The shortage of affordable housing in Delhi, should be viewed within the wider context of an overall housing shortage in the country. Housing supply in urban areas has not kept pace with the additional … 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 Supreme Court, on March 6, 2018, took strong exception to the non-filing of affidavits by the Delhi government, the Delhi Development Authority (DDA) and municipal corporations of Delhi (MCDs), on whether an environment … READ FULL STORY
Whether the price is Rs 2.5 crores for an apartment at Marina ONE in Kochi or Rs 50 crores for an apartment at Omkar 1973 in Mumbai, affluent Indians would not mind shelling out … READ FULL STORY
In real estate lexicon, market drivers are developments in an area that increase the value of living there. It is a well-established fact that infrastructure is by far, the most important driver for real … READ FULL STORY
A Supreme Court bench of justices Madan B Lokur and Deepak Gupta, on February 9, 2018, asked the Delhi authorities whether any environmental impact assessment was conducted, before proposing amendments to the Delhi Master … READ FULL STORY
The Delhi Development Authority (DDA) has informed that about 6,500 flats, allotted under the Delhi Development Authority (DDA) Aawasiya Yojana-2017, have been surrendered by successful allottees, union housing and urban affairs minister, Hardeep Singh … READ FULL STORY
A National Green Tribunal (NGT) bench, headed by acting chairperson justice UD Salvi, on February 6, 2018, said that the order of prohibition issued earlier, against the operation of hot mix plants in Noida, … 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
Presenting his fifth straight budget in the Lok Sabha, union finance minister Arun Jaitley, on February 1, 2018, said that a special scheme will be executed with the Delhi government and adjoining states, to … READ FULL STORY
Architect Revathi Kamath believes in adhering to green ideologies. Delhi-based Kamath, is hailed as a pioneer of mud homes in India. “Mud is cheap, is a ‘breathable’ material and helps to maintain fairly even … READ FULL STORY
