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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Punjab government to terminate Omaxe project agreement for multi-million township at Patiala
Tue, 21/06/11 – 18:10 | No Comment
Punjab government to terminate Omaxe project agreement for multi-million township at Patiala

CHANDIGARH: The Punjab government Saturday decided to terminate an agreement with realty giant Omaxe for …

8th Edition of Indian Property Show Starts in Dubai
Tue, 21/06/11 – 15:08 | No Comment
8th Edition of Indian Property Show Starts in Dubai

The Indian Property Show opened at Dubai World Trade Center, Hall No.4. The 8th edition of the show was officially inaugurated by Chief Guest, H.E Shri K. Sankaranarayanan, Governor of Maharashtra, India …

RBIs Rate Hike will affect Real Estate Sector: CREDAI
Tue, 21/06/11 – 12:00 | No Comment
RBIs Rate Hike will affect Real Estate Sector: CREDAI

The Reserve Bank’s decision to raise key policy rates by 25 basis points today is likely to have a negative impact on the real estate sector, so say industry insiders. Real estate …

Increase in Interest Rates May Result in 10-15% Hike in Property Prices
Tue, 21/06/11 – 9:52 | No Comment
Increase in Interest Rates May Result in 10-15% Hike in Property Prices

Housing prices may rise by 5-10 per cent in the next 3-6 months as the cost of funds for developers is expected to increase following the Reserve Bank of India’s decision to raise …

Sobha Developers Announces Completion of its Luxury Villa Project in Coimbatore
Tue, 21/06/11 – 5:49 | No Comment
Sobha Developers Announces Completion of its Luxury Villa Project in Coimbatore

Bangalore-based Sobha Developers, which is slowly expanding its presence in states like Tamil Nadu, has announced the completion of its first residential project in Coimbatore, the second largest city in the state. …

70 Year Old Bungalow Near Cannaught Place on Sale for Rs140-160 Crore
Mon, 20/06/11 – 18:43 | No Comment
70 Year Old Bungalow Near Cannaught Place on Sale for Rs140-160 Crore

Bungalows outside Lutyens Bungalow Zone are becoming hot property with a breed of new entrepreneurs on the hunt for a premium address in the Capital. After a landmark Rs 170 crore-deal for a …

Akshaya Homes to Set up 3 Healthcare Centres at Chennai
Mon, 20/06/11 – 15:38 | No Comment
Akshaya Homes to Set up 3 Healthcare Centres at Chennai

Real estate developer Akshaya Homes Pvt Ltd is planning to enter healthcare sector by setting up three healthcare centres in Chennai. The total project cost is around Rs 300 crore. It would …

Leading Chennai Developer Launches Residential Project ‘Silent Valley’ at Thambaram
Mon, 20/06/11 – 12:34 | No Comment
Leading Chennai Developer Launches Residential Project ‘Silent Valley’ at Thambaram

Vijay Shanthi Builders, one of leading Chennai-based property developers, has now launched a residential project, with a mix of apartments and villas, at Thambaram, a south-western suburb of Chennai. The project, Silent …

Unitech Chairman Benefited from 2G Scam: Enforcement Directorate Claims
Mon, 20/06/11 – 9:31 | No Comment
Unitech Chairman Benefited from 2G Scam: Enforcement Directorate Claims

Enforcement Directorate has named chairman of realty company Unitech, Ramesh Chandra along with his son as beneficiary to the tune of Rs 1,749 crore in equity sale to Telenor Asia in 2008. …

Starwood Hotels & Resorts to Operate 50 Hotels in India by 2012
Mon, 20/06/11 – 6:27 | No Comment
Starwood Hotels & Resorts to Operate 50 Hotels in India by 2012

New York Stock Exchange-listed Starwood Hotels & Resorts Worldwide, Inc expects to operate 50 hotels in India by the end of 2012 and the country is second only to China in its plans …