Govt relaxes norm on purchase, sale of leasehold properties
Track2Realty-Agencies: The Delhi Government has lifted restriction on sale of leasehold properties which will benefit lakhs of property owners and may trigger hike in real estate prices.
Browsing: DDA
Caught between distress sale and debt trap-II
Track2Realty Exclusive-Yearly Analysis: The first visible sign of creditors losing patience came in October 2012 when two private equity funds, Citi Property Investors and JPMorgan Chase, initiated separate arbitration proceedings against BPTP on the grounds that it has failed to provide a time-bound exit for their respective investments in the company.
ED attaches Emaar MGF’s Delhi, Hyderabad properties for laundering
Track2Governance-Agencies: The Enforcement Directorate (ED) has attached properties owned by Emaar MGF, the builder of Commonwealth Games Village in Delhi and several projects in Hyderabad, for alleged violation of Prevention of Money Laundering Act.
Fitch finds India’s real estate outlook negative for H2 ’12
Fitch Ratings says in a new report that the Rating Outlook for the Indian real estate sector continues to be Negative for H212, due to persistent sluggish demand, high construction costs and liquidity pressures.
SME has its own brand value to attract realtors
In commercial real estate there is a general marketing strategy to showcase brands that book the space. Will SMEs cluster give the developer that cutting edge?
CWG Village gets Green Award
The Common Wealth Games Village-Residential Project, constructed by Emaar MGF has been awarded Green Rating for Integrated Habitat Assessment (GRIHA) plaque for its green building design initiative.
Consim Info to expand footprint in online property market
Consim Info Pvt. Ltd with online brands such as BharatMatrimony.com, IndiaProperty.com, EliteMatrimony.com and PrivilegeMatrimony.com has announced plans to expand its footprint in the online property business.
PE Analytics plans to launch Real Estate Index
New Delhi-based research firm PE Analytics has drawn up plans to launch Real Estate Price Index in partnership with a leading commodity exchange.
Hiked interest rates – Impact on the real estate sector
It has always been axiomatic that when financial institutions raise their lending rates, there are bound to be ripples on the highly cost-sensitive Indian real estate market.
TCG-Vornado fund to invest Rs 270 crore in NCR, Mumbai projects
India Property Fund, managed by NRI investor Purnendu Chatterjee’s TCG Real Estate and US-based Vornado Realty Trust, is in the final stages of investing Rs 270 crore in two residential developments in national capital region and Mumbai.