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Delhi, Mumbai will soon get housing approvals within 60 days, says Union Urban Development Minister M Venkaiah Naidu
Tue, Feb 28, 2017
Union Minister of Urban Development, Housing and Urban Poverty Alleviation Venkaiah Naidu in an interview to MagicBricks.com has said that housing approvals in Delhi and Mumbai will come within 60 days and the notification for the model approval process in the two cities is expected soon.
Residential realty likely to witness weak sales, commercial & retail segment to record stable growth in 2017: Care Ratings
Mon, Feb 27, 2017
Care Ratings has projected India's residential real estate sector to witness low sales in 2017 on back of buyers waiting for more interest rate cut from the Reserve Bank of India (RBI), deferral of house buying decision among IT professionals, among others.
Total PE into real estate jumps 62% to Rs 38,000 crore in 2016
Mon, Jan 16, 2017
"The performance was due to increased confidence shown by investors post the Parliament's passage of RERA [Real Estate (Regulation & Development) Bill] and GST (goods and services tax)," JLL India managing director (Capital Markets) Shobhit Agarwal said.
5 key things to look forward in real estate in 2017
Sat, Dec 31, 2016
With sky-rocketing property prices and high home loan interest rates, first time home buyers faced hardships in buying homes in top metros of India in 2016 resulting in slowdown in demand and rise in unsold inventories but the new year is expected to bring some cheer for property buyers, say expe
Three policies that may haunt or help real estate market in 2017
Tue, Dec 27, 2016
Rohit Gera, Managing Director, Gera Developments & VP, CREDAI said, "2016 has been a turbulent year for real estate. The industry faced headwinds in terms of slow sales which was then followed by a reduction in project launches. Interest rates that were expected to come down stayed stubbornly high."
Real Estate Regulation Act will bring transparency to sector: Survey
Thu, Aug 25, 2016
The introduction of Real Estate Regulation and Development Act (RERA) will bring transparency and authority in doing real estate dealings, which will ultimately result in reducing litigation in the sector and pave the way to get more foreign investment into the sector, a survey conducted by Ficci