Articles Archive for July 2009
The government department responsible for the promotion of industry is proposing easier rules to allow overseas investors to be part of smaller real estate projects and lower capitalisation norms for those which involve facilities related …
Hi-Tech Infrastructure Private Limited, promoted by Coimbatore-based KG Information Systems Limited (KGISL), plans to invest around Rs 600 core over the next two years in building a township at a special economic zone (SEZ), the …
India’s retail business, the second largest employer after agriculture, is estimated to touch $590 billion in two years, Parliament was informed today. “The retail trade is estimated to grow at 13 per cent per annum …
Banks in India are urging property developers to stop increasing real estate prices as it could stall a recovery in the market.
There is considerable disquiet that the developers have been taking advantage of a pick …
Commercial real estate transactions, considered a key indicator of economic activity, is showing first signs of stability after a free fall during the early part of this year. According to real estate consultants, the worst …
The Government has announced that it is considering model legislation on regulating real estate in Delhi. In reply to a written question in the Rajya Sabha, minister of state for urban development Saugata Roy said …
Cinepolis India, part of Mexico-based entertainment giant Cinépolis, has entered in to a strategic partnership with real estate development company Advance India Projects Ltd (AIPL) for its north India operation. As part of the plan, …
IREO, the first and the largest global investment fund dedicated to the Indian real estate sector, today announced its foray into real estate development with a portfolio of 13 projects located in prime locations around …
India’s largest listed property developer, DLF Ltd (DLF.BO), has sold its stake in an equal joint venture with Ackruti City (ACKR.BO) to a U.S.-based real estate fund for more than 2 billion rupees ($41 million), …
Developers in India have stopped offering discounts on properties and in some cases are even increasing prices as demand rises.
Rising sales are also prompting some developers to return to the luxury end of the real …
