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Featuring in December 2014 Issue

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Rise in FAR The recent decision of urban development minister M Venkaiah Naidu to enhance the ground coverage and Floor Area Ratio (FAR) in Delhi has been welcomed by a large number of developers and property brokers. In the decision, the government has increase FAR in respect of plots of 750 sq mt to 1000 sq mt size from the present 150% to 200% and for plots of 1,000 sq mt and above, from 120% to 200%. While the ground coverage for plots of 750 sq mt 1,... Read more
A blueprint for Progress Inaugurating the ninth edition of the annual Confederation of Real Estate Developers’ Associations of India (CREDAI) Conclave 2014, comprising over 900 members on Clean India- Skilled India-Strong India, Hon’ble Minister of Urban Development and HUPA, Venkaiah Naidu lauded the body for taking up the issue of skill development for the sector  as the theme of the conclave. Assuring CREDAI of complete support, Naidu praised the nodal body for... Read more
How to boost funding in  Real Estate The current, NDA government has time and again voiced its intention to provide “Housing for all by 2022”, a task that entails building 10 crore houses in 8 years with an investment of USD 2 Trillion. To meet this, Union Budget has taken many initiatives to boost housing. Beyond extending the income deduction on housing loans, it has allocated `8,000 crore to the Rural Housing Fund, run by National Housing Bank (NHB) and an additional `4,000 cr... Read more
Uttar Pradesh Real Estate Round Up 2014 In a unique effort, Estate Avenue presents the Uttar Pradesh Real Estate Round Up 2014, acquainting readers in depth with the real estate market of Uttar Pradesh, a state about which renowned writer Ruskin Bond once wrote, “I had been to other countries—in Europe, Asia and the Middle East—but none of them had provided even half as much variety, or so much to see and experience and remember, as this one State in northern India. You can travel fr... Read more

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