The government aims to remove the minimum capital and area requirement for hotels as well as exclude them from the purviewof the threeyear lock-in clause that governs real estate activities.
Protection of the environment is the new mantra on account of global warming. Global warming has already started creating havoc as is seen with changing weather conditions across the globe.
The Panvelkar Group, a leading name in the Indian construction field with more than two decades of experience, has some of the finest residential, hospitality and commercial projects in the country to its credit.
There is no basis for the fear that malls in India will lose their status as shopping and entertainment hubs now that many mall developers are offering space to hotels and offices.
With more than two decades of experience in delivering some of the finest residential projects in the country, the Cosmos Group promises its clients quality construction, timely possession and transparent dealing in every one of its developments.
The first half of the year 2010 has seen increased retailer interest in the country, according to the India Retail Report of CBRichard Ellis for January- June 2010.National as well as international retailers who were earlier cautious in their approach have started booking space in prime markets across high streets and malls, the report says.
With the churn in the construction sector over and buyers once again interested in purchasing new homes, the offtake of home loans has gone up substantially. Both lenders and construction companies are back in business, thanks to the renewed interest shown by home buyers.
After a humble beginning as a small builder-developer venture by two enterprising Marathi youths, the Nirman Group today occupies a pride of place among leading builder-developer groups in Mumbai.
Though luxury housing emerged as an attractive segment with investors in 2006-07, characterised by launches of dozens of projects aimed at the affluent class, the global economic downturn arrested this trend in 2008.
The real estate market is recovering positively after the global meltdown that hit various economic sectors. The Indian real estate market was also affected an extent.