Real estate sector of India
The much-awaited Real Estate (Regulation and Development) Bill has obtained clearance from the Cabinet on 4th June. The Bill is expected to bring in transparency in the nation’s real estate sector with tighter norms for selling projects and preventing property fraud cases. This Act may be called as the Real Estate (Regulation and Development) Act, [...] Continue Reading »
New Delhi- With a lackluster realty market last year, the Indian realtors are expecting better market sentiments this year. They have been banking on the important legislation which is supposed to be introduced by the government in the upcoming budget session of the parliament. The budget is expected to create a larger impact on the [...] Continue Reading »
Being hit by increased land rates, lack of funds and high interest rates, the real estate sector of India has again been demanding for industry status. Despite the fact that 10 per cent GDP is contributed by realty sector which is the second largest employment provider of the nation, the central government is not giving [...] Continue Reading »
The real estate sector of India is going through a tough phase. Sales of residential projects in India have declined in last one year. Along with it the government has been strict with regulations and granting clearances. The developers are also finding it difficult to get investments for their projects in India. The builders are [...] Continue Reading »
Real estate is not recognized as an industry, though it is second highest in generating employment through the country. It is also reported hat 5% of the GDP of the country is coming out from this sector. Though it is true that this sector promotes different other industries, real estate is still not considered as [...] Continue Reading »
