More trouble for the builders, farmers of Yamuna expressway may target F1 track. After Noida and Greater Noida, its now turn of Yamuna Expressway land row to cause worries among thousands of homebuyers. Farmers more than 30 villages, along the Greater Noida – Agra toll road, the villagers decided to move to Allahabad High Court […]
September 16, 2009 – 10:55 am
The revival of riches in the real estate sector has encouraged textile companies with huge land banks to enter into property development. Among such companies are textiles major Bombay Dyeing and Century Textiles. Golden Tobacco, manufacturer of the Panama and Chancellor cigarette brands, is also considering to have its real estate arm to utilize its […]
September 11, 2009 – 1:20 pm
The Greater Mohali Area Development Authority will implement a land pooling scheme for three major projects. Farmers whose land will be acquired for the road linking S.A.S. Nagar international airport with Zirakpur and Patiala, Kharar-Desumajra airport road stretch and Mullanpur Urban Estate will be able to avail benefits like owning a plot. Under the scheme, […]
Due to the depressed real estate market, all projects of small developers (grade C & D) are up for sale as no development has started because of severe cash crunch. And the big developers (grade A & B) are said to be scouting for these kinds of projects as they are proving to be more […]
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Also tagged Amritsar, Bangalore and Chennai, Chandigarh, commercial property, Indore, Karnal, Mumbai, Ncr, Pune, Real Estate, Real Estate Investment, Residential Property, small developers
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Foreign investors may shun the Indian real estate market as lower asset prices in the US and the potential to earn better returns skew the risk-reward equation against emerging markets such as India. Mr. S Sriniwasan, CEO, Kotak Real Estate Fund, said, “Real estate developers face a double whammy of slowdown in the overall growth […]
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Also tagged AIG, asset, buy, Citi venture, Foreign investor, Fund, India, Market, Mumbai based real estate, Real Estate, Real Estate Developers, Slowdown
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The GMR Group-backed Delhi International Airport’s (DIAL) plans to develop a 45-acre hospitality district in the capital has hit an air-pocket. Airports Authority of India (AAI), which owns 26% in DIAL, is unwilling to raise the required fund of one thousand crore rupees for the proposed real estate development. It was decided that all the […]
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Also tagged Aai, Aerotropolis, Airports Authority Of India, Commonwealth Games, Dapl, Delhi, Delhi Airport, Fraport, Gmr Group, Government Official, Hospitality Project, Hotel Complex, lease, Real Estate, Revenue Generation, Room Hotel, Security Deposits
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The face of Indian postal department is changing, under pressure from modern communication systems. Gone are the days when post offices were used for screening and distributing letters. Today, it is entering into every possible business segment, be it money exchange or logistics. With a network of 1,55,516 post offices in every nook and corner […]
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