In my May 12th, 2020 column “The Mumbai real estate bumper sale has begun” I had announced that home prices in the city had started to cracked sharply. Finally. Skeptics had then doubted the possibility that home prices would fall. It wasn’t hard to blame them. The ability of developers […]
DLF All Set To Make It’s Presence Felt In Mumbai – Chennai Residential Property Market After NCR
DLF, the country’s largest listed developer, could again diversify into residential-property markets such as Mumbai and Chennai after focusing on its home turf, the National Capital Region (NCR). The developer started concentrating on Delhi-NCR after selling some of its land parcels in cities such as Mumbai in 2012 to reduce […]
Work From Home In The Times Of COVID-19 Pandemic Has Led To The Increased Demand For Houses In City Outskirts
COVID-19-triggered ‘work from home’ norm has increased residential demand in suburbs in Bangaluru, Chennai, Hyderabad, Delhi-NCR and Pune, according to real estate platform NoBroker.com. Areas that were not previously considered by working professionals are now experiencing greater demand, it said, citing latest data. Potential homebuyers were earlier researching best localities […]
H-RERA Comes Up With Mediation Forum For Swift Resolution Of Real Estate Disputes
The Haryana-Real Estate Regulatory Authority (H-Rera), Gurugram, has established a mediation forum for the amicable resolution of disputes between real estate developers and homebuyers. The authority said that alternate dispute resolution (ADR) mechanisms like arbitration, mediation, and conciliation are much more private, economical and time-saving than litigation. As such, the […]