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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Indian Real Estate: Where is it Heading?
Tuesday, 30 Sep, 2008 – 19:42 | No Comment
Indian Real Estate: Where is it Heading?

Yet another hike in the lending rates by the Reserve Bank of India (RBI) has caused an unprecedented hike in the home loan rates also. Buying a home has just got costlier. Private banks HDFC …

Ahmadabad is hot realty market for NRIs
Tuesday, 30 Sep, 2008 – 19:39 | No Comment
Ahmadabad is hot realty market for NRIs

Ahmadabad is all set to become hot spot of realty business. The NRIs (non-resident Indians) are showing huge interest in the city. This was indicated by the response given to Indian property road show held …

Realtors invest heavily in Advertising
Tuesday, 30 Sep, 2008 – 19:39 | No Comment
Realtors invest heavily in Advertising

Looking at the slowdown in the realty market, real estate players have increased their advertising budgets. Developers are using many different promotional strategies to be high on recall value. “It’s a do or die situation …

Unitech Plans To Raise $ 1 Billion from PE Funds
Tuesday, 30 Sep, 2008 – 19:37 | No Comment
Unitech Plans To Raise $ 1 Billion from PE Funds

The country’s second-largest property developer, Unitech, is planning to raise $1 billion (Rs 4, 200 crore) from private equity (PE) players for its hotel, commercial and retail projects across the country. It will raise funds …

Sunil Mantri Realty Signs a Deal with Special Area Development Authority
Tuesday, 30 Sep, 2008 – 19:36 | No Comment
Sunil Mantri Realty Signs a Deal with Special Area Development Authority

Mumbai-based developer, Sunil Mantri Realty Ltd, has signed a memorandum of understanding with the Special Area Development Authority (SADA) of Gwalior for developing a hi-tech city on 2,000 acres. They are planning a total investment …

India’s first solar housing complex
Tuesday, 30 Sep, 2008 – 19:35 | 2 Comments
India’s first solar housing complex

Destined to be a dazzling milestone in India’s housing complexes, the country’s first solar housing project was inaugurated in Kolkata on July 8. Called ‘Rabi Rashmi Abasan,’ the complex is the brainchild of West Bengal …

23 People have been duped of Rs 40 Lakh for Mhada Flats
Tuesday, 30 Sep, 2008 – 19:34 | No Comment
23 People have been duped of Rs 40 Lakh for Mhada Flats

Powai Police in Mumbai have arrested two persons for duping 23 people of Rs 40 lakh. Ms Priyanka alias Priya Sanjay Patil, 41 and Mr. Kanucharan Raghunath Mishra, 58, were arrested last week from their …

Parsvnath seeks stake sale in projects to control debt
Tuesday, 30 Sep, 2008 – 19:32 | No Comment
Parsvnath seeks stake sale in projects to control debt

Real estate firm Parsvnath Developers Ltd expects stake dilution in individual projects to help it control its debt and hold margins in a rising interest rate regime, a top official said. The New Delhi-based developer …

Realty Projects, Home Loans set to get Costlier
Tuesday, 30 Sep, 2008 – 19:32 | No Comment
Realty Projects, Home Loans set to get Costlier

The Reserve Bank of India’s decision to revise repo rate and cash reserve ratio is expected to bite the realty industry, which is already burning under a slowdown and price correction. Loans for housing will …

Red Fort Capital inks partnership deal with Godrej Properties
Tuesday, 30 Sep, 2008 – 19:30 | No Comment
Red Fort Capital inks partnership deal with Godrej Properties

Red Fort Capital, a leading international real estate private equity fund firm, has signed partnership deal with Godrej Properties Limited, one of the leading real estate development companies. The deal will mark Red Fort Capital’s …