Demonetization Effect: Easing of land prices to boost affordable housing

Accommodation Times News Service Anuj Puri, Chairman & Country Head, JLL India Post-demonetization, the affordable housing segment will get a much-needed boost. Confined to the fringe areas of metros, this segment is expected to get a boost as land prices will plummet in the next few years, especially in far-flung areas around

Industry speak: Real estate outlook for 2017

Ashvita Singh Accommodation Times News Service Navin Makhija, Managing Director, The Wadhwa Group: In 2017, the expectation of the buyers and developers ought to rise as the sector has witnessed lots of new government policies. These policies will help the industry to be more organized and will provide a boost to both the

What Affordable Housing Really Means In India?

Kishor Pate, CMD - Amit Enterprises Housing Ltd. Accommodation Times News Service Affordability, especially in the Indian real estate sector, can mean a wide range of things. Specifically, the term holds different meaning for different categories of demographics. Further, there are also several socio-economic variables governing a city or location to consider.

Industry speak: Reaction to Maharashtra RERA draft rules and regulations

Accommodation Times News Service Maharashtra has notified the rules for Real Estate (Regulation and Development) Act, 2016. The draft is open to question and suggestions till 23rd December, 2016 either through email or in post, which may be received by the Principal Secretary, Housing Department, Mantralaya, Mumbai 400 032.  Maharashtra becomes

Demonetisation will not have any impact on the Housing Prices: M Murali

M Murali, Managing Director, Shriram Properties Accommodation Times News Service With the present demonetization move by the Government, the much talked about industry today is real estate industry and the much talked topic is real estate prices. The advent of series of transformational reforms Viz. Demonetization, Real Estate Regulator Bill (RERA), GST, Benami Transactions

Highlights from RBI monetary policy

RBI

Accommodation Times New Services Taking the real-estate industry by surprise, the announcement of RBI monetary policy remained largely uneventful. Following are certain highlights from the monetary declaration: The Reserve Bank of India kept the repo rate unchanged at 6.25%. Reserve repo rate is set at 5.75%. RBI kept short term lending rate unchanged. Retail

Developers thumbs up the inclusion of 27 more cities in Smart Cities Mission

By Accommodation Times News Service The Golden Temple city of Amritsar topped the list of 27 new smart cities announced by the Minister of Urban Development Shri M.Venkaiah Naidu. Eight other cities of pilgrim and tourism importance that made to the third list of smart cities are; Ujjain, Tirupati, Agra, Nashik, Madurai,