Changing times have witnessed a conscious shift in the way luxury was perceived in Indian real estate. Till about 20 years ago a palatial house with plush amenities at a popular address was considered luxury. Not anymore! Coming up of high-end technologies, international brand associations and customized offerings have brought […]
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 […]
RERA Let Down Customers Whose Housing Projects Stuck After 5 years: Home Buyers Forum
The Forum for People’s Collective Efforts (FPCE), a group that campaigned for the enactment of the Real Estate (Regulation and Development) Act, said the regulation has failed to meet the expectations of scores of homebuyers whose investments were stuck in ongoing housing projects. Enacted five years ago, RERA covered both […]
Commercial Real Estate Occupiers Put Their Leasing Plans On Back Burner In Wake Of The Second Wave Of COVID-19 Pandemic
Ever since the first wave of COVID-19 struck last year compelling corporates to put their employees in work-from- home mode, several corporates across the country have renegotiated rentals with their landlords. As companies reel under the second wave of the pandemic, they continue with reduced rentals carried forward from the […]