In the last few years, India has shown tremendous progress in infrastructure. Better road, rail, and air network has made remote areas in the country accessible for everyone, enabling the real estate growth in … READ FULL STORY
With an aim to provide ease of doing business in Telangana, the state launched the Telangana State Industrial Project Approval and Self-Certification System, also known as TS-iPASS, in June 2015, for quick processing of … READ FULL STORY
The Union Budget 2021-22 offered three significant boosts to the real estate sector – extended tax benefits for the affordable housing segment, debt financing provisions for REITs and InvITs and more funds for infrastructure … READ FULL STORY
The road to recovery for India’s real estate sector must involve concerted action from all stakeholders, especially since the real estate sector is a significant contributor to India’s overall economic growth and is the … READ FULL STORY
Speaking at the 27th All India Builders’ Convention of Builders’ Association of India, vice-president M Venkaiah Naidu, on January 19, 2018, sought to assure developers that ‘The Real Estate Regulation Act is for promotion … READ FULL STORY
The Reserve Bank of India’s (RBI’s) governor, Urjit Patel, on August 2, 2017, pointed out that slow clearances are affecting affordable housing projects at the state level. “I think we need a time-bound single-window … READ FULL STORY
In some good news for developers and home buyers, the Union Urban Development Ministry has stipulated that housing approvals will be given within 60 days, via an online application process in metropolitan centres such … READ FULL STORY
The Indian real estate sector, has witnessed several ups and downs in the 69 years since independence. Despite its long journey, this industry still needs several reforms, while many challenges continue to hinder the … READ FULL STORY
The construction industry in Mumbai and Delhi, is eagerly waiting for the single-window clearance of all approvals within 30 days, to be implemented. The procedure is at the final stage of implementation, in both … READ FULL STORY
