Real Estate Archives - Esspee Group

Affordable Housing May Help Revive Real Estate

When one thinks of real estate, often the primary focus is commercial real estate or luxury housing. But as the real estate business faces one of the biggest challenges in recent times, the key to resolving this problem may lie in affordable housing. What is Affordable Housing? In India, affordable housing is defined as a house or flat with a carpet area of up to 90 square metres in non-metros and 60 square metres in metropolitan cities, with an estimated value of up to Rs. 45 lakhs. Both the Government and the RBI have taken many steps to boost this…

Why Investing In Mixed-use Property Projects Is A Win-win For Customers

April 23, 2021
Esspee Group
Property in Vadodara, Property Investment, Real Estate

Residential apartments with commercial spaces also known as mixed-use property projects offer the best of residential and commercial investment. If you are considering buying a home or a commercial space, then you might just want to look at a mixed-use property. Here’s why: Best of both worlds As more developers have started launching mixed-use projects, it has helped them offer a diversified opportunity for investment. It gives buyers an opportunity to stay close to the workplace and have social infrastructure within easy reach. The goal of mixed-use developments is to offer every convenience possible in one area. From easy availability…

Avoid Buyers Remorse When Investing In Vadodara Real Estate

March 25, 2021
Esspee Group
Property in Vadodara, Property Investment, Real Estate

Homebuyers remorse is real and avoidable. Wouldn’t you hate it if you start having second thoughts once you have signed the documents and sealed the deal for your home? Did you act in haste and are feeling gypped? Hundreds of questions will haunt you and you will never feel confident in your decision if you have made a hasty purchase. After all, this is real estate, not a garment that you can exchange or easily toss aside. Here are some tips that can protect you from heartburn and possibly save you from being swindled: 1. Builders’ reputation There are several…

2021 Budget Impact on Real Estate and Home Buyers

February is always an exciting month for the common man. We eagerly wait for the Union Budget and forecast as it sets the tone for investment and expenditure every financial year. This year was especially crucial as people had high hopes and expectations in the post-COVID context. For real estate, the announcements were a bit of a mixed bag with benefits for homebuyers but limited benefits for the real estate sector on the whole. So, how do home buyers benefit from the budget? For one the Union Budget 2021 has extended the provision for the additional deduction of Rs.1.5 lakh…

Investment Tips for Real Estate in Vadodara

December 30, 2020
Esspee Group
Real Estate

Vadodara, the cultural hub of Gujarat holds a unique position as an education centre, residential city and a haven for peace-loving people. Canopied by Banyan trees (where the name Vadodara literally comes from the word Banyan tree), and situated strategically at close proximity to Surat, Mumbai and Ahmedabad, there are many reasons to invest in Vadodara real estate. Since the realty market in Vadodara is growing at a rapid pace, the capital values are not at the peak levels. This is why investors across India and internationally are investing in Vadodara real estate before the prices escalate further. 1. Research,…

Global Uncertainty And Slump Provide Good Opportunity For NRIs To Invest In Property

July 16, 2020
Esspee Group
NRI Investment, Property Investment, Real Estate

There is some priceless investment advice that says one should invest when the market is down and the prices are low. The real estate sector in India just like other industries is on the mend after the massive hit from COVID-19. Some positive estimates suggest that the market will recover in a span of six to nine months, once the lockdown is fully lifted. India is one of the only two major nations which has GDP growth prospects, regardless of the pandemic, as both IMF and UN have projected that India and China have the potential to bounce back in…

Architects Rethink Design And Space As The Pandemic Throws Up New Challenges

Disruption is the natural order of things when a calamity like the COVID-19 strikes. There has been a significant impact on every sector and industry including real estate. From hotels to residential spaces, luxury real estate to commercial architects are rethinking the designs and spaces all because of the distancing aspect of the pandemic. Here’s what you can expect to start seeing soon: 1. Home design It won’t be surprising if the homes of the future have a special disinfection station. A space where you can put down your groceries, courier and packages somewhat like a self-contained foyer. The material…

Impact Of COVID-19 On The Real Estate Sector

Just like all other segments of the economy, the real estate market too is reeling under the impact of COVID-19 pandemic. But there is a silver lining despite all the fear mongering and panic. The pandemic is likely to show many opportunities for buyers and sellers alike. The luxury housing sector may see a reduction in prices while developers may also offer attractive freebies and discounts to those investing in the mid segment. Some of these may include deferred payment plans or even a free Corona insurance in the wake of this new normal. Affordable housing may also see a…

Is Indian Real Estate Prepared For Climate Change?

Climate change is no longer a butt of meme jokes anymore. The impact may not affect a large number of people at the present moment, but the signs have already arrived since many years: Inordinate rainfall, temperature variations, water problems etc. It is just that our limited attention spans have not registered this environmental anomaly which will stare us at our face in the coming decades. So the question is: Is Indian Real Estate prepared for climate change? The short answer? No. The lengthy answer requires a brief sketch of the core of the topic: Has the Govt created any…

Strategies to Beat Real Estate Slowdown

January 24, 2020
Esspee Group
Real Estate

The real estate slowdown is underway, blowing away many small and medium scale players like a bowling ball rolling over nine pins. The situation, seemingly, appears grim. With unsold inventory pilling up and even with massive money pumped in advertising, nothing seems to work. Yet, a silver lining can always be found in examples we shall describe here, but before we do, it is important to understand that changes in consumer preferences, macro-economic realities and market liquidity means small and medium scale businesses of today have to come up with solutions which are grounded in reality. The top nine real…