RBI decisions to hike two key policy rates are expected to affect stocks of companies from sectors like banking & financial services, and real estate more than any other sector since these sectors are more vulnerable to higher interest rates than others . However, given that most stocks from these sectors are already badly hammered [...]
By Rajani
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Posted in Property News
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Also tagged Allahabad Bank, Auto Sector, Bank Of India, Excessive Speculation, Home Loan Rates, Inflation, Interest Rate, Money Interest, Religare Securities, Silver Linings, Slowdown, Stockbroking, Stocks Market, Union Bank, Union Bank Of India
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Higher rate of returns in real estate investments in India, projects that comply with international standards, greater affordability, apart from emotional reasons like ‘owning a piece of homeland’ were driving the NRI segment growth in the real estate sector in the India.
“Ma, is Chennai like New Jersey”, asks a little toddler in a catchy overseas [...]
By Rajani
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Posted in Property News
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Also tagged Advertisement Campaign, Contemporary Designs, Current Market, Indian, Investing In Property, Leading Property, Leading Real Estate, Little Ones, Market Trend, NRI, Porches, Property Portal, Real Estate Investments, Returning Home
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At a time when the real estate sector is hard-pressed for funds, the real estate mutual funds (REMFs) are yet to take off, in spite of being granted permission 3 months ago. This is due to unclear rules about their tax treatment.
REMFs, which were touted as key instrument enabling retail investors to take part in [...]
By manish
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Posted in Property News
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Also tagged Capital Gains Tax, Debt Funds, Direct Taxes, Dividend Distribution, Estate Assets, Exchange Board, Finance Ministry, Income Tax Act, Income Tax Act 1961, Mortgage Backed Securities, Mutual Funds, Realty Companies, REMF, Retail Investors, SEBI, Tax Incentives
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Unitech International Real Estate Fund is learnt to have raised $300 mn which will be deployed in Unitech’s residential projects. The new fund will help the country’s second-largest, listed developer tide over the liquidity crunch dogging almost all real estate firms.
A senior Unitech executive, who didn’t wish to be named, told that an European pension [...]
By manish
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Posted in Property News
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Also tagged Dlf, Finance Model, Free, Housing Sales, Independent Fund, Japanese Bank, Largest Realty, Management Arm, Realty Advisors, Realty Firms, Residential Projects, Unitech
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The down ward trend of real estate market price is going down, the housing finance is facing a squeezed condition. Now the Banks have increased the contribution limit of the developers from 25% to 30%.
With the correction of prices in the real estate sector, commercial banks have become choosy in lending. They have become more [...]
By manish
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Posted in Property News
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Also tagged Apex Bank, Bank Of India, Commercial Banks, Commercial Real Estate, Finance Market, Finance Rate, Housing Finance Market, Immovable Property, Prudential Norms, State Bank, State Bank Of India
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Real estate developers like Lodha, DLF, Unitech and Raheja have begun ramping up their presence in Business school campuses in the past two years in a move to have a more professional image. The move coincides with the growing interest of business school graduates in the real estate sector.
The real estate firms have sold promising [...]
In a move that could help curb hotel room crisis ahead of Commonwealth Games 2010, the government is considering relaxing entry restriction for foreign players in construction of hotels and resorts. It is looking at a suggestion to bring down minimum development rule of real estate from existing 50,000 sq feet to 20,000 sq feet [...]
By manish
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Posted in Property News
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Also tagged Ahuja, Arcades, Cabinet, Commonwealth Games 2010, Dipp, Entry Norms, Foreign Investment., High Interest Rates, Hospitality Sector, Indian Hospitality, Influx, Investment Commission, Real Estate
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India received a massive $20.8 billion of foreign investment in energy, services, construction and real estate sectors during the last four financial years as high economic growth lured multinational companies to set up or expand operations. The services sector witnessed the biggest spurt in foreign direct investment (FDI) flows, from $444 million in 2004-05 to [...]
By Rajani
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Posted in Property News
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Also tagged Construction Sector, Domestic Investment, FDI, Foreign Direct Investment, Foreign Investments, Foreign Investors, Industry Minister, Kamal Nath, Mega Power, Natural Gas Sector, Power Plants, Real Estate Sectors, Telecom Sector
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The latest battle in the real estate sector has started taking a toll. Almost all large developers are now facing a severe cash crunch and finding it difficult to complete their ongoing projects. In fact, the situation is so bad that most of them have reported a 50-70% cash shortfall. Industry sources said that the [...]
Alok Industries, the Rs 2,200-crore Mumbai-based textile firm, has resumed talks with private equity players to dilute about 20 percent equity it owns in its unlisted unit, Alok Infrastructure. A realty company, Alok Infrastructure has been looking at options to raise around Rs 600 crore for developing its large land bank, said sources.
Alok Industries plans [...]
By manish
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Posted in Property News
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Also tagged Alok Industries, Commercial Real Estate, Global Research, India Real Estate, Panvel, Private Equity Deal, Private Equity Firms, Realty Company, Retail Real Estate, Silvassa, Stock Markets
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The real estate sector has hogged the attention among favored investment avenues for a host of venture capital funds (VCFs) and foreign venture capital investors (FVCI) during the preceding fiscal. Amongst different sectors, together with IT and telecom, real estate alone attracted twenty percent of the total investments made by both VCFs and FVCIs during [...]
By manish
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Posted in Property News
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Also tagged Exchange Board, India, Investment, Investment Avenues, Last Investments, SEBI, Service Sector., Telecom, VCF, Vcfs, Venture Capital Investors
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Milestone Capital Advisors will raise a fund of ten billion rupees to invest in the real estate sector in tier-II and tier-III cities of Tamil Nadu (TN).
The amount would be raised from high net worth individuals and financial institutions.
This fund would be primarily used for the construction and development of low-cost and green housing and [...]
Setting a good example of how demand shapes supply, even in the real estate sector, a Kolkata-based developer had taken a decision to venture into unexplored territory with the city’s first luxury studio apartment block with full-service back-up.
The city-based Siddha Group will construct a sixty crore rupees dedicated block with three hundred fourteen luxury studio [...]
By manish
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Posted in Property News
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Also tagged Apartment In New York, Apartment Project, Construction, Construction Quality, Income Group, Kolkata, Low-Cost Housing, Luxury Studio Apartments, Property Consultant, Sanjay Jain, Studio Apartment
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After life insurance and property services, the $4.5-billion Old Mutual is planning to significantly increase its investments in the Indian real estate sector and plans to come up with four new funds that will invest One billion billion dollar each or more by 2015.
By manish
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Posted in Property News
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Also tagged Estate Investment Trust, India Real Estate, Investment Group., Life Insurance, Property Investments, Real Estate Investment Trust, Real Estate Investment Trust Reit, Retail Developers, Seed Capital, Shopping Centres, Tier Ii
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To make their project affordable, real estate developers are applying new techniques everyday. For example, tunnel form technique, table form technique, fly ash technique and so on.
NEW DELHI: The Munjal family, known for the two-wheeler business, is planning for real estate business. After announcing a tieup with the world’s largest commercial vehicle maker Daimler, the company has lined up major plans in the real estate sector that comprise developing residential townships, industrial parks, hotels, resorts and leisure centers all over the [...]
March 14, 2008 – 12:37 am
Vishal Retail is planning to enter real estate sector. Confirming this development Manmohan Aggarwal, CEO, Corporate Affairs, Vishal Retail told Business Standard that the new venture would be launched either in the second half of the current year or early next year.
He revealed that company is also planning to acquire 1 crore sq ft area [...]
March 12, 2008 – 12:21 am
Delhi-based Business Parks and Town Planners (BPTP) bagged a 95-acre commercial plot at Sector 94 in Noida for incredible Rs 5006 crore from the Noida authority. It is strategically located close to Delhi. It will be around 16 km from Connaught Place and around 10 km from south Delhi via the DND flyover.
February 19, 2008 – 6:29 am
According to industry body Assocham Real estate companies mopped up a large amount amount through early public offers on stock exchanges during 2007.V. Dhoot president of
Assocham chamber states that although high interest rates, the real estate sector remained buoyant during 2007 primarily due to the well-built underlying demand, aggressive marketing, entry of fresh players [...]
February 16, 2008 – 5:47 am
MUMBAI- THE US-based hospitality and real estate fund Walton Street Capital (WSC) has decided to invest Rs 1,000 crore in the booming Indian real estate market in 2008. It has already united with property developers for investing Rs 600 crore at the project level. These investments will be made in special purpose vehicles (SPV) floated [...]