A new report on India's housing sector confirms with facts and figures what has been suspected all along: that despite growing demand for affordable housing, supply side responses have been weak and sluggish. This means even though the housing sector can directly impact employment and income generation, and has multiple forward and backward linkages with various industries, it needs innovative ideas, pro-poor thinking and policy stimulus. (See link below for...
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Push for cheap housing-Sobhana K
-The Telegraph New Delhi: The Centre is planning to increase cash incentives for private builders willing to construct houses for economically weaker sections in partnership with it. Under the Affordable Housing in Partnership Scheme floated in 2009, the Centre was to pay private builders Rs 50,000 per dwelling unit or 25 per cent of the cost of civic services, whichever was less. Since the scheme found few takers, it is planning to...
More »Landing an opportunity
-The Indian Express Digitisation of land records is a big step forward. Now to start guaranteeing titles While landlords across the country, several million of whom prefer to keep their houses locked up instead of renting them out, will cheer the cabinet clearance for the Real Estate (Regulation and Development) Bill, the even bigger change relates to the digitisation of land records. The real estate bill allows for the setting up of...
More »In recent times, every scam’s trail has led to dubious deals in real estate -Ravi Teja Sharma & Viney Sharma
-The Economic Times NEW DELHI and CHANDIGARH: It is not without reason that the quintessential real estate firm has become the epicentre in all scams in India in recent times. From Satyam to 2G, Vadra to Saradha and now Railgate - every scam's trail leads to fraudulent investments and dubious deals in the real estate sector. Not only does the barely regulated sector allows rampant transactions in black money allowing scamsters...
More »Building euphoria-Himanshu Upadhyaya
-Frontline But in Modi's Gujarat the difference between development and darkness is all too visible to those who care to see. NARENDRA MODI may have won three consecutive elections and ruled Gujarat for more than a decade after he was posted there almost as a night watchman, to borrow a cricketing expression. He may have mobilised a massive fan following that is shouting to catapult him into the Prime Minister's post,...
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