Credai Bengaluru realty expo on Feb 14&15
C N Govindaraju, President, Credai Bengaluru, said: “The real estate sector is expected to grow at the rate 8-9 per cent this year
Feb 12, 2015
Source : The Hindu Business Line
C N Govindaraju, President, Credai Bengaluru


The Confederation of Real Estate Developers’ Association of India (Credai) Bengaluru will hold a two-day zonal realty expo at Kalyani Kala Mandir opposite to IIM-Bangalore on Bannerghata Road on February 14 and 15.

C N Govindaraju, President, Credai Bengaluru, said: “The real estate sector is expected to grow at the rate 8-9 per cent this year. The required clarity on investment in Real Estate Investment Trusts (REITs), improved market sentiment and more efforts by the government to reduce project loopholes and bottlenecks in transactions will go a long way in clearing the way for positive movements in 2015.”

In Bengaluru, some of the key infrastructure projects like the Elevated Expressway, Bangalore-Mysore Infrastructure Corridor (BMIC), Metro Rail and the proposed Peripheral Ring Road (some of them are operational now), which are being developed now, will support the development of real estate market.

Explaining the growth, Suresh Hari, Secretary, Credai Bengaluru, said, “After a slow growth in the last four quarters, the sector saw good pick-up especially after bank rates were lowered. The overall inflation reduction due to crude price has also contributed to the fund flow into all sectors including real estate.”

Latest Realty News

Feb 12, 2015
CHENNAI: Confederation of Real Estate Developers’ Associations of India (CREDAI) in the city, will organise a home loan mela
Feb 11, 2015
New Delhi: Aam Aadmi Party (AAP) chief minister-designate Arvind K?ejriwal met Union Urban Development Minister Venkaiah Naidu and discussed various issues with him including that of unauthorised colonies in the city
Feb 11, 2015
Ahmedabad: Prime Minister Narendra Modi's pet project, Gujarat International Finance Tec-City (GIFT City) has completed the first phase of Online Development Approval System (ODAS)
Feb 11, 2015
New Delhi: Aiming to reduce its debt, the country’s largest real estate player DLF plans to raise Rs 3,000 crore through divestment or joint ventures in certain projects
Feb 11, 2015
New Delhi: A day after ordering a probe against DLF, the Competition Commission of India (CCI) ordered a second probe against the company
Feb 11, 2015
New Delhi: Tata Housing will invest about Rs 1,500 crore to develop two new residential projects in Mumbai and Kolkata
Feb 11, 2015
NAGPUR: A proposal mooted by Dubai-based realty company Smart City for building a township spread over 400 acres in Mihan
Feb 11, 2015
BENGALURU | MUMBAI | NEW DELHI: Adani Realty, a subsidiary of Adani Enterprises, has entered into an agreement with New York based, India-focused investment firm Brahma Management to jointly develop a 150-acre township in Gurgaon
Feb 11, 2015
Mumbai: There is an urgent need for the new government to focus with growth incentivized policies for the real estate sector
Feb 10, 2015
Mumbai: Value and Budget Housing Corp. Pvt. Ltd (VBHC), a company co-founded by Jerry Rao, has started consultations with investment bankers for a possible initial public offering

Latest Realty News Of State

Realty Talk's