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Real estate sector faces labour crisis

Real estate sector faces labour crisis
The Indian realty and construction sector is facing a grave problem in the form of severe shortage of workforce. While increasing urbanization is generating unprecedented demand for real estate, there is a shortage of skilled as well as unskilled laborers to meet the demand. This massive requirement for realty space results in huge demand for [...] Continue Reading »

Policy to regulate illegal constructions in Maharashtra

Policy to regulate illegal constructions in Maharashtra
In the wake of rising urbanistaion, the state revenue department is planning a policy to regulate urbanization and create special squads to keep illegal construction under control. When asked question related to illegal constructions, revenue minister Balasaheb Thorat told that a comprehensive policy will be announced in the next three months. He said the proposal [...] Continue Reading »

ASK Property invests 100 Cr in Mumbai project

ASK Property invests 100 Cr in Mumbai project
ASK Property Investment Advisors, the real estate private equity (PE) arm of diversified financial services company ASK Group, has invested Rs 100 crore in a Mumbai-based residential project in Mulund, being developed by Rajesh Builders. Raj Altezza Project will be completed in two phases and will occupy 400 units in total. The cost of the [...] Continue Reading »



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