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Kolkata: A Surprise for Home Buyers with a Lesser Monthly Income

21 Jun, 2018 admin

In the words of the Urban Development Minister of the State, a housing project has been announced by the government of West Bengal. This project will offer homes to those buyers with monthly incomes that are inadequate for purchasing homes near the city. The housing project, which has been announced by the State Government, is …

An Urge for the Enactment of RERA in West Bengal

13 Jun, 2018 admin

As told by an official, a team from the Centre is soon about to convince the Government of West Bengal for switching over to RERA (Real Estate Regulatory Act) in the protection of the home buyers’ interests. The official further added that the implementation of HIRA (Housing Industry Regulation Act), 2017 has caused anxiety as …

The Contribution of Tier II and III Cities in the Country’s Realty Growth

6 Jun, 2018 admin

Usually, the Tier-I and Metropolitan cities of India have caused the growth of its Real Estate industry. But a change has been noticed in the recent past, with a significant increase in the contribution of Tier-II and III cities. The country’s realty market has welcomed this trend with business activities growing powerfully in smaller cities. …

Tenant Verification: Solution to Risk-Free Home Renting

30 May, 2018 admin

Many of us think several times and retreat from the decision of renting out homes that are lying unoccupied even when we can earn a fine income from it. Besides, the demand for rental homes is also increasing with people immigrating to cities from the towns and remote areas of the country. So, make use …

The Realty Market Is On Its Road to Recovery

26 Mar, 2018 admin

The expectations of investors from the realty stocks have increased to an extent but the uncertainty lies regarding the strength of their foundation. A 60% increase recorded by the BSE Realty index in a year ensures an outstanding performance in comparison to the BSE 500 index and Sensex with 17% and 14% increase, respectively. The …

Not Just the Buyers But the Sellers Too Need to Be Cautious

7 Feb, 2018 admin

A buyer certainly needs to be careful since a property purchase influences the individual’s plan of investment as well as the savings of a lifetime. This doesn’t mean that the sellers will remain carefree for they tend to lose money, energy and time if the sale process is not conducted with proper care. As a …

The Real Estate Industry is Expected to Stabilise This Year

31 Jan, 2018 admin

The introduction of the bankruptcy code, implementation of RERA or the GST coming into effect has impacted the operational performance of the country’s Real Estate sector. But the ICRA analysis expects that these regulatory reforms will make way for the strengthening of the industry. With the customers and developers getting receptive to these reforms, it …

Government Takes an Initiative to Work in the Favour of Homebuyers

6 Nov, 2017 admin

MHUPA (The Union Ministry of Housing and Urban Poverty Alleviation) finally agreed to the consumer organisations’ demand of making homebuyers the Primary Secured Creditor on the occasion of bankruptcy. At present, whenever a builder faces bankruptcy or the concerned financial institutions starts liquidating its assets, the homebuyers are the last one to have right on …

Have RERA and GST Succeeded in Changing the Real Estate Sector for the Better ?

20 Oct, 2017 admin

Even the Finance Minister has felt the strong need for bringing the Real Estate sector within the reach of GST, for removing corruption. Only the projects that are under construction have been brought under this tax, while the completed ones are out of it. GST was welcomed by the analysts since it was said that …

The Real Estate Supplies in India Expected to Rise High

4 Oct, 2017 admin

The newly arriving regulatory reforms like GST and RERA have organised the real estate industry from its fragmented state. The increasing urbanisation is also another reason that cannot be ignored. India is thus, expecting an increase in the annual supply of real estate, from around 3.6 billion square feet area in 2013 to about 8.2 …

Hassle free Property Management Buy | Sell | Rent

13 Sep, 2017 admin

Whether you are buying, renting or selling any piece of property, the experience should be fulfilling for you. We, being a third party, offer services that can help you save your valuable time and bring a smile on your face at the end of your deal. We at Transventor Property Management Services Pvt Ltd. We …