Mumbai - The UPA government has announced its plans to help states to setup regulators for the real estate sector. Mr. S. Jaipal Reddy, Urban Development Minister said that the regulation at state level is essential. The real estate sector has seen a decent growth in last 3 years. With the prices of real estate going up all over the country, there is a strong need for regulation in the sector.
Mumbai: Unitech Ltd, the country’s second-biggest realty firm stated that it will enter the telecom services sector and will shortly apply for permissions for the whole country.
In an announcement to NSE, the company told that its eight subsidiaries will submit applications to Department of Telecommunications (DoT) in order to offer Unified Access Services (UAS) in 22 telecom circles crosswise the country.
Chandigarh: Realty developer Ansal Housing and Constructions Ltd stated that real estate prices in the metropolitan cities will arise between 10-15 per cent whereas 20-25 per cent in small cities in next 1-2 years.
Ansal Housing auspicated this development regardless of the claims that real estate market in India is heated up.