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 September 2010

Delhi CM Blames Emaar-MGF and DDA for Commonwealth Games Mess
Thursday, 30 Sep, 2010 – 15:21 | No Comment
Delhi CM Blames Emaar-MGF and DDA for Commonwealth Games Mess

Under fire from all quarters for the mess surrounding the Commonwealth Games Village, Delhi Chief Minister Sheila Dikshit trained her guns on the Delhi Development Authority (DDA) and Emaar-MGF on Monday. The …

Godrej Observes High Growth Rate- Plans to Launch More Projects
Thursday, 30 Sep, 2010 – 13:17 | No Comment
Godrej Observes High Growth Rate- Plans to Launch More Projects

Speaking at the Reuters India Investment Summit in Mumbai, Adi Godrej said the company, which is already developing 90 million square feet across India, would announce about five new projects this year …

Vascon Plans to Develop 105 Acre Township worth Rs 2,000-cr in Chennai
Thursday, 30 Sep, 2010 – 12:14 | No Comment
Vascon Plans to Develop 105 Acre Township worth Rs 2,000-cr in Chennai

Pune-based Vascon Engineers, plans to invest Rs 2,000-crore to develop a 105-acre township in Chennai over six-years, a top company official said. “We plan to develop a 105-acre township, predominantly residential, at …

Real Estate Bubble Building- NHB Cautions Banks
Thursday, 30 Sep, 2010 – 11:11 | No Comment
Real Estate Bubble Building- NHB Cautions Banks

The National Housing Bank (NHB), the regulator for housing finance companies, on Monday advised lenders to exercise caution on lending to high-value properties, even as it warned that a potential real estate …

IL&FS, Reliance to join hands for industrial township in Haryana
Thursday, 30 Sep, 2010 – 9:08 | No Comment
IL&FS, Reliance to join hands for industrial township in Haryana

NEW DELHI: Infrastructure Leasing & Financial Services will become an equal partner with Reliance Industries to develop an industrial township in Haryana, a project that is a pale shadow of what was planned as an …

Realty prices soar as CWG development makes sites attractive
Thursday, 30 Sep, 2010 – 7:08 | No Comment
Realty prices soar as CWG development makes sites attractive

NEW DELHI: The shoddy development of facilities for the upcoming Commonwealth Games may have come under fire but …

Developers Planning to Tap Capital Market
Wednesday, 29 Sep, 2010 – 16:00 | No Comment
Developers Planning to Tap Capital Market

After an almost six-month lull, real estate developers like Oberoi Realty and Prestige Estates are planning to tap capital markets next month with Initial Public Offer (IPO) issues, according to media reports.
The …

DLF Expecting Sales of Rs 8,500-9,500 crore in FY11
Wednesday, 29 Sep, 2010 – 14:00 | No Comment
DLF Expecting Sales of Rs 8,500-9,500 crore in FY11

Driven by a resurgence in the commercial and luxury real estate segments, Delhibased DLF says it expects sales of Rs 8,500-9,500 crore in FY11, a growth of 20 per cent to 30 per …

Maytas Properties will have a strategic Investor Soon- Ved Jain
Wednesday, 29 Sep, 2010 – 12:00 | No Comment
Maytas Properties will have a strategic Investor Soon- Ved Jain

A suitor or a strategic investor for Maytas Properties will be finalised within a month or so, according to Ved Jain, government — appointed director on Maytas Properties Board. Speaking on …

Omaxe bags Mohali Project
Wednesday, 29 Sep, 2010 – 10:00 | No Comment
Omaxe bags Mohali Project

Realty firm Omaxe has bagged Rs 70.4 crore infrastructure project from Greater Mohali Area Development Authority (GMADA) for highway and bridge construction.
Omaxe Infrastructure & Construction (OICL), a wholly owned subsidiary of the …