Real estate developers have welcomed the government’s decision to make everyone above 18 years of age to be eligible for vaccination against COVID-19 from May 1, saying that it would enable migrant workers, especially construction workers to get vaccinated and help arrest another mass exodus of mi... Read more...
The Delhi Development Authority (DDA) proposed to make modifications to the Master Plan-2021 for incorporating the Green Development Area Policy under Section 11-A of DDA Act 1957. The Policy will encourage ‘green development’, which shall be characterized by prescribed FAR, large wooded and lan... Read more...
Dr Niranjan Hiranandani – National President - NAREDCO How has the post covid world changed in terms of home buying? In the new normal post the Covid-19 pandemic, owning one’s own home is no longer just a dream, but also a vital necessity. The new age millennials have re-defined the conc... Read more...
Dr. Niranjan Hiranandani, National President, NAREDCO What are the reasons for positive sentiments? There is a positive sentiment visible across the economy, and as GDP growth happens through the V-shaped recovery, the aspect of recovery in commercial real estate, especially office spaces, rem... Read more...
Dr. Niranjan Hiranandani, President, NAREDCO The relevance of infrastructure investments by the Government as an integral part of the economy’s bounce-back, as also the aspect of fiscal multipliers being much higher in a recession/slowdown than during peaks were among the important points made ... Read more...
Realty+ Real Talk addressing honest views & opinions, facts & figures for the benefit of all the stakeholders of the industry Quoting Dr. Niranjan Hiranandani, Co-Founder & Managing Director, Hiranandani Communities, President, NAREDCO & ASSOCHAM “A waiver or 50% cut in GST for the... Read more...
According to the 27th Edition of Knight Frank-FICCI-NAREDCO Real Estate Sentiment Index Q4 2020 (October – December 2020) Survey, for the first time in 2020 the 'Current Sentiment Score' entered the optimistic zone at 54 points in Q4 2020, a significant jump of 14 points over the previous quarter.... Read more...
The ‘wish list’ for Union Budget 2021 presented by real estate body NAREDCO, includes measures to combat the economic crisis and result in upward growth trend -: - Rationalization of Tax - Enhancing loan to value (LTV) ratio up to 90 per cent across the board for home loans for affordable hou... Read more...
Dr Niranjan Hiranandani, National President, NAREDCO and Managing Director, Hiranandani Group stated that, “The snowball effect of fiscal impetus has resulted in a positive forecast of India’s GDP growth. Indian real estate remains a predominant driver for employment after agriculture and has a... Read more...
Dr Niranjan Hiranandani, National President – NAREDCO The year 2020 has been unprecedented with the coronavirus pandemic dishing out a volley of challenges globally and India was no exception. The last quarter of FY 19-20 signalled a positive recovery trend in spite of economic slump due to a s... Read more...