October 15, 2008 – 12:05 am
Leading real estate players are optimistic about the RBI’s move to cut CRR and believe that this will help the flow of funds in the realty sector, enabling faster execution of projects. The CRR cut can also influence the boost of the realty market, provided there is a decrease in interest loans. Mr. Pradeep Jain, […]
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Also tagged Crr, Inflation, Interest Loan, Interest Loans, Leading Real Estate, Liquidity, Parsvnath, Pradeep Jain, Rbi., Real Estate, Realty Market, Rohtas, Slr, Vipul
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October 1, 2008 – 7:29 am
Omaxe, one of the largest real estate developers on Oct. 1, 2008 announced that the company’s subsidiary Omaxe Infrastructure and Construction (P) bagged an order worth Rs 907.10 million from Hindustan Zinc. The order is for the development and construction of township for the new zinc smelter plant at Dariba, Udaipur of Hindustan Zinc. The […]
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Also tagged Drainage Water, Guest House, Horticulture, Lawns, Pool Surface, Real Estate Developers, Shopping Centre, Smelter Plant, Station Water, Street Lighting, Surface Transportation Program, Swimming Pool, Udaipur, Wastewater Treatment Plant, Water Harvesting, Zinc Smelter
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August 26, 2008 – 4:56 am
Provident Housing and Infrastructure Ltd, the wholly owned subsidiary of Bangalore-based real estate company Puravankara Projects Ltd, is in talks with four overseas private equity funds to raise about seven hundred fifty crore rupees to acquire land for its affordable housing projects, a source close to the development said. “Total project cost is eight thousand […]
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Also tagged Accruals, Affordable Housing, Chennai Hyderabad, Coimbatore, Housing Projects, Infrastructure Ltd, Jaipur, Kochi, Kolkata, Low Cost Houses, Mysore, Private Equity Funding, Private Equity Funds, Puravankara Projects, Puravankara Projects Ltd, Real Estate Developers
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AMBALA : A historical district of Haryana, may still be longing for true genesis of its nomenclature but the city is slowly opening up to real estate investments that were non-existence till a couple of years ago. The city, divided between Ambala Cantt and Ambala City, is bringing up a few group housing schemes and […]
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Also tagged Ambala Cantonment, Ambala Cantt, Ambala City, Chandigarh, Commercial Projects, Dera Bassi, Dlf, Housing Project, Housing Schemes, Land Banks, Real Estate Investments, Reliance Industries, Residential project, Transit City, Vatika Group
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According to experts, the killing in stock markets, where realty stocks have taken a beating along with the rest, may speed up the slowdown in the real estate market over the next six months. Balaji Rao, managing director, Starwood Capital India Advisers, said, “The market is already slowing as high property prices have affected sales”.
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Also tagged Credit Suisse, Debt Markets, developers, India, Parsvnath, Puravankara, Real Estate Market, Realty Investors, Realty Stocks, Slowdown, Stock Markets
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For all the talk about a slowdown in the economy, real estate prices in most parts of the country have not corrected as much as most prospective buyers would have liked them to. But, shares of most real estate companies are not finding any takers even after falling nearly 50% from their record highs in […]
March 18, 2008 – 12:15 pm
As home sales continuously going downward, real estate developers are changing their strategy and showing more interest in luxury home segment by targeting non-resident Indians and high net worth individuals keen on buying that exclusive villa in India. Such business strategy also seems to be supported by market as demand in the luxury home segment […]
Delhi-based real estate developer Omaxe has postponed its plan to raise Rs 1,500 crore through private placement until a favourable time. This follows Unitech’s decision to put on hold $1.5-billion qualified institutional placement (QIP), and Emaar MGF’s initial public offer (IPO), which was withdrawn midway. Industry insiders say the delay in fund-raising plans is unlikely […]
February 16, 2008 – 5:46 am
Power, real estate, capital goods and oil and gas indices gained over 7 per cent each and led the Sensex rally on Thursday. The Bombay Stock Exchange’s Sensex recorded the 3rd highest single-day gain of 817.49 points for the duration of the current calendar year, taking the index from 16,949.14 on Wednesday to 17,766.63 points […]
January 30, 2008 – 1:10 am
MUMBAI: The Reserve Bank of India’s (RBI) assessment not to slash interest rates has spooked real estate business facing the brunt of a housing business slowdown caused by the high cost of mortgage financing. RBI, on Tuesday, decided to keep interest rates unchanged in its third-quarter monetary policy review. Real estate companies were expecting a […]
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