CREDAI resents government’s stand on LIG housing
Track2Realty: CREDAI has expressed strong resentment to the Union Government’s proposal for compulsory reservation of 35% of dwelling units built for the economically weaker sections (EWS).
Search Results: Real estate (4034)
Tips on buying a resale residential property
Track2Realty: The primary advantage of going in for a resale flat would lie in buying a home in a strategic location where no new supply is coming in. If one has personal cash resources at one’s disposal and is not reliant on a home loan (a home loan on a very old property cannot be taken for granted), buying a home in a project that is 20 years or more in age can be a good investment bet if the residential property is in a strategic, high demand location with low or no new supply. This would mean that the project would come up for redevelopment, ensuring a tidy profit to the owner.
DLF may raise Rs 2,500 crore from Aman Resort and wind energy business sale
Track2Realty-Agencies: DLF expects to raise about Rs 2,500 crore by end of this fiscal from sale of its two non-core businesses, luxury hospitality chain Aman Resorts and wind energy, a company official has said.
DLF plans to reduce debt to Rs. 13,000 crore
Track2Realty: DLF plans to reduce its debt from 22,700 crore to 18,000 crore by March, by selling non-core assets as well as stake in the company.
Andhra Pradesh promises single-window clearance
Track2Realty: Andhra Pradesh may become the first state to grant much-demanded single window clearance to realty projects. Andhra Pradesh Chief Minister N. Kiran Kumar Reddy has said his government will further simplify procedures and extend incentives to the real state sector if they ensure self-regulation and pass on benefits to consumers.
MCHI-CREDAI property expo kick starts
Track2Realty: MCHI-CREDAI property expo kick started on Thursday, Nov 1, at BKC grounds, Mumbai, featuring over 15,000 properties with over 120 developers participating. Axis bank is the co-organiser of the exhibition.
IndiaProperty.com mobile app now available on Windows 8
Track2Realty: Indiaproperty.com has launched the IndiaProperty App for the recently launched Windows 8 operating system. Windows 8 users can get the immediate benefit of the property search experience from the IndiaProperty App that is already available in the Windows Store, which will simplify and enhance their property search experience.
Supertech ties up with Leela Palaces for Rs 450 cr Noida hotel
Track2Realty: Supertech today announced tie up with hospitality chain The Leela Palaces, Hotel and Resorts for management of its luxury hotel in Noida that is being developed at an investment of Rs 450 crore.
MCHI-CREDAI plea challenging value-added tax levy dismissed
Track2Realty: Mumbai-based developers will have to finally pay 5 per cent Value Added Tax (VAT) to the Maharashtra Government. The Bombay High Court has dismissed a petition filed by MCHI-CREDAI that challenged the levy.
Central Bank of India targets Rs 10,000 crore home loan business in FY’12-13
Track2Realty: Central Bank of India is looking ahead to cloak a total business of Rs 10,000 crore from home loan segment. The bank has been aggressively targeting prospective home seekers through its various initiatives.