With rapid urbanisation, the biggest challenge faced by cities and metropolitan areas, is traffic congestion, which also hinders the development of the real estate sector in such cities. Increasing population, has put significant stress … READ FULL STORY
The real estate sector in India has witnessed significant transformation over the past few years. Policy reforms, like the Real Estate (Regulation and Development) Act (RERA), announcements for affordable housing projects in the annual … READ FULL STORY
A Supreme Court bench of justices J Chelameswar and Sanjay Kishan Kaul, on April 2, 2018, issued notices to the CBI and the Maharashtra government and sought their replies in four weeks, on a … READ FULL STORY
The Indian real estate market, which was at its lowest level in the past four to five years, has witnessed a recovery in 2018, owing to greater transparency and greater consolidation, says a report … READ FULL STORY
It was a noisy morning in Bengaluru, when numerous senior citizens stormed into the office of the Bruhat Bengaluru Mahanagara Palike (BBMP), the administrative office responsible for civic and infrastructural assets of the Greater … READ FULL STORY
The government of India, on November 16, 2017, approved an increase in the carpet area of houses for the two middle-income group (MIG) categories, under the Pradhan Mantri Awas Yojana – Urban. Under the … READ FULL STORY
Santacruz west, in Mumbai, is one area that is being targeted by working professionals, as it offers them proximity to their workplace, as well as a luxurious lifestyle, owing to the presence of residential … READ FULL STORY
Seeking to allay fears that the Maharashtra government planned to allow developments at the Mahim Nature Park (MNP) in Mumbai, minister of state for housing Ravindra Waikar said, “The government will keep intact the … READ FULL STORY
In an affidavit to the Bombay High Court, the Mumbai Metro Rail Corporation (MMRC), on March 20, 2018, said that the proposal to construct a car shed in Aarey Milk Colony, had been approved … READ FULL STORY
Commanding gross effective rentals of USD 88.8 per sq metre per month, Connaught Place in Delhi, emerged as the third-most expensive office district among global peers across 20 international cities, on the index topped … READ FULL STORY
Cost-effective housing is a key problem in all developing countries but India presents a remarkable case study. While India’s constantly expanding population is the bedrock of its economic promise, it is also the source … READ FULL STORY
For fashion designer Shraddha Thakkar, proximity to the entertainment industry, was the primary reason that she chose to invest in a luxurious project in Goregaon west and not in Lower Parel, as advised by … READ FULL STORY
According to property consultant Knight Frank’s Wealth Report 2018, at 54 per cent, India has recorded one of the fastest growth in its population of individuals, with a net worth of USD 50 million, … READ FULL STORY
