Latest Answer: Hi folks,
You have discussed a lot on new bye-laws for Delhi-2016 but you forgot to mention the green and sustainable construction practices, the unified Building Bye-laws mandates all buildings on plot sizes of more than 150 sq-mtr to conform to the mandatory green building norms, including water conservation and management, solar energy utilization, energy efficiency and management for obtaining sanctions.
Q:L&T Realty Ltd, the real estate development arm of Larsen and Toubro Ltd, is looking to bring in a development partner and investor in a couple of its projects in Bengaluru and Navi Mumbai.
Latest Answer: Hi folks,
For your kind information, they don't plan to run malls and want to monetize them, nevertheless they continue to build them in their projects. In the Hebbal project, they are planning of bringing in a joint venture partner because their office portfolio is already large and they have big obligation and so they are trying to strike a balance. They are hoping to finish these transactions next year.
Latest Answer: Hi Neeraj,
As per current news, Ahmedabad Municipal Corporation (AMC) has arranged the first arrangement of 2696 heritage properties in Ahmedabad, spread over 18 wards. As per different grades, those properties are sorted. AMC officers assess that around 150Cr can be produced from sale of trad-able FSI of buildings which have adequate heritage price and will be provided a trad-able FSI of 0.3.
Latest Answer: Hey Guys,
As per latest news, Honorable Union Urban Development minister Mr M Venkaiah Naidu declared that there is a huge global interest in India's Smart City mission and many companies from 14 countries like US, Canada, UK, France, Japan have been nominated for planning of Smart City plans for 42 mission cities.
Latest Answer: Hi Guys,
According to me, Over the past 12 months, stock has scored up a more than triple so investors cheer a steady income stream. While there is no official evaluation for the measure of state-possessed real estate that could be up for redevelopment, still there is opportunity . Because Prime Minister Mr Narendra Modi's promise to build affordable homes, "smart" cities and to reboot manufacturing.
Q:Attention citizen !!!!! Maharashtra Government has made it compulsory for citizens to get a no objection certificate from a special committee to construct anything within 500 meter radius of a prison.
Latest Answer: as said, any new redevelopment of building is proposed in the 500m radius of prison then what guidelines as an architect do we have to follow? there are some approval members in planning committee says to have a blank wall all throughout. which is not possible in the city like mumbai and specially in a redevelopment building in a place like chorbazar. kindly let me know if there are any such rules that an architect or a developer will have to adhere to.
Latest Answer: @ Bhuvan,
South Corporation will pass the budget for financial year 2015-16 in the House meeting to be held on January 12. "We have increased the budget as no major development projects were taken up. The money will be spent on improvement of roads, sanitation, streetlights and for carrying out other maintenance work- as per official information.
Q:But however NRI are wary of investing in real estate market India due to some reason like Cost Issues, Commitment to Timeline, Construction Quality, Carpet area to sale-able area ratios.
Latest Answer: "Hello Deep, I would like to say that the Indian real estate sector is still a promising destination for investment across the globe. According to the Knight Frank Wealth Report 2015, the ultra rich Indians invest nearly 50 per cent of their total wealth in the real estate sector, the highest across the globe, followed by the Australians at 42 per cent. With positive growth prospects of the Indian economy and the current government's stand on infrastructure development, the Indian real estate will going to boom in the coming years, making way for NRIs to invest in real estate properties here.
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Latest Answer: Hi James,
Now a days many investors & home buyers are confused where to invest? Investment purpose only to gain handsome return. So what to do? Where to invest ? These are some common questions in their mind. As always, location plays an important role. This means that the rental market for such a property diminish gradually.