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If we want to see a regulated real estate business in India, we need to first identify the role of the Government in the system.
The CII Real Estate Conclave 2011, themed ‘Indian Real Estate Charting a Global Course’, organized in association with Jones Lang LaSalle on June 24, 2011 was a huge success.
The fact that Mumbai has once again been targeted by terrorists begs the question – what are the immediate and long-term implications of this continued focus by disruptive forces on the city?
I don’t see any reason why there has been a general perception that the role of the government is to provide low cost housing unlike private developers.
For working-class home buyers in Mumbai, there aren’t too many…
Real estate developers are often blamed for delay in projects. But the fact of the matter is that it is more often the state parties that are responsible for the delay in project.
Land acquisition has become a very contentious issue these days. There are some states where land acquisition has evoked public protest and at some places these are politically motivated as well.
I cannot help but feel puzzlement at Air India’s sudden decision not to rent out space in what is one of the most valuable real estate assets in the financial capital of Mumbai.
Isn’t it ironical that real estate developers are getting into the role of the government in providing housing & infrastructure and still getting the flak?
In Mumbai, rising costs and lack of space make it unfeasible for residents to move out of aging and often sadly dilapidated housing societies.