India Real Estate Latest Trends | Overview | Growth | Investments

June 10, 2021
Gurugram In-budget Homes a Click Away

To process the allocation of affordable homes under the affordable housing for all scheme aided by the state government of Haryana, the authority has taken up several initiatives. In order to ensure the streamlining with ease, the department of town and country planning (DTCP) has introduced a digital-driven drawing system. From now on, the interested and needy individuals are required to register online via the DTCP portal to avail benefits of affordable housing under the state-oriented affordable housing scheme. Once the registration portal is closed, then soon enough the draw of lots will take place online as well, the names of individuals drawn at first will be allotted with the proposed houses. The beneficiaries will get the confirmation via SMS messaging service.

Mr Sanjeev Mann, the Senior town planner, mentioned that so far the Realty developers advertised their affordable housing projects and distributed forms directly or through agents, following which the draw for allotment of flats was conducted in the presence of the senior town planner (STP). But since, the department has been receiving constant complaints about irregularities in allotment and unavailability of the application forms. To fix this, a digital system is introduced to streamline the online system of filling forms and allotment. 

As per the new norms, a developer will have to submit an online application with details of the projects and the tentative date of draw. After scrutiny, the STP will provide the approval and it will go live, which will be visible to the general public. Prospective residents are required to get a login id by registering on the website coupled with their mobile number. When the process is complete then all the inputs filled by the prospective buyers will undergo a scrutiny process conducted at the developer’s end.

Unlocking Potential: Gurugram’s Transit Corridors and Real Estate Boom

With the evolving nature of Gurugram's real estate, transit corridors have emerged as the catalysts of development and financial promise. Among these conduits of growth, the Dwarka Expressway emerges as a beacon, offering not only strategic access to Delhi but also serving as a gateway to major employment centres and essential amenities. Let's delve into the intricacies of this burgeoning hotspot and understand the impact of transit-or

The Real Success Story of Indian Real Estate

The real estate sector is one of the most globally recognised industries, with the Indian market leading as one of the world’s most attractive investment hubs. While the pandemic resulted in an economic slowdown world over, the Indian real estate sector remained relatively resilient. Further, as per research by the India Brand Equity Foundation, the Indian real estate industry is on a steady growth trajectory, projected

Inside India’s Housing Boom: Trends and Future Directions

India's residential real estate market has been on an intriguing journey, navigating through various economic and social shifts. From the impact of the COVID-19 pandemic to the emergence of new buyer preferences, the landscape of housing in India is witnessing notable transformations. In this blog, we delve into the recent trends, growth drivers, and future prospects shaping the residential real estate sector in the country.   Evolv