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Properties in India

Prestige Estates plans to earn Rs 225 crore from rental revenues

Prestige Estates plans to earn Rs 225 crore from rental revenues
Prestige Estates Projects had launched real estate projects in India roughly about 9.6 million sq ft in 2011-2012, out of which they have sold almost 5 million sq ft with the sales turnover of almost Rs 2,127 crore. The rental income of Prestige Estates as of now stands at about Rs 187 crore and that [...] Continue Reading »

Central government is still waiting to decide on real estate regulatory bill

Central government is still waiting to decide on real estate regulatory bill
The Housing and Urban Poverty Alleviation ministry has drafted the real estate regulatory bill, and planned to introduce it in the budget session that concluded last month. However, following huge numbers of protest, the ministry held a fresh round of consultations with all the states last month to try and get them on board. It [...] Continue Reading »

Real estate in India is in top 3 for rise in housing price

Real estate in India is in top 3 for rise in housing price
In a recent survey it is found that the cost of residential properties in India has increased by 12 percent in the financial year 2011-12. In the growth pattern India stands at 3rd position in the report. Typically, high interest rates dampen housing demand. However, the rise in prices in India was despite the prevailing [...] Continue Reading »

New launch of real estate projects in India are on a halt

New launch of real estate projects in India are on a halt
The real estate developers in India are concentrating more on the execution and completion of the older under construction projects in India. The real estate market is struggling to come out of the situation as project delay is a major concern for the investors as well as for the home buyers. It is reported that [...] Continue Reading »

L&T infrastructure and real estate will merge

L&T infrastructure and real estate will merge
The engineering and construction conglomerate Larsen & Toubro may merge its property development and real estate units as part of a business realignment strategy. According to L&T official, the L&T Urban Infrastructure will now be merged with L&T Realty, which in turn will manage the real estate business for the company. L&T Realty is strengthening [...] Continue Reading »

DLF unable to utilize its non-core business

DLF unable to utilize its non-core business
Though it is found that the performance of DLF is slightly better than last quarter, they are still struggling to attract the investors. Most of their projects are still laying unoccupied due to high interest rate for funding. Most of the home buyers are looking for local builders for buying apartments in India. That is [...] Continue Reading »

Real estate in India will promote Green Building concept

Real estate in India will promote Green Building concept
Indian GDP is driving by the Indian real estate sector. It is also playing a major role in terms of employment generator. As the population is growing, the needs for individual apartments are increasing in India. But simultaneously, the increasing population is becoming a threat to the natural resources. To preserve the natural resources and [...] Continue Reading »

Affordable housing project launched by Vibgyor

Affordable housing project launched by Vibgyor
Vibgour has launched apartments in India which are priced at Rs 3 lakhs and above. All these flats will have modern architecture, layout, designs and amenities to cater to the needs of the buyers at affordable prices. According to Vibgyor Group, the affordable housing in India has become the new trend to promote the apartments [...] Continue Reading »

Cost of Property in India increased by GDP growth

Cost of Property in India increased by GDP growth
The rise in the per capita income has increased the demand for housing opportunities in India. As a result the cost of the properties has also increased in Indian property market. It is noticed that the sudden rise in the property price has happened due to the lag between the demand and supply. Housing projects [...] Continue Reading »

Pashmina developers are setting up landmark in real estate

Pashmina developers are setting up landmark in real estate
Pashmina developers are building and delivering residential, commercial and retail real estate properties in India with a signature touch. The motivations behind their projects are the quality and class of the construction of projects. The pashmina Group has a dedicated and experienced team employed in its diverse community, led by the visionaries who are designing [...] Continue Reading »



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