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: government

Government tries to make home affordable
Friday, 31 Jul, 2009 – 15:10 | No Comment
Government tries to make home affordable

The government announced for lower cost housing are expected to have a significant impact on the affordability of such homes, and encourage developers to get into the segment.
As per the government’s announcement, the value of …

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 …

Supreme Ccourt notice to Centre, Maha and Four Real Estate Developers
Thursday, 23 Jul, 2009 – 0:13 | No Comment
Supreme Ccourt notice to Centre, Maha and Four Real Estate Developers

The Supreme Court today sought a response from the Centre, Maharashtra government and four real estate developers on Bharat Petroleum Corporation’s (BPCL) plea alleging a security threat to its refinery, Tata Electricity Company’s plant and …

Nepal- Expecting Mini Real Estate Boom
Tuesday, 21 Jul, 2009 – 13:50 | No Comment
Nepal- Expecting Mini Real Estate Boom

Nepal may not be the obvious next property hotspot but the mountainous country between India and China is experiencing a mini real estate boom as wealthy Nepalese real estate investors seek a safe have for …

Home Loans schemes not performing as expected….
Monday, 2 Mar, 2009 – 17:21 | No Comment
Home Loans schemes not performing as expected….

Two months after lower interest rates were announced for home loans up to Rs 20 lakh, public sector banks (PSBs) have cleared only 28,000 proposals and disbursed Rs 1,550 crore under this special scheme.
For instance, …

Budget disappoints Indian Real Estate
Tuesday, 17 Feb, 2009 – 17:26 | No Comment
Budget disappoints Indian Real Estate

“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, …

Emaar MGF to be bailed out by Government
Monday, 16 Feb, 2009 – 14:36 | No Comment
Emaar MGF to be bailed out by Government

Cash-strapped realty major Emaar MGF may turn out to be the first major beneficiary of a government package in the real estate sectordue to its partnership with Delhi Development Authority (DDA) for the 2010 Commonwealth …

Stimulus package should be focused on buyers of homes: CREDAI
Monday, 26 Jan, 2009 – 15:39 | No Comment
Stimulus package should be focused on buyers of homes: CREDAI

Generally, in a buyers’ market things are advantageous to the buyer, whereas in a sellers’ market the advantage is for the seller. What is the status of the real estate market now? “Currently we are …

Real Estate needs Goverment support to balance the situation
Thursday, 18 Dec, 2008 – 14:55 | No Comment
Real Estate needs Goverment support to balance the situation

Real estate  prices in India are plunging, projects are failing to take off and the industry is reeling under a severe liquidity crunch.”Transactions are down 80 percent, prices are on downward trend everywhere, new projects …

Realty wants more….
Sunday, 14 Dec, 2008 – 1:33 | No Comment
Realty wants more….

The measures announced  by RBI and government few days back seem inadequate  for real estate to pull the sector out of the sales slump as well as the financial crunch.The RBI classified as priority sector loans by …