Government

Fire Safety in Hotels and Restaurants in Metros – RealtyMyths

by Akhilesh K Prasad The government has a stringent set of safety rules to be followed by hotels and restaurants on their premises. The concerned authorities need to be satisfied with due compliance even before the licence to operate is issued to an establishment. The lapse in the following safety an...Read More

General Elections : The Real Estate Connection – RealtyMyths

 Anuj Puri, Chairman – ANAROCK Property Consultants A new Government with a clear majority raised optimism in 2014 Nearly 5.45 lakh units launched in the year and nearly 3.43 lakh units sold – previous year saw the launch of approx. 4.6 lakh units) and lower sales Long-term benefits of re...Read More

Urban Affairs Minister inaugurates Sand Sculpture on NBCC’s journey

Marking state-owned Navratna PSU, NBCC (India) Ltd’s 58th Foundation Day, Minister of State (I/C) for Housing & Urban Affairs (MoHUA), Shri. Hardeep Singh Puri unveiled a sand sculpture by internationally acclaimed artist Padma Shri Sudarsan Pattnaik in Delhi today. Done at the Tikona Park, in Ne...Read More

Government should rationalize the GST on the input cost and bring it down to 12%: Rohit Gera

With more than four decades of experience in the real estate business, Gera Developers is widely known for changing the landscape of Pune and its surrounding areas. The group has developed more than 50 projects in Pune and Goa. It has recently launched two commercial projects in Pune, along with Goa’...Read More

Government push to affordable segment will boost its growth.

In the past three years, government policies have led to the growth in the affordable housing segment. It has emerged as the most preferred segment. Moreover, a month of June has been a boost to this segment. Recently, RBI revised the housing loan limit for priority sector lending (PSL). The governme...Read More

Indian Real Estate- Is it the right time to Invest?

Pooja Bhatia Post-2016, after the demonetisation announcement, the real estate sector in India took an unprecedented turn. Affected by the slow pace of economic growth in India, the investment in property business also took a course of vigilance. To add to it, there was much news surrounding the impl...Read More

My City, My Responsibility – Wake Up or perish

The city is an extension of our homes which makes it the collective responsibility of the citizens, city council and the government to work towards a cleaner neighbourhood, beautiful surroundings, healthier environment and a stronger nation. As a democracy, we, the citizens demand to live freely yet,...Read More

Bangalore may run out of groundwater soon, yet the use of groundwater for construction continues unabated

Akhilesh K Prasad Bengaluru recorded 1200 mm rainfall in the monsoon of 2017. Despite the fact that this was more than double over 2016, the water table in various taluks of Bengaluru witnesses a paltry appreciation of about 2-9%. Later in the year, the table depleted even further. The primary reason...Read More

5 Announcements that changed the game of realty sector

Anushree Ghosh, Apart from going through a phase of stagnancy, the Indian real estate sector is struggling to adapt to the new rules of the games. Several important announcements were made by the government to bring transparency in real estate. While we can keep on debating on the effectiveness of th...Read More

Mumbai Local AC train: A Timeline of Delays

by Akhilesh K. Prasad As Railways begins its first AC local services for Mumbai, let us examine the timeline of government announcements and the delays in implementation. The Mumbai local AC trains were announced as part of the Railway Budget for 2012-13 by the then UPA government. The trains were th...Read More

How NRI Investors view Indian Real Estate Today

Anuj Puri, Chairman – ANAROCK Property Consultants The Indian real estate sector evokes a lot of interest from NRI investors. This interest is driven by long-term fundamentals such as emotional connect, safeguarding retirement plans, better returns and yield on investments, and depreciation in the ru...Read More

#PollutionInRealty

Pouring Cement and layering bricks are not the only factors of construction, there are many co-related factors with consequences, especially the environmental ones. Till recently, the investors and builders were enjoying smooth returns on real estate construction, without having to consider the deter...Read More

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