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MMRDA’s Struggle To Sell TDR And Why It Should Worry You

The Mumbai Metropolitan Region Development Authority (MMRDA) is Mumbai’s nodal town planning body, responsible for the execution of several big ticket infrastructure projects including the likes of the Mumbai Metro. But lately, the MMRDA has been finding it tough to generate revenues with the ongoing real estate slump taking a toll. TDR Auctions Take A

Maharashtra: New Law To Protect Tenants

In a move that is sure to bring relief to thousands of people across Maharashtra, the state government has adopted a new law that allows tenants to redevelop tenanted property on their own. Tenanted Buildings Turn Deathtraps Crumbling walls, broken doors and windows and a general sense of neglect, that is typical of most tenanted

Gurgaon Home Buyers Now Fight The VAT Battle

How would you feel if 3 to 4 years after having booked your flat, you receive a demand for another Rs 5 Lakhs? Shocked? Filled with panic? Well, that’s exactly what thousands of homebuyers are experiencing, thanks to the Value-Added Tax (VAT) department of the Haryana government. It’s been three years since the first notification

Why are DB’s Luxury Projects Meeting Targets, While Affordable Projects Miss Deadlines?

More than 3,000 home buyers in Mumbai who had invested in DB Realty’s DB Ozone Project in Dahisar have been left high and dry. The project was started 8 years ago, but is nowhere near completion. Frustrated buyers have now taken matters into their own hand, launching a massive social media campaign against the company