Real estate industry body, CREDAI, has demanded for a single window clearance system, to speed up the approval processes. “McKinsey has said in its report to the Government of India that delays in approval processes alone increase sale value of…
Builders are now thinking for the elderly and the handicapped people while designing their new projects. Builders and developers likes of Ansal Unitech, DLF, Tata Housing, SVP Developers, etc, are designing their residential, even commercial buildings, to make them accessible…
Henceforth, owners of nonhigh-rise buildings (structures between 10 and 15 metres height) would have to obtain a licence from the AP State Disaster Response and Fire Services department for their property. However, for the licence, property-owners have to pay a…
With the current decline in rupee against dollar, do the NRIs see Indian realty market as a lucrative option for investment? ‘Yes!’ the NRIs, developers, promoters and property experts say. The reason: The Indian currency has fallen by around 20%…