Realty News
According to the property consultant, along with the land price, house prices will also increase if the land acquisition bill is passed by the government. Confederation of Real Estate Developers’ Associations of India (CREDAI) National President Lalit Kumar Jain commented that this will not be a good step towards the economic growth and it will [...] Continue Reading »
Indian real estate is going through a slowdown amid stagnating sales and facing funding issues with foreign investors. Private equity firms focussing on real estate are facing difficulty to raise funds through foreign high net-worth individuals (HNIs) and institutions. According to experts, both international and national PE firms are not able to close funds if [...] Continue Reading »
Anil Ambani lead Reliance Group joins hands with China’s leading real estate developer WANDA GROUP for a multi-million dollar joint venture to develop an integrated township project in Hyderabad. This will be the first time that a Chinese Real Estate company is entering the Indian Real Estate market. The initial projects have been initiated in [...] Continue Reading »
Bangalore based real estate developer Salarpuria Sattva, has launched a premium mixed use project in Hyderabad. The project is situated near Hussain Sagar lake, one of the hot spot in Hyderabad. The total project covers 8.5 acres and about 1.6 million sq ft of residential, commercial and retail spaces. The company wants to develop around [...] Continue Reading »
The Lodha group has launched a five star residential project, Lodha Belmondo which is spread over 108 acres. The project is opposite to the Subrata Roy Sahara Cricket Stadium, near Pune-Mumbai expressway. India’s leading real estate developer is building 1,900 units which comprises of 1/2/3 BHK apartments, 4BHK shy duplexes, golf villas and independent bungalows [...] Continue Reading »
The hi-tech city on 9000 acres by Wave Infratech was halted due to the agitating against land acquisition by the farmers. This project was antagonized for last two years. The Gautam Budh Nagar Administration designed policies in Lucknow, hence senior officials have already taken the final decision and it is also passed by Ghaziabad Development [...] Continue Reading »
If you are planning to buy a residential property next year, you are going to get many attractive mode and scope of payment scheme but there will be cut short of amenities and facilities in the project. Real estate developers understood that because of overpricing, the properties in India are not getting sold out and [...] Continue Reading »
A report by PricewaterhouseCoopers and Urban Land Institute stated that cities like Mumbai, Bangalore and Delhi have seen less desire by international bodies in real estate sector for investment purpose. In 2012, Mumbai, Bangalore and Delhi were in 10th, 15th and 12th rank in the report Emerging Trends in Real Estate Asia Pacific which has [...] Continue Reading »
Delhi- NCR : Finance Ministry has asked Reserve Bank of India (RBI) to relax the provisional norms depending on the infrastructure of the buildings. This will help the banks to lend attractive home loans to the buyers. The rule is that all the banks have to keep aside an amount equal to the one percent [...] Continue Reading »
The regulator for the securities market in India, Security and Exchange Board of India (SEBI), has allowed 12 new units to set up Alternative Investment Funds (AIFs). An AIF is a new set of pooled-in investment vehicles for real estate, private equity and hedge funds, in the last two months of October and November 2012. [...] Continue Reading »
