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February 5, 2012

Commercial realty turns back to sale model from lease model-II

In the country’s commercial capital, Mumbai, over a dozen large developers and double their number of smaller ones are selling office properties as well, according to Ashok Kumar, Principal and Managing Director of Cresa Partners, a corporate realty services firm.

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February 4, 2012

Gujarat CREDAI takes land use optimisation lessons from Israel

The Confederation of Real Estate Developers’ Associations of India (CREDAI), Gujarat organised a seven-day technical tour for its members in mid-January. The 60-member delegation, that included developers from Ahmedabad, Mehsana, Rajkot, Surat, Palanpur, Navsari, Unjha, Bharuch and other centres, visited Israel, Jordan and Oman.

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February 4, 2012

RBI asks banks not to overstate value of realty

The Reserve Bank of India (RBI) on Friday came hard on banks for overstating realisable value of real estate properties they finance by including charges such as stamp duty and other levies.

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January 27, 2012

Commercial realty turns back to sale model from lease model

First generation of commercial realty saw sales model and then the Indian developers learnt the global pattern of lease model.

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January 27, 2012

Mumbai home sales drop to 3-year low

Mumbai’s residential home sales dropped to a three-year low in the quarter ended December as record home prices and higher interest rates crimped demand, according to Liases Foras Real Estate Rating & Research Pvt.

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