Real Estate India
New Delhi: Developers like Supertech and Ansal API announce an investment of Rs 8,000 crore on projects in next four years. Companies like DLF, looking forward to cut of the debt rather than increasing the price and sale of housing in the coming year. In next three to four years, realty developer Supertech said that, [...] Continue Reading »
Delhi: Under the budget estimate for 2013-2014, South Delhi Municipal corporation (SDMC) has spared a hike in property tax for their residents. The corporation will focus on the collection of property tax and will not increase the tax rate and no additional tax or surcharge will be applied. The corporation is trying to bring more [...] Continue Reading »
New Delhi- A report by National Housing Bank ( NHB) showed the real estate housing trend in 11 cities which included Bangalore and Kolkata. These cities witnessed a decline of about 5 percent from July-September meanwhile the other 9 cities saw an increase of about 10 percent. The highest price rise of 10.1 percent was witnessed [...] Continue Reading »
Sources say that a multi-crore deal between private equity firm IL&FS Investment Managers and real estate developer Logix Group has been called off. The proposed deal was estimated to be about Rs 600 crore. As per the deal, the Logix Group would have sold four office buildings in Noida to IL&FS Investment and the listed [...] Continue Reading »
The apex body for real estate developers, the Confederation of Real Estate Developers Associations of India (CREDAI) has said that in order to reduce corruption, the proposed realty regulator should try and minimise the human interface in the process of grating the clearance and registration. Once the regulatory bill comes into force, there should only [...] Continue Reading »
The residential property sales have become strong with developers launching new projects at lower rates and offering incentives. According to Liases Foras Real Estate Rating and Research, housing sales in top six cities have witnessed a growth of around 30% year on year in three months. While in Mumbai, the sales volume of the most [...] Continue Reading »
One of the largest pension asset managers, APG Asset Management, Abu Dhabi Investment Authority and the Government of Singapore Investment Corp are to invest in Indian real estate market . APG, which manages about 300 billion euro in assets, now plans to work directly with real estate developers, as it looks to establish a stronger [...] Continue Reading »
After establishing strong hold in high–end residential and commercial space, Sunteck Realty is looking to entering the retail commercial segment. A new mini-mall is coming up in Goregaon in northern suburbs of Mumbai is being put up by the firm. The mall will have a mixed development of high-end luxury residential and commercial and retails [...] Continue Reading »
A three day property exhibition to be held by the Confederation of Real Estate Developers’ Associations of India (CREDAI) at Amanora Town Centre on Kharadi Bypass from October 19. This will be the biggest property exhibition in the city . The three days exhibition will showcase an array of numerous property in and around koregaon Park, Kalyani [...] Continue Reading »
Experts say that the present slowdown in the economy can be turned to a projected growth with a revival in the real estate sector. When India’s economic growth had slowed down to 6.7 per cent in 2008-09 from 9.3 per cent in the previous year, the revival of the real estate sector with a growth in [...] Continue Reading »
