CHD Developers Q4 net profit skyrockets
CHD Developers Ltd. has reported its all time highest net sales of Rs. 86.11 crore for the quarter ended March 31, 2011.
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Yash Birla Group buys Aircon for Rs 10 crore; forays into infrastructure
Yash Birla Group has acquired Calcutta-based Aircon Engineering Services for Rs.10 crore, marking its foray in the infrastructure space.
Young business travellers are looking for single value package: Mukund Kamat, VP, Kohinoor Hotels
While business travellers’ hotel is an established concept in several European countries, the concept is yet to catch fancy in India.
Mahindra group to foray into low-cost housing
Budget housing is fast becoming big business with more and more real estate companies trying to please the masses with pocket-friendly offerings.
JLL donates $1.25 Million to Japan earthquake and Pacific tsunami relief
Global commercial real estate firm Jones Lang LaSalle has announced the firm is donating 100 million yen (approximately $1.25 million) to the Japanese Red Cross to provide aid and relief directly to those most in need following the Japan earthquake and Pacific Tsunami that have left a path of destruction in their wake.
FII’s inflow a matter of concern: Om Chaudhry, CEO, Fire Capital Fund
Om Chaudhary, CEO or Fire Capital Fund has a word of caution for Indian realty market and he believes that while there’s a huge hunger line for the realty, FII’s inflow can be a matter of concern since China is going to control the GDP.
Tracking movement
Real Estate sector has fast evolved in India. It has…
CREDAI concerned with negative projection of loan-for-bribe scam
The Confederation of Real Estate Developers’ Association of India has expressed concern over “painting” the ‘loan-for-bribe’ as a scam. It says such negative projection would lead to drastic reduction in credit for real estate companies.
Safeguard your home buying against dicey deals
In the year 2007 Preeti Banerjee bought a house in Royal Legacy, Vasundhara, Ghaziabad with the obvious high expectations of moving into a hassle free living. However, the dreams were soon shattered and she was exposed to the agony of an average middle class home buyer, often left alone at the mercy of the builders.
The Kolkata residential property market today
Kolkata is fundamentally a Tier II city, and its real estate market is not as volatile as those of the primary cities. Because of this, Kolkata’s residential property sector was not as seriously impacted by the nationwide slump in the real estate market as cities like Mumbai, Delhi, Pune or Hyderabad.