Minister blames real estate, industry for degrading wetlands
Wetlands are under severe threat from the real estate lobby and industry as they are easy to lease out, Environment Minister Jairam Ramesh said in Ahmedabad on Wednesday.
Wetlands are under severe threat from the real estate lobby and industry as they are easy to lease out, Environment Minister Jairam Ramesh said in Ahmedabad on Wednesday.
The decision on allowing external commercial borrowings (ECBs) for the real estate sector still hangs fire with the Finance Ministry and the Reserve Bank of India holding opposing views.
EduMark Realty Education has announced the opening of admission in its different real estate courses in Delhi.
Over the last six to seven years, the number of investors who enter the residential real estate sector for the purpose of capital appreciation has been increasing.
After recording significant leasing in 4Q10, Mumbai city witnessed moderate transaction activity in 1Q11 as the major office occupiers of India Inc awaited the impact of budget on their corporate real estate strategy for the next fiscal year.
The period ending 1Q11 witnessed moderate activity in the office market in the city. With CBD vacancy rates continuing to hover at around 1%, office transactions were limited to either small office queries or larger office spaces that were inevitably a churn in the existing stock.
Indians are emerging as among the most active buyers of property in Britain, according to a report in local British media.
Blaming use of black money in real estate to archaic laws, India’s largest realty firm DLF has said Prime Minister Manmohan Singh’s emphasis on reduction of stamp duty will help in cleansing the sector.
Dubai International Financial Centre (DIFC) and Absalon Project, a joint venture between affiliates of VP Securities and Soros Fund Management, have launched a feasibility study for a mortgage system in the UAE, based on the principles of the Danish Mortgage Model.
BNP Paribas has raised its ratings on Indian real estate developers, citing a discounted value and improving outlook.