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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PE funds may start investing in Real Estate in 2009
Saturday, 24 Jan, 2009 – 21:38 | One Comment
PE funds may start investing in Real Estate in 2009

Private equity (PE) funds may revive their interest in the real estate sector this year, after a lull of six to nine months, as valuations of properties have dropped by a third, making them attractive …

Banks, FIs buying property at throwdown prices!
Saturday, 24 Jan, 2009 – 21:33 | No Comment
Banks, FIs buying property at throwdown prices!

With real estate prices moving southwards, several banks and financial institutions are buying their own properties and shifting from rented and leased premises.
While the country’s largest financial institution, Life Insurance Corporation of India (LIC), has …

Area norms for foreign funding in real estate may be pared
Saturday, 24 Jan, 2009 – 21:20 | No Comment
Area norms for foreign funding in real estate may be pared

The Union government plans to change foreign ownership rules in the real estate sector by scaling down the minimum area requirements for residential and commercial projects that have overseas investment.
Current foreign direct investment (FDI) norms …

Builders affected by truckers’ strike, stock up building material
Sunday, 11 Jan, 2009 – 2:10 | No Comment
Builders affected by truckers’ strike, stock up building material

The truckers’ strike has put a stop on the supply of sand, cement and other materials crucial for the construction sector to do its business. The big builders are anticipating the worst, but for most …

Greed for Property may be the reason for Satyam’s fall
Sunday, 11 Jan, 2009 – 2:02 | No Comment
Greed for Property may be the reason for Satyam’s fall

Greed for real estate may be reason for the 54-year-old B Ramalinga Raju’s sudden exit from Satyam Computer Services, India’s fourth-largest IT company.
The Raju family, said real estate industry sources, might figure among India’s top 10 …

RBI says SEZ land purchase is commercial realty
Saturday, 10 Jan, 2009 – 15:25 | No Comment
RBI says SEZ land purchase is commercial realty

The Reserve Bank of India’s draft guidelines on classification of commercial real estate exposure of banks may provide some relief on loans provided for acquisition of units in special economic zones.
On other counts, however, RBI …

Kotak Realty raises $295m for Indian market
Saturday, 10 Jan, 2009 – 15:16 | No Comment
Kotak Realty raises $295m for Indian market

The Kotak Realty Funds Group, the real estate arm of India’s Kotak Mahindra Bank, has raised $295 million (€218 million) for offshore clients to invest in the country’s property market.
Chief executive S Sriniwasan told Reuters …

Best real estate investments for 2009
Monday, 5 Jan, 2009 – 15:02 | No Comment
Best real estate investments for 2009

Investing your money in real estate is not enough. Knowing where to invest is necessary for attractive gains in the property market. So which are the best places to invest in real estate in 2009? Global …

2008: worst year for realty, all hopes on 2009
Saturday, 27 Dec, 2008 – 21:56 | No Comment
2008: worst year for realty, all hopes on 2009

Things started to go wrong for the Indian real estate industry with the begining of 2008. Though the year began on a good enough note with big land deals like the Rs5000 crore BPTP deal in …

ISB planning Centre of Excellence on Real Estate
Friday, 26 Dec, 2008 – 0:50 | No Comment
ISB planning Centre of Excellence on Real Estate

The ISB is planning to setup a centre of excellence to study the Indian real estate sector and to build knowledge databases for professional management of the industry.
The B-school already has five centres of excellence …