Insights
Mumbai Real Estate: Leasehold Vs. Freehold Property
On completion of the project, the lease is transferred in the name of the society formed. The future of such properties post the lease term is uncertain to the extent of the amount that the lessor demands for renewal, which will need to be paid by the society.
Watch out before buying a home under subvention scheme
Ajay Batra is a manager with an MNC in Gurgaon. Two years ago year he came across an ad in the newspaper that spoke about owning a dream house and not paying for it till one got possession of the house. This ad by one of the developers was referring to an innovative new scheme called the ‘Subvention Scheme’ offered by few selected developers then.
REITs revival: SEBI releases new guidelines
The market regulator SEBI has released its consultative guidelines for operation of REITs in India after five years of delivering its first draft. The statement clearly spells out the need for REITs implementation in India at the earliest, considering the huge popularity of this real estate investment platform across the world. In fact, the entire
Retail In Asia – Different Strokes For Different Folks
Different Asian countries are at different stages of development of infrastructure, logistics capability and general real estate market development. Retailers are prevailed upon to tailor their local market strategies according to factors such as real estate locations, price points and available logistics. Such issues do not, as a rule, exist in developed world. The characteristics
