NAREDCO urges government to tackle regulatory hurdles impacting real estate growth in cities like Mumbai, Chennai, and Kolkata.
Real Estate DevelopmentAviation ConstraintsUrban PlanningNaredcoAaiReal EstateSep 11, 2024
The height restrictions imposed by aviation regulations have significantly constrained real estate development in urban areas.
NAREDCO has recommended relocating aviation facilities, extending shielding benefits, and conducting aeronautical studies to resolve legal issues.
AAI is responsible for determining areas eligible for shielding benefits and ensuring safe and efficient air travel.
Implementing NAREDCO's recommendations would unlock the potential of cities like Mumbai, Chennai, and Kolkata while maintaining safety standards.
Some of NAREDCO's recommendations have been accepted, but are yet to be implemented, while others are still under consideration.
The Department of Land and Real Estate Regulation in Ajman completed a remarkable 169 real estate valuation processes in May 2024, with a total value exceeding AED729.5 million.
The Bombay High Court has criticized Maharashtra's slum policy, stating that it grants free tenements to encroachers, ignoring the plight of legitimate slum dwellers.
Experience unparalleled luxury living at Palais Royale, India's tallest skyscraper, where the first habitable floor starts at a breathtaking 82.5 meters.
Real Estate Investment Trusts (REITs) are companies that own, operate, or finance income-generating real estate, providing a unique opportunity for investors to earn dividends without directly managing properties.
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
India's luxury housing market has shown a significant surge, recording a 53% year-over-year growth in 2024. The premiumisation of offerings is expected to remain a strong trend, driven by increasing demand for high-end amenities and prime locations.