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May 18, 2017 08:00 AM IST 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 R
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May 17, 2017 03:00 PM IST 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 R
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May 12, 2017 08:00 AM IST 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 R
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May 11, 2017 08:00 AM IST 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 R
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May 11, 2017 08:00 AM IST 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 R
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May 10, 2017 06:00 PM IST 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 R
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May 10, 2017 08:00 AM IST 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 R
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May 09, 2017 02:00 PM IST 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 R
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May 05, 2017 08:00 AM IST 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 R
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May 05, 2017 08:00 AM IST 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
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May 04, 2017 05:00 PM IST 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 R
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May 04, 2017 08:00 AM IST 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 R
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May 03, 2017 08:00 AM IST 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, R
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May 02, 2017 06:00 PM IST 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 R
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May 02, 2017 01:00 PM IST 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 R
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May 02, 2017 08:00 AM IST 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 R
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Apr 28, 2017 02:00 PM IST 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 R
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Apr 28, 2017 08:00 AM IST 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. R
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Apr 27, 2017 05:00 PM IST 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 R
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Apr 26, 2017 05:00 PM IST 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 R
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Apr 26, 2017 05:00 PM IST 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 R
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Apr 26, 2017 08:00 AM IST 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 R
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Apr 20, 2017 08:00 AM IST 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 R
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Apr 19, 2017 08:00 AM IST 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 R
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Apr 18, 2017 03:00 PM IST 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 R