Author: Neeraj Bhaker

Real estate giant DLF has revealed plans to develop an ambitious ultra-luxury residential project, The Dahlias, in Gurugram’s high-end DLF-5 area. With an estimated investment of Rs 8,000 crore, this new venture aims to cater to India’s growing demand for exclusive and premium living spaces. Spread over 17 acres, The Dahlias will feature approximately 420 luxury apartments and promises a unique lifestyle experience, surpassing DLF’s previous upscale project, The Camellias. DLF has already received regulatory approvals for The Dahlias and recently launched a pre-launch sale, which received a strong market response. This project is part of DLF’s strategy to target…

For homebuyers eyeing property in Noida, a potential increase in circle rates could soon make purchasing homes significantly more expensive. The government has proposed an increase in circle rates by 25-30% for residential areas and 10-15% for other categories in Noida. This rise will lead to higher costs for buying, selling, and registering properties, directly impacting budgets for new homebuyers. Understanding Circle Rates and Their Role in Property Transactions Circle rates are the minimum property values set by the government, used to determine taxes, stamp duty, and other charges during a property’s sale or registration. If a property is sold…

In a move aimed at simplifying the property registration process, the Delhi government has launched the “Anywhere Registration” policy, allowing property buyers to register their assets at any of the 22 sub-registrar offices across Delhi, regardless of the property’s location. The policy, recently approved by Delhi Chief Minister Atishi Marlena, marks a significant shift from the previous rule that required buyers to complete property registrations only in the specific sub-registrar office covering the area of their purchase. This new approach is expected to benefit homebuyers and property owners in Delhi by making the registration process more flexible, time-efficient, and transparent.…

Festival season is here, and along with it come tempting offers from property developers eager to attract buyers. From free cars and electronics to zero processing fees, it’s a time when many potential homebuyers consider investing in property. But is the festival season really the best time to buy? Here are some essential insights to help you decide whether this festive season aligns with your financial goals. 1. Evaluate Interest Rates and EMI Commitments Carefully Home loans are a common way to finance property purchases, but rising interest rates have increased the burden on buyers. Over the past few years,…

Property prices across Delhi NCR have been on the rise, impacting areas like Greater Noida, Noida, Jewar, and now even Sohna near Gurugram. Once overlooked by investors, Sohna is now seeing rising demand and property rates, drawing comparisons with Jewar, where the Noida International Airport has led to an enormous property boom. In the past year alone, Sohna’s property prices have increased by about 13%, with potential for further growth. Why Are Property Rates Climbing in Sohna? Several factors have contributed to the rising property rates in Sohna. Firstly, improved infrastructure, such as the six-lane Gurugram-Sohna elevated road, has made…

In a major update for property buyers in Noida, the Noida Authority has introduced a rule that allows homebuyers to register flats after paying only 10% of the total cost. This regulation aims to make the buying process safer and more transparent, providing more protection for homebuyers. The new rule will apply to all fresh residential projects in Noida, and it’s hoped to help increase buyer confidence and protect their investments. Under this rule, real estate developers in Noida must ensure a registered sale agreement for flats as soon as the buyer has paid the initial 10% of the property…

The real estate market in Delhi-NCR is on the brink of a significant change. The Stamp and Registration Department has proposed a sharp increase in circle rates, with a 25-30% rise planned for residential properties. For commercial, industrial, and IT sectors, a 10% hike has been suggested, while agricultural land is expected to see a 15% increase. Why the Circle Rate Hike? Circle rates were last revised in August 2019, and there has been no change for over five years. Given the rising property prices in Delhi, Noida, and Ghaziabad, the administration believes that an update is necessary to keep…

Nitin Kamath, co-founder of Zerodha and popular financial advisor, once advocated for renting instead of buying a house. Recently, however, he made headlines by purchasing a luxurious home. This decision left many people questioning his previous advice, with some even accusing him of hypocrisy. However, Kamath has addressed the issue, admitting that renting has its downsides. The Debate: Rent or Buy? The choice between buying a house or living on rent has been a common dilemma for many. Anshuman Magazine, the Chairman and CEO of CBRE India, explains that there isn’t a straightforward answer to this question. It varies depending…

The demand for affordable homes in India, especially those priced under ₹50 lakh, is declining steadily. Several factors are contributing to this shift, and it’s becoming a challenge for developers to attract buyers in this segment. Issues like poor location, low-quality construction, and small house sizes are making buyers hesitant to invest in affordable housing. Here’s a closer look at why homebuyers in the affordable segment are getting discouraged and what recent trends are shaping the real estate market. Key Factors Affecting Buyer Sentiment in the Affordable Segment According to the latest ANAROCK-FICCI Homebuyer Sentiment Survey report for the first…

When buying a flat, many assume that parking space is part of the deal. However, in some cases, builders try to charge extra for parking, creating confusion and disputes. A recent court ruling has now made it clear that builders cannot sell parking spaces separately. Here’s what happened and what buyers should know to avoid being overcharged. Retired Army Major’s Legal Fight Over Parking Fees An 81-year-old retired army major bought a 3 BHK flat in the Hill View Garden Housing Complex, Rajasthan. When purchasing the flat, the builder charged him an extra Rs 50,000 for parking space. However, according…