Infrastructure
Price correction is apparently on the cards for Mumbai’s resale property market; with trends governing the real estate market having been deciphered by realty experts and investors ahead of the formation of the new Government in India. Despite the fact that the realty market in Mumbai is a dynamic one, transaction volumes in the city’s [...] Continue Reading »
The corporate bigwigs of Andhra Pradesh desire that the new Government, under the headship of Narendra Modi, should take up development issues as a top priority, to give the industry a substantial boost. Talking about the people’s mandate in the two states, and sharing their views about the post-poll scenario, some of the Andhra industry’s [...] Continue Reading »
The growth of the real estate sector is largely dependent on a rational policy regime; and the projections of a new, stable Government at the Centre is expected to improve the country’s overall realty investment environment as well as realty prices. With the recent sluggishness of the real estate sector likely to become a thing [...] Continue Reading »
With a new generation of moneyed professionals in the BPO and IT sectors apparently looking for upscale residential complexes in Gurgaon, the developing sectors of New Gurgaon and National Highway 8 (NH-8) have become prime locations for most developers. Given the ever-increasing purchasing power of the new generation of wealthy professionals, the residential properties in [...] Continue Reading »
With Narendra Modi having been brought to power – with a thumping majority – by the Indian voters, the hiring companies have expressed the hope that the new Prime Minister will give the manufacturing and infrastructure sectors a notable boost, in order to deliver his promise of creating more jobs for the youth. Since more [...] Continue Reading »
With the real estate market having received a notable impetus from infrastructure growth all over India, developers who have projects coming up close to National Highway 3 (NH3) are optimistic of an imminent rise in realty prices in the near future. Of late, Thane and adjoining areas have developed fairly rapidly, thanks to the increased [...] Continue Reading »
Hopeful of a revival of fortunes of the under-performing real estate sector once the new Government comes to power, the realtors are seeking the implementation of ‘single window clearance system’ from Prime Minister-designate Narendra Modi. In a proposal sent to Modi, a real estate group of Noida has urged greater transparency in the realty-project approval [...] Continue Reading »
An official said the highest bid received for the land was Rs 1,09, 500 per sq m. On Tuesday, the JDA earned nearly Rs 89 crore through auctioning a big chunk of land measuring 8098. 74 sq metres situated at Tonk Road near the airport. A senior official of finance wing said “In the past [...] Continue Reading »
Based on suggestions of Parthasarathi Shome panel that was set up to address the grievances of the industry, the government recently said it has clarified on 76 issues related with direct and indirect taxes. An official release said Finance minister P Chidambaram has discussed these issues and has taken final decisions to remove difficulties faced [...] Continue Reading »
There are numerous trenches lying open across the city indicating a grim situation for the BMC before the rains set in moreover with barely seven days left to the official deadline to complete all road works. One out of every 5km of carriageways was dug up. And, the BMC doesn’t have exact data of how [...] Continue Reading »
