Over the decades, as metropolitan cities in India were flooded with migrants, the influx led to growing shortfalls in civic facilities. As the number of residents rose every year, living conditions gradually went from bad to worse. Conversely, property rates kept rising with each passing year, making most people’s chances […]
RERA To Get Judicial Powers to Accelerate Dews
Realty regulator working on a draft to give more power to execute its own orders The Real Estate Regulatory Authority (RERA) in Karnataka may soon have the judicial powers, similar to what is enjoyed by the consumer forum. Taking a leaf out of its counterparts in Madhya Pradesh, Karnataka’s realty […]
2019 Witnessed Real Estate Sector At Its Resilient Best
Resilience stood out as the hallmark of the real estate market in 2019 amid all-round economic slowdown. Propelled by reforms across several sectors, India travelled several notches up on the ‘ease of doing business’ metrics to be ranked 63rd in the 190-nation ranking. This holds out hope for the year […]
Affordable Housing Will Continue To Prosper in 2020
A total of 65,799 housing units were sold during the quarter ending September and nearly half the units that were sold during the quarter are affordable homes. It is down, but certainly not out. Amid the challenging global economic environment, the stellar growth of Indian economy has also come under […]