SADC, Singapore wishes China’s savings into Indian realty sector
A prominent group in Singapore plans to act as a facilitator to bring in China’s savings into the Indian economy and other South Asian countries.
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BFSI sector drives absorption of office space
An analysis of the recent revival of commercial real estate market in Mumbai shows that the Banking, Financial Services and Insurance (BFSI) sector has been primarily responsible for the huge uptake of office space.
JLL Asia Pacific property digest: Bangalore
Demand continued to be robust in Bangalore with corporates expanding and leasing large spaces.
Lack of teeth in Rural Development Ministry gives tainted companies lifeline
The Ministry of Rural Development has decided to get the names of the companies IL&FS Ltd, Infrastructure Kerala Ltd, Marg Ltd, Megha Engineering Infrastructure Ltd and Seri Infrastructure Finance Ltd cleared from the Ministry of Corporate Affairs.
Coming soon regulator for environmental clearances
Prime minister Manmohan Singh on Sunday, July 24, announced setting up of an independent environment regulator that would lead to a complete change in the process of granting environment clearances.
CREDAI blames NREGA for labour shortage in realty projects
After farmers complaining about shortage of labour due to NREGA, now CREDAI says real estate projects are experiencing time and cost over runs due to shortage of labour.
NAR signs bilateral deal with CREDAI for realty transparency
The National Association of Realtors, India (NAR-India) on Saturday, July 23, signed a bilateral agreement with CREDAI to make property purchases more transparent for buyers across the country.
Home buyers demand simpler loan process
While buying a house two out of three Indians (70.6%) demand a simpler, more understandable home loan procedure.
Noida farmers take to streets for more compensation
An estimated 300,000 homebuyers and home owners could be affected if farmers in 24 villages along the Noida-Greater Noida Expressway succeed in their agitation for the return of their land taken over by the Noida Authority in 2003.
Agitating Noida Extension farmers want more money, not land
Everybody wanted to hear this news—realtors, investors and home buyers. It seemed to be a case of who blink first.