Virtual roundtable on positive trends and opportunities in real estate
A virtual media roundtable was organised featuring expert discussions and presentations on current situation in Indian real estate sector amid the health crisis.
Tag: Builders
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Lockdown Relaxation: Construction restarted in over 100 projects in NCR
The end of the second phase of lockdown has brought good tidings for over 100 projects in NCR which have been in advanced stages of construction but had to meet an abrupt halt. Construction in all these projects has now restarted after getting necessary permissions from authorities. These permissions envisage the fulfilling of various mandated…
Builders facing dual crisis of shortage of labour and construction materials
Amid COVID-19 Lockdown labour shortage has emerged as one of the biggest issues for the real estate sector as the stranded labourers are waiting to return their villages despite the government has now allowed to start construction activities even in the red zones. Such a situation may result in delay in delivery of projects. Further,…
UP-RERA to assign grades to builders and projects
The Uttar Pradesh Real Estate Regulatory Authority (UP-RERA) is looking to set up a system for grading of developers and projects in measurable parameters. The initiative is aimed at assisting the homebuyers in making an informed decision. The authority has appointed rating agency CRISIL to set up this system. In consultation with CRISIL, UP-RERA has…