It was a noisy morning in Bengaluru, when numerous senior citizens stormed into the office of the Bruhat Bengaluru Mahanagara Palike (BBMP), the administrative office responsible for civic and infrastructural assets of the Greater … READ FULL STORY
There have been several long-standing demands from the real estate sector and prior to Budget 2018, there were hopes that at least some of them would be addressed. The Budget for 2018-19, however, has … READ FULL STORY
With maximum increase in allocation to the Smart Cities Mission, the Housing and Urban Affairs (HUA) ministry’s budgetary provisions have been pegged at over Rs 41,765 crores for the next fiscal, a hike of … READ FULL STORY
As per the report of a high-powered expert committee (HPEC), the estimated urban investment requirement for the 20-year period, from 2012-13 to 2031-32, is Rs 39.2 lakh crores, Housing and Urban Affairs Minister, Hardeep … READ FULL STORY
The Indian economy, as measured by growth in Gross Domestic Product (GDP), accelerated by 6.3 per cent (Q3 2017), making an improvement from 5.7 per cent (Q2 2017). The growth is likely to exceed … 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
The state of the Indian economy, suggests that the government will have to walk a tight rope with the Union Budget 2017-18, amidst forecasts of a slowing economy. Although banks are now flush with … READ FULL STORY
The Indian real estate sector, has witnessed several ups and downs in the 69 years since independence. Despite its long journey, this industry still needs several reforms, while many challenges continue to hinder the … READ FULL STORY
The government recently announced two lists of 20 and 13 cities that have been selected for its ‘Smart Cities Mission’, out of the 98 that were shortlisted. While it is hoped that these smart cities … READ FULL STORY
When the government of India announced the relaxation in foreign direct investment (FDI) norms, it seems to have done so, with a long-term blueprint in mind. FDI is likely to be crucial to the … READ FULL STORY
