The National Real Estate Development Council (NAREDCO), an apex real estate body that works under the aegis of the Ministry of Housing & Urban Affairs, Government of India, announces the establishment of its newest chapter, NAREDCO Tamil Nadu. This landmark development marks a significant stride towards promoting sustainable growth and development in the real estate sector of the region.
Several cement companies are set to raise the prices by an average of Rs 10-15 per bag. According to reports, the prices of 50 kg bags in North India will be hiked by Rs 10-15 while the prices in the Western region, are likely to be increased by Rs 20 per bag. The central and eastern regions are likely to experience a hike of Rs 30-40 per bag. The surge in cement prices has sparked widespread concerns within the real estate sector. It has posed a significant challenge for future market dynamics, affecting both the cost structure for developers and the pricing landscape for consumers.
Several reports suggest that various cement companies in India are poised to increase prices by an average of ₹10-15 per bag. In North India, the prices of 50 kg bags will see a hike of ₹10-15, while the Western region may witness an increase of ₹20 per bag
The central and eastern regions are expected to face a more substantial rise, with prices potentially rising by ₹30-40 per bag. This surge in cement prices has raised widespread concerns within the real estate sector, presenting a significant challenge for future market dynamics.
The RBI’s monetary policy committee in its April meeting maintained status quo on policy rates, in line with market expectations. This move towards maintaining stability in lending rates bodes well for the real estate sector, which has been consistently growing.
NEW DELHI: India's first Small and Medium Real Estate Investment Trust (SM-REIT) is expected to be listed on stock exchanges within the next six months, enabling small investors to have fractional ownership of rent-yielding properties by investing as low as Rs 10 lakh, according to NAREDCO.
जमीन-जायदाद के विकास से जुड़ी कंपनियों के शीर्ष निकाय नारेडको ने कहा है कि देश के पहले लघु और मझोले रियल एस्टेट निवेश ट्रस्ट (रीट) के अगले छह महीने के भीतर शेयर बाजारों में सूचीबद्ध होने की उम्मीद है। इसमें छोटे निवेशक महज 10 लाख रुपये का निवेश कर किराये पर लगने वाली संपत्तियों में आंशिक स्वामित्व हासिल कर सकेंगे।
जमीन-जायदाद के विकास से जुड़ी कंपनियों के शीर्ष निकाय नारेडको ने कहा है कि देश के पहले लघु और मझोले रियल एस्टेट निवेश ट्रस्ट (रीट) के अगले छह महीने के भीतर शेयर बाजारों में सूचीबद्ध होने की उम्मीद है। इसमें छोटे निवेशक महज 10 लाख रुपये का निवेश कर किराये पर लगने वाली संपत्तियों में आंशिक स्वामित्व हासिल कर सकेंगे।
जमीन-जायदाद के विकास से जुड़ी कंपनियों के शीर्ष निकाय नारेडको ने कहा है कि देश के पहले लघु और मझोले रियल एस्टेट निवेश ट्रस्ट (रीट) के अगले छह महीने के भीतर शेयर बाजारों में सूचीबद्ध होने की उम्मीद है। इसमें छोटे निवेशक महज 10 लाख रुपये का निवेश कर किराये पर लगने वाली संपत्तियों में आंशिक स्वामित्व हासिल कर सकेंगे।
India's first Small and Medium Real Estate Investment Trust (SM-REIT) is expected to be listed on stock exchanges within the next six months, enabling small investors to have fractional ownership of rent-yielding properties by investing as low as Rs 10 lakh, according to NAREDCO.
