It is not only the real estate sector but the whole economy, which is facing a slowdown in growth. Several reasons have been attributed to this, including global trade disturbances, internal issues, lack of … 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
A four-storey residential structure in south Mumbai’s Dongri area caved in shortly before noon on July 16, 2019, killing at least 14 people and trapping many under the debris, civic officials said. This was … READ FULL STORY
The Union Housing and Urban Affairs Ministry has put the draft of ‘The Model Tenancy Act 2019‘ in public, for consultation. Reacting to the development, Swapan Dutta, director (east) of property consultant Knight Frank, … READ FULL STORY
Senior citizen Sitalakshmi Nair, a resident of Coimbatore, moved into a rental flat in Mumbai’s Matunga, to live in the same housing complex as her son. However, owing to the high rental in the … READ FULL STORY
With the General Elections of 2019 giving a clear mandate for Narendra Modi to return as prime minister for a second term, the real estate sector is optimistic, as this would mean a continuation … READ FULL STORY
The real estate sector has a positive outlook for the next six months, on account of the stable policy environment after the introduction of structural reforms implemented in 2017, according to the ‘Real Estate … READ FULL STORY
Update on March 12, 2019: The government of Maharashtra, on March 1, 2019, announced an amnesty scheme with respect to the penalty that can be levied for insufficient payment of stamp duty made in the … READ FULL STORY
The Haryana government plans to develop five new cities of 5,000 hectares each, alongside two major expressways – Kundli-Manesar-Palwal (KMP) and Kundli-Ghaziabad-Palwal (KGP) – to boost industrial, commercial and housing activities in areas bordering … READ FULL STORY
A survey conducted by KPMG, in association with NAREDCO and APREA, has revealed that the Indian real estate sector is estimated to grow to USD 650 billion by 2025 and surpass USD 850 billion … READ FULL STORY
The drop in the value of the rupee against the US dollar, can be seen as an investment opportunity for individual buyers, as well as institutional investors, according to real estate experts. “Over the … READ FULL STORY
Ganesh Chaturthi marks the start of the festive period. It is a time, when developers strive to clear their old stock, increase sales and capitalise on the positive sentiment. For home buyers, the festive … READ FULL STORY
With a large number of homeless people in India, a huge transformation is necessary to house the country’s growing population, over the next 20 to 30 years. However, this also raises a fundamental question … READ FULL STORY
