Author: Neeraj Bhaker

The dream of owning an affordable home is becoming harder to achieve for many Indian homebuyers. Nirupa Shankar, Joint MD of Brigade Enterprises, recently discussed this growing challenge during a conversation with Nikhil Kamath, co-founder of Zerodha, on his podcast “WTF is with Nikhil Kamath?”. Shankar, along with other prominent real estate veterans like Irfan Razack, Chairman and MD of Prestige Group, and Karan Veerwani, CEO of WeWork India, shared insights on why building affordable homes is becoming more difficult. Rising Land Prices: The Biggest Obstacle Nirupa Shankar shed light on how skyrocketing land prices have made it almost impossible…

The Indian real estate market has seen a massive surge in house prices post the COVID-19 pandemic. In the last five years, property rates have witnessed significant hikes in the country’s top cities, with some areas seeing prices rise as much as 88%. This sharp increase in property rates is a clear indicator of a booming real estate market, driven by several factors. Where Have Prices Risen the Most? According to a report by PropEquity, a real estate data analytics firm, Gurugram has seen the highest jump in house prices. Property rates there have skyrocketed by 160% in the last…

Landlords often fear that tenants may attempt to take possession of their property after renting it out. While a traditional rent agreement is common, it may not offer the complete protection landlords are looking for. If you want stronger legal security, the “Lease and License” agreement is a better option. This legal document provides greater peace of mind and protects your ownership rights more effectively. What is a Lease and License Agreement? A Lease and License is a legal document similar to a rent agreement, but with added clauses that offer more protection to the landlord. While rent agreements are…

The real estate market in Noida and Greater Noida is booming this festive season, with home registrations hitting record numbers. Navratri 2024 has brought a wave of excitement for homebuyers, with both cities becoming hotspots for property registrations. The trend is not only providing homes to thousands but also significantly benefiting the authorities in terms of revenue and boosting the real estate sector in the region. This year, the demand for home registrations has surged to new heights. Between Noida and Greater Noida, more than 2000 flats have been registered in just the first six days of Navratri. This marks…

Marriage in India holds significant value, and in many households, it often leads to the daughter’s parents going out of their way to maintain harmony in their daughter’s marital home. However, a recent High Court ruling has clarified that no matter how much financial or emotional involvement the son-in-law has, he has no legal right to his father-in-law’s property. The judgment by the Kerala High Court has highlighted an important aspect of property law, asserting that marriage does not automatically grant property rights to a son-in-law. Even if the son-in-law has contributed financially to the construction or purchase of the…

Property disputes have become a common issue in today’s legal landscape, often involving complex disagreements between family members. In such cases, one key area of confusion is the rights of a wife on her husband’s property, particularly after his death. A recent decision by the Delhi High Court has clarified the wife’s legal entitlements, shedding light on the extent of her ownership and how it can impact property distribution among family members. In this article, we’ll explore the details of this High Court ruling and explain how property rights work for a wife under Indian law. What Did the Delhi…

Many homebuyers invest in builder projects early, lured by attractive pricing and the promise of future gains. However, the journey from investment to receiving possession of the property can take years. As the construction progresses, there are several important factors to keep an eye on, particularly when it’s time to take possession of the flat. Before you receive the keys to your new home, there are several critical documents you should check to ensure that the property is legally compliant and ready for occupancy. Here’s a comprehensive guide on the key documents to verify. Completion or Occupancy Certificate One of…

Building a house or renovating one requires a substantial amount of money, and for most people, a home loan is the go-to option for raising that capital. But what if the land you want to build or renovate on is owned by your mother, grandmother, or another family member? Can you still take a home loan in such a situation? Let’s break down the process and answer these questions. Home Loans for Construction and Renovation: Understanding Your Options If you already have a house on land owned by your parents or grandparents and want to renovate it, applying for a…

In recent years, Noida has emerged as one of the most sought-after real estate markets in India, leaving behind the traditional giants like Delhi and Mumbai. With rapid urban development and several mega-projects underway, the city has experienced a surge in property prices, making it a major destination for both residential and commercial buyers. According to recent data, land prices in Noida have increased by 7% in 2024 alone. The city’s transformation is driven by large infrastructure projects, including the upcoming Jewar International Airport, semiconductor manufacturing plants, and improved metro and expressway connectivity. These developments are making Noida an attractive…

When it comes to securing financial stability after retirement, many people rely on traditional options like pension schemes or savings plans. However, real estate investment offers a unique and profitable opportunity that not only provides long-term financial security but can also generate regular income. If you’re looking for a reliable way to ensure a comfortable retirement, investing in property might be the answer you’re seeking. Why Real Estate is a Smart Investment Real estate investment is often seen as a solid and stable option for retirement planning. Unlike stocks or mutual funds, the value of property typically increases over time,…