Category Archives: Property News

Indian Realty Prices May Return

Indian property prices, which had taken off jet appears to be losing altitude after bad debts because of their origin to the real estate reduced the U.S. financial market to its knees.
Market-men see prices cooling and projects are blocked because of lack of funds cheap, but do not expect the market crash.
The collection of funds [...]

US Financial Crisis Affects Real Estate Sector

The crisis in the US financial market will hit the Indian real estate sector hard. The sector was already reeling under tremendous pressure as RBI increased the interest rates to contain inflation, besides restricting the fund flow in it. Consultants said that in the present circumstances the real estate prices will go for a sharp [...]

Lehman Crisis May Pull Down Property Prices

Real estate prices are expected to soften further as the current global financial turmoil would force cash-starved builders to offer hefty discounts. The collapse of financial powerhouses like Lehman Brothers and the consequent liquidity problems will stop the inflow of fresh investments into India’s real estate sector.
According to analysts, the crisis, which comes at a [...]

Lehman Fall May Deepen Indian Realtors’ Credit Woes

Lehman Brothers’ bankrupcy is likely to cost Indian real estate. It may impact the financial major’s existing investments worth $500 million in realty firms, including DLF and Unitech, besides drying up another $500-million worth of potential investment which was expected to flow into Unitech’s Mumbai projects.
The news of Lehman’s collapse brought the BSE realty index [...]

Home Loan Rates May Increase

Home loan rates may have peaked, according to Deepak Parekh, chairman, HDFC, the largest housing finance company in the country. Interest rates are linked to inflation and there have been signs that inflation is moderating, said Mr Parekh.
“Interest rates are linked to inflation. If inflation is controlled, interest rates can also be contained. In the [...]

Parsvnath Bagged One More Project In Mumbai

Parsvnath Developers Ltd has declared that the they have won another project from Mumbai to develop a plot of land at Mahim Bus Station for commercial and residential utilization along with remodeling of existing bus station.
The project would give the Company a developable area of forty thousand square feet with a realizable value of approximately [...]

TDI Unveils TDI City In Mohali

TDI Infrastructure Limited (TDIIL), a premier real estate group has launched TDI City Mohali, Phase – II in the presence of S Sukhbir Singh Badal, Hon’ble MP & President, Shiromani Akali Dal. TDI City is a self sufficient integrated township, which will offer plots of various sizes along with beautifully designed villas and luxury apartments. [...]

Long Term Prospects Of Real Estate

With growing foreign investments in the country’s real estate market, long-term prospects of the sector look brighter, HDFC Chairman Deepak Parekh said.
“Long-term prospects of commercial real estate market continue to be positive owing to growing opportunities in sectors like healthcare, hospitality, logistics and education,” Parekh told reporters in Mumbai.
There is sufficient interest from foreign investors [...]

Golden Forest Land Set To Change Hands

In what could lead to one of the biggest land transactions in the country, the Supreme Court will hear on September 16 two companies who have put in bids to acquire the entire land assets of the infamous Golden Forest India (GFIL) which is under liquidation. These two companies are Vavasi Group promoted by National [...]

Eighth Indus India Property Exhibition Will Be Held In Doha

The eighth Indus India Property Exhibition will be held on 19 and 20 September at Giwana Ball room of the Ramada Plaza in Doha.
The exhibition will display some of the leading names in the Indian real estate sector. Some of the foremost builders and housing finance institutions from India would be taking part in the [...]