Parsvnath Developers Ltd has no plans to reduce prices of its properties, a top official of the real estate company said on 16th July 2008.
“There is no question of reducing prices at all. Prices have to go up,” Pradeep Jain, chairman and managing director said.
He also said rising input costs would be passed on to [...]
After staying the construction of a shopping mall by the DLF in Chennai, the Madras High Court has ordered the real estate foremost to take away all temporary structures from the site. The First Bench, comprising Chief Justice A K Ganguly and Justice F M Ibrahim Kallifulah, gave the order on 11th July on a [...]
With slowdown hitting the real estate sector, land/property deals appear to be falling like ninepins. The latest deal to come unstuck is one involving the K Raheja Universal group and Lupin.
According toSources the negotiations between the two parties for part of Lupin’s land at Boisar in Tarapur and Thane district, has fallen through primarily because [...]
By manish
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Posted in Property News
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Also tagged Citra, house, K Raheja Universal, Kalyan, Land, Lupin, Pharmaceutical Firms, Real Estate Developer, Real Estate Sector, Realty Fund, Tarapur, Thane District, Universal Group
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The slowdown in the real estate sector has started impacting the securitization of loans to the industry. The demand for such securities has dried up as debt mutual funds turn wary and cut exposure to these securities, considered the most illiquid of tradable papers.
The market for loan securitization was Rs 31,000 crore, of which real [...]
Autolite India established in 1970, in the field of Designing, Manufacturing and Market ing of Automotive Lighting products globally. The Company has made surprising growth in business through its innovative products at competitive prices. It is amongst few in the world who have installed Computerized Photometry Testing Equipments, CNC, CAD, CAM design and Tool manufacturing [...]
By Rajani
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Posted in Property News
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Also tagged Autolite, Automotive Lighting, Cad, Cam, Cnc, Commercial complex, Estate Business, Govt Of India, IT Park, residential complex, Retail Segment, SEZ, Tool Manufacturing
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Real estate business is still not in full swing like other cities such as Hyderabad and Bangalore in south India. Builders are slowly shifting their attention towards real estate businesses in the city of Chennai. Only since the past decade, the Chennai builders have been securing the city with good looking ventures. The basic theme [...]
By manish
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Posted in Property News
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Also tagged Chennai Builders, Construction Companies, Estate Businesses, Golden Fortune, India Builders, India Real Estate, Jain Housing, Metropolitan City, Quality Certification, Residential Projects, Residential Unit, South India, Tennis
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Real estate firm Zoom Developers on Monday said it has bagged contract from the Indian Railways to build four budget hotels.
In a press statement, Zoom said the company has won the bid for IRCTC Ratna Budget Hotels at four places.
The Indian Railway Catering and Tourism Corporation, a sister organization of Indian Railway has today opened [...]
LUCKNOW, the ‘Shiraz of Awadh’ and ‘Constantinople of India’, as it is metaphorically called, is the capital of Uttar Pradesh. Located in what was historically known as the Awadh region, Lucknow has always been a multi-cultural city.
The real estate sector is seeing hectic activity, with every major property developer operating in North India launching projects [...]
By manish
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Posted in Property News
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Also tagged Aminabad, Ansal Api, Government Housing, Housing Schemes, Mall Culture, North India, Physical Infrastructure, Property Developer, Real Estate Boom, Real Estate Consultants, Real Estate Sector, Residential Prices, Retail Markets, Shah Najaf
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Leading home loan lender ICICI Bank said that growth in the real estate sector has been impacted due to high interest rates and prices but maintained that there was no asset bubble in the sector.
ICICI Bank Joint Managing Director Chanda Kochhar said, “Clearly there is a slowdown in the number of deals …interest rates have [...]
South Mumbai has always been the preferred home to Mumbai’s upper crust for years. But now with virtually no land to be had in the Island City, the elite are moving into the suburbs and Bandra seems to be the hot new destination.
Malabar Hill, home to the city’s elite and till now the most famous [...]
By Rajani
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Posted in Property News
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Also tagged Aamir Khan, Abhishek Bachchan, Aftab Shivdasani, Business Offices, Carter Road, Galaxy Apartments, Galaxy Of Stars, Malabar Hill, Mannat, Sachin Tendulkar, Saif Ali Khan, Salman Khan, Shah Rukh Khan, Sobo, South Bombay, South Mumbai, Swimming Polls
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