Tag Archives: Affordable Housing

FIRE Capital To Invest In Affordable Housing

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 diligence [...]

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

Real Estate Industry Predict Growth

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 [...]

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

Golden Gate Bets On Low-Cost Housing

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 Thursday [...]

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

Omaxe To Enter Into Mauritius Real Estate

June 30, 2008 – 12:51 am

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 by [...]

By Rajani | Posted in Property News | Also tagged , , , | Comments (0)

Deepak Parekh Proposes Real Estate Regulator

June 18, 2008 – 12:03 am

HDFC chairman Mr. Deepak Parekh has advocated the need for a real estate regulator in an attempt to protect the interest of property buyers in the country.
In his letter to HDFC shareholders, Mr. Parekh has written, “The real estate sector has been growing rapidly and is a sensitive sector given its strong inter-linkages to other [...]

By Rajani | Posted in Property News | Also tagged , , , , , , , , , , | Comments (2)

Sharp Rise Is Possible In Mhada Flat Cost

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 [...]

By Rajani | Posted in Property News | Also tagged , , , , , , , , , , | Comments (0)