5 Reasons to smile for buyers under the Real Estate Bill

Buying a house earlier used to be quite a tedious process for the buyers. The new real estate bill has brought about reasons to cheer for them as it has made the buyers more accountable for various things thus ensuring the protection of buyers interests. Here are five of them: read more at http://shopsandhomes.com/blog/index.php/2016/03/5-reasons-to-smile-for-buyers-under-the-real-estate-bill/

Real Estate Bill to passed during the current budget session

At the recent Happening Haryana conclave, Union Minister for Urban Development Venkiah Naidu has expressed confidence on the passing of the Real Estate Bill during the ongoing budget session. Talking to domestic and global investors, Naidu said, “Real Estate Bill is going to be a reality in this Budget session itself. I am holding discussion with all stakeholders.” read more at http://shopsandhomes.com/blog/index.php/2016/03/real-estate-bill-to-passed-during-the-current-budget-session/

Investment learnings of 2015

2015 will not be remembered for the gloom it brought to the residential real estate sector but for forging a solid base for sustained future growth. Few of the notable highlights of the year gone by are as follows:

• FDI rule relaxation will facilitate the flow of more investment in the country with the removal of the two major obstacles: Minimum capital of $5 million and minimum of 20,000 square metres of development.
• The passing of the Real Estate Bill by the Union Cabinet implies a more vibrant, efficient and highly transparent real estate sector, beneficial for both the buyers and developers.
• The proposed recommendations to increase the salary of state as well as central government employees by almost 23.6 per cent by the seventh Pay Commission will have a positive thrust to the demand side of residential real estate. Read More at http://shopsandhomes.com/blog/index.php/2016/02/investment-learnings-of-2015/