Articles Archive for April 2009
As realtors in Punjab are finding it difficult to reduce prices, buyers have put their plans on hold till the market sees further correction. PPR Group Managing Director, Mr. Rajan Chopra said, “Most of …
To perk up the sluggish realty market in India, Unitech, DLF, HDIL, BPTP and others are offering a 30-40% discount on ongoing real estate projects. Analysts assert that such projects will facilitate demand and bring …
Foreign fund Goldman Sachs Investments Mauritius (India) has bought shares worth Rs 30.84 crore in Indiabulls Real Estate through open market transactions. As per the information on bulk deals available on the National Stock Exchange, …
Measures announced by the Central government to stimulate the economy by ensuring cheaper loans for homes and industry has raised hopes for people in the real estate and banking sectors. Banks like IDBI Home Finance, …
SRK Group has planned to invest Rs 50 billion in Kerala in the next five years for building apartments and villas in around 16 projects in places like Kochi, Thirssur and Thiruvananthapuram. Currently, the group …
With land prices going down, many medium-sized developers are trying to renegotiate the joint development agreements (JDAs), they had signed with landowners earlier. When the real estate market was at its peak, several medium-sized developers …
After the Reserve Bank of India reduced its key benchmark rate and cut the cash-reserve ratio requirement, property developers are expecting an increase in sales of homes. They are optimistic about attracting more overseas investment …
As per a study, DLF, Parsvnath and other property firms have lagged behind by 54 per cent in their target to open retail space even as retailers’ vacancy climbed to 16 per cent in 2008. …
The developer of palm-shaped islands off Dubai’s coast has announced that the company is considering selling shares to the public. The state owned company talked about the same in a report in London’s Sunday Telegraph …
Housing for all has remained an elusive goal in a country which is seeking to become a global economic power. The current economic crisis offers an opportunity to turn this dream into reality. The slump …
