Interview With Madhya Pradesh RERA Chief
Jhumur: MP was the first state to constitute RERA – was it by default, by design or a little bit of both. DeSA: Not by default at all, but certainly by design and a … READ FULL STORY
Faridabad Sector 19 property market: An overview
One of the most popular localities of Faridabad, Sector 19, lies close to Old Faridabad, Sector 28 and Sector 21. The area makes for a good investment, prospect due its connectivity with the major … READ FULL STORY
Property Trends
Understanding brownfield projects
There are two types of infrastructure projects – greenfield project and brownfield project. While a project developed on previously undeveloped land is a greenfield project, a brownfield project is exactly the opposite of this. … READ FULL STORY
Property Trends
Casagrand launches Casagrand Mabelle at East Tambaram, Chennai
Casagrand has launched Casagrand Mabelle, a British-themed independent villa community at East Tambaram, Chennai. Spread over 9.29 acres, the property is developed with 65% open space, thereby allowing ample light and ventilation. These homes … READ FULL STORY
Property Trends
An overview of luxury housing under the senior living umbrella
Senior-living communities must offer a complete solution for the needs and requirements of the urban, middle-class/upper middle-class segment of the population. Regrettably, this sector suffers from two major misconceptions. First, these communities are, unfortunately … READ FULL STORY
Property Trends
Goa hikes stamp duty for transfer of property registration
The Goa state government has hiked stamp duty for transfer of registration of immoveable property. According to a ToI report, while stamp duty in the first slab consisting of properties less than Rs 50 … READ FULL STORY
Property Trends
Sobha launches gated luxury apartment community project in Akkulam, Thiruvananthapuram
Real estate developer Sobha has launched a gated community of luxury apartments project, Sobha Meadows – Whispering Hill, in the Akkulam locality of Thiruvananthapuram in Kerala. The project provides connectivity to the international airport, … READ FULL STORY
Current News
Uphaar tragedy: Delhi HC asks police to reply to Sushil Ansal’s plea in evidence tampering case
The High Court has asked Delhi Police to respond to the petition filed by real estate developer Sushil Ansal that challenges his conviction in a case of tampering with evidence in the 1997 Uphaar … READ FULL STORY
Property Trends
Brigade REAP invests in 5 proptech start-ups in 12th round of funding
Brigade REAP, a proptech focused real estate accelerator programme, has got on board five new start-ups from 150 applications for its 12th Cohort. The domains covered include sales tech, smart facilities management, project management, … READ FULL STORY
Property Trends
Performance of top 12 listed companies looks strong: Motilal Oswal report
As 1QFY22 was a washout, most companies have achieved the bulk of their targeted incremental growth for FY23 in 1Q, with managements confident of achieving double-digit growth in the fiscal, says the report. Except … READ FULL STORY
Current News
Mahakal Lok corridor phase-1 of Mahakaleshwar temple Ujjain inaugurated
The first phase of the Mahakal Lok corridor at Mahakaleshwar temple, Ujjain, Madhya Pradesh was inaugurated by Prime Minister Narendra Modi on October 11, 2022. While the entire project is estimated to be around … READ FULL STORY
Property Trends
RBI data shows no tangible impact of rate hike on demand for home loans
The Reserve Bank of India (RBI) data suggests home loan outstanding of banks has doubled in the last five years. Contrary to the general perception that interest rates have a tangible impact on home … READ FULL STORY
Property Trends
Ahmedabad, Pune and Chennai are top three most affordable housing markets in India: Report
Owing to the 50BPS rise in REPO rates leading to rise in median loan rates, Indian realty markets have seen a decline in affordability, points the Affordability Index study for Q3 2022 by Knight … READ FULL STORY
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