sector

The Central government has identified 100 cities across the country for infrastructure development under the Smart City Mission. Infrastructure is a key driver of the economy of a country and is known to play a pivotal role in determining the value of properties in any particular region. Lack of road, rail or air connectivity to [...]

Nirmala Sitharaman made important announcements about the education and skill development sectors in her budget speech on February 1, 2020. (Photos: India Today/Vikram Sharma and Lok Sabha TV) Finance Minister Nirmala Sitharaman announced an allocation of Rs 99,300 crore for the education sector and Rs 3000 crore for skill development in her 2020-2021 Union Budget [...]

Join us for our latest TUPE Club webinar, focussing on the key considerations on TUPE in the commercial real estate sector. During the webinar we’ll talk about: The basics of TUPE How and when TUPE matters in the commercial real estate sector, with a focus on: Buying / selling property Grant, termination or assignment of [...]

Home Minister Amit Shah on August 5 proposed the scrapping of Article 370 that accords special status to Jammu and Kashmir. The Centre informed Parliament that the state of Jammu and Kashmir (J&K) would be bifurcated into two Union Territories (UTs) – Jammu and Kashmir would become a Union Territory (UT) with a legislature while [...]

Reduction in repo rate by another 25 basis points will bring down construction finance costs and ease out home loan rates, giving yet another boost to the real estate sector. Since February 2019, RBI has cut the repo rate by 50 basis points, bringing it down to the April 2018 level of 6 per cent. [...]

Driven by reforms: Weaker players exit, quality players will benefit, doubling their market share to 20% by FY24 The real estate sector is headed for consolidation with the organised players expected to gain, driven by reforms such as Rera which is improving transparency and raising consumer activism on account of poor delivery by builders. A [...]

Richest Indian families The total wealth of top 100 Indians in the real estate sector stood at Rs 236,610 crore – up by 27 percent against 2017, says the GROHE Hurun India Real Estate Rich List 2018. The financial capital of India, Mumbai dominates the list followed by New Delhi and Bengaluru. In Fact, the [...]

NEW DELHI: There would be “revolutionary changes” in education sector with the use of technology and the Internet in the future, BJP general secretary Ram Madhavsaid today, and asked whether teachers were ready to face the challenge. “Ten years from now, you will be seeing a totally different education in the world. There won’t be classrooms any more. You need [...]

Prime Minister Narendra Modi held talks with Russian President Vladimir Putin on Monday and discussed ways for boosting bilateral trade and investment, especially in the oil and natural gas sector. The two leaders met in this southeastern Chinese city on the sidelines of the BRICS Summit. “The two sides basically touched upon several aspects of [...]

The main highlight of the Budget 2017-18, presented by the Union finance minister on February 1, 2017, in the education sector is the move to enable students to access high-quality education resources. The government has decided to use DTH channels to provide at least 350 online courses available on the ‘Swayam’ platform to students. Currently, [...]

JAIPUR: The Rajasthan government on Friday appointed additional chief secretary (ACS) of urban development and housing (UDH) department as the regulatory authority for real estate sector. The decision was taken as the central law empowers the state government to designate any officer as regulatory authority till a full-fledged regulatory authority is established for grievance redressal [...]

JAIPUR: The Rajasthan government on Friday appointed additional chief secretary (ACS) of urban development and housing (UDH) department as the regulatory authority for real estate sector. The decision was taken as the central law empowers the state government to designate any officer as regulatory authority till a full-fledged regulatory authority is established for grievance redressal [...]