Property in Daman and Diu

Under the rules of the new real estate law, while developers will have to firmly stick to the project completion and delivery dates mentioned in the sale agreement, buyers will have to stick to the timely payment schedule.

The government has added nine names in its smart cities list. These cities are Biharsharif (Bihar), Diu (Daman & Diu), Erode (Tamil Nadu), Itanagar (Arunachal Pradesh), Kavaratti (Lakshwadeep) and Bareilly, Moradabad & Saharanpur (Uttar Pradesh). The list now has a total 99 cities to be developed as smart ones. As the government has selected the cities that are to be developed as smart cities, a key part of the job is done. From hereon, plans made on paper would begin to take shape, and it would be all about implementation.

While states are running way behind schedule as they chase the government’s dram of providing housing to all by 2022, Uttar Pradesh is seen making progress in its villages. India’s most populous state has topped the list in providing homes to its rural poor. The state has fixed a target of building over 10.10 lakh homes under the Pradhan Mantri Awas Yojana–Grameen (PMAY-G). The state has already built over 7.73 lakh, the highest in the country.

India generates about 60 million tonnes of trash every year. A proper mechanism needs to be in place to dispose what has been swept from homes and streets. Proper segregation of waste at homes is the first step in this regard. On December 12, 2017, the SC had written to all the states and union territories regarding solid waste management. The court had earlier expressed concern over the deaths due to vector-borne diseases like dengue and chikungunya and said that lack of waste management was the cause of several lives being lost across the country.

According to a study by PHD Chambers of Commerce, the market size of senior housing is expected to grow six-fold to $7.7 billion by 2030. As of now, India has only 10,000 units to serve this kind of populace, showing how unexplored is the territory. Senior living in India has first started to gain momentum in the south of the country and is slowly and gradually spreading all across. MakaaniQ explores why and how senior housing is becoming a trend in southern India.