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: Developers

Lower land costs and transparency attract Mumbai builders to Gujarat
Tuesday, 23 Feb, 2010 – 13:16 | No Comment
Lower land costs and transparency attract Mumbai builders to Gujarat

Many Mumbai-based developers are shifting focus to the the neighbouring state of Gujarat owing to the stagnating real estate market in Mumbai. Developers such as Godrej Properties, Ackruti City, Ravi Group, K Raheja Group, Sahara …

Developers Using Buyer’s Booking Deposit to Repay Debt
Wednesday, 14 Oct, 2009 – 15:30 | No Comment
Developers Using Buyer’s Booking Deposit to Repay Debt

Home buyers who have booked properties this calendar hoping they would get their homes in the next two years may be left disappointed, say analysts. That’s because real estate developers have used up the money …

Developers not to Pay Fine for Late Delivery if Specific Date is not mentioned on Contract
Friday, 11 Sep, 2009 – 11:21 | No Comment
Developers not to Pay Fine for Late Delivery if Specific Date is not mentioned on Contract

Real estate developers cannot be fined for late delivery of possession of a flat to an allottee if no specific date of its delivery is mentioned in the contract, the apex consumer body has held. …

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 …

Tax Break for Developers
Tuesday, 28 Jul, 2009 – 10:14 | No Comment
Tax Break for Developers

The government will extend tax breaks for industrial park schemes and developers of real estate and road projects to stimulate the economy and lift growth to 8-9 percent by the end of 2010, the finance …

Real Estate Customers are now demanding Value for Money
Monday, 27 Jul, 2009 – 16:51 | No Comment
Real Estate Customers are now demanding Value for Money

In the last eight to 10 months, the real estate market has swung from being a builders’ industry to a customers’. “Today, a client is given more value and has a plethora of options,” feels …

Greedy Developers Hoping to Stimulate Demand by Increasing Property Prices
Tuesday, 14 Jul, 2009 – 14:44 | No Comment
Greedy Developers Hoping to Stimulate Demand by Increasing Property Prices

Banks in India are urging property developers to stop increasing real estate prices as it could stall a recovery in the market.
There is considerable disquiet that the developers have been taking advantage of a pick …

Budget Ignored Affordable Housing- Developers
Thursday, 9 Jul, 2009 – 21:41 | No Comment
Budget Ignored Affordable Housing- Developers

Real estate players in the city are a disappointed lot as they feel the finance minister’s proposals for the sector have ignored the aspirations of the Indian middle class. The Pune branch of the Confederation …

Developers put New Orleans Trump Tower on hold
Sunday, 26 Apr, 2009 – 17:43 | No Comment
Developers put New Orleans Trump Tower on hold

Property tycoon Donald Trump has suffered another blow from the global economic downturn with another project put on hold.
The $400 million Trump International Hotel & Tower in New Orleans is on hold until the real …

Property brokers taking advantage of the slowdown..
Thursday, 5 Mar, 2009 – 16:21 | No Comment
Property brokers taking advantage of the slowdown..

Property brokers are taking advantage of the slowdown in the residential real estate market by increasing the commission they charge from developers. As house and apartment sales sag, brokers, who typically charged 2-5% of the …