projects in India
The government of India has planned to set up committee to evolve a workable strategy for reducing the time taken in approval of real estate projects in India. According to builders association, faster approval process can reduce the cost of any project between the range of 20 to 40 percent. The minister of housing and [...] Continue Reading »
Bangalore based real estate developer Sobha Developer has set a target of Rs 2000 crore from selling of real estate projects in India. According to a higher official of Sobha developer, the growth momentum in terms of launching and booking of new projects will continue in the same pace. In last financial year of 2011-12, [...] Continue Reading »
Godrej Properties is considered as the most promising Indian real estate companies.The company has published its last quarterly performance report. The report shows that the consolidated net sales has grown by 8% while the operational profit of the company has dropped by 17.4 percent. The majority of the income of the company came from the [...] Continue Reading »
Sobha Developers has recorded R94 crore as its net consolidated profit for the quarter ended March 31, 2012. This profit is more than double than the profit made in the year 2011. Sobha developers has earned 64 percent of its revenue from the real estate projects across India. They have also earned Rs 130 crore [...] Continue Reading »
It is common to see that the real estate projects are constructed in phases. It is always recommended to invest in to any real estate project at the launch stage. Real estate developers use the concept of soft launch to generate the cash flow. Even before the basic approvals are in place, developers start marketing [...] Continue Reading »
Mumbai based real estate builder Sunteck Realty plans to invest about Rs.5400 crore by 2020. They also planned to construct 18 million sq ft of real estate property. Sunteck Realty currently constructing 27 projects across the country. According to Sunteck, there is lot of demand for luxurious apartments. Sunteck Realty will complete five residential and [...] Continue Reading »
Private equity is taking a vital role for the growth of real estate sector in India. It is observed that fresh funds are being invested in real estate from different equity players. During the year 2010-11 more than one billion dollar was invested in different residential projects in India. The big sources of equity funds [...] Continue Reading »
According to a recent survey made in all major cities in India, it is found that most of the Real Estate projects in India are running behind the schedule. The scenario is worst in the capital city. According to the survey the builders in Bangalore and Mumbai are working more efficiently than other parts of [...] Continue Reading »
