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August 10, 2011

Land Acquisition Bill to trigger real estate price hike: CREDAI

Confederation of Real Estate Developers Association of India on Wednesday, August 10, said the property prices would surge if the draft Land Acquisition Bill proposed by the Rural Development Ministry came into force.

Company News

August 10, 2011

Leela Group to sell Leela Resorts to ease debt burden

The Leela Group is set to sell its marquee property in Kovalam, a famous beach on the outskirts of the capital of Kerala, as part of an ongoing exercise to ease its debt burden.

Commercial

August 10, 2011

No takers for 1.3 crore sq ft of office space in Mumbai

Real estate stock of office premises in Mumbai has been going through a slump for the last 14 financial quarters.

Headlines

August 9, 2011

Why a CBI enquiry was not conducted for missing files in Aldeia de Goa project?

Government of Goa continued to go soft on the developer despite of objections by the administration, NGOs and the civil society.

Company News

August 9, 2011

Oberoi, Mukesh Ambani join hands to build hotels, luxury homes

Prithvi Raj Singh Oberoi and Mukesh Ambani are set to join hands for development of hotel properties, and even luxury apartments, both within and outside the country.

Company News

August 9, 2011

Omaxe sees net debt down at Rs 880-890cr

Omaxe Ltd expects net debt to fall to Rs.880-890 crore by March 31 as it plans to repay debt over the next three quarters, mainly from operations, a top official said on Tuesday, August 9.

Company News

August 9, 2011

ATS Group forays in Gurgaon

ATS Group, the Noida-based developer has announced its foray to the Gurgaon property market with residential projects.

Company News

August 9, 2011

Videocon’s hotel project in Ahmedabad on hold

Videocon Group has put its hotel project on backburner. The company now plans to enter the Ahmedabad real estate market with a residential cum commercial project on the prime location of Ashram Road.

Commercial

August 8, 2011

Realtors exploring alternative channel of funding

As India’s realty sector goes through a liquidity crunch with banks tightening lending norms and property sales dropping, real estate developers are turning to alternative channels of funds.

Headlines

August 8, 2011

Why did Goa Government go soft on DB Realty?

Government of Goa had initially taken a firm stand against the DB Realty Goa Project on account of the Goa Bachao Abhiyan (GBA) fierce agitation in 2006.

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