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.
The Confederation of Real Estate Developers’ Association of India, the apex body of private real estate developers, said Wednesday that it would make the code of conduct mandatory for all its members.
Maharashtra Chamber of Housing Industry has announced ‘Property 2011’ their 18th Real Estate and Housing Finance Exhibition to be held to be held in Mumbai from April 14-17, 2011.
Mall management is a huge movement in more developed and matured markets, especially where the mall culture has evolved significantly.
The Gujarat Government is determined to back its new jantri rates – or government assessment of the value of properties which have come into effect from April 1. There rates have been increased from 2.5 to eight times across the state.