Urbanisation in India, is increasing at a rapid pace. It is estimated that by 2030, over 40% of Indians will live in cities, accounting for a population of 600 million people. Consequently, it is … READ FULL STORY
Although not many developers may be willing to publicly admit it, the fact is that developers find it advantageous to have investors as anchors for their projects. Developers need money, even before they can … READ FULL STORY
To bring transparency in Haryana’s booming real estate sector, which is plagued by charges of corruption, chief minister Manohar Lal Khattar has scrapped a decades old policy, which allowed the state’s CMs, absolute discretion … READ FULL STORY
The Shiv Sena’s youth wing chief, Aaditya Thackeray, met Maharashtra governor C Vidyasagar Rao on November 2, 2016 and sought his intervention, to stop the centre from monetising the eastern coast of the city, … READ FULL STORY
While reviewing the implementation of smart city plans in the New Delhi Municipal Council (NDMC) area, union urban development minister, M Venkaiah Naidu, on November 2, 2016, asked the NDMC to convert Connaught Place … READ FULL STORY
Crowdfunding in the property market, the world over, is mostly associated with the commercial real estate segment. The most common forms of crowdfunding in the developed property markets, are debt and equity. In debt … READ FULL STORY
The Indian real estate sector, it seems, is yet to wake up to the benefits offered by technology, towards reducing operational and construction costs, maintaining timelines and tackling the labour crisis in the market. … READ FULL STORY
The country’s largest lender, State Bank of India (SBI), has announced a further reduction in interest rates by 0.15% for its home loans up to Rs 75 lakhs, while ICICI Bank has unveiled an … READ FULL STORY
A senior officer of the Revenue Department, said that the land records of all villages of Delhi, except for villages in the north district, have been digitised and digitally signed from November 1, 2016. … READ FULL STORY
The Madras High Court on November 1, 2016, issued a contempt notice to the member secretary, Chennai Metropolitan Development Authority (CMDA), asking why action should not be taken against the body for disobeying its … READ FULL STORY
Wadala has undergone a significant transformation over the last decade, from largely being an industrial zone to an upcoming residential market. Its proximity to Bandra-Kurla Complex (BKC) spurred large-scale land development, thereby, fuelling the … READ FULL STORY
The ‘Mangrove Cell’ of the Maharashtra government, will remove around 1,000 houses in the first week of November, 2016, for encroaching notified mangrove areas in the city. “The demolition drive is going to start … READ FULL STORY
Nearly 9.6 million sq ft of Grade A office space was absorbed, during the July-September quarter of this year, according to a report by property consultant Colliers International. As per the survey, southern cities … READ FULL STORY
