Minister admits government missed real estate growth opportunities
Urban Development Minister Kamal Nath admitted today that “the government has not responded to the tremendous growth in the real estate sector in the last one decade appropriately”.
Browsing: Delhi NCR real estate
Thai developer to foray into Indian realty
Indian arm of a leading Bangkok based developer is looking to invest some $300 million in the country’s real estate market, particularly in the major cities of Delhi, Mumbai and Bangalore.
JLL update on Delhi real estate
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.
L&T to build the 7-star Luxury Residences – M3M Golf Estate
Luxury real estate developer M3M India has appointed L&T to build the 7-star Luxury Residences – M3M Golf Estate.
RBI for central registry to check home loan frauds
Fraudsters will soon find it difficult to dupe banks by mortgaging the same property with two lenders or selling mortgaged property.
Jones Lang LaSalle enters South Africa with acquisition
Real estate and investment management services provider Jones Lang Lasalle Inc. on Thursday announced its foray into South Africa with the acquisition of corporate property service provider, Bradford McCormack & Associates for an undisclosed amount.
Chennai needs 60,000 more houses
India’s housing shortfall is estimated to be around 27 million and Chennai city alone faces a deficit of 60,000 housing units.