Tag: Real Estate Developers

Hike In Property Price Of Kolkata

Property prices in and around Calcutta could shoot up by as much as 15 % as city developers contemplate a basket hike in product prices to combat a steep rise in input costs. The real rise in realty rates, though, could be tempered by a slack market. According to Pradeep Sureka“There’s no way we can […]

CHB A Profit Making Agent For Real Estate Developers

Chandigarh, May 14:- The Chandigarh Housing Board, an autonomous body whose mandate is to provide housing to the middle class and economically weaker sections of the society, has indeed appeared as a money-making agent for the real estate developers. Had the Chandigarh Administration or Chandigarh Housing Board (CHB) levied the same conversion charges to the […]

Lack Of Clarity May Hit Realty Funds’ Take-Off

A week after Sebi announced guidelines for real estate mutual funds, officials at fund houses and real estate developers are awaiting clarity on certain issues before they go ahead with scheme launches. Industry experts point out that taxation, periodic calculation of net asset value (NAV), and absence of any benchmark indices are some of the […]

Real Estate Developers looking for advanced technology to reduce the cost

Mumbai, Apr 28 Real estate developers in India are planning alternative measures to reduce costs of construction by around 15 to 20% owing to the current hike in raw material inputs costs for construction, particularly, cement. Red Fort Capital, in association with Nagarjuna Constructions and DLF, has replaced the use of cement in residential and […]

Akruti City Limited Reports One More Strong Quarter and Announces Interim Dividend of 18%

Akruti City Limited (ACL) (formerly known as Akruti Nirman Limited), one of the leading real estate developers of India, has stated total income of Rs. 140.02 crores ensuing in a net profit (after tax) of Rs. 72.14 crores (EPS of Rs. 10.81) for the third quarter ended December 31, 2007 “Akruti City continues to register […]