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#SmartCities, Single Window Clearances, #RealEstateAct: Government Initiatives for Sector
The Union government and the states have taken several initiatives to encourage the development in the real estate sector. The Smart City Project, which plans to build 100 smart cities, is an opportunity for real estate companies. Below are some of the other major government initiatives, from the website of the website of the India Brand Equity Foundation.
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CREDAI National

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It’s time to think about your own 🏠 #house, find out the details of nearest #property 🏫. https://goo.gl/O1NNdR
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May all your Wishes be fulfilled on this Special Day - #HappyLohri
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There’s slowdown, but economy was earlier in godown: #VenkaiahNaidu
Union urban development minister Venkaiah Naidu on Wednesday dismissed fears of demonetisation causing a massive slowdown in the real estate sector. He said while speaking at Vibrant Gujarat Summit that a boom in the housing sector was imminent, with the government committed to providing a house to every Indian by 2022.
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#SKILLDEVELOPMENT TRAININGS FOR #CONSTRUCTIONWORKERS IS THE NEED OF THE HOUR!

https://goo.gl/vWO6kQ
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CREDAI #CONCLAVE 2016 - 17

It is reflective of #CREDAI and its belief that with Change, there will be an opportunity of growth and sustainable #development in the Country.

https://goo.gl/sI6p0s
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Interest in Indian #RealEstate Market: Recent Major #Investment Deals
The Indian real estate sector has witnessed high growth in recent times with demand for office and residential spaces booming. Department of Industrial Policy and Promotion (DIPP) data shows that the realty sector attracted Foreign Direct Investment worth $24.19 billion between 2000 and 2016.
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Office space absorption hits all-time high of 43 million sq ft in 2016: #CBRE
Bangalore and the NCR dominated the leasing activity, grabbing 47% share. Mumbai and Hyderabad witnessed an increase in space take-up, accounting for ..
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#Cash recall takes wind out of #realestate sails
Narendra Modi’s demonetisation has hammered the real estate industry in Mamata Banerjee’s backyard with apartment sales in Kolkata taking a nosedive. Reeling under the double impact of plunging sentiments and money being sucked out of the economy, developers hastily pulled projects back from the brink of launch and shoved them on the back burner.
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“The average stock of stock in #Kolkata at a shade over 2 years is way better than other #Indian metros.”- #NanduBelani, President, @CredaiBengal
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5th Floor, PHD House 4/2, Siri Institutional Area, August Kranti Marg, hauz khas Siri Institutional Area, Block A, Nipccd Campus, Hauz Khas New Delhi, Delhi 110016, India
5th Floor, PHD House 4/2, Siri Institutional Area, August Kranti Marg, hauz khasINDelhiNew Delhi110016
+91 11 4312 6200credai.org
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