“The budget has failed to meet the expectations at this time of global downturn,” said Navin M. Raheja, managing director of the Delhi-based Raheja Developers. “The government has taken no initiatives towards reviving the sector, …

Real-estate companies are planning to ask the Government to buy out their unsold flats at current market prices and sell these at a later date. The proposal floated by one of the big Delhi-headquartered and …

After launching mid-income houses, real estate companies are now targeting low-priced homes in the sub-Rs 10 lakh category to improve cash flows and beat the slump in the property market that has been driven by …

Real estate developers are worried about the safety of their projects and planning for insurance cover against it after the recent attacks in finance capital of our country. Currently, only a few developers take insurance …

International hotel chains like Hilton, Accor, Carlson and Starwood are concerned about the viability of their India plans. Many hotels chains have tied up with real estate developers like DLF, Emaar MGF, Unitech and Parsvanath …

DLF Ltd,  has fired some of its employees and put on hold some of its residential, commercial and hotel projects, because of a slump in real estate demand and liquidity crunch.
“We must have laid off …