Recession - India Real Estate Link

Tag Archives: Recession

Premium charges for small houses reduced

December 19, 2008 – 1:27 am

The Pune Municipal Corporation has announced 50% reduction in premium charges for small housing units.
Municipal commissioner Mr. Pravinsinh Pardeshi said that to promote low cost housing, we have decided to offer 50% reduction in premium charges for housing units with an area of less than 50 square meter. For units with area between fifty to [...]

By Rajani | Posted in Property News | Also tagged Average Income, Big Houses, Brunt, Civic Body, Concession, Concessions, Construction Proposals, Development Charges, Estate Business, Housing Projects, Housing Units, Locality, Low Cost Housing, Municipal Commissioner, Pune Municipal Corporation, Small Houses | Comments (0)

Malls under construction, developers pray Delhi-like culture sweeps region too

December 2, 2008 – 8:29 am

Even as two recently-opened multiplexes fell considerably short of footfalls, as many as 16 new malls and such complexes will hit the tricity in a year’s time.
Against much anticipation among the residents and the developers at the time of the launch, Uppal’s Centra Mall in the Industrial Area and DT Mall at IT Park Chandigarh, [...]

By Rajani | Posted in Property News | Also tagged Cine Goers, Commercial Space, Construction Developers, Construction Sites, Footfalls, Launch, Lease Rent, Malls, Maximum Number, Punjab, Pvt Ltd, Real Estate, Tricity, Zirakpur | Comments (0)

Realtors shift focus to budget housing

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 | Posted in Property News | Also tagged Affordable Housing, Deferred Payments, Fears, Fillip, Freebies, Global Economic Slowdown, High Interest Rates, Hurdle, Luxury Sedans, Managing Director, Paucity, Pradeep Jain, Real Estate Sector, Realtors, Scarcity Of Land, Sentiment, Slump, Stock Market, Target, Tier II | Comments (0)