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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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 …

Parsvnath overdue payments at Rs 143 crore
Wednesday, 7 Oct, 2009 – 13:49 | No Comment
Parsvnath overdue payments at Rs 143 crore

Parsvnath Developers has said its ‘overdue payments’ stood at Rs 63 crore and Rs 143 crore as on July 1 and August 31, respectively, under loan agreements and other outstanding indebtedness. The company said this …

RBI cautions banks on group exposure risk
Wednesday, 7 Oct, 2009 – 13:48 | No Comment
RBI cautions banks on group exposure risk

The Reserve Bank of India instructed banks to meticulously assess the inherent group risk on borrowal accounts coming under the real estate category.
This caution comes in the wake of the RBI’s findings that some of …

Banks Attempt to Make the Best of Festive Season by Lending More for Home Purchase
Friday, 25 Sep, 2009 – 17:36 | No Comment
Banks Attempt to Make the Best of Festive Season by Lending More for Home Purchase

State Bank of India, Deutsche Postbank, ING Vysya Bank and Punjab & Sind Bank are attempting to light up the festival season by lending more for home purchases than they did six months back, thanks …