Real Estate builders in India
Real estate developers have to deposit one per cent of the project cost to Bhubaneswar Municipal Corporation (BMC) in advance so that the civic body may build infrastructure such as drains, streetlights and roads. Such deposit would be mandatory for obtaining building plan approval from the Bhubaneswar Development Authority (BDA) without which construction work can’t [...] Continue Reading »
Real estate developers have been requesting the government to give them a go ahead with REIT (Real Estate Investment Trusts). Blackstone, K Raheja, Embassy, Panchsil, DLF and RMZ could be the first off the block together listing as much as 75 million square feet, for an estimated $5 billion, in the next twelve months, once the [...] Continue Reading »
The residents of ‘O’ block in IBC Platinum City apartments claimed that they are not provided any facilities which were promised by the builders at the time of buying flats in Bangalore. The apartment is situated on HMT Link Road off Tumkur Road which has 616 flats with commercial complexes and a huge swimming pool. [...] Continue Reading »
Acquiring land for industrial and infrastructure development in India will be a tough job after the Land Acquisition Bill get confirmation of the parliament. The industry is alarmed by the panel’s suggestion that the government should no longer help the private sector buy land. Instead, they recommend the government should intervene in negotiations with landowners [...] Continue Reading »
The largest real estate builders in India DLF will sale its Aman Resorts. The builder took the decision to reduce its rising debt. DLF is trying to reduce the burden of $4.2 billion debt by selling its non-core assets. DLF is hoping to get a value close to $ 400 million from the Aman Resorts [...] Continue Reading »
The entire real estate sector is waiting to see the pros and cons of realty budget 2012. Lot of hope and expectation is rising in this sector. It is reported that the realty sector is the second largest to generate employment and about 5 percent of the total GDP of the country is contributed by [...] Continue Reading »
The real estate builders of India are now targeting the NRI investors and individual for promoting the project. To advertise the market opportunity, a property exhibition is set in Doha. More than 100 projects across India will be promoted in the property expo. The organizers expecting a huge inflow of funds will promote the real [...] Continue Reading »
The Golf is going to be the next generation marketing platform for the Real Estate builders Of the country. All the Class-A builders of the country are owning a golf team. And according to a higher official of a development firm, through this platform they will be able to attract the high end potential customers [...] Continue Reading »
