Tag: New Projects

Housing Projects Incomplete, Home Buyers Affected

May 21, 2013 – 7:12 pm

Incomplete housing projects are expected to affect the home buyers who have booked apartments in new projects. As against the expected launches majority of the housing projects reached only the halfway. Home buyers, staring at these incomplete housing projects, become hopeless. The experts say that they will have to wait another one or two more […]

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DLF cuts target by a third due to property slump

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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New housing projects on hold in mumbai

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 […]

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Lehman Fall May Deepen Indian Realtors’ Credit Woes

September 16, 2008 – 2:28 am

Lehman Brothers’ bankrupcy is likely to cost Indian real estate. It may impact the financial major’s existing investments worth $500 million in realty firms, including DLF and Unitech, besides drying up another $500-million worth of potential investment which was expected to flow into Unitech’s Mumbai projects. The news of Lehman’s collapse brought the BSE realty […]

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