Real estate sector in India is going through a tough phase. If this trend continues for another 6-8 months, then 20 percent of the professional architects may lose their job, reported Business Standard. The damage can be severe as more …
Today, DDA announced the results of the much-awaited draw of lots of the Delhi Development Authority (DDA) Housing Scheme 2008. Although DDA’s site hanged as number of applicants tried to ccheck their fate, we arranged the full …
DLF, India’s biggest real estate developer said that it would invest Rs.15,000 crores over the next three years to develop various mid-income residential projects (affordable houses) across the country in Rs. 15.-40 lakh range.
DLF’s investment plans for …
A dream home in Chennai has become a lot cheaper. Hit hard by the financial meltdown, the construction industry is trying hard to get back to brisk business through affordable housing.
Now, the new price tags …
IL&FS Investment Managers has raised around $895 million (Rs. 43,855 crore) for its second real estate fund. The fund, called the IL&FS India Realty Fund 2(IIRF-2), which was closed on Monday, promised overseas investors a return as …
India’s central bank slashed key interest rates by 1 percentage point Saturday amid signs of slowing economic growth and damaged investor confidence following the recent terror attacks in Mumbai.
The cut, to take effect Monday, will …
The much-awaited economic stimulus package is likely to be announced by Prime Minister Manmohan Singh on Monday (December 8). The comprehensive relief package will include incentives for the realty, financial services and export sector to …
After launching mid-income houses, real estate companies are now targeting low-priced homes in the sub-Rs 10 lakh category to improve cash flows and beat the slump in the property market that has been driven by …
During this interview with Bloomberg, DLF Chairman, Mr. Rajiv Singh mentioned that DLF may have to defer some of its lease projects due to the current crisis. However, he denies any layoffs even though conflicting …
Don’t bury those dreams of buying a house just yet. There are hopes of prices coming down with developers considering a two-point strategy to overcome the depressed sentiments in the realty sector. According to industry …
