Realty News
The new land reform policies brought by the Land Acquisition Act shall be pushed irrespective of whether a consensus is reached or not. The NDA government is working on implementing fresh measures to ensure the execution of the new Land Acquisition Act. Finance Minister ArunJaitley in a recently mentioned that the government shall be implementing [...] Continue Reading »
India’s relaxed rules for foreign direct investment (FDI) in construction will make it easier for foreigners to invest in real estate. While the promise of capital for those steeped in debt has surely been cheered by the real estate sector, it could bring more pain for buyers back at home. Demand and supply dictate logic- [...] Continue Reading »
Indian realtors are in for severe competition if foreign direct investment rules are relaxed according to ratings agencies like Fitch, even though it promises enhanced liquidity. Filch Ratings presages competition as inevitable if the rules on foreign direct investments into India’s property development sector are relaxed. It would however be beneficial for the improvement of [...] Continue Reading »
As compared to real estate investments in the Asia Pacific Region, Indian realty remained dull in 2012-13. REITs worth $10 billion may be listed in case of tax relief provided by the Government of India. CEO of Jones Lang LaSalle for Asia Pacific, Alastair Hughes revealed his opinions on matters related to real estate market [...] Continue Reading »
Those awaiting the DDA Housing Scheme 2014 results must wait further as it has suffered yet another delay, supposedly for a few days. The Draw is to be conducted in another 2-3 days as per official reports. Previous Delays: There have already been a number of delays, postponing the date for the announcing the results [...] Continue Reading »
Fitch Ratings is one of the premier ratings agencies in India and it has predicted immense competition amongst Indian developers owning to possible relaxation of FDI regulations. Filch Ratings presages competition as inevitable if rules on foreign direct investments into India’s property development sector are relaxed. It would however be beneficial for the improvement of [...] Continue Reading »
A consumer forum in New Delhi has compelled the Durga Builder Pvt. Ltd, a real estate firm, to pay compensation money of 4 Lakh to agitated customer for having unfair business means. Durga Builder, a Delhi based real estate firm is asked to pay 4 Lakh to a woman who resorted to consumer forum after [...] Continue Reading »
An estimated amount of Rs 35 crore has been invested in Bengaluru City’s upcoming residential project of Yeshwantpur area by Amplus Capital Advisors Pvt. Ltd. Amplus Capital Advisors Pvt. Ltd has invested around 35 crore in a project owned by the Bengaluru based builder Jain Heights. The capital investment made by Amplus Capital is for [...] Continue Reading »
The road transport ministry has established four highly efficient parameters for itself soon after returning from Prime Minister’s Chamber. The minister is planning target rewards for the Projects on National Highways. The present target for the road transport ministry that has been timed for this fiscal succeeds that of 2013-2014 by 2.5 times! The previous [...] Continue Reading »
Peninsula Brookfield Investment Managers Pvt. Ltd., a real estate based fund, has made an investment worth Rs. 200 crore in the upcoming projects of Bengaluru based home builders organisation Total Environment Building Systems Pvt. Ltd. Present investment estimates: The Rs. 200 crore investments by Peninsula Brookfield is a structured debt in the form of non-convertible [...] Continue Reading »
