Retail set for a strong and steady 2012
We are into 2012 – the New Year with its fresh hopes and aspirations as also a fresh optimism for the economy.
Browsing: India Property
Residential market subdues but not in death throes-III
John Macomber, Senior Lecturer in real estate, Harvard Business School, says, “I am wary of market timing by residential investors. If you need a home and can afford it, buy a home and hold it.”
Red Fort Capital to raise $500 mn property fund
Red Fort Capital, an India-focussed real estate private equity firm,…
Eiffel Group to invest Rs 300 crore in golden triangle belt
As the second home phenomenon gains currency in the industrially-developed Mumbai-Pune- Nashik belt, real estate firm Eiffel Group has earmarked Rs 300 crore over the next three years to launch more projects in the region, referred to as the state’s ‘golden triangle’.
China’s HNA Group bids for DLF’s Aman Resorts
China-based conglomerate, HNA, has joined the race to buy Aman Resorts, the biggest non-core asset of realty major DLF, according to analysts and bankers.
Court dismisses DLF plea on SEBI order
The Delhi High Court on Tuesday, Jan 3, imposed a cost of Rs.2 lakh on realty major DLF while dismissing its plea against market regulator SEBI’s order to probe an allegation that it duped a city-based businessman of Rs.34 crore.
2012: Year of cautious optimism for real estate
Economic growth and real estate performance are two significantly intertwined characteristics. It is widely accepted fact that demand for real estate space is drawn and influenced from economic environment.
Realtors queue up for debt restructure
The Indian realty estate companies reeling under plunging sales and liquidity issues have something more challenging to negotiate-the piling debt in their balance sheet and the banks’ deadline to repay coming close.
MCHI cries foul over RR rate hike
The Maharashtra Chamber of Housing Industry (MCHI) has cried foul over the State government’s decision to hike its Ready Reckoner rates that guide the stamp duty and other levies.
Lessons learnt and road ahead in 2012-II
In view of the adverse publicity and shaken customer confidence arising out of significant delays in delivery of projects across the states, there is a strong acceptance of this matter by top management of the developers and investors alike.