The Model Tenancy Act has far-reaching implications for both the residential and commercial real estate asset classes, and will help create a three-tiered regulatory ecosystem for stakeholders, according to a report by Knight Frank and Khaitan & Co. From a residential standpoint, the research report – titled ‘2021: A New […]
Does Delhi Draft Master Plan Take Into Account Exigencies Like COVID-19
Master Plan for Delhi (MPD)-2041, the fourth such initiative for the national capital, provides a strategic framework for the city’s growth with a 20-year horizon. Delhi’s population is estimated to reach 29.1 million by 2041— from the current 20.6 million—assuming a medium growth scenario. Being the focal point of the […]
Suraksha Group All Set To Takeover Jaypee Infratech. Got The Nod From Lenders, Homebuyers
Suraksha group on June 23 received the nod from financial creditors and homebuyers to takeover the embattled real estate firm Jaypee Infratech Ltd (JIL). As many as 98.66% of lenders voted in favour of the Suraksha Group’s bid. The NBCC bid received 98.54% votes from the committee of creditors, sources […]
HOW Will COVID-19 First & Second Wave Pan Out For Commercial Real Estate
The second wave of COVID-19 came in as a rude shock. While there was a relative improvement in sentiments in October and November 2020, the pandemic reversed all the gains. Many offices which had been promoting work-from-home, especially the larger IT/ITES/BFSI companies, had started to believe that they would be […]
Will Real Estate Developers Come Up With Housing Projects Post Second Wave COVID-19 Second Wave?
With the second wave of COVID-19 abating, will real estate developers who adopted a cautious approach and deferred launches since the outbreak have the confidence to announce new projects in the second half of the year? Real estate experts said builders may not have a choice because they have been […]