Real estate in India
The Confederation of Real Estate Developers’ Association of India (CREDAI) said that there is a need for comprehensive reforms to check black money and corruption in the realty sector. CREDAI has been advocating for single window system for project clearances to cut down time and chance for corruption. CREDAI has recommended reforms in four key [...] Continue Reading »
The rising concern about the environment in response to global warming is driving thinkers to seek some sustainable solutions and are forcing people to reconsider and amend their ways of living to become more Eco-friendly. Stepping in to the market condition, builders in India are opting the green building concept broadly to reduce the environmental [...] Continue Reading »
It is a known fact that property in rapidly-developing cities as Bangalore will find demand across all price points. At this point in time, moving funds from riskier equity-based investment avenues to the stable realty space is an option worth considering. Just as in the case of equity, property too is a medium to long-term [...] Continue Reading »
Cost of apartments in India has increased as well as the rate of interest on housing loans in last couple of decades. But according to the HDFC Ltd, the affordability of purchasing a home in India also has been increased. In an analysis the financial institution has found that a home buyer, on an average, [...] Continue Reading »
Considering the cost of the properties in India it seems that the demand for the properties in India is increasing. But the scenario is opposite to what it looks like. The costs of properties are raising and the demand has fallen in all major cities in India. The main reasons of falling demand of properties [...] Continue Reading »
Prestige construction is a well-known brand name in the market of real estate in India. So far the builder has constructed over 161 projects covering more than 45.82 million sq ft area. The group has constructed real estate properties in all segments residential, commercial, retail, hospitality. The company has been awarded with ‘Crisil DA1′ rating [...] Continue Reading »
The growth of the real estate market in Ghaziabad and Meerut has increased the rising opportunity for the marble retail business in the area. The marble industry in India has been flourishing since the real estate started growing in the Indian market. Now India is one of the foremost marble markets in the world. The [...] Continue Reading »
The government has suggested tighter rules for foreign direct investment (FDI) in real estate in India which will bar a foreign company from repatriating funds even after the mandatory three-year lock-in period in an Indian company. The new norms will make it mandatory for foreign companies to complete at least 50% of the project within [...] Continue Reading »
Three real estate builders DLF, Hirco and Hiranandani, have been removed from the builder’s body, the Confederation of Real Estate Developers’ Association of India (CREDAI) in Chennai. The builders were expelled as they were opposing to sign the organization’s ethical code of conduct, mandatory for all the 8,600 members spread across 105 cities in 22 [...] Continue Reading »
The real estate market in southern India has been growing rapidly. A global real estate research firm has reported that the growth of the real estate in India has witnessed the sharp rising due to multiple factors. The south Indian real estate market has done well in meeting the demand for office spaces and affordable [...] Continue Reading »
