Author: Neeraj Bhaker

Neeraj Bhaker, an MBA graduate with over 10 years of experience in the real estate and property sector, brings a wealth of knowledge to his writing. His insights cover the latest trends and updates in the industry, offering valuable perspectives to both investors and homeowners. Neeraj's expertise makes him a trusted voice in the real estate space.

If you’re a property owner thinking of selling, now might be your best opportunity to make a profit. Property prices in cities like Delhi, Noida, Ghaziabad, and Faridabad are currently at record highs, making it a prime moment for sellers to cash in. With an increasing demand for real estate, changes in the market, and tax benefits, sellers have a unique opportunity to achieve favorable returns. Here’s a breakdown of why this market timing works in favor of property sellers. 1. High Property Prices Mean Higher Profits Property prices have surged across major cities, reaching their highest levels in years.…

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Noida and Greater Noida, once known for affordable and mid-range housing, have evolved into premium real estate destinations in just five years. Driven by impressive infrastructure developments and a booming job market, property prices in these cities have surged by over 150%, establishing them as major players in the Delhi-NCR real estate market. According to recent reports from PropEquity, the property market in Noida and Greater Noida has transformed dramatically, with property prices reaching new heights. In Noida, the average price of newly launched housing projects rose from Rs.5,910 per sq. ft. in 2019 to nearly Rs.14,946 per sq. ft.…

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The Noida and Greater Noida real estate markets, popular among home buyers for their wide range of housing projects, are now facing new challenges due to recent regulatory changes. The Noida-Greater Noida Authority has implemented a new rule requiring the registration of Builder-Buyer Agreements, which is expected to add a considerable financial burden on those looking to invest in these areas. What’s in the New Rule? Under the new rule, buyers will be required to register their Builder-Buyer Agreements with a non-refundable fee of 1% of the property cost. This fee, along with the existing 6% stamp duty, is becoming…

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The Supreme Court of India has issued a landmark ruling restricting the government’s power to acquire private properties. This decision under Article 39(b) of the Indian Constitution mandates that any acquisition must have a clear, tangible benefit to the public and be transparently justified. Here’s a detailed look at what this judgment means for private property owners and the implications for future acquisitions by the state. What is Article 39(b) and How Does it Affect Private Property? Article 39(b) falls under the Directive Principles of State Policy, which encourages the State to ensure fair ownership and distribution of resources to…

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In an exciting Diwali 2024 offer, the Yamuna Expressway Industrial Development Authority (YEIDA) has introduced a residential plot scheme, presenting 821 plots in the sought-after Sector 24A, Greater Noida. Situated near the new Noida International Airport, these plots provide an excellent investment and homeownership opportunity, catering to those who wish to secure property in a rapidly growing area. Application Process and Key Dates Applications for the YEIDA plot scheme began on October 31, 2024, and will remain open until November 30, 2024. Interested applicants can easily apply online during this period. Once applications close, a lottery draw for plot allotment…

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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…

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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…

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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.…

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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,…

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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…

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