Real estate projects in India
The real estate builders and developers must search for alternate source of funding as Private Equity funds are not showing interest in investing into real estate projects in India. The investment volumes as well as the number of investment in real estate projects has been reduced in last one year. As the growth rate and [...] Continue Reading »
The union ministry has planned to set up a group of officials to make the approval process faster for the real estate projects in India. The committee will be headed by the former head of the Competition Commission of India. His main responsibility will be to set up a systematic way through which any developer [...] Continue Reading »
Unity Infraprojects is a Mumbai-based construction firm. The firm is engaged in construction of real estate projects on its land parcels in Nagpur, Bangalore, Pune, Kolkata and Goa. Recently the Unity infraprojects is waiting for approvals for launching its residential project in Bangalore. Now the company is aiming to invest into infrastructure construction projects in [...] Continue Reading »
The execution of projects and sales bookings had improved for the real estate firms in the quarter ended March (Q4) than in the preceding three months. The real estate companies struggled to improve the sales and profit in 2011-12 as the economy slowed. The realty index on BSE has dropped nearly 24% in the past [...] Continue Reading »
It will be mandatory for a real estate mutual fund to invest at least 75 % of the scheme`s net assets in real estate companies and related securities. In that amount a minimum of 35 % was to be invested directly into real estate projects in India. The investment funds also will not be allowed [...] Continue Reading »
The real estate analyst are expecting to see improvement in fresh launches at NCR region which will be a strong catalyst for better sales among NCR based developers. The liquidity management will remains a big challenge for realty players in the Financial Year 2012-13. However with the increment of new launch, the inflow will also [...] Continue Reading »
The Reserve Bank of India reduced the repo rate by 50 bps to 8%. With this decision the loans are likely to get cheaper. After 13 consequent increases since 2010, the RBI has finally reduced the Repo Rate for the first time. According to RBI governor, the liquidity conditions are moving towards normal after several [...] Continue Reading »
It is reported that Sobha developers has launched total projects of 10.45 million square feet and sold 3.28 million square feet of properties against the sales target of 3 million sq ft during the financial year 2011-12. In the financial year the builder also entered three new realty market in NCR, Chennai and Mysore. The [...] Continue Reading »
The Raheja Developers will be investing Rs 300 crore in a group housing project at Haryana. The residential project has been named as ‘Oma‘ inclusive of 640 apartments with 40 storeys and it has been claimed as one of the tallest buildings at Dharuhera. The Raheja Developers Chairman and MD say that this project is [...] Continue Reading »
Mantri developers are going to implement digital living in all their under construction and coming up projects. Mantri has appointed Cisco as its strategic ICT partner for successful implementation of the smart homes. Cisco will provide its Master ICT planning expertise and smart+connected communities solution to all residential projects of Mantri Developers that are currently [...] Continue Reading »
