Economy
BJP’s manifesto clearly charted out the housing for all agenda by 2022. Urban Development and Housing Minister Venkaiah Naidu mentioned in New Delhi that this is a top priority of the government, which is exploring all financial models, to go ahead with the ambitious scheme. Modi has invited the states and Union Territories ministers to [...] Continue Reading »
The city has been developing rapidly over past decade and a half. The city is close to Mumbai, and is strategically located on the Central Railway main line and the Mumbai-Agra National Highway. It is the new centre of industries, commerce, administration, education, production and marketing. The city has has three well-developed industrial estates at [...] Continue Reading »
According to a report by real estate consultancy Cushman and Wakefield, the sector has received lower investments as compared to previous year. Last year, India was the 10th most invested location in the Asia-Pacific region. The report by the consultancy ‘Investment Market Beat-2013’showed that the APAC region received a record $487 billion in the real [...] Continue Reading »
In a survey by Cushman & Wakefield, India has emerged as 24th most preferred global manufacturing destination in the world. The report is titled ‘Where in the World : Manufacturing Index 2014’. The report ranks 30 global manufacturing destinations across the world on factors that are likely to affect the successful operation of production facilities [...] Continue Reading »
Farmers, in parts of Gandhinagar and Ahmedabad, protested against land acquisition by Maruti. The villagers claim that the land was taken away from them at a throwaway price and given to Maruti. This is the second major instance where farmers are protesting against the State Government’s attempts to acquire agricultural land for industries. The farmers [...] Continue Reading »
According to research firm Liases Foras, the construction of nearly half of the 3,23,000 homes scheduled to be delivered in 2013 are lagging behind. At least a third of these will not be ready even before 2014. A survey by the company has revealed that three of every four homes to be delivered in 2014 [...] Continue Reading »
Experts say that the present slowdown in the economy can be turned to a projected growth with a revival in the real estate sector. When India’s economic growth had slowed down to 6.7 per cent in 2008-09 from 9.3 per cent in the previous year, the revival of the real estate sector with a growth in [...] Continue Reading »
The Confederation of Real Estate Developers Associations of India (CREDAI), the apex body of real estate developers from across the country, expressed that the government’s policy paralysis has severely impacted the real estate sector which is facing stagnation in growth. CREDAI National President, Lalit Kumar Jain said that the economy is in a bad shape [...] Continue Reading »
Property buyers beware of the residential projects which avail discounts while buying a property. According to the recent survey of Jones Lang LaSalle India (JLL), the developers who have started luxury residential projects will soon be facing problems in delivering the projects. Due to hike in interest rates and high property prices there is a [...] Continue Reading »
In a Worldwide Cost of Living Survey, India’s financial capital Mumbai has been ranked third cheapest place to live, while national capital New Delhi is fifth. In this year’s ranking of costliest cities of the world, Mumbai has been placed at 131st position, up a place from 132nd a year ago, while New Delhi has [...] Continue Reading »
