The Reserve Bank of India (RBI), for the first time in over four years raised the repo rate, or the short-term lending rate, by 0.25 per cent to 6.25 per cent, on inflation concerns, … READ FULL STORY
The burden on Mumbai’s infrastructure has become increasingly evident over the last few years, with the city witnessing floods and worsening traffic jams. With the increasing number of high-rises, the residents have been demanding … READ FULL STORY
The Maharashtra government is mulling a public-private partnership (PPP) policy, under which it plans to acquire land parcels in the Mumbai Metropolitan Region (MMR) and develop low-cost homes, giving further impetus to its affordable … READ FULL STORY
The real estate market in Gurugram, in the Delhi-NCR, has witnessed significant changes over the past few years. With the prime areas reaching saturation, in terms of occupancy and prices, Gurugram may also see … READ FULL STORY
Chief minister Devendra Fadnavis, on May 11, 2018, announced that the Maharashtra Housing and Area Development Authority (MHADA) would be the planning authority, for all future government housing schemes in Mumbai and its surrounding … READ FULL STORY
After a year-long delay, the final draft of the Greater Mumbai Development Plan (DP) 2034, recently saw the light of day. The highlights were the amendments in the development control regulations (DCR) in terms … READ FULL STORY
Mumbai cannot afford to have salt pans and no-development zones, which are the last remaining open spaces in the city, fall prey to the builder lobby, former member of parliament and Mumbai Congress president … READ FULL STORY
Dubai-based Relam Investment LLC will make India its hub for investments in south-east Asian markets, its chairman and managing director, Sultan Ali Rashed Lootah said, on May 8, 2018. “We have allocated an investment … READ FULL STORY
The government’s approval, on the long-pending Mumbai Development Plan (DP) 2034, is a welcome move. The DP is likely to spur real estate activity in the city and also pave the way for the … READ FULL STORY
With many corporate and large business houses now looking towards emerging locations in Mumbai to set up their offices, such locations offer a great opportunity for buying homes, as well. “Over the past decade, … READ FULL STORY
Real estate developer Sobha Limited has forayed into the Gujarat market, with an investment of over Rs 500 crores towards residential development in the Gujarat International Finance Tec City (GIFT City). Sobha will develop … READ FULL STORY
With rapid urbanisation, the biggest challenge faced by cities and metropolitan areas, is traffic congestion, which also hinders the development of the real estate sector in such cities. Increasing population, has put significant stress … READ FULL STORY
The real estate sector in India has witnessed significant transformation over the past few years. Policy reforms, like the Real Estate (Regulation and Development) Act (RERA), announcements for affordable housing projects in the annual … READ FULL STORY
