Real estate in India
Real estate market saw many ups and downs in 2011. The firms either big or small who are listed at the Bombay Stock Exchange (BSE) degraded all in the previous year. The realty stocks’ price on an average went down by almost 51% with some firms going down as much as 80% in 2011. The [...] Continue Reading »
Regulation of real estate is a major concern in our country. For this reason, Government is holding talks with many stakeholders for discussing issues related to regulation and development of real estate in the national capital. After taking suggestions from general public, a few months back, the Ministry of Housing and Urban Poverty Alleviation consulted [...] Continue Reading »
Times Property Expo 2011 brings you an opportunity to book your dream project and entry is free. Times property expo 2011 Bangalore will be held in Bangalore Palace Grounds on December 2, 3 & 4 between 10:00 am – 7:00 pm. Times property Expo 2011 India brings premium luxury lifestyle exhibition showcasing residential properties, second [...] Continue Reading »
Mangalore sounds to be interesting midst property buyers from whole of India constantly complaining about getting pressurized from high interest costs and inflation. Meanwhile, Mangalore is thankful to its domestic and NRI property buyers. Mangalore’s first skyscraper is selling of flats for the rate of Rs 800/square feet. CREDAI experts claim that there is a [...] Continue Reading »
The ministry of urban development has suggested doing away with the current system of registration and transfer of property. Property holders across India may get a unique identity number or UID that not only streamline and organize India’s outdated land records, but also reduce the burden on courts by enabling faster resolution of property disputes. [...] Continue Reading »
With the apex court upholding the judgment of Allahabad High Court and with more land owners joining issue, more instances of land being acquired under the emergency clause of the Land Acquisition Act are coming to light. Builders and consumers, who have been at the receiving end, are already at loggerheads. For about seven years [...] Continue Reading »
Tata group has now set its sights on building the world’s cheapest house. The Indian company that launched the world’s cheapest car has unveiled its latest product for the fast-growing nation-a flat-pack house that costs just $700 and can be built in a week. What’s more, nicknamed the `Euro 500 home‘, a 20 square metre [...] Continue Reading »
Economic Growth will benefit Real estate in India. A more prosperous India in 2020 will be characterized by a better organized real estate industry which is transparent, efficient yet well regulated and focused on sustainable development. By 2020 India will become the 3rd largest economy after China and the US. It enjoys many advantages that [...] Continue Reading »
The RBI is concerned about transparency in the system. If good projects come up, banks will fund them. Lending to the sector will not decline but what would really impact the sector is the time-consuming process of obtaining approvals from various regulators and inflation. The Reserve Bank of India has laid out strict due diligence [...] Continue Reading »
The Centre is likely to introduce real estate regulation bill in the monsoon session. The Real Estate (Regulation and Development) Bill 2011, prepared by the Housing and Poverty Alleviation (HUPA) Ministry intends to promote planned development of real estate and protection of public interest among others. The Centre is likely to introduce the bill in [...] Continue Reading »
