News articles tagged Central Government

In 2024, find out more about the Vande Bharat Express

The central government's Vande Bharat Express initiative continues to expand with the inauguration of nine new train services on September 20, 2023, increasing the total operational trains to 34. These semi-high-speed trains aim to enhance connectivity and convenience for travelers across the country.

Right To Fair Compensation And Transparency In Land Acquisition

India's 2013 Land Acquisition Act aimed to ensure fair compensation and transparency but faces challenges like high costs and complexity.

Credai to shove for change in proposed real estate bill

CREDAI plans to request amendments to the Real Estate Bill from the Central Government, fearing increased housing costs and discouragement for smaller developers.

Soon to draft FDI norms for realty: Govt

The Central Government is set to relax FDI norms for the real estate sector, which includes reducing the lock-in period and minimum capitalization to attract investments and make housing more affordable.

Property Transactions Set to Go Costlier

West Bengal's new property tax proposal faces criticism from CREDAI Bengal, citing increased transaction costs and negative impacts on the real estate sector due to inflated property valuations.

‘Simplify Administrative Procedures, Introduce Reforms’-CREDAI

Mr. Lalit Jain from CREDAI advocates for reforms to boost housing construction, urging the Central Government to address delays, land costs, and taxation issues.

Need to Monitor Realty Sector

Real estate in India lacks a strong consumer movement and transparent investment guidance. The current price surge has shifted focus from need-based to profit-driven investments.

Home buyers can expect a better deal in the New Year

The real estate market in 2009 is expected to become more buyer-friendly due to property and home loan rate cuts, benefiting both borrowers and developers.

Switching To Tier II And Tier III Cities A Good Option For Real Estate

Real estate appears resilient to inflation, with experts predicting a price drop of 5-10 percent. It's considered a favorable time for property investment, especially in Tier II and III cities.

Salarpuria Plans Hotel In Rajarhat.

Salarpuria Group plans to invest Rs 1,000 crore in West Bengal by 2010, including a Novotel Hotel and two IT SEZs, with significant backing from the Central government.