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1.Budget Outcome for Realty not met Expectations: CW

Real estate sector was high on expectations, but not much announced in the Budget


2.Real Estate: Expectations from Budget 2020

Realty players are expecting the implementation of Alternate Investment Fund


3.Hines and Conscient award Rs 5 billion construction contract for elevate to Tata Projects

Designed by renowned Spanish architect Ricardo E Bofill, development work is underway on the premium residential project


4.AWARDS BAGGED

APM Terminals Pipavav (Gujarat Pipavav Port) has been coveted with the Gujarat State CSR Award 2019 for its ‘Cohesive and Strategic CSR Partnership’ in recognition for its project ‘Water and Natural Resources Management for Sustainable Agriculture’.


5.Commercial, affordable housing sectors to show continued strength

2018 will be recorded as a year marked by consistent volatility – on account of both international and domestic events.


6.Southern market witnesses maximum new launches

Recovering from the demonetisation effect in H12017, Chennai’s residential market has launched nearly 5,300 residential units’ showing a rise of 19 per cent from H22016.


7.Improved Ease of Doing Business – A Boost for Real Estate Funding

India has registered a historic improvement in latest ranking for doing business, released on 31 October by the World Bank. In fact, it is one of the top ten improvers for the current year assessment, thanks to the implementation of key reforms pertinent to eight out of the 10 indicators that World Bank factors in for this index.


8.Construction nods in Gujarat to be given online

Finally, the Gujarat Government has decided to provide approval of land and construction-related clearances online. The move was considered after the state government was arm-twisted by the real estate lobby ahead of the 8th Vibrant summit in January, which threatened to boycott the summit over daily harassment by government agencies in giving such-related clearances.


9.Construction nods in Gujarat to be given online

Finally, the Gujarat Government has decided to provide approval of land and construction-related clearances online. The move was considered after the state government was arm-twisted by the real estate lobby ahead of the 8th Vibrant summit in January, which threatened to boycott the summit over daily harassment by government agencies in giving such-related clearances.


10.Part 1 of series: Happy Days are here for Indian Realty!

Stagnant prices and conducive interest rate environment sets the stage for a brighter performance by Indian realty, says PANKAJ KAPOOR.


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