With the announcement that the state will revert back to the old RP 2001 for a minimum of 6 months, the state real estate industry is in for a bonanza, civil society has alleged.

Chief Minister of Goa Manohar Parrikar on Monday said that the Government will swing into action to hold dialogue with all the stakeholders to formulate a new Regional Plan, a State land use plan, possibly within six months.

‘Plan should be prepared only after the Goa TCP Act is replaced'

The chief town planner and the Collectors North and South have been directed to freeze all permissions issued under RP 2021 with immediate effect.

The cut in the key policy rates by the Reserve Bank of India in its credit policy for 2012-13 comes as a welcome move for the property industry, after 13 consecutive hikes between March 2010 and October 2011.

The recent move by the Reserve Bank of India (RBI) in its annual Credit Policy has given some hope for investors in the affordable housing segment. 

Designers are lending their names to residential projects by adding bespoke features.

Are serious buyers in realty market keen on ready to occupy flats or are they OK with projects where they have to wait for months or years to get their dream homes? 

When Manoj Nair (35) shifted into his new home, he was surprised at the kind of savings he was doing on the utility bills.

The government will allow builders to raise overseas debt only for projects where 90% of the units are for low or middle-income groups