Govt relaxed norms for the floor area ratio and ground coverage for plots.
'Today, 75 per cent of sales come from residences.'
Realty sector is facing a huge slowdown for last 3-4 years, leading to a significant delays in possession of flats to customers.
A decline in the real estate sector, rising debt and the company's alleged involvement in 2G scam caused damage to the business and its image.
Look at reaping the first-mover advantage by possessing lands in AP's newly-announced capital city.
The proposed ban on cash transactions above Rs 3 lakh may hit luxury goods, jewellery sales and real estate.
Indebted developers are cutting staff as they slow work on existing projects and postpone new ones until they clear a backlog of 700,000 unsold homes
Modi's party also wants to regulate property markets and tie investor money to specific projects to stop developers diverting cash elsewhere.
Launches of new homes reduced drastically this year.
In commercial real estate, leasing of office space was higher although the activities were subdued in retail segment.
Real estate veteran Saket Mohta gives the the most comprehensive 11-point checklist