Asian property folio growth to beat US
Global companies said their real estate portfolios will grow most in Asia by 2013, boosted by the powerhouse economies of China and India, with those in more mature markets trading sideways, a survey said.
Browsing: Baroda Real Estate
Land mafia violating all norms in Hubli-Dharwad
Land mafia has surfaced in the twin cities of Hubli and Dharwad of Karnataka in a big way. They are converting agricultural lands into residential plots without the CLU (Change of Land Use) and other required approvals from the concerned authorities and are selling to gullible people.
Tighter liquidity dips home prices in metro cities
The vision of owning a house is slowly getting clearer for buyers as residential real estate prices are beginning to see the promised correction on the back of hardening interest rates and poor transaction volumes.
Supertech to develop tallest tower in North India
Supertech will invest Rs 600 crore to develop a 255 metre tall residential tower in Noida. The company will offer a total of 1,326 housing units with prices of up to Rs 2.25 crore in the tower that it claims will be the tallest in North India. “The project, North Eye, will be the tallest in entire region with 60 floors and 255 metre height.
Housing scam in Uttarakhand to be probed by judicial commission
Uttarakhand government has set up a judicial commission on the High Court orders to investigate the role of some officials in the Rishikesh-based housing project.
Pune Municipal Corporation gets Rs 400 crore in property tax
The Pune Municipal Corporation (PMC) has set a record by recovering property tax of Rs400 crore till March 3. More tax is likely to be collected in the remaining days of the current financial year. The civic body had collected Rs108.99 crore in property tax in fiscal 2000-01.
Overseas realty funds drying up
With only $400-500 million of foreign funds flowed into the Indian real estate sector in 2009-10, the outlook ahead seems to be far from being rosy.
Anant Raj Group Chairman questioned by CBI
The CBI has questioned chairman of Anant Raj Group, a Delhi-based real estate company, Amit Sarin, and Idea Cellular CEO Sanjeev Aga in connection with its probe into the 2G spectrum allotment scam.
Hilton Worldwide opens fourth India property in Chennai
Global hotel chain Hilton Worldwide has opened its fourth India property in Chennai. According to the company release, the five-star 204-room Hilton Chennai, positioned as a business hotel, is owned by Empee Group, which has diversified interests from alcoholic beverages to property development.
Oversupply of retail space set to keep rentals under pressure
A mammoth increase in planned supply of retail malls in India will increase retail companies’ bargaining power vis-à-vis real estate developers.