Real estate Private Equity firms face liquidity issues due to demands for increased transparency from investors. This situation is seen globally, not just in India.
CREDAI urges 10,000+ members to reject bribery, combatting corruption allegations in real estate. President Lalit Kumar Jain announced an "all-out war" against corruption, advocating for administrative reforms and transparency.
CREDAI expels and witnesses the resignation of several developers over non-compliance with its transparency-focused code of conduct.
PwC stated at a conference that due to the global financial crisis, emerging markets' GDP may exceed advanced economies' sooner than anticipated, requiring real estate investors to adapt.
CREDAI introduces a new transparency system for Chhattisgarh real estate developers, focusing on clear dealings, consumer redressal, and adherence to a code of conduct.
New real estate bill aims to protect homebuyers by regulating developers, ensuring project legitimacy and transparency through mandatory registration and approvals.
Wealthy Indians are increasingly interested in land as an investment option amid volatile markets. A significant 48% of high net worth individuals (HNIs) plan to increase realty investments over the next 12 months, according to a Barclays report.
Indian real estate businesses are embracing IT solutions to automate processes, enhance transparency, and improve performance.