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. […]
The realty prices in cities like Delhi, Mumbai or even some of the smaller tier II cities, like Jaipur or Coimbatore, have shown a remarkable increase over the past few years. This growth has proved the advice of Mark Twain, an American author, that ‘Buy land, they are not making it any more’. There is […]
Indiabulls Real estate has planned to use more than five hundred million dollars to launch projects at a time. This money is raised from a recent share sale. Mr. Gagan Banga, CEO, said that their aim is to launch 6-7 residential projects in this FY. He showed interest towards pursuing some large projects. Indiabulls is […]
December 16, 2008 – 2:33 am
The move to reduce interest rates for home loans up to Rs 20 lakh by public sector banks may induce some buying in the property market and prompt developers to build more low-cost homes. However, according to developers, this may not be enough to provide a major boost to the residential property market immediately. Some […]
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Also tagged Banks India, Brokerage Firm, Building Houses, Dwelling Units, Gaur, Gaursons, Gurgaon, Manoj, Metro Cities, Metro Realty, Property Consultancy Firm, Property Developers, Public Sector Banks, Residential Property Market, Richar, Rupesh
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December 9, 2008 – 12:51 am
Global real estate consultants and experts feel that the only real catalyst that could pep up the NRI spirit during this lean period is a significant price cut as it is the homecoming season for them. The price cut is expected to happen in the next three to four months. The fact that prices are […]
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Also tagged Attractive Opportunities, Bhavin Mehta, Economic Times, Global Real Estate, Investing In Property, Jones Lang Lasalle, Jones Lang Lasalle Meghraj, Luxurious Villas, NRI, Nri Investors, Real Estate Consultants, Residential Market, Retail Projects, Sub Prime Crisis
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November 28, 2008 – 2:15 am
Fortis Healthcare Ltd has a strategy to build hospitals with real estate giant Emaar MGF Land Ltd and DLF Ltd appear to be going nowhere amid Fortis’ concerns over the sites that were proposed by both builders. Fortis had signed a memorandum of agreement with DLF in January last year to set up fifteen hospitals in […]
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Also tagged Ambitious Plans, DLF, Emaar, Fortis, Healthcare Ltd, Hospitals, Manesar, Memorandum Of Agreement, Memorandum Of Understanding, Mgf, Mohan Singh, Spokesman, Townships
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November 26, 2008 – 6:00 am
The demand in the housing sector fell by 35% in tier-II and tier-III cities in the first half of this fiscal due to the high cost of borrowings, says an assessment by an industry lobby. According to the assessment of Assocham, over 20 million people in about 25 tier-II and tier-III cities, who want to […]
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Also tagged April, Assocham, Borrowers, Borrowings, Brick, Cement, Chambers Of Commerce And Industry, Cost Assessment, DLF, Dwelling Units, Indore, Industry Lobby, Interest Rates, Meerut, Property Purchases, Raw Materials, Real Estate Developers, Slew, Unitech, Urban Centres
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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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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, Recession, Scarcity Of Land, Sentiment, Slump, Stock Market, Target
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October 3, 2008 – 11:26 pm
As affordable housing is becoming the new mantra for real estate developers, the concept is attracting a lot of attention from the real estate funds fraternity. The $250-million First Indian Real Estate (FIRE) Capital Fund Ltd is making its first deal in the segment. According to industry sources FIRE Capital is currently in the due […]
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Also tagged Affordable Housing, Ahmedabad, Due Diligence, East India, European Markets, Housing Project, Industry Sources, Mantra, Permutations And Combinations, Real Estate Developer, Real Estate Developers, Realty Fund, Ticket Size, Venture Capital Fund, Venture Fund, West Bengal
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Property prices in mumbai suburbs have started cooling down and by March 2009 the fall would be anything between 10% to 20% from now, real estate consultancy firm Jones Lang LaSalle Meghraj said. “There is no sign of propoerty prices coming down in the heart of Mumbai because of almost zero supply. But, beyond Borivali […]
After being three years on the top, India has finally lost its position as the most preferred destination among upcoming markets for retail investment, according to the 7th annual global retail development index (GRDI) by management consulting firm A.T. Kearney. The GRDI ranks countries among the thirty emerging markets on the basis of their retail […]
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Posted in Property News
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Also tagged Consumer, Foreign Investors, Gdp Growth, Global Retailers, Grdi, India, Investment, Regulatory Structure, Retail Concepts, Retail Development, Retail Investment, Retail Market, Retail Position
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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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Also tagged Bangalore, Cheer, First Quarter, Goodies, Home Seeker, India, Property Developer, Property Transaction, Pune, Real Estate P, Segment, Slow Down
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