Retired judge to head inquiry into Wal-Mart lobbying
Track2Realty-Agencies: A retired judge will head an inquiry to determine whether government officials were bribed to help retail giant Wal-Mart gain access to Indian markets.
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HUPA for inclusion of affordable housing in infrastructure list
Track2Realty-Agencies: To provide cheaper houses for lower income groups, the Ministry of Housing and Urban Poverty Alleviation (HUPA) is working for the inclusion of affordable housing in the infrastructure list.
President asks private sector to come forward to meet the housing shortage
Track2Realty: President of India Pranab Mukerjee on Friday, Dec 7, urged the private sector to come forward to meet the housing shortage in the country. He was inaugurating the two day convention on Sustainable Housing For Masses organised by National Real Estate Development Council (NAREDCO).
High rise buildings need sustainability beyond architecture
Track2Realty Exclusive: The last few years have seen a complete transformation in the design of residential apartment complexes all over the country. It is virtually impossible for people to afford single storey or double storey bungalows. Land being very expensive, only a select few can have this luxury.
10-storey building built in 48 hours in Mohali
Track2Realty-Agencies: It was a promise delivered floor by floor. In just 48 hours, an entrepreneur has constructed a 10-floor building in Mohali, a suburban town in Punjab.
Green buildings are not necessarily expensive: Jennifer Layke
Track2Realty: When you look at the developing market, where the cost of construction is a huge issue and most of the realtors are mid sized developers. What are the suggestions you would like to give them so that they can adopt more and more energy efficient buildings?
Supertech signs Mary Kom to set up boxing academy
Track2Realty: Ace boxer MC Mary Kom is all set to starts a boxing academy at a housing project on the Yamuna Expressway. The academy will be the first of its kind in North India and help nurture boxing talent.
Realtors need to address the social power of Republic of India-III
Track2Realty Exclusive: The social media is a huge enabler. Even though in India its reach is hampered by three factors: Low PC numbers, lack of electricity and low literacy, it is making its presence felt. How does it affect the real estate sector? Or in other words, how its reach is different to realty vis-a-vis other sectors?
US group Portman Holdings invests in Tata Housing project
Track2Realty: Tata Housing has got an investment by Portman Holdings into its luxury housing project “The Promont” in Bengaluru. This is the first private equity funding for a Tata Housing project.
Realtors need to address the social power of Republic of India-II
Track2Realty Exclusive: The real estate, like any other business or even the government, is suddenly faced with the reality of Facebook and Twitter that have helped the buyers harness the true power of their opinion. Ignored customers now have a platform to air their grievances and take on big companies.