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National Real Estate Development Council in its 13th Annual General Meeting (AGM) on 24th Sep, 2011 at India International Centre (IIC), New Delhi elected Navin M Raheja as President and Sunil Dahiya Dahiya as Senior Vice President.
Retail chains across the country are signing up for space in a big way, after a long pause that had followed the economic downturn.
The south Indian hospitality market would see an addition of 14,500 new rooms in 178 star hotels across southern states by the end of year 2012.
Diversified conglomerate Larsen and Toubro (L&T) is set to build India’s first residential high-rise building on a pre-cast basis, a move that may introduce a structural change in the real estate market.
CREDAI, Hyderabad has given a number of suggestions, including developing townships in the peripheral areas, strengthening the transportation system, to help the GHMC fine-tune the proposed master plan.
The demand for office space in Chennai is expected to dip, with an expected slowdown in North American and European countries affecting the information technology sector.
The Confederation of Real Estate Developers’ Association of India (CREDAI) Orissa presented a cheque of Rs.5,01000/- for flood victims to the Chief Minister Naveen Patnaik.
Punjab’s first planned eco city, christened New Chandigarh by the State Government, has started to buzz with the major real estate developers and housing societies.
Union minister for housing and urban poverty alleviation Kumari Selja has said that the Centre is expected to bring the real estate regulator bill in the winter session.
Sunil Bharti Mittal, the poster boy of Indian telecom, has ambitious plans in the Indian real estate.