Housing sector faces $70bn funding gap over 5 yrs
The Confederation of Real Estate Developers’ Association of India (CREDAI) has estimated that the sector will face a funding gap to the tune of USD 70 billion over the next five years.
Search Results: real estate sector (2150)
CREDAI blames NREGA for labour shortage in realty projects
After farmers complaining about shortage of labour due to NREGA, now CREDAI says real estate projects are experiencing time and cost over runs due to shortage of labour.
NAR signs bilateral deal with CREDAI for realty transparency
The National Association of Realtors, India (NAR-India) on Saturday, July 23, signed a bilateral agreement with CREDAI to make property purchases more transparent for buyers across the country.
CapitaLand enters Indian hospitality sector
CapitaLand, one of Asia’s largest real estate firms, will spend…
Coimbatore’s golf-themed realty developer lures NRIs
Developer of a golf-themed integrated township is luring Muscat-based Non-Resident Indians (NRIs) for selling its villas and ultra-luxury plug-and-play plots in Coimbatore.
ASSOCHAM calls for planned and orderly growth of real estate industry
The Associated Chambers of Commerce and Industry of India (ASSOCHAM) has called for a strong and transparent regulator for the real estate sector for an orderly growth.
Buyers allege project delayed, realtors say not denied
Delay in real estate projects is something that invites disapproval and criticism in the collective consciousness.
Real estate bill may be tabled in Parliament
The Government is likely to introduce a bill in the monsoon session of Parliament to protect consumers’ interests against dubious operators in the real estate sector.
Bank lending to realty won’t decline
Though the Reserve Bank of India has laid out strict due diligence standards for banks for sanctioning loans to the real estate sector, industry experts believe lending to the sector will not decline.
SBI says no to funding of realty projects in disputed areas
Noida extension seems to be taking its toll. India’s largest home loan provider State Bank of India (SBI) said on Friday, July 8, it will not finance real estate projects which are mired in disputes over acquisition of land.