Modi government
The companies want to bring some momentum in the market and after the prices of real estate have shown a positive trend, many big corporations have sold off their land assets to pay off their debts and monetise their existing projects. Rating agency Crisil stated that this move is likely to continue and India Inc. [...] Continue Reading »
The Modi government has been working on measures to make affordable housing available for all. To boost this move, there is one thing which can be done. The real estate developer gets a bank loan based on the credit rating of his residential project and if his credit rating is good, then the bank will [...] Continue Reading »
It is not just the Modi government which has decided to work towards getting all infrastructure projects cleared within the first 100 days of office but also the railway ministry has come up with a 100 day plan to get all the crucial projects which cost Rs. 50,000 crore to begin as soon as possible. [...] Continue Reading »
In the business world, the gurus will always emphasise on the need on diversification so that even if one business is not yielding profits, the other cash cow can run the show. Gujarat-based entrepreneur Girish Patel seems to walking on the same path. Patel the brain behind iconic brands such as Moov, Livon, and D’Cold after buying [...] Continue Reading »
The Modi government should take up tough measures to make sure that green technology is being used in matters of construction and realty space according to experts. This is primarily because of the massive and quick urbanisation the country is about to face. According to the CBRE South Asia Chairman and Managing Director Anshuman Magazine, [...] Continue Reading »
The good thing is that NaMo government manifesto and actions are well co-ordinated. They had promised ‘’housing for all by 2020’’ and now they are looking to set up a credit guarantee fund that will help bring down interest on home loans for small borrowings, a move aimed at giving a big push to low-cost [...] Continue Reading »
The minister for commerce and industry Nirmala Sitharaman soon will clarify the stand of the new government of FDI (Foreign Direct Investment). She mentioned that some sectors need money, some technology, some both. The NaMo government is open to FDI in other sectors like defence, railways and construction, however are closed to the idea of allowing [...] Continue Reading »
The Indian Real estate industry is looking at the first budget to be presented by the Modi Government with a lot of expectations. The property sector is looking at the possibility of the solution of the issues that have been plaguing the Indian real estate sector – such as delayed projects, legal quagmire, lack of [...] Continue Reading »
The slowdown in the real estate sector in the last two years seems to be over after the swearing in of the new government whose agenda is to improve the infrastructure, realty and manufacturing industries. On one hand the real estate industry is anticipating to get the Infrastructure status, and on the other hand a [...] Continue Reading »
The Chairman of home loan major HDFC Deepak Parekh mentioned that transparency and timely approvals from different authorities can reduce home prices by almost 20 %. Now that is truly a good news for the home buyers. And the Modi government had promised to reduce the red- tapism involved in the housing projects. Parekh also mentioned [...] Continue Reading »
