As realty giant DLF fights a three-year capital markets ban imposed by regulator Sebi, the case is being seen as one having wider ramifications for the entire real estate sector and the regulatory framework applicable to them.

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The revised version of the Real Estate (Regulation and Development) Bill, 2011 in its current form will create another approval authority, rather than creating a true regulator, said Rajiv Kumar, secretary general of the Federation of Indian Chambers of Commerce and Industry (FICCI). The industry chamber today said that while the bill will help improve transparency in the real estate sector in India and make it more organised, it should not become another hurdle for developers.

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Additional allocation to rural housing fund and launch of urban housing fund should provide some relief to certain types of developers who are facing liquidity crunch.

Link: https://www.dwarkaexpresswayprojects.co.in/

Additional allocation to rural housing fund and launch of urban housing fund should provide some relief to certain types of developers who are facing liquidity crunch.

Link: https://www.dwarkaexpresswayprojects.co.in/