Real Estate

 An industry chamber study estimates that the annual growth rate of the Indian economy by 2015 would touch over 12 per cent, in which the housing and real estate sector would have the potential to grow at 14 per cent per annum and double its contribution to the GDP from the current level of less than one per cent. The housing and real estate sector would generate over four million jobs ... [full story]

Flats and land will cost more from August 1, 2006, with the government jacking up registration charges for lands in urban areas by 10 per cent. The registration and stamps department has also revised construction rates of multi-storied RCC buildings by Rs 40 per square feet in urban areas and notified gram panchayats. Construction cost for ground floor, first floor and second floor of RCC buildings has gone up ... [full story]

India’s Real Estate Industry has grown impressively in the past three years , the real estate business in India  is flourishing. A report by  global  real-estate  consulting group Knight Frank has ranked India 5th in the list of 30 emerging retail  markets. The  Knight  Frank  report  has  also  predicted  an  impressive 20  per cent  growth  for  the organized retail sector in India by 2010. "The organized segment is ... [full story]