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Authority To Probe 28 Yamuna Expressway Builders OnThe development body of Yamuna Expressway had formed in September last year a panel to probe whether builders developing group housing projects in the area had willfully flouted building byelaws. According to homebuyers, developers have not followed the sanctioned building layout map approved by the development body. The alterations, accuse the buyers, have been made to gain more profits. The panel will submit its report on March 15.
What Did 2017 Mean For Real Estate Developers, BrokeThe year 2017 has been a roller-coaster ride for all the stakeholders of the real estate sector. After the Narendra Modi-led government announced demonetisation in November 2016, the industry was trying to recover from the setback it caused. However, introduction of new laws such as the Real Estate (Regulation & Development) Act, 2016, and the Goods and Services Tax further slowed the pace of property sales across the country. Even cheaper home loans did not encourage homebuyers to invest. However, in the end, all the newly introduced reforms did discipline the players in the sector with stringent rules and penalties for violations. Industry experts believe that 2018 would be a year that will witness sales picking up.
Before Investing in Property in Noida, know this facNoida is one of the most rapidly developing real estate markets in India both residentially as well as commercially. However, a lesser-known fact about real estate in Noida is the existence of the eco-sensitive zone (ESZ)-the Okhla Bird Sanctuary, which affects the development of numerous properties in Noida.
How False Ceilings Can Make Your Home Look Truly BeaA look at what a false ceiling is and what its advantages and disadvantages are.
Know Your Tax Benefits As A HomebuyerMakaanIQ talks about the tax benefits you can avail of on a home loan.