The centre was examining a proposal from the Uttar Pradesh government for inclusion of four districts – Mathura, Saharanpur, Aligarh and Bijnor – in the National Capital Region (NCR), housing and urban affairs minister … READ FULL STORY
After six months of pessimism in Q2 and Q3 of 2017, positive sentiments have surfaced in the real estate industry, with a current sentiment score of 52 in Q4 2017. The uptick stems from … READ FULL STORY
Union Road Transport and Highways Minister, Nitin Gadkari has said that the government has undertaken projects worth Rs 31,930 crores, to decongest Delhi and the NCR and minimise vehicular pollution, which has become a … READ FULL STORY
Sheelu Juneja, a homemaker and wife of a senior-level professional, working with an international non-governmental organisation (NGO) in the National Capital Region, recently finalised a ready-to-move-in, 1,400 sq ft apartment, in a group housing … READ FULL STORY
First, it was the Delhi Metro, which proved to be one of the successful public transport infrastructure layouts in India, in the 21st century. The success of the Delhi Metro, spurred other similar projects … READ FULL STORY
India’s future real estate sentiment index for Q3 2017 (June-September 2017), has fallen to 55, reaching its lowest point in the past 39 months. With a slowdown in the economy and the impact of … READ FULL STORY
Shapoorji Pallonji Group, on October 12, 2017, announced a USD 500 million equity joint venture (JV) with Allianz AG of Germany, which marks Allianz’s first real estate transaction in India. The JV will establish … READ FULL STORY
With the Real Estate (Regulation and Development) Act (RERA) and other reforms coming into force, developers are rushing to complete partially completed projects and obtain their completion certificates, to avoid falling under the purview … READ FULL STORY
With rising demand for office spaces in Delhi, co-working spaces have gained popularity. The trend started last year, with providers of such spaces enticing start-ups and self-employed people to lease such properties. Now, these … READ FULL STORY
For decades, independent India peacefully lived with the concept of perpetual leases, inherited from the colonial era. Today, India is a country under construction. However, the governments’ design for housing, has perhaps failed to … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA) has had a difficult birth and seems to be having a troubled childhood. The expectations from the ‘miracle child’ seem to be mired in a ‘what’s … READ FULL STORY
Despite the demonetisation exercise and recent layoffs by technology companies, due to automation and changing technology, commercial markets continued to remain resilient, backed by sustained expansion plans of the major occupiers. The gross office … READ FULL STORY
Delhi-NCR’s rental market is now witnessing a new source of supply of apartments. Investors, who have been the primary buyers of apartments, are now stuck with excess inventory and are willing to rent out … READ FULL STORY
