Tag Archives: Home Buyers

Realty cos fight shy of price cuts

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 to [...]

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Home prices may fall in first quarter of 2009

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 a [...]

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Gulf Parent Comes To Emaar MGF’s Rescue

July 14, 2008 – 6:02 am

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 firm [...]

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