How Illegal Construction Paralyzes Our Cities..!

How Illegal Construction  Paralyzes Our Cities...! By Kishor Pate, Amit Enterprises Housing Ltd Governments and municipalities across the world are waging a war against illegal constructions over a decade now. This has been a global phenomenon, crippling cities and compromisin…

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Real Estate Evaluation: Property without dispute..!

Real Estate Evaluation:  Property without dispute..! By Mr. Adhil Shetty, BankBazaar.com The real estate sector in India lacks a standard process for valuation of prices. Unlike in the West, there are no standard agencies in India that value real estate properties. Individual…

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Buildings Near Airports : Planning Approval Norms Eased..!

The government has eased the process for getting permission for construction within the 15 km radius of airports. As per the new norms, projects do not need to get nod from the civil aviation ministry, if the proposed height is within the stipulated limits. If the plans &…

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India Building Construction Permit Time Taken is 222 Days..!

A construction permit requires, among others, mining licence, tree cutting approval, borewell registration certificate, no-objection certificate to operate a genset, change of land use approval & a microwave licence. Then there are approvals required from Airports Author…

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Real Estate Development: How Floor Area Ratio Can You Go?

Real Estate Development: How FAR Can You Go? by Mr. Kishor Pate, CMD – Amit Enterprises Housing Ltd Among the various regulations adopted in real estate development,  Floor Area Ratio  ( FAR In some states like Tamilnadu it called FSI -  Floor Space Index ) is one of the most crit…

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Central Govt. Approves Proposal To Increase FAR in Delhi..!

by Mr. Anuj Puri, JLL India As per reports, the Central Government has approved the proposal to increase the FAR / FSI (floor area ratio/floor space index ) in Delhi state. This increase in FAR is for residential plots which are 750 square meters or / higher, wherein the FAR…

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Refund of Flat Booking Advance..!

Refund of Home Booking Advance..! Question: Recently I given Rs.1 lakh for an advance amount to a promoter and booking the flat. But, the bank rejected the home loan application. In this situation the promoter cum builder not given the advance amount.. What I do? K. Muthu Sur…

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Urban Development Ministry working on single window clearance..!: M. Venkaiah Naidu

Also Infrastructure Status for Real Estate Sector Indian Real Estate Bill to be introduced in next session of Parliament; Smart cities’ concept will be taken to cabinet by November, 2014 With a view to address the concerns of real estate sector, the Union Government is holdin…

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