Government policy
The new leasehold policy announced by the government have not gone down well with the developers. Builders are of the opinion that the hike in lease rates, announced in the new leasehold policy, will affect the monthly rents paid by tenants who occupy old buildings. The builders say that the policy will also further drag [...] Continue Reading »
Property advisory firm Cushman & Wakefield says that private equity investments in the Indian real estate sector have seen a drop of 15 per cent in the first three quarters of calendar year 2012, compared to a year ago. FY2012 has so far witnessed investments of around Rs 3,500 crore across residential and commercial property [...] Continue Reading »
Foreign investors continue to elude Indian retail real estate sector despite it being one of the fastest growing markets in the past few years. Industry analysts blame the government’s policy regarding foreign direct investment into real estate, and particularly retail real estate, for discouraging overseas investors investing in India. Anuj Puri, chairman and country head [...] Continue Reading »
Today Bangalore is grown so big with excellent infrastructure, telecommunication, Government policy initiatives and many such. Midst all what matters is the factors of real estate. Real estate too plays a vital role for the overall growth of the city. In Bangalore, Bangalore Development Authority (BDA) has a overall control of growth process of the city, however [...] Continue Reading »
