Posts tagged with Developers

Malls Seek Government Assistance
May 2020 , by in Latest News, News/Views

Mall developers and shopping centre owners have sought immediate relief from the government and financial institutions ax the organised retail industry has suffered losses of over Rs 90,000 crore The assistance demanded includes an extended moratorium on loans, access to short-term financing, a o... Read more...

MNRE auctions only for RTC and hybrid projects
May 2020 , by in ALLIED

The government may now hold renewable energy auctions only for round-the-clock and hybrid projects, a move seen reducing the problem of intermittent supply and making clean power more competitive against traditional thermal plants. Last week, MNRE auctioned a first-of-its-kind 400 MW RTC tender, ... Read more...

Three Years Of RERA and Way Ahead
May 2020 , by in EXPERT ZONE

Jaxay Shah, Chairman, CREDAI National advocated for the following reforms to ease the hurdles faced by developers and buyers   Considering Real Estate sector is the second largest employer in the country, there is a dearth of Pan -India data in regards to the industry. CREDAI being an apex ... Read more...

A Welcome Move For All Developers
May 2020 , by in Realty+ Connect

Sharad Mittal, CEO, Motilal Oswal Real Estate Fund   “The FM has announced a suo moto relief of 6 months for the RERA completion timelines for all projects in all states with an additional window of 3 months that can be granted by the individual state authorities. Considering that proje... Read more...

Need Of The Hour Economic Respite
May 2020 , by in Realty+ Connect

Ashok Mohanani, Chairman, EKTA World & VP NAREDCO, Maharashtra.   “Given the distressed economic environment triggered by the health crisis and the resultant dent in the sentiments of the consumers as well as stakeholders of the sector, the announcement today was the need of the hou... Read more...

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