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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Articles in the Realty Finance Category

LEGAL REMEDIES – Assured returns in real estate
Sunday, 30 May, 2010 – 18:00 | No Comment
LEGAL REMEDIES – Assured returns in real estate

The stock-market crashes worldwide that accompanied the recession have alerted an investor to actively seek low-risk investment options. Assured return schemes (ARS), such as fixed deposits and public provident funds, have long been popular …

Brokers form association for better services & credibility
Friday, 28 May, 2010 – 12:39 | No Comment
Brokers form association for better services & credibility

Ahmedabad:
Several city-based realty consultants and brokers have come together to form the Ahmedabad Realtors Association (ARA) under the National Association of Realtors-India (NAR-India). This body will lend credibility to the job, feel brokers.
ARA president Pravin …

18 new investors queue up for Mundra SEZ
Friday, 28 May, 2010 – 12:32 | No Comment
18 new investors queue up for Mundra SEZ

Ahmedabad:
India’s largest SEZ by area, the 6,400-hectare Mundra SEZ, will soon see a fresh round of investment with as many as 21 companies committing to set up projects. The Adani group-owned SEZ that has come …

Construction services tax to raise cost of apartments
Friday, 28 May, 2010 – 11:49 | No Comment
Construction services tax to raise cost of apartments

Mumbai:
The Budget proposals have thrown up a dampener for the housing industry. Construction services have now been brought under the ambit of the service tax in an unexpected move that would raise cost of apartments …

Service tax may take toll on realty
Friday, 28 May, 2010 – 11:45 | No Comment
Service tax may take toll on realty

New Delhi:
After many months in the dumps,the housing sector was finally sniffing at a recovery as buyers returned gradually,lured by sharp price cuts and teaser loans.
But a Budget proposal to levy service tax on houses …

Supertech to invest Rs 4,000 cr in 15 projects
Friday, 28 May, 2010 – 11:40 | No Comment
Supertech to invest Rs 4,000 cr in 15 projects

New Delhi:
Real estate firm Supertech said it will invest Rs 4,000 crore for developing 15 realty projects across North India in the
next three years, and it is planning to raise capital through a public offer.
“Currently, …

HCC to buy 66% in Swiss realty firm
Friday, 28 May, 2010 – 11:27 | No Comment
HCC to buy 66% in Swiss realty firm

Mumbai:
Mumbai-based infrastructure firm Hindustan Construction Company (HCC) said it is buying the controlling stake in Swiss realty firm Karl Steiner AG (KSAG) for Rs 150 crore in an all-cash deal to enter the high-rise building …

DLF’s Rs 4cr luxury homes draw big numbers
Friday, 28 May, 2010 – 9:02 | No Comment
DLF’s Rs 4cr luxury homes draw big numbers

New Delhi:
DLF, the country’s biggest realtor, has sold three-fourths of its upscale flats in central Delhi at Rs 4 crore apiece within two days of launch in a sign that demand for such properties is …

Ashiana to invest Rs 120cr in hospitality biz
Friday, 28 May, 2010 – 8:58 | No Comment
Ashiana to invest Rs 120cr in hospitality biz

Jaipur:
Ashiana Housing Limited is planning to invest Rs 120 crore for setting up 3 four-star category hotels in Bhiwadi, Jodhpur and Jamshedpur.
Ashiana Housing executive director Ankur Gupta informed that the realty group would be rolling …

Most banks toe RBI line, end special home loans
Friday, 28 May, 2010 – 8:54 | No Comment
Most banks toe RBI line, end special home loans

Mumbai:
Most lenders such as Punjab National Bank, Corporation Bank, United Bank of India and Bank of Maharashtra have decided not to extend the special home loan scheme which ended on March 31, even as the …