Real estate developers may soften the home loan rates for its consumers despite the fact that banks may be hesitant to reduce the lending rates even after the CRR cut.
Banks are planning to wait for …
Real estate developer, JMD Group, will be developing two township projects in Punjab and Haryana with an estimated investment of Rs 750 crore. The Group, which had floated a company JTPL Townships Private Limited for …
The serviced apartment players in Indian metros have seen a drop in occupancy rates, thanks to lower travel spends by enterprises.
Even as a global recession looms, companies are exploring cheaper alternatives such as owning apartments …
It’s an initiative that could lead to a facelift for Malabar Hill, Mumbai’s toniest address, as well as Nariman Point and other areas in South Mumbai. The city collector has proposed to free government-owned land, …
Party time for landowners in Singur is over. As feared, land prices have started falling in and around the area, after the Nano pullout. This has sent shockwaves among landowners and brokers who wanted to …
Phoenix Group, a conglomerate based out of Dubai, on Wednesday entered the luxury hotel segment with the launch of its Zuri Hotels and Resorts.
The company, which is betting big on the Indian hospitality industry, plans …
Real estate developers will need to cut prices sharply in the second half of the financial year to convert demand into actual sales, as potential buyers continue to wait on the sidelines, industry watchers say.
Small …
Developers are facing a cash crunch as steep restrictions on bank lending and weak equity markets limit their fund raising options and the global credit crisis has dried up private equity funding as well.
“The …
Choice Hotels is planning to invest Rs 1,500 crore over the next two years to double the number of its hotels from the present 25 to 50 across India. The company has already started construction …
The prices of up-market residential localities in big metros have witnessed a 20-25% rise in the last four months. Markets such as Greater Kailash I & II, Jorbagh, Golf Links, Amrita Shergil Marg, Sunder Nagar, …
