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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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YSR's death may hit infra companies

The death of Andhra Pradesh chief minister Y S Rajasekhara Reddy in a helicopter crash this week is likely to affect infrastructure companies more than any other enterprise in the state, reports Business Standard. Reddy’s tenure was known for infrastructure Read More...
Posted Monday, September 07, 2009 3:30 PM by Farooq M | 0 Comments

Nagarjuna Construction to raise Rs 367 crore via share issue

Nagarjuna Construction said it will raise Rs 367.35 crore by way of private placement of shares with qualified institutional buyers. The board of directors have approved to allot 2,77,32,900 shares at Rs 132.46 a piece, totalling to Rs 367.35 crore by Read More...
Posted Monday, September 07, 2009 3:27 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

CHD’s latest project sold out in six weeks

CHD Developers, the New Delhi-based real estate company, has announced that its latest project ‘CHD Lifestyle’ comprising 138 residential units spread in an area of approximately 1,50,000 sq ft has been completely sold out within a span of Read More...
Posted Monday, September 07, 2009 3:23 PM by Farooq M | 0 Comments

Falcon Realty coming up with affordable green project in NCR

New Delhi-based Falcon Realty Services is coming up with a green residential complex, Gulmohar Woods, in the NCR region on National Highway 8. Meanwhile, it is a part of the developer's Global Eco-City mixed-use project spread over 500 acres, comprising Read More...
Posted Monday, September 07, 2009 3:22 PM by Farooq M | 0 Comments

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...
Posted Thursday, March 19, 2009 6:37 PM by Farooq M | 1 Comments

DLF To Make Investments Worth Rs 15, 000 Crore in Budget Housing Projects

Real estate giant DLF has announced plans to invest Rs 15,000 crore over the next three years to develop various residential projects across the country in Rs 15-40 lakh range. The company had announced its plan last year to enter into mid-income housing Read More...
Posted Friday, February 13, 2009 2:52 PM by Ehsan M.W | 0 Comments

Akruti To Focus On Affordable Home Projects

Mumbai-based developer, Akruti City, which was mainly into development of hospitality, retail and township projects, has decided to shift its focus to affordable homes. Under the brand name, 'Just Perfect Homes', the developer will develop homes Read More...
Posted Thursday, February 05, 2009 5:57 PM by Ehsan 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 Ehsan M.W | 0 Comments

Overseas Investments to Boost Realty Sector

According to the second economic stimulus package announced by the government, the real estate sector would now be allowed to tap the external commercial borrowing route to raise money, subject to the Reserve Bank of India approval, provided the money Read More...
Posted Thursday, February 05, 2009 5:40 PM by Ehsan 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 Ehsan 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 Ehsan M.W | 0 Comments
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HDFC enters Home Equity Business

HDFC , India's largest housing finance company has made a big move in the home equity business by offering loans against property at 13.25%. This could turn out to be a big business opportunity for the lender since most of its borrowers pre-pay home Read More...
Posted Thursday, September 18, 2008 3:58 PM by Farooq M | 1 Comments

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
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