The affordable housing segment is clearly on an uptrend. Growth in supply has been estimated to be 15 per cent in terms of launches in the last three months, as compared with the previous quarter.
Modern architecture, uses industrially-produced materials (such as steel and concrete) that possess a low thermal resistance and require high energy intensity, thereby causing a considerable impact on the environment due to substantial energy consumption.
Hasmukh Adhia said, "In GST, we will have to bring an e-way bill as well as the matching of invoices, which is the final thing which will help us in GST."
DEA Secretary Subhash Chandra Garg said the average fiscal deficit between 2009 and 2014 was 5.5 per cent and the government has brought it down sharply to 3.5 per cent of GDP this year.
Singapore is ever-greening itself. From being a city of gardens, it now aspires to be a “city in the garden”, from streetscape and skyrise greenery to parks within 400 metres of most homes.
The accelerated urbanisation and rampant migration of working population from different states have created a tremendous need for affordable housing in NCR — and the requirement keeps growing.
The Centre has appointed a panel to develop framework for a comprehensive national policy for the first time, to focus on areas such as inclusive growth, infra finance system and robust urban information system.
Residential Market: 2,18,500 units sold last year in nine cities — Gurgaon, Noida, Mumbai, Bengaluru, Chennai, Kolkata, Pune, Hyderabad and Ahmedabad — against 2,63,500 units in 2016.
Uttar Pradesh, Tamil Nadu, Madhya Pradesh, Maharashtra and Gujarat are the biggest beneficiaries in terms of funds allocated for schemes such as Swachh Bharat Mission, Smart Cities Mission and PMAY (Urban)
Housing demand in the area is driven by techies working in nearby areas and its growth has also benefitted from saturation of the city’s core areas
‘An area which houses middle-class families will attract lot of unorganised retail outlets, while luxury destinations mostly juxtapose with high-end retail’
8 per cent to 52 per cent decline range recorded in launches in the 8 cities, mainly on account of implementation of real estate regulatory law RERA under which all ongoing and new projects have to be registered with the authority.
In the medium term, effective implementation of RERA could help infuse transparency and improve buyer confidence; next few quarters expected to witness launches in the affordable housing category
As part of preventing frauds in the name of PMAY(U), the housing ministry has issued public notices and also posted a disclaimer on its website intimating public that the govt has not authorised any developer to collect money
Impact on real estate Technology has transformed many aspects of our lives – from how we communicate, to how we buy things and the way we work.
The National Housing Bank Housing Price Index tracks the movement in prices of residential properties on a quarterly basis, taking FY13 as the base year.
After the initial hiccups in 2017 due to the impact of demonetisation, GST and RERA, the realty sector is likely to witness recovery next year, and the growth will be sustainable backed by stronger market fundamentals than ever before
With the vast area under coverage, presence of well-established services, manufacturing and automobile sectors, there is no dearth of employment opportunities in and around NCR.
Demonetisation’s impact started to taper off slightly, while real estate investment trusts (REITs) did not take off this year as expected
Germany has entered into a pact with India to develop an integrated sustainable transport system for three cities — Bhubaneswar, Coimbatore and Kochi
Locations between Andheri and Dahisar have been active on the real estate and infrastructure fronts of late.
Lack of available space in malls in metros, increasing lease rentals and high land prices in Tier I cities have made it difficult for retailers to own real estate in such destinations, thus becoming a deterrent for expansion
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.