News of Real Estate

For a city that was for long scorned as an overgrown village, it is surprising how fast Delhi is losing its rural character. Between 2001 and 2011, Delhi’s rural population has more than halved from 9.45 lakh to 4.20 lakh. Rapid urbanisation — at 97.5%, the national capital is already the most urbanised city in India — has drastically shrunk the rural living space too. Between 1961 and 2011, the number of Delhi’s rural villages fell from 276 to 112. An overstretched city, Delhi is India’s car capital and its people breathe the world’s foulest air. Under the circumstances, it would be suicidal here to lose even an inch of open, green space. And yet, according to the Economic Survey of Delhi released last week, the city was losing its cropped area at 2.28% annually. Between 2000 and 2016, the farmlands under cultivation decreased from 52,816 to 34,750 hectares. The main reasons for falling agricultural activity in Delhi, the survey stated, was “fast urbanisation and shift in oc...

Everybody wants to invest in a commercial property due to its lucrative returns in past. But from last two years, property rates are below the expected rates. Here comes the opportunity. With this opportunity, there are many associated factors that you need to understand. Reports propose that there are near two lakh unsold units in the national capital Region. Try not to get stalled by the numbers. After the validation to the land law, engineers are currently concentrating on one project at a time. After implementation of the real state bill it is now mandatory for developers to maintain sufficient fund related to one particular project, consequently asset allocated for a particular project is not diverted anywhere else. Through this, it can be learned to a degree that the number of unsold units would in any case descend and for those hoping to purchase in future, there would be huge choices in their hand. You must have heard about the law of demand and supply, the number of option...