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BUILDING INDIA’S FUTURE - Optimism in the air

Mumbai, September 30, 2014 - A new government, an alluring scent of optimism in the air. Is India back on the global investment agenda? It’s not just Mumbai and Delhi attracting attention. Mega Townships and deferred malls are back on track, corporate tenants are demanding Grade A offices, Bengal

IndiaProperty.com’s flagship property show, Gruhapravesh concludes on a positive note

Bookings to the tune of 32 Crore reflecting positive sentiments Gurugaon, September 30, 2014 : The 45th Edition of IndiaProperty.com’s flagship property show, Gruhapravesh concluded in the city on a positive note. The two-day event at EPI Center, Apparel House, Sector 44, Gurgaon, was inaugurate

US-based Hines to enter Indian residential market

Ties up with global fund to invest Rs.1,500 cr in India New Delhi, September 30, 2014 - US-based real estate firm Hines on Monday announced the launch of Hines India Residential, a joint venture with a financial institutional partner, which will invest in multi-phased, for-sale residential deve

A prelude to World’s Senior Citizen’s Day

500 citizens across 3 cities creates a history, showcased remarkable talent and skills at Jashn New Delhi, September 30, 2014 - With World’s Senior Citizen day approaching on 1st October, people must be busy in lectures and seminars for senior people, here taking a lead group of senior citizens f

Sagar Cements' board nod to acquire BMM Ltd

Proposed acquisition will take SCL group's total cement capacity to 3.75 mn tonnes from existing 2.75 nm tonnes Hyderabad, September 27, 2014 - The board of directors of Hyderabad-based Sagar Cements Limited (SCL) on Thursday approved the company’s move to acquire 100 per cent stake inBMM Ce

Anchor launches new range of colour plates

Chennai, September 26, 2014 - Anchor Electricals Pvt Ltd, a subsidiary of Japanese multinational Panasonic Corporation, has launched a new range of ‘colour plates’ to go with its flagship modular switch brand Roma. The new assortment of colour plates will give 168 new ways to style up switch pa

Affordable housing will drive growth in realty sector

New Delhi, Sep 25 , 2014 -  Housing policies for affordable housing will be the driver of reviving growth in the realty sector, a senior government official said today. Housing for all by 2022 is also the key agenda of the new government. Despite the visible benefits, the housing sector is facing

Pride group launches mega township project near Pune

Pune, September 25, 2014 -  The Pride Group has launched Pride World City, a mega township at Charholi, near Pune. Spread over 400 acres, the development of the city and infrastructure involves a total investment of Rs.6,500 crore. “Charholi’s unmatched environmental attributes prompted us t

Gruhapravesh’ India’s Biggest Property Show announcing its 4th Edition in the US

The flagship property show by IndiaProperty.com will showcase around 100 NEW PROJECTS by 30 TOP BUILDERS from India The US tour of _Gruhapravesh_ will include 3 property shows at Dallas, New Jersey & Santa Clara. Entry is FREE Chennai, September 25, 2014 - Gruhapravesh comes back to USA for th

GROHE nominated for 2014 German Sustainability Award

Leading sanitary manufacturer acknowledged for its commitment to resource efficiency New Delhi, September 24, 2014 - GROHE believes that sustainability means exercising responsibility for the environment and for humanity. This is why the company’s guidelines for sustainable action are deeply embe

Agrante Realty Comes out with a Special Plan This Navratri

Gurgaon, September 24, 2014: Realty major of Gurgaon, Agrante Realty is all set to offer a very luring and distinctive plan for its customers this festive season.Agrante Realty has been known for its quality construction and on-time delivery. With various developers offering unique payment plans thi

L&T bags orders worth Rs 1,577 cr

Mumbai, September 24, 2014 - Larsen & Toubro's (L&T) has bagged new orders totalling Rs. 1,577 crore in September 2014, said an exchange filing from the company. Of this, the Buildings & Factories business received an order for Rs. 1,231 crore from a private developer for the construct

Kelly Hoppen MBE and Lodha bring celebrity living to Mumbai with ‘Lodha Estrella’

- Renowned English Designer Kelly Hoppen’s first visit to India - Tower will rise in New Cuffe Parade, Mumbai’s lifestyle district - Kelly Hoppen inaugurates NCP Arts & Culture Center, new hub for the arts in region Mumbai, September 24, 2014, : Lodha Group, India’s No. 1 real estat

Real Estate Bill will protect consumers, regularise transactions: Venkaiah

New Delhi, September 23, 2014 - The Real Estate (Development and Regulation) Bill will not seek to strangulate the sector, Minister of Housing & Urban Poverty Alleviation M. Venkaiah Naidu said on Friday. The proposed Bill, which aims to protect consumer interest and introduce standardisation in

Mumbai City FC thrills its fans at Palava!

Palava, September 23, 2014: Football fever is back with India’s biggest Football extravaganza, the Hero Indian Super League (ISL) beginning on 12th October. In a run up to ISL, the Mumbai City FC team as part of their community outreach program visited Palava, the City of Opportunity. Promoted by

Realty investment trusts: SEBI working on norms for IPOs, listing

REITs unlikely to take off until income tax hurdles are addressed, say industry players New Delhi, September 23, 2014 - The two committees appointed by market regulator SEBI to recommend norms for IPOs and listing of REIT units are expected to submit their reports shortly, a top official has sa

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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.

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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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  Contents  

Cover Story

Wienerberger India - Sustaining Sustainability

Debate

The Real Estate Bill, 2013 provides uniform regulatory environment

Market Overview

Colliers International India releases Office Property Market Overview

 

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