Policy Change Articles

What is repo rate?

The Reserve Bank of India (RBI) holds the authority to regulate the country’s money supply. This regulatory body not only controls the supply of currency…

Independence Day: New government policies reshaping real estate sector

From planned urban towns to smart cities, affordable homes to the emergence of luxury properties, the real estate landscape has transformed over the years. One…

Dogs in housing societies: What do the rules say?

The Noida Authority mandated the registration of pets before January 31, 2023, for existing pet owners. While dogs are the most common pet animals, some…

Maharashtra scraps 7/12 extract ownership document

The Maharashtra government has scrapped a crucial property document, 7/12 extract for property transactions in Mumbai. Introduced in the early 20th century, the 7/12 extract…

Latest electricity charges in Noida per unit in 2024

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has issued a new tariff order for 2023. The government has withdrawn the Rs 7 per unit maximum…

#RepublicDaySpecial: 26 milestones that changed Indian Real Estate

The real estate sector has witnessed several landmark policies and reforms in the last 10 years. The Government has played an active role in implementing…

UP RERA mandates the sale of homes based on carpet area. Will this help homebuyers?

In a latest announcement on January 3, 2024, the UP Real Estate Regulatory Authority (UP RERA) has directed developers to sell housing units across the…

What is Jantri rate in Gujarat in 2023?

Gujarat jantri rate acts as benchmark values for property transactions. It is the rate below which no property sale can be done in the State.…

Maharashtra: Maintenance charges applicable as per area of a flat

The Commissioner and Registrar of Cooperative Societies, Pune, has directed that maintenance charges for housing units in the State falling under the ambit of the…

Over 6 lakh B Khata owners to get A Khata certificates in Bangalore

B Khata properties are referred to as those properties which have some discrepancy or anomaly in their documents. In the case of A Khata properties,…

Landowners of Kukshet village get land title ownership after 20 years: Mumbai

A long drawn-out affair of land title ownership in Kushket Village has finally been sorted out after the intervention of the BJP MLA Manda Mhatre.…

Female slum dwellers in Maharashtra to get joint home ownership rights

In an unprecedented move, Maharashtra government plans to give equal ownership rights to female slum dwellers in the state. As part of this policy, 55…

Maharashtra Govt. to create stress fund for stuck slum rehabilitation projects

The Maharashtra government, in order to provide financial aid to stalled slum rehabilitation projects, is creating a stress fund of over Rs 1,000 crore in…

Builders reduce flat sizes to woo homebuyers in Mumbai

In the wake of changing buyer preferences, the developers across Mumbai have started to realign their project strategies and introduce residential units with reduced average…

Maharashtra govt to use farm land for developing low-cost homes

The Maharashtra government has allowed construction of housing units on farm lands falling under municipal corporations and councils across the state. All these housing units…

Real estate firms alter management structure to boost sales

Real estate firms alter management structure to boost sales23-March-2015Several realty companies are changing their business management structures in a bid to foray into unexplored markets…