DLF, India’s biggest realtor according to market capitalisation, has delayed its Mumbai projects, including development of a mill property at Lower Parel and a hotel project, as a severe downturn puts the real estate sector …
Omaxe, today, November 24 announced that sold its stake of 2.6 million equity shares of Rs 10 in Sukhversa Properties. Consequently, the said company now ceases to be the subsidiary of the company.
Omaxe is amongst …
It’s been a bad year for property tycoon Kushal Pal Singh with shares in his firm DLF, India’s largest developer, diving 80 percent since January amid global economic turmoil.
Singh, who owns 88 percent of DLF, …
They are typically regarded as recession proof but luxury brands are now treading the cautious path. Soaring rentals, high initial investments and an unfavourable economy are not making things easy for this nascent industry.
Industry sources …
Real estate developers in the metropolis plan to target NRI buyers, primarily in the UAE, in a bid to push up their sales, affected in recent times by high prices and adverse sentiment, a senior …
India’s prospective homebuyers recently woke up to a tsunami of offers from real estate developers during the Dussehra and Diwali holidays, including astonishing perks such as Mercedes-Benz, BMW and Toyota cars, gold nuggets and foreign …
Congress President Sonia Gandhi on Friday cautioned that it was ‘too early’ to say that the global economic crisis had been contained but expressed confidence that the situation would throw up new opportunities for India …
A non-resident Indian (NRI) and person of Indian origin (PIO) can acquire residential property in India. They can rent it out, transfer it, or sell it as well. They can take the rental income and …
Research and Markets has announced the addition of the “INVESTORS’ SUFFRAGE: Real Estate Investment Trusts” report to their offering.
The write-up explores REITs, which are essentially investment vehicles that invest in real estate directly, either through …
India’s biggest real estate developer, said a recovery in the property market in the next six months hinges on lower home-loan rates to lure first- time buyers.
“Mortgage rates in India are at 12 percent to …
