Real Estate Investment Trusts – A Concept worth exploring
REAL ESTATE INVESTMENT TRUSTS Real Estate Investment Trust (REIT) in essence is an entity (trust as it would be) that would manage a pool of funds by several investors, by investing them in different properties. A draft discussion paper on the same was released by Securities and Exchanges Board of India (SEBI) in October 2013. […]
Real Estate Bill gets Cabinet nod
REAL ESTATE BILL – 2015 Finally the Union Cabinet has cleared the Real Estate (Regulation and Development) Bill 2015, which was pending for a fairly long time. The next step is to get this bill passes in the Parliament. Signs are that it should go through without any further hold-up, as the government has included […]
Affordable Housing – The Next Big Phenomenon?
Affordable Housing – The next big phenomenon? For several years, one has been hearing the phrase ‘Affordable Housing’. When this phrase started gaining popularity, say around 10 to 12 years ago, there were people who considered it a newly coined oxymoron! Something that can be likened to phrases like ‘detailed summary’ or ‘happily married’. Can Housing […]
Real Estate (Regulation and Development) Bill 2013
Real Estate (Regulation and Development) Bill 2013. So some progress here. The Real Estate (Regulation and Development) Bill 2013, has moved ahead. The cabinet has approved certain amendments to the bill. In Feb 2014, the Standing Committee on Urban Development (Chaired by Sharad Yadav) that reviewed bill, came up with certain amendments. Now, after a […]