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 October 2009

Home Loan Interest Rates Decline Further
Thursday, 8 Oct, 2009 – 17:57 | No Comment
Home Loan Interest Rates Decline Further

An interest rate war is brewing in the home loan segment this festive season. Development Credit Bank (DCB) and GIC Housing are offering home loans below the psychological 8% level. DCB, which recently entered the …

Emaar MGF Being Investigated for alleged violations of FDI Norms
Thursday, 8 Oct, 2009 – 17:54 | No Comment
Emaar MGF Being Investigated for alleged violations of FDI Norms

Emaar MGF Land Ltd, which plans to hit the market with an initial public offer (IPO) soon, might be carrying a jinx of sorts. The developer of the Commonwealth Games Village 2010 is now under …

Real Estate Developer Parsvnath to Raise Rs 600 cr by Selling Stakes in Realty Projects
Thursday, 8 Oct, 2009 – 17:48 | No Comment
Real Estate Developer Parsvnath to Raise Rs 600 cr by Selling Stakes in Realty Projects

Parsvnath Developers, a Delhi-based real estate company, is in talks with various private equity funds to raise around Rs 600 crore by the end of 2009-10 by selling stakes in its projects, a key official …

Dubai all Set to Host Indian Property Exhibition
Thursday, 8 Oct, 2009 – 17:45 | No Comment
Dubai all Set to Host Indian Property Exhibition

The IndiaHome Property Exhibition, which helps the Indian diaspora get information on a range of residential real estate opportunities in India, will be held in Dubai from October 9-11.
The exhibition invites prominent builders from across …

Raheja gets 500 crores’ Delhi slum project
Thursday, 8 Oct, 2009 – 17:42 | No Comment
Raheja gets 500 crores’ Delhi slum project

DDA has awarded Delhi’s first slum redevelopment project, worth Rs 500 crore, to a local builder, Raheja Developers, in a move that may see more such projects in the national capital resulting in better living …

Happy days are back into realty
Thursday, 8 Oct, 2009 – 17:39 | No Comment
Happy days are back into realty

Realty industry is all set to be lift up this Diwali. At least 12 public offerings, a slew of new projects and the return of private equity funds that had turned away proposals due …

Landscape expo in Hyderabad
Thursday, 8 Oct, 2009 – 17:38 | No Comment
Landscape expo in Hyderabad

Mr K Rosaiah, Andhra Pradesh Chief Minister, inaugurated the fourth International Landscape and Gardening Expo 2009. About hundred exhibitors from fifteen countries, including the US and Australia, are taking part in the event. A conference, …

Godrej to develop Vikhroli property
Thursday, 8 Oct, 2009 – 17:37 | No Comment
Godrej to develop Vikhroli property

Godrej Industries has entered into an agreement with Godrej & Boyce and Godrej Properties to form a special purpose vehicle for developing its property at Vikhroli, the company said in a communique to the BSE.
Without …

Buyers realize homes still not their cup of tea
Thursday, 8 Oct, 2009 – 17:35 | No Comment
Buyers realize homes still not their cup of tea

Property prices across the country are 10-25% lower than their peak in early 2008. Bank rates are about 4 percentage points lower. Still, the vast majority of the exploding middle class, which aspires to own …

Residential property prices may go down
Wednesday, 7 Oct, 2009 – 14:04 | No Comment
Residential property prices may go down

Knight Frank India said that prices in the residential property segment are likely to decline in a short time. Knight Frank India Chairman Pranay Vakil said, “We feel prices of residential segment may go down …