Mahindra group to foray into low-cost housing
Budget housing is fast becoming big business with more and more real estate companies trying to please the masses with pocket-friendly offerings.
Budget housing is fast becoming big business with more and more real estate companies trying to please the masses with pocket-friendly offerings.
The annual CREDAI Realty Expo organized by CREDAI kicked off on Saturday with hundreds of prospective property buyers thronging the exhibition at Palace Grounds.
Maharashtra Chamber of Housing Industry (MCHI), showcased properties from renowned builders across the Mumbai Metropolitan Region (MMR) and select Indian cities at PROPERTY 2011.
A first-of-its-kind real estate exhibition showcasing the finest properties and realty investment opportunities in Kerala is being organized in the city.
As part of its social obligations, CREDAI (Confederation of Real Estate Developers’ Association of India) is planning to train unskilled labourers from 10 select cities in the country, with the assistance of National Skilled Development Corporation (NSDC).
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.
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.
“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.
Parsvnath Developers is looking to raise up to Rs.200 crore by selling stakes in two group housing projects to private equity firms.
Central Business Districts (CBDs) are supposed to be the lifeline of the city and a mirror of the economic activity and real estate market trend.