Many felt that the economic slowdown will have major impact on the real estate which thrived during the heydays of the three decades of China's double digit growth till 2010.
The Real Estate Bill is likely to be tabled in Lok Sabha on Tuesday for consideration and passing as only three working days are left in the first half of the Budget Session.
The Real Estate Bill was passed by the Rajya Sabha last week.
The Real Estate Bill can bring greater credibility to the sector through more transparency as well as accountability and could encourage flow of FDI funds into the market, a Nomura report says.
The cheapest were Lusaka, the capital of Zambia, followed by Bangalore and Mumbai, the EIU said.
Know! How the Real Estate Bill will affect home buyers...
Chronology of events leading to the passage of Real Estate Bill in Rajya Sabha on Thursday.
Know the 10 Key Facts of Real Estate Bill, passed by Parliament on Tuesday.
The long pending Real Estate Bill, which aims to protect the interests of buyers and bring more transparency to the sector was on Thursday passed in Rajya Sabha.
The long pending Real Estate Bill is listed for passage in Rajya Sabha at 2 pm on Thursday.
The three cities are among the 20 cities which are to be developed as smart cities, announced by Urban Development Ministry in January this year.
Real estate developer Tata Housing has partnered with the country's largest lender, State Bank of India, on the occasion of the International Women's Day.
The government on Saturday said that a total of 12 bills including the Aadhar Bill, Whistle Blower Protection Bill, Child Labour Bill and Real Estate Bill are proposed to be taken up in parliament next week.
Know about the world's 20 most expensive cities.
Consumers are preferring to purchase ready-to-move-in homes, which command a price premium of up to 21 percent, than properties under-construction because of huge delays in completion of projects, according to a report.
The only India city on the list of top 20, Mumbai is ranked 17th ahead only of Berlin, Johannesburg and Rio de Janeiro.
Zee Media Bureau
New Delhi: Finance Minister Arun Jaitely has managed to bring cheer to the housing sector as a whole, in the Budget 2016.
Zee Media Bureau
New Delhi: Homebuyers in the country are now turning restless waiting with uncertainty to get possession of the builder apartment booked by them
Finance Minister Arun Jaitley's proposed removal of dividend distribution tax has received a thumbs-up from the real estate sector which has been looking for a clarity to launch Real Estate Investment Trusts (REITs) for raising funds.
Aiming to boost demand in realty sector, the government on Monday proposed an additional Rs 50,000 deduction on interest on loans for first home buyers and tax incentives on development of affordable housing, besides exempting REITs from dividend distribution tax.