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 tagged with: Bangalore

High Vacancy Levels Pose Problems for Asian Office Space Market
Thursday, 13 Aug, 2009 – 15:26 | No Comment
High Vacancy Levels Pose Problems for Asian Office Space Market

Floors of office space in key business districts of Delhi and Mumbai are awaiting occupants, although rentals have gone down and business confidence is said to have returned, according to a study that tracks Asian …

Developers Reconsider Luxury Housing
Thursday, 13 Aug, 2009 – 15:22 | No Comment
Developers Reconsider Luxury Housing

As demand trickles back into the property sector, particularly in the affordable housing space, bringing back buyers and pushing up sales, developers such as QVC Realty, Lodha Group, Unitech Ltd and Ajmera Group are trying …

Puravankara buys sixty-two acres in Bangalore
Tuesday, 4 Aug, 2009 – 12:44 | No Comment
Puravankara buys sixty-two acres in Bangalore

Provident Housing is a fully-owned subsidiary of the Bangalore-based Puravankara Group. Provident housing is learnt to have bought a 62-acre land parcel in the outskirts of Bangalore. The deal is believed to have been …

Pride Group of Hotels Plan Expansion
Friday, 31 Jul, 2009 – 14:53 | No Comment
Pride Group of Hotels Plan Expansion

Pride Group of Hotels, promoted by S.P. Group of companies, has embarked on a Rs. 800-crore expansion plan to open more five-star hotels, resorts and business hotels in a span of six years. The group, …

Karnataka Tier 2 and 3 Real Estate Still Suffering slowdown
Wednesday, 29 Jul, 2009 – 13:22 | No Comment
Karnataka Tier 2 and 3 Real Estate Still Suffering slowdown

Karnataka tier 2 3 realty real estate property UTVi developer housing Despite Bangalore’s real estate market showing signs of recovery, properties in tier-2 and tier-3 cities …

Govt Targets More Foreign Investment in Real Estate
Thursday, 23 Jul, 2009 – 13:58 | No Comment
Govt Targets More Foreign Investment in Real Estate

The government in India wants to make it easier for foreign property investors and in particular for them to put their money into projects that relate to the hospitality sector and tourism. It is looking …

Mumbai is most preferred property investment destination
Thursday, 23 Jul, 2009 – 13:46 | No Comment
Mumbai is most preferred property investment destination

The financial capital Mumbai now ranks as the most preferred destination for investing in properties, while Chennai has replaced Bangalore.
The survey, “Trend in residential space across top cities in the current scenario” ranked Mumbai as …

Govt may relax FDI norms in realty
Monday, 13 Jul, 2009 – 15:03 | No Comment
Govt may relax FDI norms in realty

The government department responsible for the promotion of industry is proposing easier rules to allow overseas investors to be part of smaller real estate projects and lower capitalisation norms for those which involve facilities in …

Small realty cos rework deals with landowners
Tuesday, 7 Jul, 2009 – 20:44 | No Comment
Small realty cos rework deals with landowners

With reduction in land prices , an average 30% across India in the past 6 months, many medium-sized developers are trying to renegotiate the joint development agreements, they had signed with landowners earlier.
“Renegotiations have definitely …

Best real estate investments for 2009
Monday, 5 Jan, 2009 – 15:02 | No Comment
Best real estate investments for 2009

Investing your money in real estate is not enough. Knowing where to invest is necessary for attractive gains in the property market. So which are the best places to invest in real estate in 2009? Global …