Real Estate Sector
The newly formed state of Telangana is taking all the measures to expedite the growth in the state. The Telangana Government is considering coming out with norms for a single window clearance system for real estate and other construction projects. This will cut short the project implementation time and increase transparency. The State Minister for [...] Continue Reading »
With BJP-led NDA government set to assume charge at the Centre, stakeholders in the realty sector are hopeful that the real estate sector – as well as the economy as a whole – is apparently on the verge of a turnaround for the better. Given the fact that BJP-led NDA has posted a thumping victory [...] 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 »
The real estate body of Noida has proposed to Narendra Modi, after his sweeping election victory, that a single window clearance system be introduced for clearing new projects. The real estate sector has been an under-performer for long, and the time taken for clearing new projects has been a significant reason behind this. Mithas, managing [...] Continue Reading »
After the new government takes charge the lackluster real estate sector is unlikely to revive soon. For concrete signs of revival experts are looking at a timeframe of anything between 12 and 18 months from the time of the new government. That too is conditional. An upswing in the realty sector will be possible only [...] Continue Reading »
Real estate consultant KJ Singh said, “The mess that the real estate sector is in today will become worse if FSI is increased as the builder lobby has been asking for a higher FSI.” On a certain plot FSI is the total covered area on all floors of all buildings divided by the area of [...] Continue Reading »
Pune real estate sector is witnessing some renewed interests of private equity players. The reasons may be the uninhibited influx of professionals and a robust local economy, which is relatively less affected by the economic downturn, The developers have also ensured a steady demand for homes and offices in the city. This has helped induce [...] Continue Reading »
The real estate sector facing crisis is neglected by the United Progressive Alliance (UPA) government but now the realty sector is banking its hopes on Narendra Modi and Bharatiya Janata Party (BJP) to improve its prospects. In the phase of economic instability, the real estate sector has been facing some stress. The industry is looking [...] Continue Reading »
Surat real estate market is on upward direction after an 18-month lull, as lots of demands for housing projects are being witnessed at Katargam and Varachh. A famous developer has earlier got very few buyers for flats in his scheme. But now the situation is going to change as the real estate market conditions are [...] Continue Reading »
Uttarakhand has always been among the top destinations on buyer’s wish list and the property market has witnessed a dream run in the past. The recent natural calamities in the state are to an extent responsible for an overall slowdown in the real estate sector. As per the market watchers, there has been an overall [...] Continue Reading »
