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CommonFloor Editorial Team

Real estate regulator

Real estate regulator likely to transform sector

Real estate market of India seems to be eagerly awaiting the much-hyped real estate regulatory bill, which is presently being examined by a Parliamentary standing committee. It is expected that the regulator will be introduced sometime next year. Once the committee tables its report on the real estate bill suggesting amendments or changes, the Cabinet […]

CommonFloor Editorial Team

MPD-2021

Looking forward for sustainable Delhi

A master plan is generally a long term perspective plan which would be applicable for at least 20 years. The Delhi Master Plan aims to assure green belts in the city to stay and to protect the legacy foundation of Delhi. The Master Plan for Delhi 2021, prepared by the Delhi Development Authority (DDA) and […]

CommonFloor Editorial Team

Regularising illegal colonies poses many plights

Thousands of illegal colonies have already sprung up in the national capital region (NCR) and regularising them has been highly bothering the administration. Since these unauthorised colonies in Delhi have been a home to over 40 lakhs of people, the Delhi government had started the regularisation drive. At present there are around 1,639 such colonies […]

CommonFloor Editorial Team

Supreme Court favors imposition of VAT on under-construction properties

Homebuyers who had not paid value added tax (VAT) while buying under-construction properties, may now have to bear the additional costs. In Larsen & Toubro case, the Supreme Court has supported the constitutional validity of VAT being imposed by the state governments on the sale of under-construction flats. The apex court has clarified that the […]

CommonFloor Editorial Team

Gurgaon Rapid Metro sets a new trend of urban transport

Gurgaon Rapid Metro that started operating from November 14 is surely a trendsetter transport system in the nation. Although the train as of now only connects a few areas of the city, with a length of 5.1 km, it is a major growth driver of the city. The rapid metro connects Delhi Metro with Cyber […]

CommonFloor Editorial Team

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