Hiked interest rates – Impact on the real estate sector
It has always been axiomatic that when financial institutions raise their lending rates, there are bound to be ripples on the highly cost-sensitive Indian real estate market.
Author Track2Realty
Track2Realty
Track2Realty is an independent media group managed by a consortium of journalists. Starting as the first e-newspaper in the Indian real estate sector in 2011, the group has today evolved as a think-tank on the sector with specialized research reports and rating & ranking. We are editorially independent and free from commercial bias and/or influenced by investors or shareholders. Our editorial team has no clash of interest in practicing high quality journalism that is free, frank & fearless. Now you can subscribe our YouTube Channel @ https://www.youtube.com/channel/UClwlWQn4MUB7uVbQKsNEJzg
TCG-Vornado fund to invest Rs 270 crore in NCR, Mumbai projects
India Property Fund, managed by NRI investor Purnendu Chatterjee’s TCG Real Estate and US-based Vornado Realty Trust, is in the final stages of investing Rs 270 crore in two residential developments in national capital region and Mumbai.
PVR to sell Phoenix Mills property to JM Financial
Film exhibitor and distributor PVR said on Thursday it has entered into an agreement with Infinite India Investment Management, a part of JM Financial Group, for sale and leaseback of its multiplex property in Mumbai for Rs 100 crore.
Goa property exhibition to showcase 200 projects
For those searching for their home sweet home in Goa, there’s a treat in store this Akshaya Tritaya.
Tata Housing bags CNBC Awaaz Crisil CREDAI Real Estate Award 2011
TATA Housing Development Co. Ltd. has been awarded CNBC Awaaz Crisil CREDAI Real Estate Award 2011 for Integrated Sub Urban Developer at the 11th National Conference of Confederation of Real Estate Developer’s Association of India in Singapore.
Buying a home this Akshaya Tritiya?
The property market in many Indian cities sees increased activity during festivals like Akshaya Tritiya, which are believed to be auspicious for the creation of wealth and good fortune.
Realtors and first time buyers upbeat on Akshay Tritiya
When Rishi Patil bought his first property in Mumbai a decade back, he followed the advice of family astrologer and deliberately waited for 7 months to book the flat on the day of Akshay Tritiya.
IL&FS, DB Realty & Rural Development Ministry – Its all in the family
In an obvious chain of patronage IL&FS, the company which gets the contract opts for Sanganer project Rajasthan from where Arvind Mayaram’s mother Indira Mayaram has been contesting Assembly elections and Mayaram and family has farmland there.
IL&FS direct beneficiary in DB Realty
The IL&FS has LIC of India, State Bank of India, Central Bank of India, HDFC Bank as prominent shareholders. As per the reports IL&FS owned 4.05 per cent stake in Shahid Balwa’s DB Realty.
Realty at the bottom of the pyramid
While everybody, including the Finance Minister seems to be focussing on the affordable housing, the definition of the real estate at the bottom of the pyramid seems to be changing.