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Q: How Budget 2015-16 affects real estate sector?
Latest Answer: It is very crucial to understand that "Housing for all by 2022" is a bigger term than what is being understood by the common public. There is lot more to it than just providing houses to everyone. The government has planned to not only build more houses, but to redevelop slums, decrease interest for poor section, involving private sector and also aid urban poor for renovating the existing homes.
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Q: Is it true that incorporation of REIT under Foreign Exchange Management Act will fast-track developers & industry watchers listing in the domestic market?
Latest Answer: We are looking forward to seeing REITs launched in India in the coming year. Industry wide, there will be limits on what assets can be transferred to REITs. A significant part of that needs to be discounted for quality. We don't see the opportunity for significant non-office REITs, particularly residential, as the rental market is quite informal and break into pieces.
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Q: Now a day NRIs is attracting toward investment in residential market? what important thinks NRIs must keep in mind before investing in Tamil Nadu?
Latest Answer: your investment will give you more returns in real estate only and invest in developing area not developed area
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Q: Real estate center funds are now back in the estimating after a two-year fall in prices and are raising money to invest in mid-segment projects across the country, banking on rising investor confidence and sentiments.

Latest Answer: Well Neeraj, Managing Director and CEO Sunil Rohokale told, the company will stay focused on mid-segment residential projects. The company expects to complete the fundraising in the next 12 months. According to a report, 34% of residential sales happened in the cost bracket of Rs. 50 lakh to one crore. Piramal Fund Management has raised Rs. 500 crore for its "Indiareit Apartment Fund", unparalleled its initial size of Rs. 350 crore. The company is aiming a final close at Rs. 700 crore.
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Q: Is Nandi Realty is showing big boom in realty segment due to upcoming development of Information Technology Investment Region in the Devanahalli-Doddaballapur?
Latest Answer: Hi, In my point of view Nandi is good option in upcoming years. Due to closer to Bangalore and development of new IT corridor real estate market will create new high but as of now most of the investor is showing interest in villa or in plot. It should be wait and watch position for residential market as localities is facing some civic issues like lack of electricity,proper planning and infrastructure.
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Q: HI, Now a days a news comes to hear that REITs can be a boon for the industry to tap into structured, institutional sources of funding. Can anybody tell me how?

Latest Answer: Hey Sarith...... Don't be so pessimistic. The current tax system for REITs in India leads to multiple levels of taxation, as a result of that contrarily affecting the yield to investors and making REITs unattractive for investment. For REITs to become mainstream vehicles for large nos of investors, it is essential to get the tax regime for REITs in India at face value with the international tax system.
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Q: Hi, have you heard the news about the Adani SEZ delay? SC is knocking the door of center for not completing the process of invironment clearence.

Latest Answer: Hi Pranab, Even the SC gave last chance to the MOEF to do so and also made the secretary and the director “personally responsible” for any further delay.
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Q: Hi, good news for the resident of Chandigarh, finance minister's budget 2014-15 put an end to a decade of descrimination with an innovative and dynamic budget.
Latest Answer: @Balwinder, An innovative and dynamic budget which would give a boost to agriculture and food processing besides addressing the concerns of all sections of society. The earlier Congress led by UPA government followed a policy of discrimination against us due to which Punjab has suffered immensely. Firstly, the rail budget witnessing allocation of 5 new trains to Punjab and now the Union Budget which has allocated us an Indian Institute of Management.
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Q: Hi, a realty arm of Mahindra Group, Mahindra Lifespaces focused on affordable housing called called "Happinest".
Latest Answer: Good Morning Manis and Anirudh, Mahindra Lifespace Developers is ambitious to join hands with the central and the state governments and participate in the public private partnership (PPP) programme to make affordable housing a reality for large number of Indians. Their residential segments catering to mid-premium and super premium households.
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Q: Hi, now a days judging various property developers before you buy your home can be a nerve-wracking exercise.

Latest Answer: Hi, Don’t need to worry. Rating agencies such as CRISIL have ways to judge the various risks associated with real estate projects. You can take a leaf out of their books when selecting your home to ensure that your money is in safe hands.
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