Home sales to Non-Resident Indians (NRIs) are booming. According to Jones Lang LaSalle Meghraj (JLLM), residential sales to NRIs have tripled over the last six months, amounting to about 10% of the total sales.
» Housing research institute coming up in Gurgaon
India’s first housing development and research institute will come up soon in Gurgaon. This institute will be of interest to architects, engineers, project managers and construction workers. With the aim of developing expertise for building low-cost and eco-friendly houses, the institute will have lab facilities for testing the quality of construction.
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