India’s ranking for Dealing with Construction Permits has improved from 185 to 181, for Resolving Insolvency the improvement has been from 136 to 103, and for Paying Taxes from 172 to 119
"The main problem in the north India is the PM2.5 particulate matter as they are very small and can cause serious health problems. We need to identify the sources of PM2.5 particulate matter," RC Bhargava said
From a wider array of choices for home buyers to faster clearance of inventory, the government’s move to increase the carpet area of MIG flats eligible for subsidy under the CLS scheme, according to experts, is likely to benefit both buyers and developers
Demonetisation has brought significant disruptions into the economy — and particularly the real estate sector.
Strengthening public transport such as Metro rail, promoting electric vehicles, strict monitoring of construction and finding ways to use crop stubble rather than burning are some of the measures that can be taken to curb Delhi-NCR pollution that has increased to alarming levels
On the back of rising demand for low-budget housing, builders are now shifting their focus to this segment by assuring quality, timely delivery and features such as free maintenance for 5 years.
With an aim to create a portfolio of assets as the Indian market expands, some leading global PE funds have started investing in retail sector.
The Supreme Court passed a judgment on August 2, 2017, wherein it directed the Central government to revisit the National Mineral Policy, 2008, and announce a “fresh and more effective, meaningful and implementable policy” before the end of this year
The current capacity of Indian airports is 282 million passengers per annum, whereas the demand forecast for 2020-21 is 396 million passengers a year. The Airports Authority of India has written to West Bengal and Tamil Nadu for second airports in Kolkata and Chennai to handle the increasing number of air travellers
On directives from chief minister Devendra Fadnavis, the state government and BMC are also conducting a pilot project on Mumbai’s nightlife.
On October 10, a principal bench of the NGT passed an interim order directing the Noida Authority to not dump waste in a vacant industrial plot at Sector 138A.
RBI data shows that in the nine months between December 2016 and August 2017, bank credit to the sector grew by more than 15% only in March 2017 and was below 15% in other 8 months, hitting a low of 10.5% in July 2017
With easy data availability, firms will now be able to crack the code by analysing data for business decisions. The analysis and interpretation of this data will become the sub.
The problems with the Elphinstone Road station and the adjoining Parel station are well known for more than a decade; being commercial hubs, they power the country’s GDP.
Region-wise analysis of the data shows that the highest number of units registered are in Thane Municipal Corporation and Thane District (59,516 units registered).
The Centre’s decision to extend interest subsidy for MIG beneficiaries by 15 months coupled with the announcement of a new public-private partnership policy in affordable housing will yield intended results if the implementation of PMAY goes well, say experts
Amending rules related to acquisition, utilising surplus land of sick PSUs for affordable housing and relaxing FSI are some of the suggestions made by the govt think-tank to push development across the country
By combining the strengths of private players with those of the public sector, the challenges of providing affordable housing can be overcome.
Sees 8% hike in office rents in second quarter of 2017 as against the city’s average of just 0.5% y-o-y
Tier-II cities are expected to account for 45% of the country’s total room additions in the branded category by 2021
The age of construction is one of the most crucial factors related to a building stability. With the time, building materials get deteriorated.
With the new Andhra Pradesh capital being developed with nine theme cities, Knowledge and Health regions are especially getting traction where university campuses and healthcare facilities have either been set up or are being constructed
Investments in Indian realty at $1,990 million first half of the current year; residential accounted for 54% ($1,075 million) of total investments
Urban local bodies can use value capture financing as an infra funding tool by tapping the appreciation in land value resulting from such projects
The committee has recommended that the housing and urban poverty alleviation ministry should strictly instruct states to either amend their rules or re-notify them in line with the letter and spirit of the Act.
The CBD has shown decline in rents in recent years in Mumbai and corporates have shown consistent preference for the SBDs, especially BKC
Total office stock in the country is expected to reach about 600 mn sq ft by end-2019, from 480 mn sq ft in the first quarter of 2017
Providing loans to 25,410 persons by March 2020 under the self-employment programme, ensuring 110 shelters under NULM are also among the suggestions made by the Aayog to the state govt
To reach over 1 mn sq ft of leased alternative work spaces by the end of this year; $400-million investments expected by 2018 in the segment.
Chief executive officer of the Noida Authority, Amit Mohan Prasad, said that the city would soon have a processing plan for construction waste.
Local authority scouting for a location to set up the hub that would also cater to the demands of adjoining states.
AMIT MOHAN PRASAD, senior bureaucrat and chief executive officer of the Noida Authority, told Indian Express that the Authority has roped in banks, consultants and has also facilitated project settlement policy to help break the logjam and address the concerns of homebuyers.
Major markets, except Bengaluru, are seeing low supply of grade-A stock; lack of precinct-level infra is also keeping occupiers away from central business districts
The genesis of the Niti Aayog studying the possibility of allowing private cars to operate as carpools comes from the rising problem of traffic and congestion in urban centres of the country. In the national capital alone, Delhi Police has identified 55 areas prone to congestion or traffic jam.
While the shortage of liquidity after demonetisation has driven out the investor-led demand, decline in interest rates are encouraging end users to buy a house, say experts
A REIT is an investment tool that owns and operates real estate assets and even allows individual investors to invest in and earn income through partial/equity-level ownership of commercial real estate without actually having to buy those assets.