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  • RERA: The final hope of home buyers? May 18, 2017 08:00 AM IST

    RERA: The final hope of home buyers?

    The Indian real estate sector has been largely unregulated except for a few states like Maharashtra, Uttar Pradesh, Andhra Pradesh, Delhi and Karnataka. Any pro-consumer development was solely a result of judicial activism. This &#82

  • Navi Mumbai sees biggest office rentals increase, over the last 12 months May 17, 2017 03:00 PM IST

    Navi Mumbai sees biggest office rentals increase, over the last 12 months

    In 1Q2017, the y-o-y increase in rentals was the highest in Navi Mumbai at 9%. Mumbai‘s gross average rents, which include Thane and Navi Mumbai micro-markets, rose by only 1% (y-o-y). Within Mumbai, the western suburbs‘ micro-market &#82

  • How will RERA impact real estate agents? May 12, 2017 08:00 AM IST

    How will RERA impact real estate agents?

    Under the Real Estate (Regulation and Development) Act (RERA), which came into force on May 1, 2017, real estate agents will need to register themselves, to be able to facilitate a transaction. The broker &#82

  • Can technology combat high costs and extended delivery timelines? May 11, 2017 08:00 AM IST

    Can technology combat high costs and extended delivery timelines?

    A Mumbai-based developer announced last year, that they would give possession of completed apartments within two years of launch, failing which, the apartments would be given free. While this may have sounded like a mere &#82

  • Post RERA, will Haryana home buyers turn to Allottees‘ Grievance Redressal Forum? May 11, 2017 08:00 AM IST

    Post RERA, will Haryana home buyers turn to Allottees‘ Grievance Redressal Forum?

    Sunil Singh, a resident of Gurugram, continues to wait for the completion of his group housing project, where only 50 per cent of the project is complete and the authority has issued the occupancy &#82

  • With RERA a reality, should you buy a home now, or wait? May 10, 2017 06:00 PM IST

    With RERA a reality, should you buy a home now, or wait?

    The Real Estate (Regulation and Development) Act (RERA) has finally become a reality. Although there still are plenty of hiccups and it will take some time for the industry to absorb all the facets &#82

  • Student housing: The next big real estate asset class? May 10, 2017 08:00 AM IST

    Student housing: The next big real estate asset class?

    Globally, student housing is acknowledged as an important and lucrative real estate segment. It is generally included under the ‘alternative‘ real estate asset classes. In its current form in India, student housing essentially comprises &#82

  • How will GST impact the various segments of Indian real estate? May 09, 2017 02:00 PM IST

    How will GST impact the various segments of Indian real estate?

    The Goods and Services Tax (GST) is, beyond doubt, the most revolutionary tax-related reform to be seen in India in several decades. It will eliminate the conflicting and cascading taxation structures, which have confounded &#82

  • Surcharge and RR hike in Mumbai will burden buyers and sellers May 05, 2017 08:00 AM IST

    Surcharge and RR hike in Mumbai will burden buyers and sellers

    Recently the Brihanmumbai Municipal Corporation (BMC) in its budget, had proposed a surcharge of one percent on the sale and purchase of properties, to fund its infrastructure projects. In yet another move, the Maharashtra &#82

  • Mumbai‘s revised DCR to allow redevelopment of 30-year-old buildings May 05, 2017 08:00 AM IST

    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

  • Mumbai Development Plan 2034: Focus on affordable housing May 04, 2017 05:00 PM IST

    Mumbai Development Plan 2034: Focus on affordable housing

    The long awaited Mumbai Draft Development Plan (DP) 2014-2034, is in the final stages of approval and is likely to be implemented in 2017. Keeping in line with the national objective of ‘Housing for &#82

  • Why renting a house in Chennai, may be a better option than buying May 04, 2017 08:00 AM IST

    Why renting a house in Chennai, may be a better option than buying

    Chennai has witnessed a huge influx of population, owing to the growth in employment opportunities, especially in the IT and manufacturing sectors. Obviously, this had led to a rise in the demand for properties &#82

  • Why does Noida command the lowest rentals in India? May 03, 2017 08:00 AM IST

    Why does Noida command the lowest rentals in India?

    Rakesh Sharma, a retired doctor, spent his lifetime savings to buy an apartment along the Noida-Greater Noida Expressway. Sharma, who already owned a house in Delhi, hoped to lead a comfortable life after retirement, &#82

  • Real Estate Act comes into force, only 13 states notify rules May 02, 2017 06:00 PM IST

    Real Estate Act comes into force, only 13 states notify rules

    Although the Real Estate (Regulation and Development) Bill, 2016 was passed by Parliament in March 2016 and all the 92 sections of the Act come into effect from May 1, only 13 states and &#82

  • RERA comes into force but concerns remain May 02, 2017 01:00 PM IST

    RERA comes into force but concerns remain

    The Real Estate (Regulation and Development) Act, 2016, popularly known as RERA, came into effect from May 1, 2017, as was originally stipulated a year ago. It is not as if the states have &#82

  • Vasai-Virar: Mumbai‘s affordable destination May 02, 2017 08:00 AM IST

    Vasai-Virar: Mumbai‘s affordable destination

    Vasai-Virar is one of the few locations that have witnessed promising growth and consistent demand for housing, in the subdued atmosphere prevalent in the real estate market. According to experts, the property prices in &#82

  • The 3-step guide to buying a home during Akshaya Tritiya Apr 28, 2017 02:00 PM IST

    The 3-step guide to buying a home during Akshaya Tritiya

    Akshaya Tritiya is an occasion that draws people to invest in the most profitable asset classes. With real estate providing high returns over the long-term period, Akshaya Tritiya is considered as the most auspicious &#82

  • Dilutions threaten RERA‘s effectiveness Apr 28, 2017 08:00 AM IST

    Dilutions threaten RERA‘s effectiveness

    The initial euphoria generated after the notification of the Real Estate (Regulation & Development) Act (RERA), on May 1, 2016, is now waning, with increasing doubts over its effectiveness in protecting the consumers‘ interests. &#82

  • The RERA effect: Indian real estate waits to inhale Apr 27, 2017 05:00 PM IST

    The RERA effect: Indian real estate waits to inhale

    Did demonetisation erase black money in real estate? Just a couple of months ago, demonetisation appeared to have taken all the remaining steam out of our Indian real estate’s sails. Sales in the significantly &#82

  • Residential sales up by 13%, launches by 19% in Q4 FY17: PropTiger‘s Realty Decoded report Apr 26, 2017 05:00 PM IST

    Residential sales up by 13%, launches by 19% in Q4 FY17: PropTiger‘s Realty Decoded report

    PropTiger.com, on April 26, 2017, released the findings of its ‘Realty Decoded Report‘ for the January-March quarter of the financial year 2016-17 (Q4, FY17). As per the report, the real estate sector in India &#82

  • As RERA deadline looms, many states yet to notify rules under the Act Apr 26, 2017 05:00 PM IST

    As RERA deadline looms, many states yet to notify rules under the Act

    With Maharashtra setting up a regulator in accordance with the Real Estate (Regulation and Development) Act (RERA), it joins a small community of states that have notified their respective realty regulators to be set &#82

  • NRIs prefer to invest in hometown over major metros Apr 26, 2017 08:00 AM IST

    NRIs prefer to invest in hometown over major metros

    More than three-fourths (78%) of non-resident Indians (NRIs), who are looking to invest in real estate in the country, wish to do so in their hometown. Among the NRIs who are investing for the &#82

  • Developers are experimenting with disruptive marketing Apr 20, 2017 08:00 AM IST

    Developers are experimenting with disruptive marketing

    While developers in India have often been blamed for being stereotypical, to the extent that even the marketing brochures of identical projects are similar, some first movers are experimenting with innovative/disruptive marketing and with &#82

  • Buying an independent floor property in NCR? A checklist Apr 19, 2017 08:00 AM IST

    Buying an independent floor property in NCR? A checklist

    In 2006, the real estate market in the National Capital Region (NCR), was witnessing the growth of a number of property segments. Sushant Lok, a newly-developed region of Gurgaon, was emerging as a real &#82

  • What is the right age to buy a home? Apr 18, 2017 03:00 PM IST

    What is the right age to buy a home?

    In India, the current belief is that property investment is ideal, only for those with upcoming or established careers. However, is this true? How do banks, lenders and the property sector at large, view &#82

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