The senior housing sector is estimated to reach from US$ 1.26 billion in 2016 upto US$ 7.7 billion by 2030: PHD Chamber

By Accommodation Times Bureau It is necessary to recognize that senior citizens are a valuable resource for the country and create an environment that provides them with equal opportunities, protects their rights and enable their full participation in society. Thus, extending support for senior citizens to ensure their social security, healthcare,

IT sector poised to boom Real Estate

By Accommodation Times Bureau Information Technology Sector is all set to occupy million of sq ft in office space segments as well as in residential segment. Big funding and mnew ventures started by IT players will occupy IT and office spaces across the country. The Indian IT sector is expected to grow

Real Estate industry feels positive with govt easing FDI Norms for the sector

By Accommodation Times News Services The government to revive the Indian real estate sector relaxed foreign direct investment (FDI) norms in construction sector by removing two major conditions related to minimum built up area as well as capital requirement. The real estate sector is likely to get some relief from the easing

NRI Investment in Realty Sector

Accommodation Times News Services Real Estate is gaining ground in Indian Realty sector. The sector is expecting 35 per cent rise as per the current survey. The survey was conducted among nearly 850 real estate developers in Delhi – NCR, Chandigarh, Mumbai, Kolkata, Bangalore, Ahmedabad, Pune, Dehradun and Chennai, due to

Realty sector saw major change during 2005-14: CBRE reports

                By Accommodation Times News Service The real estate market witnessed a significant change in the last decade mainly backed by opening up of FDI in the sector and shift in preference to high-rises over traditional low-rise structures, according to a report. The opening up of the sector to foreign direct investment in

Govt will provide Policy Stimulus to Real Estate Sector : Dr Girija Vyas

By Accommodation Times News Services Delivers Keynote Address at National Convention of CREDAI at Moscow Dr Girija Vyas , Minister for Housing & Urban Poverty Alleviation has stated that the Government will continue to play a pioneering role in providing policy stimulus to real estate sector. She was delivering her

Labour shortage to grow more by 65%: Survey

By Accommodation Times News Service According to a survey done on the labour force in the real estate industry as the workforce is moving from the traditional construction and also real estate sector to service industry like banking, telecom ,IT and ITES which will lead to a shortage of labour to

RBI fails to impress real estate sector

By Accommodation Times Bureau MUMBAI, June 18, 2012: CREDAI national President Mr Lalit Kumar Jain has expressed his disappointment at the RBI maintaining status quo in its credit policy. RBI appears to be sadly ignorant of the importance of real estate sector in the national economy and GDP, Mr. Jain, who is

Cidco gets Rs.650cr for 1 lakh/sq m plot in Navi Mumbai

By Accommodation Times (www.accommodationtimes.com) Mumbai: The City and Industrial Development Corporation (Cidco) has auctioned its two plots in Ghansoli sector8 in Navi Mumbai spread over 9600 sq mtr, it has got a bid of Rs.9,450 per sq ft or Rs.1L. Whereas, Satyam Builders cited Rs 9,450 psf or 1.02 lakh

CM rewarded to Mhada to revamp Daharavi sector5

Eventually State CM Prithviraj Chavan has handed over the much awaited Dharavi redevelopment Rs.60, 000 Cr project to Mhada and not to any private developer. As Dharavi slum has covered the area of 7, 55, 14, 000 sq ft. Survey reports saying that 3, 23, 65,000 sq feet is required to