Real Estate: GK, General Studies and Current Affairs

Infra Status to Affordable Rental Housing Complexes (ARHCs)

The department of economic affairs under the ministry of finance issued a notification to include “Affordable Rental Housing Complex”  in the Harmonized Master List of Infrastructure Sub-sectors by insertion of a new item in the category of “Social and Commercial Infrastructure” “Affordable Rental Housing Complex” is defined as a project to be used for rental ..

Housing Sales Hit in the First Half of 2020, NCR Affected the Most

Due to the Coronavirus pandemic hitting the country hard in 2020, housing sales across the major cities of India have been affected a lot with a decline of 54 per cent to 59538 units during the First Half of 2020. During the same period in the last year, over 1.29 lakh units were sold across ..

GDP at 4.5% in Second Quarter(July-September), Lowest in 25 Quarters

The Gross Domestic Product(GDP) of India has now been declining for five straight quarters in a row, falling by 0.5 percent from the first quarter of 2019-20 to 4.5 percent in the second quarter, registering the slowest and lowest growth rate since the final quarter of 2012-13. The further decline in the GDP during the ..

Reforming Restrictive Tenancy Laws

It is widely accepted that transforming agriculture in the medium to long-run requires fundamental reforms in land institutions as well. But the terms of reference of the High Powered Committee of Chief Ministers for Transformation of Indian Agriculture not include land reforms. It has to be noted that during its first term the government headed ..

Public Premises (Eviction of Unauthorised Occupants) Amendment Bill, 2019

To remove illegal squatters and occupants from government properties and the land, the Indian Government has decided to bring the Public Premises (Eviction of Unauthorised Occupants), Amendment Bill, 2019 to provide more power to the evicting officials. ?What happens? The Government has a lot of land and property in prime locations, all of which can ..