Tag Archives: Stock Market

Buying home becomes affordable

January 5, 2009 – 4:27 am

The wish of millions of middle-class Indians to own a home remained just a pipe-dream as soaring prices and builders’ keenness to focus on exclusive gated communities shut them out of the market.
It could change because bank loans become cheaper. More middle-class Indians can hope to get a step on the housing ladder in 2009. [...]

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Mauritian firms to buy 60% in Forum Ventures

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 Mauritius [...]

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Retailers Eye Lower Rentals, Freeze Expansion

July 10, 2008 – 5:30 am

The real estate market is increasingly behaving like the stock market these days. Just like buyers on the Street are putting off their purchases in anticipation of the market falling further, a sluggish real estate market is prompting retailers to postpone expansion plans on hopes of lower rentals. Some are even renegotiating rates for retail [...]

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