The sentiment on Indian real estate among both domestic and international investors has improved in recent times following the election of a new government and upturn in consumer demand, says the Emerging Trends in Real Estate® Asia Pacific 2015
Proposed to protect the consumers from fraud and cheating by builders; will RERA ever see the light of the day or will it grant way for malpractices?
A recently introduced legislation for the real estate sector offers hope of greater accountability, transparency and fair practice on the part of developers misleading consumers on the concept of super area, says SAARTHI BHATIA.
To protect the interest of buyers of real estate by promoting ethical real estate transactions and timely execution of projects, a real estate bill was drafted in 2009.
In the previous nine-month Budget, the new government outlined its vision for boosting affordable housing. From the upcoming 12-month budget, the Indian real estate sector looks forward to provisions that firm this vision up on the ground.
According to a World Bank report titled Dealing with Construction Permits, India is languishing at the 183rd position in this parameter, rubbing shoulders with the likes of Afghanistan (185).
Udaan 2015-16, recently organised by Aditya College of Architecture and Aditya College of Design Studies, in Mumbai, inspires Indian architectural educational for academic excellence.
India is primarily an end-user market for the real estate sector. Although demand remains largely consistent, property sales volumes fluctuate on the basis of market influencers such as project pricing, end-user affordability, and macro-economic dynamics.
German Engineering Federation (VDMA) recently hosted the ´ECA Financing in India: Financing solutions for leveraging business opportunities´ in Mumbai. Gangavaram Port celebrates World Environment Day by initiating a massive green belt development programme to create awareness
Sobha Ltd organised first-of-its-kind real estate conclave, centered around the theme—Agents of Change. The conclave highlighted forward-looking trends in the real estate industry, with an emphasis on Bengaluru market. It also deliberated on the latest technological advancements as well as other topical reforms such as RERA.
