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 July 2009

Unitech is looking for restructuring loan
Tuesday, 7 Jul, 2009 – 20:46 | No Comment
Unitech is looking for restructuring loan

Unitech, India’s second largest listed real estate company, is looking at restructuring a Rs 800-crore loan from public sector banks, as it attempts to save itself from sinking under the huge debt burden. The company …

Small realty cos rework deals with landowners
Tuesday, 7 Jul, 2009 – 20:44 | No Comment
Small realty cos rework deals with landowners

With reduction in land prices , an average 30% across India in the past 6 months, many medium-sized developers are trying to renegotiate the joint development agreements, they had signed with landowners earlier.
“Renegotiations have definitely …

Ambuja Realty plans to spread
Tuesday, 7 Jul, 2009 – 20:43 | No Comment
Ambuja Realty plans to spread

Ambuja Realty will move ahead with the strategy to broaden its horizons into real estate, hospitality, life care and education at the period of economic slowdown.
Mr. Harshavardhan Neotia, chairman of Ambuja Realty, said that the …

Real estate- The hottest destination
Tuesday, 7 Jul, 2009 – 20:42 | No Comment
Real estate- The hottest destination

Real estate sector is always seen as backbone of Indian economy. This sector was ignored by investors for a long time. But now a days, it is the most favorable investment option in India. The …

Rush for affordable mhada housing
Tuesday, 7 Jul, 2009 – 20:41 | No Comment
Rush for affordable mhada housing

The unprecedented rush for flats constructed by the Maharashtra Housing and Area Development Authority (MHADA) has proved that even in times of recession there is a huge demand for affordable housing in Mumbai.
Mhada’s affordable housing …

Housing sector is back on track
Tuesday, 7 Jul, 2009 – 20:40 | No Comment
Housing sector is back on track

Real estate industry has started showing the signs of recovery. Effect of recovery will be shown in coming quarter. These are not baseless talks. Launching of new projects at low interest rates is the main …

Further Price Cuts Unlikely- Developers
Tuesday, 7 Jul, 2009 – 20:36 | No Comment
Further Price Cuts Unlikely- Developers

Riding high on the return of demand and rising sales in housing, several real estate developers are stopping discounts, have stalled further price cuts, increased prices in budget housing projects launched recently, and are returning …

Delhi and Mumbai Dominate Residential Market
Tuesday, 7 Jul, 2009 – 20:23 | No Comment
Delhi and Mumbai Dominate Residential Market

The rest of India almost doesn’t matter – at least when it comes to realty. Think property and you think capital Delhi and financial capital Mumbai. These two metros, along with their suburbs, comprise the …

Retail Sector Speaks out about Budget 09
Tuesday, 7 Jul, 2009 – 20:21 | No Comment
Retail Sector Speaks out about Budget 09

India Inc’s expectations ahead of the much awaited general budget to be presented by Finance Minister Pranab Mukherjee later today, are high. IndiaRetailing contacted some key industries related to retail and real estate to gauge …

Realtors use technology to boost productivity
Tuesday, 7 Jul, 2009 – 18:29 | No Comment
Realtors use technology to boost productivity

SALES slowdown, stagnating capital values and a need to manage resources better are pushing Indian realty firms to invest in technology that will help them achieve optimum productivity, information access and regulatory compliance.
End-to-end enterprise resource …