Sobha Developers Q4 net profit at Rs 402mn
Sobha Developers Limited declared its Audited Financial results for the year ended March 31, 2011 and for the 4th quarter ended March 2011, at its Board meeting held in Bangalore.
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Real estate draft Bill revised to make it a central legislation
The contour of the Real Estate Draft Bill has been changed to make it a central legislation, a shift from it being a state matter earlier.
Israeli conglomerate to invest in Indian realty
Israeli conglomerate Elbit Imaging and its subsidiary Plaza Centers NV will make fresh investments of at least $500 million to develop real-estate projects in India.
PE Analytics plans to launch Real Estate Index
New Delhi-based research firm PE Analytics has drawn up plans to launch Real Estate Price Index in partnership with a leading commodity exchange.
Hiked interest rates – Impact on the real estate sector
It has always been axiomatic that when financial institutions raise their lending rates, there are bound to be ripples on the highly cost-sensitive Indian real estate market.
Tata Housing bags CNBC Awaaz Crisil CREDAI Real Estate Award 2011
TATA Housing Development Co. Ltd. has been awarded CNBC Awaaz Crisil CREDAI Real Estate Award 2011 for Integrated Sub Urban Developer at the 11th National Conference of Confederation of Real Estate Developer’s Association of India in Singapore.
Realtors and first time buyers upbeat on Akshay Tritiya
When Rishi Patil bought his first property in Mumbai a decade back, he followed the advice of family astrologer and deliberately waited for 7 months to book the flat on the day of Akshay Tritiya.
Realty at the bottom of the pyramid
While everybody, including the Finance Minister seems to be focussing on the affordable housing, the definition of the real estate at the bottom of the pyramid seems to be changing.
CREDAI demands comprehensive real estate law
The Confederation of Real Estate Developers’ Association of India (CREDAI) demands the proposed law to regulate the development of India’s real estate sector must be comprehensive to address the interests and responsibilities of all stakeholders.
Kamal Nath promises less clearance hurdle for realtors
Union minister for urban development Kamal Nath on Thursday said the number of approvals a developer has to get will have to be cut down for faster and more efficient property development in the country.