Developers in Maharashtra now will have to install fire evacuation lifts (FEL) in high-rise buildings with heights 70 meters (around 22 floors) and above. A circular making it mandatory has been issued by the … READ FULL STORY
The Supreme Court, on July 25, 2022, stayed the arbitration proceedings initiated by former team India skipper Madendra Singh Dhoni against the now-defunct Amrapali Group. In April 2018, Dhoni moved the Delhi High Court … READ FULL STORY
Karnataka has made available the digitised and geo-referenced property cards called the Urban Property Ownership Records (UPOR) to Bangalore property owners. The UPOR contains all their property-related information. According to a Deccan Herald report, … READ FULL STORY
Grip, an alternative investment platform, has partnered with Strata, a commercial real estate (CRE) platform, to promote commercial real estate as its new product offering. The move is aimed at enabling individual investors to … READ FULL STORY
Isn’t it ironic that in a country where housing shortage is at the core of policy debates, housing surplus in India’s top cities is keeping builders on the tenterhooks? As a matter of fact, … READ FULL STORY
Vastu Shastra compliance, is nowadays an important factor that influences the decision of home buyers and tenants, alike. As people living in rented homes cannot undertake any civil work, if so required by Vastu, … READ FULL STORY
Hyderabad, the capital of Telangana, emerged as a hub for manufacturing industries due to its strategic position in south-central India in the early 1900s. By the early 2000s, the manufacturing sector here was superseded … READ FULL STORY
Ayodhya, along the banks of the Sarayu river, is fast emerging as a hub of economic growth and global tourism. The property landscape of the town has witnessed a sea change over the last … READ FULL STORY
Puravankara has announced the first close of Rs 200 crore of its targeted AIF (alternative investment fund) of Rs 750 crore (including a green shoe option of Rs 250 crore). The company has set … READ FULL STORY
In a move that would significantly change the dynamics of rental real estate in India, the Goods and Services Tax (GST) Council has decided to do away with the exemption so far granted to … READ FULL STORY
Easy access to housing finance and an average increase in salaries, have made it possible for people to buy their first homes in their 20s. As home-buying decisions taken at a young age may … READ FULL STORY
In spite of several structural changes and policy reforms in the past decade, home buyers in India continue to have low satisfaction levels, reveals a survey by Track2Realty. According to the survey, the C-SAT … READ FULL STORY
The Supreme Court, on July 18, 2022, said that home buyers happened to be the first priority, as it dealt with the Amrapali case. Other agencies, which lent money to the now-insolvent real estate … READ FULL STORY
