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Ready reckoner rates continue to hang in a limbo
Source: The Times of India Jan 13, 2016
As a home-buyer, what would you do if the government's monetary understanding of the property that you want to buy is different than its actual market price? Will you pay extra in the form of stamp duty and registration? As a developer, what are the options with you if the policies force you to ask the home-buyer to pay for higher registration and stamp duty than the price at which you can sell to see your inventory getting absorbed? ... more
India may be third largest economy after 2030
Source: The Times of India Jan 12, 2016
India could become the world's third largest economy after 2030 and its ascension could see France and Italy kicked out of the exclusive G8 group or its membership increased to 10 to accommodate India and Brazil, according to a new study. ... more
Homes with luxuries like never before
Source: The Times of India Jan 12, 2016
Here's what you can expect in 2016 to unfold in terms of luxury and amenities that will be offered to home buyers in coming days. ... more
Making home melodious
Source: The Times of India Jan 12, 2016
There are many ideas that you can use to make your home look and feel musical with musical instruments. Harmony can be the essence of your home through musical instruments and the decor aspect they exude. Musical instruments can be put to good use instead of being shut in their cases and displayed proudly in living rooms, foyers, bedrooms and even bathrooms. ... more
Bidhannagar takes a leap under Smart City scheme
Source: The Times of India Jan 09, 2016
The Bidhannagar Municipal Corporation is all set to meet investors at the West Bengal Global Business Summit that takes off on January 8 to invest in the state's only planned satellite town. Bidhannagar (Salt Lake) municipality is one of the four municipality areas alongside New Town, Haldia and Durgapur which may come under the Centre's 'Smart City' scheme. ... more
Flavour of Spain in decor
Source: The Times of India Jan 05, 2016
A Spanish theme is a combination of classical architecture, bold and vibrant colours, and earthy materials that borrows from hues of nature. Spanish style homes have been a popular architectural choice of late. This style boasts of ancient classic architecture with stone, wood and metal used in the exterior and interiors. It exudes a country feel, fashioned largely from natural materials and setting off a rustic look. While the interiors may reflect a more contemporary aura, old-fashioned materials and detailing, in the form of accents, set the decor apart as Spanish. ... more
2016, a new dawn for real estate
Source: The Times of India Jan 05, 2016
The real estate sector witnessed its share of ups and downs in the year gone by. There were many startling lessons learnt as well. However, realty experts say that the year ahead will prove to be a game-changer. ... more
State starts direct bank transfer for land acquisition
Source: The Times of India Jan 05, 2016
In a bid to ensure transparency and check corruption in the urban development authority, the state government has decided to credit compensation directly in bank accounts of landowners when their property is acquired by Huda. Earlier, payments were done either by cheque or demand draft and landowners had to visit Huda offices umpteen times and grease the palms of officials to get payment. ... more
State starts direct bank transfer for land acquisition
Source: The Times of India Jan 05, 2016
In a bid to ensure transparency and check corruption in the urban development authority, the state government has decided to credit compensation directly in bank accounts of landowners when their property is acquired by Huda. Earlier, payments were done either by cheque or demand draft and landowners had to visit Huda offices umpteen times and grease the palms of officials to get payment. ... more
Trend setter - Work smart, work from home
Source: The Times of India Dec 29, 2015
Home office is that modern concept that wows with an innovative spirit and transforms workstation into office-like atmosphere, adding it with a personal touch. ... more
Branded luxury homes getting an edge
Source: The Times of India Dec 29, 2015
Welcome to today's India where homes are not just mere necessity, homes have become a luxury. As per today's mindset of new generation, not only the area but the 'address' also matters a lot. The idea of luxury and brand has sunk in to real estate as well. Elite clientele of such projects are ready to spend any number for such homes. ... more
Party in style this season
Source: The Times of India Dec 29, 2015
Bring in Christmas and the New Year in style. The year-end season is a time to party. ... more
Infra, connectivity backbone of commercial realty
Source: The Times of India Dec 17, 2015
For any real estate region to perform and grow, infrastructure and connectivity serves as the backbone. Every resident and user thrives for a habitat which is able to meet their daily needs and, infrastructure and connectivity plays this role of fulfilling the need. For any resident, a decently-developed infrastructure in the neighbourhood allows them to live a peaceful life and those who are not the residents of a region are dependent upon good connectivity to commute hassle-free and meet their respective needs, which can be official commutation, recreational travel and others. Thus, the real estate sector can only succeed once there exists sound infrastructure and connectivity for its users. ... more
Will Industry tag boost up real estate sector?
Source: The Times of India Dec 17, 2015
Recently CREDAI launched a protest demanding industry status to the real estate sector, which is the second biggest employer in the country after agriculture. It also supports more than 126 ancillary industries. ... more
Don't apply new law to ongoing projects
Source: The Times of India Dec 15, 2015
Even as realtors welcome Real Estate (Regulation and Development) Bill, 2015, they are expressing concerns over provisions regarding registration of ongoing projects and cancellation of registered projects by the regulator. The bill will be presented in Parliament during the ongoing winter session. ... more
Eased ECB norms to help organised real estate sector
Source: The Times of India Dec 15, 2015
According to a recent report, the country's developers may soon be able to get financial investment from abroad to complete their projects and provide homes to the buyers. Fast fact developers who are in the process of developing large integrated townships and affordable housing projects are expected to benefit the most. ... more
Open spaces with mirrors
Source: The Times of India Dec 15, 2015
Mirrors can be chosen to augment, define or accentuate what is already present in the space. They make for stunning wall high-lights when grouped together. ... more
Malls in India need to reinvent themselves
Source: Financial Chronicle Dec 10, 2015
It comes as no surprise that organised retailing is projected to grow at the rate of 25-30% per annum to touch $75 billion by 2017.

The mall segment in India’s real estate sector has seen massive transformation in the last two decades. From a cluster of few stores selling branded goods along with couple of restaurants and coffee shops tucked in a corner, malls today have not only grown exponentially in size, they also offer a wide variety of options to the shopaholic, gigantic food courts with an eclectic menu and a host of entertainment activities, including multi-screen cinema halls

... more
Cabinet nod for Realty Bill changes clears way for regulator
Source: The Hindu Business Line Dec 10, 2015
The Union Cabinet on Wednesday approved several amendments to the Real Estate (Regulation and Development) Bill, 2015 aiming at protection of interests of buyers as well as promoting investments in the sector. ... more
Smart home market to record 30% growth year-on-year: Report
Source: The Hindu Business Line Dec 10, 2015
State laws are against the idea of ‘ease of doing business’ and the Centre and States need to be in sync with respect to approvals and taxation in real estate business, Getamber Anand, President, Confederation of Real Estate Developers’ Associations of India (CREDAI) said on Wednesday. ... more
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