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 February 2010

Specialty Malls to Trigger Retail Boom in India
Thursday, 25 Feb, 2010 – 15:21 | One Comment
Specialty Malls to Trigger Retail Boom in India

Specialty Malls seem to be the new retail buzzword which is likely to dominate the Indian retail market now onwards. With a huge influx of sparkling malls with finely tuned marketing strategies mushrooming in cyber …

Foreign investors bullish on realty, construction sectors
Thursday, 25 Feb, 2010 – 12:22 | No Comment
Foreign investors bullish on realty, construction sectors

New Delhi: Foreign investors have remained bullish on India’s housing, real estate and construction sectors in the last two years, undaunted by scarce global financial resources.
Foreign Direct Investment (FDI) in terms of inflows into equity …

Develop affordable houses, not malls: Government to realtors
Thursday, 25 Feb, 2010 – 12:18 | No Comment
Develop affordable houses, not malls: Government to realtors

New Delhi: The government Wednesday told real estate developers to construct more affordable houses rather than shopping malls.
“It is not advisable to invest largely in shopping malls as of now. What we need today is …

Residential property prices may rise by 10%: Cushm
Thursday, 25 Feb, 2010 – 12:15 | No Comment
Residential property prices may rise by 10%: Cushm

New Delhi: Residential property prices are likely to rise by up to 10 per cent in the next six months as demand has picked up, says a realty consultant firm.
“Prices can rise up to 10 …

Realty firms eye infrastructure push, easier taxes in budget
Thursday, 25 Feb, 2010 – 12:10 | No Comment
Realty firms eye infrastructure push, easier taxes in budget

Mumbai: Realty firms, recovering from a slump that saw prices drop 25-30 percent, hope tax sops are extended to boost construction of affordable homes, but eye more benefits from an anticipated push to infrastructure and …

Real estate sector stabilising but risk remain: Fitch
Thursday, 25 Feb, 2010 – 12:04 | No Comment
Real estate sector stabilising but risk remain: Fitch

New Delhi: Fitch Ratings has on Wednesday said in a just published Special Report that its 2010 Outlook for the Indian real estate sector remains Negative; however, the sector could exhibit signs of stability by …

Decision on Navi Mumbai SEZ next month
Wednesday, 24 Feb, 2010 – 10:28 | No Comment
Decision on Navi Mumbai SEZ next month

The decision on the fate of the proposed Navi Mumbai multi-product SEZ will be taken in the meeting of the board of approval (BoA) for SEZs on February 11.
The board is scheduled to look …

All SEZs have to get green certification: Centre
Wednesday, 24 Feb, 2010 – 10:18 | No Comment
All SEZs have to get green certification: Centre

The government has issued new guidelines making it mandatory for all existing and new special economic zones (SEZs) to obtain green certification.
The UPA government has come out with rules which clearly state that developers …

Office rents in Mumbai twice that in Manhattan: Knight Frank survey
Wednesday, 24 Feb, 2010 – 10:13 | No Comment
Office rents in Mumbai twice that in Manhattan: Knight Frank survey

Office rentals globally are expected to remain stable or increase in 2010, according to global property consultancy firm Knight Frank’s annual projection for the year. Tokyo continued to command the highest office rents in the …

Real estate picks up, stocks yet to do so
Wednesday, 24 Feb, 2010 – 10:09 | No Comment
Real estate picks up, stocks yet to do so

The real estate sector may have revived after the global meltdown last year, yet that’s not getting reflected in the realty stocks. The BSE’s Realty Index, one of the popular benchmarks used to keep tabs …