+
Nimish Gupta, Managing Director, RICS (South Asia)
Real Estate

Nimish Gupta, Managing Director, RICS (South Asia)

The Union Budget needs to include a fresh wave of new investment in affordable housing that would give builders a clear economic incentive to deliver the homes needed by ordinary Indians, and help create many skilled jobs in the process.

The budget should also promote greater uptake of new efficiency measures, such as the use of contract saving schemes or real estate investment trusts, which will increase the viability of housing schemes across the nation and unlock new investment opportunities.

We seek a clear and consistent implementation of the Real Estate Regulatory Authority (RERA), a body that oversees the use of construction measurement codes, valuation standards and data collection, that will help regrow market confidence after a tumultuous 12 months.

The Union Budget needs to include a fresh wave of new investment in affordable housing that would give builders a clear economic incentive to deliver the homes needed by ordinary Indians, and help create many skilled jobs in the process. The budget should also promote greater uptake of new efficiency measures, such as the use of contract saving schemes or real estate investment trusts, which will increase the viability of housing schemes across the nation and unlock new investment opportunities. We seek a clear and consistent implementation of the Real Estate Regulatory Authority (RERA), a body that oversees the use of construction measurement codes, valuation standards and data collection, that will help regrow market confidence after a tumultuous 12 months.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code