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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Real Estate Developer Parsvnath to Raise Rs 600 cr by Selling Stakes in Realty Projects
Thu, 8/10/09 – 17:48 | No Comment
Real Estate Developer Parsvnath to Raise Rs 600 cr by Selling Stakes in Realty Projects

Parsvnath Developers, a Delhi-based real estate company, is in talks with various private equity funds to raise around Rs 600 crore by the end of 2009-10 by selling stakes in its projects, a key official …

Dubai all Set to Host Indian Property Exhibition
Thu, 8/10/09 – 17:45 | No Comment
Dubai all Set to Host Indian Property Exhibition

The IndiaHome Property Exhibition, which helps the Indian diaspora get information on a range of residential real estate opportunities in India, will be held in Dubai from October 9-11.
The exhibition invites prominent builders from across …

Banks Attempt to Make the Best of Festive Season by Lending More for Home Purchase
Fri, 25/09/09 – 17:36 | No Comment
Banks Attempt to Make the Best of Festive Season by Lending More for Home Purchase

State Bank of India, Deutsche Postbank, ING Vysya Bank and Punjab & Sind Bank are attempting to light up the festival season by lending more for home purchases than they did six months back, thanks …

Asset Management Companies Target Overseas Investors
Fri, 25/09/09 – 17:30 | No Comment
Asset Management Companies Target Overseas Investors

Asset management companies have begun selling India to the world yet again. A few domestic fund houses, along with scores of smaller investment companies, are targeting overseas investors through offshore offerings. While a good number …

HUL Puts Residential Properties for Sale in Mumbai and Gurgaon
Thu, 24/09/09 – 13:30 | No Comment
HUL Puts Residential Properties for Sale in Mumbai and Gurgaon

FMCG major Hindustan Unilever (HUL) has put up a total of seven residential properties for sale in Mumbai and Gurgaon, which could fetch around Rs 35 crore. The company has made public announcement that it …

Provide Land Meant for Real Estate to set up IT Companies- Nasscom Asks WB Govt
Tue, 22/09/09 – 22:52 | No Comment
Provide Land Meant for Real Estate to set up IT Companies- Nasscom Asks WB Govt

In the wake of West Bengal scraping a proposed IT township project after a land scam at Vedic Village, industry body Nasscom today said the state government should provide land to IT companies from its …

Relief for Hotel Industry
Tue, 22/09/09 – 22:31 | No Comment
Relief for Hotel Industry

India’s credit-starved hotel industry can now afford to heave a sigh of relief. In a move that promises to make credit easily available to the sector, the Union tourism ministry has permitted the hotel industry …

Despite Unsteady Ride, Indian Property Market has a lot to offer
Mon, 14/09/09 – 16:00 | No Comment
Despite Unsteady Ride, Indian Property Market has a lot to offer

On a high since 2006, the Indian property market descended in January 2008 and continues to remain unsteady. The BSE Realty index moved up by more than six times from January 31, 2006 to January …

Relief for Developers as Govt Slashes Amenities Charges
Mon, 14/09/09 – 15:53 | No Comment
Relief for Developers as Govt Slashes Amenities Charges

In what could be termed a major relief for developers and home buyers, the state government on Wednesday slashed infrastructure and basic amenities charges by 50 to 75 per cent across various categories of buildings. …

Real estate regulator Bill to Be in Action by Winter
Mon, 14/09/09 – 15:49 | No Comment
Real estate regulator Bill to Be in Action by Winter

The draft for the ambitious real estate regulation bill, aimed at facilitating growth and promoting a transparent, efficient and competitive real estate market in the country, is being finetuned by the government, it is learnt. …