Commercial constructions
Despite an increase in vacancies and low business and investor sentiment, the office rent in various micro markets in Mumbai are still increasing. The main reason for increase in office space rental is that there is a lack of quality supply in superior locations. However, there is a basic scarcity of available good-quality, right-sized Grade [...] Continue Reading »
The Revised Master Plan (RMP) 2015 for Bangalore city is throwing a spot light on securing the realty sector. Recently, the Karnataka High Court has directed the concerned authorities to stop issuing permission for mixed land use. It has been learnt that the residential zones are being used for commercial purposes. A Division Bench comprising [...] Continue Reading »
Generally, once the residential or commercial constructions are completed developers or builders have a sole authority to maintain them. However, the state has no powers or regulated machinery to provide management of social infrastructure to any realty transactions directly. This is where the developers and builders have got complete authority of plots, houses or apartment maintenance. [...] Continue Reading »
