Articles Archive for March 2009
Perched on the ninth floor of Dalamal House, one of the 35-odd buildings at Nariman Point that overlook the Arabian Sea, S.G. Maheshwari recollects how difficult it was to find his 700 sq. ft office …
Real estate magnate Niranajan Hiranandani does not expect property prices, which have corrected by about 25% over the past year, to decline any further.
“(Property) rates have fallen by about 10-25% over the past year-and-a-half. I …
It is more than two years since Kamal Sachdeva and brother Harish booked villas in Faridabad, an industrial area south of New Delhi that is fast becoming a housing destination, with Pal Infrastructure and Developers …
A decision by DLF Ltd, the country’s biggest realty firm by market value, to reduce prices of its apartments in Chennai and Bangalore by between 10% and 30% could trigger a wider correction in what …
Some foreign investors thought they could earn a quick buck from India’s property boom. How wrong they were. The country has avoided a subprime crisis, but is still suffering from a real estate crash.
The boom …
A plan to boost the revenues of airports in smaller cities, by leasing out land to private developers, has run into rough weather because of plummeting real estate values. The country’s largest airport operator, state-run …
Companies in sectors with foreign direct investment (FDI) limits could soon be exempted from taking prior approvals for participation by foreign funds in their share issues, as per new rules being considered by the government …
Indian Railways’ ambitious Rs 20,000-crore programme inviting the private sector to build and develop multi-modal logistics parks along the proposed eastern and western dedicated freight corridors has evoked interest from leading players in the field. …
Bollywood Superstar Shahrukh Khan enters the Real Estate arena with a major builder project to be announced in Dubai UAE. Shah Rukh Khan is reportedly personally involved in the conceptualization of the projects.
Beginning with a …
DDA Housing Scheme 2008 Draw help on 16th December 2008 announced the names of successful applicants. The allotments of the 5010 DDA flats on offer would be based on the lucky draw system that selects …
