If you are thinking to own a house, one can go for two options: ready to move in property or under-construction. Well both of these have their own advantages as well as disadvantages at a time when new reforms linked to real estate have come, at a changing time of economics.
By KK Garg (president) and Dev Gupta (general secretary), Induction Furnace Association of North India
GOVERNMENT MUST GIVE FULL POWERS TO ARCHITECTS FOR SMART CITIES AND SAFE BUILDINGS
(By Ar Sanjay Goel, Director, Ludhiana Smart City Ltd, Chairman-Punjab Architects)
The union cabinet has recently increased the carpet area of houses under the government’s affordable housing scheme, which is to bring smiles on the faces of the builders and middle-class home buyers.
The recent decision of the National Green Tribunal to lift the ban on construction activity in Delhi-NCR is a welcome move. Earlier, Green Tribunal was forced to impose the ban on such activities in Delhi-NCR after noticing adverse changes in climate.
The recent decision of the Union Cabinet to increase the carpet area limit of affordable housing for middle income group (MIG) from 90 Sq mtr to 120 sq mtr and from 110 sq mtr to 150 sq mtr and extending the Income tax provisions to cover the projects sanctioned on or before 31st March 2019 is a
Reflections by Shishir Baijal, Chairman and Managing Director, Knight Frank India
By Avinash Aggarwal, Managing Partner AKGVG & Associates, New Delhi