Real Estate Forum on Construction Norms

Latest Answer: Hi, I think government is working towards earthquake proof residential properties.

Latest Answer: You are right Sujan, According to a Colliers India report, in Mumbai the average project delay is anywhere between 1-2 yrs. The presence of multiple regulations/regulators in the MMR region has led to delay in approvals and delivery of real estate. ccording to World Bank’s Doing Business 2015 report, India was ranked 142nd among 189 countries in the ease of doing business survey.

Latest Answer: Hi Krishnendu, And also do not give a false declaration as the bank may demand that you repay the loan in one chance and if you are not able to pay, it will spoil your credit history. If you don’t plan to construct a house instantly, you could apply for a plot loan or get the existing loan modified or converted into a plot loan.

Latest Answer: Hi Akash, This new rule will also give a boost to the 100 smart cities being planned by the government. Home buyers will also cheer the relaxation as fresh inflows raise the possibility of projects that are stuck getting completed and cheaper housing becoming available going ahead. Most housing projects are running one to two years or even more behind schedule because of the slowdown and the shortage of funds on account of elevated debt levels.

Latest Answer: The main documents regarding Kerala land is kept and maintained by Revenue Department ,Survey and land records department,Registration Department Agriculture Department Local Self Government Bodies There is no coordination between the departments They do not consult or get the consent of the concerned departments while according several sanctions The end result is that the records regarding land in those offices and documents with owners and holders are out dated Though the documents are to be true ,they are false We may see several land documents ,where big buildings, institutions are noted as fallow or paddy land ,as a paddy land This was the result of the fact that ,the local bodies did not consider it necessary to consult other departments before according building permit Even in cases where building permits are allowed in wet land/paddy land ,by ignoring the relevant laws and rules as before the act of 2008 ,the implementation o off paddy land was not considered as an a