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April 3, 2011

Gujarat govt files caveat over new jantri rates

The Gujarat Government is determined to back its new jantri rates – or government assessment of the value of properties which have come into effect from April 1. There rates have been increased from 2.5 to eight times across the state.

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April 1, 2011

Shopping malls are hang outs, but Indians avoid mall shopping

As many as seven out of 10 Indians with disposal income, a whopping 72 per cent, go to shopping malls at least twice a month but don’t buy the monthly food & grocery, apparels or consumer durables over there.

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Real Estate Investment, india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, India Property

April 1, 2011

CREDAI urges single window clearance

The Confederation of Real Estate Developers’ Association of India (CREDAI) Friday urged the central government to introduce single window clearance and a uniform tax structure for the sector across the country.

Company News

March 31, 2011

Real Estate & NBFCs drive loan growth

Banks have experienced strong demand for loans from the real estate sector and non-banking finance companies (NBFCs) during the year till February, shows the latest data released by the Reserve Bank of India.

Company News

March 31, 2011

CREDAI on Mission Transparency

Addressing a press conference on Thursday, the newly-elected members of CREDAI National said the mission would give the real estate industry and all activities connected to it a fair image.

Company News

March 31, 2011

Jones Lang LaSalle enters South Africa with acquisition

Real estate and investment management services provider Jones Lang Lasalle Inc. on Thursday announced its foray into South Africa with the acquisition of corporate property service provider, Bradford McCormack & Associates for an undisclosed amount.

Headlines

March 31, 2011

Chennai needs 60,000 more houses

India’s housing shortfall is estimated to be around 27 million and Chennai city alone faces a deficit of 60,000 housing units.

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March 30, 2011

Emaar takes stock of Indian property

Emaar Properties PJSC, Dubai’s largest real-estate firm, has asked consultants and investment bankers to value its Indian joint venture Emaar MGF Land Ltd’s assets.

Company News

March 30, 2011

Banks rescheduled Rs. 6000 crore to realty companies

While the banks and financial institutions are overtly blaming the real estate companies for defaulting on the loan repayment, it is learnt that they are also showing largesse to the realtors by rescheduling their loan repayment.

Company News