Tag: Residential Units

Economy and Realty in the Month of March 2012.

April 14, 2012 – 6:36 pm

The report highlights the revised service tax and its impact on the consumers, the deduction in TDS and the current scenario of the External Commercial Borrowing (ECB) apart from its emphasis on the Chennai Realty Market. Following are the key takeaways of the report: – Chennai leads the market in terms of number of units […]

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Residential Complex At AIIMS Patna

August 8, 2008 – 4:58 am

Kolkata-based RDB Industries Limited, one of the foremost real estate company has informed that the Ministry of Health & Family Welfare, Government of India, have granted a tender in favor of the Company for setting up Residential Complex at AIIMS Patna, the projected value of which is thirty crore rupees. RDB Industries Limited works in […]

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Inflation Affecting Real Estate Prices

August 7, 2008 – 1:22 am

With inflation touching 12.98%, realtors here are finding it difficult to hold their price line and plan to increase rates for residential units by Rs 100-500 per sq ft later this month. According to Confederation of Real Estate Developer’s Associations of India (Credai) Bengal, there has been a 25% increase in the construction cost of […]

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Red Fort Plans Investment Of 2700crs

February 1, 2008 – 11:58 pm

Private equity firm Red Fort Capital preparing to spend about Rs 2,700 crores in real estate by 2009, including acquisition of 2,500 acres of land in over 20 cities all over the country. “By 2009 we would have empowered about Rs 2,700 crores in expansion of projects in Indian real estate. Out of which, about […]

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RBI’s judgment has spooked real estate cos

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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