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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FIIs Hold High Stakes In Real Estate Cos
Thursday, 25 Sep, 2008 – 16:33 | No Comment
FIIs Hold High Stakes In Real Estate Cos

The booming property market has been an apple of eye for foreign investors as they have raised their stake in several prominent construction companies listed on the bourses.
In addition, Indian real estate stocks are believed …

Real Estate Industry Demands Tax Relief
Thursday, 25 Sep, 2008 – 16:32 | No Comment
Real Estate Industry Demands Tax Relief

India’s second largest employment generating industry post agriculture, Real Estate, is keenly awaiting the Union Budget with a list of expectations. This expectation list chiefly comprises key issues like simplification of income tax structure, reduction …

Developers Lure wary buyers with Freebies and Discounts
Thursday, 25 Sep, 2008 – 16:30 | No Comment
Developers Lure wary buyers with Freebies and Discounts

An example of First signs of a price correction, say analysts.
Just 5 days to save Rs 3,65,700! At Mantri Park Goregaon, 1BHK & 2 BHK apartments. Consider savings in stamp duty as additional sweetener. Rush! …

Realty Slump Spells Boom Time for Foreign Investors
Thursday, 25 Sep, 2008 – 16:30 | No Comment
Realty Slump Spells Boom Time for Foreign Investors

Country’s real estate sector might be witnessing ebbs but the downturn is only making things attractive for foreign investors. The slowdown, in fact, has set in more realistic valuations and growth-oriented investment opportunities for biggies …

Madurai Real Estate Hots up
Thursday, 25 Sep, 2008 – 16:26 | No Comment
Madurai Real Estate Hots up

Famous for its temples, Madurai has always been on tourists’ radar and gets a steady flow of visitors round the year. But that’s not the only claim to fame for the second largest city in …

Hiranandani Plans Hospital Chain
Thursday, 25 Sep, 2008 – 16:26 | No Comment
Hiranandani Plans Hospital Chain

Hiranandani Constructions, promoted by billionaire Niranjan Hiranandani, is planning to set up a chain of hospitals in the country.
The total investment in these projects could be around Rs 500 crore. The company plans to become …

Real Estate Developers Look at Alternatives to Trim Construction Costs
Thursday, 25 Sep, 2008 – 16:21 | No Comment
Real Estate Developers Look at Alternatives to Trim Construction Costs

Real estate developers in India are planning alternative measures to cut down costs of construction by about 15 to 20% owing to the recent hike in raw material inputs costs for construction, especially, cement. Red …

Malls to be constructed on Chandigarh Bus Stands
Thursday, 25 Sep, 2008 – 16:19 | No Comment
Malls to be constructed on Chandigarh Bus Stands

Bus stands would be the latest venues for modern multiplexes and glitzy shopping malls in Punjab. Realizing that most bus stands are usually located at prime locations in Chandigarh and other cities in Punjab and …

Banned from buying houses, foreigners opt for long lease
Thursday, 25 Sep, 2008 – 12:30 | No Comment
Banned from buying houses, foreigners opt for long lease

With the state government ‘banning foreigners from buying properties in the state’, local builders have fine tuned their strategies and are promoting five-year leases among tourists.
There are no official figures to prove the trend, but …

Developers take to new routes as loans get costlier
Thursday, 25 Sep, 2008 – 12:27 | No Comment
Developers take to new routes as loans get costlier

Real estate developers, who are already straddled with stagnant demand for housing and high costs of construction, have now to reckon with a major liquidity crunch in the banking system and high interest rates on …