Name: Wedding Photography Kolkata
Brand: Memories Designer
Rating: 4.8 (1479 reviews)

RERA (Real Estate Regulatory Authority) became functional in West Bengal in June 2018, under the West Bengal Housing Industry Regulation Act, 2017. It regulates the real estate sector, protects homebuyer interests, and ensures transparency and accountability. Developers must register projects, provide accurate information, maintain an escrow account, and comply with regulations. RERA has brought transparency and accountability to the real estate sector, making it safer for homebuyers.

West Bengal government has announced to extend a 2% rebate on stamp duty and a 10% rebate on circle rates of land or property till September 30, 2023. The announcement was made by Chandrima Bhattacharya, independent charge state minister of the finance department while presenting West Bengal Budget 2023-24.

Real estate in India in 2023 looks promising, with a focus on sustainable and affordable housing. The government's initiatives such as RERA, PMAY, and REITs have brought transparency and investments to the sector. With the rise of technology and digitalization, the real estate industry is adopting new technologies such as AI, IoT, and 3D printing to enhance construction and operations. The demand for office spaces and co-living spaces is expected to increase, along with the growth of the warehousing and logistics sectors.

1. Affordable Housing: With the government's focus on affordable housing, real estate developers are launching more projects that cater to the needs of the middle-income group.
2. Co-living Spaces: The demand for co-living spaces is on the rise, especially among millennials, who prefer shared living spaces that offer flexibility and affordability.
3. Technology Adoption: The real estate industry is adopting new technologies such as AI, IoT, and 3D printing to enhance construction and operations, resulting in better efficiency and cost savings.
4. Green Buildings: With climate change becoming a global concern, real estate developers are incorporating sustainable practices and building green buildings that are energy-efficient and eco-friendly.
5. Flexible Workspaces: The demand for flexible workspaces, such as coworking spaces and serviced offices, is increasing as more businesses adopt remote work policies.
6. E-commerce and Logistics: The rapid growth of e-commerce has led to an increase in demand for warehousing and logistics space, leading to the development of industrial parks and logistics hubs.
7. Real Estate Investment Trusts (REITs): The introduction of REITs has provided an opportunity for investors to invest in the real estate market, resulting in increased transparency and liquidity in the sector.

Trends That Are Shaping The Indian Real Estate Market:

 According to a recent Colliers research, India's real estate market has seen a tremendous increase in institutional foreign investment totaling $26.6 billion. Between 2017 and 2022, this amounts to a threefold rise.

Foreign Inflows To Indian Real Estate Rise To $26.6 Billion

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Memories Designer

Discover the artistry of Memories Designer, a talented photographer dedicated to creating stunning images that capture the essence of your memories.

Wedding Photography Kolkata

Abhishek Chattejee

Heartfelt thanks to the team. We came across their work from social media and decided to go with them.  Apart from the photography, the process of booking and deliverable items were transparent right from the booking phase. Moumita and team was very helpful and patient in the process of identifying and editing of photos and videos. Quality of deliverables were real nice. I wouldn't say they are the best photographers or editors in the world, but they're probably the most friendly ones. We're very satisfied with what we got from pre wedding to the wedding album. Thanks for making our memories designed :)

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Latest Announcements

RERA Becomes Functional In West Bengal

Government Extends Rebate On Stamp

Future Of Real Estate In India 2023

Trends That Are Shaping The Indian Real Estate Market:

Foreign Inflows To Indian Real Estate Rise To $26.6 Billion

Get Latest News

Latest Announcements

RERA Becomes Functional In West Bengal

Government Extends Rebate On Stamp

Future Of Real Estate In India 2023

Trends That Are Shaping The Indian Real Estate Market:

Foreign Inflows To Indian Real Estate Rise To $26.6 Billion

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