Private realtors asked to focus on affordable housing
The Government has asked private real estate developers to participate in creating affordable housing stock and help in making India slum-free.
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NAREDCO elects Navin M Raheja as President; Sunil Dahiya is Sr Vice President
National Real Estate Development Council in its 13th Annual General Meeting (AGM) on 24th Sep, 2011 at India International Centre (IIC), New Delhi elected Navin M Raheja as President and Sunil Dahiya Dahiya as Senior Vice President.
DLF, 3C likely to sell Noida IT park to IDFC for Rs 500cr
DLF and The 3C Company are likely to sell their IT Park in Noida to Infrastructure Development Finance Company (IDFC) for about Rs.500 crore.
Indian property firms woo NRIs in Doha
Real estate developers have called upon potential buyers in Doha to take advantage of recessionary trends in the global economy and make investments in the real estate sector of growing economies like India.
Rate hike adds to debt burden of real estate companies
Continuous rise in interest rates by the banks is dampening the effort of the real estate companies to reduce debt by selling non-core assets.
Pune builders take repo rate hike in their stride
The real estate sector in Pune has taken the Reserve Bank of India’s (RBI) announcement to increase the repo rates in their stride without much cribbing.
Realty branding devising its own cost-benefit strategy
While the real estate carries home the point that the very nature of business has gone for a change with second generation taking over the business, professionals driving the show and efforts for an overall image makeover.
Global House Price Index for Q2 2011
Residential prices in Asia continue to increase, contrary to the pattern elsewhere, according to the Global House Price Index for the second quarter of 2011 by property consultant Knight Frank.
Winning the decade by GIREM
‘Winning the decade,’ is the focal theme of the fourth edition of GIREM, Global Initiative for Restructuring Environment and Management, the flagship urban development and real estate conference to be held at The Zuri White Sands, Goa.
McKinsey recommends REIS & GSS savings in gold and realty
Global consultancy firm McKinsey has recommended moving Indian household savings in physical assets like gold and real estate to financial assets to increase the flow of financial savings to domestic equity markets.