Real Estates Now

The Haryana government has prepared the draft Land Pooling Policy-2017, with a view to make land-owners partners in the development process. Under this policy, the landowners will get a part of the developed land in the form of residential and commercial plots in lieu of their land contribution, a spokesman of the Haryana Urban Development Authority (HUDA) said here today. He said the draft policy was a standalone policy applicable in the controlled areas of Haryana, notified by the competent authority. "This policy is aimed at procuring or assembling land required for meeting the development plan objectives in an inclusive manner, where the land-owners willingly part with their land, rather than compulsory acquisition, making them partners in the development process," the spokesman said. Any landowner whose land falls in the area declared for the purpose of land pooling by the chief administrator, HUDA, will be eligible to participate in the land pooling process...

The Real Estate (Regulation and Development) Act, 2016 (RERA) will finally give India’s real estate sector its first regulator from Monday, May 1, 2016. The act was passed by parliament last year and the Union Ministry of Housing and Urban Poverty Alleviation had given time till May 1, 2017, to formulate and notify rules for the functioning of the regulator. RERA seeks to bring clarity and fair practices that would protect the interests of buyers and also impose penalties on errant builders. Key provisions of RERA The promoter of a real estate development firm has to maintain a separate escrow account for each of their projects. A minimum 70 per cent of the money from investors and buyers will have to be deposited. This money can only be used for the construction of the project and the cost borne towards the land. To provide clarity to buyers, developers will have to keep them informed of their other ongoing projects. RERA requires builders to submit the original approved ...

The land pooling policy, which is set to expand the urban limits of Delhi, was notified by the ministry of urban development (MoUD) in September 2013 while the regulations for ope rationalization of the policy were approved in May 2015 by the ministry and the land was converted from agriculture to urban in May 2016. And all the above DDA Vice Chairman recently told the reporters that Land Pooling Policy will be in place by April end. According to new Policy followings are few modifications in totality: 1. Norms for kilometer area (Location of land) has been removed from policy. 2. A Minimum of 5 acres of land is required for participation in this policy. 3. 70% of Developable land must be contiguous. 4. The pooled land must be bounded on at least one side by 30 m wide road.  5. Any un-pooled land will impose a cost on public infrastructure. 6. A single window clearance of all approvals will be in place for  transparency. 7. Maintaining all the standa...

In a country where the concept of housing ranges from hole-in-the-wall flats to billion-dollar homes, affordable housing could revive the fortunes of a flagging real estate sector. The affordable housing segment is expected to be the next big growth driver of the Indian economy with property pundits predicting a phenomenal growth rate of over 30% in the medium term. According to Knight Frank India, a real estate consultancy, there has already been a significant surge in affordable housing projects across eight major cities. Homes priced below Rs 50 lakh accounted for about 71% of the total launches between January and June 2017, a significant 52% increase from the corresponding period in 2016. 　 Affordable housing is finally losing its ‘down market’ label and turning into a serious and respectable sector - a possible game changer for the real estate industry. In 2015, Prime Minister Narendra Modi announced the ‘Housing for All by 2022’ scheme targeting two crore homes to be...

Amaravati, the new capital of Andhra Pradesh, is being constructed by innovative land-pooling mechanism without the use of the Land Acquisition Act. Impressed by Andhra Pradesh   chief minister N. Chandrababu Naidu's land pooling scheme for building his dream capital   Amravati , the Pune officials are mulling over making it the base of the rehabilitation package for farmers losing plots in Purandar - the proposed international airport site. Those who held land on June 2, 2014 and sold it to the government to carve out the new capital will benefit from the tax waiver. Over 20,000 farmers have given up land under the Land Pooling Policy (LPP) for the development of the new capital city. The exemptions are retrospective and are applicable for transfer of capital assets, both land and buildings. So shouldn’t Delhi be given the same priority? After notification, the land-pooling policy of Delhi was currently languishing due to lack of political will, thereby leading to ...

To start with the basics Patanjali has started the journey from 1997 as a healthcare shop and incorporated in 2006 as a Company to sell other products. As of now company owns as many as 390 products across Personal care, Foods, Healthcare & Beverages. Patanjali has grown by leaps and bounds by over the past years. Patanjali 2015-16 sales turnovers is apprx 5000 crores and company is targeting the revenue of 20000 crores by 2020. As of now Patanjali Marketing Strategy depends on two facets only, which are described below:- Ayurvedic Products - When Patanjali started it journey as a healthcare shop it targeted to cure human diseases through Yoga therapy and Ayurvedic Products. Patanjali did the nice thing to penetrate the market with Ayurvedic product and created the awareness about Ayurvedic product in the market. Now a days we can see several people using Patanjali products and you can see the availability almost everywhere.     ...

I Bet-Reality Sector Boom Hello Readers ,  Its been almost 6 years as I am now again starting putting my thought in digital format. hope I will continue and seeking your support for valuable inputs. I am not an author nor I am involved in any kind of publication but I am a strict news follower, marketing professional and try to analyze every situation and research. These days entire India is welcoming government new move hoping to expect the turnaround of economy. I am also the big supporter of this move and totally favors cashless economy where you do all thing by just a click of button. Since the Demonetization drive has started, it is true that various business houses are feeling the heat because of non circulation of notes in the market. All are saying that it will take time to normalize the business in few weeks thereafter all will be well and people hoping for best. Since I am from Real Estate sector people around me started telling that this sector was alre...