Track2Realty-Agencies: In a major revamp of existing property registration system, Delhi Government will put in place a transparent mechanism by end of the year under which people will be able to access hassle-free services in all 13 sub-registrar offices without any jurisdictional issue.
Track2Realty Exclusive: The debate over promoter driven versus professional driven also brings to the table the fundamental question as to whether the entry of corporates into the business has changed the outlook of real estate in India. Have they brought about transparency and corporate governance?
Track2Realty Exclusive: On a closer look there are big and serious questions on the authenticity and prima facie it appears as if the categories have been customised to fit in the highest bidder.
Track2Realty Exclusive: On a closer look there are big and serious questions on the authenticity and prima facie it appears as if the categories have been customised to fit in the highest bidder.
Track2Realty: Constellation Capital Ltd and S.A. Finvest Ltd, the promoters of realty firm Omaxe Limited, have fixed the floor price for its offer-for-sale (OFS) at Rs. 148 a share.
Track2Realty Exclusive: Sachin Sandhir, Managing Director-South Asia of RICS and a vocal spokesperson of the realty reforms agrees there is an element of subjectivity and a fine line, when industry stakeholders organise awards – as it can lead to a conflict of interest. He, however, defends awards that are based on actual performance indicators and tangible evidence. Track2Realty probes for an insight—
Track2Realty Exclusive: While the provision of a real estate regulator snowballed into a political controversy over the jurisdiction of centre-state relations, some sector analysts believe the developers have hurt their own cause by stiff resistance to the appointment of a central regulator.
Track2Realty: The voice of the real estate industry in Maharashtra, MCHI-CREDAI today opposed the Government’s decision to introduce LBT saying it goes against the home buyers’ interests.
Track2Realty: Opposing the Maharashtra government’s decision to impose local body tax (LBT) in lieu of octroi, developers’ apex body CREDAI Chairman Lalit Kumar Jain said the new levy will result in rise in corruption and be detrimental to business as well as consumers. There is a potential threat of it becoming breeding ground of corruption.
Track2Realty Exclusive: Sitting in the back bench of a real estate award night I heard two developers talking among them as to in which category are they getting the award. Did I hear it right? Not the nominated category, but the category of getting award? Even before the awards were announced, how come they know that they have already bagged the award?