Author :
Ar. Keval Valambhia
I’m thrilled to share that after continuous efforts by the esteemed team at CREDAI- MCHI, the Maharashtra government has made a significant move to boost the redevelopment of old buildings in Mumbai. The government has announced a 50% concession in floor…
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Author :
Mr. Kaizad Hateria
Have you ever encountered real estate ads boasting about a developer receiving an OC for their project? You might wonder what this acronym stands for and what it means for you as a potential buyer. An Occupancy Certificate (OC) is a…
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Author :
Mr. Kaizad Hateria
The real estate sector has remained resilient in the face of the numerous hurdles in the past, including the more recent pandemic. With adequate support from government initiatives, 2021 & 2022 saw the real estate sector record strong sales and this…
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Author :
Mr. Kaizad Hateria
The year 2016 was a watershed year in the history of India’s real estate sector as that was the year when the Real Estate (Regulation and Development) Act was formally instituted. The Act was a much needed one to regularise the…
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Author :
Truboard Partners
According to estimates, real estate accounted for ~40% of global CO2 emissions in 2022. Approximately 70% of these are produced by building operations (activities for operating, maintaining and managing buildings effectively), while the remaining 30% comes from construction (use of building…
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Author :
Mr Sandip Dhurat
The real estate sector is a crucial component of the global economy, as it has a direct impact on multiple industries, including construction, banking, insurance, and legal services. In recent years, the real estate industry has undergone significant changes, thanks to…
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Author :
Mr Jit Kumar Gupta
Buildings, by virtue of having large numerical value, providing space for human living and working besides being consumers of resources, energy and generators of waste play important and critical role in making human settlements, productive, efficient, livable and sustainable. No city…
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Author :
Ar. Keval Valambhia
The Mumbai Metropolitan Region Development Authority (MMRDA) has recently issued an expression of interest for the feasibility study of constructing a coastal road in Thane from Kharegaon to Anand Nagar Naka in Kopri, Thane. With the recently widened Kopri bridge, the…
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Author :
Ar. Keval Valambhia
In most cities of developing countries, old buildings always tend to undergo redevelopment. There are one or more than one reasons for this. Such as buildings which are in dilapidated condition or uneconomic to repair or tenants are in a need…
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Author :
Mr. Kaizad Hateria
Developers usually opt for pre-launch of their projects to raise capital for infrastructure, labour and other construction costs. The advantage to the developer is that they do not need to raise capital from the market at high interest rates. Pre-launch phase…
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