Real Estate Developers
Different fashion labels, travel operators, real estate developers, infrastructure developers and other companies that had chose to avoid tapping investors for around three years are starting to revive share sale plans in order to benefit from the buoyant equity markets and gain advantage. The companies are expecting an economic upturn and hence they have made [...] Continue Reading »
The launch of new residential projects and absorption of dwelling units that are ready or under construction fell to a two-and-a-half-year low till May. This is the latest month for which data is available. A total number of 22,290 dwelling units were launched between April and May in the seven key Indian real estate markets [...] Continue Reading »
RBI (Reserve Bank of India) has decided to cut the statutory liquidity ratio (SLR). This move was welcomed by the real estate developers and property consultants as this would enable the banks to lend more to the industry, including the cash-starved realty sector. However in order to boost the housing sales, the developers demanded easing [...] Continue Reading »
FDI in real estate as announced by the finance minister Arun Jaitley has already started picking momentum in the real estate market. IL&FS Investment Managers Ltd or ILFS IML, the private equity arm of the local infrastructure financier Infrastructure Leasing & Financial Services Ltd or IL&FS, will raise roughly $1 billion (Rs 6,000 crore). This [...] Continue Reading »
If you are thinking about buying a couple of apartments after selling your dilapidated ancestral home, then be prepared to shell out a hefty sum in capital gains tax. The new Budget has capped tax breaks available to such property buyers. This has been done through a seemingly innocuous tweak in the language of Sections [...] 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 cement producers are forming a syndicate or cartel and keeping the prices high and the Real estate developers are planning to go to the Competition Commission of India (CCI) to complain against this. CCI had imposed a Rs 6,300 crore fine on 11 cement companies in June 2012 for forming a cartel to keep the prices [...] Continue Reading »
Real estate developers and investors have hiked the values of their property in the region between Vijayawada-Guntur-Tenali-Mangalagiri (VGTM), which is likely to be named the new capital of Seemandhra. In the last three months, property values in the VGTM region have increased more than two times; thanks largely to the increasing demand for property in [...] Continue Reading »
Real estate developers have recently started to witness better and brighter days. This is primarily because the buyers are cheerful and enthusiastic after the Modi government has taken office from the 26th of May at the Centre. This has happened after many months of property transactions which were not very conspicuous. Ashok Tyagi, chief financial [...] Continue Reading »
City development plans for about 15 urban areas in the state is about to be prepared by the state government by the month of October this year itself. Real estate developers are really anticipating that this plan would definitely boost growth within the housing sector which would help the real estate market progress significantly. The [...] Continue Reading »
