A technical advisory group (TAG) set up by the Reserve Bank of India (RBI) has recommended the creation of a Housing Start-up Index (HSUI) to be based on newly-built residential units in urban India and …
Hamptons International is one of the premier international residential agents offering an extensive portfolio of properties across the globe. It has announced a strong focus for the Indian market. Recently, it has established a leadership …
The Reserve Bank of India’s (RBI’s) decision to cut its key rates — repo as well as reverse repo — has renewed India Inc’s hope of fresh round of lending rate cuts by banks. Industry …
Property brokers are taking advantage of the slowdown in the residential real estate market by increasing the commission they charge from developers. As house and apartment sales sag, brokers, who typically charged 2-5% of the …
The swearing-in ceremony of US president Barrack Obama was most watched event on television. Those eagerly looking for the new president’s taking his term included business houses and market leaders alike. Even though it is …
The NRI season is now at its fag end. Despite undertaking tours to the US, the UK and Middle East and doling out freebies and discounts,realtors have been unable to catch the attention of this …
Two months after lower interest rates were announced for home loans up to Rs 20 lakh, public sector banks (PSBs) have cleared only 28,000 proposals and disbursed Rs 1,550 crore under this special scheme.
For instance, …
Another subsidiary of Ceylinco Consolidated is facing a liquidity issue due to the increased number of withdrawals of depositors’ funds in that company. Finance & Guarantee Company Limited of Ceylinco Group is a company which …
The Indian realty sector should be accorded an “industry status” and the integrated township development activity an “infrastructure status”, the Confederation of Indian Industry (CII) has said in a report submitted to the government.
“With strong …
Retail giant Vishal Retail has capitalised on the real estate slump and successfully renegotiated store rentals for five lakh sq ft in the past three months, resulting in savings of Rs 30-lakh per month.
“On an …
