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Revised GRAP in Delhi-NCR has brought construction activities to a stand-still

Implementation of actions under stage III of the revised Graded Response Action Plan (GRAP) of the Commission for Air Quality Management (CAQM) in Delhi-NCR has brought construction activities to a stand-still and impacted the ease of doing business and ease of living, said PHD Chamber of Commerce a..

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Senior housing sector to reach $7.7 billion by 2030

The senior housing sector in India is at a nascent stage with huge opportunities for the real estate developers, service providers, healthcare players and operators. Unlike western countries where the senior living sector has gained maturity, India has huge untapped potential in the sector.

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Here are solutions for stuck real estate projects to take off

Rajeev Talwar, Vice President, PHD Chamber of Commerce and Industry, recently appealed to the government to come out with a concept of ‘kickstart loans’ for real estate developers, especially for those whose projects are stuck up as also make a provisioning of a loan at the rate of 6 per cent fo..

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Real-Estate Sector Post Remonetisation and RERA

Under the urban component of the Pradhan Mantri Awas Yojana (PMAY), the government has thus far approved the construction of over 16 lakh affordable houses with an investment of about Rs 90,000 crore, for which central assistance of about Rs 25,000 crore has also been approved.

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Construction Resolution Board Likely to address disputes relating to defence construction work

Directorate General of Married Accommodation Project (DG MAP) has announced that it has proposed setting up of a Construction Resolution Board to address and resolve disputes relating to defence construction work between the army and their builders to avoid prolong litigations on account of which su..

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Venkaiah Naidu calls for Roundtable on Private Sector’s apathy in PMAY

The Minister of Housing and Urban Poverty Alleviation, Venkaiah Naidu, recently directed the Secretary of his Ministry to immediately convene a roundtable with all developers, banks and housing finance companies to deliberate in detail as to why no private sector participation has been enlisted unde..

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