Fortune Multitech

By incorporating small changes, as prescribed under the ancient study of architecture, Vastu, our homes could be turned into a more positive territory. Here is today’s Vastu tip.

According to media reports, Indian cricket team captain Virat Kohli has cancelled the sale deed of an uber-luxury sky bungalow he bought for Rs 34 crore in 2016 from Omkar Realtors. The Indian skipper, who is currently living with actor wife Anushka Sharma at a plush rented apartment in Mumbai’s Worli at a monthly rental of Rs 15 lakh, is now planning to buy a penthouse at Bandra or Versova, some of the most posh localities in Mumbai, a city that is counted among the most unaffordable property markets in the world.

The Yamuna Expressway Industrial Development Authority has signed pacts with as many as 28 private players who promised to invest as much as Rs 10,074 crore in the region. To make sure investment promises do not go to cold storage, the agency will soon start the process to allocate land to these companies to set industrial units in the region. If all the companies set their units in the region, 28,000 new jobs will be created, apart from five lakh indirect jobs. This could give a major boost to real estate in the region.

Industry experts were of the opinion that for consumption to pick up in the real estate sector, the first Budget after the introduction of the Goods and Services Tax (GST) should have focussed more on acchhe din. While the FM may not have done much on the tax front, he has announced certain measures that would help real estate investors in India. The Centre's infra push is one right step in that direction.

Property buying is a tough job. It consumes a lot of time in spotting the right property, and even then you are expected to conduct thorough due diligence before signing off a deal. Is property investing all about that? Definitely not! Real estate investing can make or break fortunes. Mistakes prove to be costly, devastating your confidence maybe forever. At the same time, it is among the best routes to make it large in life. Why not learn about things that can make you a better investor?