India has seen two stages of growth since year 2000, the capex led growth from 2002-2009 and the credit led growth from 2009- 2013. Post that, there has been a slowdown resulting from the fight against the cash economy brough in by demonetization and GST. In recent times, most of […]
State To Encourage Banks To Invest In Government Housing Projects
In a bid to revitalise the real estate industry, the Maharashtra government is planning to invite major banks and financial institutions to promote and invest in government housing projects, State Housing Minister Jitendra Awhad said on Friday. Mr. Awhad said, “The real estate industry needs to be promoted and infused with money […]
Government Aid Must For Affordable Housing – Expert
Despite the Ullawas building collapse leaving seven people dead, illegal colonies have continued to crop up around the city in 2019. According to an estimate by the department of town and country planning (DTCP), over 100 illegal colonies, over 450 acres, have mushroomed and thrived in the city in the […]
RERA To Get Judicial Powers to Accelerate Dews
Realty regulator working on a draft to give more power to execute its own orders The Real Estate Regulatory Authority (RERA) in Karnataka may soon have the judicial powers, similar to what is enjoyed by the consumer forum. Taking a leaf out of its counterparts in Madhya Pradesh, Karnataka’s realty […]