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  • Explained: How Model Tenancy Act impacts landlords & tenants Jun 03, 2021 10:02 PM IST

    Explained: How Model Tenancy Act impacts landlords & tenants

    The Union Cabinet has approved the Model Tenancy Act on June 2, 2021, with an aim to revamp the legal framework with regard to rental housing across the country. The act aims to overhaul the legal framework for house renting, open up the vacant housing stock for rental housing purposes, and help bridge the trust deficit that exists between tenants and landlords by clearly delineating their obligations. Karunya Rao decodes its impact on tenants as well as landlords.

  • Model Tenancy Act: What it means for you, how it will help, and other questions answered Jun 02, 2021 09:12 PM IST

    Model Tenancy Act: What it means for you, how it will help, and other questions answered

    Real estate experts say that the Act can fuel the rental housing supply pipeline by attracting more investors, and more rental housing stock will help students, working professionals and migrant populations to find urban accommodation, especially in COVID-19-like exigencies.

  • Extension of tax holiday on investment in affordable housing until March 2022 to boost realty sector: Hardeep Singh Puri Feb 01, 2021 07:09 PM IST

    Extension of tax holiday on investment in affordable housing until March 2022 to boost realty sector: Hardeep Singh Puri

    A portal launch for migrant workers has also been proposed under Budget 2021 which will collect relevant information on gig, building and construction workers.

  • Union Budget 2021 | FM Sitharaman extends affordable housing benefit until March 2022 Feb 01, 2021 02:09 PM IST

    Union Budget 2021 | FM Sitharaman extends affordable housing benefit until March 2022

    In order to promote supply of Affordable Rental Housing for the migrant workers, it is also proposed to allow a new tax exemption for the notified Affordable Rental Housing Projects

  • 'Interventions required for rental housing in Budget 2020' Jan 28, 2020 01:17 PM IST

    'Interventions required for rental housing in Budget 2020'

    The Budget should review policies to benefit all stakeholders associated with rental housing and the framework must simplify the existing rental structures to promote overall growth.

  • 11.09 million vacant houses in India; high potential for institutional rental housing: Report Oct 14, 2019 02:58 PM IST

    11.09 million vacant houses in India; high potential for institutional rental housing: Report

    Tamil Nadu has the highest percentage share of rented households in India, followed by Andhra Pradesh and Maharashtra, according to a new report.

  • As unsold inventory builds up, developers add rental housing to residential portfolio Jul 15, 2019 11:18 AM IST

    As unsold inventory builds up, developers add rental housing to residential portfolio

    While some realty firms plan to build student housing projects, others are testing waters by investing in co-living startups.

  • Budget 2019 | Several reforms to be undertaken to promote rental housing, says FM Nirmala Sitharaman Jul 05, 2019 11:55 AM IST

    Budget 2019 | Several reforms to be undertaken to promote rental housing, says FM Nirmala Sitharaman

    This could reduce reluctance to rent and enhance the supply of rental homes, making productive use of vacant houses

  • Co-living segment expected to provide impetus to real estate sector Jun 28, 2019 02:35 PM IST

    Co-living segment expected to provide impetus to real estate sector

    The co-living market is expected to offer a business opportunity of Rs one trillion by 2023.

  • 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

  • How much of your salary should you spend on rent? Apr 01, 2017 08:00 AM IST

    How much of your salary should you spend on rent?

    The rental housing market has many options, available at various rates. Consequently, it may be difficult for a prospective tenant to figure out how much to spend as rent. The answer to this, depends &#82

  • Strong rental market is key to Chennai realty‘s growth Feb 22, 2017 04:00 PM IST

    Strong rental market is key to Chennai realty‘s growth

    Chennai has grown exponentially in recent decades. It attracts an endless sea of people who keep moving in to the city, primarily for career and educational prospects. Employment and education opportunities and lifestyle prospects, &#82

  • Wanted: A budget for budget housing Jan 30, 2017 08:00 AM IST

    Wanted: A budget for budget housing

    Right before Union Budget 2017-18, the issue of budget or affordable housing, is once again in the spotlight. As the central government reiterates its commitment towards ‘Housing for All‘, this aim cannot be fulfilled &#82

  • Home buyers‘ wish-list for Budget 2017: Remove investors, encourage end-users Jan 18, 2017 01:00 AM IST

    Home buyers‘ wish-list for Budget 2017: Remove investors, encourage end-users

    The Indian home buyers are quite convinced that whatever incentives are given to them in the union budget, will never reach them. The reason: Investors and middlemen in the Indian housing market, will absorb &#82

  • Which is more attractive: Rental income from residential or commercial property? Dec 22, 2016 08:00 AM IST

    Which is more attractive: Rental income from residential or commercial property?

    People often do not recognise the difference between residential and commercial properties, while making an investment and therefore, tend to focus on just one type. The leasing businesses in the residential and commercial segments, &#82

  • How realistic is India‘s Smart Cities Mission? Nov 04, 2016 12:21 PM IST

    How realistic is India‘s Smart Cities Mission?

    Urbanisation in India, is increasing at a rapid pace. It is estimated that by 2030, over 40% of Indians will live in cities, accounting for a population of 600 million people. Consequently, it is R

  • Rents in Noida on a downward slide Oct 13, 2016 11:20 AM IST

    Rents in Noida on a downward slide

    Pramod Varshney shifted to a rented 2-BHK flat in Noida‘s Sector 137, a couple of years back, at a rental of Rs 13,500 per month. The lease agreement specified a 10% hike in rentals, &#82

  • How rental housing benefits our cities Apr 06, 2016 07:27 PM IST

    How rental housing benefits our cities

    With more families able to depend on rental properties, the city‘s housing market as a whole gets more standardized.

  • Govt to bring new tenancy law to promote rental housing Mar 15, 2016 08:32 PM IST

    Govt to bring new tenancy law to promote rental housing

    The government today said it will come out with a modern tenancy law to promote rental housing in urban areas after taking into account the contemporary requirements of the tenants.

  • Rental housing – Is it a solution for housing shortage? Dec 02, 2015 04:33 PM IST

    Rental housing – Is it a solution for housing shortage?

    Rental housing appears to be a step in the right direction. However, more work needs to be done to see some meaningful improvement in housing sector.

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