The first BJP government of Maharashtra is committed to providing roof over every head and accelerating housing industry in Maharashtra to realize the vision of housing for all by 2020, said Maharashtra CM-designate Devendra Fadnavis. Q: What steps should government take to convert the vision of housing for all by 2020 to reality and to […]
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October 29, 2014 12:45 am
Mumbai to witness greater demand for dwelling units by 2018
Demand for housing in Mumbai is going to outstrip supply in next four years. The commercial capital of the country is going to witness an extra demand of around 231,000 housing units across all segments by 2018-end while the supply is likely to be around 203,000 units. Of the total demand, majority (46%) is likely […]
October 28, 2014 6:57 am
Investors say cheers to infrastructure development
Real estate market along the stretch from Thane to the Central Business District of Belapur is on the boil. Price appreciation is the order of the day and hence those who had prudence to invest in the nick of time have every reason to cheer. Development of physical infrastructure in Ghodbunder Road, Kolshet Road, Airoli, […]
October 27, 2014 12:57 am
India needs to build 30K units daily for 8 years to meet housing needs: KPMG report
India will require to build at least 30000 to 35000 dwelling units daily for 8 years to meet the housing needs of the country, says the National Real Estate Development Council (NAREDCO) report. A majority of these houses need to be in the affordable segment requiring investment of more than US$2 trillion since a fifth […]
October 24, 2014 12:30 am
IDFC Alternatives’ Big Fund for real estate
A big raise of Rs. 750 crore for real estate sector by IDFC Alternatives Ltd, a private equity fund managed by India’s IDFC is raising eyebrows! As per IDFC, this is their maiden real estate funding focused on residential sector in India. This fund called IDFC Real Estate Yield Fund is an indication of a […]
October 21, 2014 12:45 am
Ghodbunder road realty zone-present and future
Ghodbunder road is the most lucrative and well-established zone in Thane. It has maximum office supply absorption and maximum potential for capital appreciation and growth for investors with a 5-7 years investment horizon. Today, this prime residential and commercial area is offering the likes of Mulund, Ghatkopar and even Andheri stiff competition for attracting office […]
October 14, 2014 12:31 am
RBI concerned over exposure of banks to infra and realty sectors
Reserve Bank of India has expressed concern over high exposure of banks to infrastructure and real estate sectors. RBI Deputy Governor R Gandhi cautioned lenders saying they “cannot put all eggs into one basket”. As an alternative, the deputy governor suggested looking at corporate bonds market, which is being encouraged by both the central bank […]
October 8, 2014 12:28 am
Mumbai’s eastern suburbs compete with California in terms of growth
Potential investors considering investing in the Mumbai Metropolitan region are in for a shock as the realty market around the MMR is competing with that of California, in the U.S. Added to the existing rush is the proposed metro rail project which is all set to catapult the market price further. The illogical rise in […]