Indian real estate sector outlook for 2012: Fitch Ratings
Fitch Ratings’ outlook for 2012 for the Indian real estate sector is negative due to weak overall demand and higher construction costs, which are likely to continue to squeeze margins.
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Costly fund chase ahead in 2012-IV
Indian developers will borrow about $1 billion from private equity funds this fiscal year at rates higher than banks, which are cutting loans to builders, Knight Frank assessment suggests.
Budget flats in focus at MCHI
With its focus on budget flats, the four-day MCHI Suburban Property Exhibition 2012 will kick-start at Maxus Mall, Bhayander West, on the Republic Day.
CREDAI Pune launches skill development programme
With the real estate industry facing a shortage of skilled manpower, the Confederation of Real Estate Developers’ Association of India (CREDAI) has launched a skill development programme in Pune.
MCHI claims India Realty Show at Dubai evokes serious NRI interest
The Maharashtra Chamber of Housing Industry (MCHI) has claimed that the three-day India Realty Show 2012 organised at Dubai over the last week-end has evoked an enthusiastic response from among serious property buyers.
Rental Housing can address urban housing problems
The ever-increasing housing needs in urban centers have caused home prices to shoot up to extremely unaffordable levels.
Costly fund chase ahead in 2012-II
The combined net debt of India’s 11 listed developers rose 15 percent in the 12 months through June to 385 billion rupees, according to Mumbai-based Edelweiss Securities Ltd.
2012: Year of cautious optimism for real estate-IV
The much anticipated opening up of Foreign Direct Investment (FDI) in multi-brand retail has renewed interest of several large international retailers in Indian retail market.
Supertech launches ‘ORB’ at Sector 74, Noida
Supertech has launched the launch of ‘ORB’ — a circular-shaped, 50 storey luxurious residential development, masterminded by the former bollywood actress and interior designer Twinkle Khanna.
Costly fund chase ahead in 2012-I
Macro level forecast suggests Asia in general, and China and India in particular, will continue to attract foreign direct investment (FDI) despite the slowdown as Europe and the US continue to grapple with economic problems of their own.