According to ANAROCK Property Consultants, Delhi-NCR saw biggest jump in average flat size, from 1,250 sq ft in 2018 to 1,700 sq ft in 1st quarter of 2023; it dropped in Mumbai from 932 to 743.
Supreme Court Tuesday ordered the demolition of two under-construction towers at Supertech's Emerald Court complex, ruling them illegal and against residents' rights.
12 years after last booking was made, just 3 out of 20 residential towers at Parsvnath Privilege stand completed. The firm has been silent on 832 unfinished flats.
Commercial office space, which was the only bright spot in India’s otherwise struggling property market this decade, has seen vacancy rise to 14.1% from 12.7% a year ago.
Finance ministry says the proposed revamp will focus on structural reforms, rate rationalisation & ease of living, & will be deliberated upon in the coming weeks.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
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