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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Banks Not to Increase Home Loan Lending Rates
Monday, 26 Apr, 2010 – 16:55 | No Comment
Banks Not to Increase Home Loan Lending Rates

Home loan borrowers and prospective car buyers can heave a sigh of relief. A quarter percentage point hike in signal rates by the Reserve Bank of India (RBI) on Tuesday is not big enough for …

RBI’s Decision Won’t Impact Housing Demand- Realtors
Sunday, 25 Apr, 2010 – 17:01 | No Comment
RBI’s Decision Won’t Impact Housing Demand- Realtors

Real estate developers said RBI’s decision to tighten the monetary policy would not have a negative impact on housing demand, as they do not foresee any increase in home loan rates. “It’s a very balanced …

Real Estate Companies Looking to Raise Money from Capital Market this Year
Wednesday, 14 Apr, 2010 – 23:10 | No Comment
Real Estate Companies Looking to Raise Money from Capital Market this Year

With the stock markets perking up and the real estate sector’s health also recovering, about 15 mid-and-large realty players are looking at tapping the capital market this year, a real estate expert said. About 15-odd …

SEBI to Conduct probe Against DLF’s ‘mis-statement’ in RHP
Tuesday, 13 Apr, 2010 – 20:14 | No Comment
SEBI to Conduct probe Against DLF’s ‘mis-statement’ in RHP

The Delhi High Court has directed stock market regulator SEBI to conduct probe against real estate giant DLF for alleged mis-statement in its Red Herring Prospectus while launching its IPO in 2007. The court passed …

SBI Likely to be Number 1 in Home loans
Monday, 12 Apr, 2010 – 10:30 | No Comment
SBI Likely to be Number 1 in Home loans

The country’s largest lender, State Bank of India is likely to be the number 1 position holder for home loans this fiscal too. This estimation is based on grounds of the bank’s projection of going …

Emaar Finds India the Most Attractive Market for Investment
Sunday, 11 Apr, 2010 – 22:45 | No Comment
Emaar Finds India the Most Attractive Market for Investment

Mohamed Bin Ali Alabbar, chairman of Dubai-based real estate major Emaar, finds India as one of the most attractive markets and would continue to invest in the country through its joint venture company Emaar MGF. …

RBI to come up with Two Real Estate Indices for Residential and Commercial Property Prices
Sunday, 11 Apr, 2010 – 22:09 | No Comment
RBI to come up with Two Real Estate Indices for Residential and Commercial Property Prices

The Reserve Bank of India (RBI) may soon come out with two real estate indices — one reflecting movements in residential property prices and another for commercial property rates. A RBI report on asset price …

Vision India Real Estate Plans Affordable Housing in Chennai
Saturday, 10 Apr, 2010 – 16:54 | No Comment
Vision India Real Estate Plans Affordable Housing in Chennai

Vision India Real Estate will make an investment of $100 to 200 million in the Chennai market over the next two years. According to Ilan Elad, Executive Director of the company, the focus will primarily …

Mumbai Developers Join Hand to build 500,000 affordable houses
Saturday, 10 Apr, 2010 – 9:54 | No Comment
Mumbai Developers Join Hand to build 500,000 affordable houses

Real estate developers in Mumbai propose to join hands to construct 500,000 affordable houses for middle and lower income groups in partnership with the Maharashtra government in the next five years in the fast-growing Mumbai …

Commercial Property on an Upswing
Friday, 9 Apr, 2010 – 18:54 | No Comment
Commercial Property on an Upswing

The commercial property is finally on an upswing. The spell cast by the global meltdown in 2008-09 is finally wearing off, as both office and retail space are back in demand. However, most of the …