Rental housing for 43,000 low-income families in Mumbai by March 2015.
Analysts, however, suggest investors remain selective on realty stocks and buy only where there is revenue visibility and a credible promoter backing.
The diplomatic rift between India and Maldives, coupled with the suspension of flight bookings on one of India's major travel portals, has sent jitters down the spine of tour operators in the island nation. The Maldivian Association of Travel Agents and Tour Operators (MATATO), a forum for travel agents, has stressed that the Indian market is important to the success of tourism in Maldives.
Those who cannot bear significant downturns (as much as 40 per cent) or have a short horizon should exit entirely.
Each bottle of pickle that leaves FarmDidi, headed to a consumer, has a little kahani behind it -- it's linked to the tale of a life, the life of a simple, striving village woman who created it, and that's what gives Manjari Sharma satisfaction and happiness.
'The government has to stop trying to fix things for lenders, projects, homeowners and developers and think instead about how to fix the market for houses,' says Mihir S Sharma.
For those in the EWS and LIG category who wish to take a loan up to Rs 600,000, there is an interest subsidy of 6.5 per cent for a tenure of 15 years.
Enhancing your credit score is the key to improving loan eligibility and securing a favourable interest rate.
Rent paid to one's wife is eligible for exemption if property, home loan are in her name.
Given that some reputed builders are also present in this segment and the cheap rates, does affordable housing make a good investment option?
Employees who benefit from rent-free accommodation should pay heed to these new regulations, especially if they are in the higher salary brackets.
Every housing finance company, and every bank with a large housing finance exposure, will see loss of volumes in this quarter.
Price growth of high value homes has been highest in emerging markets like Singapore, where prices have increased 144 per cent since 2005 and Mumbai, where prices have jumped 138 per cent in the same period.
At a time when buyers are complaining about developers not sticking to delivery schedules and delays stretching for three-four years, these technologies have come as a boon.
The problem in India is that much of the cost of the roof over your head is on account of the land beneath your feet--which has been kept hopelessly expensive by the politician-builder nexus.
The Land Acquisition Bill was cleared by the Union Cabinet on Thursday, making the consent of 80 per cent of owners mandatory for private projects.
If the concerns over risking political capital are overcome, the long-term gains for the Indian economy will be immense, asserts A K Bhattacharya.
'Since there is no photo-op, or quick fix solutions, politicians do not want to address climate change. It is very unfashionable.'
False and acrimonious debates such as Modi versus Manmohan might allow for victories that are political and partisan. But the real loser is the nation, India and Bharat, notes Arvind Subramanian, former chief economic advisor to the Modi government in its first term.
'I believe that as we produce more, our cost will come down further. We will maintain our competitiveness.'
Budget fails to cheer realty players.
Realty sector is facing a huge slowdown for last 3-4 years, leading to a significant delays in possession of flats to customers.
The executive order also provides authority to impose sanctions on any person determined to operate in those areas of Ukraine.
At 5 per cent, Mumbai is likely to witness the highest rise in residential prices in 2024, a report released on Wednesday said. New Zealand's Auckland will also see a price rise of 5 per cent. According to real estate consultancy Knight Frank's "Prime Global Cities Index", improving gross domestic product (GDP) figures, Mumbai's relative value and investment in infrastructure will be the prime influencers in pushing prices higher for the luxury housing market in the city.
No promoter is allowed to advertise, market, book, sell or offer for sale, or invite persons to purchase any plot, apartment or building, in a project without registering with the authority.
It is not advisable to touch retirement corpus if property is being purchased for investment.
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Chairman Anand Mahindra spoke to Business Standard on affordable housing.
Cement companies witnessed speculative support from investors through FY23 amid hopes of a rebound. After capex announcements in the FY24 Budget, there was further interest due to expectations that government expenditure would boost earnings, besides a generic macro-recovery. Cement earnings were under pressure in FY22 and FY23 due to high raw material and fuel costs; muted demand prevented them passing on the higher cost.
Farmers too will get better deals
'Somebody was using somebody to make statements that will stir the stock market and lead to a surge.' 'A sudden surge and a sudden crash is always an ideal situation for people to make illicit gains and then siphoning off the money.'
Real estate sector cheers reforms in the Budget.
In an hour-long chat, Santosh Naik, managing director and chief executive of Disha Direct Marketing Services Pvt Ltd, offered some valuable realty tips.
Santosh Naik, managing director and chief executive of Disha Direct Marketing Services Pvt Ltd, offered some valuable tips during a chat on rediff.com on Friday.
Make sure buying a house won't lead to compromises on other crucial financial goals.
Struggling, corrupt construction industry will be challenged by the prime minster's $250-billion plan
For the real estate sector, Diwali was the worst period after the global recession struck in 2008-09.
We present here Anshuman Magazine's wishlist.
The year 2018 is likely to be steady in terms of institutional investment into real estate
A Shyamsunder (Shyam), chief executive officer of Disha Direct Marketing Services and an real estate expert, offered some valuable tips during a chat on rediff.com on Tuesday
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