Post RERA and GST, more Non-resident Indians (NRIs) are looking forward to investing in India as the real estate market has become more lucrative for them. NRIs are showing interest not only in commercial properties, but in residential ones too. Lower rates of residential properties and high demand for commercial spaces is a major factor […]
Nitin Agrawal from Swadesh Builders talks about how RERA is a blessing for all
Vice President of Bhopal CREDAI, Nitin Agrawal has said that the successful implementation of the RERA Act is beneficial for all sections of the society, which includes builders and promoters. According to him, the Act has an important role in providing quality accommodation on time to the needy, and this will contribute in empowering the […]
Bhopal-based builder Nitin Agrawal on GFC & RERA’s impact in business
Nitin Agrawal, MD of Swadesh Group talks about the impact of Global Financial Crisis and RERA on India’s Real Estate Market. With a number of revolutionary changes, the real estate market has undergone a major transition over the past few years. The sudden vanishing of financial credit has had a drastic effect on the infrastructural […]
Maharashtra reported to have highest realty project registrations under RERA
According to a new report from Crisil, Indian state, Maharashtra has witnessed maximum response in realty project registrations with its Real Estate Regulatory Authority (RERA). The report said that Maharashtra is one of the eleven states in India, which has notified a Real Estate Regulatory Authority (RERA) that is in line with the Centre’s Act. […]
Static real estate market in Pune, economic slowdown and caution about RERA penalty
Data from the website of Maharashtra Real Estate Regulatory Authority (MahaRera) has revealed that the real estate market of Pune is suffering from a sharp slowdown. In 2016, Maharashtra became one of the first states to notify and adopt the Real Estate Regulation and Development Act (RERA). The authority in charge of implementing this law, […]
Housing sales for major Indian cities likely to be in trouble in 2018
A recent survey in India, carried by property consultant JLL India, showed that a total of 4.4 lakh houses were unsold at the end of 2017. This survey was conducted in seven major cities of the country, which revealed that Delhi-NCR had maximum number of property hanging. The data showed that about 1,50,654 units in […]
Modi Builders walking on the anti-corruption trail set by the Indian Prime Minister
The Indian Prime Minister Narendra Modi has been taking steps towards fixing the housing sector in the country. Modi Builders of Hyderabad is following the guidelines towards making the government initiative effective. The real estate sector of India had been exploiting the consumers for years, especially the middle-class buyers. The sector is known for dealings […]
Arun Dev Builders throw light on current real estate trends in India
After going through a tough phase, the Indian real estate sector has witnessed better growth in recent times.Arun Dev Builders, one of the leading real estate builders, believe that the new trends will shape the future of Indian real estate in the coming years. Recently, a world investment report in 2016 stated that India is […]
Unsold Housing Units in India a Real Headache
The number of units left unsold is becoming a real headache for the real estate business. The current situation has a huge unsold stock of about 7 lakh units in seven major cities of India. As per the study, the total number of unsold housing units includes about 2 lakh units in the NCR region […]
RERA 16 favorable for Residential real estate: Manmohan Garg
Implementation of the Real Estate (Regulation and Development) Act, 2016 (RERA) secures great hope for a positive transition in India’s real estate sector. Delhi-based realty tycoon, Manmohan Garg Delhi, highlights that, more than 900 commercial assets (280 million sq ft) are yet to be deployed in India’s real estate investment trusts (REIT) market. As per […]