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1.The VTS Group, celebrating its 30th anniversary in 2019, has presented a new website

The VTS Group, celebrating its 30th anniversary in 2019, has presented a new website. VTS, which owns the brand of the most innovative and dynamic company in the HVAC sector, gains a new tool for modern, efficient and intuitive communication. The launch of the new website, which took place in December 2019, is the culmination of the rebranding process that has been taking place in the group in recent years.


2.Code of Conduct: Homebuyers Find a Place in IBC

Together, the Insolvency and Bankruptcy Code and the Real-Estate Act 2016 will bring positive change to the interaction between home buyers and developers.


3.Approval of building maps in Uttar Pradesh to be processed online in 30 days

In a bid to create efficiency and transparency, the Uttar Pradesh Government has instructed development authorities to make sure that all applications for approval of building maps are processed within 30 days of receipt.


4.The decision to move ahead with innovative marketing campaigns proved to be a major contributor

Emami Realty, the real-estate arm of Emami Group, was incorporated in 2006 to undertake real-estate projects in the residential, commercial and retail sectors.


5.Is RERA focusing on quality of buildings?

Recent circular made it mandatory for engineers to submit quarterly review


6.GST rate cut to impact demand, improve transparency in real estate

The GST Council’s decision to reduce the GST rates for under-construction residential housing projects will lead to marginal traction in demand and bring in more transparency for home buyers, according to India Ratings and Research (Ind-Ra).


7.Technology, big data trending in construction

Cause inefficient collaboration between stakeholders often leads losses


8.Highest institutional investment at $5.5 bn

Institutional investments in Indian realy highest at $5.5 billion in 2018


9. Irfan Razack, CMD, Prestige Group, on the year that was for Indian realty and looking ahead

The real estate market has proved to be resilient in 2018. Despite witnessing several major policy changes with the implementation of RERA and GST, we have still managed to do well as an industry.


10.Akshaya builds 'Levelup' – an uber luxury residential project

“With the implementation of RERA round the corner, the fiscal 2017-18 would witness the maximum gains,” says T Chitty Babu, Chairman & CEO, Akshaya Homes.


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