In 2006, the real estate market in the National Capital Region (NCR), was witnessing the growth of a number of property segments. Sushant Lok, a newly-developed region of Gurgaon, was emerging as a real … READ FULL STORY
On the back of a recovering economy, India’s office market is likely to remain firm in the coming quarters. The gross office take-up in India amounted to 9.3 million sq ft (8,63,998 sq m). … READ FULL STORY
A Delhi court, on April 10, 2017, granted a three-month interim bail to Unitech Ltd’s promoters, Ajay Chandra and Sanjay Chandra, who were arrested in a fraud case relating to a Gurugram-based real estate … READ FULL STORY
Rapid urbanisation has led to the emergence of new suburbs and peripheral areas around metropolitan cities. These newly-created residential markets have their own set of development types (apartments, row houses, villas and plots), price … READ FULL STORY
When it comes to taking a property on rent in India, tenants often have to pass through a number of uncomfortable questions, ranging from food habits to personal lifestyle choices. Consequently, a majority of … READ FULL STORY
With the real estate sector slowing down, developers are offering various kinds of schemes to garner sales. Of these, two common ones are buybacks and assured return schemes. Let us examine their risks. … READ FULL STORY
Residential real estate sector In 2016, about 89,000 residential units were launched across the six major cities in India, which is 34% less than the units launched in 2015. Out of the total new … READ FULL STORY
A Supreme Court bench headed by justice Dipak Misra, on February 27, 2017, directed real estate major Unitech, to file the list of cases pending against it before various consumer forums and the amount … READ FULL STORY
For nearly a decade Sanjeev Chaudhary, regretted his decision of buying a house at Crossings Republik on National Highway (NH) 24. Connectivity with NH 24, was the only reason he invested in a large … READ FULL STORY
Slapping a penalty on Unitech Resorts for delaying handing over of flats, the Supreme Court on February 20, 2017, directed it to deposit 14% interest on Rs 16.55 crores, invested by 39 home buyers … READ FULL STORY
Negotiations between union minister Rajyavardhan Singh Rathore and Parsvnath Developers, regarding possession of a flat is nearing completion, a panel of lawyers told the Supreme Court on February 20, 2017. A bench headed by … READ FULL STORY
Despite concerns over the fact that the housing market in Noida has a stock of over one lakh units, seasoned players seem to be betting big on its future growth. One important reason, is … READ FULL STORY
Gurgaon, one of the most important industrial and financial hubs of our county has impacted the residential real estate market in a positive way. Moreover, with Delhi not being able to provide enough space … READ FULL STORY
