New supply of Grade -A office space in the micro market of North Bengaluru is expected to see 140% rise by 2021 to 5.7 mn sft from 4.7 mn sft now.

Established in July 2017, the authority functioned without a permanent chairman for over 1.5 years. It had had four interim chiefs since its inception.

Indian luxury home markets low on growth with Delhi prices up 1.4%, Mumbai 0.3%.

Reduced GST tax rates will come into effect from 1 April, so wait for a month before you buy realty.

While there will be an increase in demand, the cost will go up for builders due to the withdrawal of input tax credit.

The buyers claimed they have been demanding an EMI holiday for a long time, and it is imperative that such a scheme is extended to the buyers, as they are financially stressed.

This premium and centrally located area in Mumbai is well connected with the rest of the city. It also boasts good social infrastructure.

Affordable homes are defined as ones with sale price of Rs 45 lakh or less and a carpet area of 90 square metres (968 square feet) or less in non-metro cities.

Rising bad debts and real estate project failures have made banks cautious on lending to developers.

The locality boasts of over 20 schools, 16 hospitals, 20 restaurants, 20 banks, 20 grocery stores and 9 petrol pumps.

Real estate developer Peninsula Land Ltd has announced the launch of the second phase of its affordable luxury project, addressOne Central Park, at Pune, offering over 600 apartments of one to three-BHK configurations, priced from Rs 19 lakhs onwards.

“There’s no presidential assent to WB HIRA and therefore is unconstitutional in view of Article 254 (2) of the constitution of India,” said Devashish Bharuka representing the petitioners.