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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Real Estate Companies Adding Rs 14 crore debt a Day
Saturday, 27 Aug, 2011 – 23:09 | No Comment
Real Estate Companies Adding Rs 14 crore debt a Day

The debt load of 11 listed real estate companies in the country has risen 15 per cent, or by Rs 5,000 crore, to Rs 38,500 crore in the last 12 months. That’s nearly Rs 14 …

ASK Property Investment Advisors to raise INR 10 Billion by December
Saturday, 27 Aug, 2011 – 19:06 | No Comment
ASK Property Investment Advisors to raise INR 10 Billion by December

India’s ASK Property Investment Advisors aims to raise a 10-billion-rupee ($219 million) fund by December in a bet on the long-term case for property in Asia’s third-largest economy. The real estate-focused private equity firm, which …

DLF Plans to Reduce Debt by Rs 2,500-3,000 crore this Fiscal
Saturday, 27 Aug, 2011 – 16:05 | No Comment
DLF Plans to Reduce Debt by Rs 2,500-3,000 crore this Fiscal

India’s largest real estate developer, DLF, plans to reduce its debt by Rs 2,500-3,000 crore by the end of this financial year, according to group executive director Rajeev Talwar. The company aims to cut debt …

Group Bookings for better real estate deals
Saturday, 27 Aug, 2011 – 14:17 | No Comment
Group Bookings for better real estate deals

A builder has just built a housing complex comprising 55 flats. The real estate market isn’t doing too well at this point in time. The builder is finding it difficult and has an unsold stock …

Indiareit Fund Advisors in Talks wit Developers & Investors over Trinity’s Realty Exit
Saturday, 27 Aug, 2011 – 13:01 | No Comment
Indiareit Fund Advisors in Talks wit Developers & Investors over Trinity’s Realty Exit

Indiareit Fund Advisors is in talks with investors and property developers to sell the Alternative Investment Market-listed realty fund Trinity Capital’s investments in India, Business Standard reported, citing three executives with knowledge of the discussions. …

Brigade Looking to Foray into Mid Range Hospitality Sector
Saturday, 27 Aug, 2011 – 10:01 | No Comment
Brigade Looking to Foray into Mid Range Hospitality Sector

Brigade Hospitality Services, the hospitality arm of real estate developer Brigade Group, is looking at entering the mid-range hospitality segment in the South, according to a top official of the company. “We have 6-8 properties …

PE funds SARE, FIRE Capital, Tishman Speyer, IREO, Millennium Spire and others turn developers for higher gain
Wednesday, 24 Aug, 2011 – 18:48 | No Comment
PE funds SARE, FIRE Capital, Tishman Speyer, IREO, Millennium Spire and others turn developers for higher gain

BANGALORE/DELHI: Private equity funds in the realty space like SARE, FIRE Capital, Tishman Speyer, IREO, Millennium Spire and others have turned developers and are developing their own realty projects so that it can earn higher …

Delay Hit Home Buyers to Take Legal Action against DLF after CCI Order
Wednesday, 24 Aug, 2011 – 14:47 | No Comment
Delay Hit Home Buyers to Take Legal Action against DLF after CCI Order

At a time when the Anna wave has enthralled the entire nation, capturing imagination and consciousness of millions of Indians to protest against corruption and injustice, real estate – one of the sectors perhaps most …

Real Estate Prices Expected to Fall in India
Wednesday, 24 Aug, 2011 – 11:09 | No Comment
Real Estate Prices Expected to Fall in India

Expecting realty rates to fall soon, individual investors have started selling their properties at discounted rates. Even builders are willing to offer high discounts on bulk purchases of their new projects.
Infact group buying websites like …

After DLF, CCI Likely to Probe Unitech, Parsvnath & Omaxe
Wednesday, 24 Aug, 2011 – 10:44 | No Comment
After DLF, CCI Likely to Probe Unitech, Parsvnath & Omaxe

Unitech, Parsvnath Developers and Omaxe are likely to face the Director General (DG) investigation in the next one week. The Competition Commission of India (CCI) is likely to order probe on Unitech, Parsvnath and Omaxe …