• Housing for all by 2022

    Dec 11, 14 • real estateNo Comments
    Housing for all by 2022

    To have significant impact in achieving the objective of Housing for All by 2022, the Confederation of Real Estate Developers’ Associations of India (CREDAI) has shared a summary of a few key recommendations to the Ministry of Urban Development, Housing and Urban Poverty Alleviation (MoHUPA). These recommendations are consistent with the ones of the three ...

  • Building a new India

    Dec 11, 14 • real estateNo Comments
    Building a new India

    Sanjay Dutt briefs us on the expectations from the new Government for the real estate sector and hopes new policies will be framed for a better tomorrow In the last couple of years, the Indian economy has witnessed a slowdown across various sectors, resulting in the GDP growth slipping to 4.7% in 2013 from 9.7% ...

  • Chennai A New Metropolis

    May 20, 14 • real estateNo Comments
    Chennai A New Metropolis

    Chennai city is governed by the corporation of Chennai, erstwhile Corporation of Madras which was established in 1688. The government has taken an initiative of expanding the city limits to decentralise the city more towards the suburbs. The area of jurisdiction of the Corporation of Chennai expanded to 426 sq km from 174 sq km ...

  • Policy Paralysis in Housing Sector

    May 19, 14 • real estateNo Comments
    Policy Paralysis in Housing Sector

    A report by McKinsey Global Institute stated that Indian cities by 2030 will generate 70 per cent new jobs, more than 70 per cent of India’s GDP and 85 per cent of the tax revenue that will finance development and drive a four-fold increase in per capita income. As many as 590 million people will ...

  • Country Needs Robust Master Planning

    May 19, 14 • real estateNo Comments
    Country Needs Robust Master Planning

    With urban population in our cities expected to cross the 600 million mark by 2030, it is imperative that our cities have the necessary infrastructure to support the exponential growth. The infrastructure would mean construction of a number of dwelling units for the ever-burgeoning population, construction of new commercial spaces for increased economic activities and ...

  • A New Beginning

    May 19, 14 • real estateNo Comments
    A New Beginning

    As major cities, both metro and others, in India are burying under the pressure of swelling population and incurable civic problems, building new satellite towns seem to be the only way out to save our big cities from total anarchy. Though the Government has finally woken up to formulate schemes and plans to develop more ...

  • Demographic Characteristics

    Nov 4, 13 • real estateNo Comments
    Demographic Characteristics

    Bengaluru has been witnessing industrialisation way back from early 20th century when the princely state of Mysore took pioneering steps to promote industry in the state sector. During the post-Independence period, Bengaluru attracted massive investments from the Government of India (GoI) for building large-scale knowledge-based public sector research and production facilities as well as the ...

  • Bengaluru Silicon Valley of India

    Nov 4, 13 • real estateNo Comments
    Bengaluru Silicon Valley of India

    Immense talent pool, best educational institutes and medical care facilities and high quality of living Bengaluru is one of the premier cities of India and the face of country on global arena. Globally, it has tremendous brand value and has created position of its own in the field of IT/ITeS, residential and commercial space. Post-Independence, Karnataka ...

  • Real estate growth drivers

    Nov 3, 13 • real estateNo Comments
    Real estate growth drivers

    The software boom has been instrumental in shaping the demand for corporate/ office spaces in the city. A large number of multinational companies have occupied prime corporate/ office spaces in and around the CBD. To meet the demand of software industry, the Karnataka government promoted the Electronic City located at south of Bengaluru about 25 ...

  • Regional Profile

    Jun 6, 13 • real featuresNo Comments
    Regional Profile

    The entire region has been planned carefully and has, of late, been identified as one of the biggest expert townships having a perfect IT/ITES position and is one of the best residential destinations in India. The region observes large number of construction projects which offer quality housing and office spaces that are equipped with modern ...