Bottom Line: The Indian property market has always been quite attractive for the Non Resident Indians (NRIs) to invest back home. The only concern has been with the opaque nature of the business where information and scientific process of due diligen...
News Point: Some of the hard hitting judicial verdict of the year 2016 indicate judiciary is no longer ready to give a long rope to the erring builders. For far too long the judicial delays have made the homebuyers suffer. The emerging realities of j...
News Point: There are very many arguments for and against the proposal to develop salt pans but primary concern is that whether the sea facing land parcels should be used for affordable housing or high end luxury properties. The demand for urban habi...
Bottom Line: The New Model Building By-laws (MBBL) promises to reduce human interface and provide a structural framework to create an online single window system, thereby reducing corruption. One of the fundamental reasons of delays in real estate ...
Within the built environment of Mumbai real estate there is hardly any two views as far as the need to have online approval is concerned. The debate today is more about the cost & benefit analysis of the announcement of Maharashtra Government t...
The move comes days after Rahul Gandhi assured homebuyers that Congress was committed to strong real estate bill. Congress has written to Prime Minister Narendra Modi and Urban Development Minister M Venkaiah Naidu, asking them to have the Real Estat...
The Union Budget 2016-17 only touches upon some pain points without addressing larger concerns; yet sector not complaining. The Union Budget for the last few years was a matter of hurt burn for the real estate sector. The post budget reactions always...
Housing demand is a serious matter of concern and the business needs a policy booster but the Union Budget 2016-17 proved to be an uneventful exercise. Though everyone within the policy corridors acknowledges the fact that the sector has the potentia...
The new launches have drastically slowed down in Mumbai due to confusion with Development Plan. A perception has gained ground that the less launches are due to slow sales, liquidity crunch of the developers and other market realities. Though these r...
AAI has been entrusted with the responsibility of issuance of ‘No Objection Certificate’ for height clearance for structures around the airports to achieve the objective of flight safety. “Let’s admit! Our building height restrictions are arc...
