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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Economic Survey Demands Foreign Investment in Multi-Brand Retailing
Thursday, 2 Jul, 2009 – 21:22 | No Comment
Economic Survey Demands Foreign Investment in Multi-Brand Retailing

The Economic Survey for 2008-09 Finance Minister Pranab Mukherjee tabled in parliament Thursday has advocated sweeping policy changes like foreign investment in multi-brand retailing and higher foreign stake in insurance companies. The survey report card …

CREDAI Demands Better Infrastructure from Kerala Govt
Thursday, 2 Jul, 2009 – 21:18 | No Comment
CREDAI Demands Better Infrastructure from Kerala Govt

The Confederation of Real Estate Developers Association of India (CREDAI) has demanded the Kerala government to improve infrastructure facilities, mainly road connectivity, to enable them to set up budget apartments in rural areas in the …

CREDAI Submits Paper on Slum Development and Affordable Housing to President
Thursday, 2 Jul, 2009 – 1:55 | No Comment
CREDAI Submits Paper on Slum Development and Affordable Housing to President

Real estate body, CREDAI, focused strongly on slum eradication, slum prevention and providing affordable housing, during its meeting with President Pratibha Patil here. “During our meeting, CREDAI …

Property Prices in Navi Mumbai on Rise
Thursday, 2 Jul, 2009 – 1:23 | No Comment
Property Prices in Navi Mumbai on Rise

Notwithstanding the concerns over the proposed international airport in Navi Mumbai, real estate prices around the satellite city have rising for the past one month. During the past 30 days, prices of medium residential apartments …

SEZ Developers can Raise Overseas Debt- GOVT
Thursday, 2 Jul, 2009 – 1:21 | No Comment
SEZ Developers can Raise Overseas Debt- GOVT

The government on Wednesday allowed developers of special economic zones to raise overseas debt for building infrastructure facilities within the zones. The move is expected to benefit companies such as Reliance Industries , Adani, Mahindra, …

Real Estate India Awaiting Demand Spur
Thursday, 2 Jul, 2009 – 1:16 | No Comment
Real Estate India Awaiting Demand Spur

India’s real estate sector wants larger tax breaks for new homes, especially for the largely untapped, middle-income and cheaper projects, to spur sales. The housing sector, the largest revenue contributor by far for real estate …

DLF’s DE Shaw Stake Buy Plan in Trouble
Thursday, 2 Jul, 2009 – 1:13 | No Comment
DLF’s DE Shaw Stake Buy Plan in Trouble

Plans by the promoters of top real estate company DLF to buy out hedge fund DE Shaw’s investment in family-owned DLF Assets (DAL) could hit a roadblock because of a little known rule in the …