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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Unitech to Focus on Real Estate-Looking to De-merge Non-Core Business
Tuesday, 23 Mar, 2010 – 17:49 | No Comment
Unitech to Focus on Real Estate-Looking to De-merge Non-Core Business

Unitech Ltd, the second-largest real estate developer in the country, is looking to de-merge its non-core businesses in order to focus only on real estate, a source familiar with the development said. The company’s non-realty …

Demand for Luxury Housing Alive- Three Fourth of DLF’s Rs 4 crore Luxury Flats in Delhi Sold within 2 Days
Tuesday, 23 Mar, 2010 – 13:50 | No Comment
Demand for Luxury Housing Alive- Three Fourth of DLF’s Rs 4 crore Luxury Flats in Delhi Sold within 2 Days

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 alive …

Developers Eye Business from Setup of Foreign Universities
Tuesday, 23 Mar, 2010 – 10:54 | No Comment
Developers Eye Business from Setup of Foreign Universities

Construction companies and real estate developers smell an opportunity when foreign universities are allowed to set up campuses in India. Last Monday, the Union Cabinet okayed the Foreign Educational Institutions (Regulation of Entry and Operation) …

Benefits of green homes
Thursday, 18 Mar, 2010 – 15:55 | No Comment
Benefits of green homes

Enlisting the benefits of green homes -
1) Better health to residents -
- Our eyes are designed for pure sunlight without a direct glare of the rays. Green buildings maximize soft sun light hue in every …

Assocham Asks Govt to Withdraw Service Tax on Real Estate Sector
Thursday, 18 Mar, 2010 – 9:42 | No Comment
Assocham Asks Govt to Withdraw Service Tax on Real Estate Sector

Industry body Assocham has asked the government to roll back the service tax proposed on real estate developers at the time of construction, as it would increase the tax burden on home buyers and impact …

Gurgaon and Mumbai Emerge as Top Residential Destinations
Wednesday, 17 Mar, 2010 – 17:42 | No Comment
Gurgaon and Mumbai Emerge as Top Residential Destinations

Gurgaon and Mumbai have emerged as the top destinations for residential investment in the country. Both have seen a massive infusion of commercial and retail space owing to residential demand, which in turn was spurred …

30% Rise in NPAs- Banks to be Cautious in Extending Loans to Real Estate, Retail
Wednesday, 17 Mar, 2010 – 16:46 | No Comment
30% Rise in NPAs- Banks to be Cautious in Extending Loans to Real Estate, Retail

Banks’ non-performing assets have shot up nearly 30% at the end of calendar 2009 from a year ago due to stress in many sectors and farm loan waiver, indicating sharply lower profits for banks and …

Mall With A Metro
Wednesday, 17 Mar, 2010 – 16:43 | No Comment
Mall With A Metro

Our country’s one of the Leading Real Estate Development Company Mantri Developers of Bangalore recently announced the opening of one of India’s largest malls Mantri Square. The main attraction of the project is that the …

Cities see boom in sales of luxurious housing
Tuesday, 16 Mar, 2010 – 16:07 | No Comment
Cities see boom in sales of luxurious housing

DLF sold apartments worth Rs 1,000 crore in December
The country’s largest real estate developer, DLF, sold apartments worth Rs 1,000 crore in December. This is the highest monthly sale the company has recorded in its …

Realtors Dissent Service Tax
Saturday, 13 Mar, 2010 – 1:54 | No Comment
Realtors Dissent Service Tax

Days after the budget is announced the Realty Industry is showing discontent in concern with the service tax policy announced by the Union Finance Minister, Pranab Mukherjee.The Confederation of Real Estate Developers’ Association of India …