http://metroplots.com/news/ The latest news about Metroplots. en-us albert@rage-india.com (Albert Virgin) albert@rage-india.com (Albert virgni) PHP RSS Feed Generator DLF, India�s largest real estate firm, is in advanced talks with Hilton Hotels and Resorts to outsource management of its super luxury vacation homes that will include villas as well as apartments in an upcoming project in Kasauli. This is one of the few such deals where a hotel chain will manage the whole project as typically in vacation homes villas are sold outright even as hospitality firms manage apartments. http://economictimes.indiatimes.com/markets/real-estate/news-/DLF-may-outsource-mgmt-of-luxury-resorts-to-Hilton/articleshow/6488931.cms Sat, 04 Sep 2010 11:Sep:th 11SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FDLF-may-outsource-mgmt-of-luxury-resorts-to-Hilton%2Farticleshow%2F6488931.cms Specialty steel manufacturer Mukand on Tuesday said that it has completed the sale of five acres of its lease-hold land in the trans-Thane creek industrial area for Rs 42.5 crore to Vodafone Essar Shared Services. http://economictimes.indiatimes.com/markets/real-estate/news-/Mukand-sells-5-acres-in-Thane-for-Rs-425-cr/articleshow/6469251.cms Wed, 01 Sep 2010 12:Sep:st 12SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FMukand-sells-5-acres-in-Thane-for-Rs-425-cr%2Farticleshow%2F6469251.cms Dhanlaxmi Builders and Developers, which has constructed hill-station Lonavala's first boutique mall over 1.5-lakh square feet, is expecting Rs 50-60 lakh per month as lease rent within the first year of its operations. http://economictimes.indiatimes.com/markets/real-estate/news-/Lonavalas-1st-boutique-mall-eyes-Rs-60-lakh-as-lease-rent/articleshow/6455220.cms Mon, 30 Aug 2010 10:Aug:th 10AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FLonavalas-1st-boutique-mall-eyes-Rs-60-lakh-as-lease-rent%2Farticleshow%2F6455220.cms Yet another piece of the real estate market appears to be getting back in shape. After realtors focused on the affordable housing space, where demand remained reasonable when market prices crashed two years ago, they are now launching luxury homes as the segment is witnessing early signals of an upswing in demand. http://economictimes.indiatimes.com/Markets/Real-Estate/News-/DLF-Unitech-Emaar--Ansal-plan-to-launch-Rs-2-cr-plus-homes/articleshow/6221179.cms?curpg=2 Tue, 27 Jul 2010 14:Jul:th 14JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarkets%2FReal-Estate%2FNews-%2FDLF-Unitech-Emaar--Ansal-plan-to-launch-Rs-2-cr-plus-homes%2Farticleshow%2F6221179.cms%3Fcurpg%3D2 Mid-cap real estate firms are expected to post a mixed trend as spiralling prices hit affordability and new launches tapered in the April-June quarter. http://economictimes.indiatimes.com/markets/real-estate/news-/Real-estate-cos-to-post-mixed-trend-in-June-quarter/articleshow/6205592.cms Fri, 23 Jul 2010 17:Jul:rd 17JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FReal-estate-cos-to-post-mixed-trend-in-June-quarter%2Farticleshow%2F6205592.cms Ras-Al-Khaimah (RAK), a public joint stock firm and realty developer, plans to come up with 1,000 villas and town houses in United Arab Emirates (UAE). http://economictimes.indiatimes.com/markets/real-estate/news-/Realty-firm-RAK-plans-mega-project-in-UAE/articleshow/6197234.cms Thu, 22 Jul 2010 08:Jul:nd 8JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FRealty-firm-RAK-plans-mega-project-in-UAE%2Farticleshow%2F6197234.cms Delhi is the most popular place to buy a property, according to a survey. The report reveals that 34% of those surveyed want to purchase a flat in Delhi, followed by 28% plugging for Mumbai and 11% each opting for Bangalore and Hyderabad. The survey also reveals that the realty sector in 2010 is going to be driven by end users. Now, with property prices increasing past their pre-2008 peak, the developers insist on collecting the service tax and the 1% VAT when the investors try to sell these flats. They also have to pay the maintenance charges on the flat if it has not been paid Wed, 21 Jul 2010 10:Jul:st 10JulIST Now%2C+with+property+prices+increasing+past+their+pre-2008+peak%2C+the+developers+insist+on+collecting+the+service+tax+and+the+1%25+VAT+when+the+investors+try+to+sell+these+flats.+They+also+have+to+pay+the+maintenance+charges+on+the+flat+if+it+has+not+been+paid The economy has come out of recession , "reality is booming" , and "prices are sky high" - "invest in property, there is a tremendous potential" . http://economictimes.indiatimes.com/quickiearticleshow/6179903.cms Mon, 19 Jul 2010 17:Jul:th 17JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fquickiearticleshow%2F6179903.cms Real estate prices may go up with a plea of Urban Development Ministry for withdrawal of 2.5 per cent service tax from the sector not being heeded to by the Finance Ministry. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/Realty-prices-may-go-up-as-govt-refuses-to-remove-service-tax/articleshow/6126720.cms Tue, 06 Jul 2010 13:Jul:th 13JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2FRealty-prices-may-go-up-as-govt-refuses-to-remove-service-tax%2Farticleshow%2F6126720.cms Infrastructure and real estate companies such as GMR and Hindustan Construction Company are setting up campuses for universities and higher education institutes to ride growth in the $80-billion-plus industry. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/Realty-companies-tracking-learning-curve/articleshow/6104487.cms Fri, 02 Jul 2010 14:Jul:nd 14JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2FRealty-companies-tracking-learning-curve%2Farticleshow%2F6104487.cms In a bonanza for residents of a Khar housing society, a builder has been buying off their mid-sized flats, paying each family between Rs 4 crore and Rs 5.5 crore http://economictimes.indiatimes.com/markets/real-estate/realty-trends/1-BHK-flats-in-Mumbais-old-Khar-society-sold-for-Rs-45-crore/articleshow/6077053.cms Wed, 23 Jun 2010 10:Jun:rd 10JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2F1-BHK-flats-in-Mumbais-old-Khar-society-sold-for-Rs-45-crore%2Farticleshow%2F6077053.cms Finance, documentation and legal matters are critical components in the process of buying a home. Property investors also need to evaluate returns and repayment of loan. Kavita Sriram, Ashish Gupta and Vikas Agarwal explain some of the major issues involved. http://economictimes.indiatimes.com/quickiearticleshow/6039851.cms Mon, 14 Jun 2010 15:Jun:th 15JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fquickiearticleshow%2F6039851.cms Delhi govt to crack down on illegal constructions. In a bid to check illegal constructions across the capital, particularly on agriculture land, Delhi Government today directed departments concerned to come down hard against such activities. http://economictimes.indiatimes.com/markets/real-estate/news-/Delhi-govt-to-crack-down-on-illegal-constructions/articleshow/6041812.cms Mon, 14 Jun 2010 15:Jun:th 15JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FDelhi-govt-to-crack-down-on-illegal-constructions%2Farticleshow%2F6041812.cms The already high real estate prices in Mumbai's suburbs are expected to climb a notch higher following today's Bombay High Court judgement setting aside the State Government's order to increase floor space index (FSI) in the suburbs to 1.33 from 1. http://economictimes.indiatimes.com/markets/real-estate/news-/Realty-prices-in-Mumbai-suburbs-to-rise-after-HC-judgement-on-FSI/articleshow/6033602.cms Fri, 11 Jun 2010 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FRealty-prices-in-Mumbai-suburbs-to-rise-after-HC-judgement-on-FSI%2Farticleshow%2F6033602.cms Realty major, Lodha Developers, plans to build the world's tallest tower at a cost of Rs 2,000-crore in central Mumbai to be ready by 2014, a top company official said. http://economictimes.indiatimes.com/markets/real-estate/news-/Lodha-plans-117-storey-tallest-housing-tower-in-Mumbai/articleshow/6024238.cms Wed, 09 Jun 2010 11:Jun:th 11JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FLodha-plans-117-storey-tallest-housing-tower-in-Mumbai%2Farticleshow%2F6024238.cms "Now we have the opportunity to do large redevelopment projects, as the policy on redevelopment has been clarified. We are hopeful that within the next six months, we will announce few large redevelopment projects," Godrej Group Chairman Adi Godrej told Reuters on June 4. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/Redevelopment-in-crowded-Mumbai-a-fillip-for-realty/articleshow/6021034.cms Tue, 08 Jun 2010 11:Jun:th 11JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2FRedevelopment-in-crowded-Mumbai-a-fillip-for-realty%2Farticleshow%2F6021034.cms In a bid to check rampant malpractices in the realty sector, the Competition Commission of India (CCI) has decided to suo motu inquire if various developers are misleading the buyers, apart from looking into specific complaints against market leader DLF. http://economictimes.indiatimes.com/markets/real-estate/news-/CCI-plans-suo-motu-probe-on-realtors-to-check-malpractices/articleshow/6018166.cms Mon, 07 Jun 2010 12:Jun:th 12JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FCCI-plans-suo-motu-probe-on-realtors-to-check-malpractices%2Farticleshow%2F6018166.cms Delhi-based real estate and hospitality company Vatika Group is in advanced talks to raise Rs 800-1,000 crore from Deutsche Bank for its upcoming residential project in the national capital region, two persons familiar with the matter told ET. http://economictimes.indiatimes.com/markets/real-estate/news-/Vatika-Group-in-talks-to-raise-Rs-1k-cr-from-Deutsche-Bank/articleshow/6013052.cms Sat, 05 Jun 2010 17:Jun:th 17JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FVatika-Group-in-talks-to-raise-Rs-1k-cr-from-Deutsche-Bank%2Farticleshow%2F6013052.cms India's biggest land deal, a Rs 4000 crore for a parcel of land in Mumbai last week, is not going to be the trendsetter for the realty industry still groggy after the 2009 slump, builders and analysts say. http://economictimes.indiatimes.com/markets/real-estate/news-/Developers-cool-to-record-realty-deal-stay-cautious/articleshow/6011095.cms Sat, 05 Jun 2010 17:Jun:th 17JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FDevelopers-cool-to-record-realty-deal-stay-cautious%2Farticleshow%2F6011095.cms Ireo, a leading private equity fund dedicated to the Indian real estate sector with nearly $2 bn of funds raised, has announced the launch of Victory Valley - the tallest residential towers in the region. http://economictimes.indiatimes.com/markets/real-estate/news-/Ireo-launches-51-stories-Victory-Valley-in-Gurgaon/articleshow/6007025.cms Fri, 04 Jun 2010 11:Jun:th 11JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FIreo-launches-51-stories-Victory-Valley-in-Gurgaon%2Farticleshow%2F6007025.cms According to sources, HCC Real Estate is looking at offloading 74% stake in �247� corporate park located in Vikhroli area of Mumbai. The company is expecting to raise around Rs 600 crore evaluating the company at Rs 800 crore. The company is in talks with two private equity firms for the stake sale. One of the sources close to the deal said that one of the parties interested in the stake buyout is Blackstone group. The size of the corporate park is 1.8 million square feet. http://economictimes.indiatimes.com/markets/real-estate/news-/HCC-Realty-to-dilute-stake-in-Mumbai-project/articleshow/6003349.cms Thu, 03 Jun 2010 15:Jun:rd 15JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FHCC-Realty-to-dilute-stake-in-Mumbai-project%2Farticleshow%2F6003349.cms On Wednesday, when Tata Motors chairman Ratan Tata and Gujarat chief minister Narendra Modi inaugurate the Rs 2,000-crore Nano mother plant, they will be also unveiling a new Sanand. In one stroke, the epithets that denoted the dusty town till now-Gujarat's tobacco belt, home to the state's biggest wetland-will make way for that of an auto hub. http://economictimes.indiatimes.com/Markets/Real-Estate/News-/Land-prices-skyrocket-in-Sanand-on-Nano-arrival/articleshow/6001016.cms?curpg=3 Wed, 02 Jun 2010 10:Jun:nd 10JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarkets%2FReal-Estate%2FNews-%2FLand-prices-skyrocket-in-Sanand-on-Nano-arrival%2Farticleshow%2F6001016.cms%3Fcurpg%3D3 After increasing the registration fee for properties and road tax for luxury cars, the Delhi cabinet is set to give its nod to a proposal to hike circle rates for sale and purchase of properties in the capital June 7. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/Circle-rates-for-properties-set-to-increase-in-Delhi/articleshow/5998434.cms Tue, 01 Jun 2010 17:Jun:st 17JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2FCircle-rates-for-properties-set-to-increase-in-Delhi%2Farticleshow%2F5998434.cms Tishman Speyer, one of the world's leading developers of real estate, Tuesday unveiled its first property in Asia, commissioning the first phase of the Waverock IT Park here. http://economictimes.indiatimes.com/markets/real-estate/news-/Tishman-Speyer-opens-its-first-IT-park-in-India/articleshow/5998923.cms Tue, 01 Jun 2010 17:Jun:st 17JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FTishman-Speyer-opens-its-first-IT-park-in-India%2Farticleshow%2F5998923.cms Shortly after Dewan Housing and Muthoot Group announced their plans to foray into the low-cost housing segment, UP-based non-banking firm, SE Investments today said it would float a subsidiary targeting low-income clients. http://economictimes.indiatimes.com/markets/real-estate/news-/SE-Investments-plans-low-cost-housing-company/articleshow/5990621.cms Mon, 31 May 2010 12:May:st 12MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FSE-Investments-plans-low-cost-housing-company%2Farticleshow%2F5990621.cms Puravankara Projects today said it has entered into an agreement with Mexico-based Homex India Private to form a joint venture company for affordable housing projects. http://economictimes.indiatimes.com/markets/real-estate/news-/Puravankara-forms-JV-company-with-Mexicos-Homex/articleshow/5742074.cms Tue, 30 Mar 2010 17:Mar:th 17MarIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FPuravankara-forms-JV-company-with-Mexicos-Homex%2Farticleshow%2F5742074.cms The Realty Sector Dissents http://indiarealestatemonitor.com/property-news/the-realty-sector-dissents/ Tue, 16 Mar 2010 16:Mar:th 16MarIST http%3A%2F%2Findiarealestatemonitor.com%2Fproperty-news%2Fthe-realty-sector-dissents%2F A home by Shah Rukh Khan http://news.indiahousing.com/sep08/shah-rukh-khan-real-estate-news.html Tue, 02 Mar 2010 14:Mar:nd 14MarIST http%3A%2F%2Fnews.indiahousing.com%2Fsep08%2Fshah-rukh-khan-real-estate-news.html Holi through the year! http://realestate.indiatimes.com/articleshow/msid-1446767,curpg-4.cms Mon, 01 Mar 2010 18:Mar:st 18MarIST http%3A%2F%2Frealestate.indiatimes.com%2Farticleshow%2Fmsid-1446767%2Ccurpg-4.cms The Benefits of a Townhome http://ezinearticles.com/?The-Benefits-of-a-Townhome&id=3803239 Wed, 24 Feb 2010 13:Feb:th 13FebIST http%3A%2F%2Fezinearticles.com%2F%3FThe-Benefits-of-a-Townhome%26id%3D3803239 Realty cos eye infrastructure push, easier taxes http://economictimes.indiatimes.com/markets/real-estate/realty-trends/Realty-cos-eye-infrastructure-push-easier-taxes/articleshow/5592711.cms Tue, 23 Feb 2010 11:Feb:rd 11FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2FRealty-cos-eye-infrastructure-push-easier-taxes%2Farticleshow%2F5592711.cms Retail Sector demands Industry Status http://www.indianrealtynews.com/real-estate-india/retail-sector-demands-industry-status.html Mon, 22 Feb 2010 11:Feb:nd 11FebIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fretail-sector-demands-industry-status.html Demand Boost may Pick up Realty prices http://www.indianrealtynews.com/real-estate-developers/demand-boost-may-pick-up-realty-prices.html Thu, 18 Feb 2010 10:Feb:th 10FebIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-developers%2Fdemand-boost-may-pick-up-realty-prices.html Tips For Buying Your First Home http://realestatefactsonline.com/tips-for-buying-your-first-home/ Tue, 16 Feb 2010 14:Feb:th 14FebIST http%3A%2F%2Frealestatefactsonline.com%2Ftips-for-buying-your-first-home%2F Are NRIs deserting Indian realty market? http://economictimes.indiatimes.com/markets/real-estate/news-/Are-NRIs-deserting-Indian-realty-market-/articleshow/5451684.cms Mon, 15 Feb 2010 15:Feb:th 15FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FAre-NRIs-deserting-Indian-realty-market-%2Farticleshow%2F5451684.cms Mantri to roll out six townships http://economictimes.indiatimes.com/markets/real-estate/news-/Mantri-to-roll-out-six-townships/articleshow/5550394.cms Tue, 09 Feb 2010 15:Feb:th 15FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FMantri-to-roll-out-six-townships%2Farticleshow%2F5550394.cms Growth in IT Sector to Help Facilitate Growth in Real Estate http://www.indianrealtynews.com/real-estate-india/growth-in-it-sector-to-help-facilitate-growth-in-real-estate.html Fri, 05 Feb 2010 10:Feb:th 10FebIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fgrowth-in-it-sector-to-help-facilitate-growth-in-real-estate.html The Game of the Real Estate Market http://realestatefactsonline.com/the-game-of-the-real-estate-market/ Thu, 04 Feb 2010 11:Feb:th 11FebIST http%3A%2F%2Frealestatefactsonline.com%2Fthe-game-of-the-real-estate-market%2F Luxury Retail has Bright Prospect in India http://www.indianrealtynews.com/retail-market/luxury-retail-has-bright-prospect-in-india.html Wed, 03 Feb 2010 10:Feb:rd 10FebIST http%3A%2F%2Fwww.indianrealtynews.com%2Fretail-market%2Fluxury-retail-has-bright-prospect-in-india.html KP SIngh gets Padma Bushan for services to Real Estate Sector http://www.indianrealtynews.com/real-estate-india/kp-singh-awarded-padma-bhushan-for-services-to-real-estate-sector.html Thu, 28 Jan 2010 15:Jan:th 15JanIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fkp-singh-awarded-padma-bhushan-for-services-to-real-estate-sector.html Office rentals stabilize http://indiarealestatemonitor.com/property-news/office-rentals-stabilize/ Wed, 27 Jan 2010 14:Jan:th 14JanIST http%3A%2F%2Findiarealestatemonitor.com%2Fproperty-news%2Foffice-rentals-stabilize%2F India 3rd Most Popular Real Estate Destination among Emerging Countries http://www.indianrealtynews.com/real-estate-india/india-3rd-most-popular-real-estate-destination-among-emerging-countries.html Mon, 25 Jan 2010 11:Jan:th 11JanIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Findia-3rd-most-popular-real-estate-destination-among-emerging-countries.html New rules on real property valuation coming to India http://www.realestatetimes.in/cover-story/new-rules-real-property-valuation-coming-india Thu, 21 Jan 2010 10:Jan:st 10JanIST http%3A%2F%2Fwww.realestatetimes.in%2Fcover-story%2Fnew-rules-real-property-valuation-coming-india http://www.realestatetimes.in/cover-story/real-estate-events-and-exhibitions-how-useful-are-they Sat, 09 Jan 2010 12:Jan:th 12JanIST http%3A%2F%2Fwww.realestatetimes.in%2Fcover-story%2Freal-estate-events-and-exhibitions-how-useful-are-they http://indiarealestatelink.com/property-investing/real-estate-uses-celebritiese-name/ Wed, 06 Jan 2010 12:Jan:th 12JanIST http%3A%2F%2Findiarealestatelink.com%2Fproperty-investing%2Freal-estate-uses-celebritiese-name%2F http://www.realestatetimes.in/cover-story/new-rules-real-property-valuation-coming-indi Tue, 05 Jan 2010 17:Jan:th 17JanIST http%3A%2F%2Fwww.realestatetimes.in%2Fcover-story%2Fnew-rules-real-property-valuation-coming-indi http://www.indianrealtynews.com/retail-market/poor-retail-demand-may-lead-to-fewer-mall-construction-in-2010.html Thu, 31 Dec 2009 15:Dec:st 15DecIST http%3A%2F%2Fwww.indianrealtynews.com%2Fretail-market%2Fpoor-retail-demand-may-lead-to-fewer-mall-construction-in-2010.html http://indiarealestatemonitor.com/property-news/buyers-realize-homes-still-not-their-cup-of-tea/ Wed, 30 Dec 2009 18:Dec:th 18DecIST http%3A%2F%2Findiarealestatemonitor.com%2Fproperty-news%2Fbuyers-realize-homes-still-not-their-cup-of-tea%2F Despite of the upcoming IT Corridor in Coimbatore,Real Estate Growth seems to be sluggish http://www.indianrealtynews.com/real-estate-india/chennai/sluggish-growth-in-real-estate-coimbatore.html Tue, 29 Dec 2009 16:Dec:th 16DecIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fchennai%2Fsluggish-growth-in-real-estate-coimbatore.html Its time to Overcome the Real Estate Recession http://www.indianrealtynews.com/real-estate-india/commercial-real-estate-can-bounce-back-in-2010.html Sat, 26 Dec 2009 12:Dec:th 12DecIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fcommercial-real-estate-can-bounce-back-in-2010.html Management Courses for Real Estate Property Management http://www.realestatetimes.in/cover-story/educational-courses-real-estate-management Thu, 24 Dec 2009 14:Dec:th 14DecIST http%3A%2F%2Fwww.realestatetimes.in%2Fcover-story%2Feducational-courses-real-estate-management According to the �Emerging Trends in Real Estate Asia Pacific 2010 report� released recently, India�s Financial Capital Mumbai was ranked second only to Shanghai as the most promising development market. http://www.indianrealtynews.com/real-estate-india/mumbai/mumbai-rated-as-the-2nd-most-promising-development-market.html Tue, 22 Dec 2009 18:Dec:nd 18DecIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fmumbai%2Fmumbai-rated-as-the-2nd-most-promising-development-market.html The festive season is considered an auspicious period for buying a new home. But, this time around, potential home owners in Mumbai are faced with the million-dollar question http://economictimes.indiatimes.com/markets/real-estate/realty-trends/Dream-Homes-Buy-now-or-wait-/articleshow/5121823.cms Thu, 15 Oct 2009 12:Oct:th 12OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2FDream-Homes-Buy-now-or-wait-%2Farticleshow%2F5121823.cms Project details to be provided before hand. The bill requires developers to post project details, including civic clearances, on the real estate regulator's website. http://economictimes.indiatimes.com/articleshowpics/5059634.cms Wed, 07 Oct 2009 12:Oct:th 12OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Farticleshowpics%2F5059634.cms The ripples from the destruction and disruption caused by unseasonal rain and floods in the Deccan peninsula, particularly the economically important states of Andhra Pradesh and Karnataka, are expected be felt across India, impacting household budgets and companies over the coming weeks. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/Deccan-floods-may-drown-household-budgets-India-Inc/articleshow/5095712.cms Wed, 07 Oct 2009 11:Oct:th 11OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2FDeccan-floods-may-drown-household-budgets-India-Inc%2Farticleshow%2F5095712.cms Homes are still not affordable. Those described as 'affordable homes' are hardly homes. http://economictimes.indiatimes.com/markets/real-estate/news-/Buyers-realise-homes-still-out-of-reach/articleshow/5095684.cms Wed, 07 Oct 2009 11:Oct:th 11OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FBuyers-realise-homes-still-out-of-reach%2Farticleshow%2F5095684.cms HDFC Asset Management Company has picked up 10% in Bangalore-headquartered real estate firm Nitesh Estates for Rs 100 crore, http://economictimes.indiatimes.com/markets/real-estate/news-/HDFC-AMC-acquires-10-in-Nitesh-Estates-for-Rs-100-crore/articleshow/5091850.cms Tue, 06 Oct 2009 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FHDFC-AMC-acquires-10-in-Nitesh-Estates-for-Rs-100-crore%2Farticleshow%2F5091850.cms Financial intelligence Unit (FIU), India�s anti-money laundering agency, wants to scan real estate deals. http://economictimes.indiatimes.com/markets/real-estate/news-/All-property-deals-to-be-scanned-by-fin-watchdog/articleshow/5079409.cms Sat, 03 Oct 2009 10:Oct:rd 10OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FAll-property-deals-to-be-scanned-by-fin-watchdog%2Farticleshow%2F5079409.cms Real estate developer Omaxe Ltd may raise prices this fiscal year and plans to launch four new projects over the next two months on http://economictimes.indiatimes.com/markets/real-estate/news-/Omaxe-may-raise-prices-to-launch-new-projects/articleshow/5068218.cms Wed, 30 Sep 2009 11:Sep:th 11SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FOmaxe-may-raise-prices-to-launch-new-projects%2Farticleshow%2F5068218.cms Manoj and Sindhu � a young couple who moved to the Silicon Valley with IT jobs � had been living in the same house for over a decade. http://economictimes.indiatimes.com/articleshowpics/5061820.cms Tue, 29 Sep 2009 13:Sep:th 13SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Farticleshowpics%2F5061820.cms These are investors who are taking an opportunistic view of the situation where prices have corrected considerably in many locations ,� says Sanjay Dutt, CEO business at Jones Lang LaSalle Meghraj (JLLM). He estimates that a good 40% of the stock sold in the last few months would have gone to investors. Thu, 10 Sep 2009 13:Sep:th 13SepIST A sovereign fund of the Sultanate of Oman is investing roughly Rs 620 crore, or $125 million, in Mangalore-based realty developer Mohtisham�s 300-acre integrated township, sources privy to the development said. Thu, 10 Sep 2009 13:Sep:th 13SepIST Mothercare, a UK retailer for kids and expectant mothers, is forming a 51:49 joint venture with India�s largest real estate company DLF, said two people close to the development. Thu, 10 Sep 2009 13:Sep:th 13SepIST Close on the heels of launching Indiabulls Sky, its high-end residences project in South Mumbai, Indiabulls Real Estate Ltd has now announced the launch of a mini-township, Indiabulls Greens, just 5 kilometers from Panvel station. Spread across a serene 25 acres in close proximity to the Mumbai-Pune highway, the project offers a good alternative for buyers from Kharghar and Belapur looking to upgrade to a bigger home and a better lifestyle. Thu, 10 Sep 2009 12:Sep:th 12SepIST TATA HOUSING, an arm of Tata Sons that shot into limelight by launching homes for Rs 4 lakh near Mumbai, is in talks with at least two PE funds Thu, 10 Sep 2009 12:Sep:th 12SepIST The demand fundamentals of India are now focused around cities that have sufficient economic activity, be it industrial, service sector-driven or incentive-driven programs by the State Government Fri, 04 Sep 2009 18:Sep:th 18SepIST For once, developers in the state are pressing for an industry status for realty sector. Issues like financial support from banks, transparency in functioning of revenue department and reforms in archaic concepts of development control regulations are now teething problems for the sector. Fri, 04 Sep 2009 18:Sep:th 18SepIST Following a slew of new launches in the affordable housing segment in the past few months, real estate developers in the country are once again showing interest in land acquisition. Wed, 02 Sep 2009 12:Sep:nd 12SepIST While everybody is speaking about how good an opportunity it is to put in your money in real estate now, investors who intending to sell could do well waiting for about six more months to get some added advantage, say experts. Wed, 02 Sep 2009 12:Sep:nd 12SepIST Hotel-cum-tourism PSU, Indian Tourism Development Corporation (ITDC) plans to make private hotel companies and real estate players its franchisee partners. Wed, 02 Sep 2009 12:Sep:nd 12SepIST The developer has to either keep prices low or tie up with funding agencies such as private equity and complete the projects to get a delta premium for the built property. http://www.thehindubusinessline.com/iw/2009/08/30/stories/2009083050781200.htm Tue, 01 Sep 2009 11:Sep:st 11SepIST http%3A%2F%2Fwww.thehindubusinessline.com%2Fiw%2F2009%2F08%2F30%2Fstories%2F2009083050781200.htm t�s not merely prices, buyers are also concerned about infrastructure, something that many projects lack http://www.mydigitalfc.com/real-estate/affordability-eye-beholder-458 Tue, 01 Sep 2009 11:Sep:st 11SepIST http%3A%2F%2Fwww.mydigitalfc.com%2Freal-estate%2Faffordability-eye-beholder-458 The top three information technology service providers � Tata Consultancy Services (TCS), Infosys Technologies and Wipro Ltd � have cumulatively got approvals for developing 15 special economic zones (SEZs), but both analysts and the companies say these will be delayed due to the economic slowdown. http://www.business-standard.com/india/news/it-majors-go-slowsez-expansion/368348/ Tue, 01 Sep 2009 11:Sep:st 11SepIST http%3A%2F%2Fwww.business-standard.com%2Findia%2Fnews%2Fit-majors-go-slowsez-expansion%2F368348%2F NRI businessman C Sivasankaran is learnt to have put his 1.2 lakh square feet bungalow in Chennai on the block. Tue, 01 Sep 2009 11:Sep:st 11SepIST Mumbai continues to be the second costliest city in Asia Pacific in terms of prime rental rates. With rent of about USD 800 per sq metre per annum, Mumbai is ahead of the likes of Tokyo (USD 750 per sq metre p.a.) and Singapore (USD 625 per sq metre p.a.) as per the latest report of real estate consultancy firm Jones Lang LaSalle. Thu, 27 Aug 2009 13:Aug:th 13AugIST The Singapore-listed Indiabulls Properties Investment Trust, which is part of realty major Indiabulls Real Estate, is planning to raise up to 200 million Singapore dollars (about Rs 676 crore) through a rights issue. Thu, 27 Aug 2009 12:Aug:th 12AugIST The stand-off between the builders and the government over levy of infrastructure and amenities charges seems to be heading towards an amicable settlement with the Confederation of Real Estate Developers' Association of India (CREDAI) withdrawing a case it had filed in the Madras high court challenging amenities charges. Thu, 27 Aug 2009 11:Aug:th 11AugIST India Inc was on a savage cost cutting drive in the latter half of 2008-09. Salary cuts and job losses became the order of the day. http://economictimes.indiatimes.com/Realty-bosses-took-10-times-pay-hike-as-sales-plunged/articleshow/4935337.cms Thu, 27 Aug 2009 11:Aug:th 11AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2FRealty-bosses-took-10-times-pay-hike-as-sales-plunged%2Farticleshow%2F4935337.cms City realtors are shocked by the arson at Vedic Village in Rajarhat and fear that unless strong action is taken, investor and buyer confidence would be rattled. Terming the incident unfortunate, Confederation of Real Estate Developers Association of India (CREDAI) national president Santosh Rungta said it had raised basic concerns of how effective the administration is in tackling law and order problems. http://www.indianrealtynews.com/real-estate-india/kolkata-realtors-shocked-over-vedic-village-arson.html Wed, 26 Aug 2009 12:Aug:th 12AugIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fkolkata-realtors-shocked-over-vedic-village-arson.html Demand for residential projects in major cities is picking up on lower home loan rates, property price cuts by developers and job market recovery, a study by Religare Capital Markets Ltd said. Wed, 26 Aug 2009 12:Aug:th 12AugIST Indiabulls has bagged the city�s biggest redevelopment project. Gagan Banga, spokesperson for the group, said the Mantralaya venture was the most expensive project in the country. Wed, 26 Aug 2009 12:Aug:th 12AugIST Indiabulls Power, a unit of Indiabulls Real Estate, is in the final stages for a pre-IPO placement to raise Rs 410 crore from a group of banks and financial institutions. It is also looking to place the shares with a couple of private equity players, said people familiar with the development. Wed, 26 Aug 2009 11:Aug:th 11AugIST India Inc�s hiring activity picked up by 1.3 per cent in July with improvement in recruitment in IT, real estate and retail sectors, says a survey by job portal Naukri.com. Sat, 22 Aug 2009 11:Aug:nd 11AugIST A stint or two abroad is a common thing for most professionals these days. No wonder, financial advisors have to deal with many Indians with non-resident tag these days. According to them, most non-residents are keen to keep their Indian ties intact and invest in various avenues like mutual funds (MFs), fixed deposits, real estate and so on Sat, 22 Aug 2009 11:Aug:nd 11AugIST DLF has bagged the country�s largest land deal so far for Rs 1,750 crore, barely two days after it emerged as the sole bidder for the 350.7 acres of prime real estate in Gurgaon. This is also seen as a sign of revival of real estate in the country. The land was originally tendered in January 2009, but not much interest was shown by the developers so the authority decided to shelve the process. It was put for re-bid later this year and received three bids. Sat, 22 Aug 2009 11:Aug:nd 11AugIST The government is considering a sweeping review of its FDI guidelines following increasing risk of terror funds being parked in the country and other investments fraught with security implications. Sat, 22 Aug 2009 11:Aug:nd 11AugIST The demand fundamentals of the India story are now focused around all cities that have sufficient economic activity, be it industrial, service sector-driven or incentive-driven programs by the State Government. http://www.constructionweekonline.in/article-5382-the_tier_ii_iii_real_estate_story__then_and_now/ Sat, 22 Aug 2009 11:Aug:nd 11AugIST http%3A%2F%2Fwww.constructionweekonline.in%2Farticle-5382-the_tier_ii_iii_real_estate_story__then_and_now%2F The market, especially for budget homes, is picking up, but the buyers are cost conscious and hard to please. http://www.thehindubusinessline.com/iw/2009/08/16/stories/2009081650451500.htm Wed, 19 Aug 2009 10:Aug:th 10AugIST http%3A%2F%2Fwww.thehindubusinessline.com%2Fiw%2F2009%2F08%2F16%2Fstories%2F2009081650451500.htm Keep your bankers close, but your buyers closer. The Indian realty sector, crawling out of one of its toughest slumps, is literally moving closer to prospective home buyers as leading players look to inject more trust and entice reluctant fence-sitters. Wed, 19 Aug 2009 10:Aug:th 10AugIST Environment-friendly and energy- efficient buildings are increasingly becoming popular and may grow over three times in the next five years, thereby offering new opportunities to the beleaguered construction industry, a government official said today. Wed, 19 Aug 2009 10:Aug:th 10AugIST Good news for property buyers. The obnoxious black money, or the unaccounted cash component, for buying a flat is slowly fading out with buyers calling the shots in a market still being rebuilt after crumbling in last year�s financial storm. http://economictimes.indiatimes.com/Markets/Real-Estate/Realty-Trends/Black-money-falling-flat/articleshow/4900514.cms Wed, 19 Aug 2009 10:Aug:th 10AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarkets%2FReal-Estate%2FRealty-Trends%2FBlack-money-falling-flat%2Farticleshow%2F4900514.cms Chennai-based Coromandel Engineering (CECL), part of the US$3 billion Murugappa Group, has lined up a slew of residential and commercial projects in Chennai even prior to its proposed entry into Karnataka. Fri, 14 Aug 2009 11:Aug:th 11AugIST Housing, is affordable and affordable housing is even more affordable. That�s the mantra of Confederation of Real Estate & Developer�s Association of India�s (Credai) � Karnataka chapter. Fri, 14 Aug 2009 11:Aug:th 11AugIST Reviving demand in the infrastructure and real estate sectors is cascading down to the construction equipment rental industry. Fri, 14 Aug 2009 11:Aug:th 11AugIST Bogged down by the economic slowdown, the real estate sector is going all out to woo would-be buyers. Builders and realtors from across the country, thus, went all out to promote their upcoming projects at the three-day Property Expo, which concluded at Pragati Maidan on Monday. Thu, 06 Aug 2009 15:Aug:th 15AugIST The real estate space has started improving post April and south India has started showing signs of picking up too http://www.moneycontrol.com/india/news/business/constructing-over-5000-affordable-homes-puravankara/409916 Thu, 06 Aug 2009 15:Aug:th 15AugIST http%3A%2F%2Fwww.moneycontrol.com%2Findia%2Fnews%2Fbusiness%2Fconstructing-over-5000-affordable-homes-puravankara%2F409916 Nitesh Estates, a Bangalore-based realty major, is on private equity trail after Citigroup snapped a $350-million funding last year, citing the deteriorating economic environment. Thu, 06 Aug 2009 15:Aug:th 15AugIST Industry body Assocham today said the government should appoint a real estate regulator to help expedite the redressal of consumer grievances. http://www.livemint.com/2009/08/04164717/Govt-should-appoint-real-estat.html?h=B Wed, 05 Aug 2009 12:Aug:th 12AugIST http%3A%2F%2Fwww.livemint.com%2F2009%2F08%2F04164717%2FGovt-should-appoint-real-estat.html%3Fh%3DB While demand for homes has picked up in the suburbs, thanks to the spate of budget housing projects (homes upwards of Rs 10 lakh) announced by numerous builders recently, banks are still not witnessing offtakes for home loans upwards of Rs 50 lakh. Wed, 05 Aug 2009 11:Aug:th 11AugIST Despite the global financial meltdown owing to overexposure to the housing sector, Indian banks were quite bullish in their investments to the real estate. The total outstanding credit to the real estate sector by Indian banks, both government-owned and private, at the end of March 2009 was Rs 91,500 crore as against Rs 63,000 crore till March 2008. This was not only an increase of 45% over the previous year but was more than double the amount of Rs 44,000 crore exposure of these banks during the boom period of 2007. Tue, 04 Aug 2009 15:Aug:th 15AugIST With the first signs surfacing of a revival in the realty sector, several developers have resumed buying large plots of land for building luxury and budget housing projects as well as to enter new markets. http://www.livemint.com/2009/08/02214942/Bigticket-land-buys-on-realty.html?h=B Tue, 04 Aug 2009 15:Aug:th 15AugIST http%3A%2F%2Fwww.livemint.com%2F2009%2F08%2F02214942%2FBigticket-land-buys-on-realty.html%3Fh%3DB Provident Housing, a fully-owned subsidiary of the Bangalore-based Puravankara Group, is learnt to have bought a 62-acre land parcel in the outskirts of Bangalore. The deal is believed to have been struck for a value of Rs 150 crore. Tue, 04 Aug 2009 15:Aug:th 15AugIST Shareholders can continue to stay invested in Puravankara Projects. For a mid-tier realty player, the company has done well to stay away from the debt trap that many of its peers were caught in, not too long ago. Puravankara has also been prudent in not launching any new projects over the past year under the parent company and has, instead, made a successful entry into mid-income housing through its subsidiary. Mon, 03 Aug 2009 11:Aug:rd 11AugIST A maritime college, an engineering college and many real estate firms are slowly converting the sterile Kalpakkam nuclear zone into a development zone without the approval of the District Town and Country Planning (DTCP) authorities. Mon, 03 Aug 2009 11:Aug:rd 11AugIST Industry welcomes interest subvention on home loans in the affordable housing segment and extension of tax holiday for housing projects, but feels these are not enough. Mon, 03 Aug 2009 11:Aug:rd 11AugIST Is it a good time to buy or sell in the real estate market right now? Chances are that as a prospective buyer or a property owner, you may be facing a serious dilemma. Sat, 01 Aug 2009 11:Aug:st 11AugIST In a few months from now, a uniform real estate valuing method will be put in place across the country. For that, the National Housing Bank (NHB) has prepared a draft of real estate uniform valuing methods Sat, 01 Aug 2009 11:Aug:st 11AugIST What�s in a name, you may ask. Lots, if you believe the nation�s property developers and go by the latest trend in the real estate industry as well. Sat, 01 Aug 2009 11:Aug:st 11AugIST At an office building in a business district near Washington, D.C., a sign advertises commercial space for rent. Vacancies used to be snapped up quickly here, but the building manager said the sign has hung for months and no one has expressed interest in leasing the space. Fri, 31 Jul 2009 12:Jul:st 12JulIST Finance minister Pranab Mukherjee said that the interest rate subsidy for mid-segment housing would be routed to customers through commercial banks and housing companies registered with the National Housing Bank. Fri, 31 Jul 2009 12:Jul:st 12JulIST While the real estate sector is showing some signs of bouncing back, thanks to the positive response evoked by a large number of budget housing projects (homes upwards of Rs 10 lakh) launched in the suburbs, the sale of residential space in places like Teynampet, Nungambakkam, Mount Road and Mylapore in the heart of the city is still muted. Fri, 31 Jul 2009 12:Jul:st 12JulIST Movements in prices of real estate, particularly residential housing, is of vital importance to the macroeconomy as well as to individual households. For most Indians, a house is the single largest component of wealth and one that has been acquired with considerable efforts and possibly, some sacrifice. Fri, 31 Jul 2009 12:Jul:st 12JulIST In what could be a trendsetter, Chennai-based L&T Arun Excello Realty -- a joint venture between an L&T subsidiary and a local real estate grou Fri, 31 Jul 2009 12:Jul:st 12JulIST Encouraged by price correction and lowering of interest rates, the real estate market, after a period of relative inactivity lasting the first few months of the year, witnessed improved levels of activity on the part of retail investors in the residential sector, especially in the low to mid-end housing segment, said experts as well as market analysis reports of the second quarter in 2009. Wed, 29 Jul 2009 13:Jul:th 13JulIST All eyes are now on the government sector. Government employees are being wooed like never before be it real estate, consumer durables and auto. Wed, 29 Jul 2009 13:Jul:th 13JulIST The government will extend tax breaks for industrial park schemes and developers of real estate and road projects to stimulate the economy and lift growth to 8-9 percent by the end of 2010, the finance minister said on Monday. Wed, 29 Jul 2009 13:Jul:th 13JulIST Property developer Prestige Group is evaluating building houses in the Rs 12-25 lakh range as it believes this segment will bring in volumes. On whether this will be a viable option for the builder, Irfan Razack, Chairman and Managing Director, Prestige Group, said, �This depends on where we get land at reasonable prices. We will have to see where else to cut costs. Wed, 29 Jul 2009 13:Jul:th 13JulIST Tobacco-to-hotels major ITC Ltd has lined up an investment of Rs 8,000 crore to scale up its hotels business. The company is looking at both the organic and the inorganic routes to expand and is also open to the idea of picking up a strategic stake in a hotel project. Wed, 29 Jul 2009 12:Jul:th 12JulIST FIIs, who resumed their buying spree after a brief pause in the run up to the Budget, are placing their bets on realty stocks. FIIs, who have net bought equity worth more than $6 billion so far this year, have increased their stakes substantially in top realty companies in three months, boosting prices of stocks in the sector. Wed, 29 Jul 2009 12:Jul:th 12JulIST Pride Group of Hotels, part of S P group of companies, is planning to invest around Rs 8 billion by 2015 and to fund the projects, the company is planning to raise Rs 2 billion through initial public offering (IPO), reports Business Standard. Wed, 29 Jul 2009 12:Jul:th 12JulIST The Centre�s move to extend by two years a key tax exemption available to builders of smaller homes and give interest subsidy to home buyers is likely to boost supply of lower-priced homes and could nudge fence-sitters to return to the market, industry officials say. Wed, 29 Jul 2009 12:Jul:th 12JulIST New Delhi based PE firm Red Fort Capital Advisors Pvt Ltd is also said to be in the race. Top notch investment firms including New York based Blackstone Group LP, Apollo Investment Management LP are on the race to buy stake in Bank of America Merrill Lynch Asian real estate investment business. Wed, 22 Jul 2009 11:Jul:nd 11JulIST Along with Chinese and Indians, Ethiopia could now see a rush of investment from the Gulf, with the Dubai state investment company�s $100 million hospitality venture getting a green light. Tue, 21 Jul 2009 10:Jul:st 10JulIST The quarter ended June 2009 saw the BSE Sensex gyrating with elation after the results of the general elections, rising in anticipation of a path-breaking budget, only to sag in disappointment over just another run-of-the-mill budget presentation in July. Tue, 21 Jul 2009 10:Jul:st 10JulIST The cost of bank loans for firms engaged in the business of hotels and hospitality may decline, with the Reserve Bank of India (RBI) proposing to keep such loans out of what is considered to be banks� commercial real estate (CRE) exposure. According to 7 July draft guidelines released by RBI, bank loans to entrepreneurs for acquiring real estate for their business would not be classified as CRE exposure. Tue, 21 Jul 2009 10:Jul:st 10JulIST Nepal may not be the obvious next property hotspot but the mountainous country between India and China is experiencing a mini real estate boom as wealthy Nepalese real estate investors seek a safe have for their money, it is claimed. Tue, 21 Jul 2009 10:Jul:st 10JulIST The ministry of corporate affairs (MCA) has suggested that Maytas Infra, the infrastructure arm headed by Teja Raju, could go the Satyam way. Corporate affairs minister Salman Khursheed, in an interview to a news channel on Sunday, opined that the government-nominated directors on the Maytas board could explore the possibility of a stake sale. Mon, 20 Jul 2009 16:Jul:th 16JulIST The Chennai-based Repco Home Finance Ltd (RHFL) has registered significant growth in home loan offtake during the first quarter of the current year. Mon, 20 Jul 2009 15:Jul:th 15JulIST Call it recession or an oversupplied market (in terms of office space), or the general negative sentiment prevailing in the market, office real estate hit an all time low with values nearly bottoming out as compared to its peak around 8-12 months ago, in fact, the commercial real estate values dropped by an average of 25% in all markets and touched 50% in some. Sat, 18 Jul 2009 14:Jul:th 14JulIST Hiranandani Upscale, a fully-owned company of Mumbai-based developer Hiranandani Group, is learnt to have bought 135 acres in Bangalore, Chennai and Hyderabad for Rs 800 crore. According to a person involved in the transaction, the agreement had been signed last month between Hiranandani Upscale and three individual sellers in these cities. �The three land parcels comprise 80 acres in Bangalore, 35 acres in Chennai and 20 acres in Hyderabad,� said the person. Hiranandani Upscale plans to develop townships in these cities at a later date. Sat, 18 Jul 2009 14:Jul:th 14JulIST In a signal that India�s retail trade sector may not be opened any further, the government Wednesday said the interests of small traders will be protected as the industry is the second largest employer after agriculture. Sat, 18 Jul 2009 14:Jul:th 14JulIST Industry body Assocham has asked the government to review the draft of Real Estate Regulator Bill saying many of its provisions are harsh and inimical to the sector. Sat, 18 Jul 2009 14:Jul:th 14JulIST Bring out the defibrillators for commercial real estate. The commercial real estate market is still dead � at least the part the Federal Reserve has targeted to resuscitate lending for developers and owners of office buildings, hotels and other commercial property. Sat, 18 Jul 2009 14:Jul:th 14JulIST As at least 8,000 workers and professionals rush to complete the world�s tallest, 160-storey (818m tall) Burj Dubai tower by its December deadline, 1,800 workers are at the Imperial Towers project site in southern Mumbai finishing what will be India�s tallest building. The 252m-tall, 65-storey twin- tower project that began in 2002 is scheduled to be completed later this year. Sat, 18 Jul 2009 14:Jul:th 14JulIST Large realty firms are likely to report lower revenues and net profits in the three months to June from a year ago because of lower demand, lower prices and huge debts. Analysts, however, expect that when the companies report results for the June quarter, there might be some improvement from the preceding three months, signalling that demand might have returned slowly and financial restructuring has helped. Sat, 18 Jul 2009 14:Jul:th 14JulIST ICICI Venture is launching a Rs 1,000Cr real estate fund, which will focus on commitments from domestic investors. Fri, 17 Jul 2009 11:Jul:th 11JulIST The country�s special economic zones (SEZ) have attracted foreign direct investment (FDI) of over Rs 10,900 crore in the last three years, Minister of State for Commerce and Industry Jyotiraditya Scindia said today. Fri, 17 Jul 2009 11:Jul:th 11JulIST Chief minister of Kolkata Buddhadeb Bhattacharjee�s tryst with the Salim group to make up for the state�s inadequate infrastructure seems to have hit a blind lane. State finance minister Asim Dasgupta on Thursday formally announced the government�s decision to scrap the much-hyped Barasat-Raichak expressway while speaking on the Appropriation Bill in the Assembly. Fri, 17 Jul 2009 11:Jul:th 11JulIST Even as the Pimpri-Chinchwad Municipal Corporation (PCMC) issued 146 notices to developers/builders asking them to take measures to prevent mosquito breeding at constructions sites, the civic body announced a joint drive with builders to undertake fogging to prevent occurrences of dengue and malaria cases in the municipality. Fri, 17 Jul 2009 11:Jul:th 11JulIST The real estate sector, which has been languishing for some time, appears to have found its feet with focus on affordable housing and this may reflect in the June quarter results of the companies. Fri, 17 Jul 2009 11:Jul:th 11JulIST The green shoots of March quarter didn't die. Rather they grew up to signal a clear economic recovery in the second quarter. Steel and cement consumption � an important barometer of economic activity � kept its March quarter momentum on the back of robust infrastructure demand. Fri, 17 Jul 2009 10:Jul:th 10JulIST Close on the heels of hastening the planning permission mechanism for small buildings, the Chennai Metropolitan Development Authority has initiated steps to put the approval process for multistoreyed buildings (MSB) also on the fast track in the Chennai metropolitan area. Thu, 16 Jul 2009 11:Jul:th 11JulIST A man, wanted by city police for allegedly cheating NRIs to the tune of Rs eight core by luring them to invest in a non-existent hotel project in Karnataka two years ago, was arrested in Kolkata on Wednesday. Thu, 16 Jul 2009 10:Jul:th 10JulIST India�s legendary Lake Palace, a favourite hotel of the rich and famous and known as one of the most romantic retreats in the world, has lost its lake. Guests at the five-star hotel, which is normally reachable only by boat, are instead being ferried to their luxury rooms by four-wheel-drive vehicles. Thu, 16 Jul 2009 10:Jul:th 10JulIST �No frills, Simple homes� reads the banner hanging in the Delhi headquarters of Unitech, India�s leading property developer. Thu, 16 Jul 2009 10:Jul:th 10JulIST After long lull, there is flurry of activities in the realty sector. The large NRI community, especially Malyali and Punjabi, are on rampage. If the recent study of Assocham on the real estate scene in India is any indication, the large Malayali and Punjabi NRIs are buying the houses of their liking. Thu, 16 Jul 2009 10:Jul:th 10JulIST The Vadodara Estate Brokers� Association (VEBA) has started issuing identity card to its members in an attempt to avoid fraud in the real estate business. Along with the identity cards, the members will also carry a form with comprehensive details about both clients and agents. Thu, 16 Jul 2009 10:Jul:th 10JulIST City-headquartered VijayShanthi Builders today said they have obtained the planning approval for its Rs 300 crore Lotus Pond project from the Directorate of Town and Country Planning, Chennai. In a communication t Wed, 15 Jul 2009 11:Jul:th 11JulIST The three-km long elevated corridor from the Ambattur Industrial Estate to the Pattaravakkam railway station, the first of its kind in the state, is complete but vehicle-users have to wait for a year to use it. Wed, 15 Jul 2009 11:Jul:th 11JulIST According to a recent survey by Crisil Real Estate Research Group, the present downward trend in the real estate market will reverse by 2010. Wed, 15 Jul 2009 11:Jul:th 11JulIST Hi-Tech Infrastructure Private Limited, promoted by Coimbatore-based KG Information Systems Limited (KGISL), plans to invest around Rs 600 core over the next two years in building a township at a special economic zone (SEZ), the first SEZ for IT and ITeS sectors being developed at Saravanampally in Coimbatore. Wed, 15 Jul 2009 11:Jul:th 11JulIST Industry body Assocham along with the Ministry of Commerce and Industry will lead a 40-member business delegation comprising representatives from Videocon, JSW Steel, SAIL and others to Japan to attract investments to India�s Special Economic Zones (SEZs). Wed, 15 Jul 2009 11:Jul:th 11JulIST Malaysia-based hospital chain Columbia Asia Hospitals plans to set up 15 new multi-speciality hospitals in India in three years. Wed, 15 Jul 2009 11:Jul:th 11JulIST Ashok Leyland, the flagship of the Hinduja Group, and John Deere Construction & Forestry Company announced today the completion of all legal formalities for the formation of the joint venture company � Ashok Leyland John Deere Construction Equipment Private Ltd. Wed, 15 Jul 2009 10:Jul:th 10JulIST It is known that demand for housing has increased in last one month, but this growth is restricted towards new projects. Buyers are rejecting resale properties. Tue, 14 Jul 2009 15:Jul:th 15JulIST Cinepolis India, part of Mexico-based entertainment giant Cinépolis, has entered in to a strategic partnership with real estate development company Advance India Projects Ltd (AIPL) for its north India operation. As part of the plan, Cinepolis India will open its multiplex at Celebration Mall, one of AIPL construction to be operational in Amritsar, according to a company press release Tue, 14 Jul 2009 14:Jul:th 14JulIST Commercial real estate transactions, considered a key indicator of economic activity, is showing first signs of stability after a free fall during the early part of this year. According to real estate consultants, the worst phase for the industry seems to be over as lease rentals both in peripheral areas as well as the central business district (CBD) are showing signs of settling down, in addition to deals getting clinched. Tue, 14 Jul 2009 14:Jul:th 14JulIST India�s retail business, the second largest employer after agriculture, is estimated to touch $590 billion in two years, Parliament was informed today. Tue, 14 Jul 2009 14:Jul:th 14JulIST Presently facing a downward trend, the real estate market is likely to recover by 2010 with increase in demand for residential segment driven by improving affordability, steady economic growth and greater liquidity. These are the findings of a survey carried out in 10 cities, including Chandigarh, by the Crisil Real Estate Research Group. Tue, 14 Jul 2009 14:Jul:th 14JulIST Indian cities have the potential to have over 300 new hypermarkets by 2011, mostly in tier-I and tier-II cities, according to a joint study by global auditor KPMG and the Associated Chamber of Commerce and Industry (Assocham). Mon, 13 Jul 2009 11:Jul:th 11JulIST Developers in India have stopped offering discounts on properties and in some cases are even increasing prices as demand rises. Mon, 13 Jul 2009 11:Jul:th 11JulIST Commercial real estate transactions, considered a key indicator of economic activity, is showing first signs of stability after a free fall during the early part of this year. Mon, 13 Jul 2009 11:Jul:th 11JulIST Banks in India are urging property developers to stop increasing real estate prices as it could stall a recovery in the market. Mon, 13 Jul 2009 11:Jul:th 11JulIST The government department responsible for the promotion of industry is proposing easier rules to allow overseas investors to be part of smaller real estate projects and lower capitalisation norms for those which involve facilities related to hospitality or tourism. Mon, 13 Jul 2009 11:Jul:th 11JulIST While IT companies appear to have resigned themselves to the uncertainty in continuation of STPI (Software Technology Parks of India) benefits, IT space developers have not taken this well as they find themselves left with a huge surplus stock of developed space and locked up investments. Mon, 13 Jul 2009 11:Jul:th 11JulIST DLF has raised around Rs 1,000 crore through sale of land parcels across four cities in the past 4-5 weeks and is on course to close more such deals worth another Rs 500 crore in the coming weeks, two company executives said. Sat, 11 Jul 2009 13:Jul:th 13JulIST he Indian HNI (High Net Worth Individual ) is being aggressively wooed The Indian HNI (high net worth individual) is being aggressively wooed by foreign developers . With the balance of economic power shifting towards Asia, and with India projected to be the world's third largest economy by 2050, and a subsequent increase in the number of wealthy individuals, property consultants from across the globe are making a sales pitch, and also getting the HNI segment interested enough to buy. Sat, 11 Jul 2009 13:Jul:th 13JulIST The Central Government on Thursday said that it is considering a model legislation on regulating real estate in Delhi. Sat, 11 Jul 2009 13:Jul:th 13JulIST The global investment fund Ireo announced its plans to invest $500 million in real estate projects across the country. The project mix will include both residential and commercial developments. The $500 million fo-rms part of the $2 billion tranche of fund available with the Ireo. �We already have invested close to $1.5 billion towards Sat, 11 Jul 2009 13:Jul:th 13JulIST Planning a major foray into service apartments segment, international player Oakwood Worldwide would launch 11 five-star category temporary housing facilities across India over next three years.While the brand is already operational in Pune, Mumbai and Bangalore with four properties, it will have operations in prominent Indian cities such as Chennai, New Delhi, Hyderabad, Thiruananthapuram and Ahmedabad by 2012. Sat, 11 Jul 2009 13:Jul:th 13JulIST India�s largest real estate developer DLF has sold its stake in a 50:50 joint venture with Mumbai-based Ackruti City for developing a commercial project in Mumbai to a US-based real estate fund for over Rs 200 crore, two senior executives at DLF said, asking not to be named. Fri, 10 Jul 2009 11:Jul:th 11JulIST When property prices across the country shot up sharply, several tier II and tier III cities clocked a higher rate of growth than even the metros. Once the market sentiments turned negative, the downward spiral in prices were faster in these second and third-rung cities, as investors dropped them from their portfolio. Fri, 10 Jul 2009 11:Jul:th 11JulIST While most real estate developers were disappointed with the Budget, a few realtors and global property service provider Jones Lang LaSalle (NYSE:JLL) Meghraj stated that increased infrastructure spends would indirectly benefit real estate. Mr Anuj Puri, Chairman and Country Head, Jones Lang LaSalle Meghraj, said, of late, increasing number of infrastructure projects had a real estate component by virtue of a cross-subsidisation principle. Thu, 09 Jul 2009 12:Jul:th 12JulIST Riding high on the return of demand and rising sales in housing, several real estate developers are stopping discounts, have stalled further price cuts, increased prices in budget housing projects launched recently, and are returning to revive high-end projects. Property experts said they do not expect this to be reflective of demand returning strongly to the housing market and think it is just that some developers are testing the waters with higher prices. Thu, 09 Jul 2009 12:Jul:th 12JulIST Real estate players in the city are a disappointed lot as they feel the finance minister's proposals for the sector have ignored the aspirations of the Indian middle class. Thu, 09 Jul 2009 11:Jul:th 11JulIST Leading bankers on Tuesday cautioned real estate developers against raising residential prices, saying that any such move at this juncture would stall recovery in the market. �Certain top-rung developers have already started increasing prices, especially in mid-income projects, following the recent pick up in sales. Besides, with liquidity no longer a constraint, certain developers are seeking once again to increase their margins,� Mr Deepak Parekh, Chairman, HDFC, said. Thu, 09 Jul 2009 11:Jul:th 11JulIST The real estate sector leaders believe that no additional burden of taxes and duties in the Union Budget is good news for them as input costs will remain the same. Thu, 09 Jul 2009 11:Jul:th 11JulIST Leighton India has signed a Project Alliance Agreement with Tata Realty and Infrastructure Limited (TRIL) for the delivery of the new Ramanujan IT Park in Chennai, India. Thu, 09 Jul 2009 11:Jul:th 11JulIST Following new rate cuts in a highly competitive home loan market, real estate developers feel time has finally arrived to offload their projects, transform residential property demand into actual purchase decision by home seekers, generate capital for the new projects and thereby keep the market fluid. Thu, 09 Jul 2009 11:Jul:th 11JulIST It seems that Pranab Mukherjee presented a different budget in each of the six cities that ET Hansa Research Post Budget Mood of The Nation Poll was conducted. Thu, 09 Jul 2009 10:Jul:th 10JulIST Emaar MGF, a joint venture (JV) between MGF Developments and Emaar Properties of Dubai, has taken the first step towards return to the stock markets by initiating talks with an investment banker, reports Economic Times. Mon, 06 Jul 2009 15:Jul:th 15JulIST The Bangalore-based Mantri Developers has come out with compact apartments about 20-25 per cent smaller than what was commonly sold till last year. A residential unit now is about 1,000 sq.ft for a two-bedroom apartment instead of 1,300 sq.ft earlier. Mon, 06 Jul 2009 15:Jul:th 15JulIST Shriram Properties, part of the Chennai-headquartered diversified Shriram Group, has appointed Macquarie and Enam Financial Consultants as advisors for the proposed Rs 500-700-crore initial public offering. Thu, 02 Jul 2009 14:Jul:nd 14JulIST The government on Wednesday allowed developers of special economic zones to raise overseas debt for building infrastructure facilities within the zones. Thu, 02 Jul 2009 13:Jul:nd 13JulIST The tourism industry continues to lobby hard with the finance ministry, seeking infrastructure status for hotels, tax sops for restaurants and a uniform road tax on tourist vehicles in the next budget. Thu, 02 Jul 2009 13:Jul:nd 13JulIST Plans by the promoters of top real estate company DLF to buy out hedge fund DE Shaw�s investment in family-owned DLF Assets (DAL) could hit a roadblock because of a little known rule in the country�s foreign exchange laws, people familiar with the matter said. Thu, 02 Jul 2009 13:Jul:nd 13JulIST Activity levels are gaining traction in the near moribund housing market as a flurry of interest rate cuts, price drops and the building industry�s focus on affordable housing start to lure buyers back into the market. Wed, 01 Jul 2009 10:Jul:st 10JulIST The real estate sector plays a significant role in India�s economy. Almost 5% of the country�s gross domestic product (GDP) is contributed by housing alone and an unit increase in expenditure in this sector has a multiplier effect and the capacity to generate income as high as five times the increase in expenditure. Wed, 01 Jul 2009 10:Jul:st 10JulIST Asian property firms are beginning to see light at the end of the tunnel and several are positioning for an upturn even as the world economy struggles to recover from its worst recession in decades. Wed, 01 Jul 2009 10:Jul:st 10JulIST Having been hit the hardest by the economic downturn, embattled realty majors are betting big on the forthcoming Budget, to be presented on July 6, in a bid to revive the sector�s fortunes. Wed, 01 Jul 2009 10:Jul:st 10JulIST Real estate developers have begun to increase property prices in some pockets of Mumbai like Ghatkopar, Thane and Andheri, after emerging unscathed from a severe liquidity crunch. Wed, 01 Jul 2009 10:Jul:st 10JulIST The reality on the ground doesn't seem to be in keeping with the sharp run-up in stock prices. Tue, 30 Jun 2009 13:Jun:th 13JunIST Activity levels are gaining traction in the near moribund housing market as a flurry of interest rate cuts, price drops and the market. Tue, 30 Jun 2009 11:Jun:th 11JunIST Looking at replicating a Singapore or a new Shanghai model of development is not the way forward for Chennai or any other city, according to Jeb Brugmann, Canadian expert on urbanization. "People in rural areas in Tamil Nadu and elsewhere are increasingly looking to migrate to urban centres, and hold education and employability as the keys which will unlock the doors to better standards of living. Tue, 30 Jun 2009 11:Jun:th 11JunIST RE/MAX India, a part of the world's largest Real Estate franchising network has announced its plans of entering into the state of Gujarat. Tue, 30 Jun 2009 11:Jun:th 11JunIST DLF, India's largest real estate company, announced last week that it won't be selling many of its real estate holdings, which it had put on the block a few months back. Tue, 30 Jun 2009 11:Jun:th 11JunIST German retail giant Metro Cash & Carry is floating a real estate joint venture with local developers for its store network across the country. Under this proposal, Metro will transfer its land bank into the JVs and sell a majority stake to realty firms depending on the development potential at each location. Thu, 25 Jun 2009 11:Jun:th 11JunIST In line with a Central legislation, Maharashtra government will soon levy a cess on all public and private constructions in the state costing over Rs10 lakh, hoping to generate Rs2,000 crore annually for rolling out schemes for construction labourers. Thu, 25 Jun 2009 11:Jun:th 11JunIST Laxity in promoting Coimbatore as next IT destination after Chennai,time-consuming approval process, speculative land prices, conservative nature of people and lack of political clout are some of the key reasons identified behind the sluggish growth in real estate in the techcity. Thu, 25 Jun 2009 11:Jun:th 11JunIST The real estate market is likely to recover on increasing demand in the residential segment in 2010, driven by improving affordability, steady economic growth and greater liquidity, a Crisil report says. Thu, 25 Jun 2009 10:Jun:th 10JunIST A home is the ultimate security that every person wants. Just a year earlier ago prices of house were at an all-time high but soon economic slowdown forced the price to come down. Wed, 24 Jun 2009 19:Jun:th 19JunIST The Indian HNI (high net worth individual) is being aggressively wooed by foreign developers. Wed, 24 Jun 2009 19:Jun:th 19JunIST A real estate brokerage firm in the national capital has admitted to evading Rs 85 crore in taxes, official sources said. Wed, 24 Jun 2009 19:Jun:th 19JunIST In order to revive the demand in the real estate sector, Urban Development Minister Jaipal Reddy today favoured cheaper loans for buying houses. �Real estate is facing a slowdown. Fri, 19 Jun 2009 10:Jun:th 10JunIST Although, Indian economy as a whole has largely been insulated against the global economic slowdown, the Indian real estate sector has been severely been affected keeping in sync with the fortunes of the global real estate sector. Fri, 19 Jun 2009 10:Jun:th 10JunIST The newly formed Malaysia India Business Council (MIBC) is calling on more Malaysian companies to invest in South India, as the time was ripe for investments in the infrastructure and real estate sectors there. Fri, 19 Jun 2009 10:Jun:th 10JunIST Anglo Indian real estate fund Meghraj and British hotel chain Travelodge are together launching a £100 million ($164.5 million) fund called Tamesis Capital to invest in hotels in UK. The fund will focus on investing in distressed hotel assets, reports PropertyWeek.com. Fri, 19 Jun 2009 10:Jun:th 10JunIST Realty major DLF has sought government approval for building service apartments and commercial complexes in four special economic zones, of which two are located in Gurgaon. Fri, 19 Jun 2009 10:Jun:th 10JunIST Tamil Nadu government is planning a special IT industry economic zone spanning 1,000 square kilometres, according to T Willington, director of projects, Tamil Nadu Industrial Development Corporation (TIDCO). Fri, 19 Jun 2009 10:Jun:th 10JunIST If the lure of political power was not enough to convince the Leftists of the advantages of pragmatism then the state of the economy seems to have done the trick. Thu, 18 Jun 2009 10:Jun:th 10JunIST Buoyed by a huge response, real estate firm Tata Housing has added 300 units to its offer of 1,000 low-cost houses, which are being sold for Rs 4 lakh a flat, in Boisar near Mumbai. Wed, 17 Jun 2009 10:Jun:th 10JunIST Tecom�s decision to close its contract with Collin Buchnan, the master planner for the project, will have a serious �short-term impact� on the real estate sector, experts said. The real estate sector had been showing signs of recovery in the last few months but now it will have to adopt a wait and watch policy. Wed, 17 Jun 2009 10:Jun:th 10JunIST Investors cannot follow a buy-and-hold strategy, but there can be short-term gains. Wed, 17 Jun 2009 10:Jun:th 10JunIST Unitech, India's second largest realty major, is looking to raise more equity and is evaluating several options for this exercise. Wed, 17 Jun 2009 10:Jun:th 10JunIST Software solutions and services provider Zylog Systems India Ltd on Sunday announced the launch of its wireless internet service Tue, 16 Jun 2009 11:Jun:th 11JunIST Providing good growth potential for global retailers amid the economic slowdown, India has emerged as the most alluring market for investment in the retail sector, surpassing the likes of China, Russia and the United Arab Emirates. Tue, 16 Jun 2009 11:Jun:th 11JunIST As listed real estate firms brace to raise about $2 billion (Rs 9,600 crore) through qualified institutional placement routes, their unlisted counterparts are not far behind. Tue, 16 Jun 2009 10:Jun:th 10JunIST Merger of State Bank of India�s six associates with itself could be completed within six months once the Union Government extends approval for the process, SBI Chairman O P Bhatt said. Tue, 16 Jun 2009 10:Jun:th 10JunIST TVS Capital, an Indian mid-market-focused private equity firm, has hired D Sundaram, the former vice chairman of consumer goods company Hindustan Unilever, as vice chairman and managing director, according to VCCircle. Tue, 16 Jun 2009 10:Jun:th 10JunIST Real estate consultants are predicting a rise in property prices in the areas that will soon be linked by the Metro Rail project. Tue, 16 Jun 2009 10:Jun:th 10JunIST Western India remained the most favoured investment destination for corporates in 2008-09, according to an industry lobby report. Mon, 15 Jun 2009 12:Jun:th 12JunIST Ten months after the Maharashtra government announced a scheme for 500,000 rental homes in five years to fight a housing shortage and an expanding slum population in Mumbai, the results are starting to show. Sat, 13 Jun 2009 12:Jun:th 12JunIST With the market sentiment buoyant over the prospects of a stable and investment-friendly government at the Centre and a distinct exchange rate advantage, overseas Indians may once again turn their attention to the rapidly-recovering real estate market in India Sat, 13 Jun 2009 11:Jun:th 11JunIST The 12th India Realty Expo 2009 held in Dubai saw 106 flats worth Rs 65.33 crore being booked, a senior real estate industry official said Sat, 13 Jun 2009 11:Jun:th 11JunIST The rate of default in repaying home loan installments in public sector banks like SBI (State Bank of India) and PNB (Punjab National Bank) has gone up in the past six months as compared to private banks. Offering of these loans on a platter in the last six months so that the buying capacity is enhanced in a market beset with slowdown is believed to be one of the main reasons for the rate of defaults. Sat, 13 Jun 2009 10:Jun:th 10JunIST India�s real estate firms are seeking share sales to settle debt and meet working capital needs as valuations improve, but the funds won�t be enough to salvage them if sales don�t pick up, say industry watchers. Sat, 13 Jun 2009 10:Jun:th 10JunIST Red Fort Capital, a private equity real estate fund, has invested in a Delhi project of real estate firm Parsvnath Developers Ltd. Sat, 13 Jun 2009 10:Jun:th 10JunIST Green is in. Several new assets such as residences, hospitals, manufacturing units and hotels are rushing to register for a green rating. So far, IT parks and corporate offices have dominated the green building space in the country. Fri, 12 Jun 2009 10:Jun:th 10JunIST The Madras high court on Wednesday stayed collection of infrastructure and amenities charges by local bodies and regulatory agencies on Fri, 12 Jun 2009 10:Jun:th 10JunIST After mutual funds and insurance firms, it is now stock brokers who have begun selling flats and commercial spaces to prospective clients. Thu, 11 Jun 2009 13:Jun:th 13JunIST The iconic $ 31-billion Scandinavian home products giant, IKEA, has put on hold its plans to set up 25 showrooms across the country for an investment of around $ 1 billion. Thu, 11 Jun 2009 13:Jun:th 13JunIST After the President of India, Dr Pratibha Patil, mentioned affordable housing in her joint Parliamentary address a week ago, real estate sector has high expectations that this segment will get a leg-up in the Budget. Thu, 11 Jun 2009 13:Jun:th 13JunIST Real estate firms are seeking share sales to settle debt and meet working capital needs as valuations improve, but the funds won�t be enough to salvage them if sales don�t pick up, say industry watchers. Thu, 11 Jun 2009 13:Jun:th 13JunIST Real estate rates in Kolkata and Chennai didn't rise as rapidly as those in Mumbai, Delhi and Bangalore in the heady years of the boom. Now, as prices plunge in these cities, rates in the two metros aren't falling as much, say international property consultants including the local arms of Cushman and Wakefield and Jones Lang LaSalle Meghraj Thu, 11 Jun 2009 13:Jun:th 13JunIST To boost slowing demand in the realty sector and tap the growing market for affordable housing, realty firm Unitech Ltd will build 20,000 homes this year, priced between Rs10 lakh and Rs30 lakh, launching its first such project in Chennai this month. Thu, 11 Jun 2009 13:Jun:th 13JunIST A fortnight ago, Jaypee Greens started bookings for its housing project � Aman � at the 70-acre residential township on the Greater Noida Expresssway. All the 3,000 flats, priced at Rs 2,100 a sq ft, were sold out by the first day. Exactly a year ago, the Jaypee Group company was offering flats along the same expressway for Rs 4,500-6,000 a sq ft.Two days later, another Delhi-based developer, BPTP, announced that it had received bookings nearly four times more than its offer of 1,000 flats at its 1,500-acre township at Faridabad. Wed, 10 Jun 2009 10:Jun:th 10JunIST Police are investigating if arrested conman Ashok Jadeja, who is accused of duping thousands of people across India of millions of rupees by posing as a godman, made investments in the stock market and real estate last year Wed, 10 Jun 2009 10:Jun:th 10JunIST Homes sales in India are trickling back in some sections of the market, but industry watchers say a rebound is months away as buyers in the world's second-most populous country await further price corrections. Wed, 10 Jun 2009 10:Jun:th 10JunIST Two years after US realty czar Donald Trump Jr visited India and announced Trump Organization USA Llc.�s entry into the Indian property market, the company�s projects in Bangalore and Mumbai still remain on paper. Wed, 10 Jun 2009 10:Jun:th 10JunIST Realty companies are resorting to discounts to sell commercial properties in order to improve cash flows and reduce mounting debts. Wed, 10 Jun 2009 10:Jun:th 10JunIST Ashish Chugh, Investment Analyst & Author of Hidden Gems is of the view that Lancor Holdings is looking undervalued at this level. Tue, 09 Jun 2009 10:Jun:th 10JunIST Development on an eight-acre land parcel at Prabhadevi in Mumbai, which had put on hold in the wake of the economic slowdown, is all set Tue, 09 Jun 2009 10:Jun:th 10JunIST Praising Reserve Bank of India (RBI) for having safer home loan norms, American economist Duglas J Young said India does not have much impact of economic slowdown because of RBI�s safer home loan norms. Mon, 08 Jun 2009 18:Jun:th 18JunIST The Confederation of Real Estate Developers Association of India (CRDAI) which is the apex body of the private real estate developers has come to Mangalore. Mon, 08 Jun 2009 18:Jun:th 18JunIST Adversity opens up opportunities. With lower rentals and lower costs of buying office space, many companies have shifted offices to take advantage of the lower costs and to gear up for future expansion. Companies such as Swan Telecom-Etisalat and Tecpro Systems have leased and bought office space at much lower costs, in the range of 25-50%. Mon, 08 Jun 2009 17:Jun:th 17JunIST Real estate company Unitech Ltd plans to raise at least Rs700 crore this fiscal by selling commercial assets, including hotels, as part of its exercise to retire some of its Rs7,800 crore debt. Mon, 08 Jun 2009 17:Jun:th 17JunIST After being launched in cities like Delhi, Bangalore and Pune, service apartments will soon be a reality in Tier II and III cities. Mon, 08 Jun 2009 17:Jun:th 17JunIST India�s thumping electoral victory will mark the return of confidence and also funds to the Indian real estate sector, says Sukhraj Nahar, chairman of Nahar Group, �Having a stable government at the centre should provide a bottom to the Indian real estate market and help turn it around. Sat, 06 Jun 2009 11:Jun:th 11JunIST Twitter Inc's co-founders say the rapidly growing online communications company will eventually charge fees for its services, but it's unclear which ones and what will drive revenue. Sat, 06 Jun 2009 11:Jun:th 11JunIST Favourable exchange rates mean that India is now a blossoming real estate source, especially for non-resident Indians (NRIs) in the Gulf. Sat, 06 Jun 2009 11:Jun:th 11JunIST Infiniti Retail Ltd., an unlisted unit of India�s diversified Tata Group, plans to open more small stores this financial year as a real estate slowdown has made it difficult to get larger stores, its chief executive said. Sat, 06 Jun 2009 10:Jun:th 10JunIST Mumbai, which became the second-most expensive office property market globally one-and-a-half years ago at the peak of a real estate boom in the country, has now slipped out of the top-five list, as per a survey of 170 cities by real estate consultant CB Richard Ellis. Sat, 06 Jun 2009 10:Jun:th 10JunIST Maharashtra Chamber of Housing Industry, or MCHI, will be showcasing properties of major builders from India at the 12th India Realty Expo 2009, to be held in Dubai from June 4 to 6 at the Sheraton Dubai Creek Hotel and Towers. Fri, 05 Jun 2009 16:Jun:th 16JunIST The Mahindra group has decided to intensify its focus on special economic zones (SEZs) and real estate to take advantage of the improved sentiments witnessed in the sector across the country. Fri, 05 Jun 2009 16:Jun:th 16JunIST With the India Realty Expo 2009 opening in Dubai on Thursday, Indian real estate is back on the radar of NRIs and PIOs, says Zubin Mehta, CEO, MCHI. Fri, 05 Jun 2009 16:Jun:th 16JunIST RE/MAX, the world�s largest real estate franchising network entered India on the shoulders of Mr. Samir Chopra on 19th January 2009. Fri, 05 Jun 2009 16:Jun:th 16JunIST The Unitech Group has awarded the creative duties for its real estate vertical to Law & Kenneth. The Delhi wing of the agency has bagged the account, amounting close to Rs 50 crore. It was won after a multi-agency pitch which also included Capital Advertising. Wed, 03 Jun 2009 11:Jun:rd 11JunIST Till last year, Special Economic Zones (SEZs) were the flavour of the season. But for some developers, the downturn in the global economy is now forcing them to surrender their SEZs despite having received formal approvals from the Centre. Wed, 03 Jun 2009 11:Jun:rd 11JunIST Foreign fund house Citigroup Global Markets Mauritius has picked up a 0.11 per cent stake in domestic real estate developer Indiabulls Real Estate for Rs 7.45 crore. Wed, 03 Jun 2009 11:Jun:rd 11JunIST Union Government has reportedly decided not to apply an area limit of 5,000 hectare for SEZs if 2 or more such zones are merged thus making way for big SEZs in India. Wed, 03 Jun 2009 11:Jun:rd 11JunIST The world�s number one retailer Wal-Mart opened its first sales venture in India on Saturday as part of an ambitious plan to establish a foothold in the country�s vast consumer market. Wed, 03 Jun 2009 11:Jun:rd 11JunIST Indiabulls Real Estate Ltd., India�s third-biggest developer, was downgraded at Deutsche Bank AG, which cited the gains in the shares, a possible sale of warrants and �weak demand� for its Mumbai office projects. Wed, 03 Jun 2009 10:Jun:rd 10JunIST International real estate consultancy Jones Lang LaSalle Meghraj today released its study �The Investment Value of Real Estate�. Wed, 03 Jun 2009 10:Jun:rd 10JunIST The economic slowdown has brought greater rationality to real estate prices. With prices correcting in overheated pockets of metros and tier II cities, residential real estate has become more affordable and the scales have tilted in buyers� favour. Tue, 02 Jun 2009 10:Jun:nd 10JunIST Keen on matching supply with demand, real estate developers may spring up more than a hundred malls spread over 30-million sq ft in the country by end-2010 Tue, 02 Jun 2009 10:Jun:nd 10JunIST After struggling for months to sell large parts of its land bank to repay part of its debt, Bangalore-based Sobha Developers Ltd has changed tack. The realty firm is now scouting for joint developments and looking to sell smaller plots to keep the cash flowing. Several realty and infrastructure projects have been deferred or scrapped since late last year after funds became scarce. Tue, 02 Jun 2009 10:Jun:nd 10JunIST Chennai-based R K Industries, the Rs 150-crore manufacturer and exporter of garments, is setting up a luxury mall spread over 40,000 sq ft in the heart of the city. Tue, 02 Jun 2009 10:Jun:nd 10JunIST Credit rating agency CRISIL has started grading real estate valuers with the very first grading announced for a Mumbai based valuer. Tue, 02 Jun 2009 10:Jun:nd 10JunIST The private sector real estate players must reset their priorities so as to provide low-cost housing to the middle class and the poor. S Jaipal Reddey made the pint clear while taking charge of the urban ministry for the second consecutive term here on Friday. Mon, 01 Jun 2009 12:Jun:st 12JunIST With investors regaining their appetite for risk, Indian companies are hoping to make the most of it. Companies have lined up qualified institutional placements (QIPs) worth around Rs 30,000 crore and these issues should sail through without any trouble, provided the mood in the stock market remains positive, merchant bankers say. Mon, 01 Jun 2009 12:Jun:st 12JunIST As the liquidity crunch forced Indian retailers to curtail their expansion plans, real estate developers have also been forced to reduce the supply of retail space that was supposed to come up by 2010 by as much as 87 per cent according to a report by India Shopping Center Forum. Mon, 01 Jun 2009 12:Jun:st 12JunIST DHFL Property Services Ltd has tied-up with various developers and builders across the country to develop affordable projects for low and medium income groups in semi-urban and rural areas. Sat, 30 May 2009 13:May:th 13MayIST India's projected realistic GDP for the coming fiscal is estimated to be over the five per cent mark. With the infrastructure industry being the major contributor towards this growth, there is a need for a focused and sustained attention towards this sector. Sat, 30 May 2009 13:May:th 13MayIST Notwithstanding the impact of slowdown on realty sector and even after demand for flats up to Rs 30 lakh and 40 lakh and above really hit a new. Sat, 30 May 2009 13:May:th 13MayIST After a near 16-month hiatus, strategic investors are once again warming up to the real estate sector. A few foreign funds and local http://economictimes.indiatimes.com/Market-News/Investors-warm-up-to-realty-once-again/articleshow/4591345.cms Sat, 30 May 2009 13:May:th 13MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarket-News%2FInvestors-warm-up-to-realty-once-again%2Farticleshow%2F4591345.cms Hope is in the air and everyone wants a whiff of it, including the real estate sector. The Indian real estate sector has been through one of its http://economictimes.indiatimes.com/Markets/Real-Estate/Realty-Trends/Buyers-regain-confidence-in-real-estate/articleshow/4591560.cms Sat, 30 May 2009 13:May:th 13MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarkets%2FReal-Estate%2FRealty-Trends%2FBuyers-regain-confidence-in-real-estate%2Farticleshow%2F4591560.cms Foreign fund house Morgan Stanley has acquired 7.68 per cent stake in Indiabulls Real Estate for about Rs 570.18 crore, through qualified institutional placement (QIP) route. Fri, 29 May 2009 10:May:th 10MayIST Tata Realty and Infrastructure (TRIL), a unit of Tata Sons, expects to earn Rs 10,000 crore in revenues from its housing and commercial projects in the next four years, a top company official said. Fri, 29 May 2009 10:May:th 10MayIST India's realtors believe the sector will see signs of recovery in the next three months, according to the Associated Chambers of Commerce and Industry of India (Assocham). Thu, 28 May 2009 15:May:th 15MayIST The days of luxury housing projects aren�t over. Both these segments of the market, in fact, have their own demand and what varies across the segments is the quantum of demand. Thu, 28 May 2009 15:May:th 15MayIST Rajasthan has emerged as the leading state in the northern region for attracting the largest planned investment in 2008-09, industry body Assocham said on Wednesday. Thu, 28 May 2009 15:May:th 15MayIST Top real estate developers are trying their best to make up for lost time. Buoyed by encouraging response from home-buyers for their marked-down properties, companies such as DLF, Unitech, HDIL and others have lined up housing projects of over 60 million square feet � all in the current financial year. Thu, 28 May 2009 14:May:th 14MayIST An association between International Institute of Real Estate Investment and Finance (IIREIF) and Institute of Integrated Management & Technology (IIMT) to produce next generation Real Estate Professionals Thu, 28 May 2009 14:May:th 14MayIST Tata Realty and Infrastructure Ltd (TRIL) on Wednesday announced plans to develop real estate and infrastructure projects, worth Rs 20,000 crore, over the next three years. Thu, 28 May 2009 14:May:th 14MayIST The Maha Dalits think their dream of owning their own home is a bit closer to reality. Thu, 28 May 2009 14:May:th 14MayIST In the past couple of months, real estate developers have managed to raise equity either through instruments such as a qualified institutional placement (QIP) or through stake sale by promoters as in the case of DLF Ltd. Thu, 28 May 2009 13:May:th 13MayIST Tata Realty and Infrastructure Ltd, a wholly-owned subsidiary of Tata Sons Ltd, the main holding company of the $62.5 billion (Rs2.98 trillion) Tata group, on Wednesday said it would invest in projects worth Rs20,000 crore with a clutch of strategic partners over the next three years. Thu, 28 May 2009 13:May:th 13MayIST The recent launch of Rs5-15 lakh homes by realtors across the nation has attracted not only homebuyers. Property funds that have stayed away from the realty sector since the global economic downturn deepened in September are looking at a comeback, primarily to back low-cost housing projects. Thu, 28 May 2009 13:May:th 13MayIST The new wave of launches in the affordable housing segment is attracting the attention of private equity (PE) players, which had for more than a year shunned the real estate sector struggling with diminishing sales, tight credit and clouded economic forecasts. Wed, 27 May 2009 11:May:th 11MayIST Helplinelaw.com during the current year would bring special focussed services to its users: Wed, 27 May 2009 11:May:th 11MayIST Luxury hotel chain Marriott International will open 24 new properties in India over the next three years. Wed, 27 May 2009 11:May:th 11MayIST DLF, Unitech, HDIL & Puravankara line up 60 million square feet of new launches. Wed, 27 May 2009 10:May:th 10MayIST Foreign fund house Morgan Stanley has acquired 7.68 per cent stake in Indiabulls Real Estate for about Rs 570.18 crore, through qualified institutional placement (QIP) route. Wed, 27 May 2009 10:May:th 10MayIST The Reserve Bank of India (RBI) on Monday instructed state and central co-operative banks to desist from financing the commercial real estate sector, as exposure in this sensitive area would not be in their interest. Wed, 27 May 2009 10:May:th 10MayIST With the stockmarkets set on the path to recovery and top realty companies such as DLF and Unitech managing to raise funds to bridge their debts, money has started trickling into the Indian realty sector that had tanked in September 2008 after years of a joy ride. Tue, 26 May 2009 10:May:th 10MayIST Real estate firm Parsvnath Developers today said it is planning to raise up to Rs 2,500 crore by way of qualified institutional placement (QIP). Tue, 26 May 2009 10:May:th 10MayIST Investors and analysts have begun re-rating the realty sector on optimism that the worst may be over, as the efforts of recent months and a stable global environment will help developers attract funds and boost earnings. Tue, 26 May 2009 10:May:th 10MayIST Retailers, local and global, as well as private equity (PE) investors are closely tracking the new government�s moves on FDI in retail. Tue, 26 May 2009 10:May:th 10MayIST India's second largest real estate developer, Unitech, has been on a selling spree to raise cash. Tue, 26 May 2009 10:May:th 10MayIST The board of Reliance Infrastructure, promoted by the Anil Ambani group, Sunday approved issuing up to 43 million preferential shares to its founders and other investors to raise about Rs.4,300 crore ($913 million). Mon, 25 May 2009 10:May:th 10MayIST After a long time we are witnessing real estate developers taking pride in reducing or slashing rates in Mumbai, Thane and Navi Mumbai to encash on the existing demand in the real estate market. Mon, 25 May 2009 10:May:th 10MayIST Hit hard by the slowdown, real estate players are now going innovative and trying to partner with the government to beat the low demand. Mon, 25 May 2009 10:May:th 10MayIST Formation of a stable government at the centre is good news for economy, and for real estate sector as well. Mon, 25 May 2009 10:May:th 10MayIST REITbuyer online service for learning about REITs and how to invest in them is designed for new and seasoned investors Mon, 25 May 2009 10:May:th 10MayIST Oversupply and poor absorption of commercial space, particularly IT office space, continues in Chennai. Mon, 25 May 2009 10:May:th 10MayIST Indian cement maker Grasim Industries Ltd expects higher infrastructure spending by the government to drive volumes for cement, a senior official said on Wednesday. Sat, 23 May 2009 00:May:rd 0MayIST Things have started to look up real estate developers who for the last few months were reeling under the double whammy of poor buyer demand and low availability of funds. Sat, 23 May 2009 00:May:rd 0MayIST Following the success of Unitech and Indiabulls in raising funds through qualified institutional placements (QIPs) Sat, 23 May 2009 00:May:rd 0MayIST Real estate agency Harcourts, founded in New Zealand in 1881, is looking at expanding its global footprint with franchises in India. Harcourts franchise development manager Aaron Hodson says he has visited the region several times in the past eight months to get a feel for the market. Sat, 23 May 2009 00:May:rd 0MayIST The Aditya Birla Group, a $29-billion diversified conglomerate that operates in 25 countries, may sell a stake in its loss-making retail venture to private equity firms Fri, 22 May 2009 00:May:nd 0MayIST Foreign investors are aggressively renewing their interest in the Indian real estate sector. Overseas investors such as Fidelity, HSBC, TPG and Moor Capital on Monday lapped up the entire $553-million (Rs 2,656 crore) share sale issue of Indiabulls Real Estate (Ibrel). http://www.business-standard.com/india/news/foreign-investors-pick-10-in-indiabulls-real-estate/358767/ Fri, 22 May 2009 00:May:nd 0MayIST http%3A%2F%2Fwww.business-standard.com%2Findia%2Fnews%2Fforeign-investors-pick-10-in-indiabulls-real-estate%2F358767%2F Commercial real estate rentals in Mumbai and New Delhi have seen a steep decline of 24 per cent in the January-March quarter over the previous quarter of the financial year 2008-09, Fri, 22 May 2009 00:May:nd 0MayIST Unitech has sold its office building in Saket, New Delhi, for around Rs 425-450 crore Fri, 22 May 2009 00:May:nd 0MayIST Delhi Police Thursday said they have arrested a real estate agent for selling one of the flats, allotted in the name of one of the fake applicants, in the multi-million Delhi Development Authority (DDA) housing scam. Fri, 22 May 2009 00:May:nd 0MayIST Tata Capital Housing Finance Ltd (TCHFL), a wholly-owned subsidiary of Tata Capital Ltd on Tuesday said it has received certificate of registration from the National Housing Bank (NHB) to start operations as a housing finance company. Thu, 21 May 2009 00:May:st 0MayIST Opening Indian Retail Sector to giant European corporations would threaten the livelihoods of 40 million Indians. Thu, 21 May 2009 00:May:st 0MayIST Indian companies may have started hiring again, according to government data released on Monday that seems to lend credence to the so-called green shoots theory, which speaks about the growing revival�at least in a few areas of the economy. Thu, 21 May 2009 00:May:st 0MayIST With the UPA returning to power, the property pundits anticipate the revival of real estate market in the northern region that has witnessed shrinking of transactions when the country was in election mode. Thu, 21 May 2009 00:May:st 0MayIST Working out and unveiling a new Foreign Trade Policy, working out reforms to finetune the Foreign Direct Investment (FDI) taking a call on opening up of the retail sector for foreign investment Thu, 21 May 2009 00:May:st 0MayIST Due to recession and the uncertainty in job market, Chennaites are preferring rental accommodations at the moment Wed, 20 May 2009 02:May:th 2MayIST With enquiries from prospective buyers of affordable independent houses on the rise in recent weeks, several builders are keen on tapping the potential of this segment of the market. http://www.thehindu.com/2009/05/19/stories/2009051958710300.htm Wed, 20 May 2009 00:May:th 0MayIST http%3A%2F%2Fwww.thehindu.com%2F2009%2F05%2F19%2Fstories%2F2009051958710300.htm Shares of Punj Lloyd will see a downside after the engineering and construction firm said that it is exiting real estate business Wed, 20 May 2009 00:May:th 0MayIST Sherwoods Independent Property Consultants is to open an office in New Delhi this summer Wed, 20 May 2009 00:May:th 0MayIST Union Bank of India on Tuesday freezed interest rates for new home loans upto Rs 50-lakh at eight per cent for one year. Wed, 20 May 2009 00:May:th 0MayIST The Mumbai-based real estate developer aims to build 6,300 homes priced between Rs12 lakh and Rs24 lakh over 125 acres of land in Dombivali in north Mumbai Tue, 19 May 2009 00:May:th 0MayIST There is a surge in buying interest in all-inclusive �affordable� flats being built for mid-income budgets http://www.livemint.com/2009/05/19000552/Demand-begins-showing-up-in-In.html?d=1 Tue, 19 May 2009 00:May:th 0MayIST http%3A%2F%2Fwww.livemint.com%2F2009%2F05%2F19000552%2FDemand-begins-showing-up-in-In.html%3Fd%3D1 Sobha Developers declared its 4QFY2009 results and posted a topline of Rs147.2 crore (Rs474.1 crore) 69% de-growth y-o-y Tue, 19 May 2009 00:May:th 0MayIST Realty firm Parsvnath Developers Ltd on Monday said it will build a township project in Haryana with an investment of Rs212 crore. Tue, 19 May 2009 00:May:th 0MayIST Indian real estate firm Unitech said on Tuesday its board approved raising additional long-term funds by selling securities and issuing share warrants to its founders. Tue, 19 May 2009 00:May:th 0MayIST Indiabulls Real Estate Ltd said on Monday its shareholders had approved raising up to $600 million through share sale to qualified institutional buyers, to fund its projects and acquire new businesses. Tue, 19 May 2009 00:May:th 0MayIST TATA Housing today received the highest level of achievement in the property and real estate industry in Asia Pacific Mon, 18 May 2009 03:May:th 3MayIST Hiranandani Group of companies have announced their plan to develop first of its kind 250 acre integrated �Hiranandani Upscale, Multiservices SEZ at Lahari, Hyderabad. Mon, 18 May 2009 03:May:th 3MayIST The return of the UPA government in to power will help attract FII money back to the domestic market and arrest steep fall in realty prices, real estate developers today said http://www.indianrealtynews.com/property-prices/stable-govt-may-boost-property-prices-developers.html Mon, 18 May 2009 02:May:th 2MayIST http%3A%2F%2Fwww.indianrealtynews.com%2Fproperty-prices%2Fstable-govt-may-boost-property-prices-developers.html The election of a stable government at the Centre could bring a bottom to the real estate market and may help in turning it around http://www.indianrealtynews.com/real-estate-india/mumbai/real-estate-india-can-see-a-turnaround.html#more-2638 Mon, 18 May 2009 01:May:th 1MayIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fmumbai%2Freal-estate-india-can-see-a-turnaround.html%23more-2638 Credit rating agency Fitch today downgraded the ratings of real estate developer Purvankara Projects Mon, 18 May 2009 01:May:th 1MayIST The much talked about Real Estate Investment Trusts (REITs) may soon become a reality in India. http://economictimes.indiatimes.com/Markets/Real-Estate/SEBI-to-outline-framework-for-REITs/articleshow/4531205.cms Sat, 16 May 2009 01:May:th 1MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarkets%2FReal-Estate%2FSEBI-to-outline-framework-for-REITs%2Farticleshow%2F4531205.cms Office space rentals in India are expected to fall up to 20% in the next three quarters, with key cities like Delhi and Mumbai slated to witness a sharp decline of 50%. Sat, 16 May 2009 01:May:th 1MayIST Mumbai-headquartered Godrej Properties, the realty business arm of Diversified Godrej Group, plans to come out with an IPO by the end of 2009-10 Sat, 16 May 2009 01:May:th 1MayIST A 24 hour real estate TV channel, hailed as India's first dedicated real estate channel, is soon to start functioning in the city. Sat, 16 May 2009 01:May:th 1MayIST Funds have been received by Nakheel, the state-owned developer of the emirate's palm-shaped islands, from the Dubai government on account of completing projects and pay outstanding obligations. Sat, 16 May 2009 01:May:th 1MayIST Property developer Indiabulls Real Estate (IBREL) plans to build residential projects over 9.8 million square feet in the current fiscal year to generate cash flows http://www.indianrealtynews.com/real-estate-india/mumbai/indiabulls-plans-eight-residential-projects.html#more-2627 Fri, 15 May 2009 00:May:th 0MayIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fmumbai%2Findiabulls-plans-eight-residential-projects.html%23more-2627 India Infoline has entered into a collaboration with Indus group to promote projects for real estate development Fri, 15 May 2009 00:May:th 0MayIST Atlas Group is diversifying into real estate sector and plans to invest Rs 1,000 crore in Kerala Thu, 14 May 2009 23:May:th 23MayIST Foreign investors in Indian real estate cannot sell their stakes to another foreign investor before three years Thu, 14 May 2009 01:May:th 1MayIST Hotel industries are returning to the market but mega multi-use projects are no longer financially viable Thu, 14 May 2009 01:May:th 1MayIST Real Estate developers are breathing easier with banks now more inclined to lend Thu, 14 May 2009 00:May:th 0MayIST India�s largest real estate company DLF Ltd is looking to raise $760 million from investors to bail-out its unlisted promoter company DLF Assets Ltd (DAL). http://www.indianrealtynews.com/real-estate-india/dlf-promoters-to-raise-760-million-to-bail-out-dlf-assets-ltd.html Thu, 14 May 2009 00:May:th 0MayIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fdlf-promoters-to-raise-760-million-to-bail-out-dlf-assets-ltd.html With sales gradually picking up in the real estate sector, developers are swiftly increasing prices Thu, 14 May 2009 00:May:th 0MayIST SUN Apollo Ventures has picked up a 15 per cent stake in Mumbai-based developer Keystone Realtors Tue, 12 May 2009 01:May:th 1MayIST The Chennai Metro Rail project is almost ready to be launched amidst the recession crisis hovering all over Tue, 12 May 2009 01:May:th 1MayIST Chennai, Hyderabad and Bangalore �did not witness fresh supply of mall space between January and March this year Tue, 12 May 2009 01:May:th 1MayIST The Tamil Nadu chapter of Confederation of Real Estate Developer�s Association of India (CREDAI), a 76-member body of Chennai�s leading builders, has joined hands with Chennai City Connect to make good pavements a concrete reality. Tue, 12 May 2009 01:May:th 1MayIST Tue, 12 May 2009 01:May:th 1MayIST One might wonder why you find a mall in every corner in Gurgaon whereas Chennai has two malls in all. http://www.indianrealtynews.com/category/real-estate-india/chennai/ Sat, 09 May 2009 05:May:th 5MayIST http%3A%2F%2Fwww.indianrealtynews.com%2Fcategory%2Freal-estate-india%2Fchennai%2F Samir Bhatia quits after establishing Barclays Retail arm in India. http://www.indianrealtynews.com/retail-market/barclay%E2%80%99s-indian-retail-head-quits.html Sat, 09 May 2009 04:May:th 4MayIST http%3A%2F%2Fwww.indianrealtynews.com%2Fretail-market%2Fbarclay%25E2%2580%2599s-indian-retail-head-quits.html Chennai will soon be proud of India�s first real estate channel exclusively dedicated for the same! What more do we need? http://metroplots.com/news/?act=detailednews&news_id=43 Fri, 08 May 2009 08:May:th 8MayIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D43 Security audits have been ordered for all Govt. buildings considering many extremist threats in the city. This includes secretariat, courts, ministers� residences, govt. offices, schools, hospitals, etc. http://metroplots.com/news/?act=detailednews&news_id=42 Fri, 08 May 2009 08:May:th 8MayIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D42 Tata and TIDCO together are coming with an infrastructure that will house a star hotel and convention centre in Taramani soon! http://metroplots.com/news/?act=detailednews&news_id=41 Fri, 08 May 2009 08:May:th 8MayIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D41 Israeli investors have spotted Chennai to be the hot spot to invest in real estate due to the booming IT sector we suppose? http://metroplots.com/news/?act=detailednews&news_id=40 Fri, 08 May 2009 08:May:th 8MayIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D40 The Chennai airport gets appreciated by the electricity board for saving on electricity last year and received an incentive of almost 60 lakhs! http://metroplots.com/news/?act=detailednews&news_id=39 Fri, 08 May 2009 08:May:th 8MayIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D39 Eye-catching and enviable acres of properties at Mount Road and Cenotaph Road owned by an popular and rich NRIs are out on sale for about 250 to 300 crores! http://metroplots.com/news/?act=detailednews&news_id=38 Fri, 08 May 2009 08:May:th 8MayIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D38 It is evident that the latest hot spot for Chennai real estate market has been the flourishing Old Mahabalipuram Road (OMR). The place though a suburb is buzzing with activity through out the year being the IT hub of the city. http://metroplots.com/news/?act=detailednews&news_id=35 Sat, 02 May 2009 01:May:nd 1MayIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D35 �What goes up has to come down� is not just the law of gravity but of real estate too. The entire Indian real estate scenario has been a rollercoaster recently and it�s going down hill at the moment, with Chennai being no exception to the situation. After reaching a peak last year, the Chennai real estate market was left at a stagnation point and the growth became negligible. http://metroplots.com/news/?act=detailednews&news_id=34 Mon, 27 Apr 2009 01:Apr:th 1AprIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D34 Instead of the slowdown, Chennai real estate market is still registering a stable demand http://metroplots.com/news/?act=detailednews&news_id=33 Sat, 25 Apr 2009 00:Apr:th 0AprIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D33 Those properties are worth half the price they paid after the economy and, with it, the real estate market, went into a tailspin last year. http://www.livemint.com/2009/03/10224618/Anatomy-of-a-realestate-crisi.html Thu, 12 Mar 2009 05:Mar:th 5MarIST http%3A%2F%2Fwww.livemint.com%2F2009%2F03%2F10224618%2FAnatomy-of-a-realestate-crisi.html Agents, who typically charged 2-5% of the property value as commission, are now demanding 8-9% http://www.livemint.com/2009/03/04223039/Brokers8217-fees-go-up-as-r.html Mon, 09 Mar 2009 01:Mar:th 1MarIST http%3A%2F%2Fwww.livemint.com%2F2009%2F03%2F04223039%2FBrokers8217-fees-go-up-as-r.html "Due to international market crunch, the market in India was also affected. But now the worst time is over especially for Real Estate. Year 2009 has started giving positive results and we hope to see the brighter part very soon. Overall 2009 should be fruitful for Real Estate." Says the Director Mr. Sanjay Rastogi of Saviour Builders. http://www.indiaprwire.com/pressrelease/real-estate/2009022120180.htm Mon, 02 Mar 2009 22:Mar:nd 22MarIST http%3A%2F%2Fwww.indiaprwire.com%2Fpressrelease%2Freal-estate%2F2009022120180.htm Analysts say the second quarter of 2009 would see more price cuts as the market is expected to show more volatility http://www.mydigitalfc.com/real-estate/realty-prices-metros-set-ease-further-041 Mon, 02 Mar 2009 01:Mar:nd 1MarIST http%3A%2F%2Fwww.mydigitalfc.com%2Freal-estate%2Frealty-prices-metros-set-ease-further-041 Real-estate prices across the country have fallen by 10-40 per cent.Developers are generally still not cutting prices of existing projects, but they face a market in which re-sales could do much the same thing. http://www.hindustantimes.com/StoryPage/StoryPage.aspx?sectionName=HomePage&id=a2b277d8-45a0-4d46-aeb1-3893a5a40e39&MatchID1=4934&TeamID1=3&TeamID2=1&MatchType1=1&SeriesID1=1248&MatchID2=4925&TeamID3=4&TeamID4=2&MatchType2=1&SeriesID2=1244&PrimaryID=4934& Mon, 02 Mar 2009 01:Mar:nd 1MarIST http%3A%2F%2Fwww.hindustantimes.com%2FStoryPage%2FStoryPage.aspx%3FsectionName%3DHomePage%26id%3Da2b277d8-45a0-4d46-aeb1-3893a5a40e39%26MatchID1%3D4934%26TeamID1%3D3%26TeamID2%3D1%26MatchType1%3D1%26SeriesID1%3D1248%26MatchID2%3D4925%26TeamID3%3D4%26TeamID4%3D2%26MatchType2%3D1%26SeriesID2%3D1244%26PrimaryID%3D4934%26 Buyers across the country are coming together in online groups to negotiate with developers such as DLF Ltd, Raheja Developers Pvt. Ltd and Vatika Ltd over several contentious issues, the prime among them being a reduction in prices in the wake of the lower demand for housing. http://www.livemint.com/2009/02/25212713/Real-estate-companies-face-ire.html Mon, 02 Mar 2009 00:Mar:nd 0MarIST http%3A%2F%2Fwww.livemint.com%2F2009%2F02%2F25212713%2FReal-estate-companies-face-ire.html Analysts say the second quarter of 2009 would see more price cuts as the market is expected to show more volatility http://www.mydigitalfc.com/real-estate/realty-prices-metros-set-ease-further-041 Thu, 26 Feb 2009 22:Feb:th 22FebIST http%3A%2F%2Fwww.mydigitalfc.com%2Freal-estate%2Frealty-prices-metros-set-ease-further-041 Real-estate prices across the country have fallen by 10-40 per cent.Developers are generally still not cutting prices of existing projects, but they face a market in which re-sales could do much the same thing. http://www.hindustantimes.com/StoryPage/StoryPage.aspx?sectionName=HomePage&id=a2b277d8-45a0-4d46-aeb1-3893a5a40e39&MatchID1=4934&TeamID1=3&TeamID2=1&MatchType1=1&SeriesID1=1248&MatchID2=4925&TeamID3=4&TeamID4=2&MatchType2=1&SeriesID2=1244&PrimaryID=4934& Thu, 26 Feb 2009 22:Feb:th 22FebIST http%3A%2F%2Fwww.hindustantimes.com%2FStoryPage%2FStoryPage.aspx%3FsectionName%3DHomePage%26id%3Da2b277d8-45a0-4d46-aeb1-3893a5a40e39%26MatchID1%3D4934%26TeamID1%3D3%26TeamID2%3D1%26MatchType1%3D1%26SeriesID1%3D1248%26MatchID2%3D4925%26TeamID3%3D4%26TeamID4%3D2%26MatchType2%3D1%26SeriesID2%3D1244%26PrimaryID%3D4934%26 Buyers across the country are coming together in online groups to negotiate with developers such as DLF Ltd, Raheja Developers Pvt. Ltd and Vatika Ltd over several contentious issues, the prime among them being a reduction in prices in the wake of the lower demand for housing. http://www.livemint.com/2009/02/25212713/Real-estate-companies-face-ire.html Thu, 26 Feb 2009 22:Feb:th 22FebIST +http%3A%2F%2Fwww.livemint.com%2F2009%2F02%2F25212713%2FReal-estate-companies-face-ire.html Birlas, through a financial services arm, are offering real estate as an alternative investment option to clients. Tatas are planning to develop surplus land held by group companies. The Tatas may also invest in the sector part of funds raised through recent public offerings. http://economictimes.indiatimes.com/Markets/Real-Estate/News-/Tatas-Birlas-to-invest-in-real-estate/articleshow/4172386.cms Tue, 24 Feb 2009 09:Feb:th 9FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarkets%2FReal-Estate%2FNews-%2FTatas-Birlas-to-invest-in-real-estate%2Farticleshow%2F4172386.cms A US-based real estate developer of Indian origin, Mint Homes, is planning to take over stuck up realty projects in Chennai and Mumbai http://www.expressestates.in/full_story.php?content_id=93704 Mon, 23 Feb 2009 01:Feb:rd 1FebIST http%3A%2F%2Fwww.expressestates.in%2Ffull_story.php%3Fcontent_id%3D93704 The real estate sector in the state of Haryana gets a boost ... http://www.expressestates.in/full_story.php?content_id=93704 Mon, 23 Feb 2009 01:Feb:rd 1FebIST http%3A%2F%2Fwww.expressestates.in%2Ffull_story.php%3Fcontent_id%3D93704 Aditya Birla Management is seeking to offer its clients diversity through real estate and private equity. http://www.privateequityrealestate.net/Article.aspx?article=34480&hashID=0C9BE551B49432593C6B8DC150602C2869074495 Mon, 23 Feb 2009 01:Feb:rd 1FebIST http%3A%2F%2Fwww.privateequityrealestate.net%2FArticle.aspx%3Farticle%3D34480%26hashID%3D0C9BE551B49432593C6B8DC150602C2869074495 The United States has been touted as the safest market for investment in real estate and the foreigners are pouring in. A weak dollar combined with optimism for market rebound opens the door for commercial and residential property investments. http://www.theepochtimes.com/n2/content/view/12240/ Wed, 18 Feb 2009 23:Feb:th 23FebIST http%3A%2F%2Fwww.theepochtimes.com%2Fn2%2Fcontent%2Fview%2F12240%2F "Where flats are more expensive, the drop will be sharper than where the flats are cheaper... correction is bound to come," HDFC Chairman Deepak Parekh told. http://economictimes.indiatimes.com/Markets/Real_Estate/Correction_in_real_estate_is_bound_to_come_Parekh/articleshow/4145725.cms Wed, 18 Feb 2009 23:Feb:th 23FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarkets%2FReal_Estate%2FCorrection_in_real_estate_is_bound_to_come_Parekh%2Farticleshow%2F4145725.cms The Department of Industrial Policy and Promotion (DIPP) has recommended relaxation in foreign investment rules in the real estate sector in a bid to facilitate cash-strapped realtors get overseas funds. http://www.business-standard.com/india/news/dipp-recommends-changes-in-fdi-norms-for-real-estate/00/42/349500/ Wed, 18 Feb 2009 23:Feb:th 23FebIST http%3A%2F%2Fwww.business-standard.com%2Findia%2Fnews%2Fdipp-recommends-changes-in-fdi-norms-for-real-estate%2F00%2F42%2F349500%2F