The Reserve Bank of India (RBI) recently raised the repo rate by 50 basis points, taking it from 5.0% to 5.5%. This move has created a buzz among borrowers, investors, and businesses across the country. But what does it really mean for the average person? Let’s break it down in a simple, relatable way. What is the Repo Rate? The repo rate is the rate at which the RBI lends money to commercial...
Considering purchasing your very first home in Gurgaon? You're not the only one. Gurgaon, with its thriving infrastructure, up-to-date amenities, and thriving job opportunities, is at the top of many people's lists to settle down or invest in property. But come on purchasing property for the first time can be overwhelming. Don't panic. Here's a simple, step-by-step process to purchase property in...
Gurgaon or Gurugram is among the most vibrant realty markets of India. Situated in the vicinity of Delhi, it has emerged as a prominent residential and commercial centre. For homebuyers who are considering purchasing residential property in Gurgaon, it is imperative to know about the local market, types of housing, and prime locations before finalizing anything. Why Gurgaon Is a Preferred...
Gurgaon is also seeing a stern push towards reinstating order and enhancing urban infrastructure, as the Gurugram Metropolitan Development Authority (GMDA) steps up against unauthorized developments in the city. In a recent big-ticket operation, the GMDA has served a total of 72 official notices to violators engaged in illegal construction works and unauthorized road access changes in various busy sectors...
Despite international policy shifts and global economic changes, the Trump Organization’s presence in India’s luxury real estate segment continues to grow. The company is now expanding its footprint in the National Capital Region (NCR) with the launch of a second Trump Tower in Gurgaon, Haryana. This development makes Gurgaon the only city outside New York to host two Trump-branded residential...
Overview of the Gurugram Real Estate Scene Delhi-NCR continues to be a major hotspot in India’s real estate market, showing impressive growth in both property demand and prices. Among the many localities contributing to this trend, Gurugram has emerged as one of the strongest performers. In particular, Dwarka Expressway has stood out by registering a record 58% year-on-year increase in property...