Real estate developers have got a new way of perking up the market. Unitech, DLF, HDIL, BPTP and other big realty giants are offering a 30-40% discount on ongoing projects. According to analysts such projects will help stimulate demand and bring in the much-needed liquidity in the industry, which is already dealing with unsold stock […]
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, Income Housing, Manufacturing Sector, Middle Income Groups, National Housing Bank, Pmo, Real Estate Sector
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November 18, 2008 – 3:44 am
Unitech, the country’s second-largest listed real estate company, has put on the block all its six hotel projects under construction to reduce its capital expenditure and raise cash to fund its other ongoing projects. The company is in talks with a few private equity investors to sell all its six properties, being constructed at Gurgaon […]
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Posted in Property News
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Also tagged Affordable Housing, Capital Expenditure, Crore, Development Sector, Divestment, Economic Scenario, Economic Summit, Estate Assets, Finance Market, First Hotel, Gurgaon, Hospital Chains, Hotel Business, Hotel Project, Hotel Projects, Hotel Properties, Housing Finance Companies, Housing Loans, Housing Market, Mahindra And Mahindra, Mahindra Group, Mid Market, Mr Chandra, New Houses, Private Equity Funds, Private Equity Investor, Private Equity Investors, Rs 250, Target, Tie Ups, World Economic Forum
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November 10, 2008 – 12:13 am
The global meltdown is likely to affect infrastructure projects in the city and in the region, sooner than expected. Several infrastructure projects in the state undertaken by the government, its corporations and civic bodies are likely to suffer due to the economic slowdown. The ones, which may be directly affected are the Built Operate and […]
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Posted in Property News
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Also tagged Bot Projects, City Infrastructure, Civic Bodies, Construction Firms, Economic Slowdown, Global Meltdown, Government Sector, Hcc, Infrastructure Projects, Last Date, Madan, Metro Rail, Rail Corridors, Red Flag, Selling Plots, Transport Project, Water Transport, Western Suburbs, Worli
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