Articles Archive for July 2009
The cost of bank loans for firms engaged in the business of hotels and hospitality may decline, with the Reserve Bank of India (RBI) proposing to keep such loans out of what is considered to …
DLF has dropped its plans to develop a mall on upmarket Commander-in-Chief Road in Chennai due to the ongoing economic recession.
The company has now sought permission to develop the land as a premium residential project. …
The Propertywala sector appears to have found its feet with focus on affordable housing and this may reflect in the June quarter results of the companies. The move has led to higher sales for many …
In a move expected to give a big push to the housing sector in Gurgaon and Faridabad, the Haryana Housing Board is in the process of inviting expressions of interest for building 8,000 flats in …
India’s legendary Lake Palace, a favourite hotel of the rich and famous and known as one of the most romantic retreats in the world, has lost its lake. Guests at the five-star hotel, which is …
Members from the Confederation of Real Estate Developers Association of India (CREDAI) will be meeting the RBI Governor D Subbarao next week to demand more Government support for the struggling real estate sector. The developers …
After long lull, there is flurry of activities in the realty sector. The large NRI community, especially Malyali and Punjabi, are on rampage. If the recent study of Assocham on the real estate scene in …
“No frills, Simple homes” reads the banner hanging in the Delhi headquarters of Unitech, India’s leading property developer. It’s a mantra that has been taken up by realtors across the country with a new-found passion …
Malaysia-based hospital chain Columbia Asia Hospitals plans to set up 15 new multi-speciality hospitals in India in three years. It plans to invest around $100 million for the expansion which will take up bed strength …
Industry body Assocham along with the Ministry of Commerce and Industry will lead a 40-member business delegation comprising representatives from Videocon, JSW Steel, SAIL and others to Japan to attract investments to India’s Special Economic …
