December 4, 2012 – 4:03 pm
Real estate builders now use social media to preserve their reputation. Their reputation is tainted by hostile home buyers who express their negative comments. Real estate builders expect to shield their reputation by appointing online reputation managers. Many real estate companies have hurriedly appointed online reputation managers.
November 19, 2012 – 6:55 pm
Ministry for Housing and Urban Poverty Alleviation (MHUPA) head union minister Mr. Ajay Maken revealed that the government is all set to introduce a new regulatory body to protect the troubled home buyers. The MHUPA minister pointed to the fact that the LIG (Lower Income Group) homes are decreasing now. By making it mandatory for all […]
In a recent report, Jones Lang LaSalle said that Mumbai seems to be in a tighter spot with Rs275 billion being sunk in land since FDI (foreign direct investment) was allowed in real estate in 2005; most of which has failed to yield returns. Even many investments done in South Bombay once named as one of the […]
By skgupta
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Posted in Property News
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Also tagged Budget, Census Directorate, DCR, development control rules, Jones Lang Lasalle, Maharashtra, MD, Mumbai, pankaj kapoor, Rbi., Reserve Bank Of India, Stamp Duty
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The Indian property market will see more investment from overseas this year as it still remains an attractive investment destination globally. In a recent report, property broking and real estate consulting firm Jones Lang LaSalle said the Indian property market is poised to attract about US$3 billion, almost double last year’s US$1.6 billion, from overseas […]
By skgupta
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Posted in Property News
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Also tagged Bhopal, Chennai, Dubai, Dubai-based, HONG KONG, Indian property market, Indian Property Sector, Indian Property Show, Jones Lang Lasalle, Mumbai, National Housing Bank, NHB, Real Estate, Reserve Bank Of India, Singapore, South Africa, Sumansa Exhibitions, Suntec Exhibition Centre's hall, two-day exhibition, Uk
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Residential property prices are expected to fall by about 10% this year. Residential property rates declined by 18% to 20% in this March. Despite this drop, buyers are watching market scenario with ‘wait and watch’ policy. This trend is likely to continue through 2009. Mr. Sudhir Nair, Head, CRISIL Research says, “Demand in the commercial […]
Real estate industry has started showing the signs of recovery. Effect of recovery will be shown in coming quarter. These are not baseless talks. Launching of new projects at low interest rates is the main reason behind the increase of sales inquiries. Specially, the term ‘affordable housing’ is attracting middle class families to fulfill their […]
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Also tagged Affordable Housing, Apartment, Bandwagon, Banks, Bookings, Cement, Ceo, Conglomerate, Dreams, Foreign Investments, Gap, Happy Customer, Jaypee Group, Low Interest Rates, Middle Class Families, New Projects, Property Consultancy Firm, Sales Inquiries
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January 14, 2009 – 2:15 am
The unprecedented rush for flats constructed by the Maharashtra Housing and Area Development Authority (MHADA) has proved that even in times of recession there is a huge demand for affordable housing in Mumbai. Mhada’s affordable housing scheme for the economically weaker, lower, middle and higher sections of society has seen upto 1.89 lakh application forms […]
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Posted in Property News
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Also tagged Adequate Land, Affordable Housing Scheme, Application Forms, Bureaucrat, Crore, Estate Consultant, Housing Recession, Land Acquisition, Mhada Housing, Mumbai, Private Developers, public housing, Regulation Act, Rupees, Rush, Urban Land
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December 27, 2008 – 2:18 am
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 benefit as they will focus on creating volumes at affordable price points. The government move to boost home loans will definitely […]
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Also tagged Borrowers, Business India, Central Government, Ceo, Economy, Gloom, Government Move, Hfcs, Home Loan Rates, Home Loans, Jones Lang Lasalle, Momentum, New Year, Private Banks, Property Developers, Public Sector Banks, Sanjay Dutt, Segment, Thrust
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November 21, 2008 – 12:01 am
Real estate companies seem little inclined to listen to the government’s call to reduce prices. Even as realty firms such as DLF, Parsvnath and Emaar MGF demand rollback of taxes, they are reluctant to commit any price cut. An association of developers, Confederation of Real Estate Developers Association of India (Credai), has asked member developers […]
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Also tagged Confederation, Credai, Delhi Chapter, Economic Sentiment, Emaar Mgf, Parsvnath Developers, Pradeep Jain, Real Estate Developers, Real Estate Developers Association, Real Estate Sector, Realty Cos, Realty Firms, Residential Market
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October 21, 2008 – 2:10 am
Potential home buyers, who have been deferring their purchase decisions, may have to wait till April-May to get a good deal. The ripples of the ongoing financial crunch, coupled with mounting pressure from various other circles, will peak between January and March. That’s when many developers will be forced to sell the unsold stock at […]
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Also tagged Current Market, Economic Prospects, Festive Season, Financial Crisis, Financial Crunch, Global Financial Turmoil, High Interest Rates, Jones Lang Lasalle, Jones Lang Lasalle Meghraj, Market Scenario, Parel, Puri, Real Estate Developers, Ripples
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In what would be the first major fund infusion into the Emaar MGF Group after a failed IPO, one of its promoters, Dubai-based Emaar is learnt to be investing $150 million to pick 20-25% stake each in three real estate projects of Emaar MGF. This would be separate from its equity contribution in the JV […]
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Also tagged Commercial Projects, Commercial Retail, Emaar Mgf, Gurgaon, Hospitality Sector, IPO, JV Partner, Lehman Brothers, Market, Private Equity, property, Realty Firms, SPV
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