The real estate developers on Thursday reacted sharply to the Bhubaneswar Development Authority’s (BDA) move to change the definition of “apartment” and “group housing.” Talking to reporters here, Confederation of Real Estate Developers Association of India (CREDAI) state president D S Tripathy said the new definitions are vague and will result in the harassment of people while […]
By skgupta
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Posted in Property News
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Also tagged BDA, Bhubaneswar Development Authority, Confederation of Real Estate Developers Association of India, Credai, D S Tripathy, EWS houses, Odisha, policies, Real Estate, Realtors, state government
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Capital values rose in Gurgaon’s residential sector over the last one year. Developers are now going slow on execution of real estate projects, resulting in a drop in supply of residential apartments in most prime markets. Emerging residential areas are still not able to meet the huge housing demand. Due to rampant construction delays, the […]
By skgupta
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Posted in Property News
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Also tagged commercial property sectors, Dwarka Expressway, Emerging residential areas, Golf Course Extension, Gurgaon, Gurgaon’s residential sector, huge housing demand, major global players, Manesar and Dwarka, mid-income buyer group, National Highway 8, prime markets, promising for office space, rampant construction delays, safe investment bet, Sector 78, Sectors 70
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The lands in Noida and Greater Noida will make houses costlier in both cities. Out of 54 villages in Noida, 40 have been agitating for plots for years. So, more land is still required. There will be no land left for allotment to developers. Demand for land is ever increasing; land prices are bound to […]
December 8, 2010 – 11:18 am
The realty sector probably has the maximum rate and volume of investments and the number of investors. In contrast to the various Securities and Exchange Board of India regulations aiming to protect the capital market investors, real estate development regulation has mostly been neglected. Current scenario holds that the Indian developers buy land; obtain clearances […]
Photo by raman..exploring myself..A Real Estate firm Embassy Developers is expected to generate over 513 million US Dollars as said by their Prospectus which was filed today. This will be done through an initial public offering of shares. The draft is available on the Edelweiss website. The lead running managers for the issue are Nomura, […]
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Also tagged Banks, Edelweiss, India, Initial Public Offering, Investment Bank, IPO, Money, Nomura, Power Grid, Prospectus, Real Estate Firm, Retail Investors, Reuters, Rupees, Share Sales, Shares, Thomson, Time Line, Ubs
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nIt is very likely that the Real Estate prices in the country will shoot up further with the Finance Ministry’s decision of not withdrawing 2.5% service tax. This move was proposed by the Urban Development Ministry in the budget of FY10-11. The budget had earlier proposed this tax on all under-construction projects. And it is […]
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Also tagged Budget, Common Knowledge, Construction Projects, Declination, Development Ministry, Dreams, Finance Minister, Inflation, Jaipal Reddy, Middle Class, Pranab Mukherjee, Real Estate Prices, Shock, Spheres, Urban Development
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A Bangalore based residential project has won the runner up award by the International Real Estate Federation (FIABCI). ‘Bearys Lakeside Habitat’, a twin tower residential project was awarded the prestigious award on May 27 at Bali, Indonesia. The ceremony was held in the presence of the President and the First lady of the Republic of […]
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Also tagged Bali Indonesia, Bangalore, Beary, Dignitaries, Excellence Award, First Lady, Habitat, Indian Real Estate, International Real Estate, Occasions, Presence, Prestigious Award, Republic Of Indonesia, Residential project, Siddique, Twin Tower, Wins
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Everybody is cursing recession as it resulted into slowdown in market. But, have you ever realized that there is always some positive aspect behind every off-putting phase. Recession has changed the point of views of consumers, lenders and developers as well. Consumers became more cautious during spending their saved money. On the other hand developers […]
December 5, 2008 – 6:10 am
Though developers in the realty sector are facing an unprecedented pressure due the global economic slowdown and are being forced to think on the lines of reducing prices of their housing projects, Sahara Real Estate is trying to buck the trend and will instead hike the prices with effect from the next year. Shedding light […]
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Also tagged Business Strategy, Buying Spree, Confusion, Debts, Estate Business, Expansions, Fi, Financial Trouble, Full Swing, Global Economic Slowdown, Half Year, Housing Projects, India, Market Scenario, S Real Estate, Sahara, Term Business, Unprecedented Pressure, Volatile Market
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October 31, 2008 – 5:53 am
With the festive season of Diwali just past us, developers are going hammer and tongs at wooing prospective homebuyers with more and more special offers. However, if sources are to be believed, these discounts and gifts have only come about because the real estate market is heading for correction in a big way. Sources say […]
October 17, 2008 – 5:31 am
Real estate firm Parsvnath Developers on Friday said it has bagged an Rs 29.5-crore order from Delhi Metro Rail Corporation for constructing station box at the upcoming Dhaula Kuan metro station. “Parsvnath is proud to strengthen its association with DMRC through the construction of station box at Dhaula Kuan. The project reinforces the confidence of […]
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Also tagged Company Chairman, Connaught Place, Delhi Metro Rail, Delhi Metro Rail Corporation, Dhaula Kuan, Dmrc, Metro Stations, Parsvnath, Pradeep Jain, Real Estate Firm, Realty Firm, Shopping Malls
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September 26, 2008 – 11:06 am
The recent financial debacle in the US has sent shock waves across the globe and is also projected to impact the Indian real estate sector directly or indirectly. Adequate and timely funding would be a major concern for developers. Already, there are indications of investors withdrawing their funding. While big players consider this shake-up as […]
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Also tagged Collapse, Financial Debacle, Financial Institutions, Global Property, Globe, Indian Real Estate, Investors, Meltdown, Property Consultants, Real Estate Companies, Real Estate Sector, Shock Waves, Stocks, Temporary Phase, Tsunami
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September 11, 2008 – 6:48 am
Describing the current bearish trend of the real estate sector a ‘transitory slowdown’, consultancy firm Ernst and Young said that the outlook of the sector is still ‘positive’ in the medium-to-long term. “Ernst and Young believes that the market is witnessing a transitory slowdown. However, considering the opportunities present as well as the strong economic […]
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Also tagged Amp, Bearish Trend, Corporatisation, Emergence, Fundamental Drivers, Global Markets, Innovative Products, Mechanisms, Momentum, Niranjan, Outlook, Profit Margin, Profit Margins, Real Estate Sector, Slowdown, Summit, Transparency
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Pune-based DS Kulkarni Developers Ltd has inked a shareholders contract with GTC Cyprus to mutually develop a two hundred fifty acre multi-services special economic zone (SEZ) in Pune through a 50:50 joint venture. GTC Cyprus is the real estate company of the Netherlands-based Kardan Group. The Kardan Group has real estate projects in western eastern […]
According to experts, the killing in stock markets, where realty stocks have taken a beating along with the rest, may speed up the slowdown in the real estate market over the next six months. Balaji Rao, managing director, Starwood Capital India Advisers, said, “The market is already slowing as high property prices have affected sales”.
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Also tagged Credit Suisse, Debt Markets, India, Omaxe, Parsvnath, Puravankara, Real Estate Market, Realty Investors, Realty Stocks, Slowdown, Stock Markets
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Mumbai Real estate developers on Friday demanded an inquiry into the rise in steel prices and warned that if the prices were unchecked, plans for the Commonwealth Games 2010 would be hindered and would hit the residential construction business. Members of the Builders Association of India (BAI) met here and sought a probe by the […]
Bids have been invited by the Noida Authority To set up nine hotels nears the Taj -Agra expressway. The authority has a plan to set up three 5-star, four 3-star, and two 4-star hotels in this project. This bid is going to open on April 24 with a reserve price fixed by the authority of […]
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