Development Control Regulations

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

The FSI premium that is hurting Mumbai‘s property market

“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 &#82

DB Realty to roll out 3 projects, eyes Crown for jewels

Vipul Bansal, group CEO, DB Realty, talking to CNBC-TV18, says the company, which has an inventory above Rs 30,000 crore, plans to launch three key projects in the next 3-4 months.

Mumbai property rate to dip on unsold stock: Knight Frank

The Mumbai market currently has an unsold inventory of 80,000 units which forms 37% of the total residential supply under construction. The investors' segment that makes up approximately 20% of the market demand has been observed to be actively offloading its real estate holdings

Realty development control drag! New rules = Costlier homes

When the Maharashtra government revamped the new Development Control Regulations (DCR) a month ago, it was to increase transparency in real estate transactions. But CNBC-TV18's Priyanka Ghosh reports that these guidelines mean home buyers will have to shell out more.

Rising interest, input cost may hit FY12 margin: Orbit Corp

Pujit Aggarwal, managing director of Orbit Corporation in an interview to CNBC-TV18 said, last one year has been nightmarish for the company due to concerns related to sanctioning of projects.