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Demand-starved realty sector to get boost in 2010

The year 2010 appears to have brought cheers to the demand-starved realty sector. With signs of economic recovery emerging in the country, the real estate sector has been predicted to see increased business activities. According to global real estate Read More...
Posted Tuesday, February 09, 2010 2:35 PM by Farooq M | 0 Comments
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IIFCL eyes Rs 11,500 crore disbursal this fiscal

Government-owned India Infrastructure Finance Company Limited (IIFCL) expects to disburse close to Rs 11,500 crore this financial year. “Our disbursement so far this financial year has been close to Rs 6,300 crore. It was Rs 4,891 crore by the end Read More...
Posted Monday, September 07, 2009 3:26 PM by Farooq M | 0 Comments

Government recalls two directors from Maytas Infra board

The government has recalled two nominee directors, K Ramalingam and O P Vaish, from the board of Maytas Infra which was handed over to infrastructure major IL&FS on Monday. Two other government nominees, Ved Jain and Anil Agawaral, will, however, Read More...
Posted Monday, September 07, 2009 3:24 PM by Farooq M | 0 Comments

MMRDA Plans Alternative Biz Hubs

As two main business districts of the city have reached a saturation point, the Mumbai Metropolitan Regional Development Authority (MMRDA) is planning to acquire 1.84 crore sq mt of land to set up alternative business hubs to build new rental housing Read More...
Posted Friday, February 13, 2009 2:51 PM by Ehsaan M.W | 0 Comments

Good News For Realtors, Borrowing Costs To Eas

This New Year has brought some good news for real estate companies, many of which were believed to be on the threshold of bankruptcy due to a liquidity crunch, mounting debts and little chances of loan refinancing. The interest rates at which realtors Read More...
Posted Friday, February 13, 2009 2:45 PM by Ehsaan M.W | 0 Comments

Nine Places To Look For in 2009

Global real estate consultancy Jones Lang LaSalle Meghraj (JLLM) has marked the nine best places that are expected to fetch lucrative returns. First is Mumbai, where in certain areas growth can still be observed. These areas will sustain prices even as Read More...
Posted Thursday, February 05, 2009 5:51 PM by Ehsaan M.W | 0 Comments

Sluggish Realty Market To Jumpstart Again

Measures announced by the Central government to stimulate the economy by ensuring cheaper loans for homes and industry has raised hopes for people in the real estate and banking sectors. Banks like IDBI Home Finance, ICICI and SBI are anticipating that Read More...
Posted Thursday, February 05, 2009 5:31 PM by Ehsaan M.W | 0 Comments

Property Prices In Suburbs Show Better Growth Than City Hubs

Property rates in middle-class neighbourhoods of Delhi have grown at a much faster pace than key localities between 2001 and 2007, according to the country's first real estate price index. Latest NHB Residex data, released by home loans regulator Read More...
Posted Sunday, January 25, 2009 6:30 PM by Ehsaan M.W | 0 Comments

The Who's Who of India is looking for Second Homes Abroad

The real estate sector is one of the worst-hit sectors globally thanks to the financial slowdown, but for the well-to-do Indians, this is an excellent opportunity. With property prices falling across borders, buying property abroad is suddenly making Read More...
Posted Sunday, January 25, 2009 6:29 PM by Ehsaan M.W | 0 Comments

Indian Realtors Bank On CPs

Indian real estate companies have taken up borrowings through issuances of commercial papers (CPs) after the country's central bank injected liquidity by slashing cash reserve ratio and as banks continue to shy away from extending loans. Realtors Read More...
Posted Sunday, January 25, 2009 6:24 PM by Ehsaan M.W | 0 Comments

Realty Slowdown - An Opportunity in 2009

High interest rates and even higher property prices in 2008 almost killed the householder's biggest dream - to own a house. But with financial downfall has come an opportunity. In 2009, interest rates may fall as the government initiates to rejuvenate Read More...
Posted Sunday, January 25, 2009 6:13 PM by Ehsaan M.W | 0 Comments
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ING Real Estate to Invest in India

Dutch property manager ING Real Estate plans to invest in India, Turkey, Europe and the Americas to meet demand and benefit from relatively high returns. The real estate unit of financial services division of ING Group, which managed 94.4 billion euros Read More...
Posted Thursday, September 18, 2008 3:54 PM by Farooq M | 0 Comments

NHB Launches Housing Price Index in 5 Indian Cities

In a move that is expected to bring transparency to the real estate market, finance minister P Chidambaram launched the official Housing Price Index, developed by India's home loans regulator, the National Housing Bank . Named as NHB Residex, the Read More...
Posted Thursday, September 18, 2008 3:42 PM by Farooq M | 2 Comments

Berggruen Holdings to Invest $300 m in India

Berggruen Holdings is a private company, with interests in private equity, stocks and bonds, hedge funds, art and real estate. Berggruen Holdings is a New York-based fund which manages proprietary capital worth over $1.5 billion, plans to invest over Read More...
Posted Thursday, September 18, 2008 3:00 PM by Farooq M | 0 Comments

ICICI Launches Real Estate Security Fund

ICICI Prudential Mutual Fund recently launched its real estate securities fund, which is the first real estate mutual fund in India. The new fund offer is open for subscription from November 15 to December 14, 2007. The fund will invest 51 per cent of Read More...
Posted Thursday, December 13, 2007 5:28 PM by Farooq M | 1 Comments
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