
The need for better regulation in Indian real estate
The organized segment of Indian real estate is only about two decades old. It could be seen as understandable that true governance is too much to ask at this early point.
The organized segment of Indian real estate is only about two decades old. It could be seen as understandable that true governance is too much to ask at this early point.
The Kerala Government has proposed to constitute a real estate regulatory authority to monitor and guide builders and developers in the State.
The repo rate hike by the Reserve Bank of India (RBI) by 25 bps seems to have spoiled the festive spirit of the real estate sector.
Jones Lang LaSalle has announced plans to enter the real estate market in Sri Lanka.
The Indian real estate market has matured to the extent that it is seen as the best investment instrument, leaving behind gold and other traditional investment options.
While the real estate carries home the point that the very nature of business has gone for a change with second generation taking over the business, professionals driving the show and efforts for an overall image makeover.
The Competition Commission of India (CCI) penalty of Rs.630 crore on DLF has raked up the old debate in the sector as to whether the business falls under the service sector.
Global consultancy firm McKinsey has recommended moving Indian household savings in physical assets like gold and real estate to financial assets to increase the flow of financial savings to domestic equity markets.
Unveiling a plethora of major investment opportunities for non-resident Indians in the Sultanate, a two-day Investment Exhibition India 2011will take place on September 9 and 10 here.
Both the economy and the residential property sector are currently in a state of uncertainty. This has resulted in a rather prolonged period of vacillation and hesitancy among home buyers in India.