Tag: Realtors

Realtors upset with the Bhubaneswar Development Authority policies.

The real estate developers on Thursday reacted sharply to the Bhubaneswar Development Authority’s (BDA) move to change the definition of “apartment” and “group housing.” Talking to reporters here, Confederation of Real Estate Developers Association of India (CREDAI) state president D S Tripathy said the new definitions are vague and will result in the harassment of people while […]

Developers now focusing on Luxurious housing projects

After the success of ‘Affordable homes’, realtors are now moving towards the launch of luxurious housing. The demand for luxurious houses indicates that there is big scope for realtors there. With this increase in demand, many developers including Ansal API, Unitech, DLF, Emaar MGF etc are jumping into this business and plan to launch huge […]

Realty Regulator in Delhi

May 08, 2010 On Thursday Mr. S. Jaipal Reddy, the Urban Development Minister told that by the end of this year, Delhi realty will go under regulation. Govt. is discussing with other states too for the similar regulators, he added. Reddy said that “The state governments have sounded positive. It would take time to happen. […]

Buyers Unable to Find ‘Affordable Homes’

April 23, 2010 The real estate buyers are in big trouble in how to buy a dream home with these increasing costs of realty day by day. Since more than eight months, a 30-year-old professional, Nisha Parekh, has been searching for a proper and affordable residential space in Ahmadabad for her family but has not […]

Eyes Of Realtors On Latin American Mkt

BrazilApril 06, 2010 The realtors of Gujarat have eyes on the Latin American market. Around 100 developers and builders of the state plan to spend a 10 day span in Argentina and Brazil to explore the realty markets of these countries. The president of GIHED, a developer body in Ahmadabad, Suresh Patel believes that the […]

Realtors must tell buyers about bank claim

Home buyers will now know if the land on which their building stands is free of outside claims after a recent RBI circular mandating builders mortgaging the land to raise money to disclose it in all advertisements and brochures. RBI has asked lenders to ensure that all publicity material relating to the sale of real […]

Why will banks lend more to realtors in times of accelerating slowdown?

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 […]

Realtors shift focus to budget housing

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 […]

More Realtors Check Into Hospitality

Fearing a supply glut in the housing and commercial property markets, real estate companies are pinning hopes on the booming hospitality sector. It’s not that the trend has just set in. It has certainly gained momentum of late, with practically every developer announcing hospitality projects.

Chaalo Gujarat: World Gujarati Conference

AHMEDABAD: After pitching ‘Brand Amdavad’ at home, Amdavadi realtors are now cementing plans to hard sell Amdavad realty to non-resident Gujaratis (NRGs) right at their doorway. For the Gujarat Institute of Housing and Estate Developers (GIHED) has joined hands with the Association of Indian Americans in North America (AIANA) to host their first international property […]