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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Demand Pick Up may Boost Realty prices
Wednesday, 17 Feb, 2010 – 14:15 | No Comment
Demand Pick Up may Boost Realty prices

Home prices may remain firm or inch up slightly in metros such as Delhi and Mumbai and their suburbs despite an expected rise in interest rates as demand picks up once again on the back …

Incomplete Projects Creating Problems for Unitech
Wednesday, 17 Feb, 2010 – 13:08 | No Comment
Incomplete Projects Creating Problems for Unitech

Developer Unitech’s Rs 2,022 crore inflow from sale of part stake in the telecom business will bring down its debt, but it may not be time yet for investors to grab the stock as the …

Realty Estate Sector Witnessing Labour Shortage
Tuesday, 16 Feb, 2010 – 16:06 | No Comment
Realty Estate Sector Witnessing Labour Shortage

Real estate firms are feeling the pinch of skilled and unskilled labour shortage as infrastructure growth picks up and workers get tapped by retail and other service-oriented industries. Cost of acquiring and retaining talent is …

Real Estate Developers Have High Hopes from Budget 2010
Monday, 15 Feb, 2010 – 16:27 | No Comment
Real Estate Developers Have High Hopes from Budget 2010

Developers are re-calculating the upwards swing in the real estate industry, especially housing, provided Government pays special attention the sector. Various developers voice their expectations from Budget 2010.
AVNISH AGRAWAL, DIRECTOR, MERITON GROUP- Talking from common …

CREDAI Tamil Nadu comes up with Low Home Loan Offer
Monday, 15 Feb, 2010 – 13:00 | One Comment
CREDAI Tamil Nadu comes up with Low Home Loan Offer

The Tamil Nadu chapter of the Confederation of Real Estate Developers’ Associations of India (CREDAI) on Thursday announced an interest subvention scheme for those purchasing properties from its 45 members. Addressing a media conference on …

Axis Bank Withdraws its Teaser Home Loan Scheme before Schedule
Tuesday, 9 Feb, 2010 – 18:25 | No Comment
Axis Bank Withdraws its Teaser Home Loan Scheme before Schedule

The increase in the cash reserve ratio (CRR) has started taking a toll on interest rates, with Axis Bank withdrawing its teaser home loan scheme two months before schedule. India’s third-largest private bank had launched …

Real Estate Developers Reviving Big-Ticket Projects in Kolkata
Tuesday, 9 Feb, 2010 – 15:33 | No Comment
Real Estate Developers Reviving Big-Ticket Projects in Kolkata

Real estate developers are reviving big-ticket projects in Kolkata after securing a commitment from the West Bengal government that “some kind of incentive” would be offered to help them emerge from the downturn. The projects …

Highest Price rise in Mumbai Real Estate
Monday, 8 Feb, 2010 – 17:52 | No Comment
Highest Price rise in Mumbai Real Estate

Property-seekers might think Delhi-NCR has the maximum appreciation potential within a year’s time. However, it’s the Mumbai real estate market which beat all Indian cities in terms of price escalation over a period of 12 …

PE Firm Red Fort to Invest in a Project in Greater Noida
Monday, 8 Feb, 2010 – 17:34 | No Comment
PE Firm Red Fort to Invest in a Project in Greater Noida

Red Fort Capital, an India-focussed private equity (PE) firm, on Thursday announced a Rs 200-crore investment to pick up an undisclosed stake in a residential housing project to be developed by Noida-based real estate firm, …

Bharti Retail to Expand Operations in North India
Wednesday, 3 Feb, 2010 – 11:45 | No Comment
Bharti Retail to Expand Operations in North India

In its first phase of operations, Bharti Retail has strengthened its position in north India by opening 59 stores in Punjab, Haryana, Rajasthan, Uttar Pradesh and New Delhi, called Easy Day stores. In addition, it …