Category: Articles

– by Akash Pharande, Managing Director – Pharande Spaces Buying a home is the smartest decision to make if one can afford it, and we all know the reason. Home ownership builds equity and net worth over time as the property value appreciates, unlike paying rent which builds no assets. Home loan interest rates are currently still lower than they were before the Covid-19 pandemic. It is by far the most important investment to make to ensure long-term stability, security, and social status for one’s family. An owned home is…

 – By Akash Pharande, Managing Director – Pharande Spaces As we await the RBI’s monetary policy decision on the repo rate, let us examine the factors involved, and their implications on the Indian housing market. There can be various reasons for a hike in the repo rate, including inflationary pressure, rising food and fuel prices, excessive growth in the money supply, weakening of the Indian rupee, global economic factors such as a significant increase in international crude oil prices or global market instability, inflation expectations, and overall financial stability concerns.…

Rajan Thakral, Realty advisor       A real estate consultant is more than just an advisor. He is your ally in the realm of real estate. Their expertise, market insights, and personalized guidance can make a significant difference in the success of your property ventures.  Whether you are selling, buying, or investing, partnering with a real estate consultant will help you to navigate and reach the goal. So before embarking on your property  journey, consider enlisting the services of a real estate consultant.           1.…

– by Akash Pharande, Managing Director – Pharande Spaces The Indian housing sector has seen the stronger emergence of branded developers over the last two decades. But after Covid-19, we are seeing a majority of homebuyers preferring properties by branded developers. Most industry estimates concur that around 70% of the projects by value in top Indian cities are by branded developers. If you’re on the market for a home, your first preference will be a property in a project by such a developer. In the broadest sense, a branded real…

– by Akash Pharande, Managing Director – Pharande Spaces Plotted developments have been in the news fairly regularly since the Covid-19 pandemic. It appears that many Indians are now considering this option versus investing in built-up homes. Such preferences are dictated by many factors, including availability, infrastructure development, cultural preferences for low-rise homes, investment preferences, and knowledge – and, of course, the cost factor. To begin with, we must consider the price of a plot of land suitable and cleared for residential development (technically, non-agricultural or NA land), or a…

– By Akash Pharande, Managing Director – Pharande Spaces India has been witnessing a consistent rise in urbanization over the years. A survey by the United Nations projects that by 2030, over 40.76% of India’s population will live in urban regions. World Bank statistics from 2017 add weight to this estimate – in that year, about 34% of the country’s population already lived in cities. India’s urbanization trend will continue, and by 2050, India will be among the leaders in global urbanization, along with China, Indonesia, Nigeria, and the United…