The Government will make public the draft Real Estate Regulation and Development Bill, 2011 for comments from stakeholders this week and may subsequently introduce it in the forthcoming winter session of Parliament.
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Union minister for housing and urban poverty alleviation Kumari Selja has said that the Centre is expected to bring the real estate regulator bill in the winter session.
The management skills of Mumbai’s dabbawalas (tiffin carriers) will be in focus at the Global Initiative for Restructuring Environment and Management (GIREM) conference to be held in Goa between September 29 and October 1.
DLF is planning to move the Competition Appellate Tribunal by early next week, to appeal against the Competition Commission of India’s (CCI) order imposing Rs.630-crore penalty on the firm.
The Association of Builders and Developers of Thrissur (ABD) will merge with the Confederation of Real Estate Developers’ Associations of India (CREDAI), the apex body for private real estate developers in India.
Real Estate may boast off to be the second largest economic activity and the largest employment provider in the economy, but when it comes to have a say in the policy making, they are found to be sulking.
Nearly all the real estate developers, a whopping 96 per cent, across the country are cribbing for the sectors’ continued under representation in the Union Budget over the years.
Abu Dhabi is hosting a new India property show that will bring over 100 projects from across India for the Capital-based Non-Resident Indians (NRIs), according to its organiser Future Exhibitions and Promotions (FEP). The inaugural ‘India Property 2011’ is scheduled to be held from today, February 11-12, 2011 in Abu Dhabi that will showcase affordable and hi-end luxury properties with competitive prices in the market starting from Rs1 million to Rs10 million.
It seems the revival in the realty market has once again started attracting big ticket investments in the sector and even the corporate in the allied business want to reap the benefits. Nitco Ltd, known for flooring and interior aesthetics solutions provider, has now marked its foray in the real estate sector with the inauguration of its first commercial project- Nitco Biz Park.