Tag Archives: Land

Small Developers Selling Their Land Due To Cash Crunch

July 28, 2008 – 7:59 am

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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Foreign Investors May Avoid Real Estate

June 18, 2008 – 4:51 am

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 and [...]

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GMR’s Delhi Hospitality Project Hits AAI Barrier

June 18, 2008 – 12:05 am

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 stakeholders [...]

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Indian Postal Department Is Planning For SPV For real Estate

May 15, 2008 – 4:54 am

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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