Housing for all by 2022 – Realty Whistle Blown?

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India’s march is mostly organic – no party or leader or brand has any large influence or contribution except some PR acts. India, touted to be one of the fastest growing economies, saw many slumps and thumps in real estate market. Despite slow growth, real estate sector remains on high note. After some intervention by policymakers, real estate market is hopeful of seeing growth. Investment strategies to attract investments from all quarters, investments in form of FDI? But, experts are hopeful that real estate sector will grow very well. There is an expectation of growth in investments; particularly in form of FDI because government is trying to ease norms for foreign investors. Real estate got many positive policy revival initiatives, claim some transparent and comprehensible report on FDI. Non-repatriable investments by NRIs and PIOs are treated at par with domestic investment, thus keeping it out of the purview of FDI caps. This has also been extended to companies, trusts, and partnership firms owned by NRIs outside of India. Some NRI entities have also been exempted from FDI cap regulations.

With tardy bureaucratic procedures being channeled out, industry is hopeful that NRI investments will see some boost. With regulatory changes including easing of foreign direct investment rules and better execution capabilities, realty is being preferred as an investment destination by global investors. Transparency in processes like online approval may improve the perception of real estate in the eyes of international investors which would help them bring in robust inflows of funds. The hottest growth sectors in Delhi – NCR area are Gurgaon, South of Gurgaon, Noida Extension and areas adjoining Dwarka Expressway, Delhi-Mumbai Corridor, KMP Expressway and SPR.

The Real Estate (Regulation and Development), Bill seeks to regulate the transactions between buyers and real estate projects to increase the ‘trust’ factor between the two parties. Amendments in Realty bill introduced Insurance of land title for which may Lead to renewed confidence among buyers and can impact the real estate market favourably.

Ambitious “Housing for all by 2022” via joint investments by public and private sector to provide affordable housing is uncovering soon. A vision to develop smart cities claimed to have created opportunity to invest in Tier-II and Tier-III cities. National Highways Authority of India (NHAI) has planned to award 100 Highway projects under Public-Private partnership. Potential Build-Operate Transfer projects are also looked into by The Cabinet Committee on Economic Affairs (CCEA).

Real estate is still riding the bumpy roads of economic slowdown, only sustained growth rate can push market scenario. Financial institutions were expected to pass on the benefit which has been extended by the RBI and lending rates to come down? Steps generating hype in the industry and full of promises..

1 thought on “Housing for all by 2022 – Realty Whistle Blown?”

  1. Its gross blunder taking orders from deshbhakt masked AI gangs to extract some jugaad inputs from your own neighborhood species for more polishing elitist greed who will oblige and shall keep abusing the planet. Bounce-back if you are either fully enslaved, bribed or brainwashed by capital-wing cats.

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