Tag Archives: Residential Units

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 the [...]

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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 residential [...]

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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 70% [...]

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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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