Mumbai’s Development Control and Promotion Regulation 2034 (DCPR 2034) is a blueprint for the growth of the city, in terms of improving infrastructure facilities, easing construction bottlenecks and addressing issues like redevelopment and slum … READ FULL STORY
The Hiranandani Group has announced the establishment of a new vertical ‘GreenBase’, which will provide best-in-class Logistics and industrial parks, with a pan-India footprint. India’s burgeoning logistics sector is estimated to require 839 million … READ FULL STORY
Technology is increasingly playing an important role in the Indian real estate sector. Property technology, also known as ‘proptech’, made its presence felt in the Indian real estate market around 2005, when we saw … READ FULL STORY
West Bengal’s new IT policy aims to disseminate the IT/ITeS activities across the state, for the benefit of the population in the fringe and rural areas. This will be a game-changer for the state’s … READ FULL STORY
Connaught Place in New Delhi has the sixth most-expensive rentals for premium offices, among 20 major markets in the Asia-Pacific region, according to data from global real estate consultant, JLL. The average occupancy costs, … READ FULL STORY
Noida (New Okhla Industrial Development Area), a satellite city of Delhi, which is part of the National Capital Region, has changed a lot in the last decade, says Suhasini Paul, a well-known toy designer. … READ FULL STORY
Real estate developer K Raheja Corp has received a Gold rating certification, for Building 12 A in its commercial business park Mindspace, at Madhapur in Hyderabad, from the US Green Building Council (USGBC). Mindspace … READ FULL STORY
Update on February 24, 2019: GST Council cuts tax on under construction residential houses to 5 per cent, from 12 per cent currently. GST rate on affordable housing slashed to 1 per cent from 8 … READ FULL STORY
Real estate platform Housing.com has launched its new TV campaign, ‘Ghar dhoondhna koi inse seekhe’, starring Vicky Kaushal and Kiara Advani on December 7, 2018. Showcasing Housing.com’s smart search technology, the communication aims to … READ FULL STORY
Owning a home, for an average Indian, is a lifelong dream. There have also been numerous instances, where thousands of aspiring home buyers have suffered, owing to poor financial management on the part of … READ FULL STORY
While economic indicators were signalling an upward trend in the interest rates up to a few weeks ago, the Reserve Bank of India (RBI) chose to maintain a status quo on key policy rates, … READ FULL STORY
Various private equity (PE) players such as Xander, Blackstone and Brookfield, are sharpening their focus on the Indian real estate industry, especially the commercial segment, with several large transactions recorded in the country so … READ FULL STORY
On May 1, 2017, all 92 provisions of the Real Estate (Regulation and Development) Act, 2016 (RERA or the Act) were brought into force. The Act has introduced new obligations on real estate developers … READ FULL STORY
