Situation of real estate of the country is at fluctuating mode from time to time and Kamal Nath - Union Urban Development Minister is well versed with his statement for any circumstances of realty arguments. According to the sources of www.propertykhazana.com recently he made a close door meeting with the top guns of the realty business of India on Thursday. A top listed issue of the business was on board for a better and faster track of revenue to the country. He a produces statement as “no gloom” in realty sector beside economic crisis, inflation, increased rate of cement and its import from neighboring nations and thousand others.
Most importantly Kamal Nath brought the most awaited Delhi Master Plan 2011 at the conference and explained its propagandas to the realty guest on table. He suggests a value for each inch of land and should be in a manner to accommodate more number of consumers with in that available mass of land area. Since availability of land is the most haunting issue in the realty business so a proper management of Floor area ratio would definitely enhance the growth both for the government as well to the builders. He further states that being at the ninth position in world rank of construction industry still market suffers a massive gapping between the land availability and dwelling demands.
Source: NIMMA BENGALURU
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