The government is focusing on "practical and realistic steps"to make housing affordable, Parekh said.
Getting government approvals was also a major cause of concern, the Builders Association of India president Vijaya Rghava Reddy said Saturday.
In a special investigation of Aamby Valley Ltd., found that an income of over Rs 48,000 crore not reflected in the record books of the firm.
Subscribers of the Employees Provident Fund Organisation will now be able to withdraw up to 90 per cent of their PF account for purchase of homes.
The developer had promised to give 39 home buyers possession of their houses in Gurugram by 2012
SBI has agreed to give concessional rate to builders as well as customers for affordable housing projects.
Tata Group hospitality arm Indian Hotels Companyhas already said it intends to participate in the bidding for the property.
Jaypee Group is currently facing protests from buyers because of significant delays in execution of its Noida and Greater Noida projects. Among other builders whose projects have been cancelled by the Yamuna Expressway Industrial Development Authority are Ajnara, Oriss and Urbania.
37 per cent of the overall space leased across India during the quarter was by the IT and ITeS companies, followed by banking companies.
The Jaypee group has developed sports city on some part of the total land parcel.
Though the Benami Transaction (Prohibition) Act, 1988 has been on the statue book for more than 28 years, the same could not be made operational because of certain inherent defects.
Among the major states, Punjab has recorded the maximum delay of 48 months in construction and real estate projects followed by Telangana (45 months), West Bengal (44 months), Odisha (44 months) and Haryana (44 months), a study by Assocham has found.
The scheme was earlier planned to be launched in February but ancillary infrastructure work, like building of connecting roads and installation of street lights, around some of the flats is still going on at some sites.
Now the limit that can set off against the loss from rented house property has been restricted to Rs 2 lakh per annum.
Puravankara Ltd has already launched housing projects on 20 acres of land parcel in Hyderabad and is also constructing commercial projects on over three acres of land.
For the case, the Competition Commission of India considered "market for the provision of services relating to development and sale of residential flats in Pune city" as the relevant one.
As per current tax laws, for properties rented out, a borrower could deduct the entire interest paid on home loan after adjusting for the rental income.
The demand of office space is expected at 8 million sq ft in the 2017 calendar year against 8.6 million sq ft occupied in last year.
The average prices of unsold units almost remain stagnant at Rs 6,683 per square feet as buyers and sellers delayed their decisions.
The court said 90 per cent of the interest amount that would be deposited with its registry would be disbursed to the 39 buyers who have opted out.