 |
> New's |
|
| Ahmedabad Property New's |
 |
New real estate Bill will curb fraud, money laundering |
| |
Terming the Real Estate (Regulation and Development) Bill 2013 a landmark legislation aimed at protecting the interests of home buyers. Bill approved by the Union Cabinet is a pioneering initiative to protect the interest of consumers, to promote fair play in real estate transactions and to ensure timely execution of projects. Bill provides for a uniform regulatory environment, to protect consumer interests, help speedy adjudication of disputes and ensure orderly growth of the real estate sector.
|
|
The new real estate mantra: Integrated residential projects |
| |
When you are setting out to purchase the home you always dreamed of and saved for, you obviously wanted something more than just an orphaned, anonymous set of walls in some congested city center. The problem is, that`s all that most residential projects in India offer these days. There is a lot more to the perfect home than good construction, layout and fittings - a residential property needs supporting social and physical infrastructure to become a suitable home. Moreover, the beleaguered city dweller’s heart yearns for the sight of greenery, open spaces and fresh air.
What Are Integrated Residential Projects?
Like integrated townships, this more compact and serviceable model offers home buyers everything they need for a comfortable and healthy lifestyle. Children have enough room to play in, and both they and their parents are free from the stress, noise and pollution of central urban life. Such projects have schools, shopping and entertainment facilities, healthcare and easy access to public transport.
Also (very importantly) they are a boon to people who wish to live in a non-urban environment while attending to their jobs in the workplace catchments of the city. They get a dream location, excellent infrastructure and a lot more.
Residential real estate investors, on their part, can capitalize on the higher demand - and therefore the higher ROI (returns on investment) that such properties offer. The higher investment potential of homes in integrated residential projects stems from the fact that they are self-sufficient and self-sustaining. A direct outcome of this is that the resale value of such properties is as good as immune to market volatility. Because of the diversified nature of such projects, they represent a very low risk to property investors, even while they benefit from the larger upside potential despite low entry costs. |
|
Real estate group showcases Kerala properties in Gujarat |
| |
A Bangalore-based real estate group on Saturday hosted a property exhibition where it hard sold housing and commercial projects in Kerala to the residents of Gujarat. Over 600 luxurious housing units located in urban centres like Kochi, Trivandrum, Trissur and Calicut were showcased mostly to 3.5 lakh Keralites living in Ahmedabad and Surat cities of the state.
|
|
Gujarat's Realty Sector Attracts 41 Percent New Investments |
| |
In the real estate sector across India, Gujarat has attracted a huge share of 41 percent in the new investments during the last fiscal, according to a survey conducted by Associated Chambers of Commerce and Industry of India (ASSOCHAM), reports Times of India.
"The realty sector in India attracted new investments worth over 42,000 crore as of March 2013 which slipped from over 92,600 crore a year ago," according to a real estate sector specific analysis ASSOCHAM.
"While most states have seen a decline in new investments in realty, Gujarat has seen a surge of over 700 percent, as the state attracted investments worth over 17,000 crore as of March 2013, from just over 2,000 crore a year ago," said D S Rawat, national secretary general of ASSOCHAM. |
|
| |
|
|
