S&P warns rising property prices as credit risk for banks
Standard & Poor’s Rating Services on Monday, July 4, said the surge in real estate prices in some pockets in India could emerge as a credit risk for banks.
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NHB finds fall in property prices in seven cities
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.
Godrej Properties voted amongst Most Trusted Names in realty
Godrej Properties Ltd has been voted as amongst the ‘Most Trusted Names’ in the Real Estate Industry.
Real estate bill to provide affordable housing
The government Friday said it is committed to providing affordable housing to all and that work is underway on a real estate regulation bill.
Minister blames real estate, industry for degrading wetlands
Wetlands are under severe threat from the real estate lobby and industry as they are easy to lease out, Environment Minister Jairam Ramesh said in Ahmedabad on Wednesday.
CREDAI to add more pan-India training schools
The Confederation of Real Estate Developers’ Associations of India (CREDAI) has plans to train 20,000 people in the next three years.
Equinox Realty to invest Rs. 4000 crore in residential project
Equinox Realty, the property development arm of Essar group, has announced plans to invest around Rs 4,000 crore to develop residential units across the country.
Realty at the bottom of the pyramid
While everybody, including the Finance Minister seems to be focussing on the affordable housing, the definition of the real estate at the bottom of the pyramid seems to be changing.
Adani Realty to invest Rs. 5,000 crore in township
Adani Realty Business, the real estate arm of the Adani Group, plans to invest Rs.5,000 crore in the group’s upcoming township in Ahmedabad.
CREDAI Orissa sets up grievance cell to restore trust
The Orissa chapter of the Confederation of Real Estate Developers Association of India (CREDAI) aims to put an end to real estate cheating cases.