Home buyers who have booked properties this calendar hoping they would get their homes in the next two years may be left disappointed, say analysts. That’s because real estate developers have used up the money …
The IndiaHome Property Exhibition, presented by Citibank NA and jointly organized by the Dubai-based Media Agency Middle East and Signature Events, has received a positive NRI response as 18 of India’s most reputed real estate …
Many of India’s notified special economic zones (SEZs) want to exit, downsize or postpone their SEZ-specific obligations. Blame it on flaws in the basic SEZ policy itself, and not just the slowdown. Though India’s SEZ …
Reliance Retail Limited that runs around 590 stores across 57 cities in India is planning to expand its business in the country especially in West Bengal. “We are currently working on how best we can …
India’s Finance Minister Pranab Mukherjee said that while inflation is an “important factor,” the central bank shouldn’t “compromise” on the nation’s economic growth. Policy makers will have to “strike a balance” in setting interest rates, …
Growing concerns over national security are forcing the government to tighten the foreign direct investment (FDI) regime, starting with pruning of the automatic route available to foreign investors pumping funds into various sectors. To start …
The residential sector will lead the revival of India’s realty industry as it will see a surge in demand by 30 percent by 2009-end, according to an industry lobby survey. ‘Although the real estate sector …
An interest rate war is brewing in the home loan segment this festive season. Development Credit Bank (DCB) and GIC Housing are offering home loans below the psychological 8% level. DCB, which recently entered the …
Emaar MGF Land Ltd, which plans to hit the market with an initial public offer (IPO) soon, might be carrying a jinx of sorts. The developer of the Commonwealth Games Village 2010 is now under …
Parsvnath Developers, a Delhi-based real estate company, is in talks with various private equity funds to raise around Rs 600 crore by the end of 2009-10 by selling stakes in its projects, a key official …
