The government recently announced two lists of 20 and 13 cities that have been selected for its ‘Smart Cities Mission’, out of the 98 that were shortlisted. While it is hoped that these smart cities … READ FULL STORY
The Goods and Services Tax (GST), is a comprehensive indirect tax on the sale, manufacture and consumption of different kinds of goods and services throughout India, with all other central and state taxes intended … READ FULL STORY
In 2009, Manisha Ghai was offered a flat in Greater Noida, for Rs 35 lakhs. She liked the apartment and its cost. However, the interior decorator, who mostly travels in and around Delhi-NCR for … READ FULL STORY
Often, home buyers may find it difficult to finalise a house, after shortlisting their final few properties. If these properties are in a similar price range and in the buyers’ preferred location, there are … READ FULL STORY
Recently, the Brihanmumbai Municipal Corporation (BMC), proposed to increase the floor space index (FSI) in Mumbai from 1.33 to 2.0. Such an increment, will directly impact the property prices in the area. FSI, also … READ FULL STORY
Noting that factors, such as road infrastructure and inflation seem to be closely linked to residential price movements, a report titled ‘Indian Real Estate: Comprehending the varying speeds of growth’ by JLL India and … READ FULL STORY
All over the world, cities are facing the challenge of uncontrolled urbanisation. According to the United Nations, 54% of the population across the world today, resides in urban areas, and that this figure will … READ FULL STORY
Although rental values may seem to be undervalued in the Indian context, due to the high capital values of real estate, the fact is that when compared to affordability and median income of cities, … READ FULL STORY
When Aditi Mishra, a fashion designer, shifted to Faridabad in 2009, she did not like the place. After having spent many years in Gurgaon, she found Faridabad to be a sleepy city, devoid of … READ FULL STORY
Bengaluru’s thriving economy is a major demand driver for residential real estate in the city. It is the leading city, in terms of absorption of office space and this, in turn, is fuelling demand … READ FULL STORY
Only 4% of India’s workforce is skilled as compared to 96% in South Korea, 80% in Japan, 74% in Germany, 68% in the UK and 45% in China. Experts say that developers, construction firms … READ FULL STORY
Bengaluru’s affordable housing segment has been witnessing steady demand on the outskirts. Expansion of the city in all directions and infrastructure developments, such as the planned metro rail and Peripheral Ring Road, have played … READ FULL STORY
Real estate agents have been known to create a network where they share inventory in order to hasten deal-making. Such networking has historically helped end-users as they are able to choose from a wider … READ FULL STORY
