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Indian Real EstateIndian Real EstateIndian Realty news provides news on commercial and residential properties in India along with the home and office buying information and news on latest property investment, finance and property loan and laws in India and for its various cities like D 
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Govt Liberalises Investment Norms for NRIS in Real Estate
2009-02-11 06:09:00 The government has liberalised investment norms for NRIs to invest in real estate in India. At the same time there is a need of adhering to ground realities before plunging into investment. We provide some of the frequently answered questions answered recently by the Reserve Bank of India. Who can purchase immovable property in India? Under the ... More About: Estate , Real Estate , Investment , Real , Govt
Big Retail Players Seek Reduction in Rent
2009-02-10 06:38:00 This could be the flip side to the slowdown story which modern retailers are welcoming with open arms. At a time when growth has slowed down, large retailers like the Future group, Reliance Retail and Aditya Birla Retail are in the midst of furiously renegotiating rentals to bring down costs. A correction in the real ... More About: Players , Rent , Seek , Reduction
SBI Sets Platform for Cheaper Home Loans
2009-02-10 05:40:00 Many prospective borrowers complained that while much has been said on the prospects of interest rate cuts, it hasn’t been a reality for all home loan borrowers. Their anguish was understandable as till now the good news relating to rate cuts was only for fresh home loan borrowers. Those who have already taken a home ... More About: Home Loans , Loans , Home , Sets , Platform
More Loss Expected in Real Estate Sector
2009-02-09 08:05:00 Falling prices and interest rates are unlikely to woo once-thirsty home buyers now spooked by slim pay hikes and job cuts, and may push cash-strapped realty firms to drop prices further in order to stave off losses. For months, real estate firms, including top-listed developer DLF and No.2 Unitech have been looking to raise funds ... More About: Estate , Real Estate , Real , Loss
Real Estate Prices Need Further Correction
2009-02-09 07:04:00 Equity and real estate markets were dangerous bubbles waiting to burst. Though many economists refused to comment on the real bottom levels of the current equity market, they believe the bubble in equity markets has been subdued. But the much bigger bubble, the real estate prices, continues to remain as an X factor in the ... More About: Estate , Real Estate , Real , Prices
Price Decline Not enough to Stabilize Real Estate
2009-02-08 06:58:00 It may sound strange, but realty firms are perhaps still not good value despite 90 per cent price decline. Military strategists often make plans to fight previous wars all over again in the future, overlooking technological advances and changed circumstances. For example, the French thought the fixed defences of the Maginot Line would help them ... More About: Estate , Real Estate , Price , Real
Developers Look Forward to Private Lenders for Support
2009-02-08 06:17:00 The much-vilified loan shark, once the staple of movies and theatre, is now donning angel wings to save developers from the swamp that institutional lenders abandoned them in. A string of all-cash deals are happening today in the realty sector with private financiers ? plain-vanilla money lenders, relatives or business associates ? pitching in to ... More About: Support , Private , Developers , Lenders , Forward
Jamshedpur- Emerging Real Estate Destination
2009-02-08 06:02:00 It?s known as the Steel City of India ? a name which it earned from the country?s first iron and steel plant set up by Tata Steel in the early 1900s. The foundation of Jamshedpur, thus, is literally cast in steel and today it is also the city of choice for upwardly mobile people of ... More About: Estate , Real Estate , Destination , Real
Real Estate- Worst Hit by Global Slowdown
2009-02-07 07:11:00 The current global economic slowdown is taking its toll on several sectors. Real ty has been among the worst hit. Companies from the sector listed on the bourses have been badly hit and their massive erosion in wealth is being reflected in their numbers. India?s largest real estate company by market capitalisation, DLF reported a worrying ... More About: Estate , Real Estate , Global
Commercial and Residential Developers Pull Out of Projects in Gurgaon
2009-02-06 07:34:00 Alarm bells are ringing loud and clear in Gurgaon as commercial and residential developers have started pulling out of projects. Senior officials in Gurgaon?s District and Town Planning (DTP) office have confirmed that BPTP and DLF have closed the files on several projects ? most of them in new sectors. The Country and Town Planning ... More About: Projects , Residential , Commercial , Developers
Developers in Haryana Get State Govt Help
2009-02-06 06:31:00 In what could be a major relief to real estate developers in Haryana , the state Government proposes to double the validity of the licence period of commercial housing projects to four years instead of the present two years. The work at construction sites in Gurgaon and other areas had almost come to a standstill and ... More About: State , Developers , Govt
Govt Targets FDI in Real Estate
2009-02-05 05:52:00 The department of industrial policy and promotion (DIPP) will set up a monitoring cell to track foreign direct investment inflows into real estate companies to ensure the funds are not diverted to projects for which foreign investment clearance has not been taken, said a senior official with the department. Real estate companies need to take government ... More About: Estate , Real Estate , Govt
Realty Estate India Plunges to an all Time Low
2009-02-05 05:46:00 The Bombay Stock Exchange?s (BSE?s) realty index plunged to an all-time low on Wednesday, belying optimism of a revival in the real estate sector. During the day, the index plummeted to 1,354.01, the lowest level since it was launched on July 10, 2007. However, the benchmark ended the day at 1,398.79 ? 16.30 points up ... More About: India , Estate , Time , All Time Low , Realty
Other Banks Can Follow SBI?s Footsteps and Fix Home Loan Rates at 8%
2009-02-04 05:52:00 Following in State Bank of India’s (SBI’s) footsteps, other state-run banks may also come out with scheme offering home loan at a fixed rate of 8%. The Indian Banks ’ Association (IBA) would review the response of borrowers towards the SBI scheme after three weeks and if it finds that there has been a good response, ... More About: Home Loans , Home , Loan , Rates
NRI?s Invest in Real Estate Despite Recession
2009-02-04 05:35:00 Non-Resident Indians (NRIs) and overseas Indians feel that with the property rates heading southwards, time is ripe to invest in India’s real estate industry. Experts are of the view that the Indian economy is probably one of the few investment destinations across the globe as it would be one of the very few countries ... More About: Estate , Real Estate , Real , Invest , Recession
Tier II and III Cities Get Developer?s Attention
2009-02-04 04:41:00 Vipul Real Estate, one of the reputed real estate companies in India has now started concentrating on the ?Temple City? of Bhubaneswar. ?The realty buzz has now moved to tier II and III cities with growing aspirations, income levels and availability of vast and cheap land. Undoubtedly, Bhubaneswar could not have remained untouched,? a Vipul ... More About: Developer , Cities , Attention , Tier
Security Analysts Criticise Real Estate Companies
2009-02-03 08:05:00 The once-hot Indian real-estate industry is suffering from a clampdown on lending by financial institutions that has hurt demand for apartment and commercial property. Moreover, in the wake of the accounting scandal at giant outsourcer Satyam Computer Services Ltd. — the company’s founder admitted to inflating the books, creating a fictitious bank balance of more ... More About: Security , Companies , Estate , Real Estate , Real
60-65% Drop in Real Estate Earnings
2009-02-03 07:02:00 The downturn has hit the real estate company the hardest. The volume of the fall of realty stocks has surprised everyone. Toplines have declined from anywhere between 60-70% for most of companies and this decline is not only year on year but even quarter on quarter. The companies? bottomlines have declined further by 60-95% in ... More About: Estate , Real Estate , Earnings , Real , Drop
Realty Sector Stocks in Death Spiral
2009-02-03 06:52:00 Despite the BSE Realty Index correcting 86 per cent year on year, experts are advising investors not to go bottom fishing in the real estate sector. Some experts feel that the sector is in a death spiral and given the future valuations, some stocks are expensive and need to correct further. In the third quarter ... More About: Stocks , Death
Tough Time for Bangalore Realtors
2009-02-03 05:50:00 Real estate developers in Bangalore are facing a queer situation. On the one hand they are trying to lure new customers with attractive baits like offering cars free with new flats to boost the sales and on the other hand, they find it difficult to sell already booked flats to customers who want them on ... More About: Realtors , Time , Tough
DLF Plans 500 Acre Township Project in Kolkata
2009-02-02 11:49:00 DLF Ltd has proposed building a 500-acre township at Dankuni in the suburbs of Kolkata , abandoning plans to develop a 4,840-acre township in the same area, which was to be its biggest project in eastern India. In July 2006, the West Bengal government had awarded the contract to build a 4,840-acre township in Dankuni in ... More About: Project , Plans
SBI Rate Cut can Lower Bank Stocks
2009-02-02 08:02:00 State Bank of India (SBI) move to freeze its new home loan rates at 8 per cent for a year is too little, too late and will not have any immediate positive impact on prices of interest rate-sensitive sector stocks, believe market players. In fact, banking stocks could face the music on bourses as a ... More About: Stocks , Lower , Rate
Downfall in Real Estate Stocks to Continue
2009-02-02 07:48:00 R Venkat Subramanian, Head - Alternate Investments Group at Kotak Securities feels that real estate stocks will continue to struggle. Subramanian told CNBC-TV18, “I think real estate stocks will continue to struggle. There is no major case for real estate stocks to do well from here; the numbers have been bad, the stock prices have ... More About: Stocks , Estate , Real Estate , Real
DLF and UNITECH?s Profit Witness Record Low
2009-02-01 05:50:00 DLF Ltd. and Unitech Ltd., India?s biggest property developers, said quarterly profits plunged to record lows as the deepest economic slump in six years damped demand for homes, offices and malls. Net income fell 69 percent to 6.71 billion rupees ($137 million) in the three months ended Dec. 31, DLF reported, missing the 15.9 billion ... More About: Profit , Witness , Record
Govt Asks for Home Loan Data
2009-01-30 12:14:00 The government has asked state-owned lenders to submit data on home loans sanctioned by them since December 15. On December 15, the public sector banks had announced lower interest rates on home loans up to Rs 20 lakh following government intervention to boost demand. Bankers acknowledge that despite a reduction in interest rates to 9.25 ... More About: Home Loans , Home , Data , Loan , Home Loan
Union government can Change Foreign Ownership Rules
2009-01-29 09:40:00 The Union government plans to change foreign ownership rules in the real estate sector by scaling down the minimum area requirements for residential and commercial projects that have overseas investment. Current foreign direct investment (FDI) norms set the minimum area for serviced housing plots with such overseas ownership at 25 acres and, for construction development ... More About: Government , Change , Rules , Foreign
Tier 3 Offers Good Real Estate Opportunities
2009-01-29 09:34:00 Despite the global economic downturn eating into India?s real estate markets, Jones Lang LaSalle said the country?s third tier markets would provide attractive future returns. The real estate services firm added that Ahmedabad, Chandigarh, Kochi, Jaipur and Nagpur were among the most attractive. The investment case for India?s third tier cities is still strong despite ... More About: Estate , Real Estate , Offers , Opportunities , Real
Understand Social Responsibilities- Banking Experts to Developers
2009-01-29 09:32:00 In a brainstorming session on ?Opportunities and Challenges in Finance and Banking for Real Estate Sector? on Wednesday, banking experts told real estate developers to realise their social responsibility of providing affordable housing to the masses. Held under the aegis of the Gujarat Chamber of Commerce and Industry (GCCI) and Gujarat Institute of Housing and ... More About: Social , Experts , Developers , Understand
Banks Lending Policies made Easier by RBI
2008-11-25 10:48:00 Over the past few years, banks went all out to expand their home loan portfolios. In the present scenario of increasing interest rates and squeezing liquidity, the default rates are expected to increase. Bankers feel that home loan defaults could rise in the light of the economic slowdown. The delay in receipt of EMIs impacts ... More About: Banks , Policies , Made , Lending
Finance Minister Assures growth of Indian Economy
More articles from this author:2008-11-25 10:46:00 Finance Minister P. Chidambaram on Monday asserted that despite the global meltdown, India, unlike many other global economies, would continue to grow at seven to eight per cent this fiscal. It was nowhere near a recession.Inaugurating the Economic Editors? Conference here, Mr. Chidambaram pointed out that such a level of growth, even as the global ... More About: Economy , Finance , Indian , Growth 1, 2, 3, 4, 5, 6, 7 |
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