No segment is as disappointed with the fate of Mumbai real estate as apartment owners of buildings scouting for redevelopment. In the exuberant days of 2006-11, developers were jumping over each other to gain favour among residents of buildings that had potential to get redeveloped. The older the building, the […]
In Affordable Housing Lies The Solution Of Urban Inequality & Exclusion
In the Delhi elections, the promise of “Jahan jhuggi, vahan makaan” (where the house, there the home) resounded across party manifestos. Today, it faces a grave challenge — a recent order from the Supreme Court directing the possible forced eviction of 48,000 households on railway land. The order is currently stayed with […]
India Ratings Paint A Gloomy Picture For Residential Real Estate
India Ratings and Research (Ind-Ra) has maintained a negative outlook for the residential real estate sector for the second half of 2020-21. It has revised its recovery estimates on the possibility of a slower-than-expected recovery. The ratings agency believes the overall residential demand would decline about 40% on-year in the […]