The author is a senior professor and head, Centre for Real Estate Studies, SPA, New Delhi
With only 15 states having notified rules under the Act and provisions regarding ‘ongoing’ projects and penalty getting diluted, the pace of implementation has not been satisfactory, leading to anxiety among homebuyers
The real estate sector in India has forward and backward linkages with as many as 265 industries.
Pedestrianisation of specific precincts in the city is a very good and accepted idea. Making it happen needs careful orchestration of various parameters.
From new housing infra to developers getting additional floor area to increased revenues for urban local bodies, the approach has multiple benefits
Despite having a master planning system, the implementation often leaves much to be desired.
Since the provisions are not binding on the state governments and building regulation being a state subject, states have to adopt these in their respective statutes.
A question one is asked often these days is whether it is time to celebrate since the real estate market is rising once again.....
Before you make an investment in property,make a close scrutiny of the project and examine all the possibilities
The book misses the impact of corruption/scams on society — it leads to policy failure and to inefficiencies, which lower the rate of growth of the economy below its potential.