Tag: Indore

Will Property Discounts Persuade Takers?

Developers are up with some sort of property discounts to persuade ┬áproperty takers. This was more visible in Indore . Discounts are always considered as suitable means to attract the customers and this is true with the real estate sector as well. The builders attract home buyers through their property discounts. With the property discounts […]

Indiabulls ready to meet demands

Indiabulls Real estate has planned to use more than five hundred million dollars to launch projects at a time. This money is raised from a recent share sale. Mr. Gagan Banga, CEO, said that their aim is to launch 6-7 residential projects in this FY. He showed interest towards pursuing some large projects. Indiabulls is […]

DLF cuts target by a third due to property slump

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 […]

Housing demand falls 35% in smaller cities: Assocham

The demand in the housing sector fell by 35% in tier-II and tier-III cities in the first half of this fiscal due to the high cost of borrowings, says an assessment by an industry lobby. According to the assessment of Assocham, over 20 million people in about 25 tier-II and tier-III cities, who want to […]

Totem Infra To Expand Its Portfolio With Real Estate

Hyderabad-based Totem Infrastructure Limited is looking to expand its portfolio by adding real estate to its group of operations. It plans to build Rs 200-crore multi-use apartments in about 10 acre close to the outer ring road here. The company presently is executing infrastructure works relating to irrigation, power, railways and roads. Also, the company […]

Nirmal Lifestyle Plans To Develop 20 Townships

Real estate developer Nirmal Lifestyle is planning to develop 20 townships across India. The company has marked an investment of $5 billion for the first phase, which includes five townships under the brand name of Lifestyle City, a company release said. Spread over 300-1,000 acre, the phase I townships will come up one each in […]