Single window clearance is likely to be implemented soon. The housing ministry plans to present the single window clearance in the cabinet. New Delhi: Housing ministry has been seeking options to bring down the property prices. However once the Economic Survey 2013 reported that slow paced clearance is a reason that shoots the property prices […]
Realty sector blamed budget 2013 for not implementing any sort of real estate reforms. Industry had expected the budget to implement some reforms to boost the sector. Now the real estate sector could be divided well into two phases; the first that of hopes and expectations and the second that of despairs and unhappiness. It […]
January 30, 2013 – 6:36 pm
Global real estate consultant Knight Frank reported that the realty market of Hyderabad, compared to all metros of India, is the most affordable one. There has been a steady increase in the number of new launches in all the metro-cities of India. However Hyderabad had more number of residential projects launched in the middle and […]
Finance Minister Pranab Mukherjee going to present the Union Budget 2012 which is expected to provide relief in terms of policy reforms with the real estate sector of the economy coming under repeated credit pressures owing to high interest rates for borrowing. Experts say that the real estate sector needs government support as well as further stimulus […]
By skgupta
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Posted in Property News
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Also tagged Central Government, Finance Minister Pranab Mukherjee, Financial Institutions, founder and chief executive officer at Prop Equity, High Interest Rates, Industry status, liquidity crunch crisis, Real Estate Companies, Real Estate Sector, Realty Experts, Samir Jasuja, Union Budget 2012-13
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December 15, 2010 – 4:26 pm
Affordable housing continues to be an elusive dream, in terms of supply and implementation of affordable housing schemes. National Urban Housing and Habitat Policy (NUHHP) defines affordable house as, dwelling unit having super built-up area not less than 300 square feet for Economically Weaker Sections, 500 square feet for Lower Income Group and between 600 -1,200 […]
August 11, 2010 – 11:44 pm
In order to provide affordable housing to the Economical Weaker Sections (EWS) of society, MHADA, The Maharashtra Housing and Area Development Authority plans to buy land at market price and develop some houses. Gautam Chatterjee, Vice-President and Chief Executive Officer of MHADA stated in a conference that MHADA is lacking in land due to which […]
August 10, 2010 – 11:01 am
Friday evening was a landmark in Indian Real Estate market history since the biggest real estate deal took place. National Textile Corporation (NTC) sold Bharat Mills spread over eight acres at Worli for an extreme price of Rs. 1505cr, i.e. Rs. 188 cr. per acre. The top bidder was Indiabulls followed by Lodha who lost the […]
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Also tagged Bharat Mills, bidders, Indiabulls, Landmark, lodha, market history, national textile corporation, Oberoi, peninsula, podar, State government, Tata, textile mills, videocon, Worli
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Affordable housing is an unquestionable concept. The buyers and their service providers learnt a lot from the sudden growth of Indian economy and the recession which followed it. It was a miserable condition for buyers when the annual GDP growth rate hit double digits. Be it be a vehicle or a house, an essential or […]
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Also tagged Banks, Gdp, gdp growth rate, houses, Housing Market, Indian Economy, Investors, Loans, pillar, ray of hope, Realty Market, Recession, Residential Realty, service providers
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After the locations called Raj Nagar Extension, Mayur Vihar Extension, now its Noida’s turn to stretch itself and the name given to this stretch is Noida Extension. There are large numbers of upcoming projects here located adjacent to Noida’s Sector 121. These face the Noida-Greater Noida Link Road. It is expected that within next three […]
April 21, 2010 A really interesting question rising up these days is that is affordable housing taken seriously by our policy planners and key stakeholders? Now-a-days, talking and discussing affordable homes has become a fashion, including those who were not as such associated with realty sector. But when enters the term ‘affordable homes’, one must […]
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Also tagged Advocate, Affordable Homes, Affordable Housing: How Law and Policy can make it possible, Arun Mohan, Bank finance, Conclusion, Home Loans, Informal Sectors, Keen Analysis, Money, policy Planners, Population, Stakeholders
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March 27, 2010 – 10:55 am
March 26, 2010 Towards the end of 2009, remarkable appreciation in values has been observed by the residential markets across big cities of India. Report by Wakefield and Cushman informed that in the two key residential markets in India, Mumbai and NCR, this trend is most prominent. In these areas, as compared to the same […]
November 9, 2009 – 5:37 pm
Photo by Carlos Lorenzo Jaiprakash Associates (Jaypee Greens) have announced the launch of their new project “Jaypee Greens Sports City”, a luxury township with residential and sports facilities, near the Taj Expressway (connecting Greater Noida to Agra). “The Sports City is positioned for everyone who appreciates luxurious surroundings and spaces equipped with sports and recreational […]
By admin
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Posted in Property News
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Also tagged Announcement, Developers, Flats, Greater Noida, Jaiprakash Associates, jaypee, Jaypee Greens, Jaypee Greens Sports City, Luxury Apartments, noida, Project Launch, Residential Flats, Residential Project, Sports City, Taj Expressway
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September 12, 2009 – 3:45 pm
The government is preparing guidelines for the participation of PE funds in housing sector under the Rajiv Gandhi Awaas Yojana. The scheme aims to make a slum-free India in five years with construction of over 10 lakh houses. The government wants to connect with private funds to provide affordable housing to millions of households under […]
January 5, 2009 – 4:27 am
The ministry of housing is considering a proposal that may allow home owners to add extra floor beyond prevailing norms on their existing properties by paying a fee to the local body. The money will be used for providing affordable housing to the economically weaker section. The proposal is based on the recommendations of the […]
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Also tagged Civic Amenities, Development Ministry, Enactment, Existing Properties, Gdp Growth, Habitation, Housing Ministry, Housing Shortage, Ministry Of Housing, Norms, Real Estate Management, Regulatory Agency, Resettlement, Slum Dwellers, Squatters, Undue Pressure, Urban Housing
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December 3, 2008 – 1:51 am
Thanks to a variety of witty presentations explaining financial woes afflicting the US via e-mails, everyone today is an “expert” on sub-prime;everyone is risk-averse and everyone who is not affluent is seen as “high risk” and deemed by most as “sub-prime.” But, there are fundamental differences, both in the economic situation and the customer segment […]
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Also tagged Annual Salary, Credit Histories, Customer Segment, Economic Situation, Financial Woes, Home Loans, Housing Market, Indian Population, Indian Scenario, Loan Entitlements, Real Estate Boom, Repayments
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November 24, 2008 – 7:05 am
Property prices within the metropolitan areas of Delhi, Bombay, Hyderabad and Bangalore have seen massive growth in recent years and prices in some areas are considered to be excessive. But, outside this golden circle, in cities such as Mohali in the foothills of the Himalayas and in the boom town of Rudrapur, in neighbouring Uttar […]
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Also tagged Boom Town, Cb Richard Ellis, Cbre, Commonwealth Games, Credit Crunch, David Stanley, Delhi Development Authority, Emaar MGF, Global Financial Markets, Hamptons, Himalayas, Hyderabad, Income Earners, Indian Universities, Investment Scenario, Investment Volume, Investor Demand, Jorgenson, Landmark Address, Massive Growth, Mohali, New Jobs, Northern India, Realty Market, Redfern, Residential Developments, Royal Institution, Rudrapur, South Goa, Uttar Pradesh, Western Style
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November 18, 2008 – 3:44 am
Unitech, the country’s second-largest listed real estate company, has put on the block all its six hotel projects under construction to reduce its capital expenditure and raise cash to fund its other ongoing projects. The company is in talks with a few private equity investors to sell all its six properties, being constructed at Gurgaon […]
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Also tagged Capital Expenditure, Crore, Development Sector, Divestment, Economic Scenario, Economic Summit, Estate Assets, Finance Market, First Hotel, Gurgaon, Hospital Chains, Hotel Business, Hotel Project, Hotel Projects, Hotel Properties, Housing Finance Companies, Housing Loans, Housing Market, Mahindra And Mahindra, Mahindra Group, Mid Market, Mr Chandra, New Houses, Ongoing Projects, Private Equity Funds, Private Equity Investor, Private Equity Investors, Rs 250, Target, Tie Ups, World Economic Forum
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November 14, 2008 – 3:43 am
Declining sales, high interest rates, paucity of funds and global economic slowdown have badly impacted the real estate sector which is witnessing not only sudden slump in demand but also is at the receiving end in the stock market. Freebies in the shape of luxury sedans, offers of foreign trips, 15%-20% discount or deferred payments […]
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Also tagged Deferred Payments, Fears, Fillip, Freebies, Global Economic Slowdown, High Interest Rates, Hurdle, Luxury Sedans, Managing Director, Paucity, Pradeep Jain, Real Estate Sector, Realtors, Recession, Scarcity Of Land, Sentiment, Slump, Stock Market, Target, Tier II
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October 3, 2008 – 11:26 pm
As affordable housing is becoming the new mantra for real estate developers, the concept is attracting a lot of attention from the real estate funds fraternity. The $250-million First Indian Real Estate (FIRE) Capital Fund Ltd is making its first deal in the segment. According to industry sources FIRE Capital is currently in the due […]
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Also tagged Ahmedabad, Due Diligence, East India, European Markets, Housing Project, Industry Sources, Mantra, Permutations And Combinations, Real Estate Developer, Real Estate Developers, Realty Fund, Ticket Size, Tier II, Venture Capital Fund, Venture Fund, West Bengal
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September 4, 2008 – 4:55 am
Affected by slowdown and reported corrections in prices, the country’s real estate industry predict growth in the long term despite costly home loans and lack of funding for realty projects. According to a most recent study by Ernst & Young and FICCI on the country’s real estate scenario, about 62% of the respondent developers expected […]
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Also tagged Consensus, Current Projects, Delivery Mechanisms, End Users, Ficci, Geographies, Home Loans, Hospitality Industries, Investment Activity, Land Values, Mid Term, Mixed Reactions, Real Estate, Real Estate Sector, S Real Estate, Slowdown, Valuations
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August 25, 2008 – 7:52 am
Citigroup-backed Golden Gate Properties plans to invest close to Rs 2,000 crore over two years in affordable housing projects, a senior official said. The projects will be funded primarily through customer sales, apart from banks loans to the tune of Rs 500 and equity, Golden Gate managing director K Pratap said. The Bangalore-based developer on […]
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Also tagged Citigroup, Construction Techniques, Customer Sales, Deutsche bank, Golden gate, Golden Gate Properties, Housing Ministry, Housing Units, Income Groups, Low Cost Housing, Modern Construction, Quality Treatment, Southern Cities
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After success into Dubai, real estate player Omaxe is all set to enter the Mauritian property market with a plan to develop a fifty acre residential project. The Delhi-based company has identified a project of fifty acres and planning to develop a residential township there. The land for the township is probably to be provided […]
January 11, 2008 – 1:30 am
The state housing board, Mhada decides to raise the rate of sale flats in its various projects by double. The main goal of Mhada was to provide housing at reasonable cost and now Madha puts forward the issue for increase the going rates of its flats by almost 90%. Earlier, flat price was fixed on […]
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Also tagged Chandrasekhar, Construction Cost, Dna, flat, flat rates, Housing Board, Income Group, Land Acquisition, Mhada, Price Hike, state housing board
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