Real estate developers to land in trouble for taking consumers 'for a ride'

Real estate developers to land in trouble for taking consumers 'for a ride'

Zee Media Bureau

New Delhi: The Real Estate Bill is set to rein in dodgy builders who do not deliver on promises or cheat buyers.

New FDI norms to boost affordable housing segment

New FDI norms to boost affordable housing segment

It also eased the rules for foreign investors to exit and repatriate their investments.

Govt eases FDI norms for realty sector

Govt eases FDI norms for realty sector

With real estate industry facing huge slowdown for last 2-3 years, the government on Tuesday relaxed foreign direct investment (FDI) norms in construction sector by removing two major conditions related to minimum built up area as well as capital requirement.

Realtors seek effective implementation of Smart City projects

The Confederation of Real Estate Developers' Association of India (CREDAI) also demanded that the private sector should be roped in to realise this mission.

Delhi-NCR property prices up 1% in Apr-Jun: Report

Property prices in Delhi-NCR rose 1 percent in the April-June quarter as against the previous three-month period of the last fiscal despite subdued demand and huge unsold inventories, according to a report by realty portal 99acres.Com.

DLF seeks shareholders nod to raise up to Rs 7,500 crore

Realty major DLF is seeking shareholders' approval to create charge, lien or pledge on its over 50 percent shares in three subsidiaries, which holds rental commercial assets, for raising up to Rs 7,500 crore.

Realty sector needs bold policy decisions: DLF Chairman

Prime Minister Narendra Modi has aroused "great expectations" for housing sector, but they are yet to be realised and the industry continues to face a plethora of challenges, realty giant DLF's Chairman K P Singh has said.

Govt committed to bring balanced real estate regulatory bill

The government on Friday said it will bring a balanced real estate regulatory bill to protect the interest of buyers as well as industry and the proposed law would reinforce the confidence of consumers and financial institutions in the cash-starved sector.

Realty players hail Bill to curb benami transactions

Real estate industry Thursday hailed the Centre's decision to bring in a law to check `benami' transactions, saying this will ensure transparency in the sector and also related fields.

'Easier land acquisition will boost affordable housing'

The real estate industry has welcomed the Cabinet's decision to amend the Land Acquisition Act, saying it will boost construction of affordable housing.

Real estate industry hails govt move to ease FDI rules

Welcoming the decision, realtors' apex body CREDAI President C Shekar Reddy said it would help developers get an extra route of funding their projects.

'Real estate can't be allowed in closed factories'

West Bengal chief minister's advisory council for industry member Saugata Roy has suggested stopping only-housing related real estate in closed industrial units in West Bengal.

Real estate industry on the path of recovery: E&Y

Driven by price corrections,
softening of interest rates and improved liquidity, the real
estate industry is on the path of recovery on the back of
improved demand in the residential segment.