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The Rising Tide of NRI Investments in Indian Real Estate

The Rising Tide of NRI Investments in Indian Real Estate

The growing contribution of Non-Resident Indians (NRIs) is transforming the Indian real estate sector. However, NoBroker.com’s 2023 report, ‘The NRI Real Estate Report 2023, ’ projects this growing trend. In this blog, let us gauge the details of this report to know how it affects the Indian real estate sector in general and specific areas like Greater Noida West and Sector 150 Noida, where such major opportunities allow. The Expanding Impact of NRI Investments In India, NRIs constituted nearly 10%…

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The Indian Real Estate Market’s Unprecedented Rise by 2047

The Indian Real Estate Market’s Unprecedented Rise by 2047

The Indian real estate market is on the brink of massive metamorphosis. By 2047, with the marking of a century of India’s independence, it is predicted that the sector will grow more than twelve times and reach an incredible $5.8 trillion. This would be an increment from $477 billion in 2022 and a seismic shift in the country’s economic landscape, adding over 15% to the national GDP. Indian Real Estate’s Phenomenal Growth The Naredco-Knight Frank report, ‘India Real Estate: ‘Vision…

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Key Highlights of India’s Budget 2024

Key Highlights of India’s Budget 2024

On February 1, Nirmala Sitharaman, the Union Finance Minister, presented her sixth budget to the nation strategically as an interim budget in view of the upcoming general elections towards the end of this year. The Interim Budget 2024 sought to focus on youth and women’s empowerment while maintaining fiscal discipline and continuing capital expenditure. Significantly, FM Sitharaman reduced the fiscal deficit target for FY25 to 5.1% of GDP, reflecting an intent towards prudent economic governance amidst changing global and domestic…

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YEIDA’s Master Plan 2041: Aerotropolis & Olympic City Near YXP

YEIDA’s Master Plan 2041: Aerotropolis & Olympic City Near YXP

The Uttar Pradesh government is embarking on a journey for development. Under Master Plan 2041, the area surrounding the upcoming Noida International Airport close to YXP is to be transformed into an aerotropolis similar to New Delhi’s Aerocity. This business zone would be on par with New York’s Central Park. It will also include major infrastructure projects such as the “Olympic City” and a 500-hectare park.  Looking at the ongoing developments in the UP state, we can surely anticipate wonders…

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New Project in Noida: New Noida ( The City of 40,000 Hectares)

New Project in Noida: New Noida ( The City of 40,000 Hectares)

Uttar Pradesh is poised for significant growth with the Yogi government’s ambitious plan to acquire land for a new project in noida, aptly named New Noida. This city will complement Gautam Buddha Nagar seamlessly, and its infrastructure will be shaped by a thorough outline of development plans. The groundbreaking approval of the second phase in Greater Noida has triggered a drastic spike in land values. The governing board’s green light has sparked a property market frenzy, driving up land rates…

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India’s Housing Market Enjoys Record-Breaking Sales in FY2023

India’s Housing Market Enjoys Record-Breaking Sales in FY2023

India’s housing market seems to be having a good run. Did you know the total residential real estate sales in India’s top seven cities increased by 48% to Rs 3.47 trillion in the fiscal year 2023? Moreover, the total number of houses sold rose by 36% to 379,000 units during the year.  What’s even more interesting to note here is that the Mumbai Metropolitan Region (MMR) had the highest market share in the fiscal year 2023 in terms of value…

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5 Great Activities For Grandparents & Grandchildren

5 Great Activities For Grandparents & Grandchildren

Do you want to be an unforgettable grandparent?  In that case, you have to make as many memories with your grandkids as possible.  Here are the top 5 fun and exciting activities for grandparents and grandchildren. Rest assured that these activities will help you develop an awesome relationship with your grandkids that they will cherish forever.  1. Play Games  One of the oldest yet every grandchild’s favourite activities are playing games with their grandparents. Plus, now you have so many…

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7 Refreshing Healthy Drinks To Beat The Heat Wave

7 Refreshing Healthy Drinks To Beat The Heat Wave

While you can always drink lots of water to hydrate yourself and survive the heat wave, sometimes it isn’t enough.  It is time to look at easy refreshing healthy drinks to beat the heat wave. Rest assured that the beverages we’ll discuss are refreshing and equally healthy.  Let’s help you learn about different beverages to quench your thirst this summer and stay healthy and refreshed at all times.  1. Sattu  This is the ultimate drink to beat this year’s heat…

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YEIDA Residential Plot Scheme 2023

YEIDA Residential Plot Scheme 2023

This blog highlights the important information you need to know about the YEIDA residential plot scheme 2023. So, buckle up and start taking notes to ensure you are able to successfully secure an allotment in one of the hottest plot schemes of this year.  Location of The YEIDA City For those of you who don’t know, YEIDA city is the third city after Noida and Greater Noida, which is being developed as a greenfield city project on 25,000 hectares of…

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Price Growth is a Natural Facet of Real Estate

Price Growth is a Natural Facet of Real Estate

Real estate is a tangible asset that has been a preferred investment choice for generations. It has been known to provide stability, and security, with the added benefit of long-term capital growth. However, in the last three years, there has been an uptick in real estate prices. This growth has affected the profitability and viability of builders and developers negatively.  Although, price growth is a natural phenomenon in the real estate industry. However, citing the economic disruption caused by the…

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