Here’s a good news for all the stakeholders of Indian Real estate sector that has been reeling under pressure from quite a long time. Showing clear signs of recovery, over 62,800 housing units have been sold out in Q3 2021 against 29,520 units in the same period last year in across the top 7 cities,…
A virtual media roundtable was organised featuring expert discussions and presentations on current situation in Indian real estate sector amid the health crisis.
Maharashtra chapter of Naredco has announced the launch of Naredco Neral-Karjat unit in the state. Aimed at creation of affordable housing stock of over 40000 homes by 100+ members associated with Naredco Neral-Karjat unit, the move is expected to offer an opportunity to the homebuyers to buy RERA registered affordable properties in Neral -Karjat region located…
Real estate sector is gradually emerging out of the clutches of the long prevailing slowdown and the fact has come to the fore through the recent FSR report by the RBI. The FSR report highlights that the residential real estate sector has recovered since the unsold inventory level has come down to a two-year low….
Real estate developer Wave Group has launched ‘Veridia’, a luxury real estate project at its Wave City township in Ghaziabad. Spread over 24.47 acres, the project encompasses Stilt+6 floors of 4bhk and 5bhk skyvillas. Equipped with high-end amenities including home automation the project fulfills green building requirements, besides being based on modern contemporary architectural trends….
Real estate industry leaders gathered on a common platform and brainstormed over the current state of the sector entitled “Reality of Realty investments”, organised by the National Real Estate Development Council (NAREDCO) on a virtual platform. The industry stakeholders attended the webinar with great enthusiasm and exuded optimism that the real estate sector will fully…
In the recently held 53rd meeting of Central Sanctioning and Monitoring Committee, the government has approved construction of 56,368 New Houses under Pradhan Mantri Awas Yojana (PMAY-U) Mission. The meeting was attended by 11 States/Union Territories. Speaking on the occasion, Ministry of Housing and Urban Affairs (MoHUA) Secretary Durga Shankar Mishra asked the states and…
The Ministry of Housing and Urban Affairs (MoHUA) has launched an initiative of socio-economic profiling of the beneficiaries of the PM SVANidhi scheme to extend the benefits of various central schemes and in the first phase of this programme, 125 cities have been selected. The profiles hence prepared will help in identifying the potential eligibility…
The government of India has signed a USD 500 million loan agreement with New Development Bank (NDB) for funding its ambitious Delhi-Ghaziabad-Meerut Regional Rapid Transit System (RRTS) project aimed at providing fast-track connectivity between NCR locations. On behalf of the Government of India, Baldeo Puroshartha, Joint Secretary in Ministry of Finance; Janardan Prasad, Director Ministry…
The Ministry of Housing and Urban Affairs has (MoHUA)launched the Nurturing Neighbourhoods Challenge initiative with the aim to make cities conducive and supportive for young children and their families. A framework of data maturity assessment to assess the data ecosystem of the cities was also introduced by the ministry. It also launched a training program…
