Real Estate Indirectly Supports Illegal Sand Mining in Noida

Sand being one of the essential elements which determine the overall cost of production is illegally mined at higher level. Real estate constructions in Noida now depend highly on this illegal sand mining .

Illegal Sand Mining in India

Illegal Sand Mining in India causes environment troubles.

High pace developments taking place in the real estate industry causes high level land looting and illegal sand mining in Noida. Illegally mined sand is carried on to the construction sites on tractors. This has become a very common sight these days in Noida and Noida Extension.    Continue reading

Energy-Efficient Real Estate Turns the Need of the Hour

Real estate sector need to concentrate on energy efficient building constructions. Studies prove that India will benefit billions by proper real estate constructions.

power shortage alarms in India

Power Shortage alarms India

Real estate builders are wholly engaged in shaping out new cities with their commercial and residential constructions. Sky reaching buildings have become very common. This development of  real estate  is considered as a boon as it will solve the growing housing demand to an extent. Continue reading

Real Estate Witnesses Stable Office Space Demand in Pune

Real estate witnesses stable office space demand in Pune. Most of the city- areas remained stable while some other areas showed slight rise in office space demand.

office space demand

Stable office space demand.

Demand for office space remains almost stable in Pune, reports real estate experts of India. Comparatively larger share of office space is    demanded by IT and ITES, (information technology and other information technology enabled services ), the real estate experts added further.

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Real Estate Builders Express Discontent over RBI Policy

Real estate builders expressed their discontent over the RBI’s decision to keep key policy rate unchanged. RBI seems not worried and unaffected as the central bank said expressed this as the right time to do so.

rbi decides to keep key policy rate

rbi decides to keep key policy rate

The Central bank of India said that it was the right time to lower the borrowing cost for real estate developers as well as home buyers.

Real estate apex body CREDAI has strongly expressed their disappointment over the RBI decision. CREDAI President Lalit Kumar Jain condemned the decision as entirely negative approach towards real estate. Continue reading

Festival Season Gives New Hope to Real Estate Builders

Mumbai real estate builders expressed their hope of getting a festive turnaround. Real estate Property exhibition held at Mumbai had really showered some rays of hope to the developers.

Own your home during this festive season for real estate

Own your home during this festive season for real estate

Festive season is always considered as the most suitable time for residential purchasing. Real estate Property exhibition held at Bandra-Kurla Complex concluded on Sunday. Continue reading

How to Invest/ Purchase Wisely on Resale Property?

How can you make a successful purchase of resale property? Do you purchase resale property as an option of investment? These tips will help you invest/ purchase wisely on resale property.
Useful Tips for Resale Property Purchase

Useful Tips for Resale Property Purchase

Your decision to purchase resale property must be supported by your purpose of purchase. Your purchasing purpose is of greater priority and importance.

Probably when you consider purchasing a property to settle down, then you have to consider the proximity to office site, close educational institutions needed for your children’s education, and so on. The area’s growth is not as mattered highly as your convenience is. Continue reading

HC Orders MH Real Estate Builders To Pay 5% VAT

Maharashtra High Court ordered the real estate builders to pay 5% VAT by 31 of Oct. This order solely binds builders to pay the tax but they are found forcing the buyers to pay the tax.

VAT Troubles Real Estate Builders

VAT Troubles Real Estate Builders

Real estate Builders remain unable to claim their tax provisions due to less transparency and poor records. The developers are still expected to pay the entire amount. Continue reading

CREDAI Demands Speedy Eco Clearance Certificates

CREDAI pointed out that the real estate builders will be able to meet the rising demand only if the Ministry of Environment caters faster clearance.

Environment Clearance

“Environment Clearance Need to Be Faster” Says CREDAI.

CREDAI, the apex body of real estate developers demanded the government to speed up the eco clearance. The Confederation of Real Estate Developers Association of India requested the government to avoid “antiquated laws” in favor of urban development and housing.

CREDAI strongly supported a pragmatic and practical approach to meet the severe housing shortage. The apex body of the developers recommended all government departments and especially the Ministry of Environment. Continue reading

Liquidity Issues Upset Real Estate Private Equity

Real estate Private Equity (PE) firms are again troubled by Liquidity issues. This is mainly due to the over transparency demands from the investors.

Real Estate Private Equity

Upset.Real Estate Private Equity

Global Market Outlook reports that stiff natured liquidity causes greater troubles to the real estate PE firms. Stiff liquidity forces the PE firms to quit the real estate. Private Equity fund managers say that this situation is created by the higher transparency demand by the investors. Continue reading

Kejiriwal Sets Up IAC to Lead an Anti-Corruption Crusade

Kejiriwal set up India against Corruption (IAC) his political party on 2nd October this year. The launch of new political party by Arvind Kejiriwal depicts his entry into the politics.

Kejiriwal:one man crusader

Kejiriwal:one man crusader

Mr. Arvind Kejiriwal has a place in the minds of the people as staunch crusader against corruption. To set a political party for himself is seen as a fair movement from his side. He was knocking down many powerful politicians in the name of corruption. Continue reading

Real Estate Developers Alleged Of Grabbing Farmers’ Land

Gurgaon farmers alleged that the real estate developers grabbed their land with the consent of the Authority.

farmers' cry against real estate exploitation

farmers’ cry against real estate exploitation

Industrial model township projects by the govt. in collaboration with the real estate developers turn out to be means for robbing the poor farmers. Chaudhary Devi Lal Industrial Model Township is an example. Continue reading

Union Govt Decision to Allow More Retail FDI attracts Mixed Reaction

FDI In Retail

India welcomes more retail FDI

The central government’s decision to allow 51 % of retail FDI was received with a mixed feeling. Some opined that this will create unemployment. Yet this decision was welcomed by a group of real estate developers in Odisha. Continue reading

Real Estate Scam Swirls Around Gadkari & Purti Group

Gadkari and his Purti Group is alleged to loot the farmers’ land. BJP president has been accused by Kejiriwal who said he has evidences to prove his allegations.

Purti Under Real estate scam

Gadkari and Purti Stumbles on Real estate scam.

Real estate scam allegations have been shaking the politics for a quite good while. Politicians find it hard to deal with Arvind Kejriwal and his political party India against Corruption (IAC).  Continue reading

Falling Demand Forces Real Estate to Bid Small Offices

Mumbai Real estate firms sell out their small office space due to lower demand. Corporates and financial institutions do not raise any demand for office space.

lower real estate demand

REAL bElow STATE  of demand

Real estate firms are forced to sell smaller offices by dipping demand. Some of the prominent property developers like Wadhwa Group, Hubtown, Lodha Developers, Kanakia, etc. have started selling of their smaller office spaces. Continue reading

Mumbai Real Estate termed Investor-Unfriendly by CREDAI

CREDAI showed discontent over the unsupportive policies of the MH govt. by terming Mumbai real estate as “investor unfriendly.”

Bye Bye to Mumbai Real estate

Bye Bye to Mumbai

CREDAI is dissatisfied with the existing Mumbai real estate conditions. This unfriendly atmosphere of Mumbai leads CREDAI to shift their investment plan to Gujarat. Continue reading

Real Estate Scam Allegation Shakes Pawar Family

Mr. Y P Singh, an Ex-cop accused Mr. Sharad Pawar of real estate scam. Mr. Singh stated that Mr. Pawar was the center of real scam.

Sharad Pawar Gets Tainted by real estate scam

Sharad Pawar Gets Tainted

Mr. Sharad Pawar has been chosen as another popular personality to be stained with the real estate scam after Mr. Vadra. Mr. Pawar Nationalist Congress Party chief and union agriculture minister was accused of real estate scam by Mr. Y P Singh, an Ex-cop who narrated him as the center of real estate scam.
The same time Mr. Singh pulled out Mr. Arvind Kejriwal for being selective of the politician. Mr. Kejiriwal was accused of hiding information about the Maharashtra real estate scam. Mr. Singh added that Mr. Kejiriwal was exposed only against the BJP ‘s Nitin Gadkari by sparing Mr. Pawar.

Noida Real Estate Relaxes As Farmers Call Off Strike

Noida real estate builders can now resume their halted work as farmers call off strike.

Farmers' Plea Authority Hears

Farmers’ Plea Authority Hears

Noida real estate builders had a deep breath as the Noida farmers have called off their strike. Earlier farmers had blocked the construction of many residential projects in Noida and Noida Extension. Continue reading

Noida to Receive 300 M. Tall Brys Residential Tower

Brys Group announced their plan to begin the construction of 300 m. tall Brys Tower Noida in January 2013.

Noida real estate gets another tall residential project with the launch of Brys Tower. This is an indication to the growing land deficiency in Noida.

Brys Tower Noida

Brys Tower Noida

Brys Group one of the leading Delhi-based real estate developers, announced their plan to launch a residential tower of 300 meter in Noida. This can be considered as a sign of growth of Noida real estate. Noida real estate is now faces shortage of land for bigger residential projects. Launch of Brys Tower announces the arrival of new Noida residential projects with another standard. Continue reading

Commercial Real Estate Office Space Demand Regains Pace

Commercial_Real-Estate

Commercial_Real-Estate

Demand for space in commercial real estate sector is reviving after the earlier setbacks in the primary quarters of the year 2012.  Seven prominent commercial hubs of India showed a greater pace of growth in the third quarter of 2012.  The third quarter which longs from July-to-September quarter, witnessed an A-Grade office space absorption by the major commercial real estate hubs on India. Continue reading

SC Condemns SEBI’s Feather Touch Approach to Sahara

SEBI fails to bring legal action on the Sahara real estate firm even after they fail to comply with the SC’s order.

SC versus Sahara

SC versus Sahara

Supreme Court, the Apex Court of India condemns SEBI over its light and soft dealings with Sahara Group. The the market regulator SEBI (Securities and Exchange Board of India), is invested with the duty of protecting the investors’ interests in securities. SEBI, through appropriate regulations, promotes the development of the securities market.

Supreme Court of India said that SEBI has failed in completing the Court’s order against the Sahara Group. Later August 31 Order of SC demanded Sahara Group to furnish all documents which are related to investments of more than   24,000-crore. The Sahara Group has failed to implement this order. Continue reading

Increased Residential Real Estate Causes Power Shortage

Save Power

Save Power

Real estate space construction acquired an unprecedented rate of growth. Urbanization in the developing India accelerated the growth. Government’s reform agenda assures that it will continue to grow in the near future too. Besides the real estate growth, the infrastructure development too takes place. This is going to be alarming in the coming days. Continue reading

Labor Shortage Strikes Residential Real Estate Projects

labour shortage

labour shortage hits real estate India.

The severe labor shortage is alarming the real estate builders. Most of the housing projects are not yet completed due to labor shortage. Recently there has been a tremendous increase in labor shortage. Continue reading

Real Estate Kamla Landmarc to Undertake Deccan Chargers

Terminated Deccan Chargers

Terminated Deccan Chargers

Deccan Chronicle Holdings’ (DCHL) disclosed their plan to sell out their IPL franchisee. This seems to be a stepping stone to another real estate firm after DLF to the Indian Premier League (IPL). Mumbai -based well known real estate firm Kamla Landmarc is set to try its luck in cricket. Continue reading

Festive Season Fills New Hope in Residential Real Estate

Enlightening Festive Season

Enlightening Festive Season

Confederation of Real Estate Developers Association of India – CREDAI expressed their hope of 20 percent improvement in the housing sales. This improvement will be mainly in the major cities of India. Smaller cities always remained unaffected by the interest rates. Continue reading

Real Estate Voted the Most Preferred India Investment

real estate investment

real estate: Best option of investment in India.

Despite the price hike of Gold and silver, real estate claimed the top spot among the preferred choices for investment in India. Respectively both gold and silver reached the second and third spot. According to survey of PHDCCI which was conducted among the investors, Real estate was voted as the most preferred choice of investment. Continue reading