REALTY TOP STORIES INDIA...

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Top Stories Budget 2015: Developers may rush for REIT listings to monetise $10 bn realty assets ETRealty There is around $10 billion worth of completed and leased commercial assets in the country that are expected to be monetised.  Read more Budget 2015 allocates Rs 14,000 cr to scheme that aims at building 6 cr houses by 2022 ETRealty The government may soon come up with a National Housing Mission to fulfil Narendra Modi's vision of homes for all by 2022, when India completes 75 years of Independence.  Read more Delhi HC stays trial against real estate firm, directors ETRealty The court interim order was passed on petitions filed by Aditya Infradevelopers Pvt Ltd and its directors -- Virendra Bhatia, his son Sahil Bhatia.  Read more Tax sops may help REITs attract USD 1 bn funds in 2015 ETRealty Real Estate Investment Trusts (REITs) could attract USD 1 billion worth funds this calendar year following tax benefits announced in the Union Budget, according to property consultant JLL India.  Read more 'Budget will curb black deals in housing sector' ETRealty The Budget proposal to prohibit cash transaction beyond Rs 20,000 for purchase of immovable property is likely to cleanse real estate sector of black money in the twin cities of Bhubaneswar and Cuttac..  Read more

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Industry Mumbai chawls redevelopment plan gets MHADA push indianexpress.com State housing department has now proposed an EPC model wherein the MHADA will be the sole implementing agency.  Read more Withdraw GO on green norms: builders www.thehindu.com It stipulated that for apartments with above 100 KW of power consumption, 25 per cent renewable energy should be generated. Another condition is that on the terrace 75 per cent vegetation should be de..  Read more Builder's good offer throws light on bad days of realty indianexpress.com While construction activity is going on those in the business say very few flats are actually being sold.  Read more To achieve infra growth & housing for all, industry demands more relief ETRealty The industry players and government bodies believe that to boost infrastructure and achieve housing for all by 2022, the finance minister should further do some exercise to review the construction sec..  Read more Budget failed to offer incentives to affordable housing sector ETRealty The affordable housing sector was expecting that the Modi govt, like last time, would extend some support to it and iron out the difficulties.  Read more Lucknow plans Connaught Place-like complex in city ETRealty The LDA Board meeting on Friday brought out many offerings for the city including construction of an iconic building in Gomtinagar Extension on the pattern of New Delhis Connaught Place and establi..  Read more Dubai Property Market Coming Down to Earth businessweekme.com undefined  Read more

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Allied Industries Holcim may offer sweetener to sway investors on Lafarge deal-paper ETRealty Swiss cement maker Holcim is considering offering its shareholders a sweetener to win their approval for a planned merger with France's Lafarge , a Swiss newspaper reported on Sunday without citing a ..  Read more Rail Budget Pushes Up Cement Prices, Hits Housing Sector Hard www.newindianexpress.com VIJAYAWADA: The increase in the prices of cement and steel --  following the 2.7 per cent hike in freight charges for cement in the Railway Budget 2015-16.  Read more

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