Tag: Construction Activities

NBO to launch housing index by March’09

December 17, 2008 – 2:56 am

The Reserve Bank of India (RBI) has asked a government agency that collects statistics on the country’s housing construction activities to launch a housing start-up index by March 2009, to help it assess the impact of fiscal and monetary stimulus offered to revive the sector. The index, to be launched by the National Building Organization […]

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Chandigarh Attracting Realtors

September 8, 2008 – 1:13 am

With the saturation of metros and major tier I cities across the country, the focus has now shifted to tier II cities, which has turned to be fruitful for realtors. Chandigarh has been overwhelmed by the response it got from the realtors who are keen to start their construction activities. The three operational malls in […]

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Dawnay Day’s hotels on the block

August 21, 2008 – 5:13 am

Leading hotel chains and top real estate developers are understood to be bidding for the beleaguered UK investment group Dawnay Day’s four-star hotel chain Ten Hotels and other real estate assets in India. ITC, Royal Orchid, Pride Hotels, Sarovar group, Lemon Tree, DLF and Paraswanath have made a pitch for the deal, which is valued […]

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Assocham Predicts $21 Billion FDI In Real Estate Market

August 6, 2008 – 4:31 am

Despite the real estate market being confronted with a short-term depression as real interest rates hovered between 12 – 16%, the Associated Chambers of Commerce and Industry (Assocham) has projected a twenty one billion dollar spurt in foreign direct investment (FDI) in the real estate market in the next 10 years.

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