BPTP to buy out Merrill Lynch’s 49% stake in Gurgaon project for 180 crore
BPTP is buying back Merrill Lynch’s 49% stake in its Crest office building in Gurgaon for Rs.180 crore. The developer has its corporate office in the same building.
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SRS Value Bazaar opens outlet in Faridabad
SRS Value Bazaar, a multi-brand retail store chain which is a part of SRS Limited, has opened its first outlet in Faridabad at Crown Plaza Mall.
2012: Year of cautious optimism for real estate-II
As the real estate sector in the country stands at a critical juncture, the performance of this sector will be largely governed by the following drivers.
Is 2012 right time to buy-I
1st of the series Track2Realty Exclusive The never ending debate…
Lessons learnt and road ahead in 2012-III
One of the main features of the real estate ecosystem is transparency. However, on the contrary, the market is considered as an information-inefficient market, where seller tends to provide less information to the buyer.
Residential market subdues but not in death throes-III
John Macomber, Senior Lecturer in real estate, Harvard Business School, says, “I am wary of market timing by residential investors. If you need a home and can afford it, buy a home and hold it.”
Court dismisses DLF plea on SEBI order
The Delhi High Court on Tuesday, Jan 3, imposed a cost of Rs.2 lakh on realty major DLF while dismissing its plea against market regulator SEBI’s order to probe an allegation that it duped a city-based businessman of Rs.34 crore.
2012: Year of cautious optimism for real estate
Economic growth and real estate performance are two significantly intertwined characteristics. It is widely accepted fact that demand for real estate space is drawn and influenced from economic environment.
Lessons learnt and road ahead in 2012-II
In view of the adverse publicity and shaken customer confidence arising out of significant delays in delivery of projects across the states, there is a strong acceptance of this matter by top management of the developers and investors alike.
Demand-supply gap to uplift residential realty market
The anticipated demand is likely to exert an upward pressure on property prices especially in markets like NCR, Mumbai and Bangalore where the demand-supply gap is high.