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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450 Projects Halted And 5, 000 Jobs Lost In Pune Realty Sector
Sunday, 26 Apr, 2009 – 13:58 | No Comment
450 Projects Halted And 5, 000 Jobs Lost In Pune Realty Sector

Falling sales and severe cash crunch have halted the development of more than 450 real estate projects in Pune. This has resulted in loss of jobs of around 5,000 construction workers. A detailed survey undertaken …

Omaxe To Come Up With 10,000 Homes In the Rs 4-10 Lakh Range
Sunday, 26 Apr, 2009 – 13:57 | No Comment
Omaxe To Come Up With 10,000 Homes In the Rs 4-10 Lakh Range

Realty firm, Omaxe has announced its plans to launch 10,000 low-cost homes in Indore next month, which would be developed at about Rs 1,000 crore (Rs 10 billion). It will launch these budget-flats in the …

Real Estate and Banking Sector pull Sensex higher
Sunday, 26 Apr, 2009 – 13:40 | No Comment
Real Estate and Banking Sector pull Sensex higher

The key benchmark indices surged in afternoon trade led by buying in banking and realty stocks. Index heavyweight Reliance Industries also recovered. European markets which opened after Indian markets rose in early trade.
The BSE 30-share …

Omaxe buys Rs 100 cr worth land from VUDA
Sunday, 26 Apr, 2009 – 13:32 | No Comment
Omaxe buys Rs 100 cr worth land from VUDA

Real estate firm Omaxe Ltd on Friday said it has acquired 19.53 acres of land worth Rs 100.57 crore from Visakhaptanam Urban Development Authority (VUDA).
Finishing Touch Properties and Developers Pvt Ltd, a subsidiary of the …

Gilt investors hopeful as RBI signals low Rates
Sunday, 26 Apr, 2009 – 13:07 | No Comment
Gilt investors hopeful as RBI signals low Rates

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Real Estate and Banking Sector pull Sensex higher
Sunday, 26 Apr, 2009 – 12:38 | No Comment
Real Estate and Banking Sector pull Sensex higher

The key benchmark indices surged in afternoon trade led by buying in banking and realty stocks. Index heavyweight Reliance Industries also recovered. European markets which opened after Indian markets rose in early trade.
The BSE 30-share …

Realty Major Unitech to raise Rs 1,250 crore
Wednesday, 15 Apr, 2009 – 0:58 | No Comment
Realty Major Unitech to raise Rs 1,250 crore

Cash-strapped Unitech is looking at raising around Rs 1,250 crore through a qualified institutional placement (QIP), according to domestic institutional investors. The QIP proceeds are likely to be used to partially repay the Rs 500-crore …

UBM India launches B2B Realty Magazine
Wednesday, 15 Apr, 2009 – 0:51 | No Comment
UBM India launches B2B Realty Magazine

United Business Media (UBM) India, the Indian arm of UK-based UBM, has launched a real-estate magazine, Property World, in India. The B2B monthly magazine is targeted at professionals in the real-estate sector, real-estate developers, private …

Beautification plans will increase real estate rates
Saturday, 14 Mar, 2009 – 10:35 | No Comment
Beautification plans will increase real estate rates

The banks of the Mithi River with sparse mangrove between Dharavi bridge
and mini-confluence on the BKC are set to get a new look
complete with trees, and
thick stairs of black stones or Gabion walls, to …

Phenomenal Fall in Real Estate Prices
Saturday, 14 Mar, 2009 – 10:06 | No Comment
Phenomenal Fall in Real Estate Prices

Real estate market in India is trapped in a vicious cycle of plunging prices. With the bottom nowhere in sight, potential buyers do not want to try and catch a falling knife, says Pranay Vakil, …