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urban population

UN report: Delhi is world’s second most populous city

UN report: Delhi is world’s second most populous city
According to a United Nations’ report released on Friday, India’s capital city Delhi is the second most populous city in the world. The report- based on statistics as on July 1, 2014 – said that the total population of Delhi is approximately 25 million. As per the UN report, the most populous city in the [...] Continue Reading »

Housing shortage can’t be addressed alone by higher floor space index

Housing shortage can’t be addressed alone by higher floor space index
Real estate consultant KJ Singh said, “The mess that the real estate sector is in today will become worse if FSI is increased as the builder lobby has been asking for a higher FSI.” On a certain plot FSI is the total covered area on all floors of all buildings divided by the area of [...] Continue Reading »

Govt plans to use Residex to assess loan value

Govt plans to use Residex to assess loan value
To assess collateral values for home financing, the UPA-II government is planning to attach greater importance and weightage to Residex, an index to capture changes in the prices of residential buildings at the national level. This drive was initiated keeping in mind the need for new financing schemes for the urban slums’ housing. The economic [...] Continue Reading »



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