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Over the past decade, India has witnessed massive change in the real estate sector, with developers catering to the personalisation demands of the buyers. The Millenials and Gen Z today are not merely impressed with the latest amenities and top-tier technology builders offer but want a more personal and customised feel to their homes. Today's youth is willing to shell out money on employing the top names in the interior design and architecture world.
First-time home buyers find the paperwork and documentation to buy a real estate property difficult to navigate. The Builder-Buyer Agreement is one of the most important legal documents or agreements you must sign as a prospective homeowner. This will help you understand the agreement and the protection it provides you.
Artificial intelligence has significantly impacted almost every industry the world over. Why would the real estate industry be any exception to that? Real estate, too, has jumped the A.I. bandwagon opening itself up to infinite possibilities.
Nearly every asset we own undergoes wear and tear with use. That shiny smartphone you use is prone to cracks, slowing down, or becoming obsolete with time. Your new car will endure some damage with miles being added to it. All the goods we own decrease in value due to time and use. This is referred to as depreciation. This is why trying to resell a pre-owned asset will likely fetch you less money than the amount you paid to acquire it. Do all assets undergo depreciation? Does your real estate property undergo depreciation too? Does depreciation on apartments reflect a loss in asset value? Why is a real estate considered an investment if it declines in value? Let us take a look.
The COVID-19 pandemic has made us all realise the importance of the kitchen, given how often house members frequented the area, passing their time either snacking on something or learning new recipes in the lockdown, extending all age groups. Thus it won’t be wrong to say that the kitchenette is one of the most active areas of the house, constantly functioning via cooking, heating, baking, or freezing, courtesy of human’s growing demands and preferences.
Data and analytics have always driven the real estate industry, but artificial intelligence (AI) in real estate has taken this to a whole new level in recent years. With AI-powered tools and algorithms, buyers, sellers, and agents can now access an unprecedented level of insights and automation that are transforming the industry in countless ways. From virtual home tours to personalised recommendations, the impact of AI on real estate is hard to overstate.
No matter the size of your house, the living room holds considerable significance given that it marks the entry point of your residence and is where most of your social interactions occur, whether with family, friends, or even official work. Hence, it’s no surprise that we go the extra mile when designing or decorating in what is also known as the drawing room or hall. While we spend a chunk of our budget on building the living room, one must ensure that the living room is Vastu compliant.
Bandra Kurla Complex (BKC) in Mumbai was initially designed as a business district by the Mumbai Metropolitan Region Development Authority (MMRDA) but has since experienced an increase in residential development. It was created to serve as an alternative central business district (CBD) to alleviate congestion in south Mumbai.
Thane, a city in Maharashtra, India, has witnessed rapid development over the past few years. With its strategic location, excellent connectivity, and favourable business environment, Thane has become a preferred destination for homebuyers and investors. The city has risen as a hub of real estate activity in recent years, and the upward trend is expected to continue.