Metaverse has the potential to revolutionize the real estate industry. Here are some of the ways that the metaverse could change real estate:

• Virtual property viewings: In the metaverse, buyers could virtually tour properties from anywhere in the world, without having to travel. This would make it much easier for buyers to find and purchase properties, especially for those who live in remote areas.
• Virtual staging: Real estate agents could use the metaverse to create virtual staging’s of properties, which would allow buyers to see how a property would look with different furniture and décor. This would help buyers to visualize how they would use the space and make it easier for them to make an offer.
• Real estate transactions: The metaverse could also be used to conduct real estate transactions. Smart contracts could be used to automate the process of buying and selling property, which would make it more efficient and secure.
• New real estate opportunities: The metaverse could also create new opportunities for real estate investment and development. For example, developers could create virtual worlds that are specifically designed for real estate use. These worlds could be used for anything from shopping malls to theme parks.

The metaverse is still a new technology, but it has the potential to have a major impact on the real estate industry. As the metaverse continues to develop, we can expect to see even more innovative and exciting applications for real estate.

Here are some additional thoughts on the future of metaverse in real estate:

• The metaverse could make it easier for people to buy and sell real estate in different countries. This could open up new markets for real estate investors and developers.
• The metaverse could create new opportunities for real estate education and training. For example, real estate agents could use the metaverse to give virtual tours of properties or to provide training on how to use real estate software.
• The metaverse could also be used for research and development in the real estate industry. For example, developers could use the metaverse to test new ideas for real estate projects or to simulate the impact of different environmental factors on real estate values.

The metaverse has the potential to revolutionize the real estate industry. As the metaverse continues to develop, we can expect to see even more exciting and innovative applications for real estate in the metaverse.

The recent developments in the housing sector indicate that several high-street banks are willing to waive their first claims to assets and cash flow in order to help new financiers revive struggling housing projects. This move is aimed at addressing the challenges faced by millions of homebuyers across the nation due to unfinished projects.

According to a survey by ANAROCK, as of May 2022, over 4.80 lakh units that were started in 2014 or earlier and over 4.48 lakh crore worth of projects were still under construction in the top 7 cities. The value of unfinished projects in the country is expected to exceed 5.5 lakh crore, as per a banker's estimate.

Historically, banks have been reluctant to relinquish their first entitlement to cash flow in such projects classified as non-performing assets (NPAs). However, given the strengthening real estate market and the potential benefits, some bank CEOs and industry leaders are now open to giving up their rights to new lenders offering priority funding.

ANAROCK data shows that the housing inventory overhang in the top 7 cities has decreased from 42 months in Q1 2018 to just 20 months by the end of Q1 2023, the lowest in the past five years. The inventory overhang represents the number of months it would take to sell the unsold housing stock at the current absorption rate. A healthy inventory overhang is typically considered to be in the range of 18 to 24 months.

The completion of these stalled projects largely depends on new funding from new lenders, as most banks with existing sticky loans to these projects are hesitant to provide additional funding. New capital sources, such as the SWAMIH Fund administered by SBICAP Ventures, are expected to play a crucial role in providing the necessary funding and would naturally expect first access to the cash flow as homebuyers start paying the remaining balance of their purchase price.

The article also mentions that banks are realizing that holding onto their first claim rights has not been beneficial, as the projects have been stranded for years and the project costs have escalated. Banks are now willing to surrender their first claim in projects where the cash flow is expected to be substantial.

In 2022, the majority of stalled or delayed projects were concentrated in the Mumbai Metropolitan Region and the National Capital Region, accounting for 77% of the total. Bangalore, Chennai, and Hyderabad in the southern part of the country represented only 9% of the total projects affected.

Overall, the willingness of banks to give up their rights and prioritize funding for struggling housing projects reflects a shift in their approach and a recognition of the need to address the challenges faced by homebuyers and the potential benefits of reviving these projects in a strengthening real estate market.40,000 residential property buyers in a bind due to his unfinished work, is largely responsible for the steps to resume delayed projects.

The real estate market relied on consumer spending, and in the instance of Amrapali, both the government and banks disregarded their obligations, the supreme court ruled in a landmark decision on July 23, 2019. The court ordered the federal and state governments to take the necessary actions to aid homebuyers who have been similarly duped. Four months following the Supreme Court decision, the SWAMIH Fund was made public.

Are you planning to buy a penthouse in India? Are you looking for that perfect luxurious and world-class living space?

Well, buying a penthouse entails a good deal of consideration, as a sizeable financial investment is involved. As a result, there are many factors one should take into account before investing in a penthouse. Here’s a simple guide to buying a penthouse in India:

What is a Penthouse Apartment?

When you hear the word ‘Penthouse’, descriptors such as spacious rooms, panoramic views of the city, metropolitan skylines, and luxurious living spaces come to mind. The elevation at which the penthouse is located completely silences the hustle and bustle of the city, offering exceptional levels of peace and calm. Penthouses in India offer palatial rooms with efficient layouts, exceptional levels of peace, and high returns on investment. Most penthouses have access to an upper and a lower level with a terrace and/or an outdoor seating area.

Difference Between a Penthouse and an Apartment

• Luxury

When you mention the word penthouse, it conjures up images of sophistication and elegance. Even the location of a penthouse is quite distinct. These living spaces are usually larger than normal apartments and are more spacious, luxurious, grand, and elegant, and most penthouses have an upper and lower level. Residents also enjoy easy access to amenities and facilities of the complex.

• Amenities

A penthouse's design, its layout, and the exquisite amenities offered, often distinguishes it from conventional apartments. Buildings typically have a separate entrance or an elevator to the penthouse door. Vaulted ceilings are a frequent design feature in these homes, making them appear larger than they are. Increased security is often a distinguishing feature that makes penthouses stand apart from normal apartments.

Demand for Penthouse Apartments in India

Investing in real estate, especially a residential property like a spacious penthouse, is a huge decision. The demand for penthouses in India has constantly been on the rise due to a shift in mindset and an increase in the earning potential of the urban population. People in search of luxury and tranquillity find the Adani penthouse apartments extremely appealing. If you are looking for a penthouse in Ahmedabad or Gurgaon, then you are at the right place, as Adani Realty offers some of the most luxurious penthouses.

Trending: Advantages of Buying Pre-launch or New-launch Property in India

Characteristics of a Penthouse Apartment

Features of a luxury penthouse include larger square footage than regular apartments, incredible city views, outdoor space, expanded balconies, better facilities and fixtures, and specialty lighting. They may have two or more storeys if the other units are single-storied. There are fewer load-bearing walls in penthouses, which provides a more customised internal layout. In addition to several other benefits, purchasing a penthouse in India is not only a financial investment but also a symbol of luxury.

Advantages of Buying a Penthouse

• Breath-taking views

Perhaps the most distinctive aspect of purchasing a penthouse is the spectacular views it offers. Most penthouses have floor-to-ceiling windows throughout the living space, which offer some of the best views of the city.

• Great investment

The exclusivity of a penthouse is undoubtedly the most significant benefit that would interest any buyer, making it a good investment opportunity.

• Privacy

The privacy that you can experience in a penthouse is akin to none other. Additionally, these luxurious homes have separate entrances, and the top floor has fewer apartments due to their exceptional size.

Disadvantages of Buying a Penthouse

Although penthouses are luxurious living spaces, they come with few, minor limitations:

• Premium prices

As penthouses are exclusive and luxurious, they are usually priced higher than single-storeyed apartments. Pricing is also dependent on factors such as the city they are located in and the real estate market trends.

• Higher maintenance cost

Penthouses also tend to need higher maintenance costs. Residents may have to pay additional maintenance charges to the building society. As penthouses are more spacious and have an indoor and outdoor area, there are added costs of cleanliness, upkeep of the landscape, changing of the fixtures, etc.

• Extensive elevator rides

Beautiful views come at a cost of relatively longer elevator rides and a fair bit of climbing due to the staircase situated within the apartment, which could possibly be a hassle if you're in a hurry.

Vastu Tips for Penthouse Construction in India

Vastu guidelines suggest that the East and North corners of the penthouse must be spacious while the elevation should be higher on the South and West sides. It is advised to plant a garden in the northeast corner of your house to boost positive vibrations. You must also ensure that the residence is not constructed in the north or the east direction.

Adani Realty offers luxurious 4 and 5 BHK penthouses in Ahmedabad and Gurgaon that are designed to meet your needs and provide maximum comfort. Book a penthouse with Adani today!

Conclusion

Penthouses offer space, luxury, and excellent views, helping you elevate your lifestyle. Adani's Oyster Grande Luxury Apartments in Gurgaon is a breath-taking project spread across 19 acres. There are 20+ amenities, including a fully-equipped gym, a multipurpose hall, and a children's play area. Adani Realty provides magnificent lake-facing 4 BHK and 5 BHK penthouses that are sure to wow you. Adani's Water Lily Apartments & Penthouses in Ahmedabad offer spacious rooms and well-designed common and living areas.

Adani's Shivalik Green View in Ahmedabad also offers a luxurious living experience through their 3 BHK + WFH apartments & 4 BHK + WFH Penthouses.

Come and enjoy the splendour of these residential complexes, featuring a perfect balance between luxury and well-being at Adani Realty!

Trending: RERA Gujarat (GUJRERA) - Essential Things You Need to Know Before You Buy a House

Frequently Asked Questions

1. What is a penthouse?

- A penthouse is a luxury apartment, generally located on the top floor or floors of an apartment complex. It generally comes with its own special amenities and facilities.

2. Is there more than one level in a penthouse?

- Most penthouses have access to an upper and a lower level with a terrace or an outdoor seating area.

3. What are the benefits of buying a penthouse in India?

- Penthouses provide spacious rooms with efficient layouts, a serene ambience, and high investment returns.

4. Is investing in a penthouse in India a wise choice?

- Investing in real estate, especially a residential property like a penthouse, is wise as it offers substantial investment returns. However, most people use penthouses as a medium to elevate their lifestyle.

5. What are the most commercially viable options for buying a penthouse in India?

- Some of the best options for purchasing a penthouse are Oyster Grande Luxury Apartments in Gurugram and Shivalik Green View in Ahmedabad by Adani Realty. These penthouses are designed to provide a luxurious and peaceful living experience to its residents.

6. Do penthouses in India also need to be registered with RERA (Real Estate Regulatory Authority)?

- Yes, all the real estate projects, including penthouses, need to be registered with RERA.

7. Are penthouses a good option for work from home?

- Yes, penthouses are considered one of the best options for work from home, as they offer ample space to let personal and professional lives co-exist in harmony. Adani Realty’s Shivalik Green View offers luxurious 4 BHK + WFH Penthouses.

8. What are the challenges that people looking to buy a penthouse may face?

- Penthouses generally cost more than normal apartments. Since penthouses come with more space than other residential properties, their maintenance costs tend to be slightly higher.

Many goods and services increase in price as a result of inflation, making it harder for certain people to obtain what they require. Inflation affects everyone, including investors and builders. Furthermore, the impact of inflation on real estate is influenced by housing supply and demand.

How Does Inflation Affect Real Estate?

Inflation has a number of effects on real estate. Because of growing wages and more expensive equipment and materials, the cost of building a home has increased dramatically. Investors have struggled to acquire affordable rental residences and expand their rental companies.

When interest rates rise due to inflation, borrowing money from the bank becomes more expensive. As a result, fewer investors may be willing to finance or purchase rental properties. However, as rental house demand has increased, incumbent landlords have been able to hike rental fees, resulting in an affordable housing crisis.

There are, nevertheless, options for investors to invest during periods of excessive inflation. After all, real estate investing is highly reliant on the housing market and the location of the property.

How to Invest During High Times of Inflation

When inflation rates are high, it can be difficult to determine whether investments are worthwhile. Investing in rental properties, despite high mortgage rates, can provide a wealth of opportunities. For example, because demand is higher than typical right now, there are fewer opportunities for prolonged vacancies.

Landlords can also establish rental rates based on the location of their property, additional facilities, and the rate of inflation to ensure that they do not lose money. Overall, because rental properties can gain in value during periods of inflation, they tend to fare well.

Can Real Estate Protect Against Inflation?

Yes, in some cases, real estate can be used as a hedge against inflation. For example, landlords can charge more for their properties during periods of high inflation while paying the same mortgage payment. In turn, this ends up allowing landlords to earn more profit while others are paying higher housing costs.

Furthermore, house prices tend to rise with time, allowing investors to profit from the inflationary effect on real estate. The impact of inflation on debt- When home values rise, the loan-to-value ratio of property mortgage debt decreases. In other words, the value of your rental property increases while your mortgage payments remain unchanged.

Investors with multiple rental properties might take advantage of short-term lease agreements to raise costs and generate more money. For example, if you increase your monthly rent while maintaining your mortgage payment, you will have extra money in your pocket.

In this digital age, technology has revolutionized the way we conduct various activities, including buying real estate. Online platforms like TopPropMart have made it easier for individuals to explore, evaluate, and purchase properties from the comfort of their homes. 

Step 1: Create an Account

To begin your property search, visit the TopPropMart website and create a free account. Fill in the required information, such as your name, email address, and contact details. Once you've completed the registration process, log in to your newly created account.

Step 2: Define your Property Requirements

Before delving into property listings, it's crucial to define your requirements. Consider factors like location, budget, property type (apartment, house, commercial), and any specific amenities or features you desire. The TopPropMart dashboard allows you to filter search results based on these criteria, saving you time and effort.

Step 3: Explore Property Listings

Once you've identified your preferences, navigate to the property listings section on the dashboard. Use the search filters to narrow down the results according to your requirements. Browse through property descriptions, high-quality images, floor plans, and other essential details provided by the sellers. Take note of properties that catch your interest.

Step 4: Virtual Tours and Inspections

TopPropMart offers a unique feature: virtual tours. Take advantage of this functionality to virtually explore properties of interest. Utilize the dashboard's interactive tools to view different areas of the property and get a feel for the space. If a particular property piques your interest, you can also schedule an in-person inspection at your convenience.

Step 5: Communicate with Sellers

Found a property that matches your needs? Use the TopPropMart dashboard to communicate directly with the sellers or their authorized agents. You can inquire about additional details, negotiate prices, discuss terms, and address any concerns you may have. The dashboard ensures a seamless communication channel between buyers and sellers.

Step 6: Documentation and Financials

Once you've finalized your decision to purchase a property, it's time to proceed with the necessary paperwork and financial arrangements. TopPropMart offers secure document management features that enable you to upload and share essential documents, such as agreements, identification, and financial statements. Collaborate with the sellers and complete the required formalities within the dashboard.

Step 7: Secure Transactions

When it comes to financial transactions, TopPropMart prioritizes security and provides a trusted payment gateway. The dashboard facilitates secure online payments, ensuring that your financial information is protected. Follow the instructions provided to complete the transaction and secure your property purchase.

Step 8: After-sales Support

Congratulations on your successful property purchase! Even after the transaction is completed, TopPropMart continues to provide after-sales support. You can reach out to the support team through the dashboard for any assistance or guidance you may require during the handover process or for any post-purchase queries.

Buying property online has become a convenient and efficient process with platforms like TopPropMart. The intuitive dashboard and its comprehensive features empower buyers to explore, evaluate, and purchase properties seamlessly. By following the steps outlined in this guide, you can confidently navigate the TopPropMart dashboard and make informed decisions when purchasing your dream property. Happy property hunting!

In February, an image went viral showing a large crowd gathered at the office of real estate developer DLF after the launch of a new project. The rush was to purchase a flat in that project, which was priced at 7 crore. DLF confirmed last week that it had sold 1,137 such projects in its Gurgaon unit.

This is not a one-time occurrence. According to Knight Frank data, the average value of properties registered in Mumbai in February 2023 was 1.9 crore, which is 65% more than the average value of properties registered in February 2022, which was 1.18 crore.

The demand for luxury housing in India has recently been extremely high. There is nothing that money cannot buy when it comes to luxury housing. Think heated pools and spas, community gardens where you can grow your own herbs and veggies, a 24x7 clubhouse with pool tables, games, a business centre and a coffee bar, a fitness centre with high end cardio and strength training equipment.

"If we define 2 crore and above as the general reference point for luxury housing, there was an offtake of nearly 6,000 units in the top seven cities in the last quarter with a gross sales value of nearly 22,000 crore." There has been a new supply of approximately 12,800 units in the top seven cities during this time period.

In terms of sales share, the Mumbai Metropolitan Region (MMR) and National Capital Region (NCR) are at the top of the list, accounting for more than half of the total. This is followed by Bangalore and Pune, which have a 20% and 15% market share, respectively. In the luxury segment, Hyderabad and Ahmedabad had less than a 10% share. "Demand for luxury housing in India has recently increased." The expansion of the Indian economy, which has created a new class of wealthy individuals with high purchasing power, is one of the primary reasons for this. They are willing to invest in premium living spaces that provide exclusive amenities, first-rate services, and cutting-edge facilities," says Anuj Puri, chairman of Anarock Group, a real estate services firm.

Another reason for the increased demand for luxury housing in India is the urban population's changing lifestyles and aspirations. "Many people are seeking a luxurious and comfortable living experience, which has led to an increase in demand for high-end residential properties with a variety of amenities, such as swimming pools, fitness centres, and spas."

The Covid-19 pandemic has also increased the demand for luxury housing in India. The pandemic has influenced how people live and work, with many people seeking larger homes with more space to accommodate work-from-home arrangements and other lifestyle changes.

The government's recent move in the Union Budget 2023-24, which will go into effect in April 2023, could be a major factor in high sales of high-priced homes in Mumbai and other major cities.

If a person sells a house or other assets, including equities, and his or her gains exceed 10 crore, the maximum benefit that he or she can receive when investing in another property is only up to 10 crore. Capital gains of more than ten crore rupees will be taxed beginning in April 2023.

"As a result, high net worth individuals (HNIs) across top cities, including Mumbai, are rushing to close luxury housing deals before the fiscal year ends in March," says Puri.

"In the context of India, luxury properties typically refer to high-end residential properties that offer a variety of amenities and features." These properties are in prime locations, upmarket neighborhoods, or central business districts, and are designed with a focus on providing a luxurious and comfortable living experience to their residents," says Amit Goyal, CEO of the luxury estate brand Sotheby's International Realty in India.

There is no single definition of luxury housing, and it varies by city, depending on the local real estate market.

"For example, luxury housing in Mumbai may refer to high-rise apartments with ocean views, whereas luxury housing in Delhi may refer to large villas with private gardens and swimming pools." Similarly, luxury housing in Bangalore may include gated communities with world-class sports facilities and spas," Puri says.

According to officials, the Uttar Pradesh Cricket Association (UPCA) has approved a proposal to build an international-level cricket stadium in Noida. It will have a seating capacity of 35,000 people. Lotus Greens Constructions will build it in Sector 150, near the Noida-Greater Noida Expressway. According to UPCA CEO, a list of basic requirements has been shared with the developer.

The state government plans to resurrect the affordable rental housing scheme for people from economically disadvantaged backgrounds.

The urban development department identified 27 towns in Uttar Pradesh where housing units will be provided to skilled and unskilled laborers who are forced to live in slums or roadside shanties.

Individuals with a monthly income of less than Rs 25,000 will be eligible for rental housing, with the local administration and urban body having the option of redefining the income criteria based on local dynamics.

Local governments have been asked to conduct surveys to determine whether affordable housing is required to improve the living conditions of the urban poor.

The properties will be offered to the interested party on a 25-year concession period. "The national average monthly rent for a single room unit is Rs 3,000" said an officer. As part of the PM Awas Yojana, the state government launched a survey to establish affordable rental housing complexes in 100 cities across Uttar Pradesh.

Neha Sharma, director of urban local bodies, stated that the state urban development authority will assist local bodies in identifying sites and existing housing projects that can be retrofitted to be suitable for urban poor housing.

Officials announced on Monday that people can now check details like completion certificate, occupancy certificate, number of flats, or pending dues of any group housing project in Noida online.

The details can be found on the Noida Authority's website, www.noidaauthorityonline.in, under the heading 'Group Housing Builder Projects Information,' they said.

Prasun Dwivedi, Noida Authority's officer on special duty (Group Housing), statedthat the section was added to the website on Monday and is intended to promote transparency and e-governance in the public interest.

"The complete details of the projects of group housing such as project-wise OC and CC, pending dues, updated status of sub lease documents, total sanctioned flats, etc. have been displayed live on the official website to make the general public aware about the housing projects," Dwivedi said.

He stated that the general public can use the information about housing projects to buy and sell flats based on their needs.

According to Dwivedi, "We had received feedback from many people who felt the need for such a mechanism to assist them. This system for real-time updates on housing projects has been in the works for a few months."

"The system went live today, and we will continue to improve it to improve the user experience. It may not be completely accurate right now, but it will be constantly improved in the coming days, and details will be updated on a regular basis "The OSD was added.

According to rating agency ICRA, housing sales in volume terms increased 11% in the third quarter of this fiscal year across seven cities due to increased demand. "The reported sales in Q3 FY2023 in the top seven cities in India are the highest quarterly sales recorded in over ten years," ICRA said.

The residential real estate sector saw strong demand in Q3 of FY2023, with an 11% year-on-year (YoY) increase in area sold. The area sold in the first nine months of FY23 increased to 412 msf, up from 307 msf in the same period last year.

ICRA observed a gradual shift in the overall segment-wise composition following the pandemic, with a rise in the share of the luxury and mid segments to overall sales across the top seven cities — Bengaluru, Chennai, Hyderabad, Kolkata, Mumbai Metropolitan Region (MMR), National Capital Region (NCR), and Pune.

The contribution of the luxury and mid segments to overall sales has increased from 14% and 36%, respectively, in FY20 to 16% and 42%, respectively, in April-December of FY23.

"The value of the area sold in the residential real estate sector is expected to grow by 8-12% in FY23 and a further 14-16% in FY24," said Anupama Reddy, Vice President and Co-Group Head - Corporate Ratings at ICRA.

Based on a sample of the top 12 listed real estate developers. The preference for larger spaces/upgrades and home ownership is expected to continue. Despite the RBI's rate hikes during the current fiscal year, home loan interest rates are still lower than the peak pre-Covid interest rates, and affordability remains healthy, according to the rating agency.

"While low inventory overhang and calibrated launches benefit developers, the impact of a slowing job market and higher interest rates on affordability pose risks," Reddy said.

Unsold inventory levels fell to 839 msf in December 2022, down from 923 msf in December 2021. As a result, the years-to-sell (YTS) for unsold inventory fell to a decade low of 1.5 years, according to ICRA. Furthermore, the rating agency stated that the average sale price increased by 10% year on year in Q3 of FY23, owing to the partial pass-through of increased input costs as well as a change in product mix with a higher share of luxury units.

Pre-leased properties are those, which already have tenants and ensure fixed income or assured returns. These properties offer a number of advantages, including higher capital appreciation, consistent income, and zero waiting periods. Before purchasing these properties, nevertheless, one must conduct their due diligence. Here is a quick overview of pre-leased homes and their unique features.

Pre-leased properties have gained popularity throughout the years, particularly in the commercial real estate market. Pre-leased properties, to put it simply, are ones that are already leased out at the time of sale and the investor keeps the lease in place to continue earning regular profits.

Commercial properties often come in freehold (buyer receives the exclusive property and land ownership) and leasehold (from government organizations like MIDC with 99-year tenures) forms. In India, the freehold sector is where pre-leased commercial deals are most frequently seen.

Pre-leased properties have a number of benefits, including the following:

Zero waiting periods: Returns for properties with pre-leased tenants can be earned immediately. Investors instantly begin to make monthly rentals from these properties after the lease deed is transferred because they already have tenants occupying them.

Capital appreciation: Pre-leased property values typically rise significantly when compared to empty ones. Prime properties with excellent amenities and infrastructure could also appreciate more. Therefore, buyers with longer investment horizons may profit from strong capital value appreciation.

Monthly income assurance: The investor's legal right to collect monthly rentals is included in the lease transfer of the commercial property.

High liquidity: Pre-leased commercial properties are simple to sell, despite the fact that finding a buyer in real estate might be difficult. These assets are popular among investors, ensuring greater liquidity.

Rental discounting facility: Lessors have the option of applying for low-interest term loans against the rental revenue of their commercial property that has already been pre-leased. Lessors will be able to sell the property for more money and get the monthly rentals at a lower price as a result.

Rental increase: Buyers do not need to be concerned about rental growth with these investments. Renewals of the contract also guarantee regular rent increases.

Less risk: Since pre-leased properties provide guaranteed income and substantial profits, investors incur fewer risks when purchasing them. There is always a potential that tenants will leave these properties before the contract expires.

Investor concerns in regard to pre-leased properties

Before making an investment in a property that has already been leased, you need address a few problems.

Greater capital value: Pre-leased real estate always has a higher market value than unoccupied commercial space. The price disparity between these two properties should be considered by buyers before making a choice.

Tenant quality: Before finalizing the contract, investors should evaluate the tenant's credibility and financial standing, as well as their credit history. The goal is to guarantee prompt rental payments from them.

Lease duration: Since it takes time to find new tenants, it is essential to review the commercial lease term. Make sure the lease has a longer term.

Before investing your hard-earned money, make sure to research the lease terms, tenant information, and property values of nearby comparable properties. Pre-leased properties might become lucrative investments in the future if you play your cards well.

Long-term investing requires proper homework because it does not offer many opportunities to overcome losses if investment goals are not met. According to tax and investment experts, when investing for the long term, one should first of all consider an option that can beat the average increase in inflation. It means that your investment vehicle should generate more than 6-7 percent annually. The performance of small savings schemes supported by the government has fallen over the last decade and people have started looking for other options like stock market, mutual funds, real estate etc.

According to investment experts, investing in mutual funds gives a return of at least 12 percent in the long run, while real estate investments give a return of around 8 percent in the long run. However, there is rental income associated with the property, which the investor can still invest in SIP mutual funds. Therefore, if an investor does not want to invest directly in the stock market, he can consider investing in mutual funds or real estate. But when an investor has to choose between them, the situation can become complicated.

Let's talk about mutual funds versus real estate; Pankaj Mathpal, MD and CEO, Optima Money Managers said andquot: If one has a surplus to invest, then in terms of returns, mutual funds are a better option for a long-term investor as they have a return of around 12 percent over the long term.15 years or more. However, in terms of real estate, the expected annual return in the long term would be around 8 percent. In addition, the liquidity of fund investments is easy, as money can be realized with a single digital click. But in relation to real estate, the realization and investment of one would be a bit long-term, because it is a physical process rather than a digital one, and in the case of real estate, there is no partial withdrawal.

Echoing the views of Pankaj Mathpaland; Co-founder and CEO of FinMap Kumar Binit said andquot; Real estate investments do not entitle the investor to earn interest if the investor receives interest. Managing mutual funds is much easier; Once you have invested for a certain period, you just need to check it from time to time. In addition, financial investing is now completely paperless, which makes it very convenient. There are several steps to managing your investment property after you buy it.

However, SEBI registered tax and investment specialist Jitendra Solanki said that real estate investment in commercial properties can facilitate the diversification and portfolio of investors if the rental income is invested in mutual funds under SIP mode.

After annual maintenance and payment of various service taxes, the average rent for a residential property would decrease by approximately 2.50 percent per annum, while for a commercial property, it would decrease by approximately 8 percent. So if an investor invests ₹ 30,000 in mutual funds, it would convert into around ₹ 1.65 lakh after 15 years at 12% annual interest. Similarly, 30 lakhs in real estate would turn into around 95 lakhs at 8% annual return (irrespective of residential or commercial property).

Rental income from residential and commercial premises is included for properties valued at Rs 30 lakh; Jitendra Solanki said andquot: While the monthly rental income for a residential property falls to around ₹ 6,250 [(2.5% of ₹ 30 lakh)/12], it jumps to close to ₹ 20,000 [(8% of ₹ 30 lakh))/12 ] for commercial property. So if an investor invests ₹ 30,000 in a commercial property, his monthly rental income would be ₹ 20,000. If this ₹ 20,000 is invested in a monthly SIP, it will accumulate to around ₹ 1 crore after 15 years. So the total profit for one and #039 commercial real estate would be around ₹ 1.95 per ₹ 1.65 equity funds over the same period. In addition, the investor has a diversified portfolio with the possibility of partial withdrawal through investment funds and one-time withdrawal of real estate. 

Jitendra Solanki said that a lot depends on the choice of the investor, whether he is interested in a diversified portfolio with partial and one-time withdrawals or a simple investment option with maximum liquidity and easy withdrawal and investment. For an investor interested in a diversified portfolio, it is better to invest in commercial real estate using mutual fund SIP rental income, while for those who want to facilitate investment and grow their investment, investing in mutual funds would be a better option, said Solanki. 

According to the data, the average size of apartments in the top 7 cities increased from 1,175 square feet in 2022 to 1,300 square feet last year. The expansion of average flat sizes and the growing demand for larger homes may have both social and economic implications within the housing market. This trend may continue in the foreseeable future because - 

Economic Factors: Stability and economic growth may be factors in the growing demand for larger homes. People might be more willing to spend money on bigger, cosier homes as their financial circumstances improve.

Changing Preferences: Homebuyers may be expressing a preference for more spacious living arrangements, possibly driven by a desire for more comfort, flexibility, or the ability to accommodate remote work.

Remote Work Trends: The need for larger homes may be influenced by the increase in remote work. There may be a need for additional rooms for different uses or dedicated office spaces as more people choose to work from home.

Family Needs: The need for larger homes may be influenced by shifts in family dynamics, such as an increase in multigenerational households or a desire for more adaptable living arrangements.

Affordability: The affordability of larger homes can also be influenced by housing market conditions and economic factors. Greater affordability could lead to a rise in the number of people choosing larger living areas.

Urbanization Trends: Urbanization patterns may play a role, with some individuals and families seeking larger homes in suburban or less densely populated areas.

Technology is being embraced by all industries in the World & Real Estate industry is not far behind. This industry is catching up with the latest technology & has shown tremendous progress in the recent years.s As real estate industry is inspired by the Internet of Things (IoT), artificial intelligence, and all things creative, TopPropMart being one of the fastest-growing real tech startups has leveraged the use of technology in all its aspects.

• 92% of home buyers search online to find their dream home.

• 82% of real estate market investors trust online agents as a reliable source of information.

• 42% have resorted to the Internet as their first search medium. 

With the increase in technological advancements, they have added multiple features to the platform making it secure and safe. TopPropMart has created multiple channels to support customers with tech support in terms of Loan, Legal services, On-demand home cleaning, and Ola cabs, to name a few. These tie-ups assist customers avoid indecisiveness due to lack of trust and transparency in Real Estate.

TopPropMart that took off with humble beginnings has now expanded in multiple cities with USD 12 Million in Gross Transactional Value, in a short span of 3 years. Keeping demand and supply in mind, TopPropMart has listed more than 15+ A Class developers across 40+ locations catering to an average of 35,000 hits on the website annually.

TopPropMart platform offers an integrated consumer experience & covers the full real-estate journey from search & discovery, transactions, home loans, legal advice, property management, and post-sales services – fully integrating buyers to an extensive network of 111+ Projects, US$ 12M+ Investment, 15+ A-Class builders, 40+ Locations, 99+ Investors. 

Technology advancements starting from listing of Curated properties, first-to-market transparent pricing, easy global search with floor and view filters to end-to-end service dashboard, all are taken care. For real estate buying, the company has partnered with close to 10+ financial institutions to provide instant home loans to customers on its platform and tie up with other financial and startup platforms to get legal support.