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CommonFloor Editorial Team

Home sales fall

Decreasing sales and investors put developers at risk

Owing to sluggishness in the economy, many short-term realty investors have been evading timely payments to developers, since they are observing a reduced number of homebuyers, mainly in the suburbs. Speculator-based market Adding to it is the speculators, who tend to overprice the properties in areas where in the real estate demand is mostly a […]

CommonFloor Editorial Team

Luxury housing growth

Luxury real estate gains while rupee falls

Owing to falling rupee that spurred NRI interest in buying properties in India and softening sales which decreased the real estate prices, the luxury real estate market in India has seen enormous growth. It is the right time for investors with big budgets, who have an appetite for some serious real estate investment. From Apr […]

CommonFloor Editorial Team

Delhi-NCR to get an array of road projects

In order to cut down the travel time of commuters and to provide better connectivity in Delhi-NCR, the central and the state governments are coming up with an array of projects including elevated roads and flyovers. Flyover at Hero Honda Chowk, Gurgaon -A six-lane flyover has been planned to be built at the Hero Honda […]

CommonFloor Editorial Team

Land Acquisition Bill 2013- Provisions and Compensation

The Land Acquisition Bill has finally come into force from 1 January, 2014.  The Bill – Right to fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 – was enacted in 2013 and was passed by both the houses (Rajya Sabha and Lok Sabha).  The Bill, that replaced the old “Land Acquisition Act, 1894,  addresses […]

CommonFloor Editorial Team

What is the difference between Fixed Price Contracts and Cost plus Contracts?

Construction contracts are the contracts negotiated and entered into by and between the developer(s) and the construction contractor(s) for construction of a particular project or set of projects. These contracts are mainly of two types-Fixed Price contracts and Cost plus contracts. Fixed Price Contracts Under this type of contract, the construction cost of the entire […]

CommonFloor Editorial Team

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