Despite being battered by the second wave of the coronavirus disease, financial capital Mumbai would continue to remain the economic centre of India, according to a report published by HT’s sister website Livemint earlier on Tuesday. With the continuing decline of Covid-19 cases witnessed in the city and throughout Maharashtra, […]
Mumbai Real Estate All Set For A Grand Revival
The second Covid wave has taken a substantial humanitarian toll over the past couple of months. This unfortunate turn of events has followed a fairly successful handling of the first wave and rapid economic recovery towards the end of last year. Both the government as well as private agencies have […]
Builder’s Cannot Seek Indiscriminate Extension Of Project Deadlines From RERA: Home Buyer’s Body
It’s been five years since the Real Estate (Regulation and Development) Act was implemented but till date less than 10% of the ongoing real estate projects that were registered under the Act have been delivered as developers have all along asked for extension in project timelines, said Abhay Upadhyay, president […]
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 […]
Noida Takes The Lead In Office Space Uptake In Delhi/NCR Overtaking Gurgaon
Noida has been consistently topping the charts as Delhi NCR’s best performing market in terms of net office space absorption for four consecutive quarters. However, it still has a lot to cover compared to competitor Gurgaon, which accounts for a major share of offices occupied by large MNCs and KPOs, […]