Real Estate Sector
New Delhi- Real estate of India hopes to get infrastructure status for affordable housing sector in the upcoming Union Budget 2013-2014. From the past three years the real estate sector has been longing for industry status. The recent tax benefit on home loans provided by the Finance ministry has boosted the industry’s hope. The Budgets [...] Continue Reading »
Gurgaon- In order to establish the Haryana Real Estate Regulatory Authority (HRERA) for regulation and planned development of the realty sector, the Haryana Town and Country Planning Department has invited suggestions on The Haryana Real Estate (Regulation and Development Bill-2013). The Authority would regulate properties of over 1000 square meters or projects consisting over 12 [...] Continue Reading »
New Delhi- Real estate in India, in the present year 2013, seems to have a good start with many new launches, interest rate cuts, and quicker project approvals in progress. Finance minister P Chidambaram identified that many incomplete stalled projects could be resumed construction if supported by financial institutions. Reserve Bank of India (RBI) is [...] Continue Reading »
The State government is planning to improve the rail connectivity from Bangalore to Mysore region by focusing on a rail project that was surveyed during the regime of UPA-1. The Bangalore-Chamarajnagar rail line will be put on track and the chief minister is soon going to announce financial assistance for the project. The rail project [...] Continue Reading »
Rudra Group has launched its new luxury residential project project Rudra Aqua Casa and Rudra Aqua Casa Noida Extension luxury apartments, in Sector 16, Noida Extension. This place is also known as Greater Noida (West). It’s located in the center of the city and is easily connected by roadways and metro lines. The project’s entrance [...] Continue Reading »
New Delhi- Reserve Bank of India (RBI) has announced reduction in short-term lending rate by 0.25 percent to 7.75 per cent. This move is expected to lead to reduction in interest rates for buyers and builders. RBI has also cut Cash Reserve Ratio (CRR) to 4 percent, releasing Rs 18,000 crore primary liquidity into the [...] Continue Reading »
Sectors 18, 25A and 32 are the sectors have been witnessing rapid development which makes them the favourite for residential and commercial activities. These sectors are just 3.5 kms away from Delhi and have a great connectivity with the city and offer huge potential for real estate development. These sectors are surrounded by sufficient greenery [...] Continue Reading »
Bangalore Metro Rail Corporation (BMRC) has started talking about the city needing a Phase III of this mass rapid transit project. For the present population and city spread, Bangalore needs at least 250 kms of metro lines. A BMRC official said that plans for Phase 3 are ready and they are waiting for the state [...] Continue Reading »
Delhi-NCR- Delhi-NCR has emerged as a hot real estate destination to investors. Many leading developers from various cities across the nation have started investing in the National Capital Region. Investing in real estate has become the major trend in the current period than any other investment destination. It has become an important source of money-making [...] Continue Reading »
Godrej Group, one of the big players in fast moving consumer goods and consumer durable sector, is now heavily investing in the real estate sector and they are expecting it to be their largest business in the next 10 years. The $3.2 billion Godrej Group chairman said that in past few years, the company has [...] Continue Reading »
