Infrastructure developments and large projects, such as industrial corridors or IT hubs, tend to augur well for the real estate market in the area. The Delhi-Mumbai industrial corridor (DMIC) announced by the government of … READ FULL STORY
Now, that the GST rates for real estate have been declared, the question on everybody’s mind is how will this impact the sector. While the real impact of the GST, will only be seen … READ FULL STORY
Real estate sectoral body CREDAI, has urged the state governments to do away with the stamp duty< on landed property to eliminate multi-point taxation after the introduction of the GST. “CREDAI welcomes the introduction … READ FULL STORY
Sunil Singh, a resident of Gurugram, continues to wait for the completion of his group housing project, where only 50 per cent of the project is complete and the authority has issued the occupancy … READ FULL STORY
The long awaited Mumbai Draft Development Plan (DP) 2014-2034, is in the final stages of approval and is likely to be implemented in 2017. Keeping in line with the national objective of ‘Housing for … READ FULL STORY
Although the Real Estate (Regulation and Development) Bill, 2016 was passed by Parliament in March 2016 and all the 92 sections of the Act come into effect from May 1, only 13 states and … READ FULL STORY
The real estate market in India, today, is faced with an oversupply of one-bedroom (1-BHK) units, popularly called as studio apartments. While some of these, are part of projects that were launched at least … READ FULL STORY
The Prime Minister’s Office (PMO), recently held meetings to discuss deliberations around undertaking projects in the PPP mode, to boost the supply of low-cost houses. This development comes in the backdrop of the thrust … READ FULL STORY
In an exclusive interview with Housing News, Boman Irani, secretary of the Confederation of Real Estate Developers’ Associations of India (CREDAI), explains that regulatory changes, such as the passing of the Real Estate Act, … READ FULL STORY
Extending support to the United Nations’ HeForShe campaign (UN solidarity movement for gender equality), the Confederation of Real Estate Developer’s Associations of India (CREDAI), on March 8, 2017, announced the launch of its first … READ FULL STORY
Addressing the realtors’ apex body CREDAI Conclave, Union Housing and Urban Poverty Alleviation Minister, M Venkaiah Naidu, on March 6, 2017, expressed concern over the skyrocketing land prices in some cities and said it … READ FULL STORY
The apex body of private real estate developers, Credai (Confederation of Real Estate Developers’ Associations of India), on February 7, 2017, said that it is expecting a revenue-neutral GST rate without any adverse impact … READ FULL STORY
Can the Indian real estate industry rely on the age-old tools and techniques to achieve Housing For All by 2022? Not really. India requires the crucial support of a skilled work force along with … READ FULL STORY
