
US$1 trillion to enter global real estate markets in 2016
Bottom Line: The global investor survey conducted among CBRE clients…
Bottom Line: The global investor survey conducted among CBRE clients…
Rajya Sabha passes the bill, which will bring in much…
Women’s presence in Indian real estate is no longer all…
Minister promises Real Estate Bill will be regulation and not…
The Union Budget for 2016-17 has overall been a good…
The move comes days after Rahul Gandhi assured homebuyers that…
Finance Ministry officials maintain that budget wish list of developers…
2015 proved to be a good year for key Indian metros as inflows into real estate by private equity (PE) funds was at a record high. The total investment that the sector got was approximately INR 19,500 crore.
Developers have their own expectations, because positive announcements for real estate buyers made during the budget will help increase the market sentiment, and therefore sales. The general hope is that the budget will provide cheer to intending homebuyers who have been deterred for various reasons.
Several amendments to the Real Estate (Regulation and Development) Bill, 2015, suggested by the select committee of Rajya Sabha, have now been accepted by the Union Cabinet. This is a major step towards introducing the amended bill in the Rajya Sabha. The bill will bring in much-needed transparency and accountability in the real estate sector.