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Editor’s Note

palash_royWith the industry and stock markets placing huge hopes on a stable government post May 16, a Narendra Modi led government at the Centre is the eminent flavour of the season for the who’s who of the real estate industry. This, they feel, will provide a strong  foundation to the beleaguered sector and take it to greater heights. Such hopes are also reportedly the driving force for the rally in the real estate scrips listed on the bourses.

Whichever government comes in power at the Centre, the wish-list on the economic front is outlined by Nilesh Shah, managing director and chief executive officer at Axis Capital.

Even as the realty sector is eyeing greater heights riding on the formation of a new and stable government, two under-construction high-rise towers in Noida have been ordered to be demolished by the Allahabad High Court. The analysis of the issue has brought in varying shades of opinion with some blaming the circumstances for this fiasco while others say all parties are to be blamed. We take a three sixty degree view…

While Noida had its fair share of problems, Delhi Development Authority in the adjoining national capital, is soon going to come out with a housing scheme of about 50,000 flats. This is definitely going to put downward pressure on housing prices, not only in Delhi but
also in the entire National Capital Region. In an exclusive interview to ‘Realty & More’, DDA vice-chairman Balvinder Kumar unveils his plans with special focus on improving governance, enhancing transparency and promoting public interface.

With the National Green Tribunal’s approval to the 16-lane DLF-HUDA Expressway, the green mess on the DLF-HUDA Expressway in Gurgaon is in the process of getting sorted out. Developers in the region agree that this would lead to a spurt in realty activity juxtaposed with enhanced connectivity on one hand and increased green cover on the other.

Indirapuram in the NCR town of Ghaziabad has traditionally been lagging among its peers but the Ghaziabad Development Authority has many cards up its sleeves for a complete makeover of the locality. We take a bird’s eye view on the kind of contours the city’s skyline will assume.

While Malaysia tops in a recent survey by Cushman & Wakefield of the top 30 global manufacturing locations, India ranks as the 24th most preferred global manufacturing destination in the world. Why this dismal rank?We take a look at the survey report. And our regular reads — your horoscope for the month of May by bejan daruwaalla, Vastu—this time for the room where you worship, the home loan rates of different lending institutions, the property rates of key cities, and this time we add a new section — new residential project launches in some of the cities across the nation. Enjoy reading!