Cases like Najma vs Govt. of NCT Of Delhi at the Delhi High Court make it quite clear that housing and social protection policies need urgent intervention.
Bank credit data between March 2020 and May 2021 shows overall loans given by banks decelerated in the second wave. But personal loans grew in double digits.
With a total of 47 sections and two schedules, the Model Tenancy Act proposes completely overhauling the legal framework of rental housing across the country.
If the housing sector is properly managed, it could become the bedrock of the economy — driving not just finance but demand for a range of products and services.
Act proposes rent & duration of tenancy will be fixed by mutual consent between owner, tenant through written agreement. Model law, though, is not binding on states.
The move will likely bring down development costs for builders and result in lower home prices for buyers in addition to boosting stocks of realty developers.
New measures include Atmanirbhar Bharat Rozgar Yojana and tripling allocation for PM’s housing scheme. India’s overall Covid economic package is Rs 30 lakh cr.
Covid management is near collapse in most residential societies. With Mamata Banerjee govt washing its hands off, things can only get worse in the festive season.
Giving rural migrants an incentive to return to cities is crucial to restoring economic activity to pre-Covid levels. Low-cost housing is a good starting point.
SRK's impromptu party looked refreshingly ‘normal’ and as cool as the Birthday Boy himself. King of Kool could be another tag for the man who once declared himself 'the last of the stars'.
The chipmaker at the heart of the AI revolution may be the most influential stock in Wall Street history. Nvidia has been the primary driver of the market’s gains since the start of 2023.
ISRO’s LMV3 rocket set off the CMS-03 satellite from Sriharikota Sunday. It weighs 4,410 kg, will primarily serve Indian Navy and has a life of at least 15 years.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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