Cash starved realty sector splurges on advertising
Home sales are down, cash flows are drying up but builders just can’t cut on advertising.
Home sales are down, cash flows are drying up but builders just can’t cut on advertising.
The Keventer Group is planning to step up its activities in Bengal & Bihar, including a major foray into real estate.
Sports cities – townships conceived and executed on a sports-centric theme and lifestyle concept – are a unique emerging real estate trend in the country.
The Confederation of Real Estate Developers’ Associations of India (CREDAI) has plans to train 20,000 people in the next three years.
Fairmont Raffles Hotels International (FRHI) has joined the list of global hospitality majors who are upbeat about the India growth story.
The Enforcement Directorate (ED) has unearthed 15 foreign bank accounts with direct links to realtor Hasan Ali Khan and his accomplice, Kolkata based businessman Kashinath Tapuriah.
While the real estate market in India is far from satisfactory, a section of real estate developers are exploring opportunities in neighboring nations including Sri Lanka and Bangladesh as the governments, seeking to boost economic growth, are providing incentives to develop infrastructure.
Unsold, vacant, no takers…these words aptly sum up the story for real estate developers into malls in India. Even though retailers are spreading their wings once again after the slowdown, the absorption of malls remains sluggish, leading to high vacancies.
The Confederation of Real Estate Developers’ Association of India, the apex body of private real estate developers, said Wednesday that it would make the code of conduct mandatory for all its members.
Demand for commercial office space across the seven major cities in India is estimated at around 160 mn sq ft by 2014, a latest study by real-estate services firm Cushman and Wakefield Research (CWR) said.