Search Results: housing sector (1118)

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Union Housing Minister sets developers’ tone on FSI issue in Mumbai-II

Track2Realty Exclusive: Manoj John, VP, Corporate Planning & Strategy, RNA Corps maintains there is a correlation between cost of FSI and the nature of development that is viable given the high cost of land with limited development potential. If more can be built on the same land, the cost of land attributable to the project, which is as high has 50 to 80 per cent of project cost would come down. Hence, it would be viable for the developer to build residential projects at lower cost and hence make it more affordable.

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Realty welcomes infra status; market dynamics defy mass housing

Track2Realty: The real estate sector has welcomed the Union Housing Minister Ajay Maken’s move to accord infrastructure status to affordable housing on expected lines. The industry body CREDAI has nevertheless called for extending similar treatment to the entire housing sector again on expected lines. However, the market dynamics defy any dreams of mass housing or cheap housing even for the economically weaker sections.

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Realty hopes RBI rate cut to boost housing demand

Track2Realty-Agencies: Real estate industry and property consultants today hailed the RBI’s decision to cut key policy rates, saying that it is a positive step that would boost housing demand and encourage foreign investment in the sector.

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RICS and CREDAI join hands to promote professional skills in sector

Track2Realty: RICS and CREDAI have joined hands to promote professional skills in real estate and construction. At the 12th National Convention of CREDAI at Barcelona, a joint initiative called “RICS-CREDAI Skills Development Initiative” was announced to address the education and training needs of professionals engaged in the real estate and construction sector in the country.

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