Real Estate Developers Have High Hopes from Budget 2010
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Mon, 15/02/10 – 16:27 | No Comment

Developers are re-calculating the upwards swing in the real estate industry, especially housing, provided Government pays special attention the sector. Various developers voice their expectations from Budget 2010.
AVNISH AGRAWAL, DIRECTOR, MERITON GROUP- Talking from common …

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Articles tagged with: Chennai

Real estate sector expects a good beginning
Wednesday, 3 Mar, 2010 – 10:36 | No Comment
Real estate sector expects a good beginning

Like the rest of the world, the real estate market in Chennai has been through one of the worst years in recent times. With the year 2009 behind, there is optimism amongst developers that 2010 …

Better construction techniques at lesser cost
Tuesday, 2 Mar, 2010 – 11:24 | No Comment
Better construction techniques at lesser cost

Innovations and new methods in construction abound and they help reduce cost, time and improve quality. Adopting new technologies is important as they bring in a systematic way of working, maximise output in a short …

Affordable segment continues to hold the key
Tuesday, 2 Mar, 2010 – 11:09 | No Comment
Affordable segment continues to hold the key

The year 2009 started with gloom, painted all over the real estate sector. So much so, several of the leading realty players had to mop up funds to feed their cashstarved enterprises to retire old …

Incomplete Projects Creating Problems for Unitech
Wednesday, 17 Feb, 2010 – 13:08 | No Comment
Incomplete Projects Creating Problems for Unitech

Developer Unitech’s Rs 2,022 crore inflow from sale of part stake in the telecom business will bring down its debt, but it may not be time yet for investors to grab the stock as the …

IndiaHome Property Exhibition in Dubai Receives Positive NRI Response
Wednesday, 14 Oct, 2009 – 15:24 | No Comment
IndiaHome Property Exhibition in Dubai Receives Positive NRI Response

The IndiaHome Property Exhibition, presented by Citibank NA and jointly organized by the Dubai-based Media Agency Middle East and Signature Events, has received a positive NRI response as 18 of India’s most reputed real estate …

Relief for Developers as Govt Slashes Amenities Charges
Monday, 14 Sep, 2009 – 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. …

Unitech Looks to Invest Rs 600 cr into Affordable Housing
Friday, 14 Aug, 2009 – 14:30 | No Comment
Unitech Looks to Invest Rs 600 cr into Affordable Housing

Unitech Ltd, India’s second largest real estate developer, is looking at investing Rs 600 crore to develop and launch affordable houses under its Uni Homes brands across seven cities in the country. The developer would …

Recovery in Commercial Real Estate
Monday, 27 Jul, 2009 – 16:53 | No Comment
Recovery in Commercial Real Estate

Commercial real estate transactions, considered a key indicator of economic activity, is showing first signs of stability after a free fall during the early part of this year. According to real estate consultants, the worst …

SBI Allies with Builders to Promote Home Loan Segment
Friday, 24 Jul, 2009 – 16:44 | No Comment
SBI Allies with Builders to Promote Home Loan Segment

Country’ largest lender, State Bank of India has been disbursing home loans via non-conventional channels. Recently, the bank organized a three days ‘SBI Home Fair 2009′ at Mayor Ramanathan Chettiar Centre in Chennai. The bank …

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 …