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New trend of city going vertical helps save energy
Source: The Times of India Mar 30, 2016
The concept of a vertical city is fascinating and attractive to some people, and may be totally repulsive to others. In principle, living and working in a building of high storeys makes a great deal of sense; it prevents the loss of farmland and natural greenbelts, it reduces air pollution (since all commuting is vertical where the distances are much shorter and the transport mechanism much more efficient) and reduces the need for all the roads that service horizontal cities, so people can just walk out into parkland. ... more
Tips for decorating dining room
Source: The Times of India Mar 30, 2016
Dining room is a place where people gather around delicious foods and have plenty of conversations. Creating the right atmosphere and designing the comfort space around with some clever dining room could definitely help. Dining room is not only about chairs and tables, but carving out a perfect space, dining room wallpaper, lighting, furniture and fitting and much more. ... more
Financial planning while buying a house
Source: The Times of India Mar 30, 2016
An investment in a house is a biggest financial commitment for most individuals. Earlier, most people used to buy residential property only after earning and accumulating funds for many years. However, in the recent times, proper financing by banks, increased incomes and tax benefits have made it easy for much younger people to purchase property. ... more
Builders can’t withhold registration charges under new policy
Source: The Times of India Mar 30, 2016
In a major relief to home buyers, the department of town and country planning (DTCP) has come up with a new policy to curb unauthorised retention of investors' money by builders on account of registration charges. ... more
Cut in home loan rates expected soon
Source: The Times of India Mar 30, 2016
A cut in the key interest rates seems set to happen sooner than expected. There are various factors pointing to it. The various initiatives launched by the government over the last couple of years, supported by global factors, have led to the inflation rate coming down and maintaining at acceptable levels. ... more
Builders can’t withhold registration charges under new policy
Source: The Times of India Mar 30, 2016
In a major relief to homebuyers, the department of town and country planning (DTCP) has come up with a new policy to curb unauthorised retention of investors' money by builders on account of registration charges. ... more
$1 trillion to enter global real estate markets in 2016
Source: The Economic Times Mar 30, 2016
Global real estate investors remain strongly expansionary in 2016, with more than US$1 trillion of planned expenditures anticipated to enter global real estate markets—6% higher than in 2015, according to the CBRE Global Investor Intentions Survey 2016. ... more
Column: Reckoning with inequality
Source: The Financial Express Mar 29, 2016
When it comes to the rise in economic inequality since the 1970's in the United States and some other advanced economies, it doesn’t really matter which measure of income distribution we choose: They all show the increase. And, while many competing explanations have been proposed, we do not need to agree about causes to concur on sensible policies to address the problem. There are many ways to measure inequality. Each can tell us something different. Many Asian countries’ recent economic success has reduced inequality by some measures (for example, a big fall in the poverty rate), but not by others (the high-low range has increased). In the US, however, all measures of inequality have pointed in the same direction since the turn of the century, reflecting the fact that the benefits of economic growth have gone almost exclusively to those at the top. The share of income received by the top 0.5% has reached 14%, where it was in the 1920's. Normally, one would think that diagnosing the cause of such a fundamental shift would be a necessary step in prescribing a cure. In that case, one might be discouraged by the over-abundance of plausible explanations that have been offered and the difficulty in choosing among them. ... more
Rising cost of land a major roadblock in national highway expansion
Source: The Economic Times Mar 29, 2016
Land acquisition cost for national highway projects has shot up sharply in the current financial year on account of the new land acquisition law that came into force in 2015, dealing a blow to the government's ambitious plan to crisscross the country with top quality roads. The government paid Rs 1.35 crore per hectare in 2014-15, which has gone up 65% to Rs 2.22 crore per hectare in the current financial year. ... more
Planning for homecoming
Source: Business Standard Mar 28, 2016
Venkat Naishadham, 43, working for Citibank in Mexico City, plans to shift back to India this summer. After 17 years abroad, he is excited about being back in the country and hopes to devote more time to philanthropic activities (he has adopted a village near Hyderabad). But, he is also worried about whether his children will be able to cope with the heat, the crowds, and the challenges of day-to-day living in India. Non-resident Indians (NRIs) like Naishadham should also give a lot of thought to the financial aspects of shifting back to India and the challenges that arise in its wake. ... more
Industry cheers as parliament gives nod to RERA
Source: The Times of India Mar 17, 2016
Real Estate Bill finally gets a go ahead. Read on to know how the real estate fraternity reacts- S K Sayal, MD & CEO, Bharti Reality Ltd. ... more
Decor tips for gardening in smaller homes
Source: The Times of India Mar 17, 2016
The concept of terrace garden is very old. Apart from the decorative aspect, a terrace garden is also gaining popularity as most people live in apartments and pent house which are the only luxuries which they can afford and it is not possible for all of them to live in bungalows. ... more
Know the advantages of ready to move in homes
Source: The Times of India Mar 17, 2016
A new home is a dream many cherish. It is never a daunting task if planned well. A home always entails a large budget and loan. Invariably, the repayment stretches across most of one's working years. ... more
Taxable income from property
Source: The Times of India Mar 17, 2016
Income from a property is taxable only when the property is either used or capable of being used for renting out in case an individual or Hindu Undivided Family. ... more
Projects worth Rs 6.72 lakh crore get environmental nod in 20 months
Source: Livemint Mar 09, 2016
As many as 943 projects entailing investments worth Rs 6.72 lakh crore received environmental clearance in the last 20 months, government said today. ... more
Projects worth Rs 6.72 lakh crore get environmental nod in 20 months
Source: Livemint Mar 09, 2016
As many as 943 projects entailing investments worth Rs 6.72 lakh crore received environmental clearance in the last 20 months, government said today. ... more
CREDAI shares recommendations on ‘Housing for All'
Source: The Times of India Mar 09, 2016
At the onset of the pro-housing Union Budget announced recently, CREDAI members today met Shri. M. Venkaiah Naidu Hon’ble Minister of Urban Development, to thank him for his stewardship of real estate sector which has made possible for CREDAI to contribute to the national goal of 'Housing for All by 2022'. CREDAI delegation led by Mr. Getamber Anand, Mr. Jaxay Shah, Mr. Boman Irani and Mr. Shekhar Patel today called upon Shri. M. Venkaiah Naidu, Hon’ble Minister for Urban Development and Housing and Urban Poverty Alleviation, Govt. of India. ... more
CREDAI shares recommendations on ‘Housing for All'
Source: The Times of India Mar 09, 2016
At the onset of the pro-housing Union Budget announced recently, CREDAI members today met Shri. M. Venkaiah Naidu Hon’ble Minister of Urban Development, to thank him for his stewardship of real estate sector which has made possible for CREDAI to contribute to the national goal of 'Housing for All by 2022'. CREDAI delegation led by Mr. Getamber Anand, Mr. Jaxay Shah, Mr. Boman Irani and Mr. Shekhar Patel today called upon Shri. M. Venkaiah Naidu, Hon’ble Minister for Urban Development and Housing and Urban Poverty Alleviation, Govt. of India. ... more
Tata Housing & SBI team up, special interest rate for women
Source: The Times of India Mar 09, 2016
The first thing that comes to mind when we say TATA Housing and State Bank of India is trust, values, scale , credibility and a long legacy. Both the institutions have been instrumental in the progress of the nation in a large way. The most trusted brands of India are collaborating on this International Women’s Day to celebrate the ‘Power to Women’ from 8th – 13th March 2016. ... more
'Gender equality should translate into reality'
Source: The Times of India Mar 09, 2016
"A woman with a voice is by definition a strong woman. But the search to find that voice can be remarkably difficult." - Melinda Gates . ... more
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