Real Estate Industry
The real estate industry is already under tremendous pressure due to high interest rate, increasing input cost and overall low sale ratio. The new concern for the builders in metro cities are the acute shortage of labour. The real estate in Mumbai, Hyderabad, Chennai, Bangalore are hit hard by the shortage of labour. Analysts says [...] Continue Reading »
The national conference of Confederation of Real Estate Developers’ Associations of India (CREDAI) will start at Pune on Wednesday. More than 120 builders and developers from the country will assemble at the two days conference. According to the organizers the conference will start with a keynote address by JR Tanti, MD of Synefra Engineering and [...] Continue Reading »
The real estate industry demands tax rebates, excise duty reduction, stamp duty waivers and expansion of the interest subsidy on loans in the coming Budget 2012. According to the real estate builders affordable housing projects will enhance the fund flow for the real estate market. The sector also wants availability of funds at lower interest [...] Continue Reading »
The Indian real estate industry recently was known for its black money transactions! Now, the real estate experts and the government agencies fear for the flow of terror funds in the industry. A review assessment revealed that the track of highest component of undisclosed money was from the real estate income tax department. Other than [...] Continue Reading »
Real Estate Industry survives on the reliability and credibility of the builders. The reliability in terms of good quality, construction work, clarity in deals and credibility in terms of good past exposure is all what is necessary for the sooth run of the real estate market. When consumers think of brand builders they are always [...] Continue Reading »
It’s not just us people in India who look out for transparency while investing in real estate industry, however the Non Resident Indians (NRIs) also are very keen about this concern! The recent fall down in rupee paved great opportunity for the NRI. They too are smart enough to enhance best deals! End of the [...] Continue Reading »
The latest trend in Indian real estate sector is varying with the varying times! When asked about the recent improvements in the real estate sector, youngest MDs in Tata group Banerjee say that there has been increasing demand for more sustainable construction inclusive of security and safety considerations. Also, the highlight of current real estate [...] Continue Reading »
A Red Book of Valuation Standards followed up with brokerage standards and Global real estate agency was launched by RICS. This launch is purely an effort to enhance professionalism and transparency in real estate industry! Based on the 12 high level principals, RICS has introduced real estate standards. RICS Red Book of Valuation Standards in [...] Continue Reading »
The severe liquidity crunch during year 2010 and 2011 had stalled all the realty transactions in India. There was a complete downfall in the constructions, rent-in, rent-out and even sale deeds. A new life has been brought into real estate industry, wherein around Rs.200 crore from JM Financial Ltd’s non-banking financial company (NBFC) has been [...] Continue Reading »
A real estate sector who has 20 years track of residential and commercial sustained growth credit is owned by HM Constructions. HM realty construction company today is Bangalore’s one of the favorite builder in demand. Wherein they have expanded themselves in Bangalore city having provided apartment projects like; HM World City, HM Fort ST John, [...] Continue Reading »
