In a further blow to the dampened Diwali spirit of the realty sector, the RBI raised interest rates on today but said it was likely to hold off on further increases as it expects high inflation to ease beginning in December.
A four day property exhibition by the Orissa chapter of the CREDAI, which concluded in Bhubaneswar today, has estimated property deals worth about Rs.150 crore.
Welcoming the “balanced” decision of the Allahabad High Court to quash land acquisition in three villages in the Noida, Greater Noida and Noida Extension, CREDAI claims that home buyers will not be affected by the ruling.
Kolkata-based real estate company Avani Group is to foray into retail business by December, a senior executive said.
In one of the decade’s largest real estate deals in Kolkata, Ambuja Realty has acquired the RMZ block of Ecospace Business Park in New Town, Rajarhat, Kolkata.
Not far from Mukesh Ambani’s 27-storey tower, Antilia, may not be the tallest scyscaper in Mumbai as a competing skyscraper is making its way into Mumbai’s skyline.
Akshaya has chartered out plans for the next five to 10 years with an aim to strengthen its presence in South India.
Yes, it is possible to negotiate with residential property developers. As home sales continue to look sluggish in many parts of the country, developers are becoming more open to a bit of creativity on their stated terms.
The Malaysia’s Selangor State Development Corporation (PKNS) has forayed into India’s real estate sector and is close to concluding a deal with a leading developer to build affordable houses in Mumbai.
Bollywood actor Shilpa Shetty and her British-born Indian businessman husband Raj Kundra have forayed into the real estate business with Kundra Constructions as the brand.