March 18, 2010 – 11:04 am
March 18, 2010
Although most of the ample to mid-sized fresh offerings have received a cold response, the news is that quite a few real estate companies are bent on going ahead with their initial pubic offering (IPO) plans. Rumor in the market is that apartments at discounted rates in the projects of these companies in [...]
March 11, 2010 – 12:41 pm
tThe real estate sector got hit quite seriously by the budget details. Very intelligently the Budget bribed the home buyers in the form of interest rate subvention and tax savings. On the other hand service tax on lease rentals in the Finance Bill was also brought back. So, the builders decided to pass on the [...]
By chandrika johri
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Posted in Property News
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Also tagged bribe, budget details, completion deadline, dampener, disposable income, finance bill, Finance Minister, himachal, Hotel Industry, Lakh, maximum tax, Rs 50, rs 8, subvention, tax burden, tax reliefs, time relief, Tourism Sector, uttarakhand
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September 26, 2009 – 12:41 pm
Real estate sector in the country will witness a prolonged and robust demand. According to a report by global realty consultation firm Cushman & Wakefield, the pan-India residential demand for 2009-2013 could be around 7.5 million units and that for office space at 196 million square feet.
The Cushman & Wakefield India Real Estate Investment [...]
September 2, 2009 – 4:08 pm
In coming years, India is expected to outperform the global markets with a growth rate in the range of 7 percent to 10 percent. This will benefit the real estate sector, which is closely linked to high growth in the economy.
A decrement in property prices, reduced interest rates and stability in the job market has [...]
January 9, 2009 – 1:46 am
Loans extended by banks to hotels and hospitals may no longer be treated as commercial real estate category. The Reserve Bank of India revised norms on real estate exposure where it included loans extended against security of future rent receivables from commercial real estate exposure.
The revised norms will not immediately impact banks’ balance sheet. This [...]
By rajani
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Posted in Property News
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Also tagged Bank Loans, Bank Of India, Cash Flows, Commercial Loans, Commercial Real Estate, Economic Cycle, Fluctuations, Hospitals, Norms, Reserve Bank Of India, Room Rents, Stimulus Package
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January 7, 2009 – 2:17 am
Jharkhand’s capital Ranchi emerges as the single city in eastern India that has an incredible mixture of metropolitan culture along with traditional touch. The city is on the way to meet all the criteria of a metropolitan city. Ranchi is a marvelous place with great strength to put itself on the way of growth. It [...]
By rajani
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Posted in Property News
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Also tagged Capital Investors, Commercial Real Estate, Confederation, Credai, Eastern India, Five Star Hotels, Hotels And Motels, Industry Giants, Industry Leaders, Investors Capital, Jharkhand, Marvelous Place, Metropolitan City, Metropolitan Culture, Ranchi, Real Estate Developers, Real Estate Developers Association
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January 2, 2009 – 7:37 am
With an aim of reversing the slowdown, Urban Development Minister Jaipal Reddy has sought an additional package for the real estate sector.
In a letter to the Prime Minister, Reddy has stated that “more needs to be done to reverse the slowdown facing the sector”.
Suggesting a slew of measures, Reddy has submitted a note containing suggestions [...]
By rajani
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Posted in Property News
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Also tagged Development Minister, Economic Growth, Employment Generation, Global Meltdown, Home Loan Interest, Home Loan Interest Rates, Jaipal Reddy, Liquidity, Loan Interest Rates, Rationalization, Short Term Loans, Slowdown, Urban Development
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December 30, 2008 – 3:49 am
Shares of real estate companies were up, but gave back a portion of early gains, as investors booked profits in choppy trades. Analysts said the spurts of strength in realty stocks in recent days can be attributed to hopes of further cuts in interest rates.
“Most of the strength in selective stocks is due to hopes [...]
By rajani
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Posted in Property News
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Also tagged Banks, Exorbitant Prices, Gainers, Institutional Investors, Interest Rates, Parsvanath, Prospective Clients, Real Estate Companies, Realty Stocks, Selective Stocks, Spurts, Stocks Shares, Trades, Unitech
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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 income [...]
By rajani
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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, Ongoing Projects, Pmo
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December 26, 2008 – 11:52 pm
India may get benefited from the increased fund allocation to Asian real estate sector by global investors. Even as total amount raised by private equity real estate funds between January and November 2008 fell by a third to $57 billion from a year ago, the allocation towards Asian markets increased to 28% from 19%. As [...]
By rajani
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Posted in Property News
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Also tagged Asian Markets, Capital Markets, Contenders, Cushman, Dealmakers, Distressed Assets, Downside Risks, Fund Allocation, Fund Raising, Global Economic Situation, Global Investors, India India, Limited Partners, Maheshwari, Private Equity Funds, Sandeep Singh, Tough Market, Valuations, Wakefield
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December 22, 2008 – 12:45 am
At a time when the global financial crisis is impacting the real estate sector across the globe, NRIs are invariably in a dilemma about where to put their money in real estate.
The local accommodation laws in countries like Dubai have compelled thousands of expatriate Indians to send their families back home due to soaring housing [...]
By rajani
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Posted in Property News
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Also tagged Agricultural Land, Attractive Option, Educational Health, Expatriate Indians, Global Financial Crisis, Government Regulations, Greenfield Projects, Home Investments, Home Loans, Housing Costs, Investment Category, Nri Investors, Nris, Pragmatic Approach, West Asia
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December 9, 2008 – 3:45 am
Indian private equity firm IL&FS Investment Managers Ltd has raised $895 million for a new realty fund, tapping global investors despite the global financial turmoil and falling property markets.
The firm, one of India’s oldest private equity players, is also pulling money together for the first tranche of an Asia infrastructure fund, which it hopes to [...]
By rajani
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Posted in Property News
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Also tagged Current Market, Economic Slowdown, Global Financial Turmoil, Global Investors, High Interest Rates, Hingorani, Industrial Projects, Infrastructure Fund, Initial Target, Investment Managers, Market Situation, Office Space, Private Equity Firm, Property Markets, Realty Fund, Supply Glut, University Endowments
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November 16, 2008 – 11:54 pm
Expect the markets to take the Reserve Bank of India’s (RBI) persuasive moves on Saturday to direct lending to real estate sector with a pound of salt.
The simple point being, when current loans are under distress, why will banks lend more to realtors in times of accelerating slowdown?
Also, all the measures announced are prospective, so [...]
By rajani
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Posted in Property News
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Also tagged Bank Of India, Banks, Bonanzas, Capital Values, Electricity Bills, Festive Season, Free Cars, Gold Coins, Home Loan Interest, Home Loan Interest Rates, Loan Interest Rates, Loans, Market Meltdown, Market Mood, Measures, Moderate Level, Property Boom, Property Developers, Realtors, Reserve Bank Of India, Risk Weights, Rupee Exchange Rate, Slowdown, Stamp Duty, Worldwide Financial Crisis
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November 14, 2008 – 3:43 am
Declining sales, high interest rates, paucity of funds and global economic slowdown have badly impacted the real estate sector which is witnessing not only sudden slump in demand but also is at the receiving end in the stock market.
Freebies in the shape of luxury sedans, offers of foreign trips, 15%-20% discount or deferred payments have [...]
By rajani
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Posted in Property News
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Also tagged Affordable Housing, Deferred Payments, Fears, Fillip, Freebies, Global Economic Slowdown, High Interest Rates, Hurdle, Luxury Sedans, Managing Director, Paucity, Pradeep Jain, Realtors, Recession, Scarcity Of Land, Sentiment, Slump, Stock Market, Target, Tier II
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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 [...]
By rajani
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Posted in Property News
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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, Profits, Property In India, Real Estate Developer, Real Estate Management, Real Estate Management Companies, Realty Companies, Residential Property, Thought Process
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November 4, 2008 – 11:52 pm
The Reserve Bank of India (RBI) is likely to relax the provisioning norms against loans given to real estate and other sectors. In a meeting with FM P Chidambaram on Tuesday, PSU banks have asked for relaxation of the provisioning norms, without compromising on the quality of credit to utilize their capital more aggressively.
For example, [...]
By rajani
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Posted in Property News
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Also tagged Bank Of India, Banking Sector, Corporates, Credit Flow, Gdp, Home Loans, Norms, P Chidambaram, Profitability, Psu Banks, Public Sector Bank, Relaxation, Reserve Bank Of India
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October 30, 2008 – 7:25 am
With a slump in the Indian real estate sector due to excessive credit crunch and demand slowdown, home buyers can expect a further correction in real estate prices in the range of 15% to 20% in next six months. There are several factors working against the Indian real estate sector that can bring about such [...]
By rajani
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Posted in Property News
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Also tagged Bank Of India, Debt Market, DLF, Global Credit Crunch, Jones Lang Lasalle, Purse Strings, Real Estate Developers, Real Estate Investments, Real Estate Slump, Reserve Bank Of India, Ticket Size
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October 23, 2008 – 6:07 am
Centrum Broking Pvt Ltd today shared findings from its research report on the Mumbai Real Estate Sector. It expects a 30-35% fall in India’s residential prices from the peak, with the Mumbai Metropolitan Region (MMR) estimated to witness the lowest fall of 20-30% until April 2009. Residential demand in Mumbai is estimated at 66mn.square feet [...]
September 18, 2008 – 12:10 am
The crisis in the US financial market will hit the Indian real estate sector hard. The sector was already reeling under tremendous pressure as RBI increased the interest rates to contain inflation, besides restricting the fund flow in it. Consultants said that in the present circumstances the real estate prices will go for a sharp [...]
By rajani
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Posted in Property News
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Also tagged Banking Sector, Estate Space, Expansion Plan, Financial Crisis, Global Economy, Global Majors, Global Market, Google, High Interest Rates, High Net Worth Individuals, Indian Banks, Investment Banks, Medium Term, Mother Countries, Ncr, Private Equity Funds, Senior Consultant
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September 17, 2008 – 6:48 am
Real estate prices are expected to soften further as the current global financial turmoil would force cash-starved builders to offer hefty discounts. The collapse of financial powerhouses like Lehman Brothers and the consequent liquidity problems will stop the inflow of fresh investments into India’s real estate sector.
According to analysts, the crisis, which comes at a [...]
By rajani
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Posted in Property News
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Also tagged Collapse, Diwali, Global Financial Turmoil, Hefty Discounts, India, Inflow, Investments, Knight Frank, Lehman Brothers, Liquidity Problems, Powerhouses, Pranay, Real Estate, Real Estate prices, Slump, Vakil
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September 10, 2008 – 3:20 am
With growing foreign investments in the country’s real estate market, long-term prospects of the sector look brighter, HDFC Chairman Deepak Parekh said.
“Long-term prospects of commercial real estate market continue to be positive owing to growing opportunities in sectors like healthcare, hospitality, logistics and education,” Parekh told reporters in Mumbai.
There is sufficient interest from foreign investors [...]
By rajani
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Posted in Property News
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Also tagged Commercial Real Estate, Deepak Parekh, Enormous Demand, Fence, Financial Instruments, Foreign Direct Investment, Foreign Investments, Foreign Investors, Housing Shortage, Interest Rates, Ipo Market, Logistics, Mumbai, Private Equity, Real Estate Sectors, S Real Estate, Saturation, Segment, Term Prospects
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September 9, 2008 – 3:18 am
The eighth Indus India Property Exhibition will be held on 19 and 20 September at Giwana Ball room of the Ramada Plaza in Doha.
The exhibition will display some of the leading names in the Indian real estate sector. Some of the foremost builders and housing finance institutions from India would be taking part in the [...]
By admin
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Posted in Property News
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Also tagged Current Real Estate, Estate Projects, Fdi, Finance Companies, Finance Institutions, Financing Options, India Property, Indian Government, Indus, Property Exhibition, Ramada Plaza, Real Estate Investments, Residential Apartments
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September 8, 2008 – 1:47 am
Slump in the residential real estate sector in tier-1 cities seems to have spread over to tier-2 and tier-3 cities. Housing demand in small cities got down by 25% during February-July this year because of higher cost of borrowing. Besides rising cost, unavailability of inputs and power shortage also cause excessive delays in project completion.
The [...]
By rajani
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Posted in Property News
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Also tagged Assocham, BPTP, Budget, Cost Of Borrowing, Inflation, Interest Rate, Majors, Omaxe, People, Power Shortage, Project Completion, Rawat, Residential Real Estate, Secretary General, Slump, Tier 1, Tier 3, Unavailability, Unitech
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September 4, 2008 – 4:55 am
Affected by slowdown and reported corrections in prices, the country’s real estate industry predict growth in the long term despite costly home loans and lack of funding for realty projects.
According to a most recent study by Ernst & Young and FICCI on the country’s real estate scenario, about 62% of the respondent developers expected [...]
By admin
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Posted in Property News
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Also tagged Affordable Housing, Consensus, Current Projects, Delivery Mechanisms, End Users, Ficci, Geographies, Home Loans, Hospitality Industries, Investment Activity, Land Values, Mid Term, Mixed Reactions, Real Estate, S Real Estate, Slowdown, Valuations
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August 26, 2008 – 4:56 am
After delivering more than 11,000 residential flats and a number of commercial establishments in Pune, Goel Ganga group is on a major expansion mode.
The group is all set to deliver 10,000 flats within next three years in prominent cities like Bangalore and Mumbai along with Pune at an estimated investment of Rs 5,000 crore.
The group [...]
By rajani
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Posted in Property News
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Also tagged Ambitious Project, Bangalore, Cinema Multiplex, Commercial Complexes, Commercial Establishments, Commercial Space, Expansion Mode, Expansion Plans, Hospitality Business, Hospitality Sector, Nagpur, Residential Flats, Residential Projects, Screen Cinema, Tree Hotel
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