\u00a0 \u00a0 \u00a0 \u00a0\u00a0Safety To Invest<\/li>\n<\/ul>\n <\/p>\n
Some of the key points made by the panellists are as follows:<\/p>\n
\u201cAffordable housing has changed the scene in the past five years. Almost 90 per cent of the population of this nation can only afford affordable housing,\u201d said Mr. Aggarwal of Signature Global.<\/p>\n
\u201cOne of the biggest disadvantages of the real estate sector was that it was an unregulated sector. India has produced some very good builders and entrepreneurs who have done a great job, but due to the wrong business strategies of a few, the confidence of the investors and real estate buyers wavered in the system\u201d, remarked Mr. Khandelwal, RERA Haryana Chairman on why the RERA law was introduced. \u201cNot giving possession of the property on time, making false promises of certain facilities and delivering something else, taking money from investors and then not starting the construction, made people lose confidence in builders and kept them on a constant guard against cheaters. And when this started happening with a lot of people in Mumbai, Gurugram, Noida, there was a need felt for the development of this law (RERA law).\u201d<\/p>\n
Mr. Jain of Tulip Infratech made an interesting observation that now with Covid 19 and the work from home scenario, there is a rising need amongst home buyers to invest in bigger houses so that everyone can have their own personal office space within the home. This has seen a rise in the demand for both premium housing as well as affordable housing. Other reasons that have contributed to this are the lowered interest rates as well as reduction of stamp duty.<\/p>\n
Mr. Madhur Daga, Managing Director of Orientbell Limited, said, \u201cTiles do not discriminate between luxury and affordable housing. Tiles are equally used in both formats. Tile is an investment that people do not change in days or months, it is a long-term investment. The investment in tiles may be less than 1 per cent of the total cost of the home, but the aesthetic value of tiles is 80-90 per cent. So be it affordable or premium, we need to make sure we give our customers choice.\u201d<\/p>\n
To know more about what was discussed,\u00a0tune in to TV9 Bharatvarsh on November 28, 2021 at 11:30am to watch the first episode of Building A New India<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"with\u00a0TV9 Bharatvarsh, India\u2019s No. 2 Hindi News Channel, Orientbell Tiles is launching a new show, Building A New India, which aims to bring policymakers and prominent builders under a single roof to discuss the issues that the real estate industry faces in the country. India is on track to become one of the fastest-growing economies […]<\/p>\n","protected":false},"author":6,"featured_media":1209,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[88],"tags":[],"class_list":["post-727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-expert-talks"],"acf":[],"yoast_head":"\n
Bringing Thought Leaders with Building a New India - An Orientbell Tiles Initiative with TV9 Bharatvarsh - Orientbell Tiles<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n