The transition of the real estate market has changed the dynamics of the sector completely. After the advent, multiple policies and regulation of the real estate industry has seen a paradigm shift with systemic checks and streamlined process.
Interview Point: PNC Menon, Chairman-Emeritus of Sobha Ltd feels India…
Bottom Line: In an interview with Ravi Sinha, Nikhil Hawelia,…
Bottom Line: Brotin Banerjee, MD & CEO of Tata Housing…
Dubai property market has been centre of attraction for the investors from across the world. Indians, of course, have been a significant contributors and Dubai rates India as the second largest investor country after the UK. Sultan Ebrahim Alakraf, Senior Director of Land Department, Government of Dubai, shares with Ravi Sinha how Dubai has been consciously trying to create its own brand differentiator with ease of doing business and easy exit to the investors. Excerpts of an exclusive interview:
Track2Realty Exclusive: India’s urban population will soar from 340 million in 2008 to 590 million in 2030 as estimated. And this urban expansion will happen at a rapid speed.
Track2Realty Exclusive: Historically, the involvement of women in matters relating to real estate has been there as it was always a small scale family run business. So, handling administrative and employee management was a common role of developer wife’s.
Track2Realty Exclusive: The Government of India envisages one trillion dollar investment in all areas of infrastructure in the 12th five year plan (year 2012 to 2017). The Government wants fifty percent of this investment to come from the private sector participation and most of these projects are expected to utilize the Private – Public partnership (PPP) model.
Track2Realty Exclusive: The RBI needs to put its act together before its next monetary policy review on July 30. In the wake of sluggish pace of economy, the Reserve Bank’s status quo on key policy rates in its last monetary policy sent a wave of disappointment in the industry.
Track2Realty Exclusive: An affordable housing project should be located within reasonable distances from workplaces and should be connected adequately through public transport.