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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Vision India Real Estate Plans Affordable Housing in Chennai
Saturday, 10 Apr, 2010 – 16:54 | No Comment
Vision India Real Estate Plans Affordable Housing in Chennai

Vision India Real Estate will make an investment of $100 to 200 million in the Chennai market over the next two years. According to Ilan Elad, Executive Director of the company, the focus will primarily …

Mumbai Developers Join Hand to build 500,000 affordable houses
Saturday, 10 Apr, 2010 – 9:54 | No Comment
Mumbai Developers Join Hand to build 500,000 affordable houses

Real estate developers in Mumbai propose to join hands to construct 500,000 affordable houses for middle and lower income groups in partnership with the Maharashtra government in the next five years in the fast-growing Mumbai …

NBCC Affordable Housing Scheme 2010
Friday, 9 Apr, 2010 – 12:07 | 2 Comments
NBCC Affordable Housing Scheme 2010

National Building Construction Corporation (NBCC) is launching a massive scheme for affordable housing in major cities, including the NCR, on Wednesday. At a time when private builders and developers are reeling under the …

IT Industry Pushes Realty Prices Upwards in Karnataka
Wednesday, 7 Apr, 2010 – 9:38 | No Comment
IT Industry Pushes Realty Prices Upwards in Karnataka

Premium properties in the city have seen no price correction in the first quarter of this year. Their prices are, in fact, showing a slight upswing, demand being driven by the resurgence of the IT …

SBI Increases Interest Rates on Home Loan
Tuesday, 6 Apr, 2010 – 17:38 | No Comment
SBI Increases Interest Rates on Home Loan

State Bank of India (SBI), the largest bank in India and one of the leading players in the housing finance market, has raised interest rates on home loans. Although the bank will continue with its …

Realty Revival May Push up Retail Rentals
Tuesday, 6 Apr, 2010 – 9:38 | No Comment
Realty Revival May Push up Retail Rentals

There may be a turnaround in realty fortunes, but rentals are still to look up. So much so that the likes of Shoppers Stop or Inox have not yet been approached by mall developers to …

Rising Property Prices may Affect Transaction Volume
Monday, 5 Apr, 2010 – 9:15 | No Comment
Rising Property Prices may Affect Transaction Volume

With improvement in demand, real estate prices in the country have started moving up. But, according to experts’ views and indications available from the latest data, the rise in prices may affect transactions volume, which …

Property Deals Going Sore Because of Additional Tax
Saturday, 3 Apr, 2010 – 21:45 | No Comment
Property Deals Going Sore Because of Additional Tax

If real estate players are to be believed, several property deals in Mumbai are getting cancelled due to the additional costs being levied by developers at the time of handing over procession of the properties. …

Slowdown has Helped Develop Successful Business Model for Modern Retail
Saturday, 3 Apr, 2010 – 21:21 | No Comment
Slowdown has Helped Develop Successful Business Model for Modern Retail

After last year’s big squeeze, both on consumer spending and store numbers, retailers should be complaining about the slowdown. Instead, they say the downturn was good for the industry. “The slowdown was the best thing …

CREDAI May Go to Court if Service Tax on Land is not Removed
Wednesday, 31 Mar, 2010 – 9:23 | No Comment
CREDAI May Go to Court if Service Tax on Land is not Removed

The Confederation of Real Estate Developers’ Associations of India (Credai) today said it would consider taking the government to court if its demand for excluding land cost from the proposed service tax on housing complexes …