The regulatory reforms like RERA and GST taken in the last couple of years have restored the confidence in the Indian real estate market, particularly among the NRI After landmark regulatory changes in the real estate sector in the country in the last few years, the tides are turning in favour of the market and…
International property consultant JLL India launches residential brokerage business Property advisory firm JLL India on Tuesday said it is selling its residential services business to the company’s former India head Anuj Puri, who recently left the organization to start his own venture, for an undisclosed sum. JLL’s residential business employs around 200 brokers and 250…
Obsession with buying house: Why do Indians prefer real estate? Real estate is a capital guzzler Gaurav Mashruwala Gaurav Mashruwala, founder, Gauravmashruwala.com Real estate is a capital guzzler, illiquid, immovable and indivisible. Also, it is cumbersome to acquire, maintain, liquidate and bequeath. Capital guzzler: Many times, a single piece of real estate will constitute almost 70-80%…
5 reasons why Indian real estate is turning attractive for NRIs With rupee witnessing a major fall against the dollar in recent months, non-resident Indians (NRIs) have begun scouting for property buys in India, according to reports. This comes after the lull witnessed in the Indian residential real estate market over the past several years,…
