December 29, 2008 – 7:50 am
The housing ministry has offered a veritable bonanza for first-time house buyers in the low and middle income groups, suggesting tax breaks, cap on prices and freeze on interest rates. It has also suggested a one-time debt-restructuring for realtors. Keeping the middle class vote bank in view, the government wants to benefit the urban lower […]
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Posted in Property News
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Also tagged Bonanza, Debt Restructuring, Dwelling Units, First House, Fiscal Years, General Elections, Housing Loan, Housing Ministry, Hudco, Manufacturing Sector, Middle Income Groups, National Housing Bank, Ongoing Projects, Pmo, Real Estate Sector
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December 23, 2008 – 5:26 am
MUMBAI: “We do not want charity. We will construct our own houses”. Repeating this refrain, crusaders of middle income housing are pushing their demand of implementing the government rule (GR) of 1983 that promises allotment of plots for construction of affordable group housing. According to the GR, the state enables housing societies to construct homes […]
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Posted in Property News
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Also tagged Abhiyan, Chief Minister, Deshmukh, Financial Meltdown, Follow Ups, Goregaon, Government Rule, Gyani, Housing Society, Housing Trust, Hunger Strike, Joshi, Limited Supply, Maidan, President Of India, Real Estate Slump, Trust Members, Vinayak, Zail Singh
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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 […]
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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, Housing Projects, Income Group, Maximum Interest Rate, Mumbai Market, Nashik, Public Sector Banks, South Asia, Virar
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December 13, 2008 – 3:56 am
DLF Ltd has cut its current fiscal deliverable targets by about 33% following the deterioration in the housing and commercial property market. The company is now expecting to deliver 15 million square feet against a guidance of 22-24 million square feet at the beginning of this fiscal. It has completed about 7 million square feet […]
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Posted in Property News
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Also tagged Commercial Hub, Connaught Place, Estate Projects, Hyderabad, Indore, Kochi, New Delhi, New Projects, Panchkula, Ramesh, Realtor, Segment, Slump, Verticals
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October 2, 2008 – 11:40 pm
New housing project launches in the national capital region (NCR) slumped by 20% during January-June 2008. This is explained by the slowdown in demand due to appreciation in real estate prices and rising interest rates for borrowers. The first half of this year also saw a marked shift in developers’ strategy towards mid-income houses, as […]
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Posted in Property News
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Also tagged Absorption, Borrowers, Cagr, Developers, Estate Projects, Housing Project, Housing Units, National Capital Region, Ncr, Property Consultancy Firm, Real Estate prices, Residential Supply, Resistance, Rising Interest Rates, Segment, Slowdown, Slower Pace
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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 […]
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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, Housing Projects, 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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