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 […]
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 […]