Realty News
The present data shows that nearly 30 % of India’s population lives in urban areas, that population is estimated to increase to 50 % in the next 15 years. Sustainable architecture needs to be in place to accommodate this surge in urban population. This means there will be more depletion of renewable resources and if [...] Continue Reading »
With the advent of technology, availability of data at a fingertip and advancement in market data availability, the primary cities in India have shown modest improvement in transparency over the past two years. The Jones Lang LaSalle (JLL) eighth Global Real Estate Transparency Index covering 102 markets globally shows that India has shown moderate improvement. [...] Continue Reading »
India has become increasingly tech savvy and Internet and a variety of digital platforms are increasingly influencing real estate purchase decisions in India. And if you thought that this trend is prevalent only in metros, then you will be surprised to hear that even the tier 2 and 3 cities are not far behind. The traditional [...] Continue Reading »
The housing ministry plans to include commercial and industrial real estate under the Real Estate (Regulation and Development) Bill, 2013 which is expected to be brought to the Parliament in the monsoon session. The ministry official mentioned that a proposal would be soon sent to M Venkaiah Naidu the housing and urban poverty alleviation minister, for approval and then [...] Continue Reading »
On the 26th of June, 2014, the Central Secretariat to Mandi House route shall be opened for the public. This one belongs to the Delhi Metro. Anuj Dayal who happens to be the Executive Director of DMRC has mentioned that since the line is about to opened for commercial services so that the public can [...] Continue Reading »
The six-month extension in excise duty concession announced by the Finance minister Arun Jaitley on Wednesday came as a small relief for the capital goods and consumer durables industries; however the economy of the country needs a drastic uplift for the sector to breathe easy. The buying power has reduced which had an adverse effect [...] Continue Reading »
The ministry of corporate affairs issued some clarifications in response to queries from stakeholders and made it clear that slum-redevelopment, road safety awareness and consumer protection services will be treated as Corporate Social Responsibility (CSR) activities. BJP’s election manifesto shouted loud and clear ‘’housing for all by 2022’’. The ministry, in a circular, has clarified [...] Continue Reading »
The new road transport minister Nitin Gadkari had recently taken the initiative to ask the National Highways Authority of India to speed up the process of completion of more than 24 projects which are currently moving at an extremely slow rate. He did this while trying to revive the highway sector. According to reliable sources, [...] Continue Reading »
Real estate developers have recently started to witness better and brighter days. This is primarily because the buyers are cheerful and enthusiastic after the Modi government has taken office from the 26th of May at the Centre. This has happened after many months of property transactions which were not very conspicuous. Ashok Tyagi, chief financial [...] Continue Reading »
In an official news release, the Chennai Corporation has revealed that it has efforts underway to launch a fully online system to facilitate developers in getting the requisite approvals for their building plans. According to the Chennai Corporation, the introduction of the fully online system will essentially speed up the building-plan approval process by eliminating [...] Continue Reading »
