Supreme Holdings And Hospitality India

Not all properties are the same. While some are easily afforded, a buyer has to work much harder to be able to afford the others. What are the features that differentiate one from the other despite the fact that both are built using the same material? We would have to credit the difference to certain neighbourhood features that your property enjoys and others do not.

When used in the context of housing, the use of the term “affordable” has become a common occurrence in government papers, forums and industry lobbies. There is no doubt that there is an immense growth potential for affordable housing in the country; however, the term affordable has now been over-used. Just like the term itself the future of affordable housing remains vague and ambiguous in India.

India may be a young nation now, but, this young population will grow old with time. Senior citizens are, in fact, projected to form nearly 34 per cent of the country’s population by the end of this century. Sensing the opportunity there, real estate developers in India brought here the retirement homes concept, and have been busy building such projects in the past decade. The housing ministry on March 6 issued model guidelines that developers will have to follow while building retirement homes in India.

New York’s iconic Plaza Hotel is likely to be bought by Katara Holdings, a Qatar-based organisation, for $600 million. Sahara India, which has been under financial debts and has been trying to sell its share in the hotel. It holds 75 per cent stake in the property.

The Ministry of Urban Development (MoUD) and the National Buildings Construction Corporation Limited will be redeveloping seven government colonies in Delhi, including popular shopping destination of Sarojini Nagar. The project will be undertaken in a phased manner and completed in five years.