Home prices in small towns may spike on smart city plans

Home prices in small towns may spike on smart city plans

Home prices in small cities and towns are likely to see a gradual rise on increased infrastructure activities and real estate developers focusing on affordable housing, says a report. Growth in prices will be higher and faster in cities coming under the smart cities...

Will real estate be back on track in 2018?

In line with the past three-four years, the performance of real estate in 2017 was lacklustre in terms of growth in prices and sales. Reforms such as Real Estate (Regulation and Development) Act (RERA) and Goods & Services Tax (GST) and demonetisation   to curb...

Smart city works worth Rs 320bn started, tendered

A day after Congress chief Rahul Gandhi targeted the Centre for “under-utilisation” of Smart City Mission funds, Hardeep Singh Puri, the Minister of State (independent charge) for Housing and Urban Affairs, has hit back, saying the Congress-led UPA had...
Tamil Nadu Smart city projects in limbo

Tamil Nadu Smart city projects in limbo

Tamil Nadu lags behind other states in implementing the smart city project, according to a report from the Ministry of Housing and Urban Affairs submitted in the Rajya Sabha. The 11 cities in Tamil Nadu selected under the project have not even spent 1% of the total...
Infrastructure is set to get a boost

Infrastructure is set to get a boost

Analysts say that Indian infrastructure is set to get a boost following Prime Minister Narendra Modi’s plan to have 100 Smart Cities. Once the land bill before parliament gets into the statute book, infrastructure building, especially roads, will see dynamic growth...