Commercial real estate is thriving, says Deepak Parekh, the chairperson of Housing Development Finance Corporation (HDFC). His statement comes at a time when India is going through a deep economic downturn and thousands of residential flats cannot attract buyers. While talking to CNBC-TV18 in an exclusive interview, Mr. Parekh portrayed a blossoming picture of India’s […]
India Ratings and Research keeps a negative outlook for residential real estate
During the year 2016-17, several policy changes by the Indian government has made both negative and positive effects on the real estate sector. As the sector continues to adapt and flourish with the new regulations, India Ratings and Research (Ind-Ra) continues to uphold a negative stance for the residential real estate for the financial year […]
Pradhan Mantri Awas Yojana is a step towards success, says Dhoot Group owner Pawan Kumar Dhoot
Under Credit Linked Subsidy Scheme of Pradhan Mantri Awas Yojana, housing loans of Rs 72.86 crore have been disbursed to 1,200 beneficiaries in 21 states, as Rajya Sabha was informed on Thursday (3 March). Pawan Kumar Dhoot, Managing Director of Dhoot Group, said, “This is expected to boost the real estate growth in the country. […]