Lok Sabha Speaker Om Birla calls for strengthening real estate sector to spur economic growth
5 years, 4 months ago

Lok Sabha Speaker Om Birla calls for strengthening real estate sector to spur economic growth

Firstpost  

Lok Sabha Speaker Om Birla on Monday asked real estate developers to deliver apartments to homebuyers on time without compromising on the quality, while stressing on the need to strengthen the sector for faster economic growth and employment generation New Delhi: Lok Sabha Speaker Om Birla on Monday asked real estate developers to deliver apartments to homebuyers on time without compromising on the quality, while stressing on the need to strengthen the sector for faster economic growth and employment generation. “We need to strengthen the real estate sector, if the country has to achieve faster economic growth. If we want to tackle unemployment in the country, then real estate is the biggest industry to provide employment opportunities,” Birla said. He said real estate law RERA would bring much-needed transparency in the real estate sector.

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Real estate sector will contribute 15% to the GDP and will reach a market size of $1 trillion by 2030: Puri
9 months, 3 weeks ago

Real estate sector will contribute 15% to the GDP and will reach a market size of $1 trillion by 2030: Puri

Hindustan Times  

Housing and Urban Affairs Minister Hardeep Singh Puri said on March 15 that the real estate sector is expected to contribute 15% to the GDP and will touch a market size of $1 trillion by 2030. He also said that a highly matured and developed real estate sector with an estimated market size of $1 trillion by 2030 is needed …

Challenges amid changing trends in real estate
1 year, 4 months ago

Challenges amid changing trends in real estate

The Hindu  

The real estate sector has been grappling with a lot of challenges in the past few years. Even though real estate is the second biggest employment in India and contributes to 7% of the GDP, it still doesn’t have an industry status. Top banks and financial institutions have reduced their exposure to the real estate sector making it difficult for …

Real estate’s GDP boost
1 year, 4 months ago

Real estate’s GDP boost

The Hindu  

As India marches forward on its path to becoming a global powerhouse, one sector stands tall as the vital engine of growth and employment: the real estate industry. During this year’s National Investiture Ceremony of Confederation of Real Estate Developers Associations of India, the Union Minister of Commerce and Industry, Piyush Goyal, acknowledged the role of real estate in India’s …

Real estate growing in Hyderabad, districts, say Credai Telangana new office bearers
1 year, 5 months ago

Real estate growing in Hyderabad, districts, say Credai Telangana new office bearers

Deccan Chronicle  

Hyderabad: Telangana state is on a growth path since its formation and growth is not restricted to just Hyderabad but is also rapidly percolating to the districts, said D. Murali Krishna Reddy, newly elected chairman of Credai Telangana. “The real estate sector has seen a robust demand in Hyderabad and other districts due to the proactive governance and focus on …

Union Budget 2021: From GST reforms to tax breaks, here's what real estate sector is hoping for
3 years, 11 months ago

Union Budget 2021: From GST reforms to tax breaks, here's what real estate sector is hoping for

India Today  

For 38-year-old Pradyuman Singh, the year 2020 could not have come at a worse time. Now with the upcoming Union Budget, I hope that the real estate sector can see some revival and I can find genuine buyers," says Singh who is now venturing into F&B consultancy. "The long-awaited industry status to the real estate sector will greatly impact all …

Budget 2020: Why reviving real estate holds key to boosting growth
4 years, 11 months ago

Budget 2020: Why reviving real estate holds key to boosting growth

India Today  

India's real estate sector has been witnessing a prolonged period of weak sales, resulting in a sharp decline in its contribution to the country's Gross Domestic Product. Rebuilding Real Estate | India Today Insight Despite the government's measures to revive the ailing sector, there has been no positive outcome with just marginal growth of one per cent in 2019. "Some …

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