September 18, 2008 – 7:12 am
City-based Vakil Housing Development Corporation has become the latest entrant into the market to develop affordable homes as the real-estate industry tries to cope with a downtrend in demand.
A senior official of the company said that the move is part of its strategy to increase its residential real estate development footprint across the southern metros. [...]
By Rajani
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Posted in Property News
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Also tagged Affordable Housing, Bandwagon, Co Director, Footprint, Foray, Housing Development Corporation, Housing Ministry, Housing Projects, Income Groups, Land Co, Launch, Low-Cost Housing, Mohammad Ali, Outskirts, Real Estate Development, Residential Development, Residential Real Estate, Residential Real Estate Development, Rs 40, Square Feet
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September 8, 2008 – 1:13 am
With the saturation of metros and major tier I cities across the country, the focus has now shifted to tier II cities, which has turned to be fruitful for realtors.
Chandigarh has been overwhelmed by the response it got from the realtors who are keen to start their construction activities.
The three operational malls in Chandigarh include [...]
By manish
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Posted in Property News
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Also tagged Chandigarh, Construction Activities, Dlf City, Employment Opportunities, Global Real Estate, Jones Lang La Salle, Local Realtors, Local Shopping, multiplex, Real Estate Firm, Realtors, Shopping Mall, Shopping Malls, Zirakpur
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September 3, 2008 – 9:34 am
Real estate firms will enter into joint development for construction projects by selling land parcels to other builders, given the drop in sales of apartments and inflationary trends.
Pankaj Jaju, head-real estate practice, Enam Securities told FE, “Metros and Tier II towns having a huge pipeline of projects have witnessed a 60% drop in sales of [...]
By manish
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Posted in Property News
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Also tagged Bandra Kurla, Bangalore, Bkc, Chennai, Construction Projects, Crunch, Enam Securities, Industry Experts, Inflationary Trends, Land Parcels, Mumbai, Pune, Puravankara Projects, Raw Material, Real Estate, Realty Firms, Tier Ii
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India’s largest real estate developer DLF has given a new definition to housing for economically weaker sections (EWS). A senior company executive recently proposed to urban development minister Jaipal Reddy—and was promptly snubbed—that servant quarters attached to highend apartments be counted as the developer’s contribution towards EWS, according to a source in the government.
As per [...]
Country’s largest real estate developer DLF Ltd will develop eight shopping malls under leasing format in the metros this financial year.
DLF Retail only leases out space in its properties. Company would also open four shopping malls in current year, of which three would be in Delhi NCR and one in Chandigarh.
Chandigarh mall will be smaller [...]
NEW DELHI: Real Estate Developer Damac Properties announced on Monday that it has tied up with 60 agents in the country across metros and Tier I cities to market and sell their regional properties to the Indian investors.
“We are proud to have signed on 60 agents in India. As demand is high, we wanted to [...]
By manish
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Posted in Property Events, Property News
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Also tagged , Agents, Damac, Damac Properties, Delhi Real Estate, Indian Investors, New Delhi, Ocean Heights, Real Estate Developer, Riddoch, Saudi Arabia
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February 1, 2008 – 1:39 am
Year 2008 has some excellent news in store for private developers and middle-income home buyers. For, minister of state for urban development Ajay Maken has freshly started the procedure of providing ground to private developers in Delhi with 40% floor space index (FSI) for developing low-cost housing.
“With this move, private developers can use surplus land [...]
By manish
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Posted in Property News
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Also tagged Affordability, Floor Space, Fsi, Housing Projects, Low-Cost Housing, Middle Class, Minister Of State, Model Act, Model Bill, Private Developer, Private Developers, Real Estate, Regulatory Body, Residential Projects, Residential Property, Space Index, Surplus Land
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