Author :
Mr. Kaizad Hateria
Floor Space Index (FSI) is an important term in the real estate sector. It is an essential factor that developers, investors, and buyers consider when buying or developing a property. FSI measures the total built-up area that can be constructed on…
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Author :
Ar. Keval Valambhia
Ar. Keval ValambhiaCOO, CREDAI-MCHI As India experiences rapid urbanization, its metropolitan cities, as well as tier 1 and tier 2 cities, face a critical challenge of land and resource scarcity. Among these cities, Mumbai stands out, battling the constraints imposed by…
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Author :
Mr Sandip Dhurat
With the excitement around ChatGPT – I have tried to envision the role it would have for Indian Real Estate Market. Here are a few areas where it will be immensely helpful – 1. Information and Guidance – ChatGPT can provide…
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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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