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Construction & Infrastructure News

Indian Real Estate Sector Set to Reach Market Size of US$180bn by 2020

May 2018

CREDAI in association with their knowledge partner JLL jointly unveiled a report titled ‘Traversing Through The Epic, Predicting The Curve’ at CREDAI...

CREDAI, Epic, JLL, GDP, Real estate, RERA, GST, FDI, REIT, IoT, Getamber Anand, Jaxay Shah Ramesh Nair

Supreme Court Lifts Construction Ban in Mumbai will help development momentum in the city

May 2018

In a welcome relief to the real estate community, the Supreme Court has lifted the stay on the construction of new buildings after three-long years....

Real estate, BMC, MHADA buildings, Ramesh Nair, JLL India, Construction, Supreme Court Lifts Construction Ban

Essar completes sale of Equinox Business Parks to Brookfield for Rs 2,400 crore

May 2018

Essar has announced that it has completed the sale of Equinox Business Parks, its commercial property in Mumbai’s Bandra-Kurla Complex, to Brookfield...

Essar, Brookfield Asset Management, Equinox Business Park, Tata Communications, Experian, Crompton Greaves, Lafarge, Ankur Gupta

Mumbai DP 2034 receives the government’s nod. CW captures industry reactions…

May 2018

The government’s approval on the long-pending Mumbai DP 2034 is a welcome move. The DP is likely to spur real estate activity in the city and also pa...

Real estate, Mumbai DP 2034, NDZ, FSI, NAREDCO, Niranjan Hiranandani, GDP growth, CREDAI National, Devendra Fadnavis, Mayur Shah, CREDAI MCHI, Marathon Group, Sanjay Gandhi National Park, Aarey Colony, MCGM

A year on, RERA proves to be promising

May 2018

A year since it was notified in terms of all its provisions, the Real Estate (Regulation and Development) Act, 2016 (RERA) has brought in transparenc...

RERA, Real estate, Dr Niranjan Hiranandani, NAREDCO

RERA ensures transparency and efficiency in the market, says Tushad Dubash, Director, Duville Estates

May 2018

'Implementation of policies like RERA and GST last year had a significant effect on the real estate industry, and it brought about a substantial shif...

RERA, GST, Duville Estates, Tushad Dubash

RERA has brought about financial and development discipline among developers, says Kishore Bhatija, MD-Real Estate Development, K Raheja Corp

May 2018

RERA has been a revolution for the real estate sector, transforming the very fabric of the industry. Completing a year since its enforcement, most of...

RERA, Real estate, Transformation, K Raheja Corp, Kishore Bhatija

The resurrection of the Indian real estate rests on the long-term benefits of structural reforms such as RERA, says Shishir Baijal, CMD, Knight Frank India

May 2018

The Real Estate (Regulation and Development) Act, 2016 that became a reality last year is a path-breaking law, with immense potential to revive buyer...

Knight Frank India, Shishir Baijal, Real Estate
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