Coliving, Coworking & Student Housing Give 7-11% Higher Rental Yields- CII-ANAROCK Report

Coliving, Coworking & Student Housing Give 7-11% Higher Rental Yields- CII-ANAROCK Report

Coliving, coworking and student housing emerged as “sunshine” real estate asset classes in early 2020, delivering rental yields of about 7–11 percent versus the 3 percent national average from traditional residential formats. A CII–ANAROCK report titled Emerging Asset Classes: The Future Looks Promising highlighted how these models were reshaping India’s rental market and attracting both […]

BDA cannot cancel site allotment unilaterally: Karnataka High Court

BDA cannot cancel site allotment unilaterally: Karnataka High Court

The Karnataka High Court held that the Bangalore Development Authority (BDA) cannot unilaterally cancel a site allotment or registered sale deed once a site has been validly allotted and conveyed to an allottee or subsequent purchaser. Any such cancellation, without notice and due process, is ab initio void and unenforceable in law.​ Background and case […]

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