Impact of budget on Real estate - Mr. ManikKinra is the CEO of Kin Housing

New Delhi, Mar 06, 2015 Like every other sectors, there has been a lot of euphoria associated with the upcoming Union Budget, with the expectations that surely will be some major announcements by the Finance Minister (FM) to boost the Indian realty sector. Though contrary to the beliefs, there has

Step by Step Research before Investing in your House - Ashok KR, Century Real Estate

Mar 05, 2015 Every one of us craves for owning a dreamy house at some point of time. But how easy it is to fulfil that dream, when buying property poses several possible hurdles along the way? Even though we are ready to invest huge amount on house or ready to go for loan, there are few things to c

Union Budget reaction - Mr A Balakrishna Hegde, MD, Chartered Housing

Bangalore, Mar 05, 2015UNION BUDGET 2015-16 There is nothing positive specific for Real Estate in the current budget. There are no negatives either for Real Estate. Some changes are expected with respect to REITs regulations which may benefit the Real Estate to some extent. But the same

Budget 2015-16 Reaction - Mr Rajeev Talwar, Group Executive Director, DLF Ltd

New Delhi, Mar 05, 2015“This is a directional budget. The Finance Minister has focused on growth with human face. Revenue sharing between the Centre and States has been redefined that give more resources to States, which actually implements all schemes and projects. For the real estate sector, th

Union Budget and Real Estate_Reaction by CREDAI NCR and Emaar MGF

New Delhi, Mar 05, 2015MR. ROHIT RAJ MODI, PRESIDENT, CREDAI NCR: "The budget presented today appears to be a well thought out roadmap for a cumulated economic growth. The Honb. FM has proposed measures to make the business environment easier for domestic as well as foreign corporations. However fo

Budget reaction from Mr. J.C. Sharma, Vice Chairman and Managing Director, Sobha Limited

New Delhi, Mar 04, 2015“The economic direction that the budget has pointed out is an encouraging one. The push for infrastructure and the plan to build two crore houses in urban areas and four crore houses in rural areas under the government’s policy to provide housing for all by 2022 is a welco

Currency fluctuations give way to a rise in British, US and Swiss buyers and a drop in Russian investors for Spain¹s prime property market

New Delhi, Mar 04, 2015 The international financial markets are expected to be a key driver in the uptake of Spanish prime residential property during 2015, according to Lucas Fox International Properties, whose latest market reports http://www.lucasfox.com/updfil es/publications/Spain-MARKET- REP

Post budget reaction from Mr.M.R Jaishankar, CMD, Brigade Group and Mr.Suresh Hari, Secretary, CREDAI Bengaluru

Bengaluru, Mar 04, 2015Response from Mr.M.R Jaishankar, CMD, Brigade Group It is a good growth oriented budget, with special emphasis on infrastructure, Swacch Bharat, introduction of pension schemes, curbing black money & improving ease of doing business. But as far as Housing industry is conc

What are the major trends in the development and property investment market in Asia? – An Interview with Monica Zhang ,Director for Asia GRI – Global Real Estate Institute

New Delhi, Mar 04, 2015Interview with Monica Zhang ,Director for Asia GRI – Global Real Estate Institute1. What’s Asia GRI? Asia GRI is the continent’s most senior real estate investment meeting. It’s is a day and a half of relaxed and intimate networking between real estate investors, deve

SARE Homes Reaction on Union Budget 2015

New Delhi, Mar 04, 2015MR. DAVID WALKER, MANAGING DIRECTION OF SARE HOMES "We are also enthused by the reduction of the corporate tax and MAT as it will help operations of corporations. The Government's move to rationalise the capital gains regime for REITs and InvITs however will be beneficial for

Budget Reaction - Mr. Ramnik Chopra, Managing Director, Coldwell Banker India

New Delhi, Mar 04, 2015"The Union Budget 2015-16 is quite innovative.Even though the fiscal deficit is high there are many steps to benefit our industry .Steps to avoid circulation of black money will help real estate industry to be more organised. It will also bring back talent pools to India which

Make your home ‘go green’ this Holi - Authored by Yatnesh Pandey, Chief Marketing Manager, Kansai Nerolac Paints Ltd team

New Delhi, Mar 04, 2015With the festival of colours just round the corner, we are in our most vibrant moods to celebrate it with complete zest and fervor. In the earlier days, colours used for Holi were made of flowers, herbs and roots that left behind a natural colour and fragrance. In the modern t

Siddharth By MKC Launches Magnificent Curtains

Adorn Your Home with Elegance and Warmth! New Delhi, Mar 03, 2015 - Curtains, blinds, draperies- these are the most ideal home furnishing items that accentuate your home décor radically. They add liveliness, provide privacy and block any unwanted elements enter your abode. Curtains are capable of

How Can REITs Be a ‘Booster Rocket’ for Indian Realty Market? - Vinita Tiwari

It was in September 2014 when market regulator SEBI notified norms for listing of new business trust structure Real Estate Investment Trusts (REITs). The strategy was planned with an aim to help attract more funds in a transparent way towards the Indian realty sector. Finance Minister, ArunJaitley,

Comments from Mr. Pradeep Jain, Chairman, Parsvnath Developers on Rail Budget

New Delhi, Mar 03, 2015“We welcome Honourable Railways Minister’s decision on monetising railway land. This will have a direct advantage to real estate sector as more land parcels in prime locations will be available for development under public-private partnership. However, government should al

‘Service Tax will raise real estate prices, stress the sector further’

Unchanged interest rates on home loans also brings disappointment Bengaluru, Mar 02, 2015: The increase of nearly two per cent in Service Tax will hike the overall costs of home buyers and those availing services from the real estate sector, creating further stresses across the sector, said Sanj

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Bangalore, June 18, 2014 - While transportation and connectivity becomes much easier, the impact on the Mumbai realty market is expected to be more pronounced. Historically, infrastructure developments related to transportation always had a positive impact on the capital values of the property market. Mumbai is no exception. Commercial and residential properties in and around the region definitely command a rise in its prices. An independent study conducted revealed that vicinity of a realty project to the metro railways have the authority to influence property prices in leaps and bounds. Mumbai properties lying close to the metro corridor are expected to boost up to at least 22%. Other factors contributing to the same include distance, location and income groups.


Currently the real estate is largely unregulated and opaque, with consumers often unable to procure complete information, or enforce accountability against builders and developers in the absence of effective regulation. The Bill is expected to ensure greater accountability towards consumers, and to significantly reduce frauds and delays. The Bill aims at restoring confidence of the general public in the real estate sector; by instituting transparency and accountability in real estate and housing transactions which in turn will enable the sector to access capital and financial markets essential for its long term growth.



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Market Overview

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