Diabytes
India realty market News
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CBRE said 200 million sq ft of space will be added in 2019 across all segments including housing, office, retail and logistics.
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The price increment in the lower-mid and affordable segments, which comprise 65 percent of these localities, signals the return of consumer interests and transactional activity.
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Centre has unveiled draft rules for five Union Territories under the Real Estate Act which seeks to regulate the real estate sector, bring in transparency and help protect consumer interests.
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Global realty market is likely to witness an investment of more than USD 1 trillion this year, up 6 percent from 2015, as investors continue to find real estate appealing on relatively higher returns, according to property consultant CBRE survey.
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