Tag Archives: Thane

HCC’s new townships on hold

October 25, 2008 – 2:56 am

Given the current turmoil in the market and subsequent impact on real estate, Hindustan Construction Company has decided to put on hold its planned townships in Pune, Nasik and Thane. Land acquisitions for these projects have been deferred for now given the high interest rates and low liquidity in the market.
HCC will focus more on [...]

By Rajani | Posted in Property News | Also tagged , , , , , , , , | Comments (1)

Freebies fail to attract home buyers

October 23, 2008 – 5:38 am

Home buyers appear to be waiting for a ‘crash’ in realty prices. Offers such as, waiver of stamp duty and registration charges, free lifestyle home or modular kitchen and free parking, have failed to boost home sales.
Unless developers are willing to reduce prices by at least 25-40% to affordable levels, home buyers are likely to [...]

By Rajani | Posted in Property News | Also tagged , , , , , , , , , , | Comments (1)