News articles tagged Housing Industry

Fresh policy set to lift cluster redevelopment in Mumbai

Mumbai's redevelopment policy undergoes changes, offering more profits to developers and residents. Larger clusters mean bigger flats and easier negotiations.

RBI Slightly Cut Rates, Developers Seek More

The Reserve Bank of India cut the repo rate by 0.25%, a move welcomed by realtors but deemed insufficient by some developers who believe a larger cut is needed to significantly impact the real estate sector.

BMC Increases Water-Supply: Construction May Get Boost

BMC increases Mumbai's daily water supply from 90 to 135 liters per person starting October 1st, offering relief to residents and potentially boosting the housing industry.

Affordable Housing Policy for All

India to unveil new affordable housing policy within two months, aiming to boost the weakening real estate sector with incentivized development and streamlined approvals.

Mumbai Builders Drop the Plan of Strike

Mumbai builders cancel their planned strike after negotiations with the Chief Minister regarding delayed project approvals and the establishment of a housing regulator.

Growth of Indian Housing Sector

India's real estate market is booming, attracting domestic and international investors, particularly NRIs. Growth in affordable and luxury housing is expected, driven by demand from low-income groups, MNC expats, and NRIs.

MCHI Showcasing in Indian Realty Expo 2010

MCHI is hosting the 13th India Realty Expo in Dubai from June 3rd-5th, 2010, to showcase Indian real estate opportunities to NRIs, featuring properties in cities like Mumbai, Pune, Goa, and Bangalore.