The market has welcomed the host of announcements in Budget 2021 that are being seen as a measure to revive the economy. From health to infrastructure, finance minister Nirmala Sitharaman’s third Budget speech tackled … READ FULL STORY
Every year, prior to the union budget, developers lobby hard to get the best deal, while buyers have their own set of demands. The finance minister is expected to walk a tightrope, to balance … READ FULL STORY
The year 2020 has been a year of upheavals for the world, as the Coronavirus pandemic hit the global economy. While its adverse impact cannot be stopped completely, India has shown immense resilience, to … READ FULL STORY
News reports in the last two months were replete with stories depicting how real estate firms across India were wooing back migrant workers with more pay. As the country unlocks amid the COVID-19 pandemic, … READ FULL STORY
The first budget of the Maha Vikas Aghadi (MVA) government, presented in the assembly on March 6, 2020, seeks to provide a fillip to infrastructure development in the state, by proposing an outlay of … READ FULL STORY
The Union Budget, presented on February 1, 2020, has attempted to give certain reliefs to developers and home buyers. It also attempts to introduce some provisions, to minimise unnecessary litigation between tax payers and … READ FULL STORY
The chairman of the Central Board of Direct Taxes (CBDT), Pramod Chandra Mody, has said the tax payers’ charter announced in Budget 2020, will be notified very soon and once operationalised, India will be … READ FULL STORY
While affordable housing has high demand in India and can contribute significantly towards building sustainable urban spaces, several challenges need to be addressed so that this segment, which accounts for most of the unsold … READ FULL STORY
The Centre on December 28, 2019, approved construction of 6.5 lakh houses under the Pradhan Mantri Awas Yojana (Urban or PMAY-U), taking the total number of houses being funded under the scheme to over … READ FULL STORY
Haryana chief minister Manohar Lal Khattar on December 7, 2019, inaugurated Gurgaon’s ambitious Integrated Command and Control Centre (ICCC), developed as the nerve centre to provide multifaceted online smart services to people. Khattar inaugurated … READ FULL STORY
Update on September 4, 2019: If media reports are to be believed, the government is planning to expand the scope of ‘affordable housing’ by including housing projects costing up to Rs 50-55 lakh in … READ FULL STORY
The Draft Model Tenancy Act will soon be sent to the union cabinet for approval and will be circulated to the states, Durga Shankar Mishra, secretary, Ministry of Housing and Urban Affairs said, while … READ FULL STORY
By the year 2030, more than 40% of the Indian population will live in urban India, as against the current figure of 34%, which is likely to create a demand for 25 million additional … READ FULL STORY
