Tag: Infrastructure Development

Connectivity Makes Thane a Hotter Realty Destination

Thane in Mumbai; due to its overwhelming connectivity, has become one of the hottest realty destinations in Mumbai Metropolitan region. The growth of Thane is mainly due to its increasing connectivity and infrastructure development. In fact connectivity has made it one of the best real estate destinations in Mumbai.

Land purchase for SEZ comes under commercial realty

The RBI’s draft guidelines on classification of commercial real estate exposure of banks may provide some relief on loans provided for acquisition of units in special economic zones. However, RBI has not found merit in the commerce ministry’s argument to keep loans for special economic zone development outside the domain of commercial real estate coverage. […]

Indiabulls leads ‘A’ group

Real estate developer Indiabulls Real Estate soared 27.65% to Rs 136.90, as realty stocks extended gains on hopes cut in lending rates will spur demand for residential properties. The scrip topped gainers in BSE’s ‘A’ group shares. The Reserve Bank of India, on 20 October 2008, cut the repo rate, by 100 basis points to […]