Real estate query: Leasehold vs Freehold Property – What’s the difference and which is more beneficial?

Real estate query: Leasehold vs Freehold Property – What’s the difference and which is more beneficial?

In India, freehold and leasehold properties represent distinct ownership models. Freehold properties grant complete ownership of the land and structures, providing owners with full control and autonomy. On the other hand, leasehold properties involve renting the property for a specific duration, resulting in limited ownership rights and reduced maintenance obligations. A leasehold property is essentially … Read more

Union Budget: How Budget 2024 proposals will shape the future of Real Estate sector

Union Budget: How Budget 2024 proposals will shape the future of Real Estate sector

The Finance Minister’s recent budget declaration marks a significant turning point for the Indian real estate sector, particularly in addressing the housing needs of 1 crore urban poor and middle-class families. With an unprecedented investment of Rs 10 lakh crore, this budget is set to dramatically enhance urban housing infrastructure, making affordable housing a reality … Read more

Residential real estate at a 15-yr high; commercial may see best ever year: Anuj Puri

Residential real estate at a 15-yr high; commercial may see best ever year: Anuj Puri

“I think after a very-very long time I have discovered that the developers have been extremely mindful of bringing in more cash flows and deleveraging their position rather than continuously increasing the prices and somewhere hurt the sort of sales of their residential,” says Anuj Puri, Chairman, ANAROCK Group.Let us just get in a sense … Read more

Why affordable housing may become a challenge for developers despite the government push

Why affordable housing may become a challenge for developers despite the government push

Prime Minister Narendra Modi approved government assistance for the construction of three crore rural and urban houses under Pradhan Mantri Awas Yojana (PMAY) during the maiden Cabinet meeting of his third term last week. However, affordable housing in urban and metro cities has taken a back seat recently, with a shift in focus towards the … Read more