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

Property developer Prestige Group Plans Houses in Rs 12-25 lakh range
Wednesday, 29 Jul, 2009 – 13:27 | No Comment
Property developer Prestige Group Plans Houses in Rs 12-25 lakh range

Property developer Prestige Group is evaluating building houses in the Rs 12-25 lakh range as it believes this segment will bring in volumes. On whether this will be a viable option for the builder, Irfan …

Karnataka Tier 2 and 3 Real Estate Still Suffering slowdown
Wednesday, 29 Jul, 2009 – 13:22 | No Comment
Karnataka Tier 2 and 3 Real Estate Still Suffering slowdown

Karnataka tier 2 3 realty real estate property UTVi developer housing Despite Bangalore’s real estate market showing signs of recovery, properties in tier-2 and tier-3 cities …

Realty companies are back on track
Wednesday, 29 Jul, 2009 – 13:11 | No Comment
Realty companies are back on track

Emaar MGF, Godrej Properties, Lodha Developers, Sahara Prime City, Nitesh Estates and Sriram Properties will all hit the capital markets in the current year, declaring that the worst may be over for an industry …

ITC hotel Joins Hand with Competitors
Wednesday, 29 Jul, 2009 – 13:06 | No Comment
ITC hotel Joins Hand with Competitors

For the first time, ITC Ltd—the country’s biggest tobacco company which also runs hotels—told its shareholders that it was willing to integrate with itself the businesses of competing hotel companies such as EIH Ltd and …

Real Estate and Other Sectors Woo Govt Employees
Wednesday, 29 Jul, 2009 – 13:00 | No Comment
Real Estate and Other Sectors Woo Govt Employees

All eyes are now on the government sector. Government employees are being wooed like never before be it real estate, consumer durables and auto. In fact, banks are also introducing special schemes to woo the …

Real Estate Downfall Hits NHAI, REC Bonds
Tuesday, 28 Jul, 2009 – 10:26 | No Comment
Real Estate Downfall Hits NHAI, REC Bonds

With real estate valuations falling, the rush at the few remaining counters selling capital gains tax-exempt bonds is tapering off. The National Highways Authority of India (NHAI) and Rural Electrification Corporation Limited (REC), the two …

Tax Break for Developers
Tuesday, 28 Jul, 2009 – 10:14 | No Comment
Tax Break for Developers

The government will extend tax breaks for industrial park schemes and developers of real estate and road projects to stimulate the economy and lift growth to 8-9 percent by the end of 2010, the finance …

Making a Smart Property Deal
Tuesday, 28 Jul, 2009 – 10:10 | No Comment
Making a Smart Property Deal

Is it a good time to buy or sell in the real estate market right now? Chances are that as a prospective buyer or a property owner, you may be facing a serious dilemma. Industry …

3-Yr Lock-In On FDI in Real Estate- Govt
Tuesday, 28 Jul, 2009 – 10:01 | No Comment
3-Yr Lock-In On FDI in Real Estate- Govt

The government is weighing the impact of a possible three-year ban on stake sale by foreign investors in real estate projects, a decision that could affect future capital inflows into the sector. Real estate developers …

5% to15% Mall Vacancies in Major Retail Destinations
Tuesday, 28 Jul, 2009 – 9:55 | No Comment
5% to15% Mall Vacancies in Major Retail Destinations

Mall vacancies in major retail destinations such as Delhi, Mumbai, Pune and Hyderabad climbed between 5% and 15% in June 2009, even as developers rewire their strategies to sustain cash flows. During the past six …