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Chief Minister Tarun Gogoi has inaugurated the ‘Northeast Realty Expo 2011’ at the Maniram Dewan Trade Centre on Thursday, August 25.
CREDAI welcomed the BMC’s announcement that the redevelopment projects in the city will not be covered under new DC rules for levying extra premium on FSI for certain areas.
There has been a substantial decline in foreign direct investments (FDI) in high-growth potential sectors like housing and real estate, construction activities and telecommunications in 2010-11.
It seems the Competition Commission of India (CCI) ruling on the DLF to pay penalty has opened the can of worms.
Reliance Portfolio Management Services, a part of Reliance Capital Asset Management is all set to raise over Rs.1500 crore from the domestic market to invest in real estate projects around the country.
New building technology created by International Steel Structures (ISS), is ready to help reduce India’s housing shortage by being able to provide housing units with structural integrity in a matter of days from production.
Ajmera Realty & Infra India rose 2.96% to Rs. 118.40 at 14:15 IST on BSE on Wednesday, August 24, after the company said it has approved the proposal to acquire the 90% stake in Laudable Infrastructure LLP.
Call it flavor of the season or overt holier-than-thou or just plain Anna Hazare effect, major real estate developers of Punjab have announced not to pay bribes to government officials in future for getting their projects approved.
The ruling of Competition Commission of India (CCI) against the market leader DLF seems to have not only sparked a debate within the real sector, but has also united them.
It is not slowdown for some of the realtors, while others are feeling the heat. If the signature projects of some of the developers are any indication, market is still good if you don’t have crisis of credibility.