The area of a property is often calculated in three different ways – carpet area, built-up area and super built-up area. Hence, when it comes to buying a property, this can leads to a … READ FULL STORY
In a bid to provide an additional boost to the economy, as well as the home buyers, union finance minister Nirmala Sitharaman, on November 12, 2020, announced a new stimulus package under Atmanirbhar Bharat … READ FULL STORY
Home buyers are free to approach consumer fora despite RERA, rules SC In a landmark judgment passed on November 2, 2020, the Supreme Court (SC) has ruled that home buyers can approach the consumer … READ FULL STORY
During the ten years starting from 2010, the real estate sector witnessed a massive transformation, especially in markets like Pune, Bengaluru, Hyderabad, Delhi-NCR, etc. However, due to the lack of sufficient land banks and … READ FULL STORY
A visit to the project site, seeking updates on the status of the construction of their 2BHK remained futile for the Rahejas, as they were not allowed to enter the site. Priyankar Mitra, who … READ FULL STORY
The Real Estate (Regulation and Development) Act (RERA) has brought to the fore a growing incidence of consumer dissatisfaction, in dealing with real estate developers and service providers. Delays in project deliveries, cost escalations … READ FULL STORY
By the year 2030, more than 40% of the Indian population will live in urban India, as against the current figure of 34%, which is likely to create a demand for 25 million additional … READ FULL STORY
The Housing.com and Track2Realty Roundtable 2019, conducted on June 19, 2019, has expressed that the real estate industry needs to focus on customer-centricity, in times to come. Eight eminent panelists – Amit Modi, director, … READ FULL STORY
Indian real estate has often been blamed for a lack of professionalism and global competitiveness. The issue assumes even more significance today, in an emerging global economy, with India is poised to emerge as … 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
As announced during the interim budget 2019, the GST Council has reviewed the Goods and Services Tax (GST) rates on the real estate sector. Accordingly, the developers of residential projects which are incomplete as … READ FULL STORY
Research across sectors, globally, has shown that companies encouraging a culture of integrity, are able to reap financial benefits. Perhaps the most important benefit, which often remains concealed, is that this culture forces individuals … READ FULL STORY
The Royal Institution of Chartered Surveyors is working on a new draft standard, called the ‘Countering bribery and corruption, money laundering and terrorist financing’ Professional Statement. This standard aims to set out the obligations … READ FULL STORY
