Realty Bill may open new doors to transparent, secure home buying
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Tue, 6/12/11 – 15:41 | No Comment

For many, buying a residential property is the biggest investment they make in their lifetime. Last week, the government released for public comments a draft Real Estate Regulation Bill, which is said to be on …

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Articles Archive for April 2009

Omaxe Pays Back Rs 201 Crore To Indiabulls
Wednesday, 29 Apr, 2009 – 10:57 | No Comment
Omaxe Pays Back Rs 201 Crore To Indiabulls

Cash-strapped realty company, Omaxe has managed to pay Indiabulls Financial Services Rs 21 crore in December 2008. With this payment, Omaxe has been able to pay Rs 201 crore against the total loan of Rs …

Shops bring in investors in emerging property markets
Wednesday, 29 Apr, 2009 – 10:54 | No Comment
Shops bring in investors in emerging property markets

Property investors with a keen eye for the next ‘hot’ market are expected to follow the trend of retailers who are looking to emerging markets for growth.
As the economic downturn continues to tighten belts in …

Off-plan still popular in Goa
Wednesday, 29 Apr, 2009 – 10:53 | No Comment
Off-plan still popular in Goa

International property investors seeking risk free properties in Goa are pushing up the prices of last year’s off-plan developments, according to real estate agents.
Units from last year’s off-plan developments are selling at between 40% and …

India reaches out to non resident property investors
Wednesday, 29 Apr, 2009 – 10:53 | No Comment
India reaches out to non resident property investors

Real estate developers and agents in India are now offering more solutions to market properties to Non-Resident Indians (NRIs) and international property investors. Their focus is geared to target the burgeoning and lucrative market …

Shops bring in investors in emerging property markets
Wednesday, 29 Apr, 2009 – 10:52 | No Comment
Shops bring in investors in emerging property markets

Property investors with a keen eye for the next ‘hot’ market are expected to follow the trend of retailers who are looking to emerging markets for growth.
As the economic downturn continues to tighten belts in …

Asia Pacific shows best industrial sector rental growth
Wednesday, 29 Apr, 2009 – 10:47 | No Comment
Asia Pacific shows best industrial sector rental growth

Mumbai, India’s financial capital has recorded the world’s biggest rise in industrial rental, according to a new study.
US-based real estate consultancy Cushman & Wakefiled, found the industrial property rentals nearly doubled in Mumbai in 2007 …

Banks in key Asian economies take steps to ease lending constraints
Wednesday, 29 Apr, 2009 – 10:05 | No Comment
Banks in key Asian economies take steps to ease lending constraints

Banks in Asia are taking steps to ease the strain on lending and help stimulate falling property markets.
China is no longer imposing strict limits on bank lending, as it seeks to preserve stable and relatively …

Investing in Land, its is the safest thing yet says AbodesIndia
Monday, 27 Apr, 2009 – 12:38 | No Comment
Investing in Land, its is the safest thing yet says AbodesIndia

You can never lose money in uncertain times by investing in land. Other asset classes like equities, bonds , currency, commodities will show extreme price volatility while land prices are normally less liquid and therefore …

South or suburbs, one rule for assessing property tax
Monday, 27 Apr, 2009 – 12:35 | No Comment
South or suburbs, one rule for assessing property tax

Mumbai Residents of South Mumbai will now have higher property tax assessment while those in the suburbs will see a reduction in taxes following the passing of the Bill to allow the Brihanmumbai Municipal Corporation …

Demand for affordable housing in India is still far outstripping supply
Monday, 27 Apr, 2009 – 12:30 | No Comment
Demand for affordable housing in India is still far outstripping supply

The growing middle class and services sectors continues to generate demand for affordable housing, which is in short supply to meet it, according to Property Abroad’s director, Les Calvert, he said:
“The [Indian] middle class continues …