Asian property folio growth to beat US
Global companies said their real estate portfolios will grow most in Asia by 2013, boosted by the powerhouse economies of China and India, with those in more mature markets trading sideways, a survey said.
Search Results: real estate development (1951)
Land mafia violating all norms in Hubli-Dharwad
Land mafia has surfaced in the twin cities of Hubli and Dharwad of Karnataka in a big way. They are converting agricultural lands into residential plots without the CLU (Change of Land Use) and other required approvals from the concerned authorities and are selling to gullible people.
Hilton Worldwide opens fourth India property in Chennai
Global hotel chain Hilton Worldwide has opened its fourth India property in Chennai. According to the company release, the five-star 204-room Hilton Chennai, positioned as a business hotel, is owned by Empee Group, which has diversified interests from alcoholic beverages to property development.
Tata Housing to invest 3000 crore on affordable housing
Tata Housing Development Company would invest up to Rs 3,000 crore next fiscal to develop affordable homes across the country. The company already has five projects in the affordable segment and plans to launch 7-8 more projects next fiscal.
Commendable job by focus on infra dev: RICS
Backed by strong economic growth and impressive fiscal consolidation, the Royal Institution of Chartered Surveyors (RICS) believes that the finance minister has done a commendable job by continuing the focus on infrastructure development, which has been a key contributor to the inclusive growth in the country.
Focus on Aam Aadmi who doesn’t live in cities
The Finance Minister seems to be getting more appreciation than brickbats for renewing focus on the housing needs of Aam Aadmi. Even the real estate sector is divided and while the long awaited demands have not been fulfilled, a section of the realtors with affordable housing projects have appreciated the efforts.
Budget focused on common man: Sunil Mantri, President MCHI
Maharashtra Chambers of Housing Industry (MCHI), most prominent body of the real estate developers today described the Union Budget presented by the Finance Minister Pranab Mukherjee as “Budget with few positive steps focused on the common man who is interested in buying a house in rural and urban areas”.
Low Income and Middle Income Housing thrust is reflected in the Budget: Rohtas Goel, MD, Omaxe
Affordable Housing development is expected to be encouraged with the announcement of a new Housing Mortgage Guarantee Fund which will cover the risk of Housing Finance Companies for lending to less advantaged sections of society.
Increase in priority housing loan limit a positive step: Jitendra Jain, MD & CEO, Neev Group Of Companies
The move to increase the priority housing loan limit to Rs 25 lakh was a positive one that will lead to increasing the base of home loan takers and thereby a boost for affordable housing.
Union Budget 2011 raised FII investment cap in infrastructure
The limit of funds to be invested by foreign investors in the Indian infrastructure sector has been raised with Finance Minister Pranab Mukherjee also allowing mutual funds to accept foreign funds in the national budget presented on Monday.