Real Estate

Real Estate

Realty market looks at an upswing, ancillary industries hope for a revival

Elevators, architects, furniture, security — they sell better if realty sells. And in a time of relative stasis for the real-estate sector, these businesses are among those looking forward to an uptick. Between 2013 and 2016, new launches consistently outstripped…
Real Estate

Demand for commercial real-estate in tier 2 cities shows growth

“Commercial real-estate used to be concentrated in the seven major cities, Mumbai, Bengaluru, Delhi, Chennai, Hyderabad, Kolkata and Pune,” says Anuj Puri, chairman of property consultant Anarock. Now markets in Tier-II cities: Jaipur, Indore, Chandigarh, Coimbatore and Kochi are seeing…
Real Estate

City homes get a touch of indigenous architecture to save on energy, costs

Clay partitions in place of walls, sloping roofing in the balconies and cupboards made of discarded pinewood — indigenous architecture is making its way into urban homes. Traditionally, the term is used to describe traditional methods and locally available material…
Real Estate

Looking for a second house? Try Cyprus, Sri Lanka or even Melbourne

Most Indians in the market for a second home tend to look within India. After all, homes abroad would be frightfully expensive for someone earning in rupees, wouldn’t they? And what about the return on investment? The answers to both…
Real Estate

Virtual realty: Websites are now using social media to engage with potential buyers

Instagram stories, online puzzles and jingle competitions — real-estate websites are jumping on the social media bandwagon, using online platforms in all-new ways as they attempt to engage with potential customers online. “It’s not just about advertising and marketing any…
Real Estate

An answer to affordable housing conundrum in Chandigarh

Brick jallis, standardised facades, row housing with common walls between adjoining houses and exposed concrete and brick facades are among common architectural elements that are not only aesthetically admirable, but also tell a story of how low cost mass housing…
Real Estate

Everything serviced, monitored, under one roof: Would you live smart? 

Green open spaces, blanket CCTV coverage, a park and jogging track, school, medical centre — life really is different in the smart townships coming up in prime metro markets such as Mumbai, Pune, Gurgaon and Bengaluru. With their focus on…
Real Estate

MahaRERA may take suo motu action against realtors for registration non-compliance

MUMBAI: The Maharashtra Real Estate Regulatory Authority (MahaRERA) is planning to take suo motu action on property developers whose ongoing projects have not been registered with itself even after the July 31 deadline. Until 7:20 pm on Monday, about 9,000…
Real Estate

Watch this space: RERA provides boost to new realty markets

After researching online and consulting friends in the real-estate sector, Prathamesh Gaur, 30, a businessman from Fort, invested in an upcoming high-rise project in Mohali, Punjab. “The project is registered under RERA [the Real Estate Regulatory Authority] and the Act…
Real Estate

RERA deadline ends. Only 15 states have notified rules, 6 states are online

Even though all states were supposed to have notified their RERA rules by July 31, 2017, only 15 out of the existing 29 states have complied by this deadline. However, all seven Union Territories have notified them. What is more,…
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