After a drastic dip in sentiments, from October to December 2016, the first quarter of 2017 has begun on a positive note, signifying the transient impact of demonetisation. Nevertheless, the stakeholders in Indian real … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA) is now a reality. The central government had already set the rules and now, the state governments are required to follow suit. States are required to … READ FULL STORY
Never has there been more focus on the end-users – even in Mumbai, which is the priciest real estate market in India, than in recent months, especially in light of the post-demonetisation reality and … READ FULL STORY
Sobha Limited has been declared the top brand in the Indian real estate sector for the third consecutive year, by the Brand X Report 2016-17, an annual study conducted by Track2Realty. For the third … READ FULL STORY
Now, that the GST rates for real estate have been declared, the question on everybody’s mind is how will this impact the sector. While the real impact of the GST, will only be seen … READ FULL STORY
What would you make of a building code that on one hand, suggests that builders can be made liable but on the other hand, leaves its adoption as a voluntary exercise? The revised Building … READ FULL STORY
The year 2016 witnessed several policy changes that have changed the course of the real estate industry. While these policies have laid a strong foundation for the future of Indian real estate, the short-term … READ FULL STORY
Real estate development remains a highly lucrative business line but it also remains a highly capital intensive business, and among the many new market truths that RERA has brought to the fore, the fact … READ FULL STORY
The actions of private equity (PE) investors, can serve as a good indicator of the sentiments in the real estate market. In the last few months, the government has announced several major initiatives that … READ FULL STORY
The Lieutenant Governor of Delhi’s notification of 89 rural villages to urban areas, has again brought to the fore the Land Pooling Policy of Delhi, which has been gathering dust for nearly two years now. The … READ FULL STORY
The Indian real estate sector has been largely unregulated except for a few states like Maharashtra, Uttar Pradesh, Andhra Pradesh, Delhi and Karnataka. Any pro-consumer development was solely a result of judicial activism. This … READ FULL STORY
In 1Q2017, the y-o-y increase in rentals was the highest in Navi Mumbai at 9%. Mumbai’s gross average rents, which include Thane and Navi Mumbai micro-markets, rose by only 1% (y-o-y). Within Mumbai, the western suburbs’ micro-market … READ FULL STORY
Cutting pollution and reducing dependency on natural resources are important, to promote green living. The first step towards green living and ensuring that we do not exploit our natural resources, begins at home. “India … READ FULL STORY
