Real Estate Mumbai
Mumbai's TDR Policy: A Double-Edged Sword for Urban Development
Mumbai's TDR (Transfer of Development Rights) policy, introduced to achieve public goods and a city without slums, has instead become a tool for real-estate speculation and urban inequality.
Real Estate
Mumbai's TDR Policy: A Closer Look at Real Estate Speculation and Urban Inequality
The Transfer of Development Rights (TDR) policy in Mumbai, introduced to achieve public goods and a city without slums, has instead facilitated real estate speculation and income-segregated urban development.
Real Estate Maharashtra
Are Real Estate Ads Finally Catching Up to Women Buyers?
Explore how real estate ads are evolving to better represent and target women buyers, who now account for over 22% of residential transactions in urban India.
Real Estate
India's Real Estate Sector Rebounds with a Focus on Talent and Parity
Explore how India's real estate industry is experiencing a resurgence, driven by strategic investments in talent, performance-driven compensation, and a commitment to gender equality.
real estate news
India's Wealthiest Individuals Prefer Real Estate and Gold Investments
A recent report by Bernstein reveals that India's wealthiest citizens, known as the 'Uber Rich,' predominantly invest their assets in real estate and gold. This elite group, comprising just 1% of Indian households, controls 60% of the country's total assets and 70% of its financial assets.
Real Estate
Wealth Inequality in India: Top 1% Hold 60% of Assets in Real Estate and Gold
The top 1% of India's wealthiest citizens have invested 60% of their wealth in real estate and gold, according to a recent report by Bernstein. This segment, comprising Ultra High Net Worth Individuals (UHNI) and High Net Worth Individuals (HNI), controls nearly 60% of the country's total assets.
Real Estate
India Emerges as a Global Leader in Income Equality
India has achieved significant progress in income equality, ranking fourth globally with a Gini Index of 25.5, according to the latest World Bank data. The country’s success is attributed to robust poverty reduction and inclusive financial policies.
Real Estate
The Stark Reality of India’s Economic Divide: ₹600 Wages vs ₹20 Crore Homes
In today’s India, a single labourer earns ₹600 a day while 600 others close ₹20 crore home deals. Senior analyst Sujay U. highlights the deepening economic fracture and calls it a generational wound.
Real Estate Maharashtra
Nagpur Highlights Water Inequality in Maharashtra
Despite significant dam projects, Maharashtra continues to face regional water disparities, as highlighted in the Vidarbha Pani Parishad. The event emphasized the need for decentralized water management and sustainable practices.
Real Estate Mumbai
Navi Mumbai Launches Women’s Safety Campaign with Street Plays
The Navi Mumbai Municipal Corporation (NMMC) has initiated a week-long campaign featuring street plays across the city to promote women’s safety and community involvement.
Real Estate Pune
Pune Residents Demand Action as Sewage Floods Slum Homes
With the onset of pre-monsoon showers, residents of the Madari Wasti slum in Pune are once again facing a deluge of untreated wastewater, leading to public outcry over years of neglect by the Pune Municipal Corporation (PMC).
Real Estate
Profit Rise in GVA Not Matching Wage Increases: Report
Despite a sustained increase in profits within India's Gross Value Added (GVA), the wage share has seen a decline, raising concerns about economic inequality and consumer demand.
Real Estate
Rise in Profits in GVA Not Translating into Higher Wages: Report
While the real estate sector saw a small rise in the share of compensation, the construction sector experienced a significant decline. The overall decrease in wage share amidst rising profits highlights growing economic inequality.
Real Estate
Wage Share Declines as Profit Share Surges in India's GVA: NAS Data
New data from the National Accounts of Statistics (NAS) reveals a growing disparity between employee compensation and business profits in India's Gross Value Added (GVA). While profits have risen sharply, wage shares have declined, raising concerns about economic inequality and consumer demand.
Real Estate Mumbai
Supreme Court Upholds Equality: Firm Reprimanded for Seeking Special Hearing
The Supreme Court of India has sent a powerful message against the notion that the judiciary is biased towards the wealthy. A real estate firm was recently reprimanded for attempting to secure an out-of-turn hearing, reinforcing the court's commitment to equality and fairness.
Real Estate
Supreme Court Rejects Urgent Hearing Plea for Gujarat Resort: Is Access Only for the Rich?
The Supreme Court recently dismissed an urgent hearing request from a Gujarat-based real estate and private resort management company, raising questions about access to the judicial system for smaller entities. The court's decision has sparked discussions about the accessibility of justice and whether it favors wealthier parties.
Real Estate Maharashtra
Ladki Bahin Yojana Slashed: ₹1500 Reduced to ₹500, Triggering Political Storm in Maharashtra
The Ladki Bahin Yojana, a significant initiative that aided the NDA in securing a major victory in Maharashtra, has been reduced from ₹1500 to ₹500, sparking a political uproar.
real estate news
The Truth Behind Sky-High Hotel Rates in India: Are They Really a Scam?
Investor Basant Maheshwari's recent comments have sparked a heated debate about the cost of accommodation in India. Is the rise in hotel rates justified, or is it just another way to exploit travelers? Find out in this detailed analysis.
Real Estate Maharashtra
Denial of Housing Based on Caste or Religion: Governor of Maharashtra Voices Concern
Maharashtra Governor C P Radhakrishnan has expressed deep concern over the denial of housing based on caste or religion, labeling it as disheartening and against the principles of equality and secularism.
Real Estate Pune
Pune Municipal Corporation Employs Women for Property Tax Collection
Pune, 14th March 2025: In a groundbreaking move, the Pune Municipal Corporation (PMC) has assigned women employees to the task of collecting pending property taxes, marking a significant step towards gender equality in municipal governance.