High potential meets uncertainty in Gurgaon’s emerging residential areas
Rohan Sharma, Manager – Research & Real Estate Intelligence Service,…
Rohan Sharma, Manager – Research & Real Estate Intelligence Service,…
The real estate sector has welcomed the CRR rate cut by the RBI and said it will help revive demand in the housing segment.
The Supreme Court on Friday, Jan 20, gave two Sahara group companies three weeks to choose between two courses to secure investments made by the public in their controversial Optionally Fully Convertible Debentures (OFCD) scheme.
The Confederation of Real Estate Developers’ Association of India (CREDAI) has welcomed the decision of the Government to approve the Development Plan (DP) for 23 villages of Pune saying it would provide a fillip to growth.
India has the second largest population in the world and is expected to overtake China by 2025. Fulfilling the housing needs of the Indian population which is growing at 1.41% annually is a tremendous challenge for the government today.
Residents of Pune looking for affordable housing schemes are pretty disappointed with the 2-day property exhibition, Profest 2012, of Confederation of Real Estate Developers’ Association of India (CREDAI) Pune.
In a macro economic perspective booms and slumps in realty market predominantly affect active investors and traders in property who want to make money on every deal they make.
The Maharashtra Chamber of Housing Industry (MCHI) has cried foul over the State government’s decision to hike its Ready Reckoner rates that guide the stamp duty and other levies.
In view of the adverse publicity and shaken customer confidence arising out of significant delays in delivery of projects across the states, there is a strong acceptance of this matter by top management of the developers and investors alike.
One of the biggest problems afflicting the sector is its high level of debt. The debt load of 11 listed real estate companies stands at Rs.38,500 crore.