Disconnect in policy & practice of real estate
Track2Realty Roundtable-III Venue—India Habitat Centre Moderator—Ravi Sinha, CEO & Managing…
Search Results: supertech (100)
Land acquisition bill a result of knee jerk reaction?
Ravi Sinha: You mean to suggest the land acquisition bill has not really been deliberated upon and came as a knee jerk reaction?
Policy ambiguity in real estate
Ravi Sinha: I welcome all the panelists in this roundtable discussion. We are organizing the brain storming session for our inaugural yearly Handbook Focus 2012. This is the second of the series after the 1st discussion in Mumbai on “Funding Gap in Real Estate.”
Will high rises actually curb realty prices?
Land is scarce and the only way in urbanisation is to go up where more FSI/FAR would mean increasing the supply and bringing the price down, goes an old philosophy of the Indian developers. In reality, nearly all the high rises across the Indian cities are high-end luxury projects and seem to fulfil the aspirational needs of the Richie Rich.
Budget 2012-13: Realty reacts with some pain-some gain rhetoric
It is a highly disappointing budget. The Finance Minister has miserably failed in highlighting the importance the role of Housing in economy, employment generation, apart from the very need of housing. The announcements on ECB for affordable housing is a minor respite but still meaningless.
Realty welcomes proposed housing tax exemption but….ye dil maange more-III
CREDAI has stressed the importance of a devising a new scheme like tax holiday to generate stock under affordable housing category. It demands that all projects with tenements below 80 sq meter in Mumbai and Delhi, and 1000 sq meter in other cities, could be exempted from taxes.
Realtors take High Court judgment in their stride
The real estate developers have taken the verdict of the Allahabad High Court, which has awarded a greater compensation to farmers of Gautam Budh Nagar but has not stopped acquisition anywhere barring three villages in their stride.
Devil lies in implementation, not land acquisition bill
Rakesh Jain booked a flat in one of the projects in Noida Extension. He paid to the developer all the savings from his hard-earned money and had everything in place-due diligence done through his lawyer.
Realtors exploring alternative channel of funding
As India’s realty sector goes through a liquidity crunch with banks tightening lending norms and property sales dropping, real estate developers are turning to alternative channels of funds.
Affected Noida ext buyers invite all stakeholders to join stir
After the farmers, it seems the home buyers in Noida-Greater Noida are gearing up to take to streets.