Courtney Walsh – one of international cricket’s most accomplished and celebrated exponents – held court at an exclusive town-hall at the Mumbai office of international property consultancy Jones Lang LaSalle India today.
With reference to the media reports on scam in Gold Sukh Trade India in Jaipur, the real estate developers Gold Souk has denied any links with this company and has issued a release to “inform the general public at large that some person(s) is/are misusing the name of ‘GOLD SOUK’.
Growing eurozone crisis is all set to affect the Indian real estate. It may sound like drawing a parallel between Indian office space prices and what’s happening in North America and Europe.
Seeking to address the concern of real estate developers over delay in getting approval of the projects, government today announced the setting up of an expert committee to suggest measures for a speedy clearance system.
While the real estate industry bodies, both CREDAI and NAREDCO, have approached the CCI alleging cement cartels hoarding to inflate prices, a CRISIL report says India’s cement demand has grown at a slow pace of 3% during April-October 2011.
Steady rise in the price of construction material, like cement, steel, bricks, coupled with a shortage of skilled labourers, has hit the realty sector in Gujarat, an office-bearer of state-CREDAI said.
Mumbai-based Panchshil Realty has entered into an MoU with Korean company Hanmi Global Co Ltd for a business arrangement by which both parties would jointly pursue and perform consultancy services for project management.
The draft Real Estate (Regulation and Development) Bill, 2011, aims at bringing reforms in the unorganised Indian real estate sector.
CREDAI has opposed the proposed Land Acquisition and Rehabilitation & Resettlement (R&R) Bill, and said with proposed R&R to the farmers the construction industry would become an unviable proposition.
RICS has released its research report ‘Real Estate and Construction Professionals in India by 2020’.