Co-working Spaces: Opportunities for Developers

India has geared up to the concept of co-working spaces, which experienced significant investments in the past few years. Our country is the 3rd largest startup hubs in the world with 72% of founders are below the age of 35. A study of 2017 about co-working ecosystem says that the potential of co-working spaces is evident, and it will be touching 8.5 million seats by 2020. Co-working spaces are highly preferred by the millennia’s and these spaces are introduced to the world to make a differ...

Optionality for Developers: Either Go for New Tax Regime or Continue With the Old One

The GST council meeting held in February revamped the existing tax structure acting in the realty sector. Earlier it was 12% on real estate and 5% on affordable housing inclusive of Input Tax Credit. Input Tax Credit or ITC is the credit on the material used in the project. But in the meeting, the tax structure was revised to 5% on real estate and 1% on affordable housing without ITC. This move was somehow beneficial for the buyers, but the developers were unhappy. Their concern was not with the...

Latest Technologies that Are Leveraging the Real Estate Industry

virtual realty
Technologies like AI (Artificial Intelligence), Big Data, Internet of Things (IoT) and Virtual Reality has made impactful changes in almost every industry. Stakeholders of the real estate industry are leveraging these new technologies for a seamless and efficient process. This blog highlights some of the innovations that are currently changing the dynamics of the real estate industry. Virtual Reality VR uses graphics and images to visualize the site on completion. It allows developers to make ...

Scrutiny of Commercial & Residential Property Rental Income

As a beginner in the paradigm of real estate, one of the most skeptical phases is to make up an idea of where to invest in order to gain maximum return. The bewildering phase to invest whether in the commercial property or residential property not just confine itself here, but the pros & cons of the rental income from both of the properties are the major areas of research. Because the realtors cannot afford to miss the significant consideration of rental income. Commercial properties as well...

Smart Home Integration in Real Estate

smart homes
With the rise of Artificial intelligence, virtual reality, and IoT technology, dependency on technology is undoubtedly making our life easier and advanced. Real estate industry never leaves an opportunity to transform any area but the integration of IoT has taken the housing industry to the next level. The current trends of home automation into real estate is the buzz around town. Realtors are keen on investing in this dynamic field as it poses greater opportunities for the sector. Smart home au...