The Chief Minister of Gujarat launched the GUJCON property show, emphasizing the need to redefine affordable housing. The event, organized by CREDAI, aims to provide a platform for developers and buyers to connect and explore new opportunities in the real
Affordable HousingReal EstateCredaiGujconProperty ShowReal Estate NewsJan 05, 2025
GUJCON is a bi-annual property show organized by CREDAI in Ahmedabad. It serves as a platform for real estate developers and buyers to connect and explore investment opportunities in the housing market.
The Chief Minister of Gujarat, Vijay Rupani, inaugurated the GUJCON property show in Ahmedabad.
CREDAI, the Confederation of Real Estate Developers' Associations of India, is a national association that promotes the growth and development of the real estate sector. It focuses on transparency and ethical practices and plays a crucial role in shaping policies and regulations.
The properties showcased at GUJCON feature innovations such as energy-efficient designs, smart home systems, and community amenities. These features aim to enhance the quality of life for residents while keeping costs affordable.
The government is implementing several initiatives to support the real estate sector, including subsidies, tax benefits, and streamlined approval processes, all aimed at promoting affordable housing and fostering growth in the sector.
Pune's vibrant real estate market has experienced rapid changes over the past few years, with strong housing price increases and ongoing changes in market dynamics.
Dalmia Nisus Finance Investment Managers exits its investment from the Real Estate Credit Opportunities Fund - I (RECOF-I) with a significant 19% IRR, marking a successful venture in the Indian real estate market.
The CAPABLE Program's in-person training phase was successfully conducted at BNCA Pune and IIT Bombay, marking a significant milestone in the development of skilled professionals in the real estate sector.
TheIncome Tax (IT) department has launched raids on the RAMA Group, a prominent real estate developer in Chhattisgarh. The operation includes the offices of Shyam Somani, the President of the Bastar Chamber of Commerce. Despite the ongoing investigation,
Construction costs for greenfield real estate projects have seen a notable increase of 2-4% in 2024, primarily driven by higher input costs. This surge has significant implications for developers and investors alike.
The housing market in India's top nine cities has seen a substantial decline, with supply falling by 34% and sales dropping by 23% in the first quarter of the current year. Key cities such as Mumbai, Delhi-NCR, and Bengaluru have experienced significant s