably, the share of properties priced at INR 1 crore and above in sales surged to 37%, a significant increase from the pre-pandemic levels of 2019, more than doubling in magnitude. During this period, there was substantial growth (50-55%) in demand observed within the INR 1-5 crore price bracket, closely followed by the INR 5-10 crore range, particularly evident in cities like Mumbai, Gurugram, and Bengaluru. This transition signifies a departure from purely budget-driven decisions towards properties that better resonate with buyers’ lifestyle preferences.

Case Studies

Tier-II cities closing the gap with Top-8 as property prices surge by 10-15%

Soaring economic activity, infrastructure development, and reverse migration are driving double-digit property price appreciation in emerging urban centers of Tier-II cities, says “The Bharat India Report” by Housing.com. Housing.com, has released its inaugural “The Bharat in India” report that highlights remarkable growth trends in Tier-II city real estate markets across the country. It highlights how these once overlooked urban centers are rapidly closing the gap with their Tier-I counterparts. This growth is fuelled by economic diversification, rising consumer demand, and reverse migration patterns accelerated by the pandemic.

Network Under Construction Projects, Under Construction Houses, New Project Launches, New Housing Launch, Bengaluru Property Market, Bengaluru New Projects, Bengaluru Housing Projects, Indian Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Real Estate Website, Best Property Portal, Real Estate Journalists

Assetz Property Group launches residential project in North Bengaluru

North Bengaluru has emerged as a real estate hotspot in recent years due to the presence of the Kempegowda International Airport, major corporate offices, a host of recreational options, and the arrival of the next phase of Namma Metro in the near future. An integral part of North Bengaluru is the 3,000-acre KIADB Hardware & IT Park which is home to many Aerospace and IT campuses surrounded by well-planned infrastructure, ample green parks and open spaces, retail spaces, and more. Since this area has been witnessing increased interest from homebuyers over the last few years, a high-end residential project like Assetz Sora & Saki aims to cater to the discerning tastes of the new-age home buyers.

Beyond Headlines Funds, ASK Property Funds, Blackstone, Investment in Real Estate, Institutional Investment in Real Estate, Real Estate Funds, Project Financing, Real Estate PE Funds, Indian Real Estate News, Indian Realty News, Real Estate News India, Indian Property Market News, Best Property Portal, Best Real Estate Website, Real Estate Journalists

Blackstone backed ASK Group’s ASK Property Fund has exited from Naiknavare project with 21% IRR and multiple of 2x

Amit Bhagat, CEO & MD, ASK Property Fund said, “This was a recapitalisation opportunity and before the NBFC crisis. By providing the requisite and flexible working capital, we ensured the project’s completion, supported by sales during the life of the project. The investment was self-liquidating with regular cash flow from the sales and collection linked to milestone. We truly believe all projects in the established suburbs which are job clusters have healthy absorption if completed as per committed timeline.”

Consumer Connect

Mothers’ quest for social security catalyst to property buying

Mother’s Day & property market! The topic has been debated the world over and it has mostly revolved around whether a house could be a perfect Mother’s Day gift. Or else whether one should buy a house near mother’s place. However, mother as a factor in the property world is not just confined to a limited scope of her being a recipient or just an emotional comforting factor. In fact, she has always been an influencer and with economic independence is fast emerging as a catalyst to property buying. On this Mother’s Day Track2Realty explores as to how much the mom factor is “the factor” in the property market. 

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