Fitch Ratings anticipates a stable outlook for the Indian construction industry in 2010, though a significant increase in asset ownership through build, own, operate and transfer (BOOT) projects may lead to some negative rating pressure. …

Growth in the information technology (IT) industry is spelling good news for the real estate sector too.
With all large infotech companies back in hiring mode, there has been a rise in activity in the …

Special economic zones or SEZs would continue to enjoy tax benefits in their current form even after the proposed direct tax code is implemented – this will be clarified by the government in the budget. …

Large real estate companies are expecting a hike of 15-20 per cent in their average price realisation (APR) by the end of this year, due to a substantial increase in demand for residential as well …

A real estate fraud that is unraveling itself in the city is expected to hit at least a million investors. Many unregistered firms have sold plots that have no legal sanction from any authority.
The …

Skidmore Owings & Merrill (SOM), architectural and engineering firm that designed the world’s tallest building, Burj Khalifa, has been roped in by Godrej Properties for a Rs5,000-crore project in Gujarat.
The Chicago-based architects and engineers …

The good times for infrastructure, retail and other service-oriented industries are implying – more recruitment by these firms. Real estate firms are finding it difficult to get skilled and unskilled labour shortage as the cost …

The Government must carry on with the tax benefit under Section 80 IB to create huge housing stock, particularly in budget segment across the country, according to Sunil Mantri, Chairman, Sunil Mantri Group.
According to …

The National Housing Bank (NHB), which recently unveiled the first residential house price index (Residex), plans to extend its coverage to 35 cities this year and is in the process of collecting 30,000 entries for …

The Supreme Court has ruled that no government can selectively opt for any particular land for acquisition. It has ruled that to adopt a “pick and choose” policy for acquiring private land is violative of …