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 R
The Pune Municipal Corporation recently sanctioned the new development control regulations (DCR), which allows for higher floor space index (FSI) in certain categories, in non-congested areas. Small developments are likely to benefit more from R
A report by Bridge to India suggests that the Indian government had unnecessarily wasted time and money on pursuing a protectionist policy and its repeal by the WTO may in fact be helpful in the long-term.
“Even though I am buying an apartment of 1,470 sq ft in Mumbai, I am not getting even one decent balcony. If this is the situation in a large apartment, I can understand the R
While some project delays are caused due to developer's fault, delay in securing in project approval also lead to project delay. Consumers should be aware that a certain degree of due diligence and awareness about their rights can protect them against unscrupulous practices by developers.
CNBC-TV18's Priyanka Ghosh reports the ways in which the implementation of the new Maharashtra Housing Bill will impact the developer and consumer.
Tough times continue for the realty space and adding to it, are the Mumbai Development Control Regulations or DCR guidelines, doled out five months back. So much so, that both consumers and developers are up in arms against the implementation of the new guidelines, reports CNBC-TV18's Priyanka Ghosh.
Emminent entrepreneur C Sivasankaran plans to encash his Rs 310 crore investment in Hindustan Mills but sources says that the exit might have to weather rough conditions, reports Priyanka Ghosh of CNBC-TV18.
Home buyers are returning to make purchases despite developers announcing a fresh round of price hikes, reports CNBC-TV18's Priyanka Ghosh.
Improvement in the buyer affordability equation may not be enough to boost sales
Prabhudas Lilladher has come out with its sector report on Mumbai real estate. According to the research firm the new rules could provide an impetus to land deals, which were earlier stuck owing to lack of policy clarity on FSI norms.
Maharashtra Chief Minister Mr Prithviraj Chavan has announced amendments (on Tuesday) in the Development Control Rules (DCR) of Mumbai; The Maharashtra Chamber of Housing Industry (MCHI) has welcomed the same.