Indian realty sector to face tough time in next 12 months
With the US and European debt crisis affecting sentiments across the world, the Indian real estate sector is likely to see a gloomy phase in the next 12 months.
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Noida Extension impasse a learning curve for realty sector
The Noida Extension has snowballed into controversy which could have been better avoided.
Carlyle Group invests $26 m in Jerry Rao’s housing co
The Carlyle Group on Thursday, August 25, said it has invested $26 million in Value & Budget Housing Corporation, the Bangalore-based low-cost housing developer promoted by former Mphasis Chairman Jaithirth Rao.
Price per sq foot set to rise in real estate sector in TN
Despite strong growth potential for real estate in Tamil Nadu, the price per square foot is set to rise in the next two three months as the industry is reeling under a crisis.
Realty sector mulls legal action against CCI order
The ruling of Competition Commission of India (CCI) against the market leader DLF seems to have not only sparked a debate within the real sector, but has also united them.
Janaadhar value housing project completes Phase-1
Janaadhar Constructions, handed over the keys to home buyers of Janaadhar Shubha, its first affordable housing project targeted at the aspiring first-time home owner among the urban low income group.
Realtors pull out of affordable housing projects
More than half a dozen builders, including Ahmedabad-based Bakeri Group, Lodha Developers and Indiabulls Real Estate, have either pulled out of the affordable-housing segment or have changed their offering.
Rate hike may hit realty sector hard
The Reserve Bank’s decision to raise key policy rates by 25 basis points today is likely to have a negative impact on the real estate sector.
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.
Tata Housing plans Rs 1,000-cr investment
Even as the real estate sector is gradually slowing down as far as retail sales are concerned, Tata Housing, the real estate arm of the Tata Group, is consolidating its position.