Banks turning equity owners than lenders
As real estate asset values continue to fall, banks may be forced into an unfamiliar role, that of active property portfolio management.
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Noida real estate buys a truce for 3 month
The farmers and Noida Authority have negotiated a truce for three months under which the farmers of 54 Noida villages have given an undertaking to the Noida Authority.
Spencer’s eyes foreign ties
Spencer’s has initiated stake sale talks with a foreign retailer on hopes that foreign direct investment will be opened up in multi-brand retail.
Office rents and capital values continue to grow across Asia Pacific
Ongoing corporate hiring and expanding accommodation requirements underpinned the Asia Pacific office leasing market in 2Q11, according to new research from Jones Lang LaSalle in their recent Asia Pacific Office Index.
Migrating youth is a catalyst to real estate development
I think from a business perspective we must focus on the issue of migration and traveling from city to city which the youth is doing.
RICS India conference on Urban Infra
RICS India is organizing a conference on ‘Planning and Delivering Urban Infrastructure in Indian Cities’.
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.
Housing sector faces $70bn funding gap over 5 yrs
The Confederation of Real Estate Developers’ Association of India (CREDAI) has estimated that the sector will face a funding gap to the tune of USD 70 billion over the next five years.
Stronger law on anvil to confiscate benami property, punish offenders
The government plans to enact the Benami Transactions (Prohibition) Bill, 2011, to replace the existing Benami Transactions (Prohibition) Act, 1988.
CapitaLand enters Indian hospitality sector
CapitaLand, one of Asia’s largest real estate firms, will spend…