Editor’s Note

palash_royPost Diwali and Dusshera, its time for reality check for the realty industry. We take an in-depth view on the DDA’s land pooling policy. Welcoming the move experts say it will reduce the demand-supply mismatch, thereby bringing down the prices. As Delhi-NCR constitutes nearly 50% of the country’s real estate sector, it is expected that once implemented, this pooling may well pull down the prices nationwide. But developers are sceptical- not about the policy per say, but about the way it will be implemented. Realty & More digs more on that…

With the realty sector caught in a buzz ever since we brought out our first issue, this time it is the Campa Cola society issue that caught the nation’s eye. Blatant violation and manipulation of laws, a tale of greed, is guidance-who and what is to blame? We investigate …

In an exclusive conversation, Dr Sudhir Krishna, secretary, Union urban development ministry, unveils ministry’s smart plan for the urban landscape of the nation. The secretary details out how he plans to make cities more mobile, how cities are all about moving people and not vehicles. Krishna explains how to choose the mode of transport for cities as per their needs BRTS, Metro Rail, buses – small, medium, large, mini buses, double decker buses, and even the importance of public bicycle systems.

We take a look at how regulatory bottlenecks including environment clearances are creating hurdles in the way of the scheduled completion of realty projects across the sector, adding to the pains of an already beleaguered sector…

Will the Yamuna Expressway be the new expressway for the realty sector in Delhi-NCR? It seems so, if we go by what the CEO of Yamuna Expressway Authority has to say. The Authority has already chalked out an industrialisation plan along the Expressway in such a way that it is bound to boost the realty sector in the times to come. The CEO says the Authority is getting expression of interest from all quarters of the industry – logistics, dairy, theme parks, etc. Even Bollywood celebrities want to come up with industries here. The story does not end here-the Authority is chalking out plans to lay Metro rail tracks along the Expressway. To start with, DPR (Detailed Project Report) will be made for the Metro link from Greater Noida to Jevar, and depending upon the response and future traffic, it is expected to go well up to tourist hub Agra…

The real estate sector is likely to grow to Rupees One Lakh Crore by 2020.Needless to say, the demand will also go up for skilled manpower. To cater to this, some institutions have come with courses specific to this. We take you through such courses …

In addition, our regular reads include property rates across major cities, home loan rates, monthly horoscope, and this time – bedroom vastu -enjoy reading!!

R&M Property Awards 2015-16

Kashmir calling


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