Mumbai is the financial hub of country and driving the maximum economic growth in comparison of rest of the cities. From past many decades, Mumbai is attracting the investors and it is the main reason for the success of this commercial hub. Many premium real estate developers are launching the new projects in Mumbai, which […]
real estate sector Archive
November 13, 2014 12:30 am
Modi government relaxes FDI rules for investment in real estate sector
With its emphasis on attracting Foreign Direct Investors (FDIs) to invest in India’s real estate, Narendra Modi-led government is softening the rules and regulations for foreign direct investment in construction and housing sector in a big way. The new central government norms are expected to allure the FDI inflow in the country. The relaxed rules […]
November 10, 2014 8:25 am
Housing mission to be named after Sardar Patel
The ambitious urban housing mission to ensure housing for all by 2022 will be soon launched and will be named after Sardar Patel, said Minister of Housing and Urban Poverty Alleviation M. Venkaiah Naidu. The government is taking many steps to convert the vision of housing for all by 2020 to reality and to boost […]
October 30, 2014 1:18 am
New government committed to affordable housing dream: Fadnavis
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 […]
October 30, 2014 12:30 am
RBI tells banks to bring innovation into home loans
The Reserve Bank of India (RBI) has called upon banks to bring in more financial innovation into home loan products by linking such loans to deposits. According to R Gandhi, Deputy Governor, RBI, “Savings can be induced to generate savings balance by way of monthly or periodic deposits. This will serve as a track record […]
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 20, 2014 2:00 am
Property prices likely to be stable in Mumbai due to high price points
Stable price scenario can be expected for property prices in Mumbai in the foreseeable future due to the high price points. However, Bangalore, Chennai, Pune, and Kolkata may see marginal appreciation due to increased demand. In second quarter the union government had announced friendly measures in the 2014-15 budget for real estate sector. With the […]
September 26, 2014 12:10 am
Consultations with stakeholders on Real Estate bill on Sept 19
The Ministry of Housing and Urban Poverty Alleviation will hold consultations with stakeholders on the Real Estate (Regulation and Development) Bill on September 19. The consultations will be held with representatives of the Ministries of Environment and Forests and Climate Change, Consumer Affairs, Civil Aviation, and Culture, a statement from the Ministry said. Before seeking […]
September 18, 2014 12:50 am
Save money by booking your dream home in festive season
If you want to own a home, so this festive season is great time to buy your dream home and save money to celebrate this festive season in best way. Real estate developer and builders are offering the great discount and offers more rampant as Q3 of the year draws to an end and Q4 […]
September 12, 2014 7:35 am
Affordable residential property in Panvel and Titwala
With the increase in the demand of properties in Mumbai and other locations there has been a tremendous increase in the real estate sector. People who are unable to invest in areas like Thane, center of Mumbai, and Kalyan are now moving their attention towards property in Panvel and property in Titwala. Panvel is one […]