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Indian Real Estate News
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Yamuna Expressway undergoes major development |
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Source: Times Property, Delhi/NCR May 15, 2013 |
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Yamuna Expressway is the 6-lane, 165 km long stretch that connects Greater Noida to Agra. The need for the new Expressway was multi-fold. Apart from reducing travel time between the two cities and allowing development of the bordering areas, the Yamuna Expressway connects the commercial hubs of East Yamuna with the rest of Noida. ... more |
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WB government working on digitization of land use map |
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Source: The Times of India, Kolkata May 13, 2013 |
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The state land use board under the land and land reforms department has completed digitization of zoning land in Hooghly, Howrah, South 24 Parganas, Nadia, East Midnapore and Murshidabad districts. ... more |
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RBI’s balancing act cheers realty by and large |
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Source: The Times of India, Mumbai May 13, 2013 |
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A marginal rate cut may not have any significance on the macro-economic indicators of the country but still goes a long way in improving the sentiments of the market, by and large. Hence, when the Reserve Bank of India (RBI) cut its policy interest rate by 25 basis points on May 3, 2013... ... more |
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Home prices near most affordable levels in over 30 yrs |
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Source: The Economic Times, Delhi/NCR May 13, 2013 |
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Home prices may have been on an upward spiral for many years, but the cost of owning a house in India remains near the most affordable level in over three decades, shows data compiled by mortgage giant HDFC Ltd. ... more |
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Big discounts on resale flats |
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Source: The Times of India Apr 01, 2013 |
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The resale market offers new properties and those under construction at a discount to those being offered in the same projects. ... more |
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Resale, Property, Real Estate |
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Element Capital to raise $1 bn fund for low-cost housing |
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Source: ET Bureau Feb 13, 2013 |
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Real estate-focused private equity firm Element Capital is in the process of launching a billion-dollar (about 5,400 crore) fund that will invest in low-income housing, as it looks to take advantage of a resurgent property market. ... more |
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property buying in india, real estate trends, property of india, real estate in india |
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Oberoi Realty, Bulgari hotel talks fall through |
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Source: ET Bureau Feb 12, 2013 |
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Mumbai will have to wait a while longer for its ultra-luxury Bulgari hotel, as talks between the Italian hotel brand and Oberoi RealtyBSE 2.00 % have fallen through. ... more |
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property buying in india, real estate trends, property of india, real estate in india, mumbai properties |
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Provident Housing Ltd forays into Mangalore |
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Source: PTI Feb 11, 2013 |
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Provident Housing Ltd, a wholly- owned subsidiary of the real-estate developer Puravankara Projects LtdBSE 2.10 %, is foraying into Mangalore with the launch of its property 'Skyworth'. ... more |
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india real estate, bangalore properties, bangalore real estate |
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OMAXE Ltd CMD asked to appear before National Green Tribunal for violating order |
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Source: PTI Feb 10, 2013 |
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The Chief Managing Director of real estate developer OMAXE Ltd BSE 1.43 % has been directed by the National Green Tribunal (NGT) to appear before it for alleged violation of its order restraining use of ground water during construction activities in Noida and Greater Noida. ... more |
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india real estate, delhi properties, delhi NCR real estate |
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Morgan Stanley may invest up to Rs 9-10 billion in Mumbai office development: Sources |
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Source: ET Bureau Feb 08, 2013 |
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The global real estate fund of Morgan Stanley is in talks with the Wadhwa Group to invest Rs 9 billion to Rs 10 billion($168-$186 million) in an office development in Mumbai, three sources familiar with the matter told Reuters. ... more |
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property buying in india, real estate trends, property of india, real estate in india, mumbai properties |
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Aman New Delhi hotel renamed The Lodhi |
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Source: ET Bureau Feb 01, 2013 |
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At midnight on Thursday, the elitist Aman New Delhi hotel in the western fringes of Lutyen's Delhi, was renamed The Lodhi, a throwback to its former name (Lodhi Hotel) when it was owned by the government. ... more |
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real estate of india, delhii real estate, Robert Vadra |
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AIG private equity buys out Bangalore-based RMZ's stake in Hyderabad project |
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Source: ET Bureau Jan 30, 2013 |
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New York-based private equity fund AIG Global Real Estate has bought out Bangalore-based developer RMZ Corp's 50% stake in their stalled joint venture mall project in Hyderabad, a person with knowledge of the development said. ... more |
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property buying in india, real estate trends, property of india, real estate in india |
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Bangalore-based Century Realty’s debenture default triggers panic in sector |
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Source: ET Bureau Jan 29, 2013 |
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Many well-heeled investors pouring money into real estate bonds to get a higher return from a secured investment have been taken aback by the first default in a property debenture since the turbulent days of 2008-09. ... more |
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india real estate, bangalore properties, bangalore real estate, Century |
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Correction in the housing market may be round the corner |
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Source: ET Bureau Jan 28, 2013 |
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Home prices in Mumbai softened in the December quarter while price growth in other Indian cities slowed, two real estate consultancy firms have said, reinforcing speculation that a correction in the housing market could be round the corner. ... more |
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property buying in india, real estate trends, property of india, real estate in india |
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Lodha gets overwhelming response for posh project |
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Source: PTI Jan 28, 2013 |
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At a time when property prices in Mumbai are not showing any signs of decline despite low sales, Lodha Group today said it has received 1,300 applications from prospective buyers for an upcoming realty project, which is more than double the number of units up for sale. ... more |
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property buying in india, real estate trends, property of india, real estate in india, Lodha, mumbai properties |
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Company is not going bankrupt: HDIL |
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Source: ET Bureau Jan 24, 2013 |
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Mumbai-based realty developer Housing Development Infrastructure (HDIL) on Thursday said that the company is not going bankrupt. The statement came soon after the company stock dropped over 30% in three trading sessions and hit its lowest since September 17, 2012. ... more |
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india real estate, real estate markets, indian real estate, realty trends, HDIL |
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Delhi Development Authority to triple floor area ratio, city to go vertical |
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Source: ET Bureau Jan 23, 2013 |
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Delhi's planning body may allow houses that are built for the poor and middle-class to go vertical by tripling the floor area ratio (FAR) from 200 to 600, as the city copes with growing housing shortage, government officials said. ... more |
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india real estate, delhi properties, delhi NCR real estate |
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Housing ministry seeks tax sops for affordable housing projects |
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Source: ET Bureau Jan 22, 2013 |
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The housing ministry has sought tax sops, including a year's extension of a benefit under Sec 80 IB (10) of the Income-Tax Act, for developers of affordable housing projects, according to a senior official. ... more |
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property buying in india, real estate trends, property of india, real estate in india |
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Increase in circle rates good or a huge dampener to the realty sector |
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Source: TNN Jan 19, 2013 |
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The increase in circle rates came as a huge dampener to the realty sector in 2012. But what is the real implication of this raise for homebuyers: is it a curse all the way or could it be a blessing in disguise. ... more |
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Tag:
property buying in india, real estate trends, property of india, real estate in india |
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