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DDA Farm House New Policy
POSTED ON: 18-04-2013

New Farm House Policy DDA has great news for the buyers who have always wanted their own country Home or better known as 'Farm House' of their own. But have been shying away from investing in one bec...

Pre Rented Properties
POSTED ON: 05-04-2013

Pre Rented Propertis Pre Rented Properties is a great options for investors looking for monthly returns for their money, it really gives you salary every month and as they say your money becomes yo...

How to Save Property Gain Tax
POSTED ON: 24-03-2013

HOW TO SAVE PROPERTY GAIN TAX This article is written for the home buyers or investors whoa re looking to buy a property in Gurgaon, from the money which they have in thier purse and the main purpose...

Tata Housing Myst Kasauli
POSTED ON: 24-03-2013

Tata Housing Myst Kasauli   Tata Housing is now expanding its reach in North India, a new project has been launched by Tata Housing in the state of Himachal Pradesh, Location could not have bee...

Prime Towers Dlf Okhla Phase I commercial Office Complex
POSTED ON: 24-03-2013

Prime Towers By Dlf  Dlf Okhla Phase I , Office Complex RUSH WITH YOUR BOOKINGS - ONLY LIMITED OPTIONS LEFT. Dlf has relaunched its office space complex in Okhla Phase - I , this is avery good...

New Projects In Gurgaon
POSTED ON: 20-03-2013

If you look at the Topography of Gurgaon, you will find that most of the development has happened on the left side of the Highway, while coming from Delhi. On the right side it is mostly the Old Gurga...

List your property for free
POSTED ON: 19-03-2013

List your property for free, there are not many web sites which are offering this service along with the possibility of selling your property with Professional assistance. Free listing of your proper...

Sale Of FSI Gurgaon and Noida
POSTED ON: 10-03-2013

FSI For Sale In Gurgaon and Noida Many people are aware of this term FSI, for the benefit of those who would not have bothered to look at the computer for find the full form, i would like to elaborat...

Dlf Ultima Gurgaon Sector 81
POSTED ON: 08-03-2013

Dlf Ultima Gurgaon Dlf New Launch Sector 81 Dlf is expected to launch its latest project in Gurgaon Sector 81, part of Dlf Garden city Gurgaon This project is expected to be a high end luxury proje...

Lodha EVOQ at Wadala Mumbai
POSTED ON: 08-03-2013

Lodha EVOQ Wadala Mumbai A brand new destination presented by Lodha Group in Mumbai Wadala area, called 'New Cuff Parade'. MMRDA has given Mumbai one of its finest business hubs called Bandra Kurla ...

Lodha Group Mumbai Project Code Name Blue Moon
POSTED ON: 03-03-2013

Lodha Group Mumbai , one of the biggest names in the Real Estate Sector of Mumbai, has recently announced a New Upcoming Project in Worli - South Mumbai. The average price range in this area for the e...

Dlf Magnolias Gurgaon
POSTED ON: 03-03-2013

Dlf Magnolias Gurgaon. The Name spells 'Luxury' , located in the heart of Gurgaon, on the main sector road or Golf course Road, inside the Dlf Golf Course premises.Most sought after address of Gurgao...

Lodha Codename Blue Moon Project
POSTED ON: 03-03-2013

Lodha Codename Blue moon project opened today on the 18th of January 2013. With a grand opening Lodha codename blue moon received about 1000 applications , probably the biggest opening to a project i...

Dlf New Launch - Sky Court - Sector 86 Gurgaon
POSTED ON: 03-03-2013

Dlf recently launched a New Project , Named 'Sky Court' in Sector 86 of Gurgaon. Very well located in the upcoming sectors of Gurgaon, often called the New gurgaon area. Sky Court complex is well con...

Dlf New Launch Gurgaon
POSTED ON: 03-03-2013

Dlf the biggest name in the real estate business is now focusing on Gurgaon area only. They have sold their Mumbai land to Lodha Group and will not be coming up with a project in Mumbai in the near fu...

Dlf Park Place Gurgaon
POSTED ON: 03-03-2013

Dlf park place is one of the better addresses you will find in Gurgaon in 3 crores range. Located in the Dlf phase V area close to Dlf Golf course , main entry is from the 60 meter wide golf course ro...

Dlf Galleria 91 High street Gurgaon
POSTED ON: 03-03-2013

Investment in High- Street markets is one of the most sensible decision one can make. There are many reasons for saying so. One of the strongest reason is - High demand, these markets are in very hi...

Dlf The Belaire Gurgaon
POSTED ON: 03-03-2013

Apartment Complex build by Dlf Ltd. one of the largest real estate developer of india.  Most strategically located project of Dlf. situated on the crossing of the main sector road or more popu...

Tata Housing Gurgaon Gateway Sector 113
POSTED ON: 03-03-2013

Tata Housing Gurgaon Gateway Sector 113 Gurgaon Excellent News for the New Home buyers who are Product conscience , TATA Housing, one of the most reputed and trusted names in the real estate sector i...

Property Management Service Gurgaon
POSTED ON: 03-03-2013

Property Management Service. Our property management service is devised specially for those property owners who are living at a distance from the properties they own, Settlers india Realty is offerin...

Assured Returns : Furnished Executive Suites
POSTED ON: 04-06-2012

   Ninaniya Group is making its second foray in this sector by launching Prism Portice at Gurgaon as a sequel to Prism Executive Suites at Gurgaon Faridabad Road. The model envisages a 12% A...

Dlf Park place Jalandhar
POSTED ON: 24-01-2012

Dlf has entered into Residential market of Jalandhar Punjab. Park Place apartments are located on the main G.T. Road and are  going to be the most premium address in Jalandhar. Equipped with all ...

Dlf Garden City Lucknow
POSTED ON: 24-01-2012

Dlf has ventured into residential plots market of Lucknow with an integrated town ship of  248 acres, with various plot sizes starting 250 sq yds and going up to 500 sq yds , wide roads environme...

dlf launched plots in kasauli
POSTED ON: 24-01-2012

Dlf has launched plots in kasauli a very quite location in himachal pradesh highlights of the project that the complex is surrounded by pine trees great view from each plot luxury high end project for...

DLF Hyde Park Mullanpur
POSTED ON: 24-01-2012

Dlf has launched new project in new chandigarh area mullanpur very well located in close proximity to PGI hospital of chandigarh railway station and the airport making it one of the most desirable com...

Emaar Mgf has recently launched Gurgaon Greens
POSTED ON: 24-01-2012

Emaar Mgf has recently launched the apartments on Dwarka Gurgaon Expressway in the sector 102 just 500 meters from the main expressway offers luxury apartments - 03 BHK1600 sq ft and 3200 sq ft. 04 BH...

Superficial Superfacial Charges
POSTED ON: 11-05-2011

 The Honourable Punjab and Haryana High Court, has in a first, fined HUDA for infructous External Development Charges (EDC). The court was far from satisfied by the vague affidavits and declarati...

It Pays to Pre-pay !
POSTED ON: 09-05-2011

 SBI has removed the pre-payment penalty clause on home loans. This is expected to accord greater flexibility and saving on rising interest rates as well as on 1 to 2 percent penalty on pre-payme...

GO Green !
POSTED ON: 07-05-2011

 CII - Indian green building council (IGBC) is actively campaigning for Green building techniques and products and aptly chose 22 Apr, the earth day to cast off. The mantra is that although the i...

SARE with CARE
POSTED ON: 07-05-2011

 South Asian Real Estate (SARE) plans an integrated township with Punjab based Impact projects and invest Rs 250 crores. The township will be spread over 104 acres and comprise of low rise towers...

Unitech heads to Mysore to heed South
POSTED ON: 05-05-2011

 Unitech the second largest land owner of the country now heads to Mysore to heed its southern interest. A niche market project of 35 villas each at a cost of 1.07 crores is being developed over ...

Adani on Dwarka Manesar Highway !
POSTED ON: 04-05-2011

 Adani has decided to do it in tandem and has chosen Delhi based M2K to tango. The duo have signed a JV to develop two diiferent pieces of land totalling 41 acres on Dwarka Manesar highway in the...

Join the Bandwagon !
POSTED ON: 19-04-2011

 It is an acknowledged fact of life that Realty business has grown and of late is a firmly entrenched lucrative option. Given the backdrop of recent years it is thus but inevitable that FMS or Fa...

Black & White
POSTED ON: 19-04-2011

In a quest to dig out and discourage black money in realty deals, the income tax department has decided to probe into all recent and forthcoming deals in NCR. It is an open secret that a hefty cash el...

No more sweeping under the carpet !
POSTED ON: 18-04-2011

 End Users have been given a relief mechanism by CREDAI ( Confederation of Real Estate Developer's Association) . In a draft code of conduct to by signed by all members it has been made mandatory...

Real Estate Funds
POSTED ON: 04-12-2010

 Two Real Estate funds are planned for launch early next year from house of Piramal, they are going to be worth Rs 1350 crores. The first being a debt fund and the other a rental yield fund. The ...

Mumbai & Delhi on a Realty see-saw
POSTED ON: 03-12-2010

 Research shows a fall of 35 percent  in apartment sales in Mumbai since the beginning of the year and that of 45 percent since June. In sharp contrast, it has been a rise of almost 90 perce...

DDA decides to maintain...
POSTED ON: 02-12-2010

DDA (Delhi Development Authority) has exceeded itself and has decided to break free of self imposed shackles and of about thirty years of habit. In a first this time and henceforth it will maintain th...

No Preclosure Penalties
POSTED ON: 02-12-2010

In a path breaking and welcome step for investors and end users, National Housing Bank (NHB) has advised all Housing Finance Companies (HFCs) to do away with Preclosure Penalties. Further any prepayme...

Delhi knocks at top ten
POSTED ON: 30-11-2010

Delhi boasts of being the eleventh highest in the office rental space of contemporary world. A phenominal 8%  rise last year has put the tab on a modest 1000 sft space at almost 45 lakhs per annu...

Affordable housing is to STAY
POSTED ON: 29-10-2010

 MHADA (Maharashtra Housing & Area Development Authority) has ordered a crackdown on all cases of 'affordable' flats having been resold within five years of allotment. The spirit behind this ...

Metro for Real !
POSTED ON: 27-10-2010

 Metro service has brought yet another prime area into its connectivity regimen. With the inaugration of South Delhi sector which is further slated to expand to Badarpur and Faridabad, the real e...

Team Up for REAL
POSTED ON: 03-09-2010

 Traditionally Real Estate development industry has seen cut throat competition and drumming each other down. But off late the value of collabration has dawned upon the players. Especially in Gur...

Dharuhera - the affordable option !
POSTED ON: 01-09-2010

Dharuhera is being viewed as the upcoming affordable satellite option in NCR. Gurgaon is reaching a saturation point in terms of residential, commercial and especially infrastructure. Given the distan...

Delhi looks FAR ahead !
POSTED ON: 27-08-2010

Never mind the CWG imbroglio, in the long term Delhi is poised for a leap forward in Realty. Changes in FAR (Floor Area Ratio) for the master plan 2021 are poised to herald just that. With the increas...

A home to fly to !
POSTED ON: 20-08-2010

 In an initiative hitherto unique to Indian Realty, Alhind builders are making a 40 storey tower in Kerala complete with two helipads to beat the traffic woes. The value addition does not come at...

Something REAL about CWG
POSTED ON: 11-08-2010

CWG may be an imbroglio about the stadia, equipment and myriad hues of corruption, but it cannot be faulted for REALTY. An impressive complex flanked by even more so impressive Akshardam temple on the...

CREDAI objects to Realty bill
POSTED ON: 06-08-2010

 CREDAI has sounded Ministry of Housing that the Realty bill in its present form cannot pass muster. Strangely, it suffers from laxity, a stringent regulation has been mooted. A single window cle...

Revival in US home sales
POSTED ON: 04-08-2010

The month of June has seen single family homes in US rebounding to a record. Such has been the volumes that the availability of homes in the market has dropped to a 42 year low. However, after what tr...

Sell More Pay Less
POSTED ON: 01-08-2010

Selling a house now maybe more beneficial than it was last year even at the same evaluation. The reason being a discounted rate of Capital Gains Tax this year. The Cost Inflation Index has been revise...

In deference of defence
POSTED ON: 22-07-2010

Haryana government has risen up in deference of defence personnel, both retired and serving. Accordingly the stamp duty for registration of plots, apartments or units stands slashed by 1%. As against ...

Hands Off My Property
POSTED ON: 20-07-2010

JAFRA ( Joint Action Forum for RWAs) and for good measure 150 of them are up in arms with MCG (Municipal Corporation of Gurgaon). In a sinister move, MCG decided to hitherto exempt section of self occ...

Now Godrej locks, on NCR
POSTED ON: 19-07-2010

 Godrej Properties is all set to lock on Delhi NCR. Its debut is a typically high end 170 crore residential project to develop 1.05 million sq feet over 9 acres at Sector 80 Gurgaon. Frontier Hom...

Labour Pains
POSTED ON: 17-07-2010

As if the host of issues that plague the CWG were not enough, the construction of 8000 odd flats seem to be plagued by labour problems. Only 2500 odd are ready and the rest languish as the labour is h...

RAY of hope ?
POSTED ON: 16-07-2010

 RAY ( Rajiv Awas Yojna) was conceived and announced with the accompanied chest beating to make India slum free. A tidy sum of Rs 1279 crores was promptly sanctioned for housing of urban power. T...

Its raining Funds
POSTED ON: 13-07-2010

 The onset of monsoon may have cooled off the rising temperatures but has sure heated up the fund market. Coinciding with its arrival is a modest global recovery. With fears of double dip recedin...

REAL-ly there is a need to be cLEAR !
POSTED ON: 11-07-2010

 Builders of Western region have been lamenting about clarity on a definitive government policy on Real Estate. Frequent chop and change adversely effect the completion and thus the logical culmi...

Service Tax Announced
POSTED ON: 08-07-2010

 As from 01 July, property prices will be steeper by about 2.58%, this is unless the entire amount is paid after the construction is completed. Construction linked payment plans being the norms o...

Lucky 13 !
POSTED ON: 06-07-2010

 In the price rise in residential sector India occupies the 13th ranking amongst 47 countries surveyed with China at poll position. The price rise in developing nations can be attributed to low i...

Airport norms revised
POSTED ON: 17-06-2010

 Government of India has decided for a greenfield airport option with a difference. Earlier exercising these meant the death knell for existing ones as in case of Bangalore and Hyderabad. However...

Home loans to be dearer
POSTED ON: 15-06-2010

 Home loan rates are likely to see an upward revision from the beginning of the next month. RBI has ruled that loan rates cannot be that below the base rates and with the latter seeing a hike the...

Affordable REAL-ly?
POSTED ON: 09-06-2010

 Realty major Anantraj Industries is planning to come out with an 'affordable' housing project at Manesar in coming six weeks. An area of 1.1 million square feet is proposed to be developed. The ...

US home sales on a recurve
POSTED ON: 08-06-2010

 US home sales which started it all once upon a time are on a six months high albeit with a rider. The popular tax credit for home buyers is no more on offer as a result the home loan segment has...

Can you beat it ?!
POSTED ON: 07-06-2010

 Royal Palms, a Mumbai based developers has launched a cinch of a scheme for investors. What is on offer, is an assured rental return of 18% for two years for all those who lease back the unit ba...

Omaxe - Allahabad Wale !
POSTED ON: 07-06-2010

Omaxe is all set to launch an affordable homes project in Allahabad. The 20 acre project offers 920 flats  between approx 10 and 20 lakhs. It is estimated that this will realise a revenue of appr...

Registration fees to be downsized at Hyderabad
POSTED ON: 06-06-2010

 Property aspirants can thank the Central Government for effecting a downsizing in Hyderabad property registration rates. Grapevine has it that about 1000 crores were to be released under the aeg...

Nano No Nano on Land Prices
POSTED ON: 04-06-2010

 Nandigram's loss over Nano is Sanand's gain. Located 40 km from Ahmedabad airport yet desolate, forlorn and serviced by but a dusty road till last year, cometh the hour cometh the mankind. After...

5 lakh affordable homes in MMR
POSTED ON: 03-06-2010

 In order to pave the way for more affordable housing in Mumbai Metropolitan Region a new panel has been set up by means of a government resolution. This is to take the MoU signed between MCHI an...

Reliance to roll out Delhi-Agra Highway
POSTED ON: 02-06-2010

 Reliance (ADAG) has managed to land up with the premium highway connecting Delhi with Agra. It has bagged the project from NHAI for six laning the segment. The project is on a DBFOT basis - desi...

Haryana government bites into your slice of the pie
POSTED ON: 01-06-2010

Should you be owner of a house in Gurgaon you may as well brace up for coughing up more than the share of Property Tax than you are used to. Hitherto, only the owners of rented premises were required ...

Service Tax looms large
POSTED ON: 31-05-2010

 The Union Budget had unsheathed yet another double edges sword which the Ministry now wants to flash in earnest. A service tax of 2.5% had been proposed for all properties in future including th...

Circle Rates on a tangent ?
POSTED ON: 30-05-2010

Delhi administration has taken exception to the lowly circle rates prevailing. As a sequel to the hike in registration fee it is now being mooted that absolutely minimal prevailing circle rates will s...

DLF on a fund raising spree
POSTED ON: 29-05-2010

 DLF has launched megaplans on fundraising ad is aiming at a lofty 2700 crores by means of asset sales in the forthcoming year and a half. It expects it Tamil Nadu land at TIDCO to garner 900 cro...

Landcrafts launches River Heights Status
POSTED ON: 24-05-2010

To follow up on River Heights a  residential project in Raj Nagar Extn Ghaziabad on NH 58 in NCR, Landcrafts has launched a sequel adjacent to the earlier one - River Heights Status. The developm...

Upwardly Mobile
POSTED ON: 17-05-2010

The height restriction in Gurgaon and NCR has got deregulated and 150 to 180 metre residential towers are likey to become common place. As a firs Ireo has already announced a 51 floors tower, the...

Air Force & Navy handshake for Omaxe
POSTED ON: 13-05-2010

In a first of the first, Omaxe constructions has bagged a 57 crores construction contact with Air Force Navl Housing Board (AFNHB). The project is at Meerut. The contract involves 10 acre residential ...

Hike of 10-15 percent on the anvil
POSTED ON: 11-05-2010

Demand of Real Estate is outstrippin supply. In the NCR there is a requirement of 5 lakh housing units and there is an ever increasing demand for 1 lakh units per year. Given the supply demand gap, av...

IT pushes SEZ space
POSTED ON: 08-05-2010

IT is slated to grow over four times in the coming decade. To nurture the growth state level talks have been initiated by NASSCOM ( National Association of Software and Services Companies) to meet the...

Luxury Lined Up for Take Off
POSTED ON: 05-05-2010

Picture this Ansals plans to launch high end villas at Lucknow later this year priced at a whopping 5-10 crores. Skyline plans to launch custom made 6 designer apartments at Bangalore at a whoppi...

Reduced Hike in Housing Prices
POSTED ON: 03-05-2010

The ongoing crusade by the real estate developers seems to have borne fruit. In a last minute change of heart, FM Mr Pranab Mukherjee anounced the rate of abatement to 75% instead of 67 proposed earli...

Fitch finds India's four to the fore !
POSTED ON: 30-04-2010

India's premium four Real Estate companies found their ratings with Fitch on a ski-jump. Unitech, Omaxe, Parsvnath & Ansals find themselves at RWP (Rating Watch Positve) It has been noted that Ind...

India - Realty Rising !
POSTED ON: 28-04-2010

2008-09 was the fall year for real estate worldwide which brought about a recession in even the economic powers of the planet. However 2010 has been welcomed as a turnaround year especially in India. ...

Stability in Office Rents
POSTED ON: 27-04-2010

According to a major Real Estate Consultancy theoffice space rentals in near term are likely to stabilise through 2010. Rentals are not expected to move up as the supply can be absorbed by turnaround ...

NRIs in for harder norms
POSTED ON: 25-04-2010

The government is planning to rationalise the norms hitherto loaded in favour of NRIs to make it a level playin field and introduce regulation. The idea being making it extremely difficult to venture ...

Near Term stability in Inteest Rates
POSTED ON: 24-04-2010

Home loan availers can continue to enjoy status quo in interest rates at least in the near term. Although RBI policy has ample indications of an upward revision but the bankers are able to hold on. In...

Across the Borders....
POSTED ON: 22-04-2010

A lot many big ticket developers like Purvankara, Unitech and Ansals to name a few have put their telescopes on and are looking at distant Brazil, Mexico and China for low cost housing solutions. The ...

High End is far from The End
POSTED ON: 21-04-2010

This year has seen 7000 units worth more than Rs 4.7 crores each getting sold at Mumbai. NCR too is not exactly lagging behind and is busy meeting the boom for bust. The Developers could not have it a...

Aamchi Mumbai !
POSTED ON: 19-04-2010

Mumbai shows the way to recovery in residential segment after a steep fall. The bubble of mid 2008 burst precipitating an erosion of 18 to 20 percent in 2009. This gave way to a stable regime as witne...

Indian Realty not ready for IFRS
POSTED ON: 18-04-2010

International Financial Reporting Standards (IFRS) are proving to be too hot to handle for Indian real estate firms brought up on much more relaxed norms of revenue accounting. The prevalant practice ...

Assured Returns for Commercial Properties
POSTED ON: 14-04-2010

The turnaround has seen a steady growth in residential sector rental/sales. However, it has not been a happening story for Commercial properties. To tide over Developers have offered assured returns f...

Borrowers cheer to equanimity in rates
POSTED ON: 13-04-2010

Floating rate borrowers have always found themselves getting short shrifted by changing home loan rates. An increase is always passed on to them but a reduction remains ellusive. However, RBI in the c...

Its the right time !
POSTED ON: 12-04-2010

Owning a property is what you have dreamt of and got waylaid by the economy slump? Well, times have shown a turnaround. Delhi NCR and Bangalore have shown a surge in middle income bookings. Mumbai was...

More in Less !
POSTED ON: 11-04-2010

 Haryana government is all set to redefine its population density norms and revise the number of people per acre to 400 from existing 250 in case of high rise buildings. This will result in 80 ap...

Delhi prefers 'Independence'
POSTED ON: 09-04-2010

While multistoreyed flats maybe dotting the horizons of Delhi and NCR, but a survey reveals that almost three quarters of resident population have a independent space of their own. While lavish bungal...

Pune favoured by investors
POSTED ON: 07-04-2010

Investor demand at Pune appears to be higher than rest of the country. While Mumbai, Hyderabad and Bangalore sees a sizeable end-user traffice, it is the investor interest in Pune which props it up as...

Retail Rentals in tandem with Realty
POSTED ON: 06-04-2010

The Retail Rentals await a surge in Realty to look up themselves. Although prices appear to be firming up but the re-negotiation of rentals has not really taken off as yet.The revenue sharing model is...

Bhadralok Bullish for Real
POSTED ON: 04-04-2010

Kolkotta has throttled back to 'mach' ,'rosogulla' and 'sondesh' for almost an year and been taking it easy on hard issues like realty for over an year. But if the recent property fair is any indicati...

Spikes Yes, Hikes No
POSTED ON: 02-04-2010

Taxation incentives, FDI policies for Realty and spikes likewise are welcome. The same cannot be said for fiscal dampeners of the kind RBI seems to be intent in doling out in shape of hikes in loan ra...

CREDAI to move court over tax on land cost
POSTED ON: 01-04-2010

CREDAI is exploring the legal recourse to get the proposed clasue of tax on land cost for projects under construction is not removed. Realty developers are already reeling under a slew of taxes under ...

Commercial to get Dearer
POSTED ON: 31-03-2010

Commercial properties are all set to get dearer what with cement,construction material and hike in excise duty one in rentals is bound to follow. It may be good news from some and not so good for othe...

Realty Prices poised for 15% jump
POSTED ON: 29-03-2010

Year 2010 may see the prime property rise by almost 15 % in year 2010 according to a survey conducted by Knight Frank and Citi Bank. Almost three quarters of survey respondents believe that 2010 is th...

Ahmedabad to the fore
POSTED ON: 26-03-2010

Last fortnight has seen a frenzy of activity in Real Estate at Ahmedabad. A tidy sum of Rs 900 Crore stands commited , the sentiment is rocketing and its boom time. After a hiatus the investors seem t...

Chequered Flag for NRIs
POSTED ON: 25-03-2010

Its all get, set and vroom for NRIs post budget. If a conservative 87.9 percent was the call of last year on equity, those who betted on the bucking horse of realty stocks pocketed a hefty 139 percent...

Education is the key !
POSTED ON: 23-03-2010

With the Foreign Educational Institutions Bill set for clearance by March the beneficial fall out on Realty sector is apparent and aniticipated. These could be big ticket demand drivers with education...

'Common Wealth' - city of choice
POSTED ON: 21-03-2010

Liveability Index 2010 suggests that when it comes to city of choice, national capital Delhi is tops. It pips Mumbai, Chennai, Bengaluru, Kolkotta, Hyderabad, Ahmedabad, Pune and Gurgaon to the post. ...

SBI stands tall on home loans
POSTED ON: 20-03-2010

In the current fiscal SBI occupies not just the pole position on the podium as far as disbursement of home loans is concerned but possibly the entire victory stand. Of the total of Rs 45000 crores let...

Gurgaon and Mumbai are top draw !
POSTED ON: 18-03-2010

Gurgaon and Mumbai are the success stories of turnaround brigade. Spurred by increase in employment opportunities both are on the pole position of commercial space mainly due to a shot in the arm of r...

Land @ 42 crores per acre
POSTED ON: 17-03-2010

In what would appear to be as the mother of all turnaround deals a GTC plot has been bought at a whopping 591 crores. The area of land in question is a little over 14 acres. The big tiicket deal is po...

Makeover to Makeshift DDA
POSTED ON: 16-03-2010

Tired of complaining about that almost makeshift DDA shanty, there is hope yet. Get ready for a makeover at the aegis of non other than Lieutenant Governor Mr Tejinder Khanna also DDA chairman. The st...

In realty affordable may be unaffordable
POSTED ON: 15-03-2010

Property rates are driven upwards by inflation and rising costs of material, this has resulted in a 10 to 35 percent hike in the cost of materials. While about 300,000 affordable homes had been launch...

Budget Positives for Real
POSTED ON: 13-03-2010

Increased Allocation for infrastructure to the tune of 1.73 lakh crores and within that  road development of the order of 20000 crores. Revision in Personal Income Tax rates would increase rep...

Roll Back to stop Back Roll !
POSTED ON: 12-03-2010

 CREDAI ( Confideration of Real Estate Developers Association of India) is up in arms over the proposed Service Tax on Realty constructions. In fact it just stops short of calling the Budget 'Ste...

Prepay without having to Repay
POSTED ON: 10-03-2010

 Competition Commission of India has taken exception to the practice of borrowers being penalised for foreclosing their loans. Some banks charge a hefty 3 to 4 percent on remaining credit in such...

Go for it !
POSTED ON: 10-03-2010

 If buying a house figures anywhere in your 'to do' list then don't keep waiting. Come July, there is likely to be a double whammy - firstly the service tax of 3.3 % is likely to be effected and ...

Budget Surplus is for Real
POSTED ON: 09-03-2010

The personal taxation regime has been given a bonanza by the FM. Depending upon the earnings bracket there is a dole of an extra 20,000 to 50,000 sandwiched within the budgetary proposals. The extra d...

IT may flock SEZS for sops
POSTED ON: 08-03-2010

STPI - Software Technology Parks of India stands curtailed. SEZs may become favourite of IT firms as an alternative for tax sops.Whereas, STPI is not going to be continued beyond March 2011, SEZ tax r...

Teaser Rates shown the door
POSTED ON: 07-03-2010

Although the banking regulator has not raised key policy rates but banks have decided to call off the teaser fixed cum floating home loan rates. Special home loan schemes from ICICI, HDFC and Kotak Ma...

Number crunching with Service Tax
POSTED ON: 06-03-2010

Service Tax has opened up a debate of the order of a can of worms. The views are diverse and at times two strikingly different sides of the same coin. Developers feel that Service Tax could hike up ra...

Turnaround for Real - DLF Capital Greens III
POSTED ON: 05-03-2010

 Last year DLF had launched and sold Capital Greens I and II respectively at Rs 5500 and Rs 7000 per sq feet respectively. In one sweeping endorsement of the turnaround in the making DLF Capital ...

One home for One family
POSTED ON: 28-02-2010

The developers may have got it right afterall instead of 'bubblegum bursts' and downright 'Dubai speculation' the process is getting rationalized with deeper feasibility studies replacing mindless exp...

Budget sends Realty into Orbit
POSTED ON: 27-02-2010

Budget sops brought a windfall for Realty stocks. Even while the opposition was at the door for petro hike, the bonanza for Realty was well and trully in place. The major stocks zoomed up by as much a...

FDI bullish on Indian Reality
POSTED ON: 26-02-2010

The FDI norms were liberalised by the government in 2005 with a slew of measures. 100 percent FDI is allowed through automatic route in construction development and allied. Undaunted by a global meltd...

India Really Shining - US following
POSTED ON: 24-02-2010

 Close on the heels of Indian recovery, US the mother of subprime mortgage crisis has also started rebounding. The levels reached their highest in the past six months in January. Compared to Janu...

Great Expectations for Real
POSTED ON: 23-02-2010

 Budget is always seen as a time for revamping the beleagured and flagging industries. Realty too has a wish list from the annual exercise and waits expectantly. Some of the salient ones would be...

Job confidence fuels demand boosts recovery
POSTED ON: 22-02-2010

 The interested rates may be poised for a rise but the prices may still remain firm or grow because of renewed demands for housing sector. The guiding hand comes from the increased opportunity an...

Powered Up !
POSTED ON: 22-02-2010

Maharashtra Government has embarked upon a unique way to solve the power crisis. It has been declared that there would be a 0.5 incentive on FSI (floor space index) for all the projects more than 100 ...

Mumbai takes Pole position
POSTED ON: 20-02-2010

Is Delhi NCR real estate recovery just a hype ? For a deep study of property index has some revealing statistics to its credit. Property prices escalation saw Mumbai head and shoulders above every oth...

Teaser Rates and Bottom Lines
POSTED ON: 16-02-2010

Bankers have taken the easy way out of teaser rates debate. The issue has been settled in favour of bottom lines. RBI's suggestion has been found to be impracticable because they might then get affect...

Don't Please to Tease - RBI
POSTED ON: 12-02-2010

Twice in the last 30 days RBI has made its concerns clear about the teaser rates being offered by some of the banks including major ones. Plainspeak would define these as rates which are initially low...

Small makes it Big
POSTED ON: 11-02-2010

Small offices has always been a loosely organized sector on which nobody has bothered to collate any data. However, indications are that things are on the mend. Such is the growing demand that it has ...

SEZs to remain special
POSTED ON: 11-02-2010

Allaying fears about changed tax regimen government is all set to clarify that SEZs will continue to enjoy the same benefits even after the direct tax code is implemented. This is a follow up of the u...

Prices to surge by one-fifth
POSTED ON: 09-02-2010

A hike of 15 to 20 percent in Average Price Realisation seems to be in the offing for Large developers. Lodha group and Parsvanath both engaged in projects from 3000 to 70000 per sq ft in Residential ...

Indians Quarter-ing in Dubai
POSTED ON: 08-02-2010

Studies have revealed the major chunk of property investments at Dubai are on account of Indians, almost a quarter of a sales have an Indian in the loop. This puts UK investors on a distant secon...

L&T Order Book
POSTED ON: 07-02-2010

L&T has its order book full and running. Lately orders worth 1100 crores have come its way. The salient one being 'The Address' residential towers at Ghatopkar accounting for almost half the amoun...

Luxury Senior Citizens Homes to become Reality
POSTED ON: 06-02-2010

Developers are planning to cash on the concept of Continuing Care Retirement Community. Modelled on lines of more progressive societies of Developed Nations they would have around 300 units only for m...

Growth in IT is growth in Realty
POSTED ON: 05-02-2010

IT is back with plans for augmented hiring, expansion and growth. TCS for instance has shifted gears not only on existing facilities at Ahmedabad, Chennai & Mumbai but is looking at newer ones at ...

Realty-Culture next only to Agri-Culture !
POSTED ON: 04-02-2010

The Real Estate sector, as an engine of the nation’s growth, can be gauged from the fact that it is the second largest employer next only to agriculture and its size is close to US $ 12 billion ...

DB Realty Oversubscribed
POSTED ON: 03-02-2010

IPO of DB Realty, a Mumbai based developer. received a very good response by the market, It has in fact got oversubscribed more than twice over just on the second day of the offer. Further close to 45...

A+ for DLF
POSTED ON: 02-02-2010

Mr KP Singh, Chairman of DLF earned a feather in his cap when he was awarded with Padma Bhushan for his contribution to Realty. But the bang in the buck came from Crisil rating DLF a cool A+ and revis...

DHFL zooms
POSTED ON: 01-02-2010

DHFL ( Dewan Housing Finance Limited) came out with a nouveau product this quarter. A 25 year home loan scheme to finance the needs of Lower and Middle Income (LMI) groups. The results speak for thems...

Widening Prospects through highway route
POSTED ON: 31-01-2010

NHAI has taken up widening of 17 highways countrywide. Though belated the initiative augurs well for all sectors in the swath especially realty in both commercial, industrial and residential. The die ...

Stability in Reality : Fitch
POSTED ON: 30-01-2010

Fitch ratings forecast a stable outlook in Realty for year 2010. The analysis is based upon following anticipations : Firstly, governmental support as is increasingly becoming visible in Afforda...

Dubious Dubai
POSTED ON: 29-01-2010

Dubai economy had a face off with meltdown primarily triggered by Realty crisis. The genesis being that the sector was handled like a trading sector piggy back on foreigners indiscriminate speculation...

CIDCO going from strength to strength
POSTED ON: 29-01-2010

CIDCO's affordable housing project has been a resounding success. So much so that they have launched yet another one with grandiose and anticipation. This time they go public with an offering of 1344 ...

Twins on Show !
POSTED ON: 27-01-2010

An exhibition of lifestyle and affordable housing is simultaneously taking place at Ghatopkar and Kandivili . Organised under the aegis of MCHI (Mahrashtra Chambers of Housing Industry) the focus woul...

Low Cost Housing - The Catalyst
POSTED ON: 27-01-2010

If one were to look at the demand supply gap in low cost affordable housing segment in India, one would be face to face with a crater the size of moon. We are way behing and with the rapid urbanizatio...

From fat to the fire !
POSTED ON: 25-01-2010

Mumbai builders had sunk in huge amount of money to buy into what they felf was premium land, much to their chagrin the whole thing got messed up in an environmental tangle as the land got classified ...

Sterngthening Residential Sector
POSTED ON: 25-01-2010

  Residential sector has seen a 100 percent increase in new launches from 2008. Almost two thirds has been the contribution of New Delhi and Mumbai. Being at a discount of almost 25 to 30 percen...

Grow on Realty shoulders
POSTED ON: 25-01-2010

The last 10 years have been the highway to growth. There have been developments and in every field and a close to 9 percent growth rate. The rising income levels of the middle class and increased purc...

Prices speak for themselves
POSTED ON: 23-01-2010

Apartment prices at Planet Godrej, a residential property scheme at Mahalaxmi Mumbai were down to 17K last year, they are pushing 30K now just short of 32K in 2007-08 the peak period. Jaypee Group ...

HIGH WAY !
POSTED ON: 23-01-2010

This year there could be as many as four highway projects totalling a cool 1000 km on the anvil. What is hidden behing the miles are the acres & hectares of virgin land waiting to be developed. Th...

HDIL for slum redevelopment
POSTED ON: 22-01-2010

Housing Development and Infrastructure Limited has decided to get into slum rehabilitation in South Mumbai in the coming six months. It has been announced by the company spokesman that this will remai...

An abode in Gods backyard
POSTED ON: 21-01-2010

The latest Realty trend is offerings of luxurious, eco friendly, plush, fully furnished studio apartments of manageable size in religious places. They come packaged with 85 percent landscaping, yoga, ...

SEZ special for SSIs
POSTED ON: 20-01-2010

Special Economic Zones will be required to earmark space for Small Scale Industrial Units within them. With this instruction meant for government and private SEZs alike, the Developers will have to sh...

Ernst & Young report realty revival earnestly
POSTED ON: 19-01-2010

Ernst & Young seem to have authenticated the revival of realty though the pace is a bit of a crawl in their esteemed opinion. As per them end-users are the one heralding the revival, also the deve...

8 Residential Hotspots for 2010
POSTED ON: 18-01-2010

Global downturn is passe as far as residential markets are concerned. Most have stabilised, many have even shown a recovery. Economic factors shall definitely adjudicate but the vision of developers e...

Water to Water down Mumbai shortage
POSTED ON: 16-01-2010

Mumbaikars can breathe a sigh of relief. Recently Municipal Corporation had announced a weekly  shutdown of water supply on an experimental basis for the three city zones. However an additional a...

Slumdog Millionare
POSTED ON: 16-01-2010

Unitech is hopeful of tripling its sales by redeveloping Mumbai slums into luxury segment. Approximately 100 acres of land near Santacruz the city airport is under the dozer as the plastic, brick, a...

'If you don't get bread,eat cakes!'
POSTED ON: 15-01-2010

Innovation has always been the key to worm out of many a testing situations. Developers too have put on their thinking caps and come out with some innovative thinking. Believe it or not , DLF has mana...

Infrastructure to drive Realty Propulsion
POSTED ON: 14-01-2010

According to CREDAI, Confederation for Real Estate Developers Association of India, 2010 could herald a unique phase of Realty propulsion. The heart of the matter is the frenetic pace and expanse of I...

Uniform taxation on Rental Incomes
POSTED ON: 13-01-2010

The Real Estate companies  feel that Government can provide a fillip to Realty Sector by having a relook at taxation on rental income. It is felt that the rate of taxation should be lower and sam...

Loan Wars
POSTED ON: 09-12-2009

If SBI had started it HDFC joined it and now ICICI and Kotak just prolonged it. Miffed by SBI easy loan offer at 8% for first two years and similar for next three HDFC first criticised it as not viabl...

Grounded Realty
POSTED ON: 07-12-2009

The affordable housing segment had been launched with lot of fanfare in May 2009 and saw some Developers flaunting 'Sold Out' signs at the launch. However, with too many rushing into the bandwagon wit...

Chugging Along
POSTED ON: 06-12-2009

The Metro has given a fillip to Realty rates in the sectors it services. It has also been instrumental in flattening the differential curves between prime locales and suburbs in many cases. The effect...

Delhi is the Realty Capital too !
POSTED ON: 18-11-2009

Delhi enjoys the undisputed most favoured destination amongst the property developers. The market is mature, stable and not given to undue fluctuations. There is more than a good reason for that too. ...

Quantum Jump Next Quarter
POSTED ON: 17-11-2009

The next quarter should lend a northward outlook of around 20% to the real estates. The experts opine that a plethora of factors to be could influence this. Largely it would be on account of hike in l...

Commercial space in demand again
POSTED ON: 23-10-2009

After two consecutinve years of slump in commercial space requirement things appear to be on the mend albeit at relatively lower rates. Samsung has leased 1.7 lakh square feet of top office space at G...

Housing to lead recovery
POSTED ON: 12-10-2009

FICCI opines a graded recovery of Real Estate market over the next year. However talk about housing and especially the affordable variety and the revival is just round the corner, in fact end of 2009 ...

HDFC Top 100 Fund picks IT, auto; sells banking, engg.
POSTED ON: 10-10-2009

HDFC Top 100 Fund has increased its exposure to IT, auto, consumer non-durable, tobacco, metal, oil & gas, pharma and media space. However, it decreased its weightage to banking, engineering, ceme...

Full Speed Ahead on Highways
POSTED ON: 07-10-2009

The National Highway Development Programme has identified land acquisition as a major stumbling block in its road to progress. Therefore Mr Kamalnath Minister of Surface Transport has hit op...

Housing is Happening
POSTED ON: 06-10-2009

According to a C&W report in the coming five years the demand for housing in India is set to rocket to 75 lakhs unit. The commercial space on the other hand may see an escalation in demand of 195 ...

Its REAL !
POSTED ON: 05-10-2009

Government has finally formalised the measure to give impetus to affordable housing. In a much awaited decision, starting 01 Oct 09 and till 30 Sep 10, all houses costing less than 20 lakhs ...

Wine, Dine and in Realty Shine at city of Shrine
POSTED ON: 04-10-2009

Picture this night temperatures of 12 to 15 the year round except for brief winter chills. A healthy green lung at just 200 km away from Mumbai, Pune and Surat alike. High speed road connectivity with...

Going Going....Gone !
POSTED ON: 23-09-2009

DLF have taken a leaf out of Ussain Bolts book by taking just under two hours to achieve almost what they did over two days this April - a sale of 1250 apartments, that too at a hefty price rise....

Developers make hay as sun reshines !
POSTED ON: 20-09-2009

Picture this noveau tune from DLF 'Come September'. It has been decided to fix the rate of Capital Greens II based on a poll amongst the brokers. But the grapevine has it that according to a conservat...

Housing Loans reduce interest to attract interest
POSTED ON: 19-09-2009

Banks are trying to flock potential reality investors by continuing to lower the rate of interest on housing loans. The latest offerings are as follows:- Bank of India, Star HOme Loan, 8.5% fo...

One Third Way Up !
POSTED ON: 16-09-2009

Six months and DLF is leading the way by hiking their sequel to Capital Greens residential apartment scheme almost by one-third. Just this April the phase one was launched in a modest way at a modest ...

DLF ON LAND-BUYING SPREE, EARMARKS 15% OF REVENUE
POSTED ON: 12-09-2009

INDIA'S largest real estate developer DLF intends to spend 15 % of its revenue on an ongoing basis to purchase additional land. DLF has carved out a land replenishment fund, wherein 15% of the sale va...

IN reality : INvestors are INterested
POSTED ON: 09-09-2009

Reality Industry is seeing a turnaround on the renewed investor interest. With signs of bottoming out, softening of interest rates and launch of affordable housing as a segment, investors are flocking...

Affordable is Reality !
POSTED ON: 02-09-2009

Affordable housing needs to be sustained and subsidized, both seem to be two sides of the same coin, feel private developers. The land availability especially at affordable rates has to be created ...

Residential Spaces scaling upwards
POSTED ON: 27-08-2009

With the recession receding and more job security, low cost initiatives and favourable interest rates, the residential sector is looking up once again. The end user and salaried class is also back as ...

White is Right
POSTED ON: 25-08-2009

Yet another story of the speculative rout,....black is out ! In yesteryears reality was dominated by the unaccountable money of dubious speculators. Today the changed government policies on basing and...

Brokers throng Developers at NCR
POSTED ON: 24-08-2009

Brokers are back to get bang for their buck at NCR, property prices which had been discounted by as much as 25 percent and Brokers failing to market the pre-launch grabs till possibly the first quarte...

Featured - Budget Homes !
POSTED ON: 21-08-2009

There are some distinct features which seperate Low Cost Houses from the rest. Firstly, there is a smaller, further approach to floor area and siting respectively. Typically they are 700-1000 ...

Cementing Expansion
POSTED ON: 20-08-2009

While the contemporary sectors may have looked at cutting the foot to fit the size, Cement Industry is growing by leaps and bounds and in fact has doubled its investment this year as compared to last....

Mutual Bull Run....
POSTED ON: 19-08-2009

Mutual Fund houses are the latest to join the bandwagon of Bulls chasing Reality ! The investment is close to 1500 crores and counting till July. This is more than eight times over thatn the funds par...

Premium back at Premiums
POSTED ON: 18-08-2009

The experts feel that Premium Housing is ripe for an upswing this coming festival season. Indications are favourable especially with the end users returning back to the market. The forecast is that Q4...

Government brings Two Cheers to Reality
POSTED ON: 15-08-2009

The Government cheered up the middle class consumers of Reality industry by two timely announcements a) Loans of the value of 10 lakhs for a house value of 20 lakhs to be subsidised. b) Developers...

Gurgaon Metro-ed
POSTED ON: 13-08-2009

DLF-IL&FS consortium are on rail for the 6 Km Metro link project from Gurgaon to Sikandrapur. It would involve an investment of 900 crores and a time frame of 30 months for completion. The money w...

Feel Good Factor !
POSTED ON: 12-08-2009

The investment from outsiders may have dropped but the 'feel good factor' has got rejevunated riding on the back of sops like revamped SBI home loans and of course hard facts. As per CREDAI from among...

IREO for INDIA
POSTED ON: 11-07-2009

IREO has invested close to $1.5 Billion in India, and according to Mr Lalit Goyal, vice-chairman and managing director IREO is in a position and intent to push in another $ 500 Million. This will be...

Wishlist for Home Loan takers
POSTED ON: 05-07-2009

The government is trying to give a fresh lease of life into the real estate and banking segments, which are struggling withl effects of a realty market crash and global recession. One of the possible ...

Upswing in Reality for Real
POSTED ON: 02-07-2009

A slew of innovative measures and falling interests have had the desired effect on the intrerest level of investors. This year has seen a steady gain in housing sector due to the proactivsm of players...

Home loans down - Housing Up
POSTED ON: 01-07-2009

 One of the leading bankers in SBI have slashed home loan rates virtually on the eve of the budget. The guiding force is the performance of Residential sector in last 3 months. Projects have been...

Mumbai Salsa
POSTED ON: 29-06-2009

DLF and Unitech are about to make Mumbai their next target of Reality upgradation. In a concerted move these two high end developers are about to make renewed efforts to jump start some of there plans...

Interest Rates head Southwards
POSTED ON: 26-06-2009

State Bank of India, has lowered its benchmark lending rate by half a percentage point to 11.75 per cent this is likely to benefit customers looking for homes and cars among others.  ...

Tatas all set to develop surplus land
POSTED ON: 22-06-2009

Tatas have undertaken an audit to identify land surpluses amongst it subsidaries such as Tata Motors, Tata Tea, Tata Steel and TCS, among others. A subset of this would be locate approximately 1000 ac...

Happy Homes are here again !
POSTED ON: 22-06-2009

After a hiatus of almost two long years, Reality market is looking up again. Buoyed by the success of innovative, cost effective home solutions in middle income groups, the developers are encouraged e...

From Special Economic Zones to Special Energy Zones
POSTED ON: 17-06-2009

In a 'go-green' measure Ministry of Commerce and Industry is mulling an innovative regulation for SEZs. The proposal is to make generation of Electricity through renewable sources of energy mandatory....

Unitech moots a Billion issue
POSTED ON: 17-06-2009

Unitech is all set to do an encore over the last years public issue and hope to raise a sizeable amount of 8500 crore by issuing a billion shares according to a conservative assesment. In addition, t...

Hike in Tax exemption on Home Loans
POSTED ON: 16-06-2009

     In order to give a much needed shot in the arm, the ministry for Home and Urban Development has approached the Finance Ministry for a stimulus in shape of enhanced limit on ta...

AP allots 750 acres for 2nd largest PSU project in state.
POSTED ON: 11-06-2009

The Andhra Pradesh government on Thursday allotted 750 acres of land to the NTPC-BHEL joint venture for setting up a power project equipment marketing facility at Mannavaram village in Chittoo...

IKEA Cancels Indian Investment Plan
POSTED ON: 11-06-2009

The iconic $ 31-billion Scandinavian home products giant, IKEA, has put on hold its plans to set up 25 showrooms across the country for an investment of around $ 1 billion. In an internal comm...

Developers Resort to Discounts to Sell Commercial Properties
POSTED ON: 11-06-2009

Realty companies are resorting to discounts to sell commercial properties in order to improve cash flows and reduce mounting debts. DLF, the country’s biggest real estate firm by marke...

RBI’s Safe Home Loan Norms Get American Economist’s Admiration
POSTED ON: 11-06-2009

Praising Reserve Bank of India (RBI) for having safer home loan norms, American economist Duglas J Young said India does not have much impact of economic slowdown because of RBI’s safer ...

Affordable Housing Picks up Market in Delhi- NCR
POSTED ON: 04-06-2009

After a bad year for the property market sales for affordable houses finally seem to be picking up in Delhi-NCR and right pricing and location seems to be doing the trick. Two housing projects...

Pepsi to Invest Rs. 1000 crore in beverage biz.
POSTED ON: 02-06-2009

Riding on healthy double-digit volume growth, beverage and snacks food maker PepsiCo India on Monday said it has doubled its investment target in the beverages business to Rs. 1000 crore (...

A Mega Infrastructure Project in 525 acres
POSTED ON: 02-06-2009

HDIL (Housing Development and Infrastructure Ltd.) and MMRDA (Mumbai Metropolitan Region Development Authority)’s joint venture for rental housing A MEGA Infrastructure project in 525 ...

Investors warm up to realty, Once again
POSTED ON: 29-05-2009

After a near 16 months hiatus, strategic investors are once again warming up to the real estate sector. A few foreign funds and local asset management companies have hit the road for raising m...

Pranab talks rate cuts, infra push
POSTED ON: 28-05-2009

Finance minister Pranab Mukherjee on Wednesday promised a large dose of government spending on infrastructure and nudged banks to reduce interest rates to help Indian companies tide over...

SBI overtakes ICICI to become largest retail lender
POSTED ON: 26-05-2009

State Bank of India (SBI) Chairman O P Bhatt’s strategy of regaining market share has led to the bank decisively becoming the largest retail lender, overtaking ICICI Bank, which in the...

FDI in Indian Retail will Threaten Livelihood of 40 Million Indians.
POSTED ON: 21-05-2009

Opening India’s retail sector to giant European corporations would threaten the livelihoods of 40 million Indians. The article ‘EU and India prepare for post-election free-trade ...

Tatas' nano housing plan takes off in style
POSTED ON: 14-05-2009

13 May 2009, NEW DELHI   Tata Group has sold around 3,500 application forms for its low-cost housing project, Shubh Griha near Mumbai, in the first two days of booking, three and a half time...

SUN Apollo takes 15% Stake in Mumbai-based developer Keystone Realtors
POSTED ON: 11-05-2009

SUN Apollo Ventures, a joint venture company between the Delhi-based Khemka family and the US-based AREA Property Partners (formerly Apollo group), has picked up a 15 per cent stake in Mumbai-...

GMR Plans 250-acre aerospace park in Hyderabad
POSTED ON: 08-05-2009

GMR Hyderabad International Airport Ltd (GHIAL) is planning to set up an aerospace park in Hyderabad, which would be spread over 250 acres, even though the aviation sector is going t...

Growth in Loan to Real Estate Sector- RBI
POSTED ON: 08-05-2009

Banks may be claiming that they are pruning their real estate exposure but data from the Reserve Bank of India (RBI) paints a completely different picture. According to RBI data, loans to the ...

Unitech Likely to Pull Out its Rs 211 crore Project From Orissa
POSTED ON: 29-04-2009

Real estate major Unitech is likely to pull out of its proposed Rs 211 crore residential cum commercial complex which was to be developed over an area of 11 acres in one of the prime locat...

Real Estate can Revive in 6-12 Months- Parsvanath
POSTED ON: 29-04-2009

The real estate sector has been bogged down by sliding prices and the tight liquidity situation. However, experts at a real estate summit in Mumbai believe that a revival will happen in th...

Home interest revives, deals rise 12-15%
POSTED ON: 27-04-2009

26 Apr 2009, 0939 hrs IST, Neha Dewan and Anand Rawani, ET Bureau   India’s housing sector is showing stirrings of growth with a marked increase in the number of transactions Home inte...

No service tax on rented space: HC
POSTED ON: 24-04-2009

24 Apr 2009, 0301 hrs IST, Deepshikha Sikarwar, ET Bureau NEW DELHI : Retailers, realtors and companies operating their businesses from rented space can now breathe easy. The Delhi High Court that ...

Home, car loans to get cheaper
POSTED ON: 22-04-2009

22 Apr 2009, 0038 hrs IST, Prabhakar Sinha, TNN Your EMIs are set to drop further — as is the interest you receive from bank deposits —after the Reserve Bank of India on Tuesday cu...

A piece of peace: Real estate in Religious destinations
POSTED ON: 22-04-2009

The Economic Times /5 Apr 2009, 1016 hrs IST More and more Indians want to have homes in religious centres . Whether it is the peace of Vrindavan, the serenity of Haridwar or tranquility of Shirdi ...

IBREL sells Mumbai property worth 30 cr to BCI
POSTED ON: 22-04-2009

Real Estate Firm Indiabulls Real Estate (IBREL) has sold 15,730 sq ft of area in its upcoming commercial complex at Lower Parle in central Mumbai for Rs 19,000 per sq ft to the British Council...

Real estate company Unitech is entering mid-income housing
POSTED ON: 21-04-2009

Business Standard/ Mumbai April 19, 2009, 11:02 IST Unitech, promoted by Chandras, has entered into mid-income projects, sold its hotel asset, rolled over the debt apart from improving effic...

Mumbai-based Litolier opens Five-Star Hotel in Delhi
POSTED ON: 20-04-2009

Mumbai-based Litolier Group, which opened a boutique hotel ‘RamadaPlaza’ here Friday, said it would enhance its presence in the hospitality sector by building two more five-star ...

Property Prices down but not Out
POSTED ON: 20-04-2009

Property Prices are down but haven’t really crashed. Not yet and not at least in metros such as Delhi and Mumbai. But new properties on a city’s periphery are going relatively ch...

Residential Project Kolkata Gains Momentum
POSTED ON: 16-04-2009

The real estate sector is finally showing signs of revival, on the back of an increasing investment in the residential segment. Property developers are of the view that there has been a signif...

SBI Decides Not to Extend Loans to New Realty Projects
POSTED ON: 16-04-2009

India's largest lender State Bank of India(SBI) has said it will not extend loans to any new realty project even though it counts many property developers among its clients. “It is a...

Robust Welcome To DLF's Delhi Project
POSTED ON: 14-04-2009

DLF Ltd has claimed that it sold more than 85 per cent of its West Delhi housing project in less than 24 hours of its launch. The project received a robust welcome by buyers as it was priced...

Buyers Looking To Exit DLF Project In Gurgaon
POSTED ON: 14-04-2009

At DLF New Town Heights project in Gurgaon, 600 buyers got together in an online group and in a recent poll 70% of them want DLF to refund payments, of up to Rs31 lakh in some cases. The...

ICICI Lowers Home Loan Rates For Existing Customers
POSTED ON: 14-04-2009

The tussle to woo and retain customers in the home loan market continues. After SBI and HDFC, now, ICICI Bank has come out with a scheme for its existing home loan customers. The bank is o...

LODHA BELLISSIMO AMONG TOP 1000 LANDSCAPE
POSTED ON: 19-03-2009

The Lodha Group’s first ‘By Invitation Only’ project, Lodha Bellissimo has been featured among the 1000 top landscape in the world in the latest addition of 1000* Lands...

MUKERBA CHOWK GRADE SEPARATOR
POSTED ON: 19-03-2009

Nine year after the idea of making the busy Mukerba Chowk Intersection single-free was conceived, the Rs. 195 crore grade separators was recently inaugurated to ensure a smooth vehicular...

WHEREHOUSING HUB
POSTED ON: 19-03-2009

With a KMP expressway to be operational by 2010, the demand of where housing space would increase, especially in the Kundli area. Most of the warehouse supply is therefor...

KMP EXPRESSWAY
POSTED ON: 19-03-2009

The biggest infrastructure project in the area is the 135-km long Kundli-Maneshar-Palwal Expressway, the largest highway project in the country to be implemented on a Build-Operate-trans...

RAJIV GANDHI EDUCATION CITY
POSTED ON: 19-03-2009

An important node coming up in the city will be the EducationCity. About 2007 acres of the 5000 acre project have already been acquired and 3000 acres are being called for acquisition to...

GLOBAL ECO CITY HAS BEEN TOUTED AS A UNIQUE VENTURE BY ITS DEVELOPERS.
POSTED ON: 19-03-2009

GlobalEcoCity: It is a project that aims to usher in a new age in infrastructure development and a completely modern experience to its customers, according to the developers, Falcon Real...

UNITECH IN TALKS WITH OBC TO SELL OFFICE BUILDING AT SAKET
POSTED ON: 02-03-2009

Real estate firm Unitech in talks with oriental Bank of Commerce (OBC) to sell its officeBuilding in Saket, New Delhi, a top company executive said. If the deal materializes, it could fe...

REALTY PRICES FALL BY 10-40 PERCENT
POSTED ON: 26-02-2009

After talking of a rebound, putting up with stagnation and offering freebies and discounts, developers hit by a demand crunch and economic slowdown are biting the re...

PROPERTY INVESTMENT: HEDGE AGAINST INFLATION
POSTED ON: 21-02-2009

This is a good time to make property a part of your investment portfolio, says KAVITA SRIRAM. The market follows a cyclic pattern. Around eight month ago, it was a seller’s market. ...

LOAN AGAINST PROPERTY
POSTED ON: 21-02-2009

You can raise funds by mortgaging your property. Are you in urgent need of money? Perhaps a loan against property can bail you out of crisis. This is a loan disbursed against the mortgage...

HDFC BANK CUTS INTEREST RATES
POSTED ON: 21-02-2009

Along with SBI, HDFC Bank has also reduced interest rates on personal loans and commercial vehicles from Monday. Car and commercial vehicle loans will become cheaper by 125 basis points an...

INDIRAPURAM BUCKS THE TREND
POSTED ON: 21-02-2009

The realty sector is still going strong in Indirapuram. While the slump has also hit here, this bustling place has managed to with stand its onslaught says VIVEK SHUKLA. ...

Home Loan Scenario
POSTED ON: 14-02-2009

“SBI drops home loan rate to 8 %. Rate war expected,” screamed a Sunday morning headline. The detailed interview also mentioned that unlike the 9.25 % package announced in Dece...

15-20% Correction needed in realty prices, says Chanada Kochhar and also Interest rates will dip further, Loans will become more affordable
POSTED ON: 14-02-2009

The company’s largest private sector bank, ICICI Bank, will have a new MD & CEO in the corner office by May. Chanda Kochhar step into a rather formidable pair of shoes left beh...

SC Breather for Properties in Aravali belt
POSTED ON: 14-02-2009

No demolition of Faridabad Houses, Commercial Units in Green Zone for time being. The Supreme Court on Friday gave huge relief to people who own houses and commercial esta...

Realty Market has Shown a decent Growth these past few years in Panipat
POSTED ON: 14-02-2009

Realty market has shown a decent growth these past few years in Panipat with the number of residential and commercial project on an upward curve. Panipat is on the cusp of major cultural ...

The buyer should be Study the Development Agreement and Identify the Rights of the Builder to Sell the Flat
POSTED ON: 09-02-2009

For middle class family, the decision to purchase a house involves spending one’s entire life savings. One, therefore, needs to be little more diligent and cautious while going in fo...

Guidelines for NRIs
POSTED ON: 09-02-2009

The pre requisite for purchasing property in India in a safe and secure manner is to be completely aware of the foreign Exchange Management Act (FEMA). In order to receive firsthand info...

RULES OF INVESTMENT
POSTED ON: 08-02-2009

Recently, one has noticed many NRIs showing interest in investing in different kinds of property in India. Most have inherited in the country, which they wish to dispose of end transfer ...

TAX BENEFITS AND HOMES
POSTED ON: 07-02-2009

 Tax deduction can be claimed on housing loan interest payments, subject to an upper limit of Rs.1,50,000/- for a financial year. You can avail this benefit if you show the house as self occupied...

TAX EFFICIENCIES IN RESIDENTIAL PROPERTY
POSTED ON: 07-02-2009

Financing plays a key role in the acquisition or construction of property. From an Income tax perspective, the staring point for computing taxable value of income derived from residentia...

NOIDA APPROVES BPTP 's EXIT
POSTED ON: 07-02-2009

New Okhala Industrial area authority (Noida) on Friday approved Business Parks and Town planners' (BPTP) application for the surrender of their land as per the state government's exit policy adopted b...

HARYANA OFFERS LAND FOR 2ND AIIMS CAMPUS
POSTED ON: 06-02-2009

The Haryana Government has offered around 350 acres of land in BADSA VILLAGE IN JHAJJAR DISTRICT, for setting up a second campus for AIIMS . This area was chosen because of its proximity to Gurgaon...

Rich Indians eyeing second homes abroad
POSTED ON: 03-01-2009

NEW DELHI: The realty industry is one of the worst-hit sectors globally following the financial meltdown, but for the well-heeled in India, this is excellent tiding. With real estate prices at an all-...

Haryana mulls new package to shore up realty market
POSTED ON: 03-01-2009

CHANDIGARH: Housing activity in Haryana, especially in national capital region (NCR), may soon return to days of glory with the government contemplating relaxing of financial and procedural norms. The...

Construction stocks rally
POSTED ON: 02-01-2009

MUMBAI: Investors have started lapping up construction and infrastructure stocks on a big scale. Companies such as Nagarjuna Construction, Hindustan Construction, Simplex Infrastructure and Gammon Ind...

Sluggish real estate sector may come to life again
POSTED ON: 02-01-2009

Reserve Bank of India’s (RBI) latest round of interest rate cuts together with the government’s fiscal stimulus package may prod some home buyers to return to the moribund housing market, ...

Home & corporate loans to get cheaper
POSTED ON: 02-01-2009

  MUMBAI: Home loan and corporate borrowers have something to cheer about early in the yea...

Overseas funding to boost real estate
POSTED ON: 02-01-2009

MUMBAI: The second economic stimulus package announced by the government has some good news for the troubled real estate sector. The fund-starved sector would be now permitted to tap the external comm...

ITAT ruling likely to boost city redevelopment
POSTED ON: 02-01-2009

MUMBAI: From now on, tax cannot be levied on the money paid by a builder to a housing society or private individual for redevelopment of property,the Income Tax Appellate Tribunal (ITAT) has said in a...

Housing can up GDP by 1.5%
POSTED ON: 29-12-2008

NEW DELHI: While admitting that any attempt to fix a definition for affordable housing for a country as large and diverse as India, using the concept of one-size-fits-all, would be counter-productive,...

Vishal talks down rentals for 50 stores
POSTED ON: 28-12-2008

Vishal Retail, a New Delhi-based supermarket chain, has successfully negotiated rentals of about a third of its stores across the country even as other retailers are bargaining for lower prices. Vish...

Unitech plans to set up 2 SEZs in Haryana
POSTED ON: 28-12-2008

Unitech, the country's second largest realty firm, is planning to set up two Special Economic Zones (SEZ) in Haryana for automobiles and apparel sectors and will soon approach the government for appro...

8% interest rate freeze on Rs 7.5L loan?
POSTED ON: 28-12-2008

NEW DELHI: Union housing ministry has recommended to the PMO that the interest rate be maintained at 8% for home loans up to Rs 7.5 lakh taken for houses of 400 - 1000 sq ft. The government may ask th...

Housing ministry proposes bonanza for small home buyers
POSTED ON: 28-12-2008

NEW DELHI: The housing ministry has proposed a veritable bonanza for first-time house buyers in the low and middle income groups, suggesting tax cap on prices and freeze on interest rates. It has also...

LIC Housing plans to disburse Rs 10,000 cr this fiscal
POSTED ON: 28-12-2008

MUMBAI: LIC Housing Finance (LICHF) is planning to disburse loans worth Rs 10,000 crore this fiscal, up from the Rs 7,100 crore last year."During the last financial year, we disbursed loans worth...

Cabinet clears 5% interest subsidy scheme for urban poor
POSTED ON: 28-12-2008

NEW DELHI: The Union Cabinet on Friday approved interest subsidy of 5% on housing loans taken by economically weaker sections with the twin objective of ensuring affordable houses for all and giving a...

Investment in Asian real estate sector to benefit India
POSTED ON: 26-12-2008

  NEW DELHI: India may benefit from the increased fund allocation to Asian real estate sec...

Home buyers can expect a better deal in the New Year
POSTED ON: 26-12-2008

NEW DELHI : The year 2009 will lift the gloom in the real estate market as the property market turns buyer friendly with the cuts in property rates and home loan rates. Developers for their part would...

Mahindra Lifespaces enters realty biz in Mumbai, Delhi
POSTED ON: 24-12-2008

Mahindra Lifespaces Developers (MLD), the real estate arm of the Rs 30,000 crore Mahindra Group, is eyeing the south and central Mumbai property market. The company, which is into building large housi...

Realtors woo corporates with discounts Offer special packages
POSTED ON: 24-12-2008

Apartment sales are taking a new hue as slowdown hits the staying power of property developers. Employees of well-known corporate houses are being offered special prices and sweet schemes meant for su...

ITC mulls development of properties
POSTED ON: 24-12-2008

Diversified business group ITC is planning to develop properties across the country depending on the demand and land availability, the group's hotels division Senior Executive Vice-President Pawan Ver...

Mauritian firms to buy 60% in Forum Ventures
POSTED ON: 24-12-2008

NEW DELHI: Mauritius-based Landmark Special Opportunities Company (LSOC) and Landmark Real Estate Fund (LREF) are picking up around 60% stake in Kolkota based realty company Forum Ventures for cl...

NHB to lend at 8% to home loan companies
POSTED ON: 21-12-2008

The Rs 4,000-crore refinance package from the National Housing Bank (NHB) to housing finance companies (HFCs) will be available at 8 per cent interest.The concessional rate of interest will apply to l...

Govt may relax ECB norms for NBFCs, realty
POSTED ON: 21-12-2008

The committee of secretaries set up by the prime minister to recommend measures to help Indian industry through the global financial crisis is likely to recommend changes in external commercial borrow...

SBI makes its home loans cheaper by cutting PLR by 75 bps
POSTED ON: 21-12-2008

In a dose of relief to millions of existing and prospective borrowers, country's largest bank SBI today announced a 75-basis point cut in its prime lending rate which will make its home, auto and othe...

Realty biggies foray into affordable housing
POSTED ON: 21-12-2008

NEW DELHI : Big is out, small is in. A host of private developers are getting busy launching in new projects to cash in 'affordable' demand. Consumers looking to buy their own house can heave a sigh o...

Rentals in mid-income house markets see rise of 8-15%
POSTED ON: 21-12-2008

NEW DELHI : There is good news for people planning to buy dream homes within their budgets. Mid income housing ( homes between Rs 25 to 40 lakhs) is likely to grow as the fastest growing segment for&n...

REAL ESTATE DEVELOPMENT COUNCIL
POSTED ON: 19-12-2008

A delegation national real estate development council - the apex industry body of the real estate sector - met Planning Commission Deputy Chairperson Montek Singh Ahluwalia on Wednesday seeking lower ...

Cut Loan Rates for Existing Buyers
POSTED ON: 18-12-2008

Describing housing sector as a main driver of economy, Chidambaram said bankers are being prevailed upon to cut home loan rates for the existing customers........18 Dec 2008, 2040 hrs IST, PTI...

National Energy Conservation Day
POSTED ON: 18-12-2008

A state level function to Celebrate  National Energy Conservation day. Let's Pledge to Save Energy Today Use Solar Water Heater Put Computer on Sleep made Keep in mind the "...

Ansal to invest Rs900 cr in 250-acre Haryana SEZ
POSTED ON: 10-10-2008

New Delhi: Leading realty developer Ansal Properties & Infrastructure Ltd (APIL) will invest Rs 900 crore for developing a 250-acre engineering-based special economic zone (SEZ) at Sonepat in Hary...

 
 
 
 

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