The Indian property market is anticipated to touch the USD 1-trillion mark by 2030, with affordable housing playing an impactful role. With a population that has been surging at a rate of 2.1% on … READ FULL STORY
While every individual dreams of owning a property once in his/her lifetime, many people still prefer to buy or invest directly in land. Land accounts for the major cost component of any real estate … READ FULL STORY
Of the many jargons that one would invariably come across in real estate transactions, are FAR and FSI (floor space index). The two terms, which stand for one and the same thing, confuse many … READ FULL STORY
The FSI (floor space index), also known as the FAR (floor area ratio), is a frequently used technical term in real estate, to determine the maximum amount of floor space erected on a given … READ FULL STORY
A conveyance deed is a vital legal document that transfers the ownership of land to a cooperative housing society from a developer or from the previous landowner. In several cities like Mumbai, many housing … READ FULL STORY
Want to read up about Carpet Area, Built-Up Area and Super Built-Up Area? Know what exactly Developers mean when they use these terms, in Part 1 of our Real Estate Basics blog post series: … READ FULL STORY
In the post-COVID-19 era, as the concept of cross ventilation, open spaces and wellness gains ground, balconies in apartments have once again become a focus area in urban real estate markets. While individuals from … READ FULL STORY
In cities like Mumbai, land is very scarce but the demand for housing is growing continuously. Moreover, some of the buildings in Mumbai and in other cities, have outlived their useful life and pose … READ FULL STORY
The Unified Development Control and Promotion Regulations (DCPR or DCR) for Maharashtra state, which came into effect in December 2020 and have injected much-needed positivity in the state’s real-estate sector, will also ensure systematic … READ FULL STORY
In a move that could incentivise the construction of affordable homes in India, finance minister Nirmala Sitharaman, on February 1, 2021, extended the scope of the tax holiday provided to affordable housing projects. By … READ FULL STORY
As the much-awaited Development Plan (DP) 2034 of Mumbai was unveiled by the state government in May 2018, the ‘Development Control and Promotion Regulation 2034 (DCPR 2034)’ was put up for public suggestions. Now, … READ FULL STORY
The US Green Building Council (USGBC) announced six recipients, to receive the 2020 Greenbuild Leadership Awards at this year’s Greenbuild India conference. The awards recognise organisations and individuals advancing the development of sustainable and … READ FULL STORY
Q: What is self-redevelopment? How has self-redevelopment been a crucial aspect for societies, especially in aggressive real estate markets such as Mumbai? A: Under self-redevelopment, the entire redevelopment process is planned, executed and managed … READ FULL STORY