Real estate developers in India
The real estate developers in India have started facing infringement of their brand names established over the years due to the joining of their counterparts in the sectors like pharmaceuticals and consumer goods that are known to make serious efforts to promote and protect their brands. Recently the developers like Hiranandani, Orbit, Kalpataru and HCC [...] Continue Reading »
As the demand for luxury homes have gone down, the developers are now concentrating on smaller-sized apartments in India. Developers are now offering cheaper homes without decreasing per area price to increase sales. Last year home sales have seen a downfall, with the increase in property prices. Though the home slaes have dropped, the demand [...] Continue Reading »
New Delhi- Senior citizen friendly apartments are becoming popular in India. Many top realtors have already dedicated projects catering to the needs of the elderly people. India will have 198 million senior citizens (aged 60 and above) by 2020, according to an estimate of United Nations. This big number of senior population has been attracting [...] Continue Reading »
New-Delhi- The Indian subsidiary’s ‘ Theme Home’ business will be replicated in the global markets by the Walt Disney Company. Last year, Disney India, which is the company’s Indian arm entered this segment and sold the rights of its characters to two of the prominent real estate developers in India. With a permission over the [...] Continue Reading »
The real estate developer Lodha Group goes for smaller and affordable flats due to the slow sales in Mumbai. Due to the sluggish demand, Lodha Group is planning to sell its upcoming premium residential project on a first-come-first-serve basis in Worli, Mumbai. The project is centrally located and well connected. Lodha group will start distributing [...] Continue Reading »
Reserve Bank of India holding on policy rates can put more stress on real estate market, says real estate developers. RBI should have cut down the rates as the growth rate is coming down and industry and government is also calling for a rate cut. Lalit Kumar Jain, national president of Confederation of Real Estate [...] Continue Reading »
The Economic Offences Wing (EOW) of the Mumbai has filed a case against four realty firms for duping flat owners. Two real estate companies developed a plot of land in Ambewadi, Parel for constructing a 14 storey building. Once the building is constructed, it was demolished later due to some reason. The realty firms then sold the [...] Continue Reading »
Real estate developers and housing finance companies are allowed by the Reserve Bank of India ( RBI) to raise funds up to $1 billion through external commercial borrowings (ECBs) in order to promote low-cost housing projects. RBI said that the funds raised through ECBs should be used either for developing low cost housing projects or [...] Continue Reading »
Over 400 files were missing related to construction projects in the city. Most of these files relate to controversial projects which came to light after some activists and people investigating illegalities sought them under the Right To Information Act. Some months after filing their applications, they received replies saying the files could not be found. [...] Continue Reading »
The year 2012 was a tough year for both real estate developers and home buyers because of the high property prices. The middle class and even the upper middle class found it impossible to invest in properties in India due to soaring property prices. There was a fall in property prices in 10 to 19 [...] Continue Reading »
