The housing market is one of the most stable and important elements of any modern economy. One of the chief drivers of GDP, it is capable of transforming economic development of the country. As stated by “India Brand Equity Foundation,” a trust established by the Department of Commerce, Indian Ministry […]
Real Estate Sector Yet To Gain Momentum Along Metro Corridor
PUNE: Real estate development along the Metro corridor is yet to gather momentum though 10 months have passed after the state government announced up to 4 floor space index (FSI) on the stretch. “Only two applications have so far been approved for allotting the additional FSI,” said Yuvraj Deshmukh, a […]
RBI Comes Up With Relief For Real Estate Sector
The Reserve Bank of India today announced some measures to boost the real estate sector. “It has been decided to permit extension of date of commencement of commercial operations (DCCO) of project loans for commercial real estate, delayed for reasons beyond the control of promoters, by another one year without […]