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May 19, 2013

Most awarded yet least reliable; realty awards misleading-II

Track2Realty Exclusive: There are some industry watchers who believe the entire genre of awards should not be dismissed just because there are few rotten eggs in the basket. Industry body NAREDCO thinks awards should be seen as recognition for the work done by the developer. “If a real estate company has earned an award, I think it should be respected by the industry and by the collective consciousness,” says Sunil Dahiya, Senior Vice President of NAREDCO.

Policy

india realty news, india real estate news, real estate news india, realty news india, india property news, property news india, india news, property news, real estate news, India Property, Real Estate Bill, Parliament of India, Government of India, Urban Development Ministry

April 14, 2013

Haryana govt notifies Development and Regulation Act

Track2Realty-Agencies: Haryana government has notified the Haryana Development and Regulation of Urban Areas (Amendment) Act, 2013 to regulate land use in the state.

Company News

April 11, 2013

RICS and Amity University establish India’s first ‘School of Built Environment’

Track2Realty: The Royal Institution of Chartered Surveyors (RICS), the world’s leading professional qualification and standard setting body in land, property and construction sector and Amity University have established the RICS School of Built Environment, Amity University at Noida campus, to address the shortage of skilled professionals in the sector.

Company News

March 12, 2013

Realty firms opting for IPP route to meet shareholding norms

Track2Realty-Agencies: Real estate firms, including market leader DLF, are taking a contrarian view on preferred route for selling promoter shares, as they are opting for Institutional Placement Programme (IPP) as against the much sought-after Offer For Sale (OFS) mechanism.

Policy

February 25, 2013

RBI announces final guidelines on new banking licences

Track2Realty: The Reserve Bank of India (RBI) has released final guidelines for issuing new bank licences on Friday. This will pave a way for corporate houses to enter the banking sector.

Commercial

February 14, 2013

DTZ-Track2Realty study on commercial real estate-I

Track2Realty Exclusive:
India Offices 2012

Markets remained cautious but poised for an upturn

The year 2012 began on a cautious note, in the wake of a slowdown in domestic economic growth and a tepid outlook on the performance of the world economy. So far during this year (Q1 2012 to Q3 2012), the overall performance of the office real estate market in the country remained mute compared to the same period in 2011.

Reports

July 30, 2012

After short lived rebound in commercial property, Indian market sees rental outlook slip again in Q2

According to the latest RICS India Commercial Property Survey, sentiment in the Indian real estate market has been adversely affected in the second quarter, as the economic picture in the country continues to remain bleak with the declining value of the rupee and growth forecasts being revised lower, along with a deteriorating global climate.

Company News

July 7, 2012

Dewan Architects & Engineers forays into Indian realty

Dewan Architects & Engineers, architecture and engineering consultancy firm, has drawn up an ambitious plan to expand its footprints in the Indian realty business. The company recently announced its venture into the burgeoning Indian real estate market, in a move that comes as part of Dewan’s strategic expansion plans to reach out to more markets in South East Asia.

Company News

June 28, 2012

Gurgaon to have 16-lane super-speciality corridor

DLF and HUDA (Haryana Urban Development Authority) on Thursday, June 28, announced the commencement of work on the 8.3-km, 16-lane signal-free road being built at a cost of Rs 550 crore in the city.

Industry Movement

June 26, 2012

Theme Ventures signs Mumbai realty cos to sell residential properties to corporates

Below the line marketing company Theme Ventures has signed a group of well-known real estate companies in Mumbai to sell the residential properties directly to the corporate employees by setting up shops inside the large work premises, the news reports said.

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