Ashwinder Raj Singh

Before negotiation for a property, do your groundwork about the project, its developer, his credibility and track record of previous projects, the location and prices in the vicinity, and trends in the property market. But remember, every negotiation has a breaking point, and one should never go as far as to breach that point.

Affordable housing is a distant dream for the service class in Dubai having an average household income between 10,000-30,000 UAE. Given the cost of living, in this income, they can barely afford to pay a rent of Dh72,000 per annum and maybe buy a property worth Dh800,000. As a result, more and more people are moving away from the centre of the city and looking for affordable housing in the outskirts.

NCR has witnessed country’s highest unsold inventory figures at almost 1,70,000 units. Gurgaon’s contribution to this burden is only around 22,000 unsold units, but this is still uncomfortably high. Another source of worry is that almost 30% of this unsold inventory is under construction, and located in perfectly inhabitable sectors.

On the surface, selling and buying real estate seems novel and even logical. What works against it is the manner in which the real estate market actually functions in India.

Lutyens Bungalow Zone (LBZ) is an area which single-handedly gives Delhi distinct recognition as one of the best capital cities of the world. For as long as it could hold on to its air of timelessness, Lutyens’ Zone is about to undergo change

NRIs invariably have a much distorted picture of the Indian real estate market-place. For those who are seriously interested in investing in properties back home, exhibitions of properties in India organized in their foreign cities of residence can provide a means to educate themselves on the options available to them and ask the right kinds of questions.

E-registration has simplified the process for providing evidence of titles and facilitating transactions, and will go a long way in preventing the unlawful disposal of land. This online registration system effectively put paid to the various underlying problems and loopholes in the traditional land registration process, based on the Land Registration Act of 1925, which typically involves Powers of Attorney, sale or mortgage of land and transfer of property under rent.

If you are looking to invest in a property for rental income, you need to educate yourself about the right opportunities

Here is a list of most desired and upmarket residential neighborhoods in the top cities of India which HNIs want to be associated with