Real estate booms in 15 states

Q: Hi, i have just read the news about real estate is rapidly growing in 15 states? What is it about, can any one brief?

Tamal, Delhi-NCR

28th October 2013

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Replies (3)

True in all these days, real estate sector has faced bottlenecks issues with limited land, existing rent law and high cost of funds. This needs to be solved or else the real estate sector will never rise.

Richa, Delhi

28th October 2013

Comment

Heylo frnds, good morng....The state is coming up with new policy in order to develop affordable housing and also to study the various laws, rules and regulations which are involved in getting a clearance of building activities.!

Nikhil Agarwal, Delhi

28th October 2013

Comment

So basically this is an agreement that will help the realty experts to discuss about the betterment of the real estate sector in 15 cities...right??

Pranab Malakar, Delhi

28th October 2013

Yes, 12-15 major states where these experts would be engaged for simplification on the rules and regulations.

Vibhor, Delhi

28th October 2013

Yes, there is a new policy coming up, a policy where a large number of real estate experts and consultants will be together from individual states and asked them to study various rules and regulations related to building plan approvals. If there are proper approvals in regards to the real estate sector the real estate will surely boom up.

Jeet Bhaskar, Delhi

28th October 2013

Comment

CREDAI have been demanding a single- window clearance for approvals of realty projects, saying that the cost goes up by 40 per cent due to delay in approvals, which generally takes 12-24 months.

Praveen P, Delhi

28th October 2013