We often hear people say that ‘There was a time, when our city was full of greenery, the climate was cool and there was no water scarcity or flooding problem. Now, things have completely … READ FULL STORY
The centre has given its nod for the construction of over 1.86 lakh more affordable houses for the urban poor under its urban housing scheme, taking the total number of houses to over 39.25 … READ FULL STORY
The internet is the most preferred medium for home search in India With over 462 million internet users, India is the second-largest online market in the world. 20 million Indians search for homes online, … READ FULL STORY
Ahmedabad, which has traditionally been a cost-conscious property market, dominated by the mass and mid-segment housing, has suddenly witnessed a flurry of launches in the luxury segment. Moreover, this shift has happened at a … READ FULL STORY
With the deadline of July 31, 2017, for mandatory registration of ongoing projects under the real estate rules, ending, 23 states and union territories (UTs) have either established their permanent or interim regulatory authorities … READ FULL STORY
Infrastructure developments and large projects, such as industrial corridors or IT hubs, tend to augur well for the real estate market in the area. The Delhi-Mumbai industrial corridor (DMIC) announced by the government of … READ FULL STORY
Areas along the Ahmedabad-Mumbai Expressway, are gradually becoming sought-after locations, for residential real estate development. Before the Expressway came up, development along this route was restricted to Vasai and Virar, points out Diipesh Bhagtani, … READ FULL STORY
Although the Real Estate (Regulation and Development) Bill, 2016 was passed by Parliament in March 2016 and all the 92 sections of the Act come into effect from May 1, only 13 states and … READ FULL STORY
The initial euphoria generated after the notification of the Real Estate (Regulation & Development) Act (RERA), on May 1, 2016, is now waning, with increasing doubts over its effectiveness in protecting the consumers’ interests. … READ FULL STORY
With Maharashtra setting up a regulator in accordance with the Real Estate (Regulation and Development) Act (RERA), it joins a small community of states that have notified their respective realty regulators to be set … READ FULL STORY
In the 2016-17 union budget, the government introduced several measures to boost affordable housing. Among the significant ones, it provided 100% tax exemption on profits, for developers building homes up to 30 sq meters … READ FULL STORY
For the real estate sector, 2016 will be remembered as the year of dramatic policy changes. These changes have the potential to usher in a more organised, cleaner and more transparent real estate market … READ FULL STORY
“When I was explaining to a client that the Delhi-Mumbai Industrial Corridor (DMIC), would change the urban landscape of Bhiwadi, he reminded me that Rewari (a junction point in the DMIC), was 25 kms … READ FULL STORY
