Let’s start with a basic premise – that job creation leads to greater office space absorption, which in turn leads to housing revival. However, across the country, the recent uptake in office space has … READ FULL STORY
The first line of the Pune Metro is likely to be operational in 2020 and second line by 2021, Maharashtra Metro Rail Corporation (Maha-Metro) managing director Brijesh Dixit has said. “We have completed 35% … READ FULL STORY
The kitchen is often considered the nucleus of a house. Over time, this region of the house has undergone a revolutionary change, with modern home owners increasingly opting for hi-tech sleek appliances, fancy lights … READ FULL STORY
JC Sharma, vice-chairman and managing director of Sobha Ltd, has been witness to the emergence of Bengaluru as the country’s top realty destination. It is not just the business potential of the city that … READ FULL STORY
The Reserve Bank of India (RBI) on Wednesday, February 8, 2017, surprised the market by keeping the repo rate unchanged at 6.25% in its monetary policy review. This has disappointed the market in general … READ FULL STORY
A distressed property is one, where the home buyer is unable to repay the loan taken to acquire the asset. When an owner defaults on EMI payments for four to five consecutive cycles, the … READ FULL STORY
The Reserve Bank of India (RBI), on February 8, 2017, kept its policy rate unchanged at 6.25%. This decision has been greeted with surprise, by the real estate fraternity. “While the recent demonetisation drive … READ FULL STORY
Labour secretary M Sathiyavathy, on February 8, 2017, clarified that the payment of workers’ statutory dues in the construction sector, is the sole responsibility of the principal employer. Addressing the 42nd Annual Day celebrations … READ FULL STORY
With properties in India and the Middle-East and plans to expand operations into the UK market, PNC Menon, chairman-emeritus of Sobha Ltd, speaks to Housing News on how NRIs perceive India’s real estate market … READ FULL STORY
In its first monetary policy review in 2017, on February 8, the Reserve Bank of India (RBI) has decided to keep key rates unchanged. Accordingly, the repo rate at which it lends to the … READ FULL STORY
The government’s recent demonetisation move, is likely to result in a steep correction in real estate prices across the country, making it a good time to buy property. However, if you are eyeing the … READ FULL STORY
Can the Indian real estate industry rely on the age-old tools and techniques to achieve Housing For All by 2022? Not really. India requires the crucial support of a skilled work force along with … READ FULL STORY
Alleging a scam, Congress party spokesperson Abhishek Singhvi, on February 6, 2017, accused the BJP government in Haryana of being involved a scam and demanded an independent and comprehensive probe into the denotification of … READ FULL STORY
