India to face real estate and construction crisis with demand-supply gap of 44 million core professionals by 2020
RICS has released its research report ‘Real Estate and Construction Professionals in India by 2020’.
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RICS sets up South Asia Board to strengthen presence
The Royal Institution of Chartered Surveyors (RICS), which set up its India operations nearly three years ago, has now formed a new world region ‘RICS South Asia’ as it looks to strengthen its presence in the Asian subcontinent.
RBI makes real estate bank lending tough
The Reserve Bank of India has laid out strict and tedious due diligence standards for banks in sanctioning loans to the real estate sector.
RICS launches Red Book for asset valuers
The Royal Institution of Chartered Surveyors has launched the RICS Valuation Standards (the ‘Red Book’) – India edition with valuation standards of global application along with India-specific guidance.
Guidelines for banks, HFIs on property valuation in a month
The National Housing Bank (NHB) and Indian Banks’ Association (IBA) are jointly preparing the norms, standards and procedures for real estate valuation.
RICS says commercial property demand to go up in 2011
The demand for commercial property in the country is expected to remain robust in the first half of 2011, boosted by strong manufacturing activities, says a survey by RICS India Commercial Property Survey.
Factors that can defeat successful real estate investment
Various factors can negatively affect the value of one’s real estate assets. Being aware of these is an inalienable part of successful property investment.