India Real Estate
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Boom Town: Greater Noida Authority Get Rs 521 Cr for 3 Land Parcels
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(Greater Noida, 9 September 2024) The Greater Noida Industrial Development Authority (GNIDA) has successfully auctioned three residential plots with a total sale value of Rs 521 crore, more than double the reserve price of Rs 262 crore. This result reflects growing confidence and interest in Greater Noida’s real estate sector. According to The Economic Times,…
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Why DDA Housing Schemes Are Failing to Excite Buyers?
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The Delhi Development Authority (DDA) has long been a cornerstone of affordable housing in the capital. Housing schemes launched by DDA generated huge excitement among homebuyers. Not any more. With thousands of flats remaining unsold across the capital, DDA housing schemes are failing to attract buyers. Even with reduced prices and new initiatives, the DDA…
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Land Ownership in India: A Primer
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Land ownership in India is governed by various laws and customs, shaped by the country’s colonial history, post-independence reforms, and local governance structures. The types of landownership rights reflect the diversity of the legal framework and the socio-economic conditions across the country. These rights can be broadly categorized based on tenure, inheritance, and the purpose…
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What is Floor Space Index (FSI) or Floor Area Ratio (FAR)?
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The Floor Space Index (FSI), also known as Floor Area Ratio (FAR), is an important term in the real estate sector. It plays a key role in determining how much construction is permissible on a given plot of land. Governments and urban planners use FSI as a regulatory tool to control the density of development…
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Common Real Estate Terms in the Indian Market
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Whether you are planning to buy your first home or you want to build wealth through real estate investing, you should familiarize yourself with common terms and legal jargon used in the real estate market. Understanding these terms is crucial for navigating the complexities of buying, selling, and investing in real estate. In this article,…
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