Real Estate Developers Have High Hopes from Budget 2010
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Mon, 15/02/10 – 16:27 | No Comment

Developers are re-calculating the upwards swing in the real estate industry, especially housing, provided Government pays special attention the sector. Various developers voice their expectations from Budget 2010.
AVNISH AGRAWAL, DIRECTOR, MERITON GROUP- Talking from common …

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Realty…A house of cards
Thursday, 4 Mar, 2010 – 10:45 | No Comment
Realty…A house of cards

And euphoria seems to building in the realty sector even though the warning signs are already visible
In the grip of irrational exuberance people tend to ignore several warnings, leading to catastrophic investment losses. And euphoria …

Cement prices touch new high
Wednesday, 3 Mar, 2010 – 11:18 | No Comment
Cement prices touch new high

Cement companies across the company have increased the price of the commodity in the range of Rs10 to Rs12 a bag, to offset the twin effects of the excise duty hike and the rise in …

Service tax on construction services may hike flat costs
Wednesday, 3 Mar, 2010 – 11:10 | One Comment
Service tax on construction services may hike flat costs

Bringing construction services under the ambit of the service tax is likely to raise the cost of apartments that are still under construction. As per the Budget proposal, construction would be deemed to be a …

Ansals industrial park at rs 300c
Wednesday, 3 Mar, 2010 – 10:43 | No Comment
Ansals industrial park at rs 300c

Realty major Ansal would invest Rs 300 crore in setting up an industrial park spread over 45 acres, at Ludhiana in Punjab. The park is expected to be operational by early 2012.
The land has already …

Credai sees renewed growth for housing sector
Wednesday, 3 Mar, 2010 – 9:53 | No Comment
Credai sees renewed growth for housing sector

The Confederation of Real Estate Developers Associations of India CREDAI is hopeful of a positive year for the Indian real estate industry in 2010. Indeed, the market is expected to return to the 2007-08 level …

Realty firms eye infrastructure push, easier taxes in budget
Thursday, 25 Feb, 2010 – 12:10 | No Comment
Realty firms eye infrastructure push, easier taxes in budget

Mumbai: Realty firms, recovering from a slump that saw prices drop 25-30 percent, hope tax sops are extended to boost construction of affordable homes, but eye more benefits from an anticipated push to infrastructure and …

Office rents in Mumbai twice that in Manhattan: Knight Frank survey
Wednesday, 24 Feb, 2010 – 10:13 | No Comment
Office rents in Mumbai twice that in Manhattan: Knight Frank survey

Office rentals globally are expected to remain stable or increase in 2010, according to global property consultancy firm Knight Frank’s annual projection for the year. Tokyo continued to command the highest office rents in the …

Sahara bends public issue rules on housing bonds
Tuesday, 23 Feb, 2010 – 13:23 | 2 Comments
Sahara bends public issue rules on housing bonds

Subrata Roy-led Sahara India Pariwar is raising funds from retail investors through housing bonds, sold by two of its group firms without seeking approval from the capital market regulator Securities and Exchange Board of India …

Bright prospects for the real estate sector
Tuesday, 23 Feb, 2010 – 12:54 | One Comment
Bright prospects for the real estate sector

A recently released a report titled, “Indian Real Estate 2010” forecasts a bright future for the sector. Prepared jointly by CII and Grant Thronton, the report envisages regulatory, governance and finance related issues in Real …

Realty prices may inch up on demand pick-up
Monday, 22 Feb, 2010 – 13:14 | One Comment
Realty prices may inch up on demand pick-up

NEW DELHI: Home prices may remain firm or inch up slightly in metros such as Delhi and Mumbai and their suburbs despite an expected rise in interest rates as demand picks up once again on …