Page 4 - Construction & Architecture Update JAN-FEB 2018

EDITOR’S NOTE

I view real estate as the most

intriguing opportunity that I’ve seen in

my business lifetime www.constructionarchitectureupdate.com
www.erafamemedia.com

t the outset, I would like to communicate to all the readers of Editor
Imran Ahmad Khan
this issue about the words “TOP BUILDERS”, we at Era Fame
AMedia Group firmly believe that apart of the developers that we Feature Editor & National Head
Er. Razi Ahsan
featured there are plenty of more Top developers exist in PAN India, whose
brand image and quality is excellent and they are also on the top of the list Asst. Editor
Abhishek K. Jaiswal
in India.
We also agree that even though couple of developers are not at that level, General Manager– Marketing
Niraj Vishal
but on the basis of their good works and feedback from the industry, we
Regional Manager
have included them on the board with the clear intention to encourage Ansari Zulfikar Ali (East, West & South)
their works which will ultimately help them to make their vision and
Regional Manager (NCR)
mission bigger in future. Hussain Ahmad
The Indian real estate market is expected to touch US$ 180 billion
Sr. Managers - Sales & Marketing
by 2020. The housing sector alone contributes 5-6 per cent to the Kishore Dusija, Nasir Khan,
country’s Gross Domestic Product (GDP). A total of 2,17,900 new Nandkumar Shirali
houses in six Indian states were sanctioned by the Ministry of Housing Sales Team
and Urban Affairs, Government of India under the Pradhan Mantri Awas Ramiz Qureshi, Minas Patel
Yojana (Urban) (PMAY) to push affordable housing in the urban areas Artist
of the country. Hitesh Dingankar, Raju Iyer
The private equity investments in real estate increased 26 per cent to a Subscription & Circulation Team
Arsheen Shaikh, Rahat Jabin
nine-year high of nearly Rs 40,000 crore (US$ 6.01 billion) in 2016.
The affordable housing segment is expected to continue to drive the real DELHI OFFICE
92/17 Zakir Nagar, Opp New Friends Colony,
estate sector in 2018 with several developers and institutional funds eyeing Okhla, New Delhi-110025
Tel:+91 11 26981342
opportunities in this space led by better returns. The end-user demand in Mob: +91 95408 15453, +91 98106 87647,
this segment along with the government’s thrust through incentives such as +91 92123 66351
granting infrastructure status is ensuring a rising appetite for such projects
across the country. Currently, people are facing a lot of challenges due to
RERA and GST policy, but, the future seems positive for the real estate Era Fame Media Group
Mumbai Office: 7, Ground Floor,
industry. The RBI has already announced cuts in interest rates, which is ARADHANA (SRA) C.H.S. LTD., Bal Samant Marg,
Bandra (W), Mumbai-400 050.
a positive sign for the buyers. They can now get home loans at a cheaper Tel: 022-2645 2920/ 01/ 02/ 03, 2643 0319.
rate than before. Fax: 022-26452920.
Email: info@erafamemedia.com
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ensure that the information published is correct,
Construction & Architecture Update holds no
Have an insightful reading. responsibilty any unlikely errors that might occur.
Your suggestions are most welcome! Printed, published and owned by Hussain Ahmad
and printed at Pearl Printers, 52, DSIDC Shed,
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Editor: Imran Ahmad Khan

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