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Keeping it Real by Housing.com - Episode 34: Navigating the Rental Resurgence & Financial Clarity
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In this this compelling episode, we sit down with Mr. Vikas Wadhawan, the Chief Financial Officer of REA INDIA and the Business Head of Proptiger.com. Join us as we navigate through the resurgence of rental activity in the real estate market.
Commercial towers are buzzing with life again, driven by economic activity and office footfalls. Housing.com’s Rental Insights report reveals a robust recovery since 2021, thanks to businesses reopening and flexible work policies.
The IRIS index, measuring rental demand in 42 key cities, has consistently surpassed 100 points since June 2021, reaching a nine-month peak at 131 points by mid-2023. Major cities like Gurugram, Pune, Bengaluru, and Hyderabad show a strong resurgence, maintaining index scores exceeding 200 points.
In our next segment, we untangle the confusion between stamp duty and registration fees in real estate. Stamp duty is a state tax on transactions, while registration fees cover the cost of officially registering the property. Gain clarity on these financial essentials to navigate the real estate landscape with confidence.
Don't miss the keys to your dream home—tune in now!
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