The Indian rental market has been demanding a new law to counter the Rent Control Act, 1948, for a long time. Recently, the government has shown interest in passing the Draft Model Tenancy Act, … READ FULL STORY
The year 2016 was an interesting one for real estate markets. A number of initiatives, like the passage of the Real Estate Regulatory Bill in March 2016, amendments to REIT guidelines in budget 2016-17 … READ FULL STORY
“Demonetisation has impacted the resale market, which is otherwise flush with transactions involving black money or unaccounted cash. Consequently, the number of transactions in the secondary market has come down,” explains Vijay Gupta, CMD, … READ FULL STORY
The top five hotspots for residential property investment in the country today, are Mumbai, Bengaluru, Hyderabad, Ahmedabad and Chennai. Not only are these cities attracting new businesses and industry, their respective governments are also … READ FULL STORY
Partnerships, often between investors and developers, create a pool of money that is available for all projects matching a specific set of criteria, without having to go through the time-consuming approval process. These partnerships … READ FULL STORY
In 2016, the comprehensive Benami Transactions (Prohibition) Amendment Act was passed, with the intent of bringing unaccounted money into the system, as well as seizing benami property and prosecuting those indulging in such activities. … READ FULL STORY
Post-demonetisation, the affordable housing segment, which is confined to the fringe areas of metros, is expected to get a boost as land prices will plummet in the next few years, especially in far-flung areas … READ FULL STORY
The real estate markets in India, seem to be aligning themselves to market realities in more ways than one. For the first time after 2008, residential apartments sold across India in the first three … READ FULL STORY
Mayur Patil, a property developer who operates in the Thane region, was surprised when Rashmi Garg, a non-resident Indian (NRI) from Britain, insisted that she would only invest in Lonavala as her holiday home. … READ FULL STORY
On the Delhi-Ghaziabad border, the price point on either side of the divide is a case study in urban housing economics. A 2-BHK property on Delhi’s side costs Rs 1.25 crores while the same … READ FULL STORY
The abolition of Rs 500 and Rs 1,000 currency notes, has come as a shock to Indian industries and the real estate market, in particular. The worry now, is that the realty market, which … READ FULL STORY
The start-up ecosystem in the country, which for long depended solely on angel investors and venture capitalists, has today been buoyed by a slew of initiatives, like the central government’s Startup India. Along with … READ FULL STORY
While the tax structure for the goods and services tax (GST) has been announced, the real estate industry is waiting to see which rate is applied to it and the construction industry. Given the … READ FULL STORY
