September 14, 2010 – 11:19 am
In India, it seems like real estate companies are following a different trend for compensating their top management. During 2009, many company CEOs took massive pay hikes, but now they have chosen to either forego their hikes, or at least take modest ones this year, when the sector is doing much better. Last year, CEOs […]
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Posted in Property News
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Also tagged company ceos, Godrej Properties, Hdil, increment, new strategy, Puravankara Projects, salary levels, Sanjay, Sarang, Sobha Developers, top management, Unitech
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September 14, 2010 – 11:18 am
As the phase of recession is towards its end, an increase in demand of commercial real estate projects, including both office and retail space has been witnessed by firms and retailers. The executive director for development services at consultants Cushman and Wakefield India, Ravi Ahuja said that in many cities including Mumbai and Delhi-National Capital […]
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 […]
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Posted in Property News
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Also tagged Ansal Api, DLF, Emaar MGF, Gurgaon, Housing Projects, Hyderabad, luxurious houses, Realtors, shravan, single unit, Unitech, Vice Chairman
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Since long time, we have been hearing from different sources that realty is back with a bang, realty is blooming, etc. Although it is true that there has been noticed a difference in the realty state during recession and after it, but this change is evident only in Tier 1 cities and not in others. […]
Affordable housing is an unquestionable concept. The buyers and their service providers learnt a lot from the sudden growth of Indian economy and the recession which followed it. It was a miserable condition for buyers when the annual GDP growth rate hit double digits. Be it be a vehicle or a house, an essential or […]
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Posted in Property News
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Also tagged Affordable Housing, Banks, Gdp, gdp growth rate, houses, Housing Market, Indian Economy, Investors, Loans, pillar, ray of hope, Realty Market, Residential Realty, service providers
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The concept of affordable homes came into existence after the recession that hit real estate industry in 2008. From the beginning of 2000, a house meant stretching resources to the maximum due to the IT driven property boom. Since many people could not afford the sky-rocketing prices, they were left out of league. Although property […]
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Posted in Property News
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Also tagged Affordable Homes, Connectivity, driven, existence, job, maximum, new homes, outskirts, Property Boom, Real Estate, Realty Market, sky, stretching, uncertainty
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April 29, 2010 – 12:18 pm
April 29, 2010 Since the realty prices are back to pre-recession levels, the sales are decreasing. The price of flats at Ashok Towers in the Parel area of Mumbai is Rs. 28 thousand per square feet. This is much above the rates at which builders were selling in 2007-08 at the peak of the property […]
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 […]
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Posted in Property News
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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
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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 […]
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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, Real Estate Sector, Realtors, Scarcity Of Land, Sentiment, Slump, Stock Market, Target, Tier II
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