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Builders and homebuyers will have to wait for a ray of hope till the budget
Q: Developers are hoping that real estate sector will be granted infrastructure status to boost affordable housing in this year's Budget.

budget
credai
real estate regulatory bill
naredco
homebuyers
upcoming union budget 2016
Latest Answer: Hi folks, If i am not wrong then i think that our Finance Minister should announce a specific date for the implementation of GST. This major reform will give the industry a very clear taxation structure and induce a major sea change for the logistics architecture, since logistics will be driven by cost and not by a regulatory system.
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Real estate meet to discuss policy initiatives and foreign investment norms in Mumbai
Q: This summit is organised by Naredco (National Real Estate Development Council), the National Real Estate organisation in association with Aprea (Asia Pacific Real Estate Association).

real estate sector
naredco
kkr
gic
morgan stanley
national real estate development council
venkaiah naidu
real estate policy initiatives
foreign investment in mumbai
foreign investment norms
real estate & infrastructure investors summit
aprea
asia pacific real estate association
government of singapore investment corporation
cornerstone
Latest Answer: Hi, Good thought by the NAREDCO and APREA. The summit will provide a crucial platform for all stakeholders, developers, PE players and government agencies to jointly discuss key challenges faced by the sector and initiatives required to improve the sector performance.
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Affordable homes in Mumbai may be a distant dream due to rising construction costs
Q: Indeed as Maharashtra government has been concerned on giving affordable housing, there seems to be no significant efforts towards attaining this.

real estate
affordable housing
real estate mumbai
naredco
maharashtra government
increase of construction cost in mumbai
hike in construction materials
hike in steel price
the national real estate development council
Latest Answer: Hi all, Now the affordable homes in Mumbai may not be a distant dream. As Maharashtra Government has been concerned on giving affordable housing. As per the the Maharashtra government, they will change rules and regulations to help in delivery of affordable housing projects for the millions of the state's poor. Making sure that the offered new housing policy would be "pro-people", CM Fadnavis told the developers to work together with the government in its mission to provide affordable housing for the lower-middle class and the poor people.
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Mumbai development plan 2034 proposes FSI up to 8
Q: Hi, What are the pros and cons of new proposed FSI in the development plan?

bmc
fsi
floor space index
affordable housing project
naredco
municipal corporation of greater mumbai
mcgm
maharashtra government
brihanmumbai municipal corporation
housing for all by 2022
tdr
chief minister devendra fadnavis
affordable housing project in mumbai
mumbai development plan
mumbai development plan 2034
properties for sale in mumbai south
development control rules for mumbai
reduction in fsi-tdr premiums
the mrtp act
Latest Answer: @Sunil, Builders are thinking that among number of other changes, the plan had increased the floor space index, which indicates permissible construction on any plot. According to experts, if height and developable limitations are re-engineered, companies will have to go back to the drawing board and reconstruct plans.
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Hike in service tax will lead to increase in property prices by nearly 0.5 per cent of the total cost.
Q: Give description about your Question.

service tax
credai
reits
naredco
delhi real estate market
budget 2015
naredco
Latest Answer: Hi, Builders and property investors however hailed further obligation inspirations on Real Estate Investment Trust (REITs). The organization had formally displayed gauges for REITs a year prior, yet it couldn't make much propel pending clarity on evaluation related matters. Through the Budget, the Finance Minister has watched out for this issue. Experience rental pay and legitimization of capital builds organization for supporters will help REITs.
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NAREDCO- Review in foreign remittance ceilings.
Q: What impact does NAREDCO ( investment ceilings ) on the domestic real estate market ?

rbi
fdi
naredco
residential project sale
overseas investment
domestic real estate industry
Latest Answer: Hi Guys, As per news, RBI had said in its bi-monthly monetary policy statement that , on a review of the external sector outlook and as a further exercise in macro-prudential management, it has been decided to enhance the limit under the Liberalized Remittance Scheme (LRS) to $ 250,000 per person per year. The LRS allows residents to acquire and hold shares, debt instruments or other assets outside India without prior approval of the RBI.
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To boost real estate demand National Real Estate Development Council has sought reintroduction of tax benefits.

credai
real estate bill
housing sector
naredco
housing for all
tax benefit
real estate development
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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Government is planning to allow international arbitration for infra development disputes

bmc
fsi
floor space index
ppp model
infra development plans
affordable housing project
naredco
municipal corporation of greater mumbai
mcgm
ppp
neutral city
international arbitration
maharashtra government
brihanmumbai municipal corporation
housing for all by 2022
tdr
chief minister devendra fadnavis
mumbai development plan
mumbai development plan 2034
development control rules for mumbai
the mrtp act
Latest Answer: Hi Abhishek and Ashish, You mean to say that the coming year will be a period of uncertainity and a number of project launches will be stopped. Then Developers will must have difficulty to lock project layouts as the new plan will have different rules for open space regulations, height restriction of buildings and general usage of space.
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Why would people prefer HUDA houses rather than DDA houses?

huda
affordable houses in delhi
dda
naredco
affordable housing scheme
Latest Answer: Hi Himangi, I came to know from news that both housing schemes are suitable for people. People actually preferring both schemes. But major thing is both schemes have some advantages & disadvantages . The concept of housing scheme is aim to provide houses to those EWS or LIG category people. So according to me , this scheme is bringing some major changes in India Real Estate.
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New hike in Real estate FDI market.
Q: Permission to sell completed projects to foreign investors will help Indian developers get much needed liquidity into the system. Is it possible ?

delhi real estate
delhi property investment
real estate news delhi
naredco
fdi in real estate
Latest Answer: Hi Shailja, As per my knowledge, Foreign Direct Investment (FDI) in the real estate sector could jump over two-fold in the next one year with easing of FDI rules in the construction sector, realtors' body NAREDCO said today. Real estate developers and consultants were of the view that this move would give fillip to cash-starved realty sector, which is reeling under a slowdown since last 2-3 years.
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