The ancient Chinese curse, 'May you live in interesting times,' certainly has a lot of pertinence to the Indian real estate today. These are doubtlessly the interesting times for the sector, which has transformed significantly over the last decade.
Tag: Real estate
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Housing for All to attract USD 1.3 trillion into residential by 2025
In order to fulfill the various schemes by the government, India needs investments up to USD 4 trillion over the next 5-6 years.
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Infra push to see cement demand improve to 5percent in FY18, says ICRA
An expected revival in the infra space may help cement demand to grow to around 4 to 5 per cent in the next fiscal, according to ratings agency ICRA.
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Mumbai’s top real estate leaders meet for REMI’s owner-developer program
One of IndiaÂ’s leading real estate educational institutes, the Real Estate Management Institute (REMI), has launched its Owner Developer Program (ODP). The ODP anticipated the journey ahead and offered participants a view of what to expect, how to respond and what to know in this domain, to capitalise on the oppurtunities.
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Gayatri Projects signs new irrigation order
Gayatri Projects has secured an irrigation contract worth Rs 1,363 crore from the Executive Engineer, Karnataka Neeravari Nigama Limited.
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Centre cautions Chief Ministers on Real Estate Act timelines
With buyers entitled to seek relief under the Real Estate (Regulation & Development) Act, 2016 with effect from the first of May this year, the Central government has cautioned the states of a “serious situation of vacuum arising” if necessary institutional mechanisms, as required under the Act, were not put in place before that.
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Ashwin Vasista, Associate, Singhania and Co
The introduction of the Goods and Services Tax (GST) is in itself a path-breaking fiscal reform. Corporate tax and other indirect taxes may be revamped keeping in view GST requirement.
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Housing.Com ties up with Tata Housing for platform
Realty portal Housing.Com has tied up with real estate major Tata Housing to create a digital marketing platform for the sale of existing inventories and launch of new projects.
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Weathering the cash disruption
There is never a dull moment in real estate. 2016 began promisingly in comparison to 2015; however, as things stand, the year isn´t expected to end on a healthy note. A major factor for this could be attributed to the policy developments by the government, which in the short term have led to an unpredictable disruption, but in the long run are projected to augur well for the industry as a whole.
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The Buck Cannot Stop Here
Reams and reams have been written on the demonetisation drive being conducted by the government, but industry watchers seem to be confused on the intention of the Centre for launching such a massive exercise, and the possible consequences on the Indian economy because of this apocalyptic scheme.