Real estate players
Telangana realty sector rejoices as VAT removal and single window clearances will come to force soon
Real estate players in Hyderabad say project execution delays will be reduced with a string of reforms initiated by the government. The newly bifurcated state has initiated many reforms in the real estate sector and the builder community is very happy as they feel that they will save time with the proposed single window clearance [...] Continue Reading »
Real estate players apparently have a lot of expectations from the new Government headed by Narendra Modi. Though Modi is yet to officially assume charge as India’s new Prime Minister, the country’s realty sector is hopeful of several realty-specific policy initiatives under his governance. The policy initiatives which the real estate sector is anticipating from [...] Continue Reading »
Special director of the Enforcement Directorate Balesh Kumar said, the real estate sector in India has the maximum scope for money laundering activities and there should be some sort of regulatory mechanism to keep a check on such activities, recently. Kumar said during a workshop on money laundering hosted by BRICS Chamber of Commerce & [...] Continue Reading »
Though, real estate may be on a sluggish path but education is flourishing, all thanks to India’s enormous demographic advantage. After sighting an opportunity, real estate players are discovering a sitting duck in the education business. Many builders are using their land acquisition and development skills to put up ventures pertaining to education. Prestige, Mantri, [...] Continue Reading »
Real estate player Prozone CSC, earlier a subsidiary of Provogue India Ltd, will be listed on National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) on September 12 as an independent entity. Prozone CSC Ltd has gone through the demerger process duly approved by the Mumbai High Court and is scheduled to be listed as [...] Continue Reading »
While exorbitant property price continues to slowdown Mumbai‘s real estate market, the suburbs are providing investment opportunities for buyers. Skyrocketing real estate prices and global economic conditions have badly hit Mumbai’s real estate sector and sales have fallen by nearly 70 per cent. Sales of top 5 real estate players in Mumbai have seen a [...] Continue Reading »
While big realty players like DLF and Unitech seem likely to sell their non-core assets like hotels smaller developers realize an advantage in developing hotels as it increases project valuations. According to industry analysts, real estate players can extract the best valuation by doing mixed land development where they build hotels along with residential and [...] Continue Reading »
The 2012-2013 budget for the real estate might pave way for increase in house rentals. The tenants who are paying monthly rental of more than Rs 1 lakh will come under the service net. This budget plan is all well and good according to the real estate players as they believe that a person who [...] Continue Reading »
The industry status is what the property consultants are demanding in the upcoming realty budget! Tax exemption on home loans and incentives to promote affordable housing segment is all what the real estate players are demanding for! Also, the realty players want to create a demand for retail space in shopping malls for the Foreign [...] Continue Reading »
Irony is the scenario in present real estate sector! Once in a while there is a breaking news saying Indian realty is doing too good and very next moment there is drop down in realty sales. Whether Indian realty is stable or not? This is the hot discussion and debate going on in Indian realty [...] Continue Reading »
