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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Omaxe Shelves Plan to Develop 10 Lakh Affordable Houses at an Investment of Rs 80,000cr
Thursday, 29 Sep, 2011 – 15:31 | No Comment
Omaxe Shelves Plan to Develop 10 Lakh Affordable Houses at an Investment of Rs 80,000cr

Realty firm Omaxe has shelved its Rs 80,000 crore investment plan aimed at developing 10 lakh affordable houses across the country over a period of five years. “The project could not take off after the …

Retail Chains Looking for Space Across the Country
Thursday, 29 Sep, 2011 – 12:28 | No Comment
Retail Chains Looking for Space Across the Country

Non-metros set to witness much of the action, too, while metro lease rentals begin a canter. Retail chains across the country are signing up for space in a big way, after a long pause that …

FDI in Multi Brand Retail will Increase Investment Opportunities in Organised Retail Sector
Thursday, 29 Sep, 2011 – 8:28 | No Comment
FDI in Multi Brand Retail will Increase Investment Opportunities in Organised Retail Sector

The introduction of FDI in multi-brand retail will lead to increased demand, which in turn will catalyse more investment opportunities in organised retail. A key differentiator of the retail sector is that it penetrates beyond …

Buy Your Dream Home at Double Discount with Group Bookings
Thursday, 29 Sep, 2011 – 2:14 | No Comment
Buy Your Dream Home at Double Discount with Group Bookings

Planning to buy a house this Diwali? Buy it in a group and get the dual benefit of festival discount as well as group discount. Group Bookings, a real estate group buying website has announced …

Centre Expected to Bring Real Estate Regulation Bill this Winter
Tuesday, 27 Sep, 2011 – 15:05 | No Comment
Centre Expected to Bring Real Estate Regulation Bill this Winter

Union minister for housing and urban poverty alleviation Kumari Selja has said that the Centre is expected to bring the real estate regulator bill in the winter session. “We have received the law ministry’s view …

Prestige Group comes up with Luxury Apartment Project Christened ‘Edwardian’ in Bangalore
Tuesday, 27 Sep, 2011 – 12:03 | No Comment
Prestige Group comes up with Luxury Apartment Project Christened ‘Edwardian’ in Bangalore

The Prestige Group has launched Prestige Edwardian, a luxury apartment project in the heart of Bangalore, on Edward Road, about 2 km from MG Road. The project, which will be spread across 40,000 sq ft, …

Equinox Realty Forays into ‘Non Captive’ Real Estate: Plans to Launch Residential Projects in Bangalore
Tuesday, 27 Sep, 2011 – 8:01 | No Comment
Equinox Realty Forays into ‘Non Captive’ Real Estate: Plans to Launch Residential Projects in Bangalore

Essar Group-promoted Equinox Realty — which until now developed only ‘captive’ residences, that is, those for group companies — will start building residences for the general market with the launch of a project in Bangalore …

Hotel Chain ‘Royal Orchid’ to add New Brand in Mid-Market Segment
Monday, 26 Sep, 2011 – 21:58 | No Comment
Hotel Chain ‘Royal Orchid’ to add New Brand in Mid-Market Segment

Hotel chain operator Royal Orchid Hotels Ltd plans to add a new brand in the Indian mid-market space in the next couple of months to expand its portfolio, a top official said on Wednesday.
“As things …

Sunil Mittal Gearing up for Big Splash in Real Estate Sector
Monday, 26 Sep, 2011 – 17:55 | No Comment
Sunil Mittal Gearing up for Big Splash in Real Estate Sector

The goal is to be one of the top three realty companies in India, and Mittal has set up Bharti Realty Ltd as the beachhead to achieve it. Officials at Bharti Enterprises, the group mothership, …

Mumbai Property Registration Touches 27 Month Low
Monday, 26 Sep, 2011 – 14:53 | No Comment
Mumbai Property Registration Touches 27 Month Low

Property registration in India’s biggest real estate market Mumbai continued its slide in August and touched a twenty-seven month low. This drops comes in the backdrop of rising interest rates and real estate prices which …