The real estate fraternity has expressed disappointment over the RBI’s decision.
The agreement includes a commitment of $150 million in the NIIF Master Fund and co-investment rights of up to $450 million in future opportunities.
Infrastructure and real-estate’s contribution to India’s GDP is the highest at 29.5 per cent, says Pradyumna Mishra.
Quinta Del Mariano, a new holiday home project, has been introduced by real estate developer Bennet and Bernard, in Assagao, North Goa.
The infrastructure and real-estate sectors’ contribution to India’s GDP is the highest at 29.5 per cent, compared to 22.6 per cent for the US and 17.6 per cent for China, says PK MISHRA.
63 per cent in commercial real estate
Gera Developments – Pune-based residential and commercial developers – has unveiled India’s first seven-year warranty in the real estate sector.
The government recently announced its decision to set up a Rs.250 billion alternative investment fund (AIF) to bring relief for developers and give the sector a boost.
Ninety-Five-per-cent of existing factory electricity requirement is alreadybeing met through renewable energy
India is the second largest producer of cement in the world. The housing and real estate sector is the biggest demand driver of cement, accounting for about 65 per cent of the total consumption in India.
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