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The economy is in a bad shape and there is an all round despair...Jain said the government needs to appreciate the fact that realty sector supports over 250 other industries, contributes 11 per cent to GDP and is the largest employment generator
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13 IST BS Reporter in Chennai T he real estate sector in India has seen $3.2 billion of private equity investor exits in the last four years, according to a white paper issued by Jones Lang LaSalle India. In rupee terms, this amounts to about Rs 14,
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The realty industry on Friday welcomed the move in Budget to allow external commercial borrowings (ECBs) in the low-cost housing segment, which was one of the long pending demands of the developers, saying it will give fillip to the already
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However, raising funds continues to be a big constraint for us. We expect some policy decision on FDI in real estate that will benefit the market greatly," Puranik Builders Managing Director Shailesh Puranik said. The industry expect the March 16
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Home buyers harassed by unscrupulous real estate developers and property dealers can heave a sigh of relief. The Union government is set to push through a regulatory bill for the realty sector in the budget session of Parliament. The Real Estate (
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All the excesses of boom times are coming back to haunt the players. From rising interest rates to an inventory build-up, the industry has remained under pressure. The Realty Index is close to its October 2008 lows, suggesting investors are risk
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Sunil Mantri, chairman and managing director of Sunil Mantri Realty Ltd, diversified from the family's textile business in 1986 to get a toehold in the real estate industry. Beginning with small projects in Karad and Pune, his company now has
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Hi Guest rediff.com web Maharashtra realty sector sags under sand mining ban October 05, 2010 10:20 IST Share this Ask Users Write a Comment T he real estate sector in Maharashtra [ Images ] foresees a loss of Rs 2,000 crore (Rs 20 billion) due to
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In an interview with Business Standard , the newly appointed president of Maharashtra [ Images ] Chamber of Housing Industry Sunil Mantri spoke on various issues What's the present state of the realty sector? The realty sector is growing at 20-25 per
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They want FSI to be in line with export benefits for the sale of residential properties to NRIs and foreigners. They have also demanded the reinstatement of tax concessions under Section 80 I(B) to developers for expediting affordable housing
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