SOBHA

Pradhan Mantri Awas Yojana: A Step in the Right Direction

With the vision of changing the Indian economy to provide the basic necessity of a roof over one’s head, Prime Minister Narendra Modi launched the Pradhan Mantri Awas Yojana (PMAY) on 25th June 2015. PMAY is an ambitious project that envisions the government’s promise of ‘Housing for All’ by 2022.  This scheme comes with an […]

SOBHA

Industrial corridors around Bangalore

The influx of technology and global investment has initiated a new model of industrial growth in India that is supported by the development of industrial corridors. The industrial corridors planned by the Government of India will not only connect major cities, but will also be the main driver behind ‘Make-In-India’ by guaranteeing flawless connectivity. It […]

SOBHA

The Real Estate Regulatory Act: An update so far

The need to have a regulatory authority in real estate was long awaited and was finally implemented last year in May 1st 2016, after its proposal in January 2009. It might have taken 8years for the Act to come into play; however this Act is touted to bring in the biggest reform in the system. […]

SOBHA

Policy changes have added momentum to Indian real estate sector

Evolution is the term that comes to mind, when one examines the real estate sector in India. Regular developments in the sector have not only propelled the Indian Real Estate to the second largest employment generator in the country but also marked its prominence as an industry that contributes to 6 percent of India’s gross […]

SOBHA

High-risers are trending in Indian real estate

Just when we felt we have seen it all from luxury villas, gated apartments, giant commercial projects, the industry began revolutionizing with the influx of an array of high-rise condominiums. These high- risers are redefining the parameters of luxury at every step. Even more interesting is the fact that many old apartments are being replaced […]

SOBHA

Useful tips for buying properties for earning rental income

Real estate has been a popular investment choice and it has paid off handsomely for many people. Real estate investments can provide you with both capital and income gains. However, it is important that one goes with eyes wide open while buying a property for rental income—acknowledging the potential advantages and disadvantages. Before finalizing the […]

SOBHA

Understanding ‘affordable housing’

The announcement of the Pradhan Mantri Awas Yojana (PMAY) scheme marked the beginning of the shift of focus to low-income housing. Earlier known as the ‘Housing for All’ scheme, this proposal aims at maximizing housing facilities to Indians across the spectrum. As the phrase indicates, this segment refers to a segment of properties that are reasonably priced. But […]

SOBHA

International quality delivered timely

Ask any individual evaluating a property purchase – what the key deciding factors are and the response is almost immediate – good quality construction and timely delivery of the project. Over the last 20 years, SOBHA has played a crucial role in revolutionising the real estate industry in India by consistently delivering international quality homes […]

SOBHA

Buying property now in India is the best bet for NRI’s

The Non Resident Indian (NRI) popula­tion, estimated to be over 12 million, has been growing rapidly over the past decades. Better social infrastructure, improved standard of living, and higher currency valuation in countries such as US, Europe, Middle East etc. are some of the points of attraction. After significant years of savings, NRIs invest back […]

SOBHA

A strong budget for revival of real estate sector

Over the last two years, Union Budgets have played a pivotal role in putting the spotlight on the Indian realty and infrastructure sectors. Several regulatory reforms such as RERA, relaxation of FDI norms, REITs and InvITs, land records digitisation, Benami Act, GST, housing for all, tax relief for affordable housing etc. have given a considerable […]