August 21, 2008 – 5:09 am
Realty slowdown is delaying delivery of homes. Several developers have postponed execution of their housing projects as funds become scarce, demand softens and raw material prices rise. While some others are deliberately delaying projects in order to reduce supply as demand weakens.
Several projects across the country are getting delayed as developers aren’t able to generate [...]
By Rajani
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Posted in Property News
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Also tagged Buyers Realty, Constraint, Construction Work, Cost Of Debt, Delaying Execution, Dream Homes, Gaursons, Government Sanction, High Interest Rates, Housing Projects, Housing Units, Manoj, Raw Material Prices, S Central, Sanjay, Slowdown, Unavailability, Wakefield, Work Projects
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With companies, particularly in the IT and BPO industry, holding back their expansion plans due to slowdown fears, the commercial real estate market posted a lackluster show in the 2nd quarter of 2008.
The June quarter saw office space demand lagging far behind the supply levels of 18.07 million sq. ft. across major cities, as companies [...]
By manish
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Posted in Property News
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Also tagged Central Business District, Chennai, Commercial Real Estate, Cushman & Wakefield, Excess Supply, Ncr, noida, Office Space, Rajiv Gandhi, Rental Values, Slowdown, Space Market, Wakefield
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Indian companies picking up stake and buying out foreign businesses . Not only Indian Inc, but Indians are also showing their interest towards foreign destinations for second home. At the time when the Indian economy is struggling to get hold of the rising inflation, many of the rich Indians are actually busy fussing over and [...]
By Rajani
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Posted in Property News
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Also tagged East Malaysia, Global Stage, Home Analysts, Indian Economy, Indian Government, Investment Destinations, Malaysia, NRI, Personal Allowance, Singapore, Sydney Melbourne, Transaction Services
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With bank credit drying up and private channels of funding getting expensive, several small developers are attempting to mop-up funds from retail investors by offering them a 12% guaranteed return for 5-9 years. Under the scheme, a retail investor has to buy a minimum area in the project and make an outright payment.
Delhi-based Piyush group, [...]
By Rajani
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Posted in Property News
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Also tagged Amit, Bank Loans, Borrowings, Capital Markets Group, Goyal, Jmd, Lakh, Minimum Investment, Piyush Group, Private Channels, Retail Investor, Sandeep Singh, Wakefield
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