Mr. Lalit Jain from CREDAI advocates for reforms to boost housing construction, urging the Central Government to address delays, land costs, and taxation issues.
Real estate developers clash with Maharashtra government over mandatory 20% EWS housing reservation in new projects.
CREDAI president Lalit Kumar Jain highlights Bihar's efficient real estate approvals, contrasting it with Maharashtra's slower system. He discusses challenges like approval delays and the 20% EWS reservation policy.
Bangalore’s real estate sector is set to grow by 25% in the coming year, according to CREDAI Karnataka. Commercial office space demand is rising, while residential sales are slow.
The recent budget allows external borrowing for low-cost housing, improving funding availability, but still falls short of the real estate sector's wider expectations.
Government initiatives, including ECBs for low-cost housing and interest subventions, are poised to boost affordable housing in Mumbai's outskirts, enhancing long-term price stability.
India's finance minister relaxes borrowing norms for real estate firms and extends loan subsidy for affordable housing, but industry leaders deem it insufficient.
Gurgaon's residential market sees a rise in property values amid slow project execution and supply shortages, yet investment sentiment remains strong due to improved job prospects.
Budget 2012-13 proposes external commercial borrowing for affordable housing, a Credit Guarantee Trust Fund, and increased Rural Housing Fund provisions. Real estate players express disappointment, citing increased costs from the cement industry tax and service tax hike.
Real estate experts anticipate rising costs for home purchases and construction due to increased material prices and a 2% service tax hike, impacting buyers and developers alike.
Realty leaders express disappointment over budget allocations for housing, calling for stronger support for affordable housing initiatives.
India's housing sector's GDP contribution is projected to rise from 5% to 6% due to increased investment, but the 2012-13 Budget lacks substantial support for the real estate industry's growth.
The real estate sector anticipates favorable changes in the Union Budget 2012-13, including increased loan subsidies for affordable housing and enhanced FDI regulations.
Union Budget 2012 expected to provide policy reforms for the real estate sector, with calls for industry status and affordable housing measures.
Chennai Realtors Seek Enhanced Tax Exemption to Boost Real Estate Market
Real estate developers anticipate Union Budget 2012 to bring pragmatic provisions, including increased infrastructure funds for housing and removal of service tax on residential construction.
India's real estate industry hopeful for relief in Budget 2012, seeking industry status, tax revisions, and affordable housing incentives.
The state government will implement its affordable housing policy on April 15, requiring builders to reserve 20% of land for small-sized housing, despite some reservations.
Many potential buyers are hesitant to invest in under-construction homes due to concerns about builders' reliability, despite lower prices and customization options.
Acron Infra Project is constructing a 2,800-apartment residential complex in Pune, focusing on affordability and eco-friendliness. The project, costing INR 800 crore, will be developed in six phases and offer modern amenities.
Builders Association of India advises Maharashtra government to let MHADA, MMRDA, and CIDCO handle SRA scheme redevelopment
Rajiv Gandhi Realty Excellence Awards 2010 honors top developers for affordable housing
Realtors shift focus to luxury housing due to increasing demand, with major developers planning high-value projects across Indian cities.
Affordable housing concept emerged as a ray of hope in India's residential realty market after economic recession, aiding its early recovery.
Noida Extension: Emerging Hub with Prime Location, Connectivity, and Affordable Housing