The document discusses the Real Estate (Regulation & Development) Act and its provisions. It summarizes that the Act aims to regulate and promote the real estate sector by establishing regulatory authorities, introducing registration requirements for projects, defining responsibilities of promoters, and providing protection to home buyers. Key points include mandatory registration of real estate projects, specification of carpet area, restriction on use of funds, fast-track dispute resolution, and establishment of appellate tribunals. The Act aims to increase transparency and accountability in the real estate sector.
New Economic Zones could be a major driver of economic growth and job creation and could be a major factor in lifting Bangladesh into a middle-income country status by 2021.
BEZA was established to facilitate the development and operation of the economic zones throughout the country. The main objective of BEZA is to act as a change agent for faster economic growth by creating investment friendly environment and attracting FDI. We are encouraging private sector to establish economic zones. We are devoted to offer One-Stop Services and competitive incentive packages to the investors.
Objectives of BEZA, Why Bangladesh is your optimal
Destination for investment
How Bangladesh is attractive ,BEZs are Regionally Competitive…, Incentives for Unit Investors,Non-Fiscal Incentives, Comparative Income tax/ Corporate Tax exemption for Developer,Potential Sectors For Investment In Economic Zones,BEZA accomplished in the last one year several milestones …Status of Private EZs Development
Proposed Sabrang Tourism SEZ, Teknaf , Coxs-Bazar under Bangladesh Economic Zones Authority of Prime Minister's Office of Bangladesh. This tourism SEZ will be first planned EZ in Bangladesh for recreation of tourist with all modern facilities. beautiful Bangladesh
Real(i)ty 1.0 "RERA- A Game changer: Short term pain, but long term gain for ...Abhinav Jindal
Real Estate Centre of Excellence (RE-CoE) has been formed with an idea to disseminate Industry insights & share best market practices through periodic theme based newsletters and conducting lectures & panel discussions with various RE Industry experts.
Team RE-CoE, Edelweiss brings to you its maiden theme based newsletter Real(i)ty on the topic of Real Estate (Regulation and Development) Act.
Welcome your suggestions, comments and thoughts on - re.coe@edelweissfin.com
New Economic Zones could be a major driver of economic growth and job creation and could be a major factor in lifting Bangladesh into a middle-income country status by 2021.
BEZA was established to facilitate the development and operation of the economic zones throughout the country. The main objective of BEZA is to act as a change agent for faster economic growth by creating investment friendly environment and attracting FDI. We are encouraging private sector to establish economic zones. We are devoted to offer One-Stop Services and competitive incentive packages to the investors.
Objectives of BEZA, Why Bangladesh is your optimal
Destination for investment
How Bangladesh is attractive ,BEZs are Regionally Competitive…, Incentives for Unit Investors,Non-Fiscal Incentives, Comparative Income tax/ Corporate Tax exemption for Developer,Potential Sectors For Investment In Economic Zones,BEZA accomplished in the last one year several milestones …Status of Private EZs Development
Proposed Sabrang Tourism SEZ, Teknaf , Coxs-Bazar under Bangladesh Economic Zones Authority of Prime Minister's Office of Bangladesh. This tourism SEZ will be first planned EZ in Bangladesh for recreation of tourist with all modern facilities. beautiful Bangladesh
Real(i)ty 1.0 "RERA- A Game changer: Short term pain, but long term gain for ...Abhinav Jindal
Real Estate Centre of Excellence (RE-CoE) has been formed with an idea to disseminate Industry insights & share best market practices through periodic theme based newsletters and conducting lectures & panel discussions with various RE Industry experts.
Team RE-CoE, Edelweiss brings to you its maiden theme based newsletter Real(i)ty on the topic of Real Estate (Regulation and Development) Act.
Welcome your suggestions, comments and thoughts on - re.coe@edelweissfin.com
Real estate is "property exist of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this an item of real property,buildings or housing in general.
Unlocking the potential for growth through reforms - Indian real estate secto...Misbah Hussain
Through the second edition of this annual handbook we have attempted to provide real estate stakeholders a high-level view of the key developments around the regulatory environment along with a snapshot of the investment scenario in 2012.
This PowerPoint presentation explores the compelling reasons to invest in commercial real estate in Noida, a flourishing city in India. With its rapid growth as a commercial hub, Noida offers immense potential for investors seeking lucrative opportunities. The presentation highlights the rising demand for office spaces and retail outlets, the city's robust infrastructure, favorable government policies, and the potential for a high return on investment (ROI). By showcasing Noida's vibrant commercial landscape and the advantages of partnering with InspireTech Realty, this presentation aims to inspire investors to capitalize on the booming real estate market in Noida.
Industry Review on Real Estate Sector in India.pptxkanhaa5587
The real estate sector in India is a dynamic and rapidly growing industry driven by various factors. With a population of around 1.38 billion and expected to surpass China by 2030, India's economic transformation has positioned it as a promising business environment, particularly in the services sector. The sector has witnessed significant growth, with real GDP averaging 6% per annum since 1992, making India an attractive destination for property investors due to its favorable demographics and strong economic growth.
Historically, the real estate sector in India was unorganized, characterized by challenges like lack of transparency, absence of centralized title registry, and financing issues. However, recent years have seen a shift towards greater organization and transparency, driven by regulatory reforms and government support for repealing outdated acts like the Urban Land Ceiling Act.
Key drivers of demand in the Indian real estate market include rising disposable incomes, increased urbanization, and the growth of the IT and ITES sectors, which have led to a surge in demand for residential and commercial properties. The residential sector is expected to continue demonstrating robust growth, supported by factors like housing finance penetration and tax incentives. Additionally, the commercial real estate sector has seen growth fueled by increased revenues in sectors like IT and ITES, leading to a demand for commercial spaces.
The industry is witnessing a gradual shift in financing methods, with private debt and bank lending emerging as significant sources of real estate finance. Moreover, the sector has attracted substantial private equity investments, with FDI inflows contributing significantly to the growth of the real estate market in India. The government's policy support, including allowing up to 100% FDI for townships and settlements development projects, has further boosted private investment in the sector.
Overall, the real estate industry in India presents a mix of challenges and opportunities, with the sector evolving towards a more regulated and transparent environment. The market is expected to continue its growth trajectory, with increasing investments, policy support, and changing consumer trends shaping the future landscape of real estate in India.
India GRI is a get-together of senior international and local real estate investors, lenders and developers active in India. View the discussion summaries from the event compiled by Cushman & Wakefield. View the current edition of India GRI here: www.indiagri.com
EXOTICA” is one of Delhi / NCR's leading Infrastructure Company. It has launched many projects in the past which have been a huge success. Exotica always believes in providing excellent quality and total commitment.
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The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
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Real estate is "property exist of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this an item of real property,buildings or housing in general.
Unlocking the potential for growth through reforms - Indian real estate secto...Misbah Hussain
Through the second edition of this annual handbook we have attempted to provide real estate stakeholders a high-level view of the key developments around the regulatory environment along with a snapshot of the investment scenario in 2012.
This PowerPoint presentation explores the compelling reasons to invest in commercial real estate in Noida, a flourishing city in India. With its rapid growth as a commercial hub, Noida offers immense potential for investors seeking lucrative opportunities. The presentation highlights the rising demand for office spaces and retail outlets, the city's robust infrastructure, favorable government policies, and the potential for a high return on investment (ROI). By showcasing Noida's vibrant commercial landscape and the advantages of partnering with InspireTech Realty, this presentation aims to inspire investors to capitalize on the booming real estate market in Noida.
Industry Review on Real Estate Sector in India.pptxkanhaa5587
The real estate sector in India is a dynamic and rapidly growing industry driven by various factors. With a population of around 1.38 billion and expected to surpass China by 2030, India's economic transformation has positioned it as a promising business environment, particularly in the services sector. The sector has witnessed significant growth, with real GDP averaging 6% per annum since 1992, making India an attractive destination for property investors due to its favorable demographics and strong economic growth.
Historically, the real estate sector in India was unorganized, characterized by challenges like lack of transparency, absence of centralized title registry, and financing issues. However, recent years have seen a shift towards greater organization and transparency, driven by regulatory reforms and government support for repealing outdated acts like the Urban Land Ceiling Act.
Key drivers of demand in the Indian real estate market include rising disposable incomes, increased urbanization, and the growth of the IT and ITES sectors, which have led to a surge in demand for residential and commercial properties. The residential sector is expected to continue demonstrating robust growth, supported by factors like housing finance penetration and tax incentives. Additionally, the commercial real estate sector has seen growth fueled by increased revenues in sectors like IT and ITES, leading to a demand for commercial spaces.
The industry is witnessing a gradual shift in financing methods, with private debt and bank lending emerging as significant sources of real estate finance. Moreover, the sector has attracted substantial private equity investments, with FDI inflows contributing significantly to the growth of the real estate market in India. The government's policy support, including allowing up to 100% FDI for townships and settlements development projects, has further boosted private investment in the sector.
Overall, the real estate industry in India presents a mix of challenges and opportunities, with the sector evolving towards a more regulated and transparent environment. The market is expected to continue its growth trajectory, with increasing investments, policy support, and changing consumer trends shaping the future landscape of real estate in India.
India GRI is a get-together of senior international and local real estate investors, lenders and developers active in India. View the discussion summaries from the event compiled by Cushman & Wakefield. View the current edition of India GRI here: www.indiagri.com
EXOTICA” is one of Delhi / NCR's leading Infrastructure Company. It has launched many projects in the past which have been a huge success. Exotica always believes in providing excellent quality and total commitment.
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The KA Housing - Catalogue - Listing TurkeyListing Turkey
Welcome to KA Housing, a distinguished real estate development nestled in the heart of Eyüpsultan, one of Istanbul’s most promising districts.
Just 10 minutes from the bustling city center, Eyüpsultan offers a serene escape with the convenience of urban living. The direct metro line ensures seamless connectivity to all parts of Istanbul, making it an ideal location for residents who seek both tranquility and vibrancy.
KA Housing boasts unparalleled accessibility, with proximity to Istanbul Airport only 30 minutes away, facilitating easy international travel. Effortless city access is guaranteed by direct metro and transportation links to Istanbul’s cultural and commercial hubs. Quick access to key metro lines connects you to every corner of the city within minutes, making commuting and exploring the city hassle-free.
The development offers luxurious living spaces with a range of unit layouts from 1+1 to 4+1, designed with meticulous attention to detail. Each unit features balconies or terraces, providing stunning vistas of Istanbul and enhancing the living experience. High-quality materials and superior craftsmanship ensure durability and elegance, while sound-proof insulation and high ceilings (2.95 m) offer comfort and sophistication.
Residents of KA Housing enjoy exclusive on-site amenities, including a state-of-the-art gym, outdoor swimming pool, yoga area, and walking paths. Entertainment options abound with a private cinema, children’s playground, and a variety of dining options including a café and restaurant. Security and convenience are paramount with 24/7 security, a dedicated carpark garage, and an IP intercom system.
KA Housing represents a prime investment opportunity with limited availability in a high-demand area, ensuring enduring value and potential for lucrative returns. Homes in this development provide exceptional value without compromising on quality, offering affordable luxury for discerning buyers. The construction is of the highest quality, built to the latest seismic and disaster resistance standards, ensuring safety and resilience.
The community and surroundings of KA Housing are enriched by close proximity to prestigious universities such as Haliç University, Bilgi University, and Istanbul Ticaret University, making it an ideal location for students and academics. The development is adjacent to the Alibeyköy stream leading into the Halic waters, offering serene natural escapes amidst lush greenery. Residents can enjoy the cultural richness of the area, surrounded by historical and cultural landmarks that blend leisure, nature, and culture seamlessly.
https://listingturkey.com/property/the-ka-housing/
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Torun Center Residences Istanbul - Listing TurkeyListing Turkey
THERE IS LIFE IN ITS CENTER!
The most energetic spot of the city that will add utterly different pleasures to your life, with a park that will make Istanbul breathe, delighting indoor and outdoor bistros, cafes, restaurants, the brand-new Food Hall concept, where dozens of unique tastes are served together, market area, cinema, theater, fitness club, SPA and event venue...
All the pleasures that will enrich your lives are awaiting you on the most beautiful side of the city, at Torun Center Residences. In Mecidiyeköy, where the heart of Istanbul beats, business, life and entertainment opportunities are located at the exact center, at Torun Center, the most beautiful side of the city.
Penthouse apartments and different styles of flats from 1 + 1 to 4 + 1, from 100 to 425 square meters in a 42-story residence tower, have been designed for those who want to live in the center of magnificence. Torun Center is the redefinition of a better life with specially landscaped floor gardens, apartment options with private balconies, and automatic glass systems equipped with Trickle Ventilation that offers clean air comfort.
Business and life in the same place
Excellent service
Torun Center has many delightful details, from a swimming pool to sunbathing and resting terrace. With 24/7 concierge services, 24/7 security, valet, technical service, closed-circuit camera system (CCTV), central heating and cooling system, it makes your life easier.
Delightful details
The two-story Torun Center Lounge, with its indoor and outdoor seating areas, children's playroom, private dining and TV lounge, promises unforgettable memories to you and your loved ones with its unique Istanbul view.
Neighboring to the most pleasant square of Istanbul
A few steps from the Torun Center Residences, you can reach the city's most modern city square and open the doors of a quality city life. Torun Center Residences brings together on the same project the long-awaited city life for Istanbul and gourmet restaurants, cafes, gym and SPA, and state-of-the-art cinema and Artı Stage, hosting the most famous plays of the season.
Located at the intersection of alternative public transportation options such as the metro and Metrobus, Torun Center comes to the fore as the most accessible office for both sides of Istanbul. With a central location and rich transportation lines, Torun Center offices make life easier for employees and increase productivity.
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...JagadishKR1
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Omaxe Sports City Dwarka stands out as a premier residential and recreational destination, offering a blend of luxury and sports-centric living. Located in the thriving area of Dwarka, this project by Omaxe Limited is designed to cater to modern lifestyle needs while promoting a healthy, active living environment.
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Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
One of the standout features of Tersane Suites Residences is the Rixos management, which provides a truly exclusive and upscale living experience. Residents will have access to a range of luxury amenities, including a fitness center, spa, and indoor and outdoor swimming pools. Plus, the on-site restaurants and cafes provide a taste of the local and international cuisine.
The Tersane Suites Residences also offers a great opportunity for investors, as it provides a rental guarantee program. This means that investors can enjoy a steady income stream, with the peace of mind that their property is being managed by a reputable and experienced team.
The location of Tersane Suites Residences is also unbeatable, with easy access to the city’s main transportation links and within close proximity to the historic center, making it the perfect base for exploring all that Istanbul has to offer.
Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
Referans Bahcesehir which is being constructed, in the center of the most regional destination as Bahçeşehir, shines out with its central location and unique landscape including social facilities such as a fitness center, sauna, sports facilities, children’s playground and recreational areas.
Not only drawing attention for immediate surroundings including commercial centers and private schools but also providing the easily accessible location with closeness to Tem Highway and connection roads, ongoing construction of 3rd Bridge Connection roads and Metro Projects
Bahcesehir is a rising value in the great city of Istanbul… Located at a new transportation junction in the northwest of the City… Located at such a spot that the access roads for the 3rd bridge and for the 3rd Airport will reach the region in 2016. The Marmaray and the Subway will extend all the way to Referans Bahcesehir respectively in 2018 and 2019.
465 flats and 34 stores are designed with an outstanding approach and arranged with a unique perspective offering the following options: 1 plus 1, 2 plus 1, 3 plus 1, 3.5 plus 1, 4 plus 1, and 4.5 plus 1. It is planned so as to safeguard you and your loved ones based upon a modern, technological safety approach. As you experience the joy and luxury here, you will be content and feet at ease.
It is worth seeing both inside and outside with heart-warming cafes, tasty restaurants and elegant stores… And it is ready to offer a vivacious social life with a warm and cozy space design.
A folding swimming pool and indoor swimming pools, playgrounds, Turkish bath, sauna… It has them all. Everything you need for your well-being and for having a pleasant time will be at your service. You simply need to align the rhythm of life with the rhythm of Referans Bahcesehir.
https://listingturkey.com/property/referans-bahcesehir/
One FNG by Group 108 Sector 142 Noida Construction UpdateOne FNG
One FNG by Group 108 is launching a new commercial project in Sector 142 Noida. Office space and high street retail shops on the FNG and Noida Expressway. For more information visit the website https://www.onefng.com/
Flat available for sale
Location- Tupudana, Ranchi
Savitri enclave
Area- 3BHK
Rate- 4000/sq.ft.
Super Build Up Area-1629 sq.ft.
Build-up area-1253 sq.ft.
Rate- 65lakh16k(approx)
Floor available- Flat available in all floor(G+12)
Balcony- 2
Washroom- 2
Parking - CAR PARKING
Amenities- Joggers track,temple, children's park,gym,banquet hall (5 Lakh)
Possession year (Handover year)- Dec 2025
Outside View from the apartment and flat balcony is very beautiful.
For more information contact AASHIYANA STAR PROPERTIES
7766900371
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
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2. Real Estate and the housing sectors were highly unregulated
sectors
Lack of transparency in projects
No proper information about the builder
Lack of remedies available to the buyers
3. REGISTRATION
4. Consequence
1. Debar the promoters from accessing
the its website in relation to that project
2. Specifying his name in list of defaulters
3. Display his photograph on its website
and inform the other RERA.
4. Direct the bank to freeze the account
1. Time limit for registration
For ongoing Projects – 3 months from
commencement of this Act
For new projects - 30 days
3. Revocation
1. On complaint
2. Suo moto
Where promoters makes default or
violates any terms or conditions of the
approval or promoters involved in any
kind of unfair practice.
2. Exceptions
1. Area of land < 500 Sq. Meters
2. No. Of apartments < 8
3.In case of Renovation/ Repair/Re-
development
Registration
Regulations are into force now
4. PROTECTION OF BUYERS
The Act prohibits unaccounted money from being pumped into the sector.
As now, 70 per cent of the money has to be deposited in bank accounts through
cheques.
A major benefit for consumers included in the Act is that builders will have to
quote prices based on carpet area and not super built-up area
Carpet area has been clearly defined in the Act to include usable spaces like
kitchen and toilets.
5. REAL ESTATE REGULATORY
AUTHORITY AND APPELLATE TRIBUNAL
Establishment of State-level Real Estate Regulatory Authorities (RERAs) to regulate
transactions related to both residential and commercial projects
RERAs will ensure timely completion and handover of projects.
Appellate Tribunals will now be required to adjudicate cases in 60 days as against the
earlier provision of 90 days
Regulatory Authorities has to dispose of complaints in 60 days while no time frame was
indicated in earlier Bill.
6. Hits & Misses of Real Estate Act
HITS
• Increased assertion on the timely completion of
projects and delivery to the consumer.
• A step towards safeguarding their investment,
as 70 per cent of the sales receipt will now be
locked in an escrow account.
• An increase in the quality of construction due
to a defect liability period of five years.
• Balanced builder-buyer agreements.
• Faster dispute resolution mechanism through
dispute settlement forums and appellate
tribunal.
• Sale on the carpet area to help improve
transparency.
• An increasingly-regulated broker environment.
• Greater visibility into the developer’s delivery
track record.
MISSES
• The timelines of approvals by regulatory
authorities have not been defined. Any delay
in approvals from regulatory authorities could
impact buyers as well.
• The Bill may lead to slightly higher prices of
properties due to the reduced competition.
• New project launches might be limited as
developers may not be able to launch without
obtaining approvals, which could take two to
three years.
For Consumers
7. Hits & Misses of Real Estate Act
HITS
• Increased scope for eliminating casual
operators, leading to the better organization
of the sector.
• Minimum standards of governance and
accountability have now been set to an
extent, and there’s potential for driving
standardization and professionalism in the
sector.
• Greater visibility into the developers’ delivery
performances, segregating the established
and casual operators.
• Higher investment in the sector and a
possible reduction in the cost of funds,
leading to a lowered cost for the end users.
MISSES
• An additional layer of approvals may be
introduced against the extended list of
approvals already required for projects.
• No provision to rationalize the number of
approvals required for a project or expedite
approvals through a single window
mechanism.
• Increased reliance on external capital to
achieve high growth.
• Possible impact on joint venture
arrangements.
• Potential delay in cash-flow realizations from
projects.
For Developers
13. Special Economic Zones
OBJECTIVES
Promotion of
investments from
domestic and foreign
sources.
Creation of
employment
opportunities.
Development of
infrastructure facilities
in the country.
Generation of
additional economic
activities.
Promotion of exports
of goods and services.
14. Govt. Initiatives and Policy
There has been a
drastic curtailment
in restrictive
policies such as
the Urban Land
Ceiling and
Regulation Act.
Reforms in the
Integrated
Township Policy.
Liberalization of
FDI rules and the
emergence of real
estate funds.
Range of
Government
benefits &
incentives
including
residential tax
breaks and the
Special Economic
Zones.
16. DLF Group Founded in 1946
DLF Group is one of the biggest real estate giants
Built many high-quality buildings across the country, specifically in
Gurgaon
Tied up with Hilton Group to build whopping 100 hotels in India over the
next few years.
In current expansion plans, DLF has over 425 million sq. ft. of
development across its businesses, including developed, on-going and
planned projects.
Spread over 32 cities, mostly in metros and key urban areas across India
Financials of DLF
DLF is the market leader in this sector with net profit of 1547 cr.
It was way lower than its last year profit by more than 1000 cr.
It was well supported by the timely launch of IPL.
The share of this co. touched the all time high of 1227 in dec. 2007 which
was just 6 months after its issue and now trading at 337.
17. ANSALS Founded by Lala Chiranji Lal Ansal
By far most dominant activity of Ansals has been Real Estate Promotion & Development
company has several landmark high-rise commercial building like Statesman House,
Ambadeep, Antriksh Bhawan, Tolstoy House, Indra Prakash, Navrang House and Ansal
Bhawan
Ansals have also completed several residential buildings like Gauri Sadan, Upasana at
Hailey Road & Dhawan Deep at Jantar Mantar road, all in the heart of New Delhi at
Connaught Place.
There is the most prestigious “Ansal Plaza” Shopping Mall associated with its work
Also it has made elite townships, Sushant Lok and Palam Vihar in Gurgaon and several other
places all over the country.
Financials Of Ansals API
Their profit declined by 81.24% in the last financial year over the last year.
This is one of the badly hit company by the economic slowdown.
569 is the all time high of this company in 2006 and now trading at just 10% of its all time
high.
18. Parsavnath Developers
• It was incorporated on July 24, 1990 under the
Companies Act, 1956 as Parsvnath Developers
Limited.
• With more than two decades of experience in its
repertoire, the group has already stamped its
presence already in seventeen states and going
Pan – India.
• It has made various developments in areas like
GURGAON, Noida, South Delhi.
19. Unitech Group
Plans to invest US$ 720 million in building hotels in the country
Its partner for this venture is Marriott International.
Carved a niche for itself in India with its sprawling properties and projects
in Bangalore, Gurgaon, Noida, Greater Noida and Kolkata
Unitech Group took over projects in International areas as well.
Actively involved in construction projects of power plants, expressways,
highways, transmission lines, classrooms, amusement parks.
Radisson Hotel, New Delhi has won accolades for its wonderful
infrastructure, astounding interiors, ideal location and extra ordinary
facilities for the distinguished customers.
Rohini Amusement Park is also a creation of Unitech Group.
The commercial complexes like Global Business Park, Signature Towers,
Unitech Business Park and Unitech Trade Center and the launch of
Millennium Plaza & Infocenter in Gurgaon have made Unitech Builder
earn a good reputation in the industry.
20. K.Raheja Raheja Developers Limited, (RDL), formerly Raheja Developers
Private Limited, is an Indian real estate development company with
its headquarters in Delhi, India.
K Raheja corp. has been the torch bearer of the green cause for the
real estate industry, dating back to 2007 when it signed an MOU
with CII –Green Building Council.
In 2008, Raheja Developers planned to build a Special Enterprise
Zone (SEZ) in Gurgaon at an estimated cost of $660M US.
The development was to be on a 255-acre (103 ha) site but the
project did not advance.
In a Gazette Notification of the Government of India on 29 January
2014 the Raheja SEZ was denotified, and the whole SEZ project
scrapped
21. BARRIERS IN GROWTH OF REAL ESTATE
Skill Shortage.
Non Availability of Statistics.
Overvaluation of Property.
Highly Fragmented.
Lack of Transparency.
22. IMPACT OF RECESSION ON REAL ESTATE
Incompletion of
previous
projects.
Bad Debts.
Less demand in
all segments.
Cash
starvation.
MEASURES TAKEN BY DLF
Launched
affordable
housing project.
Payment of short
term debt by
raising long term
debt.
Terminated
projects with
long gestation
period.
Sale of
properties for
liquidity
preservation.
Cost reduction
through tight
cash flow.
MEASURES TAKEN BY UNITECH
QIP issuance to reduce debt.
Reduced promoter’s stake from 64% to 51%.
Increased confidence with customers on project
delivery.
Major Strategic restructuring.
23. IMPACT OF BUDGET
Overall Impact considered to be marginally positive.
Infrastructure investment to be raised over 9% of GDP.
Funding pressure on construction companies to be eased by PPP.
PPP infrastructure projects to be refinanced upto 60% through IIFCL.
Rs 39.7 billion allocated for rural housing schemes.
Focus on providing housing to people of economic weaker section & lower income
group.
25. Compounding of Offence Advisory role
Drafting of Various
Documents
Opening of Bank
Accounts & Deposits
Status Report of
Every Project
Registration
26. As per Section 56 of the act, a Company Secretary holding certificate of practice
has a can appear on behalf of applicant or appellant before Appellate Tribunal or a
Regulatory Authority or Adjudicating Officer as the case may be.
Hence a Company Secretary holding certificate of practice can –
Represent a person (promoter) before any real estate regulatory authority for
registration of real estate project,
Represent a person before real estate appellate tribunal.
Represent a person before any other competent authority for any other
purpose under Real Estate (Regulation and Development) Act, 2016.
27. The passing of Real Estate (Regulation and Development) Bill, 2016 has
opened a new opportunity for Company Secretaries holding Certificate of
Practice in terms of consultancy services.
By becoming an expert in the act he can indulge in providing advice in
respect of -
a. Various applicable provision on particular real estate project;
b. Registration and extension procedure of real estate project with
competent authority;
c. Various obligation, functions and duties of promoter in a real estate
project;
d. Penal Provisions under the act.
28. A Company Secretary holding certificate of practice as well a Company
Secretary in employment in Promoter Company can assist a Promoter in
registration of real estate project with the real estate Regulatory Authority
established under the act.
29. Close to $7 billion to $8 billion of venture capital expected to flow into Indian
real estate market.
A significant increase in project execution through Public- Private-Partnerships.
More demand for office and industrial space.
Current levels of investments in infrastructure are not sufficient to bridge the
gap between demand and supply.
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