In a recently released circular, the Reserve Bank of India (RBI) has added Hong Kong and Macau to the list of the countries whose citizens need to take prior permission of RBI before acquiring or transferring immovable property in India. The addition is in line with RBI’s earlier circular and cannot be called a surprise,

The Union Cabinet has cleared the Real Estate Regulatory bill, albeit a somewhat watered down version of the initial bill proposed in 2013. Next, it will be tabled in Parliament. The bill could not have come at a better time. There is a complete trust deficit today amongst home buyers and the industry is already

Property market is abuzz that #AchheDin has arrived. The recent Repo-rate cut by RBI and the forthcoming budget and a lot of positive anticipations of tax relief, flexible monetary policy, submerging inflation, REIT fund, FDI norms getting boost all tell us a tale of a bright future of Indian economy and Real Estate industry as

Reams of newsprint have been dedicated to discussing the sufferings of consumers in the Indian real estate sector. Particularly, homebuyers’ woes related to late delivery of projects, deviation of housing projects from promised quality, additional payments due to change in apartment area and inadequate protection of their rights have been well-documented. The question that invariably