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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12-15% Rise Expected in Prime Property Prices in India
Monday, 29 Mar, 2010 – 9:06 | No Comment
12-15% Rise Expected in Prime Property Prices in India

Giving a clear message to the potential real estate buyers on the need to act fast, a research done by leading global property consultancy firm, Knight Frank along with Citi Bank, has forecast that the …

Home Loan Interest rates May Rise Soon in India
Saturday, 27 Mar, 2010 – 11:47 | No Comment
Home Loan Interest rates May Rise Soon in India

The honeymoon for home and auto buyers is over. With the Reserve Bank of India (RBI) raising repo and reverse repo rates by 25 basis points last week, most expect that interest rates will now …

Demand for Residential Real Estate to Increase in India – Jones Lang LaSalle‎
Saturday, 27 Mar, 2010 – 1:52 | No Comment
Demand for Residential Real Estate to Increase in India – Jones Lang LaSalle‎

The Indian realty story is back on the growth path and has weathered the downturn. That’s the view of global real estate services firm Jones Lang LaSalle. “Growing upper middle class pushing residential spaces and …

Dip in Real Estate Stocks after RBI Hiked Key Interest Rates
Thursday, 25 Mar, 2010 – 21:27 | No Comment
Dip in Real Estate Stocks after RBI Hiked Key Interest Rates

Stocks of realty firms slipped as much as 4 per cent on the Bombay Stock Exchange (BSE) after the Reserve Bank hiked key interest rates to tame inflationary concerns, a move that could make home …

Pvt Banks to Offer Tax-Free Infrastructure Bonds
Thursday, 25 Mar, 2010 – 12:30 | No Comment
Pvt Banks to Offer Tax-Free Infrastructure Bonds

India’s private banks and non-banking finance companies (NBFCs) appear set to join a list of select stateowned firms which will be allowed to offer tax-free bonds to investors, as the government seeks to broaden its …

Banks Seek Clarification from RBI on New Interest Rate System
Wednesday, 24 Mar, 2010 – 10:49 | No Comment
Banks Seek Clarification from RBI on New Interest Rate System

Commercial banks are concerned over the Reserve Bank’s new interest rate system under which lending rates are to be linked to a base rate. They are seeking clarifications in an attempt to de-link home loans …

Unitech to Focus on Real Estate-Looking to De-merge Non-Core Business
Tuesday, 23 Mar, 2010 – 17:49 | No Comment
Unitech to Focus on Real Estate-Looking to De-merge Non-Core Business

Unitech Ltd, the second-largest real estate developer in the country, is looking to de-merge its non-core businesses in order to focus only on real estate, a source familiar with the development said. The company’s non-realty …

Demand for Luxury Housing Alive- Three Fourth of DLF’s Rs 4 crore Luxury Flats in Delhi Sold within 2 Days
Tuesday, 23 Mar, 2010 – 13:50 | No Comment
Demand for Luxury Housing Alive- Three Fourth of DLF’s Rs 4 crore Luxury Flats in Delhi Sold within 2 Days

DLF, the country’s Biggest Realtor, has sold three-fourths of its upscale flats in central Delhi at Rs 4 crore apiece within two days of launch in a sign that demand for such properties is alive …

Developers Eye Business from Setup of Foreign Universities
Tuesday, 23 Mar, 2010 – 10:54 | No Comment
Developers Eye Business from Setup of Foreign Universities

Construction companies and real estate developers smell an opportunity when foreign universities are allowed to set up campuses in India. Last Monday, the Union Cabinet okayed the Foreign Educational Institutions (Regulation of Entry and Operation) …

Assocham Asks Govt to Withdraw Service Tax on Real Estate Sector
Thursday, 18 Mar, 2010 – 9:42 | No Comment
Assocham Asks Govt to Withdraw Service Tax on Real Estate Sector

Industry body Assocham has asked the government to roll back the service tax proposed on real estate developers at the time of construction, as it would increase the tax burden on home buyers and impact …