India real estate and the US credit rating cut
The US credit rating cut and uncertainties about Europe’s debt situation is a cause concern.
The US credit rating cut and uncertainties about Europe’s debt situation is a cause concern.
Both absorption and leasing activity remained robust in Pune in 1H11. Net overall absorption was 2.3 million sq ft (213,591 sqm), with 1.5 million sq ft leased during 2Q11.
A number of factors are taken into account when assessing your repayment capacity for the Pre approval of the loan.
The UPA government has tried to address the politically sensitive issues of land acquisition and rehabilitation of affected people by shrinking the role of the state in acquisitions.
India’s real estate sector will be among the worst hit by the Reserve Bank of India’s decision to raise key interest rates, experts have said.
The Confederation of Real Estate Developers’ Association of India (CREDAI) has estimated that the sector will face a funding gap to the tune of USD 70 billion over the next five years.
The six-acre land parcel owned by Tulip Star Hotel (formerly Centaur Hotel) at Juhu in Mumbai will continue to be entangled in legal battle for some more time, despite the arbitrator allowing termination of sale agreement entered in 2005.
LIC Housing Finance Ltd plans to launch a Rs 500 crore venture capital (VC) fund for urban infrastructure development by September, according to its Director and Chief Executive Officer, V K Sharma.
I don’t see any reason why there has been a general perception that the role of the government is to provide low cost housing unlike private developers.
Cinemax, India’s largest multiplex chain launched its flagship property in Pune, the second largest city in Maharashtra.