Keeping in mind the growing pressure of the suburban traffic in Bengaluru, the Railways has sanctioned a quadrupling project, with a provision of two additional lines from Bengaluru Cantonment to Whitefield, at a cost … READ FULL STORY
Commanding gross effective rentals of USD 88.8 per sq metre per month, Connaught Place in Delhi, emerged as the third-most expensive office district among global peers across 20 international cities, on the index topped … READ FULL STORY
Pune, with a score of 5.1, has been ranked first, when it comes to local governance, followed by Kolkata, Thiruvananthapuram, Bhubaneswar and Surat, according to the Annual Survey of India’s City-System (ASICS) undertaken for … READ FULL STORY
According to property consultant Knight Frank’s Wealth Report 2018, at 54 per cent, India has recorded one of the fastest growth in its population of individuals, with a net worth of USD 50 million, … READ FULL STORY
The Cabinet Committee on Economic Affairs, chaired by prime minister Narendra Modi, on February 20, 2018, has given its approval for the widening of a section of the NH-275, which connects Bengaluru and Mysuru. … READ FULL STORY
In recent times, most of the new property launches in Bengaluru, have been concentrated in the northern region of the city. The attraction has been so profound that north Bengaluru has started overshadowing other … READ FULL STORY
Finance minister Arun Jaitley’s Union Budget for 2018-19, by and large did not have any major announcements for the real estate sector. While developers have termed Budget 2018 as a pro-buyer populist budget, home … READ FULL STORY
Ketan Sawant Senior PR professional, Mumbai There have been remarkable changes in the real estate sector, since 2017. The implementation of the Real Estate (Regulation and Development) Act (RERA), has enhanced transparency, accountability and … READ FULL STORY
There were no major direct announcements related to realty sector, in the Union Budget 2018-19. However, there is an expectation in the market that the efforts made by the government, could boost the real … READ FULL STORY
In a first, finance minister Arun Jaitley, on February 1, 2018, announced the expansion of the Mumbai suburban train network, spread over 465 kms, at a cost of Rs 11,000 crores and said the … READ FULL STORY
According to property consultant JLL, in the next 10 years, private equity (PE) inflow in the real estate sector, is likely to grow at 10 per cent CAGR to USD 100 billion by 2026, … READ FULL STORY
Speaking at the 27th All India Builders’ Convention of Builders’ Association of India, vice-president M Venkaiah Naidu, on January 19, 2018, sought to assure developers that ‘The Real Estate Regulation Act is for promotion … READ FULL STORY
The Housing and Urban Affairs Ministry has decided to assess the livability standard of 116 Indian cities, through the country’s first ‘Livability Index’. This will include the identified Smart Cities and several other cities … READ FULL STORY
