How Telangana RERA Will Change the Real Estate Industry in Hyderabad
The Telangana state government notified the RERA registration rules for the state, in which separate processes will be applied for project registrations and agents. The state has also expressed its interest in constituting a regulatory authority, which will have the responsibility of monitoring RERA registrations, as well as buyer-seller disputes, in line with the central…
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10 Heritage Places in Hyderabad You Must Visit
Hyderabad, once the land of Nawabs, was historically a famous diamond and pearl trading centre, from where it got its popular name – the “City of Pearls”. The pearl city of India is an internationally famed tourist destination not only for its brilliant pearls, exquisite cuisine, greenery, or landscapes but mostly for the rich cultural…
Are Traditional Shops Fighting the Shopping Malls to Attract Puja Shopping Customers?
The City of Joy is decking up for its biggest annual carnival — Durga Puja. And, so are its people. The festive fervour is on and shops are packed with people, in a hurry to finish their ‘pujor kena-kata’ (puja shopping for five days of festivities). Chaitali is worried to death — she hasn’t started…
Is Positive Sentiment Driving the Growth of Premium Residential Segment in Kolkata?
When a Kolkata-based businessman, Prakash Arora, decided to shift from his old home in Hazra and get a new apartment for his family, he wanted nothing but the best. While driving back home from his ‘posh’ South Kolkata office one day, he saw an advertising hoarding for a premium residential project coming up along the…
How Durga Puja in the Housing Complexes in Kolkata Becomes Amazing Social Festivals
Purnendu Sengupta, and his wife Arundhati, both NRI IT professionals, had no idea that housing complexes in Kolkata turn into festive zones during Durga Puja until they visited their apartment last year this time around. Durga Puja, without a doubt, is special for any Bengali, more so for the Sengupta family because this is their…
Can ‘Reverse Mortgage’ Become More Popular in India in Future?
72-year-old Asit Sen and his wife, 68, live in a house he owns in Manicktala. That’s the only asset the couple has. A former employee of the local post office, Mr. Sen lives off his meagre pension but with his wife’s illness, things are getting difficult to manage. Their son, who lives in Australia barely…
What are the Effects of RERA after Three Months of Implementation?
Real Estate (Regulation & Development) Act (RERA), 2016, India’s big-bang real estate reform, became effective from May 1, 2017. Every real estate project (either above 500 sq. mt. or 8 apartments), new or ongoing, is to be sold or advertised by the builder falls under the ambit of this new regulation. The new act…
Why is BT Road Fast Turning into a Hot Location for Home Buyers?
Kolkata appears to have come out of the hangover of long time underdevelopment, and the city is fast coming alive to much-improved facilities, cleanliness and urban infrastructure. One such stretch is B T Road which was somewhat neglected by the home-buyers for a long time has now become a highly preferred location for owning a…
Will Hyderabad Metro Solve Future Traffic Problems?
It is aptly said that the managers solve the problems of today, while the leaders solve the problems of tomorrow. While Hyderabad is not suffering from huge traffic snarls except some traffic jams in some areas during peak hours, the decision to construct Hyderabad Metro Rail was taken looking at the future growth of the…