Agreeing to the request of the Confederation of Real Estate Developers Association of India (Credai) and National Real Estate Development Council (NAREDCO), Uttar Pradesh Real Estate Regulatory Authority (UP RERA) has extended completion deadlines for under-construction projects registered in the state by three months. “The authority appreciated that there has […]
A Difficult Procedure
The affordable category has been the saviour of the housing sector, which is experiencing its worst phase in the past five years. One major hurdle faced by lower middle class and EWS citizens is the cumbersome procedure in getting construction plan approved by local authorities. Since it is mandatory to […]
High Inventory Of Affordable Homes Anarock’s Blame Real Estate Developers: Anuj Puri
Poor quality and lack of infrastructure deterred buyers of affordable homes, which contribute the most to the unsold inventory, according to Anarock Property Consultants Pvt. Ltd. “Most of the unsold supply is at the periphery of the cities, built assuming people will move in despite absence of any social or […]
Dream House Is Not For You If You Cannot Afford It
For many years now India’s real estate has been under what is called a ‘time correction’. It’s been something like a decade. Time correction is a slightly fancy (actually, misleading) way of saying that prices are stagnant. At some point, this stagnation will end and real estate prices will head […]
Affordable Housing Logistics To Get A Spur From Sovereign Funds
The country’s affordable housing and logistics sectors could be potential investment targets for sovereign wealth funds (SWFs), on the back of tax exemptions announced in the Union Budget 2020 early this month. The Budget granted 100% tax exemption on interest, dividend and capital gains income to SWFs investing in infrastructure. […]
Check For These Legal Documents if Buying A House
Owning a house is often a dream for many. Buying a property, wherever it may be, is a long-drawn-out process. There are several hurdles that prospective homeowners need to cross, including having to deal with brokers, tenancy laws and even property condition, not to mention financing. Every document and procedure […]