Initiatives for slum redevelopment beyond just housing
Babulal Varma, Managing Director, Omkar Realtors & Developers There are…
Search Results: government (1442)
Real estate top violator of black money, economic intelligence informs Finance Ministry
Economic intelligence agencies have informed the Finance Ministry that a major chunk of illegal funds and black money is being generated and routed in the real estate sector of the country.
Real Estate Regulatory Bill likely in next Parliament session
Within hours of Track2Realty reporting that the much awaited Real Estate Regulatory Bill will not be tabled in the current session of parliament, the government has confirmed it by announcing that the Bill is likely to be presented in the next session of Parliament. The Bill is expected to be tabled before the Union Cabinet shortly, said Aruna Sundararajan, Joint Secretary, Union Ministry of Housing and Urban Poverty Alleviation.
Real Estate Bill not to be tabled in the current session of Parliament
The much-awaited regulatory Bill for the real estate sector will not be tabled during the current session of Parliament, a senior official in the Ministry of Housing and Urban Poverty Alleviation has confirmed to Track2Realty. The draft Real Estate Regulation Bill is still in the consultative process and the government is apprehensive that the states may block it the NCTC way.
Top priority for affordable housing, Maharashtra CM tells developers
Acknowledging the developer community’s role in the economic growth of MMR in particular and Maharashtra in general, Chief Minister Prithviraj Chavan stressed that his government accords top priority to affordable housing.
Parliamentary panel finds SEZs haven for realty prosperity
A Parliamentary panel has castigated the government for not establishing industries in almost half the SEZs set up since 2006 and giving the land to realtors, diverting fertile land of farmers.
Home loan growth falls, bank credit growth at 17%
With interest rates remaining high and real estate prices rising further, the growth in housing loans declined to 12.1 per cent in fiscal 2011-12 from 15 per cent in the previous year. The growth rate in non-food bank credit was also down at 17 per cent during the year as compared with 20.6 per cent in the previous year, the Reserve Bank of India said.
India and sustainable real estate – miles to go but getting there
The real sector has emerged as one India’s largest drivers of economic growth. As a sector, it provides large scale employment and contributes significantly to the GDP. For decades, environmentalists have been warning that frenetic human economic activity associated with the breakneck speed of economic growth is placing a huge strain on the earth and its natural resources.
Disconnect in policy & practice of real estate
Track2Realty Roundtable-III Venue—India Habitat Centre Moderator—Ravi Sinha, CEO & Managing…
Land acquisition bill a result of knee jerk reaction?
Ravi Sinha: You mean to suggest the land acquisition bill has not really been deliberated upon and came as a knee jerk reaction?