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Featuring in June 2014 Issue

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Industry Wish-List for consideration by New Union Government The real estate industry is the second largest contributor to the country’s GDP and is also one of the biggest employment generator, second only to agriculture sector. But policy paralysis coupled with dampened economic sentiments – domestic as well as global – contributed to restrained growth of the industry over the past 3-4 years. While the country was engaged in a fierce election campaign that clearly echoed the sentiments of “change” with ... Read more
Hunting Property Made Easy Through Portals & SmartApps Property-search websites were a logical outcome of several city-specific property AD tabloid weeklies, but the past decade has seen the coming of several real estate portals and websites with a plethora of information and these have made the task of searching, short-listing, finalizing and executing property deals a lot more easier. A recent addition is the infusion of Smart Applications based on interactive technology to the mobile phones and ... Read more
Overall PE Investment in Real Estate Up 2.5 times in Q1, 2014 Global Real Estate Consultancy, Cushman & Wakefield’s latest report on private equity (PE) investments in real estate revealed total inflows in India’s real estate sector for the first quarter of 2014 were recorded at INR 2,800 crore (USD 460 million), witnessing an increase of 28% compared to the previous quarter and nearly 2.5 times the investment in Q1 2013. The healthy increase was due to increasing investments in leased office assets ... Read more
High Expectations of the Good Days Ahead... Achche Din Aa Gaye? We hail the NDA’s clean sweep of the Lok Sabha polls and Indian realtors apex body CREDAI appeals to the Narendra Modi government to immediately take up the much-needed realty reforms. The outcome of elections is a good omen and gives us a ray of hope in the otherwise dark era witnessed previously. CREDAI had submitted detailed proposals to the previous government to achieve the goal of “housing for all, affordable housing and rejuvenating the... Read more

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