Bricks N Woods

13/03/2020

Don't wait for it!

18/12/2019

The price gap between ready, under-construction homes fall to 3-7%: Anarock Property Report ANAROCK

The price gap between ready-to-move-in (RTM) and under-construction (UC) homes in the top seven cities of the country has dipped to a mere 3-7 percent in 2019, according to property brokerage firm Anarock.

The price disparity between the two categories is witnessing a year-on-year decline.

17/12/2019

India co-living market size to grow more than double by 2025: Cushman & Wakefield India Report.

# Co-living market size across India’s top 30 cities is expected to grow more than double by 2025 to $13.92 billion from the current $ 6.67 billion.

# The demand for co-living in terms of beds is slated to grow to 5.7 million from 4.19 million

# the share of private beds is likely to rise from 15% to 30% of total demand in the co-living segment

# The co-living market in India is evolving at a rapid pace, with investments from national and international institutional investors

10/12/2019

Jewar Airport: Zurich Airport gets UP government’s nod, construction to begin in February 2020

Zurich Airport wins bid to develop Jewar Airport,

The Jewar Airport or the Noida International Greenfield Airport is billed to be the biggest airport in India, upon completion,

It will come up in a 5,000-hectare area when fully constructed and,

It is estimated to cost Rs 29,560 crores.

07/12/2019

5 Chinese firms seek land in Greater Noida, to invest Rs 800 crores

Officials of China’s Holitech India Private Limited, a component supplier of leading phone manufacturer Xiaomi, met with officials of the GNIDA and handed over to the letters of intent of its five partner companies.

The GNIDA (Greater Noida Industrial Development Authority) said that besides China, companies from Korean and Taiwan have also shown interest in investment in the region.

The GNIDA said it has already started working towards creating a land bank for industrial setups.


Bricks N Woods

16/11/2019

Five benefits of buying under-construction flats:

Lower cost

Higher appreciation

Payment flexibility

New construction

Discounts and offers

14/11/2019

What Are The Biggest Opportunities In Real Estate Right Now?

Where are opportunities in real estate?
There are myriad opportunities that could be included from:-

1)Realtors,
2)Appraisers,
3)Inspectors,
4)Attorneys to architects,
5)General Contractors,
6)Insurance Agents and
7)Home improvement stores and their staff

P.S. According to the NAHB, housing accounts for 15-18% of the nation’s economy through either direct residential investment or through consumption spending on residential services.

12/11/2019

07/11/2019

Govt's Rs 25,000 crore realty fund can only help 6% of stalled constructions

In all, about 576,000 projects worth some 4.6 trillion rupees ($63 billion) are running behind schedule across seven big Indian cities.

New program announced by FM is an improvement on a $1.4 bn real-estate corpus announced in September.

01/11/2019

How to know what is the correct rent, for your property

Factors that impact the rental pricing of a house:-
1) Size of the property: Bigger the property, higher would be the rent.
2) Layout: A 900 sq ft 1-BHK might have a slightly lower rent than a 2-BHK of 900 sq ft, because of the layout that offers more independent space.
3) Amenities: A 1,000 sq ft apartment in a gated community with enclosed car parking, swimming pool, clubhouse, etc., would fetch a higher rent, compared to an apartment in a single building.
4) Internal fixtures and facilities: A home with a modular kitchen, appliances, wall cupboards, storage space, etc., will usually command a higher rent.
5) Location of the property: Its proximity to schools, hospitals, etc., and access to transport facilities, all play a part in determining the rent.

Market factors that affect the rental price:-
1) Demand and supply in the micro-market.
2) Location and capital value of the asset.
3) Comparable prices in the market.
4) Tenant profile in the area.

25/10/2019

Why do we celebrate Dhanteras?

It is believed that new "Dhan" (wealth) or some form of precious metal is a sign of good luck. ... This day is a celebration aimed at increasing wealth and prosperity. Dhanteras engages themes of cleansing, renewal, and the securing of auspiciousness in the form of Lakshmi.
Aman Chawla

18/10/2019

Homebuyers should be mindful of the following while purchasing any property:

1) The property should have all the necessary approvals and licenses.

2) Get all the information regarding the external parties like banks, advisories, etc., to get a better sense of the project’s feasibility and quality.

3) Identify your desired location, keeping in mind your regular commute requirements.

4) Check online and on social media for user-based reviews on the locality, project, and developer.

5) Consider the total budget for buying the house and plan your finances well.