News
Naredco, Housing.com hail Maharashtra move


“This move will go a long way in expediting the project completion and the industry will witness new launches in the market. The industry applauds this booster dose making many projects viable and we shall adhere to the rules laid down in lieu of availing these benefits,” he said.
The Naredco chief further said the reduction in premiums for new launches will help the development at the lesser input cost and over a period of time there is possibility of lower price for new inventories that shall come into the market. “It is a move expected to meet the urgent need for economic activity and generating employment,” he said.
According to Rangarajan, high premium puts a financial burden on developers leading to higher costs for the homebuyers. “In the current economic scenario, the step would ease the burden and soften the prices resulting in more sales in the coming months”, he said.
-
Guest Column4 weeks ago
Vertex launches its largest project, VIRAAT
-
Guest Column4 weeks ago
TARC Tripundra achieves Rs 350 cr sales
-
Report3 weeks ago
After 2018, 2019, highest number of project registrations in 2022 in U.P. RERA
-
Guest Column4 weeks ago
The Office Pass (TOP) to open a 26000 sq ft
-
project4 weeks ago
2.2 million square feet Mega Project of 4S Developers to cost more than 2500 cr
-
New Launches3 weeks ago
NAREDCO urges Government to launch SWAMIH-2 with widened scope
-
Guest Column3 weeks ago
SKA Orion to be completed a year before schedule, set to hike prices due to rising input prices says Director Sharma
-
Guest Column4 weeks ago
Ashiana Housing’s new project in Jaipur