urban housing
India’s relaxed rules for foreign direct investment (FDI) in construction will make it easier for foreigners to invest in real estate. While the promise of capital for those steeped in debt has surely been cheered by the real estate sector, it could bring more pain for buyers back at home. Demand and supply dictate logic- [...] Continue Reading »
Surat: Three new projects have been sanctioned for Surat under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) in order to provide better basic amenities to the residents of the city. The projects that the Surat municipal corporation (SMC) has been given the approval include a 50 million litres per day (MLD) water treatment plant [...] Continue Reading »
A recent report shows that although India’s urban housing shortage has decreased, the phenomenal housing growth has not been able to curtail housing shortage in Indian cities to a large extent. Indian cities are short about 19 million homes. The scenario has improved over 2007, when the national urban housing shortage was estimated at 24.7 [...] Continue Reading »
