From traffic violations to real estate scams, lawlessness permeates every aspect of life in India, exposing common citizens to a relentless cycle of corruption and chaos.
Lawlessness In IndiaCorruptionReal Estate ScamsTraffic ViolationsGovernment ServicesReal EstateAug 22, 2024
Lawlessness is rampant in India, with corruption and chaos permeating every aspect of life, including travel, water supply, healthcare, government services, real estate, and banking.
Developers have been taking existing flat owners and buyers of new apartments for a ride, with projects taking 5 to 10+ years to complete, and agreements with varying terms and conditions.
RERA (Real Estate Regulatory Authority) was created by the Maharashtra government, but developers are not concerned with this change, and the police and municipal authorities are in their pocket.
The Indian court system is difficult to navigate, expensive, and takes several years to decades to get a decision, making it challenging for common people to seek justice.
Corruption and lawlessness have become an inherent part of an Indian’s psyche, with even grade four kids aware of corruption in police and government offices, and the common man facing difficulties in accessing basic services.
NAREDCO Maharashtra NextGen and Brigade Real Estate Accelerator Program (REAP) have formed a strategic alliance to support and nurture proptech startups in India with a dedicated Rs 200 crore fund.
Housing.com and PropTiger.com have announced the appointment of Amit Chand as their new Chief Financial Officer. This strategic move is set to drive financial growth and innovation in the rapidly evolving Indian real estate market.
Bengaluru's real estate market, traditionally buoyed by the IT industry, is now facing significant challenges due to the IT sector's slowdown and growing concerns over infrastructure and sustainability.
Mumbai's real estate market witnessed a robust 9.5% increase in property registrations in March, with a total of 15,482 units. This surge is attributed to strong housing demand and favorable market conditions.
The Indian stock market saw a significant downturn today, with the Sensex closing 729 points lower and the Nifty dipping below crucial levels. The markets were hit by a combination of weak global cues and domestic factors, leading to a sell-off in major s
India's stalled real estate projects have left around 500,000 housing units in limbo. NBCC's proposal to complete Supertech's projects could bring relief to 27,000 homebuyers.