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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India lowers growth forecast to 7.1%, blames global slump
Monday, 26 Jan, 2009 – 15:46 | No Comment
India lowers growth forecast to 7.1%, blames global slump

A top Indian government panel cut its growth forecast for Asia’s third-largest economy on Friday, blaming a battering from the global slowdown, and its chief said there was room for more cuts in interest rates.
In its …

Area norms for foreign funding in real estate may be pared
Saturday, 24 Jan, 2009 – 21:20 | No Comment
Area norms for foreign funding in real estate may be pared

The Union government plans to change foreign ownership rules in the real estate sector by scaling down the minimum area requirements for residential and commercial projects that have overseas investment.
Current foreign direct investment (FDI) norms …

Builders affected by truckers’ strike, stock up building material
Sunday, 11 Jan, 2009 – 2:10 | No Comment
Builders affected by truckers’ strike, stock up building material

The truckers’ strike has put a stop on the supply of sand, cement and other materials crucial for the construction sector to do its business. The big builders are anticipating the worst, but for most …

Greed for Property may be the reason for Satyam’s fall
Sunday, 11 Jan, 2009 – 2:02 | No Comment
Greed for Property may be the reason for Satyam’s fall

Greed for real estate may be reason for the 54-year-old B Ramalinga Raju’s sudden exit from Satyam Computer Services, India’s fourth-largest IT company.
The Raju family, said real estate industry sources, might figure among India’s top 10 …

Best real estate investments for 2009
Monday, 5 Jan, 2009 – 15:02 | No Comment
Best real estate investments for 2009

Investing your money in real estate is not enough. Knowing where to invest is necessary for attractive gains in the property market. So which are the best places to invest in real estate in 2009? Global …

India, China the biggest improvers: Jones Lang LaSalle Meghraj
Monday, 29 Dec, 2008 – 14:26 | No Comment
India, China the biggest improvers: Jones Lang LaSalle Meghraj

India and China had made steady progress in their transparency levels in the real estate sector, global real estate consultancy firm, Jones Lang LaSalle Meghraj said this indicated real supply and demand in the sector …

India may benefit from the increased fund allocation to Asian real estate sector
Monday, 29 Dec, 2008 – 14:10 | No Comment
India may benefit from the increased fund allocation to Asian real estate sector

Global investors have increased their investments in Asian real estate sector and there are bright chances for India too. Even as total amount raised by private equity real estate funds between January and November 2008 fell by a …

2008: worst year for realty, all hopes on 2009
Saturday, 27 Dec, 2008 – 21:56 | No Comment
2008: worst year for realty, all hopes on 2009

Things started to go wrong for the Indian real estate industry with the begining of 2008. Though the year began on a good enough note with big land deals like the Rs5000 crore BPTP deal in …

ISB planning Centre of Excellence on Real Estate
Friday, 26 Dec, 2008 – 0:50 | No Comment
ISB planning Centre of Excellence on Real Estate

The ISB is planning to setup a centre of excellence to study the Indian real estate sector and to build knowledge databases for professional management of the industry.
The B-school already has five centres of excellence …

Kumar Builders raises Rs 239 crore through PE funding
Tuesday, 23 Dec, 2008 – 16:07 | No Comment
Kumar Builders raises Rs 239 crore through PE funding

Kumar Builders, a leading real estate group in Pune, has received private equity investments worth Rs 239 crore for two of its projects. It has received an investment of Rs 139 crore from IL&FS and …