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March 2009 - Posts

21 March 2009
Omaxe Pays Back Rs 201 Crore To Indiabulls
Cash-strapped realty company, Omaxe has managed to pay Indiabulls Financial Services Rs 21 crore in December 2008. With this payment, Omaxe has been able to pay Rs 201 crore against the total loan of Rs 300 crore it took from the latter in December 2007. Read More...
21 March 2009
Reduction in Property Tax On The Cards in Maharashtra
As the property graph continues to go down, the state government plans to reduce the property rates in the Ready Reckoner to reflect reality. The reduction might well be in the range of 10 to 30 percent of the rates for various areas in the existing Ready Read More...
21 March 2009
Buyers In Pune Wait and Watch
Buyers in Pune have adopted a wait-and-watch policy in an anticipation of a steep fall in prices as builders scramble to prevent a further slide. Statistics with the stamp registration controller's office suggest that property deals slowed down from Read More...
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21 March 2009
Semi Luxurious Apartment, Latest Ploy Of City Developers
Real estate developers have come up with a new gimmick to attract buyers. After budget-houses, builders have come out with ' semi-luxury ' flats to cater to high-end buyers. The purpose is to provide various amenities offered by premium projects, Read More...
21 March 2009
Bell The Cat (Cops' Admission Test) For A DDA Flat
DDA's latest allottees will have to wait to get their flats. The investigation into the alleged housing scheme scam, which had so far centered on allotments in the reserved categories, will now also scrutinize General Category allotments. The Economic Read More...
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19 March 2009
Chennai: Bollineni Hillside one of the Largest Residential Townships on OMR Launched
19th March’ 09, Chennai: BSCPL Infrastructure Ltd., a major player in the construction Industry, today announced the launch of its prestigious project “Bollineni Hillside”, on OMR. Formerly known as B Seenaiah & Co Projects Ltd., Read More...