Noida Extension Gets Green Signal: Tension Almost Over! NCR Planning Board gives conditional approval for Greater Noida Master Plan 2021
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Sun, 1/04/12 – 16:57 | No Comment

Around 50,000 homebuyers will heave a sigh of relief, as the uncertainty surrounding the fate of Noida Extension housing projects seems to be almost over.
The NCR Planning Board (NCRPB) on Thursday gave a conditional approval …

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Hamptons International now targetting Indian Residential Market
Thursday, 5 Mar, 2009 – 16:36 | No Comment
Hamptons International now targetting Indian Residential Market

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 …

Reserve Bank of India decides to cut its key rates
Thursday, 5 Mar, 2009 – 16:30 | No Comment
Reserve Bank of India decides to cut its key rates

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 …

Economic outlook for real estate in 2009 – Savior Group
Tuesday, 3 Mar, 2009 – 13:37 | No Comment
Economic outlook for real estate in 2009 – Savior Group

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 …

NRI realty investments dropping….
Monday, 2 Mar, 2009 – 17:34 | No Comment
NRI realty investments dropping….

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 …

Home Loans schemes not performing as expected….
Monday, 2 Mar, 2009 – 17:21 | No Comment
Home Loans schemes not performing as expected….

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, …

Industry status for realty sector: CII
Monday, 2 Mar, 2009 – 2:43 | No Comment
Industry status for realty sector: CII

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 …

Aditya Birla is to set up a real estate and private equity
Monday, 23 Feb, 2009 – 1:50 | No Comment
Aditya Birla is to set up a real estate and private equity

Aditya Birla Management, the Mumbai based conglomerate best known for its metals and materials businesses, is to set up a real estate and private equity arm for its wealth management units.
According to a report by …

Builders hope on NCR to beat the slump
Sunday, 22 Feb, 2009 – 19:49 | No Comment
Builders hope on NCR to beat the slump

A review on Indian residential market in 2007 predicted residential space marketshare of the Delhi National Capital Region (NCR) at 35% among the top seven property markets in the country by 2009-10. The closest other market …

Indian property market is expected to see correction
Tuesday, 17 Feb, 2009 – 17:45 | No Comment
Indian property market is expected to see correction

As global real estate transactions slow and some countries show declines in prices, the new head of India´s largest private bank, ICICI Bank, said real estate prices in India need to fall 20 percent or …

Budget disappoints Indian Real Estate
Tuesday, 17 Feb, 2009 – 17:26 | No Comment
Budget disappoints Indian Real Estate

“The budget has failed to meet the expectations at this time of global downturn,” said Navin M. Raheja, managing director of the Delhi-based Raheja Developers. “The government has taken no initiatives towards reviving the sector, …