DLF’s KP Singh and Anil Ambani out of top 10 in Forbes list
While the real estate market looks subdued with the sector weathering a host of issues, this is not a good news either. DLF’s Chairman K P Singh is out of the top ten list of Forbes.
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RBI move will further tighten source of funding: CREDAI
The latest interest rate hike by the Reserve Bank of India (RBI) is bound to push up the price of housing loans as well as the residential apartments.
Piramal joins race for Milestone Capital
Milestone Capital, which is looking for potential buyers after its founder Ved Prakash Arya died in a freak accident two months ago, has found another suitor, Piramal Group.
Kolkata realtors launch fewer projects due to delay in approvals and clearances
It has been quite some time that Mamata Banerjee took over the rein of West Bengal after 34 long years of Left Front rule.
Residential property: A lateral look at home ownership in India
If the current economic conditions have proved nothing else, they certainly prove that investment in Indian residential real estate is impossible to write off, ignore or find an alternative to.
EMAAR MGF bags National Safety Council of India award
EMAAR MGF has bagged the “Prashansa Patra” award 2010 from the National Safety Council of India for its Boulder Hills, Excelsior Residential Project, a 7 acre high-rise project in Hyderabad.
Home financiers turn to lower tier towns for growth
It may surprise to many, but the fact is that the housing finance sector has steadily and consistently been posting impressive growth, despite the numerous challenges in the sector.
GPA property may fall by 20%
Valuation of immovable properties owned under general power of attorney (GPA) might fall by about 20 percent as the Supreme Court has declared the sale of properties through this deed illegal, industry experts said Friday.
Malaysian PKNS to build 1,000 affordable houses in Mumbai
The Malaysia’s Selangor State Development Corporation (PKNS) has forayed into India’s real estate sector and is close to concluding a deal with a leading developer to build affordable houses in Mumbai.
Mumbai office oversupply expected to correct prices
An oversupply of commercial office space in Mumbai and other metros could lead to a huge price correction in the country’s realty market.