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DDA to redevelop six more slums
NEW DELHI: DDA will be carrying out work on six new in situ slum redevelopment projects across the city based on the public-private partnership model,...
India’s “accommodative” monetary policy stance
India’s Monetary Policy Committee has done it this time by 35 basis points -- to support growth in the economy at a time when...
Climate change gets builders serious
Climate change isn’t just real we can see its effects in our own housing complex. As the rains lash Mumbai, it’s hard to ignore...
Real estate brings back old fashioned barter system
The real estate industry has pulled in the old fashioned barter system as cash-strapped developers offer unfinished apartments instead of cash payment to their...
29% of H1 2019 Housing Supply Qualifies in top 7 Cities
ANAROCK data reveals that of the total housing supply of 1,39,490 units in the top 7 cities H1 2019, merely 39,840 units meet these...
Mapletree to exit Bengaluru’s Global Tech Park
Singapore-based Mapletree Investments Private Ltd is exiting an office project in a deal estimated at Rs 2,500 crore — one of the largest commercial private equity exits...
IL&FS to sell off two of its towers at the Gift City
The
IL&FS Group has put on sale its entire commercial real estate assets in
Gujarat International Finance Tec-City (Gift City) which is likely to fetch
around Rs...
Homebuyers see greater resistance- Chennai
Chennai could be a market for consumers. But absence of liquidity for building firms and high interest rates charged by housing finance firms have resulted in greater stalled projects and fewer fresh projects resulting in greater opposition from homebuyers.Chennai has 8,650 postponed units worth almost Rs 5,620 crore that are still to be supplied. These projects were introduced in or...
Model Tenancy Act 2019 – Landmark Event or Another Work in Progress?
India’s housing policies have so far largely focused on building more homes and on home ownership, and little has been done to promote rental...
Union Budget 2019: Futuristic but Cautious
Finance Minister Nirmala Sitharaman presents her first budget. It has been one hour and given below are the major declaration relating to housing, railway,...