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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Phadnis Infra Plans Rs 1700cr Investment to Expand Real Estate, Hospitality and IT Business
Tuesday, 24 May, 2011 – 14:10 | No Comment
Phadnis Infra Plans Rs 1700cr Investment to Expand Real Estate, Hospitality and IT Business

Infrastructure development firm Phadnis Infrastructure plans to invest over Rs 1,700 crore in the next five years to fuel its expansion plans. “We have huge growth plans for India and so have …

Real Estate Agent Arrested for Occupying Properties of NRIs
Tuesday, 24 May, 2011 – 12:08 | No Comment
Real Estate Agent Arrested for Occupying Properties of NRIs

Police have arrested a 46-year-old businessman, currently on bail in a cheating case, for allegedly usurping properties belonging to non-resident Indians through forged documents. Dheeraj Singh, who owns D S Industry and …

Poor Infrastructure, Transport and Lack of Affordable Housing Hamper Navi Mumbai’s Growth Prospects
Tuesday, 24 May, 2011 – 10:08 | No Comment
Poor Infrastructure, Transport and Lack of Affordable Housing Hamper Navi Mumbai’s Growth Prospects

Navi Mumbai is not beaming in its 40th year. Lack of affordable housing, poor transport, growing slum population and encroachment, pollution, and slow infrastructure development are hampering its prospects. The state government’s …

Gang of Fraudulent Real Estate Managers Busted by Delhi Police
Monday, 23 May, 2011 – 22:17 | No Comment
Gang of Fraudulent Real Estate Managers Busted by Delhi Police

Delhi Police have busted a gang of fraudulent real estate managers who had tricked people into buying land in Masharashtra towns at ‘low rates’ and fled. “With the arrest of one Arvind Kumar, …

Overpriced Indian Real Estate Market Heading Towards Significant Correction
Monday, 23 May, 2011 – 18:15 | No Comment
Overpriced Indian Real Estate Market Heading Towards Significant Correction

At long last, India’s overpriced real estate market could come back to earth with a thud. Developers trying to sell costly property cannot find buyers, who in turn find themselves squeezed out …

Real Estate Most Preferred Choice for Investors in Haryana: Assocham
Monday, 23 May, 2011 – 14:09 | No Comment
Real Estate Most Preferred Choice for Investors in Haryana: Assocham

With Gurgaon, Sonepat , Faridabad and Panchkula humming with commercial and residential building activities, the real estate emerged as the most favourite sector for investors in Haryana in 2010, an Assocham study …

Hike in Lending Rates will Affect Cost Sensitive Real Estate Market
Monday, 23 May, 2011 – 10:56 | No Comment
Hike in Lending Rates will Affect Cost Sensitive Real Estate Market

After the Reserve Bank of India (RBI) decided to increase both the repo rate and reverse repo rate by half a percentage points each, to 7.25% and 6.25% respectively, banks and financial …

Supertech Launches Retail cum Office Complex Christened “E Square” at Noida
Monday, 23 May, 2011 – 6:55 | One Comment
Supertech Launches Retail cum Office Complex Christened “E Square” at Noida

Supertech Limited, a leading real estate developer launched “E Square”, a premium new age retail cum office complex situated in Sector 96, Expressway Noida. The project is strategically located in terms of …

Govt to Take Decision on FDI in Multi-Brand Retail Soon: Confirms Scindia
Saturday, 21 May, 2011 – 20:53 | No Comment
Govt to Take Decision on FDI in Multi-Brand Retail Soon: Confirms Scindia

The government is expected to take a decision in the next three months on allowing foreign direct investment in multi-brand retail, a long pending issue, a new National Manufacturing Policy creating an …

LIC Housing to Focus on Retirement Homes Business
Saturday, 21 May, 2011 – 16:50 | No Comment
LIC Housing to Focus on Retirement Homes Business

LIC Housing Finance aims to have a pan India-presence for its retirement homes business as rising demand from senior citizens prompts the company to scale-up presence in other cities across the country. …