Realty firms seem to have lost their appetite for properties in Kolkata, where developers such as Emaar MGF Land Ltd and DLF Ltd were fighting to secure plots for building luxury hotels. For the first …
ICICI Bank and HDFC have increased home loan rates by 0.75 percentage points, moving quickly to preserve margins in the wake of RBI raising key interest rates. This is the second hike from the top …
With many buildings facing problems of ageing, there are housing societies and single property owners like clubs and hotels who have started hiring structural architects and consultant on full-time retainership basis. “The trend was earlier …
A buoyant real estate market last year saw several realty firms foray into the hospitality sector. But with slowdown hitting real estate and choking cashflow, several small realty firms have been forced to put at …
Indiabulls Power Services, a subsidiary of Indiabulls Real Estate will set up a 2640 MW power project in Madhya Pradesh. However, the financial details were not disclosed. In a filing to the Bombay Stock Exchange, …
London-based banking major Barclays Bank created history in May when it took space at Cee Jay House, a landmark office complex in Worli, for Rs 725 a square foot (sq ft) per month. The building …
A local hospitality company, The Crown, has outbid the Taj group for a patch 2 acres of prime land in Bhubaneswar meant for establishment of a five star hotel.
But as the local company lacks the …
Raheja’s case poses a challenge for RE Developers The taxation of sale of ‘under construction’ unit transactions has come up for debate after the judgment of the Supreme Court in the case of K Raheja. …
Pained at agitations resulting in destruction of public property, Prime Minister Manmohan Singh today said a meeting of National Integration Council (NIC) will be convened next month to reach a national consensus. …
International property consultants have called for reduction in residential prices as demand has gone down by over 40 per cent in the last nine months.
While end-users in big cities such as Mumbai and Delhi are …
