Abhay Laijawala of Deutsche Bank says with record Kharif output likely to give significant boost to rural consumption sentiment and other factors such as 7th Central Pay Commission also supporting aggregate demand in the economy, it will likely result in consensus upgrades to earnings of consumer and rural interfacing sectors and stocks.
Falling interest rates on home loans and stable real estate prices make it the right time to buy your dream home.
The real estate sector has many growth triggers and the government is keen on bringing in transparency. The sector should participate in the Indian growth story.
Names of 14 more new cities would be announced soon under the flagship 'Smart City Mission' which will receive the first tranche of funding, the government said on May 19.
The calm in the markets seen over last two months may be absent next month, says Edelweiss Securities CEO Vikas Khemani.
Recent policy reforms by the government will help to improve the sentiments in the real estate sector
If you are positive of India‘s economic outlook, buying for the right reasons, checked the credentials of the developer and done your research on the shortlisted project, this would probably be the best time to buy a house.
Bringing cheer to home buyers, Parliament passed the Real Estate Bill. The session also saw passage of the carriage by Air Bill ensuring compensation for air travellers.
Moving 'The Real Estate (Regulation and Development) Bill, 2015' for consideration and passage, Urban Development Minister M Venkaiah Naidu said it aims to protect the interests of buyers and bring more transparency in the sector.
With the controversial Land Acquisition Bill pending for long, government today made a strong pitch in the Lok Sabha for "some sort of understanding" on it, saying passage of the legislation is necessary to make land available for the programme of 'Housing-for-All' by 2020.
The bill definitely puts up a step ahead to protect the consumer interest, however a lot depends on the effective implementation of the measures undertaken.
Even as the Real Estate Bill aims at bringing in transparency and accountability for delay in projects' execution, it hasn't made any distinction in situations where projects are delayed because of approvals, says ICRA.
Overnight, Wall Street closed flight while European stocks gave up early gains to trade lower after markets were left unenthused by the ECB announcement.
Real Estate Regulatory Bill is expected to be tabled in Parliament today. The bill will bring about much needed transparency in the sector.
Noting that Real Estate Regulatory Authority (RERA) Bill was introduced by Congress in 2013, he said he would urge Government to bring the Bill in the House at the earliest.
After President Pranab Mukherjee's address to both the Houses on Tuesday, the government will present Railway Budget and the General Budget on February 25 and February 29 respectively.
The Bill may also create hurdles for small builders as it will slow down the project clearance process, they feared.
A survey by instaVaani shows that three out of four people think the Congress was wrong in disrupting the Winter session, a Mint report states.
The Bill will be applicable both for commercial and residential real estate projects.
Constitutional amendment bills including the Bankruptcy Laws, the Prevention of Corruption Bill, the Whistleblowers' Protection Bill and the Real Estate Bill still hang looming in the Winter Session of the Parliament.
On its party, government has listed GST along with six other bills in Rajya Sabha for next week. Six bills have been listed in the Lok Sabha.
Amid the chaos in Parliament, the panel that was to submit its feedback on the Real Estate Bill has submitted its report.
Sources have told CNBC-TV18 the select panel appointed to review the Real Estate Bill will submit its report in the Rajya Sabha. The report is said to have suggested as many as 35 changes to the bill.
Several important bills like the Black Money Bill, Real Estate Bill and the controversial Land Acquisition Bill are yet to be cleared.
After trying twice in this session to take up the bill for consideration and passage in Rajya Sabha where it is not in a position to get it passed due to lack of numbers, the government today brought a motion to refer the bill to Select Committee, chaired by BJP member Anil Madhav Dave.