Insights
Rental housing in Mumbai – Economics and Dynamics
Over the decades, Mumbai has been and continues to be the destination of countless migrants from all parts of India. This steady influx of people has also been driving perhaps the highest demand for rental housing in Mumbai than in any other Indian city. Close to one-third of these migrants hail from towns and cities
The home loan advantage in real estate
My June article in Mint (http://goo.gl/kkfeOW) was an attempt to help individuals decide whether to live on rent or live in a self-occupied property. If one has chosen to live in a self-occupied property, then the current section is for them – to understand the benefits of living in a self-occupied property. Rajesh works at
Negotiating with developers this festive season
The current slowdown in the Indian economy has impacted several sectors, including real estate. Apartment sales volumes have plummeted and inventories have piled up, creating an ideal environment for buyers to negotiate with developers.
Conveyance v/s Deemed Conveyance
Q1. What is the meaning of deemed Conveyance? Ans: The Promoter (Builder/ Developer) is legally required to convey the land and the building within 4 months of formation to the society or any legal body of the flat purchasers. However, it has been the experience that many promoters (Builders/Developers) have not conveyed the land and