NEW DELHI: With many real estate projects stuck across the country, prospective home buyers are shying away from investing in newly launched projects and instead looking for ready-to-move-in flats or units to be completed within next six months, according to a survey.
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Assuring that all Delhi Development Authority (DDA) policies “will go through as planned”, Housing and Urban Affairs Minister Hardeep Singh Puri has said that his ministry deals with “institutions and not with individuals”. Puri was referring to the recent bureaucratic reshuffle wherein senior IAS officer Tarun Kapoor was appointed
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The much-awaited Delhi Land Pooling (DLP) policy got approved on 7 September by Delhi Development Authority (DDA), at a meeting headed by Delhi Lieutenant-Governor Anil Baijal. It now awaits approval from the Ministry of Housing and Urban Affairs. Under the new scheme, DDA will pool land parcels owned by individuals, a group of owners or a builder,
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There was euphoric exultation on the evening of September 7 over news that the Delhi Development Authority (DDA) has approved land pooling policy under Delhi’s Master Plan 2021. The question here is whether this optimism is justified? What does the policy have in store for buyers of residential units? In the short term actually nothing.
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NEW DELHI: The ambitious but much delayed land pooling policy of Delhi Development Authority (DDA) is now likely to get approved on Friday. DDA had put its revised draft land pooling policy in the public domain in January this year, inviting suggestions and objections,
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The November 2016 demonetisation of two high-value currency notes by India dealt a body blow to, among others, the real estate sector. House purchases fell to a seven-year low in 2017, despite falling prices. But Quikr kept raking in profits from the business.In fact, over the last 12 months,
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The Real Estate (Regulation and Development) Act, 2016 (RERA) has brought in a transformed and regulated system in the Indian real estate market. Although the implementation of RERA is still in its nascent stage, the future of the Indian real estate market looks promising. The new regulatory regime also contributes to a simplified taxation system (GST),
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Hurricanes not only threaten our homes and lives; they also can be disruptive to real estate deals. In anticipation of Hurricane Lane hitting the Hawaiian Islands, the state closed many of its departments, including the Bureau of Conveyances, which maintains the permanent record system for title to real property in Hawaii.
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Understanding what a real-estate market is trending toward is vital, as it can help sellers establish what price they want to aim for, while buyers can better determine exactly how much they should spend on a property, especially if the market is looking to be getting hot.
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I started investing in real estate in the early aughts, and clearly a lot has changed since then. In my infancy as an investor, I was frustrated by the lack of tech available for networking and finding investment-quality properties. On the heels of that was the need to connect so I could secure capital for investments.
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