Real estate in India
The Housing and Urban Poverty Alleviation ministry has drafted the real estate regulatory bill, and planned to introduce it in the budget session that concluded last month. However, following huge numbers of protest, the ministry held a fresh round of consultations with all the states last month to try and get them on board. It [...] Continue Reading »
In a recent survey it is found that the cost of residential properties in India has increased by 12 percent in the financial year 2011-12. In the growth pattern India stands at 3rd position in the report. Typically, high interest rates dampen housing demand. However, the rise in prices in India was despite the prevailing [...] Continue Reading »
The real estate developers in India are concentrating more on the execution and completion of the older under construction projects in India. The real estate market is struggling to come out of the situation as project delay is a major concern for the investors as well as for the home buyers. It is reported that [...] Continue Reading »
Most of the people in India prefer to buy a house as a residential property. One who had invested in purchasing a residential property in India, can enjoy different benefits after retirement. A property in India can be used as collateral and the owner can take a loan to supplement his post-retirement income. But this [...] Continue Reading »
The engineering and construction conglomerate Larsen & Toubro may merge its property development and real estate units as part of a business realignment strategy. According to L&T official, the L&T Urban Infrastructure will now be merged with L&T Realty, which in turn will manage the real estate business for the company. L&T Realty is strengthening [...] Continue Reading »
Unity Infraproject, a Mumbai based real estate builder has awarded Rs 142.32 crore project for the infrastructure development in the country. The group has received Rs 48.81 crore orders for the construction of concrete road and allied civil works in Navi Mumbai, which will be completed in 18 months. In another project the Unity group [...] Continue Reading »
The Confederation of Real Estate Developers Association of India (CREDAI) appealed to the Prime Minister to intervene in the real estate regulatory bill, so that the regulation will be able to prevent the inflow of black money into the realty sector. According to the president of CREDAI, 20 years back Manmohan Singh, as the Finance [...] Continue Reading »
Vibgour has launched apartments in India which are priced at Rs 3 lakhs and above. All these flats will have modern architecture, layout, designs and amenities to cater to the needs of the buyers at affordable prices. According to Vibgyor Group, the affordable housing in India has become the new trend to promote the apartments [...] Continue Reading »
JJC Developers are working in the field of real estate for last 10 years. They have successful footprint in the real estate in India. They have successfully completed 10 projects in Andhra Pradesh and Karnataka. In Bangalore the group has constructed hotels and commercials properties apart from residential projects. So far JJC Developers have developed [...] Continue Reading »
The Confederation of Real Estate Developers Association of India (CREDAI) has decided to prevent any black money transaction in Indian real estate sector. Many people believe that real estate is the best sector where they can invest their ill-acquired money. According to CREDAI, builders are encouraging the black money in real estate to increase the [...] Continue Reading »
