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CommonFloor Editorial Team

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Documents required for a secure real estate transaction

It pays to be cautious; especially when dealing with murky state of affairs pertaining to real estate transactions. No amount of scrutiny would suffice while purchasing a property. Due to the existing state of affairs, especially in the absence of a regulator or a real estate bill there is always a confusion when it comes […]

CommonFloor Editorial Team

Ban cancelled on GPA

Residents happy as ban lifted on GPA-based transactions

The Delhi government’€™s move of lifting the ban on property transactions based on General Power of Attorney is likely to provide relief to lakhs of residents, mainly the ones dealing with group housing societies and the newly regularised colonies. ‘Ban’ History Following an order passed out by the Supreme Court on property transactions, the Delhi […]

CommonFloor Editorial Team

Delhi outskirts to get over 10 lakh new houses by 2021

Delhi is likely to get witness over 10 lakh new housing units by 2021, as per the plans of the Delhi Development Authority (DDA) and the Ministry of Urban Development. The population of the nation’s capital is estimated to reach 2.3 crore by 2021 and the authorities have started concentrating on ways to accommodate this […]

CommonFloor Editorial Team

Property values in Amruthahalli to rise above par

Amruthahalli, adding to the pride of North Bangalore, is one of fastest developing upmarket residential regions in the city. Adjacent to Byatarayanapura, this area was once a village with no modern developments, however, with time the locality has unfolded into one of the rapidly developing suburbs of the city. The locality has witnessed a string […]

CommonFloor Editorial Team

Steps to a secure real estate transaction Part 1

The real estate industry of India is notorious for its lack of transparency. Home Buyers oftentimes find themselves paying for things they do not require or locked into defective properties. Worse, in certain cases the buyer shells out more to fund the fines levied on builders. The Government of India is setting up a regulator […]

CommonFloor Editorial Team

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