Tag: Ongoing Projects

Realty Costs Less

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 […]

Housing ministry’s offer for small home buyers

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 […]

Unitech sounds out PEs to sell hotel properties

Unitech, the country‚Äôs 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 […]

Meltdown may hit infrastructure projects in Mumbai

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 […]