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Real Estate Forum on Indian Economy

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Q: Of the total residential area under construction across 25 cities around 3.2 billion sq-ft. or 34% of total is delayed by over 12 months.
Latest Answer: At the same time, this bill will have a positive impact on the Indian economy as it would provide confidence to foreign investors. As far as responsibility for delay is concerned, it lies both with the developer and the Government authorities. Thus, if we look at the larger picture, the delays in execution also have a negative bearing on India's GDP.
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Latest Answer: Hi Raj, According to the company, they completely deny every single such rumours and wish to make calm their shareholders, their is no burden at all. The sharp fall in stock costs can't be credited to any development connected to the execution of the company or the activity of any of their regarded lenders.
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Latest Answer: Hi Raj Roy, Under the scheme, 481 projects were sanction for building 7.89 lakh homes. Of them, development of 6.03 lakh homes have been finished while work is in advancement for 1.86 lakh units as on April 16. Respectable Mr Naidu likewise communicated certainty that development of all homes under the scheme would be finished by March 2017. The expense for 481 projects was assessed to be minimal over Rs 22,693 crore. The works being done under BSUP were surveyed consistently and states and union regions were encouraged to finish "continuous projects quickly" Mr Naidu said.
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Q: Launch of first smart city starts from Sabarmati River Gandhinagar.
Latest Answer: To get the reasonable result, govt. should support those cities or state first. "Jyada Khakar Bimar Hone se Achcha Hai ki Kum Khakar Healthy Rahe"......... Government grants will be leveraged to attract funding from internal and external sources but unless there is a possible business model or guarantee from the centre, this would not be easy. Also, the track record of Public Private Partnership (PPP) projects is at best mixed and when there would be multiple parties associated like the center, states, local bodies and private entities, the task would be even more challenging.
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Q: Impact of Haryana Budget 2015.
Latest Answer: Hello Neel, Delhi NCR region is one of the most promising destinations for real estate projects in India. There are several real estate projects being building up here that offer great residential and commercial properties. I would also like to mention here about the premium projects offered by Unnati Fortune Group in Noida. Unnati Fortune Group is a leading real estate company in Delhi NCR and bring 'The Aranya' and 'Unnati World' as its premium residential and commercial projects in Noida, respectively. The projects are equipped with all modern facilities and offer residents the life of utmost luxury and comfort. For more details, you can visit: http://www.unnatifortune.com
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Q: What is the basic method of calculation of Per Capita Income?

Latest Answer: Hi Kunal & Balwinder, Tax collection of Delhi government registered a growth of 2.64% in 2014-15 as compared to the growth of 10.60% in 2013-14. The state has maintained its consistent revenue surplus which was Rs 6079.53 crore in 2014-15 as compared to Rs 5615.37 crore in 2013-14.
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Latest Answer: Hi Mr Raj, India allows FDI in most of the sectors via automatic route. The nod from FIPB in the Finance Ministry is required in certain sectors like pharmaceutical and defence, which are considered as sensitive areas. At the forthcoming meeting, FIPB will also consider proposals of J P Morgan Asset Marketing (Asia), Touchstone Trust, Blue Star Infotech, Aurbindo Pharma, Hospira Pte Ltd, Sai Life Sciences, Mylan Laboratories Ltd, Centurion Laboratories and Montblanc Services BV, and others.
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