Real Estate Developers Have High Hopes from Budget 2010
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Mon, 15/02/10 – 16:27 | No Comment

Developers are re-calculating the upwards swing in the real estate industry, especially housing, provided Government pays special attention the sector. Various developers voice their expectations from Budget 2010.
AVNISH AGRAWAL, DIRECTOR, MERITON GROUP- Talking from common …

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Articles Archive for April 2009

Dearth Of Home Buyers In Punjab
Wednesday, 29 Apr, 2009 – 12:27 | No Comment
Dearth Of Home Buyers In Punjab

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 …

Realtors Offer 40% Discount To Buyers
Wednesday, 29 Apr, 2009 – 12:26 | No Comment
Realtors Offer 40% Discount To Buyers

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 …

Goldman Sachs Buys A Rs 30 Crore Stake In Indiabulls Real Estate
Wednesday, 29 Apr, 2009 – 11:21 | No Comment
Goldman Sachs Buys A Rs 30 Crore Stake In Indiabulls Real Estate

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, …

Sluggish Realty Market To Jumpstart Again
Wednesday, 29 Apr, 2009 – 11:19 | No Comment
Sluggish Realty Market To Jumpstart Again

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, …

DLF, SRK Plan To Invest Rs. 90 Billion In Kerala
Wednesday, 29 Apr, 2009 – 11:16 | No Comment
DLF, SRK Plan To Invest Rs. 90 Billion In Kerala

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 …

Small Realty Companies To Rework Their Pact With Landowners
Wednesday, 29 Apr, 2009 – 11:16 | No Comment
Small Realty Companies To Rework Their Pact With Landowners

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 …

Buyers Are Back In The Market, Realtors Assert
Wednesday, 29 Apr, 2009 – 11:15 | No Comment
Buyers Are Back In The Market, Realtors Assert

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 …

Realtors Unable To Achieve Retail Space Target
Wednesday, 29 Apr, 2009 – 11:15 | No Comment
Realtors Unable To Achieve Retail Space Target

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. …

Dubai Developer Planning To Sell off Stake
Wednesday, 29 Apr, 2009 – 11:14 | No Comment
Dubai Developer Planning To Sell off Stake

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, A Dream That Might Come True Soon
Wednesday, 29 Apr, 2009 – 11:14 | No Comment
Housing For All, A Dream That Might Come True Soon

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 …