According to the latest report by the Associated Chambers of Commerce and Industry of India, real estate investment in Uttar Pradesh has risen slightly. Uttar Pradesh saw real estate investment rising in the state, reports the Associated Chambers of Commerce and Industry of India. The apex body of industry has added that India as a […]
With the change in the management team, Surabhi Chemicals has decided to foray into real estate sector as well. The textile chemicals firm has bought land parcel in Nagpur for developing realty project. Surabhi Chemicals, one of the leading textile chemical developers, has signaled that they would enter real estate market by buying out land […]
Budget 2013 has proposed an increase in Tax deduction at source (TDS) rate by 1%. The revised TDS will be in force from June 2013. Slapping on the top earners, who demand for luxury housing units, Budget 2013 has proposed a revision of TDS by 1%. However the new revised TDS will be into force […]
First time home buyers are given a reason to be happier and more cheerful now. They will be given an additional benefit of Rs.1 lakh deduction for the interest rates for their home loans up to Rs.25 lakh. Though the new proposal included in the budget 2013-14, it will be applicable only to the first […]
The period, before the presentation of Budget 2013, was a period of expectations and promises. However most of the promises to the real estate sector were not included in the Budget 2013. Real estate sector had ‘invested’ a lot of hopes on the Union Budget 2013. The construction sector expected that the sector would be […]
February 18, 2013 – 7:39 pm
Once the Union Finance Minister has hinted on some special provisions for the affordable housing subdivision in the Budget 2013, home buyers look ahead with lot of hopes and dreams. Owning a home is always been a dream for everyone and in the same way they look at the yearly-budget for having some provisions that […]
February 14, 2013 – 5:20 pm
Realty sector hopes that upcoming budget by the Finance Minister will cut down the costs of finance for the construction boosting realty sector. As Finance minister is likely to announce the new Budget on February 28, realty players demanded that the cost of finance should be lowered for the construction sector. If the cost of […]
February 7, 2013 – 6:10 pm
Realty sector in India witnessed a deep fall in the investment by Private equity firms in 2012. Realty sector currently faces faded interest of private equity firms. A leading global accounting firm Grant Thornton reported that the private equity firms have lost their interest in the realty sector and infrastructure. In 2012 nearly $ 7.4 […]
Bangalore-based, Century Real Estate and the Indian Institute of Management Bangalore has signed an MoU for setting up the IIMB-Century real estate research initiative. The IIMB-Century Real Estate Research Initiative will focus on collecting data and conducting scientific, cross-disciplinary research on the Indian real estate sector that will be published in leading academic and practitioner journals, the […]
The much-awaited regulatory Bill for the real estate sector is still a long way off. The draft Real Estate Regulation Bill will not be tabled during the current session of Parliament, a senior official in the Ministry of Housing and Urban Poverty Alleviation has confirmed. For many years, the Bill was in making and was […]
The real estate sector in Bangalore has grown to a large extent in the past one year. In the year ahead, the city’s realty is expected to grow by 25 per cent as per the CREDAI estimation. “We are expecting the realty to grow by 25 per cent in the coming year. Last year too […]
Photo by Photos8.comIL&FS private equity is planning to increase its investment in infrastructure and Real Estate sector by the end of FY10. They announced to increase their investment from 660 million US dollars to 1 billion US dollars in the infrastructure sector. In the realty sector they already have investments of 1.6 billion US dollars. […]
By
|
Posted in Property News
|
Also tagged 1 Billion, Billion Dollars, Hcc, Infrastructure Sector, Investment Managers, Investments, Milestone, Private Equity, Real Estate, Real Estate Project, Reputation, Residential Space, Sectors, Segment, Stake, US Dollars, Vice Chairman
|
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 […]
Photo by thinkpanamaGlobal real estate giant IREO will invest 500 million dollars in various infrastructure projects in India. IREO is already one of the largest investors in the country’s real estate sector. The company currently has thirteen projects and is in the process of constructing an IT SEZ in Pune. The company has projects in […]
Real estate sector is always seen as backbone of Indian economy. This sector was ignored by investors for a long time. But now a days, it is the most favorable investment option in India. The popularity of real estate in India can be determined from the fact that to buy a piece of land in […]
January 3, 2009 – 3:07 am
Members from the Confederation of Real Estate Developers Association of India (CREDAI) will be meeting the RBI Governor D Subbarao next week to demand more Government support for the struggling real estate sector. The developers are likely to push for lower interest rates and restructured debt for the developers. Speaking to The Indian Express, Pradeep […]
By
|
Posted in Property News
|
Also tagged Confederation, Credai, Financial Institutions, Government Support, Home Loan Mortgage, Housing Schemes, Income Housing, Indian Express, Liquidity, Loan Borrowers, Moratorium Period, Mortgage Interest Rate, Parsvnath Developers, Pradeep Jain, Real Estate Developers, Real Estate Developers Association, Townships
|
December 30, 2008 – 12:19 am
Is this the right time to invest in real estate sector? Besides ones personal situation, the external factors that influence this decision are real estate prices and interest rates. On the interest rate front, market signals are positive. Most public sector banks have cut their benchmark prime lending rates by 0.75% to 12.5% effective January […]
By
|
Posted in Property News
|
Also tagged Anuj Puri, Buying A House, Current Market, External Factors, Finance Company, Genuine Need, Hdfc, Jones Lang Lasalle, Market Signals, Mortgage Finance, Personal Situation, Prime Lending Rates, Public Sector Banks
|
December 23, 2008 – 2:15 am
The Reserve Bank of India recently started approving applications from foreign venture capital investors (FVCI) that were kept on hold for a considerable period of time. While this led to some excitement among the applicants, it was short-lived. In what has surprised the venture capital firms, the approval letters issued by RBI to FVCIs provide […]
By
|
Posted in Property News
|
Also tagged Approval Letters, Bank Of India, Biotechnology Information, Chemical Entities, Employment Generation, Favorable Investment Environment, Foreign Direct Investment, Generation Capabilities, Growth Phase, Income Tax Act, Innovation And Technology, Investing In Real Estate, Poultry Industry, Reserve Bank Of India, Unnecessary Obstacles, Vc Funds, Venture Capital Firms, Venture Capital Investors
|
December 22, 2008 – 12:26 am
Mauritius-based Landmark Special Opportunities Company (LSOC) and Landmark Real Estate Fund (LREF) are picking up around 60% stake in Kolkata-based realty company Forum Ventures for close to Rs 100 crore, a person involved in the transaction said. The transaction involves issue of 10 crore fresh equity shares and transfer of the same to the two […]
By
|
Posted in Property News
|
Also tagged Crunch, Estate Projects, Eta, Forum Group, Forum Project, Holding Company, Investments, Landmark Real Estate, Lsoc, Real Estate Lease, Realty Company, Rental Property Management, Sector Forum, Stock Market, Subco
|
December 16, 2008 – 2:33 am
The Union government’s recently announced stimulus package, coupled with the Reserve Bank of India’s (RBI) move allowing banks to provide special treatment to the real estate sector are likely to change the fortunes of Indian real estate sector, which has been struggling to survive for the past six months. Monday’s interest rate cut on housing […]
By
|
Posted in Property News
|
Also tagged Accruals, Bank Of India, Excise Duty, Housing Loans, Industry Officials, Land Banks, Land Parcels, Liquidity, New Highs, Policy Initiatives, Priority Sector, Reserve Bank Of India, Stimulus Package, Union Government, Value Loans
|
December 9, 2008 – 5:41 am
Transparency in real estate sector seems to be improving. According to the Jones Lang LaSalle – 2008 Real Estate Transparency Index, India now holds the 50th position out of 82 markets globally. Countries are grouped into bands such as Highly Transparent (Tier 1) and Opaque (Tier 5). India has moved up from Tier 4 (Low […]
November 21, 2008 – 12:01 am
Real estate companies seem little inclined to listen to the government’s call to reduce prices. Even as realty firms such as DLF, Parsvnath and Emaar MGF demand rollback of taxes, they are reluctant to commit any price cut. An association of developers, Confederation of Real Estate Developers Association of India (Credai), has asked member developers […]
By
|
Posted in Property News
|
Also tagged Confederation, Credai, Delhi Chapter, Economic Sentiment, Emaar Mgf, Home Buyers, Parsvnath Developers, Pradeep Jain, Real Estate Developers, Real Estate Developers Association, Realty Cos, Realty Firms, Residential Market
|
November 18, 2008 – 3:44 am
Unitech repays Rs 200-crore loan to Indiabulls Financial Real estate player Unitech has managed to raise around Rs 200 crore through partial monetisation of assets and internal debt restructuring within the group to pay back the 45-day debt taken from Indiabulls Financial Services (IBFSL). The deadline to pay back the debt was November 17. Sources […]
By
|
Posted in Property News
|
Also tagged Assets, Avenues, Bombay Stock Exchange, Collaterals, Debt Restructuring, Escrow, Gurgaon, Home Loan Rates, Indiabulls Financial Services, New Delhi, Private Equity, Real Estate Developers, Saket, Slowdown, Unitech
|
November 17, 2008 – 4:31 am
It seems that the Reserve Bank of India’s move to ease lending to real estate hasn’t augured well with the banking sector. The apex bank effectively reduced the tax on lending to the real estate sector, which means banks can now more freely lend to the realty sector. Considering the slump in the real estate […]
By
|
Posted in Property News
|
Also tagged Apex, Apex Bank, Assembly Election, Axis Bank, Bank Of India, Banking Sector, Cfp, Dips, Global Markets, Icici Bank, Npas, Obscurity, Private Sector Bank, Reserve Bank Of India, Respite, Sensex, Slump, Sop, Union Bank
|
November 10, 2008 – 12:22 am
The real estate sector in India may have seen its best time for the next several decades. The real estate markets now heads downward, as people cannot make their mortgage payments. OP Bhatt, chairman of State Bank of India (SBI), the country’s largest bank, expects 50% correction in the housing sector prices in the country. […]
By
|
Posted in Property News
|
Also tagged Bank Of India, Banking System, Best Time, Credit Crunch, Global Banking, Metropolis, Mortgage Markets, Mortgage Payments, Mumbai, Paradigm Shift, Residential Mortgage, Residential Sectors, Sbi, State Bank, State Bank Of India, Subprime Mortgage Market
|
Latest Properties