December 13, 2008 – 3:56 am
DLF Ltd has cut its current fiscal deliverable targets by about 33% following the deterioration in the housing and commercial property market. The company is now expecting to deliver 15 million square feet against a guidance of 22-24 million square feet at the beginning of this fiscal. It has completed about 7 million square feet […]
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Posted in Property News
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Also tagged Commercial Hub, Connaught Place, Estate Projects, Hyderabad, Income Housing, Indore, Kochi, New Delhi, New Projects, Panchkula, Ramesh, Realtor, Slump, Verticals
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October 2, 2008 – 11:40 pm
New housing project launches in the national capital region (NCR) slumped by 20% during January-June 2008. This is explained by the slowdown in demand due to appreciation in real estate prices and rising interest rates for borrowers. The first half of this year also saw a marked shift in developers’ strategy towards mid-income houses, as […]
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Posted in Property News
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Also tagged Absorption, Borrowers, Cagr, Developers, Estate Projects, Housing Project, Housing Units, Income Housing, National Capital Region, Ncr, Property Consultancy Firm, Real Estate prices, Residential Supply, Resistance, Rising Interest Rates, Slowdown, Slower Pace
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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 […]
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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 Sector, Real Estate Sectors, S Real Estate, Saturation, Term Prospects
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Many expect a further correction in home prices in India. Since the volumes of property transactions are going down, hence the asking price for property will also go down. Additionally, over-supply of property is posing as a major reason for the slow down in Real Estate prices.Recent media reports have also suggested the same trend. […]
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Posted in Property News
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Also tagged Bangalore, Cheer, First Quarter, Goodies, Home Seeker, India, Property Developer, Property Transaction, Pune, Real Estate P, Slow Down, Tier II
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Engineering and construction major Larsen and Toubro today said it would build assets for the offshore segment that is facing shortage of assets. L&T, which has a base in Oman, plans to build jack-up rigs, semi-submersibles and FPSOs (Floating Production and Storage Offloading vessels) for the offshore segment in Oman.
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Posted in Property News
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Also tagged Amp, Asia Pacific Regions, Assets, Board Member, Exploration Activity, Fpso Vessel, Fpsos, Jack Up Rig, Larsen And Toubro, Offshore Sector, Oman, Refurbishment Work, Semi Submersible, Storage, Submersibles, Venkataraman
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