housing

Real estate activity contributes significantly to the overall economic output in India, as it does in most economies across the globe. The sub prime crisis in the US, triggered by the high default rate of sub prime home loan borrowers, has snowballed into an economic crisis that has pulled most of the world into its grip. The co-relation and co-existence of a flourishing real estate sector with a healthy economy has never been more obvious than it is now.  Here’s a reality check on the situation in Namma Bengaluru. (File Pic: Meera K) Cause and effect of the last two…

Often, I find that public spaces like roads and footpaths are used as if they are there for our own convenience.I passed this plot of land being readied for construction a couple of days ago:That was a footpath before this all started!Why has all the debris been thrown on the pavement? There is now no space for anyone to walk, and the debris extends to the road, too.We are not aware, either, how we should protest when such a civic-unfriendly act occurs; so we feel helpless, and keep quiet, and bemoan the lack of civic sense in our city....Does anyone…