Articles Archive for April 2009
According to an industry survey, fresh investment plans in the real estate segment have taken a plunge of about 82 per cent between the first and the third quarter of the current financial year showing …
Falling sales and severe cash crunch have halted the development of more than 450 real estate projects in Pune. This has resulted in loss of jobs of around 5,000 construction workers. A detailed survey undertaken …
Realty firm, Omaxe has announced its plans to launch 10,000 low-cost homes in Indore next month, which would be developed at about Rs 1,000 crore (Rs 10 billion). It will launch these budget-flats in the …
A survey by global real estate consultancy Cushman and Wakefield (C&W) has revealed that average capital values of luxury properties in posh localities across major metros have fallen by 10%-20% during the last three months. …
The slump in the realty sector, which accounts for about 65 per cent of the total cement consumption in India, has affected the cement sector. Since most realtors are facing a severe cash crisis, it …
19th March’ 09, Chennai: BSCPL Infrastructure Ltd., a major player in the construction Industry, today announced the launch of its prestigious project “Bollineni Hillside”, on OMR. Formerly known as B Seenaiah & Co Projects Ltd., …
DA’s latest allottees will have to wait to get their flats. The investigation into the alleged housing scheme scam, which had so far centered on allotments in the reserved categories, will now also scrutinize General …
Real estate developers have come up with a new gimmick to attract buyers. After budget-houses, builders have come out with ’semi-luxury’ flats to cater to high-end buyers. The purpose is to provide various amenities offered …
Buyers in Pune have adopted a wait-and-watch policy in an anticipation of a steep fall in prices as builders scramble to prevent a further slide. Statistics with the stamp registration controller’s office suggest that property …
As the property graph continues to go down, the state government plans to reduce the property rates in the Ready Reckoner to reflect reality. The reduction might well be in the range of 10 to …
