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Real Estate Developers

Overseas funds focus selectively on Indian real estate

Overseas funds focus selectively on Indian real estate
Analysts say that interest of overseas funds in the Indian real estate sector is intact but the approach has changed. The investors have turned their focus on specific project. About $2 billion private equity had come into the real estate sector in the past two years and funds were keen to make investments after considering [...] Continue Reading »

Greater Noida Master plan and Yamuna Expressway bring good news for home buyers

Greater Noida Master plan and Yamuna Expressway bring good news for home buyers
With NCR Planning Board has finally given its approval to the Greater Noida Master Plan and opening of Yamuna Expressway, between Greater Noida and Agra, real estate in on track in the area. With the resumption of construction at Noida Extension, good time seems to have arrived for the home buyers. It is a good [...] Continue Reading »

Developers upbeat about real estate prospect in Noida Extension

Developers upbeat about real estate prospect in Noida Extension
Developers seem to be upbeat about the prospect of real estate industry in Noida Extension. Developers such as Amrapali Group, Assotech Limited and Paramount Group have expressed that the region has immense potentiality as a real estate hub. Noida extension realty sector started with 75 developers offering a range of of 1/2/3 BHK housing for [...] Continue Reading »

Finance ministry assures Credai to reduce cost of funds

Finance ministry assures Credai to reduce cost of funds
D.K. Mittal, Secretary – Ministry of Finance (Banking & Insurance) has assured Confederation of Real Estate Developers’ Association of India (CREDAI)‘s Chairman Pradeep Jain that Union Government will look into reducing the cost of funds for real estate developers. It is a welcome sign from the finance ministry to the real estate developers that the [...] Continue Reading »

GNIDA asks developers to pay due installments

GNIDA asks developers to pay due installments
Greater Noida Industrial Development Authority (GNIDA) has ordered developers to resume construction work in Noida Extension with immediate effect. As all per-conditions to resume construction work in the area have been finally met, the Authority has also asked developers to start paying their due installments for the period between October 21, 2011 and August 2012 [...] Continue Reading »

Developers expect home prices to rise by 25% in Noida Extension

Developers expect home prices to rise by 25% in Noida Extension
Real estate developers expect home prices to rise by at least 25 per cent in Noida Extension.The prediction comes as the government has lend approval to Greater Noida master plan. The leading developers are hopeful that demand would be much higher and there would be an opportunity for both investors as well as end users. [...] Continue Reading »

Chidambaram urges banks to put pressure on developers to lower prices

Chidambaram urges banks to put pressure on developers to lower prices
The Finance Minister has urged the chiefs of government-owned banks to put pressure on real estate developers to lower property prices. This has been done in order to get the economy moving, which has been hit by a slowdown. In a meeting with bank chiefs, Finance Minister, P Chidambaram, asked the bankers to influence builders [...] Continue Reading »

Brigade Group wins two Credai awards

Brigade Group wins two Credai awards
Brigade Group, one of India’s leading real estate developers was awarded with two prestigious awards by Confederation of Real Estate Developers’ Association of India at CREDAI Real Estate awards 2012. They were the only developer to win two awards conferred by the Real Estate industry. The awards were – “Theme based township of the year” [...] Continue Reading »

Property fair to be held in Coimbatore

Property fair to be held in Coimbatore
Confederation of Real Estate Developers’ Associations of India, Coimbatore will organise a three-day property fair at CODDISSIA Trade Fair Complex from August 17. The fair is to feature properties of 30 member developers apart from housing finance companies that will provide home buyers with instant home loan processing options. The organizers state that number of [...] Continue Reading »

City Corporation ties up with Swarovski to design township in Pune

City Corporation ties up with Swarovski to design township in Pune
Real estate developer City Corporation has tied up with international crystal brand Swarovski for designing its 14-acre township in Pune. The project is called Amanora Gateway Towers I, which would be developed at a cost of Rs 10,000 crore. Swarovski will design crystal applications and lighting products for the township’s fixtures and interiors, Gateway Towers [...] Continue Reading »



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