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Mumbai is often referred to as the city of dreams for all Indians but the issue of dilapidated buildings haunts Mumbai. There are more than 16,000 buildings in Mumbai which are in dilapidated condition and need repair or reconstruction. About 8 lakh people stay in such buildings. 300 people have died since 2013 due to building collapses and more than 3,945 accidents have happened in last 6 years. Redevelopment and Self-Redevelopment are the only viable options for the owners, occupants and tenants of such buildings. There are around 4.8 Lakh housing units valued at Rupees 4.48 Lakh Crores stalled in Top Seven Cities as per Government of India. Majority of these projects are from MMR and NCR regions which account for 77% of these stalled projects. As of December 2021, MMR alone had about 1.34 Lakh housing units valued at Rupees 1.91 Lakh Crores stuck. Reviving these stalled projects is extremely important for all real estate stakeholders namely Customer, Financial Institution, more than 300 Ancillary Industries and Government. Initiatives like Special Window for Stalled Housing Projects and Stressed Asset funds like SWAMIH by SBICAP Ventures are steps in right direction.

FSI

Adv. Darsh Dharod, Dr. Adv. Harshul Savla

Published: 2023-12-11

Total Pages: 185


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FSI - A Development Tool book covers topics like: • Land and its Usage • Norms of FSI for Residential, Commercial, Malls, Social Infrastructure, Industries, Data Centre & IT / ITES • SEZ (Special Economic Zones) • Townships • SMART Cities • FSI & Environment (ESG) • Redevelopment • Types of FSI • Hyderabad: The Land of Unlimited FSI • How to Make Mumbai Great Again! • FSI: A Boon or Bane
Insolvency is a state of financial distress in which a business or person is unable to pay their bills. It can lead to insolvency proceedings, in which legal action will be taken against insolvent person or entity, and assets may be liquidated to pay off outstanding debts. Whereas, Bankruptcy is a legal process through which people or other entities who cannot repay debts to creditors may seek relief from some or all of their debts. In most jurisdictions, bankruptcy is imposed by a court order, often initiated by the debtor. Bankrupt is not the only legal status that an insolvent person may have, and the term bankruptcy is therefore not a synonym for insolvency. Bankruptcy usually refers to Balance-sheet Insolvency wherein a person or company does not have enough assets to pay of all their debts. There could also be a Cash-flow insolvency wherein a person or company has enough assets to pay what is owed, but does not have enough liquid assets to pay a debt when it falls due. The Insolvency and Bankruptcy Code, 2016 (IBC) is the bankruptcy law of India which seeks to consolidate and amend the laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders including alteration in the order of priority of payment of Government dues and to establish an Insolvency and Bankruptcy Board of India, and for matters connected therewith or incidental thereto. IBC is a major legal reform to speed up resolution of stressed assets in India and is applicable to Individuals, Partnerships, LLPs and Corporates. Authority decides insolvency application within 180 days and can also fast track process of 90 days extension available for specified entities. The Adjudicating Authority for Corporates is NCLT, for Individuals and Partnership firm it is DRT (Debt Recovery Tribunals) under the SARFAESI (The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest) Act, 2002 and the RDB (The Recovery of Debts and Bankruptcy) Act, 1993. This books covers the Global Insolvency and Bankruptcy Norms, the Indian Code and focusses its impact on the Indian Real Estate Sector.
RERA is an Act to establish the Real Estate Regulatory Authority for regulation and promotion of the real estate sector and to ensure sale of real estate project, in an efficient and transparent manner and to protect the interest of consumers in the real estate sector and to establish an adjudicating mechanism for speedy dispute redressal and also to establish the Appellate Tribunal to hear appeals from the decisions, directions or orders of the Real Estate Regulatory Authority and the adjudicating officer and for matters connected therewith or incidental thereto. 1 lakh Real Estate Projects and more than 70,000 Agents across India have registered under RERA. Furthermore, RERA has disposed of more than 1,06,000 cases till date. All States and UTs have notified rules under RERA except Nagaland, which is under process to notify the rules. 32 States/UTs have set up Real Estate Regulatory Authority.
This edition has offered a unique platform for a constructive dialogue with the students and experts in the field of Architecture. Also, providing an opportunity to participate in an offline as well as online mode. The conference has prioritized on broadening the students’ knowledge and contribution towards the profession. Research fosters critical thinking and analytical skills and helps in defining academic, career and personal interests. Through the 5th National Students Conference on Research in Architecture our purpose to promote innovative, diverse, and scholarly exchange of ideas has been met. The conference has aimed to deliver the most recent relevant research, best practices, and critical information to support higher education professionals and experts. It has provided a professional platform to refresh and enrich the knowledge base and explore the latest innovations. It also provides a platform to the students of architecture to present their research to academicians and professionals as well as receive valuable feedback from them.
Introduction Economics is often regarded as the backbone of a nation's policy-making and development. Its principles and applications impact every aspect of society, from individual choices to global trade policies. For Civil Service Exam aspirants, a thorough understanding of economics is indispensable, as it equips you with the knowledge to analyze and address the pressing issues facing our country and the world. The Importance of Economics in Civil Services Economics forms a crucial part of the Civil Service Exam syllabus, reflecting its importance in governance and administration. As future civil servants, you will be required to make informed decisions that can influence economic growth, social welfare, and overall national development. Hence, a solid grasp of both basic and advanced economic concepts is essential. Basic Concepts We begin with the fundamentals of economics, laying a strong foundation for more advanced topics. Key concepts such as supply and demand, market equilibrium, and the role of prices in an economy are explained in a straightforward manner. You will learn about different types of markets, including perfect competition, monopoly, and oligopoly, and how they function. National Income and Economic Indicators Understanding how to measure an economy’s performance is critical. We cover essential economic indicators like Gross Domestic Product (GDP), Gross National Product (GNP), inflation, and unemployment rates. These indicators provide insights into the health of an economy and are vital for policy-making. Money and Banking The role of money in the economy, the functioning of banks, and the significance of financial markets are explored in detail. You will learn about monetary policy, the workings of the Reserve Bank of India, and how financial institutions influence economic stability and growth. Public Finance This section delves into government revenue and expenditure, focusing on fiscal policy and its implications for the economy. Topics such as taxation, public debt, and budget deficits are discussed to provide an understanding of how governments manage economic resources. International Trade and Finance In an increasingly globalized world, understanding international economics is crucial. We discuss trade theories, balance of payments, exchange rates, and the impact of globalization on national economies. The roles of international organizations like the World Trade Organization (WTO) and the International Monetary Fund (IMF) are also covered. Economic Development and Planning Economic development is a major goal for any government. This part of the book examines the strategies and policies aimed at achieving sustainable development. Issues such as poverty, inequality, and environmental sustainability are addressed, along with the role of planning in economic development. Contemporary Economic Issues The final chapters focus on current economic challenges and trends. Topics like digital economy, climate change, and economic reforms are discussed to provide a contemporary perspective. Understanding these issues is crucial for aspiring civil servants who will be at the forefront of addressing them. Conclusion This book aims to provide a comprehensive yet accessible introduction to economics, tailored specifically for Civil Service Exam aspirants. By bridging basic and advanced topics, it prepares you to tackle the economic questions in the exam with confidence. More importantly, it equips you with the knowledge to contribute effectively to the economic development and welfare of our society. I hope this book serves as a valuable resource in your preparation and inspires you to delve deeper into the fascinating world of economics. Nitin Arora
The official records of the proceedings of the Legislative Council of the Colony and Protectorate of Kenya, the House of Representatives of the Government of Kenya and the National Assembly of the Republic of Kenya.
The official records of the proceedings of the Legislative Council of the Colony and Protectorate of Kenya, the House of Representatives of the Government of Kenya and the National Assembly of the Republic of Kenya.
The official records of the proceedings of the Legislative Council of the Colony and Protectorate of Kenya, the House of Representatives of the Government of Kenya and the National Assembly of the Republic of Kenya.
The official records of the proceedings of the Legislative Council of the Colony and Protectorate of Kenya, the House of Representatives of the Government of Kenya and the National Assembly of the Republic of Kenya.