SOBHA

Real Estate Market in India: 2023 and Beyond

Real estate market in India is booming at an exponential rate. After the slowdown for two consecutive years caused by the global Covid-19 outbreak, the sector is making a phenomenal comeback – registering unprecedented growth. Currently, real estate is one of India’s most prominent industries in terms of generating revenue and employment opportunities. Industry experts […]

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Can Foreigners Buy Property in India?

Overview of Foreign Property Ownership In recent years, foreign property ownership in India has been steadily increasing. India’s rapidly developing economy, diverse culture, and potential for high returns on investment have attracted the attention of international buyers. Buying property in India as NRI can be attributed to various factors such improved infrastructure, relaxed foreign investment […]

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Joint Tenancy in Property Ownership: All You Need to Know!

Joint tenancy – a term that you need to know if you want to invest in a property with your friend(s), spouse, or business partners. It is a property law that recognises and protects such co-ownerships. As an ownership right it clearly demarcates the rights and responsibilities of each co-owner of the property purchased.    As […]

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TDR (Transferable Development Rights) in Construction? Concept & Meaning

The transfer of development rights (TDR) describes making a specific amount of extra built-up area accessible in place of the landowner’s surrendered or abandoned land so that he may use the extra built-up area himself or transfer it to another party in need of the extra built-up area for a set fee.  What Does TDR […]

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What is Ingress and Egress in Real Estate?

In real estate, ingress is the act of entering a property, while egress is the act of exiting a property. Ingress/egress rights are important considerations of any property transaction, impacting occupancy, access to utilities, and use of the property.  The rights to access and depart a property are referred to as ingress and egress in […]

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What are Preferential Location Charges?

There are several costs to consider while choosing one’s ideal home. Some builders impose an additional cost known as PLC, in addition to other fees. The PLC stands for Preferential Location Charge. Most home buyers are prepared to pay a little extra for specific characteristics that other purchasers might not have. This led to the […]

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FSI (Floor Space Index): Meaning, Calculation & Importance!

FSI (Floor Space Index), also known as FAR (Floor Area Ratio), is one of the most important elements of real estate. FSI refers to the maximum permitted area on a piece of land for construction. The FSI is the ratio of floor area covered to the available land area. FSI, which is usually set based […]

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Integrated Facilities Management (IFM) – Meaning, Importance & Benefits

IFM in real estate means Integrated Facilities Management, which refers to the comprehensive management of multiple support services within a facility or a portfolio of properties by a single service provider – leading to optimised operations, reduced costs, and enhanced efficiency. Importance of Integrated Facilities Management in Real Estate In this article, you can find […]

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10 Best Cities for Real Estate Investment in India

In seven major Indian cities, sales of apartments surged by 20% between January and March of 2023, reaching 62,040 units, according to a survey by JLL India. This is the greatest quarterly sales in the previous 15 years. The expansion of the infrastructure, government initiatives, and aggressive launches were some of the reasons that contributed […]

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How to Invest in Real Estate in India?

Whether it was kings fighting wars and expanding their realm or modern-day millennial couples purchasing their dream house, there has always been a continual desire to acquire real estate. Prime real estate gives returns that are far higher than those of traditional investment options, and since its demand and worth never drop, investing in it […]

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