Mumbai City – India’s no one real estate field is estimated to have a total supply pipeline of close to 3.6 billion sq ft lined up to development in the year of 2013, with about 99% of this being concentrated in the residential property in Mumbai, said a report prepared by CBRE titled.
The recent report gives a broad view of the extent of economic opportunities generated by the construction and real estate sector in the India. It described the real estate constructor sector as an important component of the development industry.
One of the popular Anshuman Magazine, chairman and MD of the Real Estate industry and CBRE South Asia private limited company, said, “The probable for property at Mumbai construction and growth in the real estate field is tremendous. It is expected to generate more than 17 million job opportunities across the country through 2025, therefore marketing significant contribution to the GDP. In additional, the real estate industry does require the support and encouragement of policy makers in order to achieve its aims.”
If we see the previous report of properties Mumbai then we get, the total economic footprint generated by the development of this real estate pipeline will require a total investment of about RS 255,000 crore, will help generate revenues worth RS 375,000 crore, and offer employment to about 7.5 million people across the India in the year of 2013. The total help of the real estate field to the National GDP has been estimated to be about 6.4% in 2013 till end. Now, this footprint is restricted by many challenges inhibiting the field such as high borrowing interest rate, lack of financial companies, lengthy approval processes and uneven infrastructure development and slow,” it said by Mumbai realty market expert.
Loharia Murder holder: Mumbai HC Grants bail to Real Estate Agent
Mumbai city – the Mumbai high court on Monday afternoon accept bail to real estate agent and construction developer, sumeet Bachewar, arrested for hatching the conspiracy to murder real estate Builder Sunil Loharia. He has a lot of property in Navi Mumbai for new construction.
Although, Bachewar was accepted bail on a surety of Rs 55,000 by Justice Abhay Thipsay, and other Justice RP Sondur Baldota deny the anticipatory bail application filed by co-accused and real estate builder Suryaprakash agarwal in Mumbai on Monday 22-July-2013.
http://www.propertywala.com/mumbai
The recent report gives a broad view of the extent of economic opportunities generated by the construction and real estate sector in the India. It described the real estate constructor sector as an important component of the development industry.
One of the popular Anshuman Magazine, chairman and MD of the Real Estate industry and CBRE South Asia private limited company, said, “The probable for property at Mumbai construction and growth in the real estate field is tremendous. It is expected to generate more than 17 million job opportunities across the country through 2025, therefore marketing significant contribution to the GDP. In additional, the real estate industry does require the support and encouragement of policy makers in order to achieve its aims.”
If we see the previous report of properties Mumbai then we get, the total economic footprint generated by the development of this real estate pipeline will require a total investment of about RS 255,000 crore, will help generate revenues worth RS 375,000 crore, and offer employment to about 7.5 million people across the India in the year of 2013. The total help of the real estate field to the National GDP has been estimated to be about 6.4% in 2013 till end. Now, this footprint is restricted by many challenges inhibiting the field such as high borrowing interest rate, lack of financial companies, lengthy approval processes and uneven infrastructure development and slow,” it said by Mumbai realty market expert.
Loharia Murder holder: Mumbai HC Grants bail to Real Estate Agent
Mumbai city – the Mumbai high court on Monday afternoon accept bail to real estate agent and construction developer, sumeet Bachewar, arrested for hatching the conspiracy to murder real estate Builder Sunil Loharia. He has a lot of property in Navi Mumbai for new construction.
Although, Bachewar was accepted bail on a surety of Rs 55,000 by Justice Abhay Thipsay, and other Justice RP Sondur Baldota deny the anticipatory bail application filed by co-accused and real estate builder Suryaprakash agarwal in Mumbai on Monday 22-July-2013.
http://www.propertywala.com/mumbai
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