projects in India
India Infoline Finance Ltd, the non-banking finance company (NBFC) of financial services firm IIFL Holdings Ltd, has closed three back-to-back real estate investments in projects in Mumbai, said people familiar with the development. India Infoline Finance has put in around Rs 260 crore across these three deals primarily in the form of loans to developers, [...] Continue Reading »
The ultra luxury housing market has refused the broader slowdown in the economy with the prices all across the prime areas in Delhi, Mumbai, Kolkata, Chennai and Bangalore which have been rising over in the last three years. The data of the resale and secondary market prices along the 21 key areas in five major [...] Continue Reading »
As per a new construction technology, panels made of gypsum reinforced with glass fibre can be used as load-bearing walls replacing brick in a multi-storied building. They can also be used as floor/roof in place of reinforced cement concrete (RCC) slab and these slabs are earthquake resistant too. Rapidwall Building Systems, Australia, has developed a [...] Continue Reading »
Hyderabad- L&T Metro Rail Hyderabad Limited project is developed on a revenue model which aims to collect 50 percent revenue from passenger fares, 45 percent revenue from property development and the remaining five percent from advertisement and other miscellaneous sources. The Rs 14,132-crore metro rail project is one of the largest urban infrastructure projects in [...] Continue Reading »
Trump Organisation, a major US based real estate developer, is planning to expand in the Indian cities like Mumbai and NCR. The company is in talks with developers based at Mumbai and NCR for launching two luxury housing projects under their brand. The group has already entered Indian real estate market with a luxury residential [...] Continue Reading »
Property prices in India has gone up by 40 percent due to delay in clearance of projects. According to Economic Survey 2013, to start a new project, 34 procedures are required to obtain clearances which take an average time of over six months, and the issue needs to be addressed. As per the survey for [...] Continue Reading »
According to the National Housing Bank (NHB) Residex, the last quarter of 2012 saw rise in residential property prices across 18 of the 20 cities covered. Major Indian cities like Mumbai, Delhi, Bangalore, Ahmedabad, Kolkata and Chennai witnessed significant increase in the same. The cities which reported maximum growth in residential property prices quarter-on-quarter are [...] Continue Reading »
2012 was a challenging year for both the home buyers and developers. Certain issues which the real estate market has witnessed in 2012 may continue this year because Delhi-NCR and Mumbai Metropolitan Region are struggling with less property sales due to unaffordable property prices. He added that the new rules for classification of restructured loans have led [...] Continue Reading »
If you are planning to buy a residential property next year, you are going to get many attractive mode and scope of payment scheme but there will be cut short of amenities and facilities in the project. Real estate developers understood that because of overpricing, the properties in India are not getting sold out and [...] Continue Reading »
Hyderabad- Among the seven top metrocities, Delhi-NCR and Pune had the highest growth in the realty capital value during 2012. According to Jones Lang Lasalle, the average growth in the capital value was between 1-3 percent. The rate of capital value growth was slower in cites like Bangalore and Hyderabad and even the price correction [...] Continue Reading »
