August 11, 2008 – 12:44 am
The Indian real estate sector is breaking new ground, by adopting information technology (IT).
In recent years, many real estate companies have been taking to end-to-end IT solutions in a bid to automate their business processes. This has not only helped to increase efficiency and cut cost but also to make their functioning more transparent, they [...]
By manish
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Posted in Property News
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Also tagged Business Processes, Construction Solutions, Enterprise Resource Planning, Escalation, Foreign Direct Investment, Generation Owners, Information Technology, IT Sector, Private Equity, Real Estate Sector, Second Generation
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In a move that could help curb hotel room crisis ahead of Commonwealth Games 2010, the government is considering relaxing entry restriction for foreign players in construction of hotels and resorts. It is looking at a suggestion to bring down minimum development rule of real estate from existing 50,000 sq feet to 20,000 sq feet [...]
By manish
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Posted in Property News
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Also tagged Ahuja, Arcades, Cabinet, Commonwealth Games 2010, Dipp, Entry Norms, High Interest Rates, Hospitality Sector, Indian Hospitality, Influx, Investment Commission, Real Estate, Real Estate Sector
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Buoyed by an exciting real estate market, investors in Britain increasingly prefer India for investment looking for higher profits on the back of a slowdown in Britain’s realty market.
Navyroof.Com, a company that emphasizes investment prospects in the most upcoming areas of India to the UK investors, Managing Director A. Fassnidge said: “All the economic indicators [...]
By manish
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Posted in Property News
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Also tagged British Citizens, Credit Crunch, Development Finance Corporation, Gujarat, Housing Development, indian government, Indian Origin, Jaipur, London Property, Market Investors, Merrill Lynch, NRIs, Pune, Realty Market, Uk, Unitech
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The government today issued guiding principle on big-ticket transforms to the foreign direct investment (FDI) norms that were decided by the Union Cabinet on January 30.
It, however, remained quiet on clarifying a change in rules for FDI in real estate, maybe due to fear of larger capital inflows.
The move to delink the FDI provisions from [...]
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