
Kerala plans realty regulator
The Kerala Government has proposed to constitute a real estate regulatory authority to monitor and guide builders and developers in the State.
The Kerala Government has proposed to constitute a real estate regulatory authority to monitor and guide builders and developers in the State.
Nitesh Estates has signed up a Rs.300 crore residential project in Bangalore. The project spread on more than 4 acres of land, will have nine lakh square feet development aimed at mid and upper mid income segments.
CRISIL Research expects tier II cities will be the demand drivers and lead finance penetration and entry of more players to drive faster growth in retail loans demand.
Angel investors, Indian Angel Network has invested $1 million in the Mumbai-based real estate portal GrOffr.com for a minority stake.
Unitech Ltd is expanding its retail development business and plans to invest around Rs.2,000 crore over the next three years to develop about 2 million sq. ft of premium and luxury shopping malls.
Property prices in seven cities across India dropped by 2.63 per cent to 17.6 per cent during the January to March quarter, according to the latest data released by the National Housing Bank.
CRISIL Research says that there will be 5% correction in the realty prices in Ahmedabad this year.
I was recently asked about the role IT has played and will continue to play in the demand for high-end housing in Bangalore.
The promoters of the real estate company Apple A Day, linked to a housing scam have filed for bail, and the mother of one of them has also filed an anticipatory bail application in a sessions court in Kochi.
The Ernakulam Principal Sessions Court on Thursday rejected the anticipatory bail plea of promoters of a real estate company who have duped hundreds of people of more than Rs.1 billion.