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People remedy-less: HC on RERA, tribunal vacancies

The state government of Gujarat has once again faced criticism from the Gujarat High Court for its failure to appoint members and a chairperson for the Gujarat Real Estate Regulatory Authority (RERA) and its appellate tribunal. In response to the government’s assurance that the vacancies would be filled promptly, the court demanded an explanation for

Central Chennai sees residential projects rise

After a period of stagnancy in terms of land availability, there has been a noticeable growth in real estate development in Central Chennai. According to a study conducted by the Confederation of Real Estate Developers Associations of India (Credai) Chennai’s Research and Analysis Wing (RAW) for the first quarter of 2023, there has been a

In Mumbai, real estate prices rise, records fall

India’s financial capital, Mumbai, is known for being the most expensive real estate market, with billionaires purchasing homes worth hundreds of crores in luxury towers. The year has started with some remarkable deals, including a penthouse sold to industrialist B K Goenka for Rs 240 crore in a Worli luxury tower. Goenka bought the triplex

Trade your properties through REITs like stocks

Investing in real estate can be done without purchasing physical land or property by investing in Real Estate Investment Trusts (REITs). REITs allow investors to invest in a portfolio of properties without directly owning land. By renting out the properties in the portfolio, investors can earn a consistent income. Prasad Sawant, head of advisory at