Industry experts Pranay Vakil and Pankaj Kapoor discussed real estate trends, issues, and consequences at Moneylife Foundation's event on May 5. They highlighted the need for rental housing, infrastructure, and regulation.
India may ease foreign investment rules for hotel construction to address room shortages before the 2010 Commonwealth Games. This includes reducing minimum development area requirements and waiving lock-in periods and minimum investment criteria.
ICICI Bank downplays real estate bubble fears despite rising interest rates and property prices impacting sector growth. The bank expects a market correction.