December 19, 2008 – 1:27 am
The Pune Municipal Corporation has announced 50% reduction in premium charges for small housing units.
Municipal commissioner Mr. Pravinsinh Pardeshi said that to promote low cost housing, we have decided to offer 50% reduction in premium charges for housing units with an area of less than 50 square meter. For units with area between fifty to [...]
By rajani
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Posted in Property News
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Also tagged Average Income, Big Houses, Brunt, Civic Body, Concession, Concessions, Construction Proposals, Development Charges, Estate Business, Housing Units, Locality, Low Cost Housing, Municipal Commissioner, Pune Municipal Corporation, Recession, Small Houses
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December 16, 2008 – 2:33 am
Home buyers looking for flats on the outer fringes of Mumbai and other cities like Nashik and Pune will benefit the most from the reduction in the interest rates by public sector banks on Monday.
Public sector banks announced that home loans up to Rs 5 lakh would be given at a maximum interest rate of [...]
By rajani
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Posted in Property News
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Also tagged Boman Irani, Cb Richard Ellis, Confidence Level, Confidence Levels, Drawing Board, Home Loan Interest, Home Loans, Income Group, Income Housing, Maximum Interest Rate, Mumbai Market, Nashik, Public Sector Banks, South Asia, Virar
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November 3, 2008 – 1:21 am
The city is unlikely to see any new housing project coming up soon as the screws turn on the property market. Last month, Mumbai’s leading developers met and discussed the possibility of not launching new residential projects considering the slowdown, sources said.
“New projects are not viable, sales are slow and buyers are sitting on the [...]
October 2, 2008 – 11:37 pm
Last week, at Mumbai’s Grand Hyatt Hotel, leading city-based real estate developers were closeted in an hour-long meeting. The agenda: to discuss ways to counter the slump in home sales which has persisted for almost an year now.
The outcome: The bitter realization that the Indian developer has limited options before him to attract buyers. The [...]
By rajani
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Posted in Property News
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Also tagged Conclusion, Consumers, Flexible Rates, Grand Hyatt Hotel, India, Interest Rates, Kotak Securities, Mismatch, Mumbai, Participant, Profits, Real Estate Developers, Realty Market, Residential Markets, Residential Prices, Slump
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August 25, 2008 – 7:50 am
Investors who want to take advantage of growth in the domestic real estate sector can draw strength from DLF’s impeccable delivery record and scale of operations.
A prominent player in the National Capital Region (NCR), DLF is the largest listed realty company in India. Besides being present in homes, offices and shopping mall segments, it has [...]
By rajani
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Posted in Property News
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Also tagged Asset Portfolio, Commercial Projects, Compound Annual Growth Rate, Delivery Record, Economic Zones, Income Housing, Land Reserves, Phenomenal Growth, Portfolio Business, Premium Price, Product Portfolio, Real Estate Sector, Realty Company, Residential Projects, Retail Projects, Star Performers
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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, Cushman, Delaying Execution, Dream Homes, Gaursons, Government Sanction, High Interest Rates, Housing Units, Manoj, Raw Material Prices, S Central, Sanjay, Slowdown, Unavailability, Wakefield, Work Projects
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August 11, 2008 – 12:34 am
South-based Jain Housing and Constructions have launched its two mega residential ‘Carlton Greek’ projects.
Company’s CEO Vijay Kumar Managing Director Sundeep Mehta said that company will construct 1,120 apartments in two phases investing Rs 950 crore.
He said that the project would be completed by 2011. The company’s last year turnover was Rs 280 crore with profit [...]
By rajani
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Posted in Property News
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Also tagged Apartments, Constructions, Elegance, Grandeur, Investing, Managing Director, Mehta, Pleasing Balance, Residential Projects, Turnover, Vijay Kumar
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Touted as a entrance to Rajasthan, Bhiwadi, falling in Alwar district and bordering Haryana is a key industrial growth centre in the NCR with over 2500 operational industries. Bhiwadi enjoys huge location advantage with IGI Airport, New Delhi, just fifty five kilo meter away and Gurgaon forty kilo meter away. Being close to Delhi and [...]
By admin
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Posted in Property News
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Also tagged Bhiwadi, delhi, Gurgoan, Haryana, Housing Scheme, Industrial Corridor, Manesar, Mumbai, Parsvnath, Real Estate Boom, Real Estate Developers
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Private equity real estate firm, Red Fort Capital, is planning to invest Rs 3,500 crore in various real estate projects in the country.
“We will be investing Rs 3,500 crore in various real estate projects in different parts of the country during the next two-and-a half years,” the company’s Director, Parry Singh, said.
The company is in [...]
By admin
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Posted in Property News
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Also tagged Capital Planning, Development Projects, Estate Projects, II and III cities., Institutional Investors, Land Acquisition Development, Low Cost Housing, Real Estate Firm, Red Fort, Sales And Marketing, Tier I
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February 18, 2008 – 9:00 am
Red Fort Capital Advisors has planned to bring in an additional $500 million in the next two years. It is a well known international private equity firm. The firm is considering upon its portfolio into growth sectors like logistics, especially the warehousing in the near term. It has $425 million real estate investment focused fund [...]
