Hyderabad Real Estate to Get Luxury Oriented Smondo From Patel Group (Image Source )
Mumbai-based Patel Engineering Limited plans to invest 75-Crore in two real estate township projects in Hyderabad. The Mumbai-based construction firm is specialized in hydropower generation and irrigation. Continue reading
Chennai Real Estate Seems to Be in Safer Hands. ( image source )
Chennai and Bangalore are two prominent South Indian cities which generate new business. Both the cities have witnessed a higher level of growth in the recent past yet Chennai real estate stands little higher.
Real estate sector in both these cities are growing very fast. Of course Bangalore might stand steps ahead regarding the maturity aspect. Market growth of Bangalore which preceded that of Chennai can be counted as the reason behind this. Continue reading
Residential Sales Faces Trouble Mainly from Surging Prices
Real estate builders normally foster residential sales by granting discounts. This is not seen in the present real estate situation. The real estate builders seem not willing to lower the prices at any cost. They point to the increased cost of production. Continue reading
Badshah of Bollywood Gets New Endorsement from Real Estate Firm (Image Sr.- flicker)
Endorsements always act as Extra Avenue of income for most of the Bollywood stars other than acting in films. Most of these endorsement deals bring a huge amount into their bank accounts. The rate of amount varies according to the rating of the star. Normally bigger stars get bigger amounts and it comes down in the order of hierarchy.
Latest of all Bollywood star endorsements is the SRK’s endorsement with an NCR based real estate developers Mahagun. Continue reading
Illegal Sand Mining in India causes environment troubles.
High pace developments taking place in the real estate industry causes high level land looting and illegal sand mining in Noida. Illegally mined sand is carried on to the construction sites on tractors. This has become a very common sight these days in Noida and Noida Extension. Continue reading
rbi decides to keep key policy rate
The Central bank of India said that it was the right time to lower the borrowing cost for real estate developers as well as home buyers.
Real estate apex body CREDAI has strongly expressed their disappointment over the RBI decision. CREDAI President Lalit Kumar Jain condemned the decision as entirely negative approach towards real estate. Continue reading
Own your home during this festive season for real estate
Festive season is always considered as the most suitable time for residential purchasing. Real estate Property exhibition held at Bandra-Kurla Complex concluded on Sunday. Continue reading
Useful Tips for Resale Property Purchase
Your decision to purchase resale property must be supported by your purpose of purchase. Your purchasing purpose is of greater priority and importance.
Probably when you consider purchasing a property to settle down, then you have to consider the proximity to office site, close educational institutions needed for your children’s education, and so on. The area’s growth is not as mattered highly as your convenience is. Continue reading
VAT Troubles Real Estate Builders
Real estate Builders remain unable to claim their tax provisions due to less transparency and poor records. The developers are still expected to pay the entire amount. Continue reading
“Environment Clearance Need to Be Faster” Says CREDAI.
CREDAI, the apex body of real estate developers demanded the government to speed up the eco clearance. The Confederation of Real Estate Developers Association of India requested the government to avoid “antiquated laws” in favor of urban development and housing.
CREDAI strongly supported a pragmatic and practical approach to meet the severe housing shortage. The apex body of the developers recommended all government departments and especially the Ministry of Environment. Continue reading
Upset.Real Estate Private Equity
Global Market Outlook reports that stiff natured liquidity causes greater troubles to the real estate PE firms. Stiff liquidity forces the PE firms to quit the real estate. Private Equity fund managers say that this situation is created by the higher transparency demand by the investors. Continue reading
Kejiriwal:one man crusader
Mr. Arvind Kejiriwal has a place in the minds of the people as staunch crusader against corruption. To set a political party for himself is seen as a fair movement from his side. He was knocking down many powerful politicians in the name of corruption. Continue reading
farmers’ cry against real estate exploitation
Industrial model township projects by the govt. in collaboration with the real estate developers turn out to be means for robbing the poor farmers. Chaudhary Devi Lal Industrial Model Township is an example. Continue reading
Gadkari and Purti Stumbles on Real estate scam.
Real estate scam allegations have been shaking the politics for a quite good while. Politicians find it hard to deal with Arvind Kejriwal and his political party India against Corruption (IAC). Continue reading
Sharad Pawar Gets Tainted
Mr. Sharad Pawar has been chosen as another popular personality to be stained with the real estate scam after Mr. Vadra. Mr. Pawar Nationalist Congress Party chief and union agriculture minister was accused of real estate scam by Mr. Y P Singh, an Ex-cop who narrated him as the center of real estate scam.
The same time Mr. Singh pulled out Mr. Arvind Kejriwal for being selective of the politician. Mr. Kejiriwal was accused of hiding information about the Maharashtra real estate scam. Mr. Singh added that Mr. Kejiriwal was exposed only against the BJP ‘s Nitin Gadkari by sparing Mr. Pawar.
Farmers’ Plea Authority Hears
Noida real estate builders had a deep breath as the Noida farmers have called off their strike. Earlier farmers had blocked the construction of many residential projects in Noida and Noida Extension. Continue reading
Commercial_Real-Estate
Demand for space in commercial real estate sector is reviving after the earlier setbacks in the primary quarters of the year 2012. Seven prominent commercial hubs of India showed a greater pace of growth in the third quarter of 2012. The third quarter which longs from July-to-September quarter, witnessed an A-Grade office space absorption by the major commercial real estate hubs on India. Continue reading
SC versus Sahara
Supreme Court, the Apex Court of India condemns SEBI over its light and soft dealings with Sahara Group. The the market regulator SEBI (Securities and Exchange Board of India), is invested with the duty of protecting the investors’ interests in securities. SEBI, through appropriate regulations, promotes the development of the securities market.
Supreme Court of India said that SEBI has failed in completing the Court’s order against the Sahara Group. Later August 31 Order of SC demanded Sahara Group to furnish all documents which are related to investments of more than 24,000-crore. The Sahara Group has failed to implement this order. Continue reading
Save Power
Real estate space construction acquired an unprecedented rate of growth. Urbanization in the developing India accelerated the growth. Government’s reform agenda assures that it will continue to grow in the near future too. Besides the real estate growth, the infrastructure development too takes place. This is going to be alarming in the coming days. Continue reading
labour shortage hits real estate India.
The severe labor shortage is alarming the real estate builders. Most of the housing projects are not yet completed due to labor shortage. Recently there has been a tremendous increase in labor shortage. Continue reading
Terminated Deccan Chargers
Deccan Chronicle Holdings’ (DCHL) disclosed their plan to sell out their IPL franchisee. This seems to be a stepping stone to another real estate firm after DLF to the Indian Premier League (IPL). Mumbai -based well known real estate firm Kamla Landmarc is set to try its luck in cricket. Continue reading
Enlightening Festive Season
Confederation of Real Estate Developers Association of India – CREDAI expressed their hope of 20 percent improvement in the housing sales. This improvement will be mainly in the major cities of India. Smaller cities always remained unaffected by the interest rates. Continue reading
real estate: Best option of investment in India.
Despite the price hike of Gold and silver, real estate claimed the top spot among the preferred choices for investment in India. Respectively both gold and silver reached the second and third spot. According to survey of PHDCCI which was conducted among the investors, Real estate was voted as the most preferred choice of investment. Continue reading
Halted Noida Real Estate
Noida real estate construction particularly some residential projects, received a stay from the Allahabad high court. Considering the petition of over fifty farmers from Sarfabad village, a neighboring village of Noida Allahabad high court gave the verdict. As per the stay residential projects which spread over six hectares of land in Noida Sectors 120 and 75 will be standing still. Continue reading
Uninor Will Be No more.
Unitech, one leading real estate developer with its sign up with Telenor (TEL.OL) a Norwegian telecoms group had stepped into the telecom services in 2008. On the other hand Telenor aims at setting out a new plan to carve a niche for them in the subcontinent. The Norwegian group also aims at secure a stand ahead to the scandal over the award of operating licenses. Continue reading
