The real estate sector in India is no longer limited to engineers and architects, but has expanded to become a hub for employment generation, according to industry experts.
Real EstateEmployment GenerationNaredcoMaharashtraJob OpportunitiesReal Estate MaharashtraOct 05, 2024
The real estate sector in India has the potential to become the next employment generation hub, creating millions of jobs in various fields.
The government's initiatives such as the Pradhan Mantri Awas Yojana (PMAY) and the Smart Cities Mission aim to provide affordable housing and create sustainable urban development in the country.
NAREDCO is an apex body of the real estate industry in India, which aims to promote and develop the sector.
The real estate sector offers a wide range of job opportunities in various fields such as sales, marketing, finance, and human resources.
The growth of the sector will contribute to the GDP and generate revenue for the government, having a positive impact on the economy.
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The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed a real estate developer in Thane to refund the booking amount after deducting 1% of the total flat value to a homebuyer who backed out due to financial difficulties.
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The real estate industry is eager for the upcoming Budget 2025, with a focus on tax incentives and reforms to boost affordable housing. Key demands include reducing GST rates, increasing tax deductions, and simplifying land acquisition processes.
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