November 13, 2008 – 2:26 am
India has always been a property oriented market. Irrespective of all the industries that have been booming, money flow into real estate has been steady and consistently increasing. In fact, people make money in their respective professions and most of the profits go back into property in India. That has been the way things have […]
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Also tagged agra, Apple, Associated Industries, Bareilly, Big Apple, Big Time, Business India, Company Director, Good Times, Indians, invest, Investments, kanpur, lucknow, Meerut, Money Flow, Paradigm Shift, Phoenix United, Preferred Destination, Professional Company, Professional Real Estate, Professions, Property In India, Real Estate Developer, Real Estate Management, Real Estate Management Companies, Real Estate Sector, Realty Companies, Residential Property, Thought Process
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October 24, 2008 – 2:50 am
Indian real estate firm Unitech Ltd will make an announcement regarding a stake sale in its telecoms business next week, Managing Director Sanjay Chandra told. Unitech was in talks to sell a stake in the telecom venture to Norwegian telecom group Telenor. Unitech is scheduled to announce its second quarter results on Oct 31. Chandra […]
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Also tagged Chandra, Fiscal Year, Indian real estate, Norwegian Telecom, Oct 31, Real Estate Firm, Stake, Telecom Group, Telecoms Business, Telenor, Unitech
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October 22, 2008 – 5:17 am
A two-day real estate conference, Build Up 2008, which started in Bangalore on Tuesday, bore the grim realities of the global financial crisis and its impact on Indian real estate. Neither of the two major speakers — Union urban development minister S Jaipal Reddy and CM B S Yeddyurappa — turned up. The other prominent […]
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Also tagged Bangalore, Confederation, Development Minister, Global Financial Crisis, Global Slowdown, Grim Realities, India, Indian real estate, Jaipal Reddy, Real Estate Developers, Real Estate Developers Association, Sobha Developers, Speakers, Urban Development
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October 2, 2008 – 11:37 pm
Last week, at Mumbai’s Grand Hyatt Hotel, leading city-based real estate developers were closeted in an hour-long meeting. The agenda: to discuss ways to counter the slump in home sales which has persisted for almost an year now. The outcome: The bitter realization that the Indian developer has limited options before him to attract buyers. […]
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Also tagged Conclusion, Consumers, Flexible Rates, Grand Hyatt Hotel, Housing Projects, India, Interest Rates, Kotak Securities, Mismatch, Mumbai, Participant, Real Estate Developers, Realty Market, Residential Markets, Residential Prices, Slump
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Real-estate firm Omaxe Ltd sees borrowing costs rising by as much as 300 basis points this fiscal year as interest rates in the country rise. Executive Director Vipin Aggarwal said that the firm will raise 5 billion rupees in the year ending March 2009. A deteriorating sales environment for property companies may also weigh, he […]
