Business
Housing finance was viewed by banks as one of the safest avenues for lending. Banks that had got into the act early on, in competition with the specialised housing finance companies that started the business, were handsomely rewarded with a very positive risk-reward profile for several years. As the sector expanded, though, many of these [...] Continue Reading »
A unique and exclusive housing finance Branch has been opened in Ernakulam by the State Bank of Travancore (SBT). As per the statement of spokesman no other public sector bank in India operates such a branch anywhere in the country. For all housing, interior modification/beautification plans and other top-up loans for housing, it will be [...] Continue Reading »
Bangalore- Chetan Dave, head of IDFC Alternatives real estate investment team, has resigned from his post due to mismatch of interests between him and the rest of the management, as said by sources. Dave had joined IDFC Alternatives in June 2010. His position is expected to be taken up by Satish Mandhana, currently managing partner [...] Continue Reading »
Owing to declining sales and liquidity crunch scenario, real estate developers of Ahmedabad are looking for innovative offers to attract buyers. Developers and promoters are offering schemes like free parking, interest free EMIs, free club membership, and varied discounts to buyers though they may not offer direct cash discounts. Local developers in Ahmedabad have not [...] Continue Reading »
Dhar & Hoon Blurb India has won the creative duties for real estate company Business Park Town Planners (BPTP). The agency won the business based on its outlook and vision for the real estate brand, which goes beyond real estate. The size of the business is said to be significantly high. Other agencies involved were [...] Continue Reading »
The real estate sector in Thiruvananthapuram is mainly focusing on the city centric areas as the relators believe that people prefer to stay in than city outskirts. Builders are redesigning the apartments by reducing floor ratio in order to make them affordable for middle-income group of buyers. According to Artech CEO, T S Asok, the [...] Continue Reading »
DLF, leading real estate developer of India, held back by debt and sluggish demand, is shifting back its focus on the familiar territory of its home market. The firm concentrates on building high-end luxury homes in North India while new projects in other parts of the country see a downtrend. Its overall focus in the [...] Continue Reading »
The exhibitors at the Indian Property Show, which was opened on 21st June 2012 at Dubai World Trade Centre, expect a flourishing business after the recent 30 per cent fall of the Indian Rupee value against the US Dollar and the Dirham. The experts are of the opinion that the Non-Resident Indians (NRIs), following the [...] Continue Reading »
Companies in Indore are no longer orphan and are under constant vigil by the industry department. The defaulter companies that have not worked as per the rules of the department are to lose their land. The flouting of norms include not initiating any work on the land allotted to them or selling the plots to [...] Continue Reading »
Mumbai today is well known for its infrastructure, IT, tourist places, business, real estate and many more but on whole it has been proved that, there is an utter lack of civic sense. It is the citizens and the Brihanmumbai Municipal Corporation (BMC) who are to be blamed for the poor civic sense. Almost each [...] Continue Reading »
