Facebook User

You can use your Facebook account to sign into our site.

raheja facebook


Already a member?

Sign In here

Not a member? Sign Up Now

You can Sign Up by filling a small form below:


Email / Login*


Repeat Password*

From the Desk

Tuesday, 29th September 2015, FICCI, Federation House, New Delhi

Mr. Navin M. Raheja, Chairman, FICCI Real Estate Committee welcomed members to the first meeting of reconstituted committee for 2015. He highlighted the need to bring a change in perception of real estate industry and the importance of Real Estate Regulation Bill for growth of the sector. He further highlighted the issues involved in seeking regulatory clearances for projects due to which 50 per cent of time and money is spent seeking unwanted and duplicative approvals. He informed the committee that real estate market is very tight in India due to squeeze of capital flow into the sector.

Chairman also highlighted the issue of higher incidence of taxation on real estate and rising costs of real estate due to expenses incurred towards Stamp Duty, License Fees, External Development Charges (EDC), Infrastructure Development Charges (IDC), Employees Provident Fund (EPF), Employees' State Insurance (ESI), and Environment Clearance. The Chairman suggested to EY to consider conducting a cost benefit analysis study on Goods and Services Tax (GST) for real estate in a month’s time. He also informed that industry can come together to fund this study report.

Chairman invited members to take responsibility to undertake important issues on real estate. Following issues were discussed in the meeting:

  • Housing for all
  • Land Pooling
  • Slum Redevelopment
  • FDI in real estate
  • Incidence of taxation on real estate
  • Goods and Services Tax (GST) for real estate
  • Simplifying real estate approvals
  • Skill Development in real estate
  • Bringing down cost of construction

Chairman suggested that FICCI should form working groups on above issues facing real estate sector.

Decrease in Repo Rate

In a big boost for the markets and economy the Reserve Bank of India (RBI) on Tuesday cut its policy rate by a more-than-expected 50 basis points to a four-year low of 6.75%. The revision in the REPO rate will positively impact the sentiments surrounding the real estate market. Banks will now be able to offer loans at more attractive rates specially when the festive season is around the corner. Cheaper loans for home buyers may gradually raise the interest in residential property purchase from end users and investors. It is also going to benefit old home loan borrowers as well as the cost of funding for real estate developers should also reduce marginally.




Thank you for visiting

Dear Visitor,

We are currently in the process of revising our website in consonance with the Real Estate (Regulation and Development) Act, 2016 and the Rules made there under (“RERA”), which have been brought into effect from May 1st, 2017.

Until our website is duly revised and updated, none of the images, material, stock photography, projections, details, descriptions and other information that are currently available and/or displayed on the website, should not be deemed to be or constitute advertisements, solicitations, marketing, offer for sale, invitation to offer, invitation to acquire, including within the purview of the RERA.

The content on this website is purely for informational purpose, and customers are suggested not to make any bookings based on the imagery, details and descriptions currently available on the website as the information on the website may not be comprehensive. Customers are therefore required to verify all the details, including area, amenities, services, terms of sales and payments and other relevant terms independently with the Company. For updated sales and marketing material write to

The Company and/or its directors, employees, are not liable for any consequences of any action taken by you relying on the website of the Company, marketing/ promotional activity / brochures etc.

Thank you for your time and patience. This disclaimer ("Disclaimer") is applicable only to the website."

For any query relating to building plans, licenses, approvals, etc. Please write to