The proposal of the GST Council, to reduce the Goods and Services Tax (GST) rate on under-construction properties, will likely have mixed implications for the sector, with consumers for high-price inventory (such as Mumbai … READ FULL STORY
A palatial villa in Golf Links or Jor Bagh may be every home seeker’s dream but not everyone can turn it into reality. When it comes to realistic dreams, most of Delhi’s middle-class, salaried … READ FULL STORY
The interim budget 2019 of the Narendra Modi government, is no different from previous budgets of India, where the demands of the real estate industry and buyers revolve around the housing market only. This … READ FULL STORY
After a prolonged lull of nearly three years, the residential markets in the top three cities of Bengaluru, Mumbai and Delhi NCR, showed definite signs of recovery in 2018. The positive impact of the … READ FULL STORY
The residential market saw some upward movement in sales velocity in 2018 but the year stopped short of a significant recovery. Total sales of residential units were estimated to be 242,328, registering a six … READ FULL STORY
2018 was the best performing year, historically, for the commercial office segment, with leasing crossing 46 million sq ft, according to a report by Knight Frank India, titled ‘India Real Estate – Residential and … READ FULL STORY
Co-working spaces are fast becoming popular in the country and their share in overall commercial leasing activity, is rising sharply. About seven million sq ft of co-working spaces have been leased in 2018 so … READ FULL STORY
Recent developments in Noida Extension, also known as Greater Noida, have attracted significant buyer interest towards the region’s residential real estate landscape. According to a recent report by ANAROCK Property Consultants, with more than … READ FULL STORY
New coal power plants in regions like Uttar Pradesh, in close proximity to ‘heavily polluted’ Delhi-NCR, are financially ‘risky, unnecessary and pose a health risk to millions’, even as cheaper electricity is available from … READ FULL STORY
Seventy-two per cent of millennials (belonging to the age group of 18-23 years) have given co-living spaces a thumbs-up and over 55 per cent of the respondents in the age group of 18-35 years … READ FULL STORY
A Supreme Court bench of justices Madan B Lokur and Deepak Gupta, on November 26, 2018, said officials who have failed to act on complaints regarding pollution in Delhi, were required to be prosecuted. … READ FULL STORY
The metropolitan area of Chennai city would grow seven-fold, to 8,878 sq kms, if the expansion plan of the city takes off, according to the findings of a study by the Mylapore Institute for … READ FULL STORY
Delhi’s overall air quality was in the ‘very poor’ category, on November 20, 2018, while in some areas of the city it was ‘severe’, with authorities saying they may induce artificial rain by cloud … READ FULL STORY
