Developers carrying failed legacy of state instrumentalities
I don’t see any reason why there has been a general perception that the role of the government is to provide low cost housing unlike private developers.
I don’t see any reason why there has been a general perception that the role of the government is to provide low cost housing unlike private developers.
Noida extension seems to be taking its toll. India’s largest home loan provider State Bank of India (SBI) said on Friday, July 8, it will not finance real estate projects which are mired in disputes over acquisition of land.
The Supreme Court today, July 6, upheld the Allahabad High Court order that had quashed the Greater Noida Authority’s acquisition of land in the Shahberi village.
The owners of the Mantri Mall have sued the BBMP for Rs 10 crore for ”illegal” demolition of the ramp of the mall and the consequent problems it had caused.
Housing Development and Infrastructure Ltd has started resettling people living in the slums bordering the Mumbai airport, clearing the way for Mumbai International Airport Ltd to develop the area.
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.
The Allahabad High Court on Thursday quashed the acquisition of land by the Greater Noida authority in Sahberi village in Gautam Budh Nagar.
Addressing a press conference on Thursday, the newly-elected members of CREDAI National said the mission would give the real estate industry and all activities connected to it a fair image.
Global financial meltdown and the NRIs fear psychosis with the collapse of financial institutions seems to have by default been the catalyst to the realty boom in Punjab.
Mumbai saw a steep rise in property prices during the boom period of 2008. However, the economic slowdown in 2009 led to a property market crash which made itself very tangible in Mumbai in the first quarter of 2009, stabilizing by the middle of year and rising again between the 3rd and 4th quarters.