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    • Mumbai‘s revised DCR to allow redevelopment of 30-year-old buildings

      In a move that has been welcomed by the residents and developers, the Brihanmumbai Municipal Corporation (BMC) has decided, through the revised Development Control Regulations (DCR), to allow the redevelopment of 30-year-old buildings. This &#82

    • Here’s why infra status to affordable housing may not mean cheaper homes in the metros

      Siddharth Chopra, a resident of Mumbai, was glued to the television news channels, during the live telecast of the Union Budget 2017-18. Like many, he was expecting a bonanza for middle-class affordable home buyers. &#82

    • More FSI for Mumbai: Boon or curse for home buyers?

      Recently, the Brihanmumbai Municipal Corporation (BMC), proposed to increase the floor space index (FSI) in Mumbai from 1.33 to 2.0. Such an increment, will directly impact the property prices in the area. FSI, also R

    • Cabinet approves relaxation in construction FDI norms

      The FDI norms have been relaxed for minimum built-up area and capitalisation. The minimum built-up area has been more than havled to 20,000 square metres. Currently 50,000 sq metres built-up area was a must for FDI, say sources.

    • Draft policy allows IT SEZ developers to exit: Sources

      CNBC-TV18's Nayantara Rai explains, quoting sources, that the draft SEZ policy allows IT SEZ developers to exit.

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