Gujarat realtors withdraw stir as Govt cuts jantri by 50 per cent
Real estate developers across Gujarat have withdrawn stir as the government decided to give a 50% relief on increased jantri rates.
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Realtors, Congress claim credit for jantri rollback
The rollback on jantri rates has been welcomed by land developers and builders as well as the Opposition Congress, which claimed the government had given in to public sentiment.
Siemens in talks with Nitesh, Hiranandani for land sell
Siemens is now in talks with developers Hiranandani Upscale and Nitesh Estates after its proposed sale of an eight-acre factory land in Bangalore to RMZ Corp missed deadline, said sources close to the development.
CREDAI enforces mandatory carpet area defining
Confederation of Real Estate Developers’ Association of India (CREDAI) on Wednesday said it has made mandatory for all members of the association to mention carpet area in their brochures and sale agreement, aiming to bring in transparency in the sector.
Gujarat realtors to continue protest on Jantri; round 2 discussions on April 14
Real Estate developers in Gujarat are unanimous to protest against the revised jantri rates. Even after their talks with the Government on Monday they have announced that they will continue their protest by not executing any sale deeds till May 5.
Aanya Real Estate and Luxora Realty coming up with green initiative in Nagpur
Aanya Real Estate and Luxora Realty jointly are coming up with a green initiative in Nagpur, there are row houses, sky villas, cottages, Olympics sports training center, Schools, Hospitals, Praying Center, thus creating a lifestyle living environment in Nagpur and attracting consumers across India.
Realtors beeline for overseas projects
While the real estate market in India is far from satisfactory, a section of real estate developers are exploring opportunities in neighboring nations including Sri Lanka and Bangladesh as the governments, seeking to boost economic growth, are providing incentives to develop infrastructure.
Malls turning out to be reason of worry for realtors
Unsold, vacant, no takers…these words aptly sum up the story for real estate developers into malls in India. Even though retailers are spreading their wings once again after the slowdown, the absorption of malls remains sluggish, leading to high vacancies.
Oberoi Realty campaign takes a lateral communication route
While real-estate and property advertising in India has been mostly lacklustre, a new campaign by Mumbai-based realty developer Oberoi Realty has broken the mould.
CREDAI blames taxes & delays as hurdles in affordable housing
“Reduction in taxes and flexibility in approval process will provide affordable homes to the masses. If these two elements are addressed by the government, selling price of the homes will be reduced by at least 33%,” said Lalit Kumar Jain, President of CREDAI.