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Real Estate Forum on Credai

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: BDA can compile the whole 450-acre private land solely to reapportion to the homeowners once developing roads, drains, parks and different public amenities in a very planned manner.
Latest Answer: Thanks for sharing information. Technotips is Software Companies In Bhubaneswar which provides application software, Flashy Website Design & SEO.
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Latest Answer: Hi Saran, In a nation where development industry is one of the biggest businesses drawing in 33 million individuals, there are more current challengers for the realty players to get the right amount and nature of laborers. Certain focal government plans like the Mahatma Gandhi National Rural Employment Gurantee Act (MNREGA) giving rustic business are bringing about the laborers to stay back in towns.
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Latest Answer: Hi Mr Khan, City Master Plan should only be notified if it has all statutory approvals like change in land use, environment clearance, mining, maximum height from AAI etc so that the developer is able to start the work in minimum possible time. Delays in providing supportive infrastructure and timely approvals by the development authority causes delay in delivery of project, but the Regulatory Bill proposes to penalise only the developer.
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Q: Now a days builders are more prominent towards real estate market due to current rate cut.
Latest Answer: I would suggest you should see the graph which shows the growth of property prices over a period of time, House of hiranandani has build flats from 30L to 1.5 cr so its a varied market. So of builders like Hira are having a development plan in these locations, that shows the realty sector is going to boom. Also see that the new government will also have a positive impact on reality sector.
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Q: Realty players hoping that Vibrant Gujarat Summint will bring some changes in FDI norms. They expect the relaxing of norms to rejuvenate the sector which is witnessing a slump.
Latest Answer: Hi Guys, As per CREDAI vice president, the relaxed FDI norms will act as a booster dose for the real estate sector. There had been a deficit of trust from consumers, brokers and investors on builders, which will now be revived. Vibrant Gujarat will provide a boost to real estate sector, which will now get the attention of the government, industries and other countries.
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Q: What is the reason that CREDAI has asked Karnataka to make changes in the Karnataka Land Reforms Act?
Latest Answer: What CREDAI is going to do for the sites in BMRDA and BIAPA areas which have been on a standstill? Any idea
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Q: Hi..what is EWS quota for new housing policy.?? Any changes demanded by CREDAI..??
Latest Answer: Till yet there are no changes .but Credai is demanding some changes..it is seeking a reduction of mandatory provision of reservation of housing units from 15 percent to 5 percent of the total built up area for economically weaker section (EWS) quota
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Q: Are real estate projects in India facing shortage of skilled and unskilled workers ..??
Latest Answer: Well said Anuj and Jerome..i feel that literacy level among workers is motivating them to seek alternate job opportunities which are lesser labour-intensive. The increasing cost of living in big cities is also adding fuel to labour shortage
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Q: I heard that the housing in Gujarat may become costlier. What is the reason?
Latest Answer: It was also seen that the per square feet construction cost had doubled from 2009.
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Q: I heard about the property show in Mangalore. Can anyone tell me when they are planning to conduct the show?
Latest Answer: The properties which will be promoted in the expo will cost in a range of Rs 2,500 a sq ft to Rs 5,000 a sq ft.
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