Property Investment

Property brokerage firm InvestoXpert revenue up 56% in FY24 on better sales

Real estate brokerage firm InvestoXpert's revenue rose 56 per cent in the last fiscal to Rs 56 crore as it facilitated sales of properties valued more than Rs 2,000 crore on strong housing demand. Its revenue stood at Rs 36 crore in 2022-23. In a statement, Noida-based InvestoXpert said the company facilitated sales amounting to Rs 2,050 crore during the last fiscal, up 95 per cent year-on-year. The better performance in sales translated into robust revenue growth, it added. Vishal Raheja, Founder & MD of InvestoXpert said, "This achievement underscores our commitment to excellence and innovation in the real estate sector. As we look ahead, we are confident in our ability to continue this upward trajectory, with ambitious targets set for the upcoming financial year". He said the demand for luxury homes has risen significantly. Raheja said the second and fourth quarters collectively accounted for almost 70 per cent of the business, underscoring the seasonal variations in the real

Getaway in the greens: What it takes to plan and design a farmhouse

It will be your second home and earn money by being put up for rent sometimes

Fractional ownership of property as investment tool to get boost: Experts

Market regulator Sebi's decision to allow the setting up of small and medium REITs will help regulate and propel the growth of new-age investment avenue called fractional ownership of rent yielding real estate assets, according to industry players. Real estate technology platforms facilitating fractional ownership of rent-yielding properties welcomed the Sebi decision to regulate fractional ownership real estate market, which is still at a nascent stage in India. Proptech platforms such as YOURS, ALYF, hBits, and WiseX are helping investors in having fractional ownership of primarily office and luxury holiday homes assets. Real estate consultants like Square Yards and 360 Realtors have also entered into this space. On Saturday, the Sebi board approved amendments to REITs (Real Estate Investment Trusts) Regulations, 2014 in order to create a regulatory framework for the facilitation of Small and Medium REITs (SM REITs), with an asset value of at least Rs 50 crore vis-a-vis minimum .

Home sales in India this year to be 30% higher than in 2022: Colliers

Industry numbers show that home sales this year have already crossed the total sales in 2022, the consultancy said

Planning to buy a premium property? The location holds key to value

Buy property in a much sought-after area where potential for supply expansion is limited

Don't lose the plot while buying land: Hire a lawyer to verify legal title

Plots don't age, offer better RoI than apartments

Realty of coronavirus: Big developers to gain, small ones may go bust

Consolidation in real estate industry since 2012 is likely to strengthen after the pandemic ends, say analysts.

Your Money: Avoid withdrawing provident fund money to buy a house

If your age is less than 35, it might still make sense

Your money: Investing in a house turns less attractive

The Budget announcements have reduced the incentives for property investments