Development Control Regulations (DCR)
The real estate prices around cities like Delhi and Mumbai have no signs of witnessing downtrend. With the announcement of Union Budget 2012 showing higher rates of service tax and excise duties, dream home concept will get more costlier. A latest real estate report from CRISIL states that the home prices in Mumbai which are [...] Continue Reading »
As the rate of service tax and excise duty has been increased in the budget, the property price in India may not reduce in near future. According to a report, the amendments made by Development Control Regulations (DCR) will increase the project construction costs for builders. The modified rule have revised the calculation of the [...] Continue Reading »
Happy go news for the citizens and property buyers in Mumbai! The amendments in Development Control Regulations (DCR) followed up by huge number of residential and commercial property launches have commenced showing the signs of property rates fall! Some of the real estate experts have predicted property rate fall by 10 and 30 per cent [...] Continue Reading »
Higher construction costs? again? None is aware as to why the property prices are hitting sky high! Recently, the Maharashtra government has called of for revision of Development Control Regulations (DCR) to increase transparency in real estate transactions. So, all the home buyers especially in Mumbai get, set and ready to shell out more money [...] Continue Reading »
