Noida Extension Gets Green Signal: Tension Almost Over! NCR Planning Board gives conditional approval for Greater Noida Master Plan 2021
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Sun, 1/04/12 – 16:57 | No Comment

Around 50,000 homebuyers will heave a sigh of relief, as the uncertainty surrounding the fate of Noida Extension housing projects seems to be almost over.
The NCR Planning Board (NCRPB) on Thursday gave a conditional approval …

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Articles Archive for March 2009

Real Estate stocks rise on Budget expectations
Monday, 9 Mar, 2009 – 9:38 | No Comment
Real Estate stocks rise on Budget expectations

Most of the real estate stocks were trading firm Monday on expectations of another government stimulus package for the economy and amid hopes of rate cuts amidst fall in inflation.
BSE Realty index was the key …

Banks await clarity on FDI formula
Monday, 9 Mar, 2009 – 9:36 | No Comment
Banks await clarity on FDI formula

Two of the country’s largest financial institutions, ICICI Bank and HDFC, are hoping that the government will clarify on Monday whether they will be reckoned as Indian entities for FDI purpose.
The foreign stake in the …

Indians feel the pinch as property bubble bursts
Saturday, 7 Mar, 2009 – 13:41 | No Comment
Indians feel the pinch as property bubble bursts

From building boom to bust, India was part of a larger real estate bubble created partly by loose monetary policies.
Al Jazeera’s Matt McClure reports from a Delhi suburb where both investors and labourers are losing …

Our Country will have its own housing index too
Friday, 6 Mar, 2009 – 15:33 | No Comment
Our Country will have its own housing index too

A technical advisory group (TAG) set up by the Reserve Bank of India (RBI) has recommended the creation of a Housing Start-up Index (HSUI) to be based on newly-built residential units in urban India and …

Hamptons International now targetting Indian Residential Market
Thursday, 5 Mar, 2009 – 16:36 | No Comment
Hamptons International now targetting Indian Residential Market

Hamptons International is one of the premier international residential agents offering an extensive portfolio of properties across the globe. It has announced a strong focus for the Indian market. Recently, it has established a leadership …

Reserve Bank of India decides to cut its key rates
Thursday, 5 Mar, 2009 – 16:30 | No Comment
Reserve Bank of India decides to cut its key rates

The Reserve Bank of India’s (RBI’s) decision to cut its key rates — repo as well as reverse repo — has renewed India Inc’s hope of fresh round of lending rate cuts by banks. Industry …

Property brokers taking advantage of the slowdown..
Thursday, 5 Mar, 2009 – 16:21 | No Comment
Property brokers taking advantage of the slowdown..

Property brokers are taking advantage of the slowdown in the residential real estate market by increasing the commission they charge from developers. As house and apartment sales sag, brokers, who typically charged 2-5% of the …

Economic outlook for real estate in 2009 – Savior Group
Tuesday, 3 Mar, 2009 – 13:37 | No Comment
Economic outlook for real estate in 2009 – Savior Group

The swearing-in ceremony of US president Barrack Obama was most watched event on television. Those eagerly looking for the new president’s taking his term included business houses and market leaders alike. Even though it is …

NRI realty investments dropping….
Monday, 2 Mar, 2009 – 17:34 | No Comment
NRI realty investments dropping….

The NRI season is now at its fag end. Despite undertaking tours to the US, the UK and Middle East and doling out freebies and discounts,realtors have been unable to catch the attention of this …

Home Loans schemes not performing as expected….
Monday, 2 Mar, 2009 – 17:21 | No Comment
Home Loans schemes not performing as expected….

Two months after lower interest rates were announced for home loans up to Rs 20 lakh, public sector banks (PSBs) have cleared only 28,000 proposals and disbursed Rs 1,550 crore under this special scheme.
For instance, …