Here are the projects that stood as the most demanded ones across Mumbai for the week.

Here are the projects that stood as the most demanded ones across Mumbai for the week.

Home-safety solutions have evolved from being just the physical one to being intelligence when needed

Annual Percentage Rate is the rate which is charged for a tenure of a year, and also which is mentioned in the loan agreement.

Wooden flooring is known to have an insulation to extreme temperature, they are not cold in winters or warm in summers, unlike the marble flooring. But the urban dwelling is following suit of installing wooden flooring because of the comfort and aesthetics it offers. They are known to have a high maintenance cost.

This is the most important document in the entire transaction, as this acts as a proof for the transferring of the ownership from the developer to the home-buyer. This document is a legal binding and thus, registering the sale deed with the authorities is mandatory.

The term is used for the ‘practically useable floor-space and not what it seems on paper. Usually, useable carpet is area excluding the space used by cupboards, kitchen platforms etc.

The carnage after the wake of Demonetization, RERA and the GST, led the Indian markets to speculate the tension concerning the real estate sector. It might seem truly tense to the Fat-Indian gentry, who may use the realty to stash their unaccounted income and hike up the property market. Instead, what the experts foresee is the rise of the service class and their quest to home themselves. It is a shift towards a fairer, and a more accommodative market, the Indian properties show no sign to fade away in their face value, believes Mint, an economic daily.

AI in real-estate opens up many unexplored avenues which the unorganised sector took for granted, especially in India. Still, we see issues like town-planning, sewage, availability of basic resources etc. been handled manually my government officials, where there is a high likeliness, bureaucracy and traditional corruption will appear to hobble the development. When this is just the start, one can imagine that on about multiple steps where getting accurate information or approvals get crucial, AI has a strong part to play.