MD Archives - India Real Estate Monitor

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The Realty Confusion: Mumbai offers little hope for home buyers.

April 4, 2012 – 11:07 pm

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 | Posted in Property News | Also tagged Budget, Census Directorate, DCR, development control rules, Home Buyers, Jones Lang Lasalle, Maharashtra, Mumbai, pankaj kapoor, Rbi., Reserve Bank Of India, Stamp Duty | Comments (0)

Union Budget 2012-13: Ground Realty ignored by Pranab Mukherjee.

March 17, 2012 – 4:40 pm

The top players in the realty sector said they had been ignored by the finance minister. Gaurav Gupta, director, Omkar Realtors & Developers commented that the realty sector had got nothing to boost market and customer sentiments. “There are no indications of this sector being granted the status of an industry, which it much deserves. […]

By skgupta | Posted in Property News | Also tagged Chief of the Confederation of Real Estate Developers' Association of India (CREDAI), director, EWS (economically weaker section), exceeded expectations, external commercial borrowings (ECB), Finance Minister, Gaurav Gupta, Ground Realty, Kumar Urban Development Ltd, Lalit Kumar Jain, Omkar Realtors & Developers, Pranab Mukherjee, RICS South Asia, Sachin Sandhir, Tata Housing MD and CEO Brotin Banerjee, top players, Union Budget 2012-13. | Comments (0)