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Challenges to Indian Real Estate 2⃣
Corruption
Surprisingly, the Model Real Estate (Regulation of Development) Act is being drafted for a sector that affects every Indian's life. Despite being a source of derision and anguish,
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Realty Update: "The Reserve Bank of India (RBI) is planning to take on lease at least 50,000 square feet of office space in Bandra Kurla Complex (BKC) and South Mumbai."
Source:@Realty_Et@RBI@DasShaktikanta
Realty Update: "The draw of lots for the DDA Special Housing Scheme 2021, which is offering 18,335 flats of different categories at various locations in Delhi, is slated to be held on April 18."
Source:@Realty_Et
Realty Update: "The revenue authorities are yet to execute 708 recovery warrant orders, for a whopping Rs 702.49 Cr, issued by MahaRERA against errant real estate developers across the state in the past four years."
Source:@Realty_Et@MahaGovtRERA@OfficeofUT@CMOMaharashtra
Realty Update: "Institutional investments in real estate jumped over two-fold to $1.1B in the three months ended March 2022 with the opening up of the economy after the third COVID wave, according to property consultant Colliers India."
Source: @Realty_Et@colliers_ind
Realty Update: "The PMRDA has found violation of the Maharashtra Prevention of Fragmentation and Consolidation of Holdings Act at 62 sites from five talukas-Haveli, Maval, Mulshi, Shirur and Khed."
Source: @Realty_Et@OfficialPMRDA@OfficeofUT@CMOMaharashtra
Realty Update: "The state government of Maharashtra issued a circular on Thursday staying the forcible recovery of non-agricultural (NA) tax. The tax was being recovered for the period 2001-2021."
Source: @Realty_Et@OfficeofUT@CMOMaharashtra@UdhavThackeray
Challenges to Indian Real Estate🧐
Indian real estate is one of the largest and most well-known industries in the world, accounting for over 13% of the country's GDP (GDP). By 2030, the sector's market size is estimated to reach $1 trillion.
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Challenges to Indian Real Estate 2⃣
Corruption
Surprisingly, the Model Real Estate (Regulation of Development) Act is being drafted for a sector that affects every Indian's life. Despite being a source of derision and anguish,
1/n
Read the following article to know more👇
https://t.co/UFjOE9OHte
If you liked the article, kindly like and retweet this tweet so that it can help maximum number of people.
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Realty Update: "Godrej Properties, has extended its existing arrangements with Mumbai-based property developer Shivam Realty to develop a residential group housing project, off Akurli crossroad at Hanuman Nagar of Mumbai’s Kandivali suburb."
Source: @Realty_Et@GodrejProp
Indices of Real Estate in India and around the World 2⃣
NHB Residex
The National Housing Bank (NHB) launched the NHB RESIDEX, India's first official housing price index, at the request of the Ministry of Finance of the Government of India.
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Challenges to Indian Real Estate🧐
Indian real estate is one of the largest and most well-known industries in the world, accounting for over 13% of the country's GDP (GDP). By 2030, the sector's market size is estimated to reach $1 trillion.
1/n
Read the following article to know more👇
https://t.co/aTnnrujAQH
If you liked the article, kindly like and retweet this tweet so that it can help maximum number of people.
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