http://metroplots.com/news/ The latest news about Metroplots. en-us albert@rage-india.com (Albert Virgin) albert@rage-india.com (Albert virgni) PHP RSS Feed Generator MUMBAI: Iconic Italian luxury brand Giorgio Armani is looking to bring its high-end homeware and furnishings retail stores to India in the next one year. A senior executive from the group told TOI that talks were ongoing with potential local partners even as the group scouts for retail spaces to open its Armani Casa outlets in India. http://economictimes.indiatimes.com/news/news-by-industry/services/retailing/Italian-luxury-brand-Giorgio-Armani-to-enter-Indian-homeware-market/articleshow/11723304.cms Thu, 02 Feb 2012 07:Feb:nd 7FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fnews%2Fnews-by-industry%2Fservices%2Fretailing%2FItalian-luxury-brand-Giorgio-Armani-to-enter-Indian-homeware-market%2Farticleshow%2F11723304.cms MUMBAI: GIC Real Estate, a part of Singapore government's sovereign fund GIC, is investing over $100 million in a Godrej Properties office project in Mumbai's Bandra Kurla Complex. http://economictimes.indiatimes.com/markets/real-estate/news-/gic-real-estate-to-invest-100-million-in-godrej-properties-office-project/articleshow/11721560.cms Thu, 02 Feb 2012 07:Feb:nd 7FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fgic-real-estate-to-invest-100-million-in-godrej-properties-office-project%2Farticleshow%2F11721560.cms Often, loan-seekers complain about their applications being rejected by banks due to unfavourable credit history, as it is seen as a forecaster of possible defaults. However, until a few months ago, prospective borrowers had no way of ascertaining whether such a view was reasonable, as credit information companies provided this data only to member lenders. http://economictimes.indiatimes.com/personal-finance/loan-centre/personal-loans/analysis/aim-for-a-higher-credit-score-for-easier-loan-approvals/articleshow/11665601.cms?curpg=1 Wed, 01 Feb 2012 05:Feb:st 5FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fpersonal-finance%2Floan-centre%2Fpersonal-loans%2Fanalysis%2Faim-for-a-higher-credit-score-for-easier-loan-approvals%2Farticleshow%2F11665601.cms%3Fcurpg%3D1 Leading independent global property consultants - Knight Frank India Pvt. Ltd. announced the launch of their database product "eyestate" that is jointly developed by Knight Frank Research and Indicus Analytics, India's leading economics research firm. http://www.moneycontrol.com/news/real-estate/around-44-housing-units-under-rs-35mn-unsoldindia_656127.html Tue, 31 Jan 2012 10:Jan:st 10JanIST http%3A%2F%2Fwww.moneycontrol.com%2Fnews%2Freal-estate%2Faround-44-housing-units-under-rs-35mn-unsoldindia_656127.html Land is the single most important ingredient for any development anywhere in the world. Unfortunately in India, land management system is in the state of gross mismanagement. Countries extensive agricultural land management system has collapsed. In India, we have 264 million hectares of land is fit for vegetation. Out of this, 142 million hectares is cultivated and managed by private land owners. http://www.accommodationtimes.com/real-estate-news/land-management-in-india/ Tue, 31 Jan 2012 10:Jan:st 10JanIST http%3A%2F%2Fwww.accommodationtimes.com%2Freal-estate-news%2Fland-management-in-india%2F The real estate sector is booming for the last one year. Belying apprehensions that the economic slowdown will impact the realty sector in the short to medium term, the residential sector is performing well in all the micromarkets of the national capital region (NCR) of Delhi, so far. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/economic-slowdown-to-help-homebuyers-drive-a-good-bargain/articleshow/11576743.cms Mon, 30 Jan 2012 04:Jan:th 4JanIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Feconomic-slowdown-to-help-homebuyers-drive-a-good-bargain%2Farticleshow%2F11576743.cms Move over integrated townships , here come futuristic cities! After all,when almost everything on earth can be made futuristic ,including gadgets,technology , design concepts and cars, then why should cities or townships lag behind? http://economictimes.indiatimes.com/markets/real-estate/realty-trends/is-futuristic-townships-really-different-from-integrated-townships/articleshow/11648943.cms Mon, 30 Jan 2012 04:Jan:th 4JanIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fis-futuristic-townships-really-different-from-integrated-townships%2Farticleshow%2F11648943.cms In order to unify and standardise the method of measurement of plinth, carpet and rentable areas of buildings, the Method of Measurement of Works of Civil Engineering Sectional Committee, CED44 of Bureau of Indian Standards has brought out the Indian Standards, namely IS3861:1975 Method of Measurement of Plinth Carpet and Rentable Areas of Buildings (first revision). http://www.accommodationtimes.com/real-estate-news/current-affairs/check-your-carpet-area-with-new-standards-for-building-measurements/ Sat, 28 Jan 2012 05:Jan:th 5JanIST http%3A%2F%2Fwww.accommodationtimes.com%2Freal-estate-news%2Fcurrent-affairs%2Fcheck-your-carpet-area-with-new-standards-for-building-measurements%2F Wood has been used for centuries as a common material in construction of buildings and other structures. Similarly Bamboo has a long and well established tradition for being used as a construction material throughout the tropical and sub-tropical regions of the world. http://www.accommodationtimes.com/real-estate-news/features/use-of-bamboo-in-housing-and-building-construction-2/ Sat, 28 Jan 2012 04:Jan:th 4JanIST http%3A%2F%2Fwww.accommodationtimes.com%2Freal-estate-news%2Ffeatures%2Fuse-of-bamboo-in-housing-and-building-construction-2%2F Realtors gladly have welcomed the Reserve Bank of India�s decision to deduction in Cash Reserve Ratio (CRR) will help to get better the liquidity position of all sectors including realty sector, as well as cited that interest rates should be reduced to shoot up the housing demand. http://www.accommodationtimes.com/real-estate-news/crr-cut-will-help-to-improve-liquidity-position-of-realty-sector-realtors/ Fri, 27 Jan 2012 04:Jan:th 4JanIST http%3A%2F%2Fwww.accommodationtimes.com%2Freal-estate-news%2Fcrr-cut-will-help-to-improve-liquidity-position-of-realty-sector-realtors%2F Investment in real estate has seen a change in investors' mindset. Apart from owning a house, people are increasingly looking to buy a second property to earn some investment income out of the property. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/not-only-one-real-estate-investors-look-to-own-second-home/articleshow/11644191.cms Fri, 27 Jan 2012 04:Jan:th 4JanIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fnot-only-one-real-estate-investors-look-to-own-second-home%2Farticleshow%2F11644191.cms Grasping the area concept Buyers of real estate should be very aware of what the builder or seller implies when he talks about area. What area is inclusive of and what it is not is the first clarification a buyer should seek. http://www.accommodationtimes.com/real-estate-news/current-affairs/super-built-up-concept/ Sat, 21 Jan 2012 04:Jan:st 4JanIST http%3A%2F%2Fwww.accommodationtimes.com%2Freal-estate-news%2Fcurrent-affairs%2Fsuper-built-up-concept%2F Chromepet, a region located in the southern part of Chennai, India. It lies on the Grand Southern Trunk Road, close to Tambaram and next to Pallavaram. The region is well connected by Road and Railways. Chrompet is also the home of the Madras Institute of Technology, the institute where Dr. A.P.J. Abdul Kalam, former president of India, Tamil writer Sujatha and many other technocrats studied. The Great Southern Trunk Road and Southern Railways provide access into the region. The locality as a division occupies great territorial lands in the south of the city. The rail and road links that come from the city proceed further south and into the region of Chengalpattu, a district of Tamil Nadu. The place is also known for providing numerous educational facilities. metroplots.com/news/ Sat, 07 Jan 2012 08:Jan:th 8JanIST metroplots.com%2Fnews%2F NEW DELHI: Twenty-nine properties were sealed or demolished in the capital by Municipal Corporation of Delhi during a drive against illegal constructions. http://economictimes.indiatimes.com/markets/real-estate/news-/29-properties-targeted-for-illegal-constructions/articleshow/11392626.cms Sat, 07 Jan 2012 05:Jan:th 5JanIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2F29-properties-targeted-for-illegal-constructions%2Farticleshow%2F11392626.cms The Company has developed premium residential and commercial properties in Mumbai, Pune, Delhi, Chennai. http://www.indiainfoline.com/Markets/News/Mahindra-Lifespaces-enters-Hyderabad/5325782924 Fri, 06 Jan 2012 05:Jan:th 5JanIST http%3A%2F%2Fwww.indiainfoline.com%2FMarkets%2FNews%2FMahindra-Lifespaces-enters-Hyderabad%2F5325782924 Most of us feel safe in our home, but dangers lurk in every corner. The electricity used to power household appliances can cause electrical shock or death. And if that isn't enough, you could fall, drown, or even experience a fire in your home. Fortunately, by being aware of household hazards and taking the precautions outlined in this article, you can guarantee that your "home, sweet home" is a "home, safe home. The following precautions are required to be taken in every house to ensure the safety of family members: metroplots.com/news/ Thu, 05 Jan 2012 10:Jan:th 10JanIST metroplots.com%2Fnews%2F NEW DELHI: Real estate developer BPTP is buying back Merrill Lynch's 49% stake in its Crest office building in Gurgaon for Rs 180 crore. The developer has its corporate office in the same building. http://economictimes.indiatimes.com/markets/real-estate/news-/bptp-buys-out-merrill-lynchs-49-stake-in-gurgaon-project-for-180-crore/articleshow/11371177.cms Thu, 05 Jan 2012 05:Jan:th 5JanIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fbptp-buys-out-merrill-lynchs-49-stake-in-gurgaon-project-for-180-crore%2Farticleshow%2F11371177.cms NEW DELHI: In some good news for people dreaming to own a house, the DDA today said it would make available one lakh flats for economically weaker sections and lower income groups in the next three years. http://economictimes.indiatimes.com/markets/real-estate/news-/dda-to-build-one-lakh-flats-for-weaker-sections-in-3-years/articleshow/11353715.cms Wed, 04 Jan 2012 04:Jan:th 4JanIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdda-to-build-one-lakh-flats-for-weaker-sections-in-3-years%2Farticleshow%2F11353715.cms The very idea of buying a dream home is being postponed or dropped by many buyers due to the problems faced by them in getting a home loan. Many of us are not aware of the tedious process of getting a home loan. Thus they are finding it to be a tough process. This article is to explain you the process of getting a home loan in simple terms. The first step towards getting a home loan starts with the filling of an application from. The application form asks for the basic details like your personal, income, employment, educational details along with the property details, estimated costs and various means of financing the property. metroplots.com/news/ Tue, 03 Jan 2012 12:Jan:rd 12JanIST metroplots.com%2Fnews%2F MUMBAI: The Maharashtra government's decision to increase ready reckoner rates - used as basis for calculation of stamp duty and registration of properties - by 10-30% in Mumbai is expected to keep sales volume in the city at low, experts said. http://economictimes.indiatimes.com/markets/real-estate/news-/high-ready-reckoner-to-keep-property-sales-low/articleshow/11344642.cms Tue, 03 Jan 2012 04:Jan:rd 4JanIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fhigh-ready-reckoner-to-keep-property-sales-low%2Farticleshow%2F11344642.cms Green buildings also called as eco-homes are more than a fashion statement. Many architects, builders and clients agree that smart, sustainable buildings are becoming a necessity. Moreover due to the drop in the costs for sustainable materials and products, building green is really the most cost-effective kind of design and construction. metroplots.com/news/ Mon, 02 Jan 2012 13:Jan:nd 13JanIST metroplots.com%2Fnews%2F SOLAPUR (MAHARASTRA): Maharashtra Chief Minister Prithviraj Chavan today thanked Prime Minister Manmohan Singh for his intervention in the Indu Mill land issue. http://economictimes.indiatimes.com/markets/real-estate/news-/indu-mill-land-issue-maharastra-government-hails-prime-minister-manmohan-singhs-efforts/articleshow/11328599.cms Mon, 02 Jan 2012 03:Jan:nd 3JanIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Findu-mill-land-issue-maharastra-government-hails-prime-minister-manmohan-singhs-efforts%2Farticleshow%2F11328599.cms Although leather was traditionally used for clothing and furniture, many homes now use leather as specially crafted floor tiles. Leather tiles can add a specific warmth and beauty not achieved with conventional materials. metroplots.com/news/ Fri, 30 Dec 2011 12:Dec:th 12DecIST metroplots.com%2Fnews%2F NEW DELHI: Investors who spoiled the real estate market for the buyer by blindly buying new homes are now spoiling the builder's prospects by selling apartments at values lower than what the builder is selling them for. If you are a buyer, look out for the investor, who is desperate to get out of a sluggish market. Manisha had been looking for an apartment in Noida for almost a year and was worried about the pace at which developers were raising property prices. She had also read about the stress real estate developers have been under for the last few quarters. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/jittery-investors-selling-flats-below-market-rate/articleshow/11275674.cms Fri, 30 Dec 2011 05:Dec:th 5DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fjittery-investors-selling-flats-below-market-rate%2Farticleshow%2F11275674.cms NEW DELHI: Real estate developers DLF Ltd and Hubtown Ltd have sold an IT SEZ that they co-own in Pune to private equity fund Blackstone for Rs 810 crore. http://economictimes.indiatimes.com/markets/real-estate/news-/dlf-and-hubtown-sell-pune-sez-to-blackstone-for-rs-810-crore/articleshow/11283453.cms Thu, 29 Dec 2011 04:Dec:th 4DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdlf-and-hubtown-sell-pune-sez-to-blackstone-for-rs-810-crore%2Farticleshow%2F11283453.cms A multi utility airy space with a roof on the top, where one can experience cool breeze in the evening is one of those subtle threshold spaces that are disappearing from our cities; the thinnai. Neither closed nor exposed, it is a wonderful space that allows you to revel in the outdoors without doing away with the comfort of the indoors. metroplots.com/news/ Wed, 28 Dec 2011 12:Dec:th 12DecIST metroplots.com%2Fnews%2F Puravankara Projects will sell three commercial properties in Bangalore and Chennai for Rs 250 crore to partly pay off its mounting debt. http://economictimes.indiatimes.com/markets/real-estate/news-/puravankara-projects-to-sell-3-properties-for-rs-250-crore-to-pay-off-debt/articleshow/11264982.cms Wed, 28 Dec 2011 06:Dec:th 6DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fpuravankara-projects-to-sell-3-properties-for-rs-250-crore-to-pay-off-debt%2Farticleshow%2F11264982.cms Vaastu is an ancient Hindu Science, over 6000 years old, which creates harmony in a place when the orientation and placements are perfect. The article brings some very important guidelines to be kept in mind while planning the architecture of a flat. Go through them and know the right Vasthu for flats, to make your life happy and prosperous. metroplots.com/news/ Tue, 27 Dec 2011 11:Dec:th 11DecIST metroplots.com%2Fnews%2F Imost is common builders knowledge blatantly that engage in various malpractices-be it delay in construction, use of substandard materials, deviation from sanctioned plans, failure to obtain the occupation certificate, avoiding the formation of a co-operative society, illegal sale of parking and other open areas, misappropriation of advance monies taken for maintenance etc. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/real-estate-bill-is-against-consumer-interest/articleshow/11251948.cms Tue, 27 Dec 2011 04:Dec:th 4DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Freal-estate-bill-is-against-consumer-interest%2Farticleshow%2F11251948.cms Buying a home is going to be the biggest investment that you will make in your life. No wonder this process is financially and emotionally draining. The home buying process may be made easier and less stressful with a few tips from the first time buyer. metroplots.com/news/ Mon, 26 Dec 2011 12:Dec:th 12DecIST metroplots.com%2Fnews%2F With a handful of builders like Ireo, Raheja and Supertech proposing high-end skyscrapers, the trend of vertical development now seems to be catching up in Delhi NCR. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/how-safe-it-is-to-live-in-skyscrapers-in-delhi-ncr/articleshow/11231838.cms Mon, 26 Dec 2011 05:Dec:th 5DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fhow-safe-it-is-to-live-in-skyscrapers-in-delhi-ncr%2Farticleshow%2F11231838.cms Tambaram is an important division in the south west of Chennai city. The Great Southern Trunk Road and Southern Railways provide access into the region. A number of small townships have been developed along these road and rail links. Tambaram as a division occupies great territorial lands in the south of the city. The place is also known for providing numerous educational facilities. metroplots.com/news/ Sat, 24 Dec 2011 07:Dec:th 7DecIST metroplots.com%2Fnews%2F As real estate reaches a new height in India, there are emerging trends in the realty sector to attract investors and create a more competitive market. But it has of course become a blessing in disguise for the investors, who are the beneficiaries as the developers and others in the business compete for a share of the realty pie. metroplots.com/news/ Thu, 22 Dec 2011 18:Dec:nd 18DecIST metroplots.com%2Fnews%2F Many homeowners prefer to have porcelain floor tiles for their homes. These durable tiles are available in a large range if designs. Porcelain tiles are a better version of ceramic tiles with properties better than the latter. Porcelain tiles are prepared by firing clay with crushed stones to get long lasting heavy duty tiles. Despite all their positive characteristics, there are certain problems associated with using such tiles. metroplots.com/news/ Wed, 21 Dec 2011 18:Dec:st 18DecIST metroplots.com%2Fnews%2F Private equity (PE) funds are expected to exit between $3 billion and $5 billion worth of Indian real estate investments in 2012, international brokerage Jones Lang LaSalle said on Tuesday. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/india-realty-likely-to-see-up-to-5-billion-pe-exits-in-2012/articleshow/11183025.cms Wed, 21 Dec 2011 10:Dec:st 10DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Findia-realty-likely-to-see-up-to-5-billion-pe-exits-in-2012%2Farticleshow%2F11183025.cms The recent increase in home loans has made the task of purchasing a home difficult as the eligibility for home loan is getting affected. The home Loan eligibility is inversely related to rates. As interest rates rise, loan eligibility becomes stiffer. In such a scenario, some home loan borrowers might have to re-evaluate their options (in terms of loan amount) on account of the new eligibility criteria. Here are a few ways by which you can increase your home loan eligibility. metroplots.com/news/ Tue, 20 Dec 2011 18:Dec:th 18DecIST metroplots.com%2Fnews%2F Rising global economic uncertainties have left real estate investors a worried lot. Most of them are leaving no stone unturned to find reliable answers to questions like `` is it the good time to sell? `` Should the decision to invest in property be postponed?'' http://economictimes.indiatimes.com/markets/real-estate/realty-trends/know-the-right-time-to-invest-in-realty-market/articleshow/11145506.cms Tue, 20 Dec 2011 10:Dec:th 10DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fknow-the-right-time-to-invest-in-realty-market%2Farticleshow%2F11145506.cms All of us get lively and get into that spirit of Christmas if we decorate our homes during Christmas. Christmas is a year-end extravaganza where one would decorate homes with Christmas trees and lights. D�©cors ranging from stars, hanging ornaments, delicate sleighs, elegant candle stands and perfumed candles to tree lights and star garlands in myriad hues can bring in a new colour to your home. Here are a few tips in decorating your home for Christmas: metroplots.com/news/ Mon, 19 Dec 2011 16:Dec:th 16DecIST metroplots.com%2Fnews%2F The Confederation of Real Estate Developers Associations of India (Credai) has once again brought to the centre-stage the issue of transparency by pushing it as a panacea for the negative perception about developers among policy-makers and the public. It is another matter the government has not caught this self-regulation bait and has made up its mind to bring a regulator. http://economictimes.indiatimes.com/markets/real-estate/news-/realty-industry-needs-regulator-to-promote-ethical-business/articleshow/11153416.cms Mon, 19 Dec 2011 09:Dec:th 9DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Frealty-industry-needs-regulator-to-promote-ethical-business%2Farticleshow%2F11153416.cms Meenambakkam, considered a s the gateway to the south is located in the southern outskirts of the Chennai city. The region is comparatively at a higher altitude and receives maximum rainfall. The area towards the north is irregular and hilly. metroplots.com/news/ Sat, 17 Dec 2011 18:Dec:th 18DecIST metroplots.com%2Fnews%2F Developers are increasingly luring homebuyers with what they call 'assured returns'. The reasons are simple. With the Reserve Bank placing severe restrictions on lending to developers, the latter are tapping into homebuyers' credit lines to boost their liquidity position. In some cases, the schemes are an effort to draw buyers in a market that's slowing down. And it works out cheaper for developers. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/how-developers-lure-buyers-with-assured-returns/articleshow/11140920.cms Sat, 17 Dec 2011 17:Dec:th 17DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fhow-developers-lure-buyers-with-assured-returns%2Farticleshow%2F11140920.cms As the economy shows signs of decreasing GDP growth rate, the Indian real estate industry faces its own share of concerns. Real estate developers are reeling under high debt and FDI inflows have also slowed down. The recent increase in home loan interest rates is expected to dampen the sales even further. Amidst these macroeconomic conditions, Indian real estate asset classes across the prime cities of India have seen mixed sentiments. http://articles.economictimes.indiatimes.com/2011-12-14/news/30516167_1_retail-real-estate-office-space-retail-space Fri, 16 Dec 2011 09:Dec:th 9DecIST http%3A%2F%2Farticles.economictimes.indiatimes.com%2F2011-12-14%2Fnews%2F30516167_1_retail-real-estate-office-space-retail-space A welcome mat at the front or back door can lend a cheery greeting to visitors or remind residents of how glad they are to be home. Many people enjoy personalizing their entry and exit ways with meaningful messages inscribed on welcome mats. Others prefer visually decorative welcome mats with interesting patterns or complementary colour schemes to existing decor. It makes a simple, cheerful alternative to more expensive surfaces. Some types can be laid wall to wall, most can be used like rugs to cover existing floors. Because it is comparatively cheap, matting is a good solution for floors in a temporary accommodation. metroplots.com/news/ Thu, 15 Dec 2011 18:Dec:th 18DecIST metroplots.com%2Fnews%2F When you choose wood crafts for your home decor you will be choosing one of the best looks available. Real wood is a very sturdy and lasting material that will be a part of your family for generations if you choose so. Many from which to choose are available to enhance and beautify your home. metroplots.com/news/ Tue, 13 Dec 2011 16:Dec:th 16DecIST metroplots.com%2Fnews%2F With the turmoil in the global economy, real estate sector is bound to be affected in the short to medium term. But this will offer good opportunities to those who are flush with cash to invest in the sector, for taking advantage of the sharp upward movement that may follow as soon as the uncertainties in the economy are over, feel experts. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/how-investing-in-real-estate-downturn-can-reap-benefits/articleshow/11056699.cms Tue, 13 Dec 2011 09:Dec:th 9DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fhow-investing-in-real-estate-downturn-can-reap-benefits%2Farticleshow%2F11056699.cms Vadapalani, meaning â��Northern Palaniâ��, is one of the main hubs of Chennai city. The locality is housed in the western precincts of the city. For reference, the adjoining areas Vadapalani include Mambalam, K.K.Nagar and Nungambakkam. The place is connected by roads and railways to other regions of the city. The famous Murugan temple and its proximity to T. Nagar and Kodambakkam have made the region a perfect residential hub. It is well connected to all suburbs in Chennai and outlying areas have it own bus terminus. metroplots.com/news/ Sat, 10 Dec 2011 13:Dec:th 13DecIST metroplots.com%2Fnews%2F Business environment in the Indian real estate industry may not be very bright right now, but it still remains promising for global construction and structural consultancy firms such as Samsung C&T Corp, Leighton Holdings, Arabian Construction Company and Arabtec Construction. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/indian-realty-market-a-good-bet-for-foreign-cos-samsung-ct-corp-leighton-holdings-and-others/articleshow/11053529.cms Sat, 10 Dec 2011 11:Dec:th 11DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Findian-realty-market-a-good-bet-for-foreign-cos-samsung-ct-corp-leighton-holdings-and-others%2Farticleshow%2F11053529.cms Linoleum is great flooring surface with lots of benefits you probably never even new about. Linoleum tiles or linoleum flooring is available in many prints and styles to add fashion to any house. Interestingly, linoleum was first used in flooring more than 150 years ago. Even so, it was not until the mid-1950s when it became a popular choice for homes and businesses. Today, vinyl has captured the attention of more people than linoleum has but we are beginning to see a newfound interest in this old flooring solution. For one thing, linoleum is very affordable, which is always something positive. metroplots.com/news/ Fri, 09 Dec 2011 13:Dec:th 13DecIST metroplots.com%2Fnews%2F Real Estate is not a 'get-rich-quick' investment route. It pays off only when one invests in a property for at least 3-4 years. Even with a long-term investment horizon, one needs to have a clear exit strategy in mind before buying real estate as an investment. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/study-real-estate-market-cycle-to-make-profitable-entry-exit/articleshow/11038938.cms Fri, 09 Dec 2011 10:Dec:th 10DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fstudy-real-estate-market-cycle-to-make-profitable-entry-exit%2Farticleshow%2F11038938.cms Vadodara has emerged as the second safest city in the country after Chandigarh and first in Gujarat in an online survey of 37 cities conducted by a global market research firm. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/vadodara-second-safest-city-in-india-after-chandigarh-survey/articleshow/11008118.cms Thu, 08 Dec 2011 09:Dec:th 9DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fvadodara-second-safest-city-in-india-after-chandigarh-survey%2Farticleshow%2F11008118.cms The direction in which Interior Design is moving at this moment is dictated by certain general societal trends. Firstly the enormous growth of population in cities is resulting in reduction in per capita space and exorbitant floor space prices. As we need to fit more and more people into less space and achieve comfort, we are into a situation where Interior Design cannot be avoided. metroplots.com/news/ Wed, 07 Dec 2011 18:Dec:th 18DecIST metroplots.com%2Fnews%2F NEW DELHI: Staff at the project site of the City Centre project in Noida was taken aback when the developer Logix group decided to use prefabricated steel instead of reinforced concrete cement (RCC) for the structure. Moreover, a part of the structure was already built using RCC yet the developer went ahead with the change as using only steel would help them finish the project much ahead of time, reducing cost of capital for the company by 15%. http://economictimes.indiatimes.com/markets/real-estate/news-/developers-logix-group-hiranandani-group-supertech-and-others-look-for-ways-to-reduce-costs-and-meet-deadline/articleshow/11014279.cms Wed, 07 Dec 2011 11:Dec:th 11DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdevelopers-logix-group-hiranandani-group-supertech-and-others-look-for-ways-to-reduce-costs-and-meet-deadline%2Farticleshow%2F11014279.cms For many of the borrowers, a home from their earnings till now remained a distant dream as land prices skyrocketed in the last few years and the house loans increased sharply in the meantime. This forced a majority of the Chennaities to stay at hired apartments, mostly on congested premises, paying exorbitant rents. metroplots.com/news/ Tue, 06 Dec 2011 18:Dec:th 18DecIST metroplots.com%2Fnews%2F For many, buying a residential property is the biggest investment they make in their lifetime. Last week, the government released for public comments a draft Real Estate Regulation Bill, which is said to be on its way to becoming a law in the winter session of Parliament. As such, this is a step towards bringing some semblance of consumer protection to the decidedly anti-consumer practices of the real-estate industry. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/realty-bill-may-open-new-doors-to-transparent-secure-home-buying/articleshow/10986376.cms Tue, 06 Dec 2011 09:Dec:th 9DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Frealty-bill-may-open-new-doors-to-transparent-secure-home-buying%2Farticleshow%2F10986376.cms When Rita Dey and her husband started window shopping for a house in Mumbai, they were in two minds. Should they buy in the far-flung, but affordable, Thane suburb, where lots of new projects were coming up? Or should they opt for an apartment in an expensive project in the city? Ultimately, the couple junked both the options and settled for a flat in an existing residential society at Vashi. It wasn't too far and the Rs 45 lakh price fitted into their budget. "It was a resale property, so there was no premium tag," says Dey. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/is-it-worth-buying-an-old-house/articleshow/10967799.cms Mon, 05 Dec 2011 10:Dec:th 10DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fis-it-worth-buying-an-old-house%2Farticleshow%2F10967799.cms Egmore is one of the base stations in the city of Chennai. The Egmore region is located close to the city center George Town, less than kilometres from it. The suburbs constitute one of the popular commercial centres rooted in the city. The Chennai Egmore Railway Station, together with Chennai Central Railway Station is two main entry points in the regions and the epicentres of the vast railway network that connects the city. The regions lying adjacent to the Egmore locality include Nungambakam, George Town and Triplicane. metroplots.com/news/ Sat, 03 Dec 2011 12:Dec:rd 12DecIST metroplots.com%2Fnews%2F AKumar , a senior journalist, was one of the moving forces in building a cooperative group-housing society in IP Extension , in East Delhi. Now, he is planning to shift to some quieter place, as the incessant traffic outside the society has made his life miserable. http://economictimes.indiatimes.com/markets/real-estate/news-/noise-pollution-hits-realty-market/articleshow/10967599.cms Sat, 03 Dec 2011 12:Dec:rd 12DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fnoise-pollution-hits-realty-market%2Farticleshow%2F10967599.cms He's got a lot to talk about this little town, and is happy his firm had launched a project in this tier-III town four years back. At a time when builders in metros and tier-I cities are staring at falling sales and rising supply, tier-II and tier-III cities are doing quite well - both in terms of demand and prices. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/realty-gains-ground-beyond-metros-as-demand-in-tier-ii-iii-cities-holds-up/articleshow/10952477.cms Fri, 02 Dec 2011 17:Dec:nd 17DecIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Frealty-gains-ground-beyond-metros-as-demand-in-tier-ii-iii-cities-holds-up%2Farticleshow%2F10952477.cms Personal loans are the easiest and the fastest mode to get loans. In this day and age of internet everything you need is just a click away. And so are loans. It makes us want things NOW rather than wait for months or even years to save enough money to buy things we want. They are, however, costlier than other loans, such as home loans, loans against property, or loans against shares. metroplots.com/news/ Thu, 01 Dec 2011 17:Dec:st 17DecIST metroplots.com%2Fnews%2F One year later, the same below-the-poverty line farmer bought land worth 3.36 crore rupees in another district, Janjgir Champa. metroplots.com/news/ Thu, 01 Dec 2011 10:Dec:st 10DecIST metroplots.com%2Fnews%2F angalore's worldwide rank is very low at 141st position in a list of 221 cities globally in terms of standard of living, compiled by the 'Quality of Living Survey http://economictimes.indiatimes.com/markets/real-estate/realty-trends/bangalore-best-indian-city-to-live-in-global-survey/articleshow/10918193.cms Wed, 30 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fbangalore-best-indian-city-to-live-in-global-survey%2Farticleshow%2F10918193.cms If you are keen on designing the interiors, here are a few tips on the bare essentials for a first time home to make it look warm and inviting. http://metroplots.com/news Tue, 29 Nov 2011 18:Nov:th 18NovIST http%3A%2F%2Fmetroplots.com%2Fnews It was like an alarm clock for the Indian society since 2001 the Gujarat Earthquake. Some of those alarms woke up the people but some of them were ignored as many of us at that time felt that it will not happen again. But now, the mild earthquakes in various parts of the country have made us to take the alarms serious. As a Is there a cost effective method to keep buildings upright and intact during earthquakes like that shook Japan in March 2011? - Is the question inside each individual. metroplots.com/news/ Mon, 28 Nov 2011 18:Nov:th 18NovIST metroplots.com%2Fnews%2F Atlanta, through its special-purpose vehicle, Atlanta Tourism Ventures, has signed a memorandum of understanding to set up an eco-friendly entertainment city at Suvali in Surat. http://economictimes.indiatimes.com/markets/real-estate/news-/atlanta-to-develop-rs-9500-crore-theme-park-in-surat/articleshow/10890780.cms Mon, 28 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fatlanta-to-develop-rs-9500-crore-theme-park-in-surat%2Farticleshow%2F10890780.cms Royapetah is a suburb located in the heart of the city of Chennai. The locality is one of the developed commercial centres lying adjacent to the Chennai city center. The region houses various significant places like the Goudiya Math, which is an imposing temple structure, the famous Parthasarathy Temple that attracts most of the tourists and the Aamir Mahal of Nawab Arcot. metroplots.com/news/ Sat, 26 Nov 2011 12:Nov:th 12NovIST metroplots.com%2Fnews%2F Ajay Piramal Group, Peninsula Land, Oberoi Realty, Shobhit Rajan of Gammon India, businessman and actress Shilpa Shetty's husband Raj Kundra have sent their bids, while a joint bid from Bhushan Steel and Ashriya International has also been received for the property. http://economictimes.indiatimes.com/markets/real-estate/news-/r-adag-7-others-bid-for-huls-worli-property-may-fetch-rs-500-cr/articleshow/10875062.cms Sat, 26 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fr-adag-7-others-bid-for-huls-worli-property-may-fetch-rs-500-cr%2Farticleshow%2F10875062.cms In the course of time namdas and chain-stitch rugs have achieved the status of a full-fledged craft form. These rugs have become so popular, that they are also being used as decorative pieces and wall hangings, they are also popular abroad. http://metroplots.com/news Fri, 25 Nov 2011 17:Nov:th 17NovIST http%3A%2F%2Fmetroplots.com%2Fnews http://economictimes.indiatimes.com/markets/real-estate/news-/penthouse-in-ncr-sold-for-2-25-crore/articleshow/10863359.cms http://economictimes.indiatimes.com/markets/real-estate/news-/penthouse-in-ncr-sold-for-2-25-crore/articleshow/10863359.cms Fri, 25 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fpenthouse-in-ncr-sold-for-2-25-crore%2Farticleshow%2F10863359.cms The entrance door of your bedroom is considered a symbol of the possibilities your life has to offer. It should open at least 90 degrees to fully allow positive opportunities to flow to you. A door that cannot open fully will limit this. metroplots.com/news/ Thu, 24 Nov 2011 17:Nov:th 17NovIST metroplots.com%2Fnews%2F The reclusive patriarch of the group, Pallonji Mistry, is among the 10 richest people of Indian origin with a current net worth of $7.6 billion. A large part of the 82-yearold Mistry's wealth comes from an 18.4% shareholding in Tata Sons, the holding company for the Tata group. The family became the largest shareholders in Tata Sons after Pallonji Mistry's father-the senior Shapoorji Pallonji acquired a 12.5% stake in Tata Sons which was earlier held by solicitor Framroze Edulji Dinshaw. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/shapoorji-pallonji-group-the-mughal-e-azam-of-realty-business/articleshow/10850325.cms Thu, 24 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fshapoorji-pallonji-group-the-mughal-e-azam-of-realty-business%2Farticleshow%2F10850325.cms Many people are looking for different ways to redecorate and redesign their homes. Instead of painting your home with the same old boring shade of off-white or beige, consider going slightly bolder. Paint your home in bright colours that will look both sophisticated and chic. But don't worry; there are a few tricks to prevent the colour for being too much for your eyes. Go for some citrus hues to bring some freshness indoors, with some juicy, bright orange and lime hues with dashes of yellows and some dots of reds and blacks thrown in. metroplots.com/news/ Wed, 23 Nov 2011 15:Nov:rd 15NovIST metroplots.com%2Fnews%2F Secured with proper audit trail and cross verification system, the e-registration fees project will help the Delhi Government to further its attempts to bring in more transparency in public dealing and to reduce delays through use of technology . http://economictimes.indiatimes.com/markets/real-estate/news-/now-register-your-property-online/articleshow/10827637.cms Wed, 23 Nov 2011 09:Nov:rd 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fnow-register-your-property-online%2Farticleshow%2F10827637.cms We live in an expensive world where the price of every single commodity is raising sky high. You have to plan and budget your finances in order to survive in this harsh environment. But that should not stop you from dreaming big and desiring to acquire possession of a real big car or your own dream house. It�s true that home can be the most expensive thing you can ever buy. So what can be done in a situation like this? Don't be so disgruntled and dismayed! Haven't you heard of mortgage loans, where you can acquire mortgages from various financial companies against your house? metroplots.com/news/ Tue, 22 Nov 2011 13:Nov:nd 13NovIST metroplots.com%2Fnews%2F It was a nightmare for him, as well his family, to settle into such a small flat, in comparison to his government accommodation. The early days in the new home were a real challenge for the Chopra clan. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/how-to-adjust-in-cost-effective-small-flats/articleshow/10790410.cms Tue, 22 Nov 2011 09:Nov:nd 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fhow-to-adjust-in-cost-effective-small-flats%2Farticleshow%2F10790410.cms India is famous for numerous hand knotted woolen carpet producing centers but the traditional hand knotted silk carpets are known only in Kashmir and the designs can never be compared with any other place. Hand knotted pure silk http://metroplots.com/news Mon, 21 Nov 2011 18:Nov:st 18NovIST http%3A%2F%2Fmetroplots.com%2Fnews The residential real estate sector is set to decelerate, according to a report by Nirmal Bang Institutional Equities. One of the main reasons is that the inventory level is expected to go up over the next one year because of declining sales amid increased launches of new projects. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/will-property-prices-come-down-now/articleshow/10792400.cms Mon, 21 Nov 2011 09:Nov:st 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fwill-property-prices-come-down-now%2Farticleshow%2F10792400.cms Adyar is a prime locality in the southern part of Chennai. The area is situated along the banks of the river Adyar, which is supposed to be an important center in Chennai. The region of Adyar is distinguished by a commercial hub, river, forests and several attractions. metroplots.com/news/ Sat, 19 Nov 2011 11:Nov:th 11NovIST metroplots.com%2Fnews%2F From an investment point of view, buying a house is often likened to buying gold and putting it in the bank. That is true to some extent. Investments in real estate, historically, have given very good returns, if held for a long period. In other words, buying property today does make a certain amount of financial sense. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/4-factors-you-must-consider-before-buying-a-residential-property/articleshow/10775144.cms Sat, 19 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2F4-factors-you-must-consider-before-buying-a-residential-property%2Farticleshow%2F10775144.cms Vinyl flooring is gradually becoming attractive among other flooring products and is emerging as a trendy choice for floors because of its affordability, aesthetic look and easy to use qualities. metroplots.com/news/ Fri, 18 Nov 2011 15:Nov:th 15NovIST metroplots.com%2Fnews%2F Your living room is the only space that is used frequently having high traffic in a day. Choose warm colors for painting your living room like reds, oranges, yellows and browns http://metroplots.com/news Fri, 18 Nov 2011 12:Nov:th 12NovIST http%3A%2F%2Fmetroplots.com%2Fnews CHENNAI: A fully furnished beach villa (independent house), spread over 4,500 square feet, on East Coast Road was leased for Rs 1.1 lakh per month. The location has been witnessing a lot of interest from buyers as well as those seeking rental accommodation, as it is strategically located by the sea on the road connecting to major upcoming office locations http://economictimes.indiatimes.com/markets/real-estate/news-/mumbai-apartment-sold-for-rs-53-crore/articleshow/10775166.cms Fri, 18 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fmumbai-apartment-sold-for-rs-53-crore%2Farticleshow%2F10775166.cms You must be aware of the risks that can turn your property buying dream into a nightmare. Buying a property that is not quite what it seems to be. Once an informal agreement is reached, buyer and seller enter into a formal written contract for the sale, the purchase agreement. The buyer then obtains a commitment for financing. Finally, the property is transferred from the seller to the buyer, and the seller receives the purchase price bargained for in the contract. This seems simple, but without a lawyer, the consequences may be more disastrous. metroplots.com/news/ Thu, 17 Nov 2011 16:Nov:th 16NovIST metroplots.com%2Fnews%2F Rising economic uncertainty around the globe is forcing international financial companies to put their India expansion on hold, hitting realtors in Mumbai. At the end of the September quarter, total commercial space stock in Mumbai rose 14% from a year ago to 81.6 million sq ft. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/falling-demand-softens-commercial-property-in-mumbai/articleshow/10761587.cms Thu, 17 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Ffalling-demand-softens-commercial-property-in-mumbai%2Farticleshow%2F10761587.cms Kitchen should always be on the South East corner of the house or at least to the North West corner of the house. Avoid placing the kitchen at the North East corner of the house which may lead to lots of unrest, quarrels and misunderstanding between the members of the house, unnecessary expenditure, worries and tension. It is also better to avoid kitchen at Southwest side. Otherwise, it is also likely to cause many difficulties and worries to the owner. metroplots.com/news/ Wed, 16 Nov 2011 16:Nov:th 16NovIST metroplots.com%2Fnews%2F Unitech said its debt has reduced by Rs 394.69 crore in the first half of the current financial year. The company had a consolidated net debt of Rs 5,144 crore as of September 30. http://economictimes.indiatimes.com/markets/real-estate/news-/unitech-sells-properties-worth-rs-2088-cr-in-april-september/articleshow/10741651.cms Wed, 16 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Funitech-sells-properties-worth-rs-2088-cr-in-april-september%2Farticleshow%2F10741651.cms The increase in the interest rate is expected to leave an impact on the demand for housing. The property investors may put on hold their plans to invest in real estate. Some of leading banks have now started to raise rates particularly for their existing customers. Most of the predominant banks have hiked prime lending rates and their floating rates either by 0.15 basis points or by 0.25 basis points. For the existing customers and the new buyers this hike will impact in the long term. On an average, Banks in 2010 were offering home loans at around 9% which has increased to 10.5%. The hike may sound small but as those who have taken a home loan knows that the total interest goes up by 13% depending on the period of the loan. metroplots.com/news/ Tue, 15 Nov 2011 15:Nov:th 15NovIST metroplots.com%2Fnews%2F Godrej group sees better demand ahead in residential projects and is not cutting property prices, while it faces a slowdown in demand in its consumer durables business, Chairman Adi Godrej said on Monday. http://economictimes.indiatimes.com/markets/real-estate/news-/godrej-group-not-cutting-property-prices-chairman-adi-godrej/articleshow/10724266.cms Tue, 15 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fgodrej-group-not-cutting-property-prices-chairman-adi-godrej%2Farticleshow%2F10724266.cms Do you want to explore your dancing skills? Why don����¯�¿�½������¢������¯������¿������½������¯������¿������½t you design a studio at your own home and practice with your kids what you learned in classes. http://metroplots.com/news Mon, 14 Nov 2011 18:Nov:th 18NovIST http%3A%2F%2Fmetroplots.com%2Fnews A kid's room is his own little territory where he spends his most of the time playing with his friends and toys, doing his school work and other playful activities. A dull toned room will probably look a little out of place. Brightening your kid�¢ï¿½ï¿½s room is one of the basic duties that should be done as soon as you step into your new home. metroplots.com/news/ Mon, 14 Nov 2011 17:Nov:th 17NovIST metroplots.com%2Fnews%2F Lavasa, a $31 billion township in India's western hills, was ordered to stop construction 12 months ago due to government wrangling over green laws. The delay cost Hindustan Construction $400,000 a day and forced the firm to abandon plans for an initial public offering for the project. http://economictimes.indiatimes.com/markets/real-estate/news-/hcc-to-revamp-lavasa-finances-decide-on-ipo/articleshow/10717223.cms Mon, 14 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fhcc-to-revamp-lavasa-finances-decide-on-ipo%2Farticleshow%2F10717223.cms Velachery lies in the southern outskirts of the Chennai city. The place is about 13 kms far from Chennai central that is taken to be the George Town suburb. Velachery is essentially a residential place and with the increasing commercial and industrial activities. The place is being considered as ideal place residential place for the professionals employed at the developing down town. metroplots.com/news/ Sat, 12 Nov 2011 13:Nov:th 13NovIST metroplots.com%2Fnews%2F The draft has also recommended that builders set up a separate escrow account to compulsorily deposit 70% of the funds received from buyers and to ensure that these funds are used for that real estate project only. An earlier draft had proposed that the developers would submit bank guarantees. http://economictimes.indiatimes.com/markets/real-estate/policy-/-draft-real-estate-regulation-bill-to-bring-in-transparency-in-land-selling/articleshow/10700405.cms Sat, 12 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fpolicy-%2F-draft-real-estate-regulation-bill-to-bring-in-transparency-in-land-selling%2Farticleshow%2F10700405.cms The Khivraj Group is a popular business group with more than 5 decades of successful business history with varied interests ranging from Real Estate, Automobile retail to Wind Power Generation. http://metroplots.com/news Fri, 11 Nov 2011 19:Nov:th 19NovIST http%3A%2F%2Fmetroplots.com%2Fnews Cork is a natural product widely used to preserve the quality of wine in bottles. These eco-friendly products can also be used in an innovative way. Cork due to its durability can be used for flooring to get a natural look to the house and is also scratch-resistant. metroplots.com/news/ Fri, 11 Nov 2011 15:Nov:th 15NovIST metroplots.com%2Fnews%2F The subsequent sale deed is based on the agreement to sell. It is signed and executed by the seller and the buyer on a non-judicial stamp paper. As such, it has legal value and can be produced as evidence. http://economictimes.indiatimes.com/markets/real-estate/news-/the-agreement-to-sell-a-must-have-document/articleshow/10687307.cms Fri, 11 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fthe-agreement-to-sell-a-must-have-document%2Farticleshow%2F10687307.cms It is a healthy hobby, not only to keep one engaged for a couple of hours in a week but it gives the pleasure of being in the midst of a growing garden. It gives an opportunity particularly for housewives to take a breath from the routine of running the affairs of house and smiling with flowers and fruits of their own creation. metroplots.com/news/ Thu, 10 Nov 2011 18:Nov:th 18NovIST metroplots.com%2Fnews%2F The Real Estate (Regulation and Development) Bill is under consideration of the government and is likely to be tabled in the upcoming winter session of parliament. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/real-estate-regulatory-bill-to-address-consumers-concern-kamal-nath/articleshow/10668519.cms Thu, 10 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Freal-estate-regulatory-bill-to-address-consumers-concern-kamal-nath%2Farticleshow%2F10668519.cms Buying a home is one of the most important financial planning decisions that you will make during your lifetime. Most Indians buy homes by taking a home loan from one of the lenders. However, this increases your risk profile as you now owe money to the lender and the fluctuating interest rates will make your task even tougher. In order to mitigate this risk, it is strongly advised to get a home loan protection plan. metroplots.com/news/ Wed, 09 Nov 2011 17:Nov:th 17NovIST metroplots.com%2Fnews%2F The government will make public the draft Real Estate Regulation and Development Bill, 2011 for comments from stakeholders this week and may subsequently introduce it in the forthcoming winter session of Parliament. http://economictimes.indiatimes.com/markets/real-estate/news-/draft-real-estate-regulation-bill-to-be-made-public-this-week/articleshow/10657074.cms Wed, 09 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdraft-real-estate-regulation-bill-to-be-made-public-this-week%2Farticleshow%2F10657074.cms Before setting a price for your land, research the proposed development projects in the area. Development plans in the immediate area may affect nearby properties. metroplots.com/news/ Tue, 08 Nov 2011 14:Nov:th 14NovIST metroplots.com%2Fnews%2F The industry body claims that cement manufacturers have increased the price of cement by Rs 100 per bag in the last three months and are also creating an artificial scarcity of cement in the market, leading to project delays. http://economictimes.indiatimes.com/news/news-by-industry/indl-goods-/-svs/cement/cement-prices-push-up-costs-for-real-estate-companies-by-20-per-cent/articleshow/10612231.cms Tue, 08 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fnews%2Fnews-by-industry%2Findl-goods-%2F-svs%2Fcement%2Fcement-prices-push-up-costs-for-real-estate-companies-by-20-per-cent%2Farticleshow%2F10612231.cms The Ministry of Housing and Urban Poverty Alleviation (MHUPA) has taken initiatives to safeguard and make it little more disciplined and ethical. With a tension free system in operation one can expect a property http://metroplots.com/news Mon, 07 Nov 2011 18:Nov:th 18NovIST http%3A%2F%2Fmetroplots.com%2Fnews But before you buy a property to rent out you should consider a few factors to increase the rental value of your home so that you can enjoy maximum benefit. The three basic factors to keep in mind while buying your second home is your budget, the location and the marketable feasibilities. That is about the development of the area in future. metroplots.com/news/ Mon, 07 Nov 2011 18:Nov:th 18NovIST metroplots.com%2Fnews%2F Anna Nagar is one of the finest residential areas located in the Chennai City. The area is lying exactly to the west of George Town, the city center. Anna Nagar was developed by the Tamil Nadu housing board in 1970s. The board developed residential plots and apartments, commercial complexes, wide roads, school zones and recreation areas. metroplots.com/news/ Sat, 05 Nov 2011 12:Nov:th 12NovIST metroplots.com%2Fnews%2F While HDFC cannot force builders to liquidate rising inventories, officials at the financial institution are trying to drive home the point at every meeting that it makes sense to sell at current prices. http://economictimes.indiatimes.com/markets/real-estate/news-/builders-should-sell-properties-at-current-prices-to-avert-loan-defaults-hdfcs-deepak-parekh/articleshow/10613889.cms Sat, 05 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fbuilders-should-sell-properties-at-current-prices-to-avert-loan-defaults-hdfcs-deepak-parekh%2Farticleshow%2F10613889.cms The main area of concentration would be to develop a community living between like-minded and like status people. The project would have five towers and will have nine floors. The project will also have row houses and is expected to be completed by December 2013. http://metroplots.com Fri, 04 Nov 2011 18:Nov:th 18NovIST http%3A%2F%2Fmetroplots.com In the investigation, CCI found DLF "guilty of increasing the number of floors midway, not following the time schedule for completion and possession and forfeiture of booking amount upon any cancellations" . CCI said in the judgment, "Another feature of this far-from-healthy relationship between the service provider and its clients is the draconian and onesided clauses in the buyers' agreement. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/post-cci-verdict-on-dlf-is-realty-sector-a-service-provider/articleshow/10602004.cms Fri, 04 Nov 2011 09:Nov:th 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fpost-cci-verdict-on-dlf-is-realty-sector-a-service-provider%2Farticleshow%2F10602004.cms This bill will set a benchmark on how, what and where to build � a move from the Union Ministry of Housing and Urban Poverty Alleviation that will hopefully change the face of our cityscape for the good. The Real Estate Regulatory Authority (RERA) Act proposes to establish a regulatory authority to control and promote construction, sale, transfer and management of colonies, residential buildings, apartments and other similar properties. metroplots.com/news/ Thu, 03 Nov 2011 18:Nov:rd 18NovIST metroplots.com%2Fnews%2F Many of them are the ones who made millions selling huge tracts of land in Sanand after Tata Motors' small car project set realty on fire. Villages Hansalpur, Sitapur, Bechar and Navipani on borders of Ahmedabad, Surendranagar and Mehsana districts have been luring investors who harvested gold in Sanand, where land prices have increased by 25 times after Nano's entry in 2008. http://economictimes.indiatimes.com/markets/real-estate/news-/tata-to-nano-town-lets-go-to-maruti-dham-from-sanand-to-becharaji-realty-zooming-northwards/articleshow/10589514.cms Thu, 03 Nov 2011 11:Nov:rd 11NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Ftata-to-nano-town-lets-go-to-maruti-dham-from-sanand-to-becharaji-realty-zooming-northwards%2Farticleshow%2F10589514.cms LIC NRI Home loans called as Griha Shobha offers financial assistance to buy, construct, renovate, repair or even buy a plot at the place of their choice. The current Floating Interest Rate is at 10.65 percent whereas the Fixed Interest for a period of 3 years is at 10.5 percent and the fixed interest rate for a period of 5 years is at 11.5 percent. metroplots.com/news/ Wed, 02 Nov 2011 16:Nov:nd 16NovIST metroplots.com%2Fnews%2F The circle rates of group housing, residential, commercial and industrial properties are likely to be increased by around 17-25 percent, while industrial plots might witness a hike of around 30 percent. http://economictimes.indiatimes.com/markets/real-estate/news-/noida-circle-rates-may-be-hiked/articleshow/10572183.cms Wed, 02 Nov 2011 09:Nov:nd 9NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fnoida-circle-rates-may-be-hiked%2Farticleshow%2F10572183.cms With more and more MNCs coming up in Chennai, the city�s capital appreciation is higher when compared to other metros. You will get a good rental value http://metroplots.com/news Tue, 01 Nov 2011 16:Nov:st 16NovIST http%3A%2F%2Fmetroplots.com%2Fnews Now, the latest survey by four young architects, who were led by civic activist and architect P K Das, shows that not only has the BMC been lax in acquiring open spaces reserved in the DP, it has also been unaware of a huge number of reserved open spaces and their locations. If the BMC puts the number of open spaces at 1,200, then the surveyors have discovered over 900 'missing' spaces. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/citizens-track-over-900-missing-open-spaces-in-mumbai/articleshow/10563786.cms Tue, 01 Nov 2011 12:Nov:st 12NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fcitizens-track-over-900-missing-open-spaces-in-mumbai%2Farticleshow%2F10563786.cms Ventilation also protects your home from the damages caused by excess moisture in the air. Passive ventilation not only has an impact on the body and mind, but also makes for lower power bills, as it minimises the need to switch on fans and lights. metroplots.com/news/ Mon, 31 Oct 2011 18:Oct:st 18OctIST metroplots.com%2Fnews%2F The region was named Nanganallur because of the Rajarajeswari Temple. It was actually known as Nangai-Nallur, a name given Maha Periyaval of Kanchi Kamakoti Peetam. As the historical researches have revealed, the small place of Nanganallur had existed even during the 8th century A.D., It was also chosen by the Pallava monarchs of Kanchipuram as a site for a number of sprawling Vishnu temples. metroplots.com/news/ Sat, 29 Oct 2011 13:Oct:th 13OctIST metroplots.com%2Fnews%2F Lifestyle Apartment by Vijayshanthi is an art of aesthetic design and modern engineering. These apartments give you the perfect package of comfort, luxury, style and ambiance to meet an array of needs. On-going Lifestyle Apartment projects are The Art and Rainforest. http://metroplots.com/news Fri, 28 Oct 2011 18:Oct:th 18OctIST http%3A%2F%2Fmetroplots.com%2Fnews Laminates are available in a variety of design and colour options which is a major factor that adds to the appeal of laminate flooring. Popular finishes include woods such as cherry, oak, beech, maple, alder and pine. The finish can be chosen to be in synch with the furnishings and decor of a room. These flooring are man-made strong surfaces that gives the posh look of hardwood floors. They are waterproof and fire-resistant as well. metroplots.com/news/ Fri, 28 Oct 2011 18:Oct:th 18OctIST metroplots.com%2Fnews%2F Dubai's once-booming property market hit a wall in 2008 and the decline worsened after the global financial crisis, ending a massive building spree. Prices are down 60% from their 2008 peak. State-owned developer Nakheel , builder of islands in the shape of palms, was at the centre of the collapse. Nakheel, and its parent Dubai World, have restructured some $41 billion in debt in the past year. http://economictimes.indiatimes.com/markets/real-estate/news-/dubai-floats-1-bn-fund-to-revive-real-estate-sector/articleshow/10503784.cms Fri, 28 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdubai-floats-1-bn-fund-to-revive-real-estate-sector%2Farticleshow%2F10503784.cms Home insurance, also referred to as hazard insurance or homeowner's insurance, is a type of property insurance that covers private homes. The importance of home insurance in the protection of your house and valuable possessions is as importance as protecting your family from any hazards that act as threat to life and property. metroplots.com/news/ Thu, 27 Oct 2011 16:Oct:th 16OctIST metroplots.com%2Fnews%2F "This is just the beginning. Watch out for more," the source, who did not want to be named said, pointing to the huge growth potential in Africa where land prices are very low compared to other parts of the world. Value of real estate is going up in Sri Lanka after peace is restored in that country around a year ago, and a Kolkata-based consortium of builders has seized the opportunity. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/realty-firms-take-their-brands-global-with-projects-in-sri-lanka-africa-and-europe-to-spread-risk/articleshow/10502777.cms Thu, 27 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Frealty-firms-take-their-brands-global-with-projects-in-sri-lanka-africa-and-europe-to-spread-risk%2Farticleshow%2F10502777.cms Diwali is meaningless without lights. Arrange diyas or diwali candles of different sizes at different heights in your living room, this will give an interesting effect. You can also use decorative LED lights outside of your house which you can reuse every year. http://metroplots.com/news Tue, 25 Oct 2011 11:Oct:th 11OctIST http%3A%2F%2Fmetroplots.com%2Fnews Nadekar belongs to the growing working class, which wants affordable and manageable houses, something that the developers have been quick to cater to. Over the past few years, studio apartments have been cropping up in metro cities. According to industry estimates, about 1.2 million sq ft or 15,000 studio apartments are expected to be completed in the next two years. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/why-buying-a-studio-flat-is-a-good-investment/articleshow/10451776.cms Tue, 25 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fwhy-buying-a-studio-flat-is-a-good-investment%2Farticleshow%2F10451776.cms Other benefits of false ceilings are it reduces noise and conceals wires, phone and TV cables. It also resolves problems pertaining to dirt, hygiene factor, expenses and maintenance. http://metroplots.com/news Mon, 24 Oct 2011 18:Oct:th 18OctIST http%3A%2F%2Fmetroplots.com%2Fnews The company had recently bought back 18% stake from HBS Realtor by buying the unsubscribed portion of a rights issue and through purchase of shares from a local builder in Mumbai. It had also increased shareholding in Market City Pune by 8%, thereby increasing its stake to 58.5%. "These acquisitions are part of a long-term strategy of consolidating our stakes in our various projects at an attractive price, thereby creating long-term value," the source said. http://economictimes.indiatimes.com/markets/real-estate/news-/phoenix-mills-plans-to-buy-back-phoenix-market-city-stake/articleshow/10469553.cms Mon, 24 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fphoenix-mills-plans-to-buy-back-phoenix-market-city-stake%2Farticleshow%2F10469553.cms The Calavalas� were a respected clan of businessmen; best known for their charitable deeds. The great historical monument is now functioning as a school. http://metroplots.com/news Sat, 22 Oct 2011 13:Oct:nd 13OctIST http%3A%2F%2Fmetroplots.com%2Fnews The High Court today ordered the Uttar Pradesh government to return to farmers land acquired in the three villages of Gautam Buddh Nagar district and pay higher compensation, which could be up to 64.70 per cent of the compensation paid earlier, to affected farmers of other villages. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/noida-extension-no-impact-to-current-buyers-future-prices-may-go-up-15-says-credai/articleshow/10443634.cms Sat, 22 Oct 2011 09:Oct:nd 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fnoida-extension-no-impact-to-current-buyers-future-prices-may-go-up-15-says-credai%2Farticleshow%2F10443634.cms Vitrified tiles are becoming completely a different alternative to the existing forms of flooring changing the trend in the market. So why are they are called vitrified? http://metroplots.com/news Fri, 21 Oct 2011 13:Oct:st 13OctIST http%3A%2F%2Fmetroplots.com%2Fnews Bamboo flooring is rarely done in India due to lack of adequate number of skilled workers. It is mostly done in beach houses and farm houses. This flooring is best in places where the climate http://metroplots.com/news Fri, 21 Oct 2011 11:Oct:st 11OctIST http%3A%2F%2Fmetroplots.com%2Fnews But builders are holding on to price levels while buyers, reluctant to book flats at current price levels and interest rates firmly in double digits, remain convinced that it's only a matter of time before the penny drops. Which side will blink first is still not certain, even though some builders concede all is not hunky dory. http://economictimes.indiatimes.com/markets/real-estate/news-/realty-prices-less-fireworks-for-builders-this-diwali/articleshow/10435442.cms Fri, 21 Oct 2011 09:Oct:st 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Frealty-prices-less-fireworks-for-builders-this-diwali%2Farticleshow%2F10435442.cms This article will brief you about the home loan documents checklist that you need to ensure is with you, before applying for a home loan. Before getting in detail, I would like to insist on the basic requirement for a safe purchase, i.e. a Clear title. http://metroplots.com/news Thu, 20 Oct 2011 17:Oct:th 17OctIST http%3A%2F%2Fmetroplots.com%2Fnews 5. Clean surfaces with mild dish washing detergent mixed in warm, not hot, water. Rinse thoroughly with clean water and wipe it with a dry soft cloth. http://metroplots.com/news Thu, 20 Oct 2011 15:Oct:th 15OctIST http%3A%2F%2Fmetroplots.com%2Fnews A draft proposal by the revenue department suggests a hike of 50% to 200% across different categories of colonies. The aim is to reduce the wide gap between the prevailing circle rates and the market rates of property, particularly in poshcolonies. http://economictimes.indiatimes.com/markets/real-estate/news-/delhi-property-govt-proposes-50-200-increase-in-circle-rates/articleshow/10399658.cms Thu, 20 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdelhi-property-govt-proposes-50-200-increase-in-circle-rates%2Farticleshow%2F10399658.cms "Next five years to 10 years we will be in these businesses -- healthcare, commercial property, retail, schools.. it may be through township projects.." Akshaya Chairman and CEO T Chitty Babu told reporters here. http://economictimes.indiatimes.com/markets/real-estate/news-/real-estate-developer-akshaya-plans-to-strengthen-its-presence-in-south-india/articleshow/10401717.cms Wed, 19 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Freal-estate-developer-akshaya-plans-to-strengthen-its-presence-in-south-india%2Farticleshow%2F10401717.cms . Kerala is not completed until and unless the backwater and the houseboats are enjoyed. This is a mixture of beauty and charm with the best designs of the world. These boats, made from http://metroplots.com/news Tue, 18 Oct 2011 18:Oct:th 18OctIST http%3A%2F%2Fmetroplots.com%2Fnews Builders could also offer free club memberships or facilitate admissions in educational institutes run by them. 'This helps buyers avoid the burden of donations or capitation fee while securing admissions for their children," adds Zia. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/discounts-for-homebuyers-by-real-estate-developers-check-the-fine-print-to-know-actual-gains/articleshow/10363821.cms Tue, 18 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fdiscounts-for-homebuyers-by-real-estate-developers-check-the-fine-print-to-know-actual-gains%2Farticleshow%2F10363821.cms This was once considered the entry point into Chennai City. Saidapet was founded by the Nawab of the Carnatic in the 18th century AD and was named Sayyid Khan Pettah after Sayyid Khan. http://metroplots.com/news Sat, 15 Oct 2011 13:Oct:th 13OctIST http%3A%2F%2Fmetroplots.com%2Fnews As these old businesses became shadows of their former self or shut down as a result of liberalisation , many sold their land to builders to profit from the boom in the real estate market. "Why lose out on the development profit of the land we own," says Sanjay Lalbhai, managing director, Arvind Ltd, India's largest denim maker. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/wadias-piramals-godrejs-lalbhais-and-tatas-plan-to-develop-their-land-bank-instead-of-selling-them/articleshow/10361700.cms Sat, 15 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fwadias-piramals-godrejs-lalbhais-and-tatas-plan-to-develop-their-land-bank-instead-of-selling-them%2Farticleshow%2F10361700.cms Banks insist that, the co-owners must be the co-borrowers for the home loan but it is not necessary that all the co-borrowers must be the co-owners of the property. http://metroplots.com/news Fri, 14 Oct 2011 18:Oct:th 18OctIST http%3A%2F%2Fmetroplots.com%2Fnews The total area this shop occupies is only 155 sq. ft but it displays 568 standard tea containers that are magnetized together to form a beautiful wall art. The playful arrangement of these containers is a mixed palette of vibrant colors that coincides with the interiors. http://metroplots.com/news Fri, 14 Oct 2011 13:Oct:th 13OctIST http%3A%2F%2Fmetroplots.com%2Fnews Lawyers and property consultants said the judgment would cause hardship to owners who have bought dispute-free properties on GPA and SA simply because paperwork wasn't complete for a proper sale registration. Such owners will have problems selling these properties, senior lawyer Kumar Amit, who works for public sector banks that fund transactions through first power of attorney, said. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/verdict-on-general-power-of-attorney-seen-hitting-property-sales/articleshow/10349167.cms Fri, 14 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fverdict-on-general-power-of-attorney-seen-hitting-property-sales%2Farticleshow%2F10349167.cms The monthly loan instalments called as EMIs will consist of two parts- Principle and Interest. The EMI you pay for your housing loan has a principal component http://metroplots.com/news Thu, 13 Oct 2011 18:Oct:th 18OctIST http%3A%2F%2Fmetroplots.com%2Fnews In the first phase, the developer will build two 63-storeyed residential towers. MMRDA has allowed development on six acres while the remaining land will be left open for green spaces. http://economictimes.indiatimes.com/markets/real-estate/news-/63-storey-residential-towers-in-wadala/articleshow/10324155.cms Thu, 13 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2F63-storey-residential-towers-in-wadala%2Farticleshow%2F10324155.cms The drastically increased home loan rate is making the situation worse. Despite the increasing home loan interest rate, the good news is that two banks are offering aggressively competitive rates on home loans, making it possible for more people to own the home of their dreams during the festive season. http://metroplots.com/news Wed, 12 Oct 2011 16:Oct:th 16OctIST http%3A%2F%2Fmetroplots.com%2Fnews Increase in equated monthly installments (EMIs) due to rising interest rates and reset of teaser loans will put additional annual burden of about Rs 6,000 crore on home loan borrowers. According to a report by Crisil, higher EMIs and slowdown in economic growth would also increase bad loans for lenders. http://timesofindia.indiatimes.com/business/india-business/Home-loan-EMIs-to-rise-by-6k-cr/articleshow/10319227.cms Wed, 12 Oct 2011 11:Oct:th 11OctIST http%3A%2F%2Ftimesofindia.indiatimes.com%2Fbusiness%2Findia-business%2FHome-loan-EMIs-to-rise-by-6k-cr%2Farticleshow%2F10319227.cms The development will be undertaken in four phases. The first phase will be spread over 1 million sq ft of residential space in two 63-storied towers. Of the total mixed-use development, 70% will be residential, while rest will be commercial and retail space. http://economictimes.indiatimes.com/markets/real-estate/news-/realty-developer-lodha-group-to-invest-rs-10k-cr-in-mumbai-project/articleshow/10320898.cms Wed, 12 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Frealty-developer-lodha-group-to-invest-rs-10k-cr-in-mumbai-project%2Farticleshow%2F10320898.cms The builders face a �Dry Period� because of the hesitation that the investors have when it comes to their dream house. The day to day increase in the interest rate clubbed with the job insecurity prevailing in the country http://metroplots.com/news Tue, 11 Oct 2011 17:Oct:th 17OctIST http%3A%2F%2Fmetroplots.com%2Fnews The development marks a new low in the deteriorating relations between both partners, who are also involved in an arbitration process in Singapore. Telenor and Unitech have been involved in a public spat during the last couple of months over several issues related to their JV, including its management and funding. http://economictimes.indiatimes.com/markets/real-estate/news-/unitech-group-drags-telenor-to-company-law-board-for-gross-mismanagement/articleshow/10306496.cms Tue, 11 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Funitech-group-drags-telenor-to-company-law-board-for-gross-mismanagement%2Farticleshow%2F10306496.cms You can always find an inexpensive way to renovate this part of your home. Follow the �elbow grease� method of renovating. Simply cleaning your stove until it is spotless, washing down the fridge and adding split and polish to your old kitchen appliances can make a huge difference. http://metroplots.com/news Mon, 10 Oct 2011 18:Oct:th 18OctIST http%3A%2F%2Fmetroplots.com%2Fnews The company has executed over 250 projects across the western and central suburbs of the metropolis, such as Versova, Andheri (W), Santacruz (W), Juhu, Vile Parle, Chembur, Kanjur Marg, Bhandup, Powai, Thane, Mira Road and Dahisar. http://economictimes.indiatimes.com/markets/real-estate/news-/premium-realtor-jaycee-homes-eyes-low-cost-housing-foray/articleshow/10288712.cms Mon, 10 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fpremium-realtor-jaycee-homes-eyes-low-cost-housing-foray%2Farticleshow%2F10288712.cms Mylapore is considered to be a important cultural and religious center in the city. Many cultural events are still being organized in this part of the city. The Parthasarathy Sabha, located in Mylapore, has been preserving the cultural heritage of Tamil Nadu for years now. http://metroplots.com/news Sat, 08 Oct 2011 11:Oct:th 11OctIST http%3A%2F%2Fmetroplots.com%2Fnews Developers are trying to use the general upbeat mood during the festivities to push sales by offering freebies and discounts of up to 20% to homebuyers. For the last few quarters, home sales have languished and inventories have piled up across cities. http://economictimes.indiatimes.com/markets/real-estate/news-/realtors-like-sunil-mantri-realty-ackruti-city-sg-estates-gaursons-and-others-offer-freebies-to-offload-inventories-for-pushing-up-sales/articleshow/10272497.cms Sat, 08 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Frealtors-like-sunil-mantri-realty-ackruti-city-sg-estates-gaursons-and-others-offer-freebies-to-offload-inventories-for-pushing-up-sales%2Farticleshow%2F10272497.cms A 4-BHK apartment with an area of 2,771 sqft was recently transacted at Rs 10.08 cr on Senapati Bapat Marg in upper Worli. This works out to a per sqft price of Rs 36,400, which includes the cost of three car parkings. This 33rd-floor apartment is housed in an under-construction residential tower, touted to be among the most soughtafter properties in the area. http://economictimes.indiatimes.com/markets/real-estate/news-/ground-realty-4-bhk-unit-sold-for-rs-8-5-cr-in-ncr/articleshow/10263073.cms Fri, 07 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fground-realty-4-bhk-unit-sold-for-rs-8-5-cr-in-ncr%2Farticleshow%2F10263073.cms This tree house was built by Robert Harvey Oshatz in the forests of Portland, Oregon. He designed the house in 1997 and completed in 2004, a perfect harmony with its surroundings, Willinkson���¢�¯�¿�½�¯�¿�½s residence is known for its amazing architecture. http://metroplots.com/news Thu, 06 Oct 2011 13:Oct:th 13OctIST http%3A%2F%2Fmetroplots.com%2Fnews Bollywood actor and Big Brother winner Shilpa Shetty and her British-born Indian businessman husband Raj Kundra are foraying into the real estate business in a big way by launching a premium residential apartment complex near the Mumbai domestic airport and by bidding for Hindustan Unilever's Gulita property in Worli. http://economictimes.indiatimes.com/markets/real-estate/news-/shilpa-shetty-forays-into-real-estate-sector/articleshow/10251519.cms Thu, 06 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fshilpa-shetty-forays-into-real-estate-sector%2Farticleshow%2F10251519.cms The Wadia Group and Bombay Realty, the group's real estate arm, have a land bank of about 10,000 acres spread across the country. This includes 700 acres of prime land in the financial capital, Mumbai, acquired at rock bottom prices in the 1800s and 1900s by group firms Bombay Burmah, Bombay Dyeing, Britannia and the current and erstwhile promoters. http://economictimes.indiatimes.com/markets/real-estate/news-/bombay-dyeing-on-path-to-transform-into-realty-company/articleshow/10225572.cms Tue, 04 Oct 2011 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fbombay-dyeing-on-path-to-transform-into-realty-company%2Farticleshow%2F10225572.cms Oberoi, a top builder, has a peculiar problem - he cannot reside in a new flat in a building constructed by a rival. "Everyone who's getting successful wants a home here. But with supply not being able to match the growing demand, prices are firming up, despite the overall slowdown," says Lata Patel, president of IOS Relocations International, which works with HNIs and MNCs. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/prices-of-apartments-bungalows-in-south-mumbai-rose-by-10-15-last-year/articleshow/10211930.cms Mon, 03 Oct 2011 09:Oct:rd 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fprices-of-apartments-bungalows-in-south-mumbai-rose-by-10-15-last-year%2Farticleshow%2F10211930.cms They have no other choice left than paying shedding more money to the banks. When few were given a choice of extending the tenure period, most of the customers were afraid and unwilling. While few people like Mr. Parasuraman, customer of Metroplots.com says �It is better to extend the tenure than paying high interest rate.� http://metroplots.com/news Sat, 01 Oct 2011 12:Oct:st 12OctIST http%3A%2F%2Fmetroplots.com%2Fnews "Over the last few years, this location has been witnessing unprecedented growth due to its proximity to important business hubs, swiftly emerging as one of most- coveted locations near Mumbai. http://economictimes.indiatimes.com/markets/real-estate/news-/tata-housing-launches-luxury-township-in-thane/articleshow/10187296.cms Sat, 01 Oct 2011 09:Oct:st 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Ftata-housing-launches-luxury-township-in-thane%2Farticleshow%2F10187296.cms The exterior design of a home is mostly ignored because the maintenance cost is very high. A good exterior design will surely add extra style and visual to your house. Some idea and tips for better looking house exterior, with low cost: http://metroplots.com/news Fri, 30 Sep 2011 09:Sep:th 9SepIST http%3A%2F%2Fmetroplots.com%2Fnews The new rules will be announced by the Department of Industrial policy and Promotion (DIPP) in the updated biannual policy circular that will be issued on Friday. Currently, 100% foreign investment is allowed in construction sector through the automatic route but subject to strict conditions. http://economictimes.indiatimes.com/markets/real-estate/news-/realty-fdi-curbs-not-to-be-imposed-on-colleges-old-age-homes/articleshow/10177865.cms Fri, 30 Sep 2011 09:Sep:th 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Frealty-fdi-curbs-not-to-be-imposed-on-colleges-old-age-homes%2Farticleshow%2F10177865.cms Oberoi, in 2004, teamed up with ICICI Venture to float a joint venture to buy a prime four-acre plot belonging to GlaxoSmithKline to develop a residential high-rise. The JV planned build around 44 duplex apartments in two 65-stroreyed towers overlooking the sea. http://economictimes.indiatimes.com/markets/real-estate/news-/oberoi-group-in-talks-to-buy-50-in-south-mumbai-project-held-by-icici-venture/articleshow/10165026.cms Thu, 29 Sep 2011 10:Sep:th 10SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Foberoi-group-in-talks-to-buy-50-in-south-mumbai-project-held-by-icici-venture%2Farticleshow%2F10165026.cms . This house is embedded in the side of a hill and can be seen through elliptical view. Villa Vals was built into a hillside with the intention of remaining concealed and unobtrusive to the beauty of nature. http://metroplots.com/news Wed, 28 Sep 2011 17:Sep:th 17SepIST http%3A%2F%2Fmetroplots.com%2Fnews Delhi Government had allotted 22,449 plots during 1996 to 2006 for the industries to relocate from residential areas to SEZs. http://metroplots.com/news Wed, 28 Sep 2011 14:Sep:th 14SepIST http%3A%2F%2Fmetroplots.com%2Fnews Post the DLF verdict in August, the Competition Commission of India (CCI) is learnt to have received about 10 complaints against unfair trade practices and abuse of dominant market position by real estate companies, sources said. "Complaints have been pouring in in the past one month. We have received about 10 complaints against real estate developers," an official told PTI. http://economictimes.indiatimes.com/markets/real-estate/news-/home-buyers-approach-cci-post-dlf-verdict/articleshow/10140572.cms Wed, 28 Sep 2011 09:Sep:th 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fhome-buyers-approach-cci-post-dlf-verdict%2Farticleshow%2F10140572.cms You need not eat veggies to become an environmentalist. You just have to be aware of few things that are used every day in your life. Let us start from our own home, kitchen is one important http://metroplots.com/news Tue, 27 Sep 2011 16:Sep:th 16SepIST http%3A%2F%2Fmetroplots.com%2Fnews Dave believed it was one of his best ideas and would draw attention to the company. People laughed at his idea when he first shared it with them. But he achieved his dream, the home office that looks like a basket finally opened for business on December 17, 1997. http://metroplots.com/news Tue, 27 Sep 2011 11:Sep:th 11SepIST http%3A%2F%2Fmetroplots.com%2Fnews Only those who have to be allotted flats in Vasant Kunj, Jasola's sector 9-A, Dwarka's sector 18-B, Rohini's sector 29, Motia Khan, Kalyan Vihar and Mukherjee Nagar are likely to start receiving the letters from November onwards as the construction work is still on. http://economictimes.indiatimes.com/markets/real-estate/news-/dda-flats-to-be-soon-ready-for-allotment/articleshow/10135047.cms Tue, 27 Sep 2011 09:Sep:th 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdda-flats-to-be-soon-ready-for-allotment%2Farticleshow%2F10135047.cms The sense of pride and freedom in owning a property and be called as a landlord cannot be matched with anything. For the real estate market having soaring property prices, it is very important to know few points before buying a property especially for a first-time buyer. Find out how to make the best long-term investment: http://metroplots.com/news Mon, 26 Sep 2011 18:Sep:th 18SepIST http%3A%2F%2Fmetroplots.com%2Fnews HDFC has assisted more than 38 lakh customers to own a home of their own, through housing loan approvals. In loans they have a variety of products Home Loan, Home Improvement Loan, Home Extension Loan, and Land Purchase Loan. http://metroplots.com/news Mon, 26 Sep 2011 17:Sep:th 17SepIST http%3A%2F%2Fmetroplots.com%2Fnews The group's first low-income housing project Tanaji Malusare City at Karjat in the neighbouring Raigad district, is an integrated township with 24,000 units, and was constructed in partnership with the Mumbai Metropolitan Region Development Corporation (MMRDA). http://economictimes.indiatimes.com/markets/real-estate/news-/silvexity-group-plans-rs-1000-cr-in-4-more-low-cost-townships/articleshow/10113986.cms Mon, 26 Sep 2011 09:Sep:th 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fsilvexity-group-plans-rs-1000-cr-in-4-more-low-cost-townships%2Farticleshow%2F10113986.cms The suburbs represent one of the popular commercial centers rooted in the city, the Chennai Egmore railway station and central railway station. The distance from airport to Egmore is 13kms. Nungambakam, George Town and Triplicane are lying adjacent to Egmore locality. htt://metroplots.com/news Sat, 24 Sep 2011 09:Sep:th 9SepIST htt%3A%2F%2Fmetroplots.com%2Fnews Developers in the area could now build about 140 apartments an acre with 2.75 FAR and a density of 1,600 persons per hectare compared to just 70 apartments an acre earlier when the FAR was 1.75 and density allowed was only 800 persons per hectare. The success of Noida Extension notwithstanding, the fate of the affordable housing segment has been abysmal in the country. Supply in this segment is constrained drastically, says a report by research firm PropEquity. http://economictimes.indiatimes.com/markets/real-estate/news-/demand-supply-gap-in-affordable-housing/articleshow/10098913.cms Sat, 24 Sep 2011 09:Sep:th 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdemand-supply-gap-in-affordable-housing%2Farticleshow%2F10098913.cms If you want the kids to stay indoors and not to go out, the parents have to make their living space interesting, colorful and playful. Some cartoon characters or superheroes really inspire the kids, so it is always good to find out which cartoon character the kid likes so that you can give your kid a grand surprise. http://metroplots.com/news Fri, 23 Sep 2011 16:Sep:rd 16SepIST http%3A%2F%2Fmetroplots.com%2Fnews Gone are the days when people visit hill stations just for vacation or short trips but today the scenario has changed due to the extensive growth of real estate industry. Majority of the people are ready to invest in properties at these places for residing purpose in the near future. http://metroplots.com/news Fri, 23 Sep 2011 11:Sep:rd 11SepIST http%3A%2F%2Fmetroplots.com%2Fnews A 3-BHK apartment with an approximate carpet area of 1,130 sqft was recently transacted at Rs 3.34 crore at HIranandani Gardens, Powai. This works out to a per sqft price of Rs 29,513, which includes the cost of two basement car-parkings. The apartment is housed in a 36-storey skyscraper, which has over 40% of its land area set aside for gardens, forests and playgrounds. This building is counted among the more premium residential areas in this micro-market. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/gurgaon-flat-sold-for-rs-1-9-crore/articleshow/10085816.cms Fri, 23 Sep 2011 09:Sep:rd 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fgurgaon-flat-sold-for-rs-1-9-crore%2Farticleshow%2F10085816.cms A modular kitchen can be designed by oneâ��s own interest or with the help of an interior designer. If your kitchen is small or large it does not matter, modular kitchen interiors can be applied to every size matching your style and requirement. Various accessories of modular kitchen design are Dish washer, Chimneys, Microwave Ovens, Sink pullout units and shutters. Furnitureâ��s including table and chairs can be added if your kitchen is spacious enough to hold it. htt://metroplots.com/news Thu, 22 Sep 2011 10:Sep:nd 10SepIST htt%3A%2F%2Fmetroplots.com%2Fnews In August, property registration offices in the city declined for the twelfth successive month to 4,611 deals, down 25% from a year ago, said brokerage Prabhdas Lilladher in a report. Although leasing activity continued to show year-on-year growth of 4% at 8,102 deals, on monthly basis, after a long time, this also saw a drop of 16%. http://economictimes.indiatimes.com/markets/real-estate/news-/mumbai-property-deals-registration-continues-to-slide-down-25-in-august-at-27-month-low/articleshow/10070334.cms Thu, 22 Sep 2011 10:Sep:nd 10SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fmumbai-property-deals-registration-continues-to-slide-down-25-in-august-at-27-month-low%2Farticleshow%2F10070334.cms Also known as Salim Singh ki haveli of Jaisalmer, this haveli was constructed between the year 1800 and 1860 by five brothers of Jain religion. One of the prominent Jaisalmer attractions, Patwon-ki-Haveli is adorned with beautifully arched roof having exquisitely carved brackets in the shape of peacocks. http://metroplots.com/news Wed, 21 Sep 2011 11:Sep:st 11SepIST http%3A%2F%2Fmetroplots.com%2Fnews Because of the liberal policies of Government, NRIs have the freedom to purchase properties in India. However one needs to comply with the requirements of the Foreign Exchange Management Act (FEMA). http://metroplots.com/news Wed, 21 Sep 2011 11:Sep:st 11SepIST http%3A%2F%2Fmetroplots.com%2Fnews The 190-room under-construction hotel would be managed by the Taj Group of hotels under the Gateway brand. Located on the Old Mahabalipuram Road, in the south of Chennai, the hotel was owned by RAS Adyar Hotel Limited, which is promoted by former Justice Ramaswami's family. http://economictimes.indiatimes.com/markets/real-estate/news-/uks-lebara-group-buys-hotel-near-chennai-for-rs-110-crore/articleshow/10060098.cms Wed, 21 Sep 2011 09:Sep:st 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fuks-lebara-group-buys-hotel-near-chennai-for-rs-110-crore%2Farticleshow%2F10060098.cms The complex is named Bandra Kurla Complex because of the location it is situated. It is bound by the suburbs of kurla in the east and bandra in the west. The complex has been built on the marshy land on the north side of Mahim Creek. Santacruz lies to its north. Because of its spacious location and convenient option of travelling, this place now is http://metroplots.com/news/ Tue, 20 Sep 2011 15:Sep:th 15SepIST http%3A%2F%2Fmetroplots.com%2Fnews%2F Oscar winning actress Sandra Bullock has decided to lay down some roots on the West Coast of the U.S as well. This millionaire actress already owns several homes that includes a beachfront abode on Tybee Island; a New Orleans residence and a small 3 bedroom bungalow located near the famed Chateau Marmont in LA. http://metroplots.com/news/ Tue, 20 Sep 2011 13:Sep:th 13SepIST http%3A%2F%2Fmetroplots.com%2Fnews%2F The combined net debt of the country's top eleven listed real estate companies is 38,500 crore. The cost of debt for most real estate companies is in the range of 12-15%, on the basis of which the combined interest burden on them is between 4,600 crore and 5,800 crore. Reserve Bank of India last week raised interest rates by 25 basis points, which was the twelfth in eighteen months. Builders say it's a double whammy-as homebuyers are being forced to postpone their purchases while cost of debt is rising for them as well. http://economictimes.indiatimes.com/markets/real-estate/news-/rate-hike-adds-to-debt-burden-of-real-estate-companies-like-dlf-unitech-hdil-prestige-etc/articleshow/10047629.cms Tue, 20 Sep 2011 09:Sep:th 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Frate-hike-adds-to-debt-burden-of-real-estate-companies-like-dlf-unitech-hdil-prestige-etc%2Farticleshow%2F10047629.cms You can plant your herb in a mud pot, container, bucket or window box. It�s better to plant one herb per pot. Herb garden need plenty of light and sunshine and the most important thing is herbs like lot of water, at least once a week and more in hot weather. http://metroplots.com/news/ Mon, 19 Sep 2011 17:Sep:th 17SepIST http%3A%2F%2Fmetroplots.com%2Fnews%2F Real estate agents are the right people whom you have to get advice or consult. Real estate agent means a person with a state/ provincial license to represent a buyer or a seller in real estate transaction in exchange for commission. A real estate agent usually works in office. But some choose to work from home, since most of the information regarding the properties is available over the internet. They also spend time to find more about the house and projects in their town. Agents also spend more than 40 hours a week. http://metroplots.com/news/ Mon, 19 Sep 2011 17:Sep:th 17SepIST http%3A%2F%2Fmetroplots.com%2Fnews%2F DLF Commercial Developers, Navi Mumbai SEZ and Raheja SEZ Ltd have also requested additional time for project implementation from the Board of Approval (BoA), headed by Commerce Secretary Rahul Khullar, as per an agenda note for the BoA's forthcoming meeting. The BoA, a 19-member inter-ministerial body that deals with special economic zone (SEZ)-related matters, is scheduled to meet on September 19. http://economictimes.indiatimes.com/markets/real-estate/news-/44-sez-including-tcs-parsvnath-dlf-and-other-developers-seek-more-time-to-implement-projects/articleshow/10028654.cms Mon, 19 Sep 2011 09:Sep:th 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2F44-sez-including-tcs-parsvnath-dlf-and-other-developers-seek-more-time-to-implement-projects%2Farticleshow%2F10028654.cms Most of the residential areas are coming up with unique housing projects from famous builders. IT Corridor or Rajiv Gandhi Salai as it is called is famous for the number of IT and BPO companies available in the area. Employment opportunities are significantly growing in the locality due these companies. This has helped Kelambakkam a well known area among the young IT employees. http://metroplots.com/news/ Sat, 17 Sep 2011 12:Sep:th 12SepIST http%3A%2F%2Fmetroplots.com%2Fnews%2F Glad news to the people of Delhi. Are you looking for a new home? Then here is your chance. DDA (Delhi Development Authority) is planning to construct 60,000 flats in our national capital for LIG (Lower Income Group) people http://www.metroplots.com/news Sat, 17 Sep 2011 11:Sep:th 11SepIST http%3A%2F%2Fwww.metroplots.com%2Fnews "As we pointed out during the last rate hike, the home loan interest rates are quite high and any further increase will discourage people from borrowing. This will impact the real estate sector as sales will further slow down with the rising input costs," Maharashtra Chamber of Housing Industry (MCHI) president Paras Gundecha said. http://economictimes.indiatimes.com/markets/real-estate/news-/repo-rate-hike-real-estate-industry-criticises-rbi-decision/articleshow/10011270.cms Sat, 17 Sep 2011 09:Sep:th 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Frepo-rate-hike-real-estate-industry-criticises-rbi-decision%2Farticleshow%2F10011270.cms The flats to be constructed over a period of time is likely to come up in several localities and the agency could use new technologies to construct them. Sources said the issue is likely to be on the agenda at a meeting to be held tomorrow at the Delhi Development Authority. http://economictimes.indiatimes.com/markets/real-estate/news-/dda-likely-to-build-over-60000-flats/articleshow/9994875.cms Fri, 16 Sep 2011 09:Sep:th 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdda-likely-to-build-over-60000-flats%2Farticleshow%2F9994875.cms Some tips we should remember while choosing a paint colour for our home is, to collect the paint chips from the shop. Buy a pint of paint to do a test patch; this will help you to choose the right colour. Wet paint colour often looks different after it dries. So donâ��t get excited when you see the paint on the wall before it dry. http://www.metroplots.com/news Thu, 15 Sep 2011 18:Sep:th 18SepIST http%3A%2F%2Fwww.metroplots.com%2Fnews The property, Oberoi Palm Beach, was bought by Rai Bahadur MS Oberoi in 1947 from an Italian lady and was the third hotel in his portfolio after Shimla and Kolkata. EIH, formerly East India Hotels, the flagship company of the Oberoi Group, has handed over the property to the Mayfair Group, which now has eight properties, said top executives at both companies. For the Oberois, the Gopalpur property, though small, had a lot of sentimental value. http://economictimes.indiatimes.com/markets/real-estate/news-/oberoi-group-sells-100-year-old-oberoi-palm-beach-to-mayfair-for-rs-10-crore/articleshow/9987989.cms Thu, 15 Sep 2011 09:Sep:th 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Foberoi-group-sells-100-year-old-oberoi-palm-beach-to-mayfair-for-rs-10-crore%2Farticleshow%2F9987989.cms This is not the first time such tragedy has happened in Mumbai and the number of lives lost in such tragedy is also inclining every year. These incidents are only proving how old and weak the structures are in India. The recent tragedy in Mumbai has led six injured in which two girls are in critical condition and one dead. http://metroplots.com/news Tue, 13 Sep 2011 17:Sep:th 17SepIST http%3A%2F%2Fmetroplots.com%2Fnews DLF Ackruti Info Parks (Pune) Ltd, which is a joint venture between DLF and Ackruti City is a SEZ spread over 11.83 hectares in Pune's Hinjewadi area. It has a total area of 5 million sq ft of which 1.8 million is currently operational and has prominent tenants such as Cognizant Technologies, Tata Consultancy Services, Barclays and Novalis. About 3.3 million sq ft is under construction at the moment. DLF is in talks with Blackstone to sell the SEZ in Pune for Rs 900 crore. DLF has a 70% stake in the SEZ. According to sources, JV partner Ackruti too is selling its stake. http://economictimes.indiatimes.com/markets/real-estate/news-/dlf-seeks-approval-from-boa-to-sell-pune-sez-will-be-considered-on-september-19/articleshow/9963574.cms Tue, 13 Sep 2011 10:Sep:th 10SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdlf-seeks-approval-from-boa-to-sell-pune-sez-will-be-considered-on-september-19%2Farticleshow%2F9963574.cms the concept of giving attractive deals in groups is the buzz in every industry. But most of the industries feel that this concept doesn�t work always for everyone. It is not effective in customer acquisition as expected. http://metroplots.com/news Mon, 12 Sep 2011 18:Sep:th 18SepIST http%3A%2F%2Fmetroplots.com%2Fnews The extension of the Delhi Metro link to Noida two years ago has pushed up rents in the area, and Makhija estimates he will have to spend another Rs 2 lakh to do up the house before he can find a tenant. "The high rental value of the locality will more than make up for the expense," he chuckles. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/what-you-should-know-before-renting-your-house/articleshow/9934337.cms Mon, 12 Sep 2011 11:Sep:th 11SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fwhat-you-should-know-before-renting-your-house%2Farticleshow%2F9934337.cms Godrej Properties will construct an independent building comprising of a total built up area of around 100,000 sq ft to house this education facility. Apart from the school building, it will also develop playground, landscaping and other facilities including parking for school buses. http://economictimes.indiatimes.com/markets/real-estate/news-/godrej-properties-ties-up-with-giis-for-setting-up-an-education-facility/articleshow/9927138.cms Sat, 10 Sep 2011 13:Sep:th 13SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fgodrej-properties-ties-up-with-giis-for-setting-up-an-education-facility%2Farticleshow%2F9927138.cms The builder is providing wooden wardrobes, modular kitchen, imported bath fittings, Italian marble flooring and air conditioning in all rooms. Defence Colony, located in the southern part of the city, is one of the key residential zones. Being well connected to other parts of the city and having a mature F&B retail market, Defence colony commands premium in terms of property prices. http://economictimes.indiatimes.com/markets/real-estate/news-/delhi-defence-colony-flat-goes-for-rs-8-11-crore/articleshow/9918432.cms Fri, 09 Sep 2011 09:Sep:th 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdelhi-defence-colony-flat-goes-for-rs-8-11-crore%2Farticleshow%2F9918432.cms "Land acquired by private companies cannot be subjected to Land Acquisition, Rehabilitation and Resettlement Bill, 2011. It will only increase the cost of land and concept of affordable housing will be defeated," the Confederation of Real Estate Developers Associations of India (CREDAI) President Lalit Kumar Jain told PTI. http://economictimes.indiatimes.com/markets/real-estate/news-/land-acquisition-bill-to-increase-land-housing-prices-credai/articleshow/9901983.cms Thu, 08 Sep 2011 09:Sep:th 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fland-acquisition-bill-to-increase-land-housing-prices-credai%2Farticleshow%2F9901983.cms Rentals for restaurants are disproportionately high, which leads to a number of young restaurants closing down regularly. A large number of entrepreneurs trying their hands at the restaurant business are providing that extra leverage to landlords to demand more. "With such unsustainable rentals, it is like working for your landlord," said Saeed Shervani, president of the Hotels & Restaurants Association of North India and the owner of Rodeo's restaurant in Delhi. http://economictimes.indiatimes.com/markets/real-estate/news-/high-rentals-eat-into-restaurants-margins/articleshow/9891961.cms Wed, 07 Sep 2011 10:Sep:th 10SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fhigh-rentals-eat-into-restaurants-margins%2Farticleshow%2F9891961.cms "Estimation of the relevant market is key in abuse of dominance cases. Their (the CCI's) methodology lacks rigour," says Rahul Singh, who advises companies on competition matters, but is not associated with either of the cases. In the DLF case, for example, he says the CCI has used all-India revenue data to estimate the company's market share in Gurgaon, which might not be defensible in higher courts. The first stop in the appeals process is the Competition Appellate Tribunal, followed by the Supreme Court. http://economictimes.indiatimes.com/markets/real-estate/news-/regulators-flawed-definition-of-mkt-in-nse-dlf-orders-may-weaken-case/articleshow/9879206.cms Tue, 06 Sep 2011 09:Sep:th 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fregulators-flawed-definition-of-mkt-in-nse-dlf-orders-may-weaken-case%2Farticleshow%2F9879206.cms According to the deal structure, the PE fund will also get 10% incremental return and will control 30% of the special purpose vehicle executing project until these returns are delivered. This is the first PE transaction for realty developer, while IndiaReit's or any private equity fund's first investment into any slum rehabilitation related project in Mumbai Metropolitan Region. http://economictimes.indiatimes.com/markets/real-estate/news-/indiareit-funds-advisors-invests-rs-200-crore-in-omkar-realtors/articleshow/9865852.cms Mon, 05 Sep 2011 09:Sep:th 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Findiareit-funds-advisors-invests-rs-200-crore-in-omkar-realtors%2Farticleshow%2F9865852.cms The much-awaited Land Acquisition Bill may come up before the Union Cabinet next week with Rural Development Minister Jairam Ramesh pushing hard for it. Rural Development Ministry has already sent a note to Cabinet Secretariat to include it as an agenda of the Cabinet's next meeting, a Government source said. http://economictimes.indiatimes.com/markets/real-estate/news-/land-acquisition-bill-may-come-up-before-cab-next-week/articleshow/9840521.cms Sat, 03 Sep 2011 09:Sep:rd 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fland-acquisition-bill-may-come-up-before-cab-next-week%2Farticleshow%2F9840521.cms The average rental value for high-end apartments (approx 2,000-4,000 sq ft) ranges at Rs 100,000-200,000 per month in the area. Though there is a very steady demand for rental properties, values have remained stable due to sufficient supply. http://economictimes.indiatimes.com/markets/real-estate/news-/gurgaon-flat-leased-out-for-rs-2-9-lakh/month/articleshow/9829720.cms Fri, 02 Sep 2011 09:Sep:nd 9SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fgurgaon-flat-leased-out-for-rs-2-9-lakh%2Fmonth%2Farticleshow%2F9829720.cms Real estate firm Unitech will sell non-core assets such as land, IT parks and SEZs to pay off debt, which is at Rs 5,300 crore. In an interview, Unitech managing director Ajay Chandra said the company, India's second biggest real estate company after DLF, has also managed to tie up debt of about Rs 550 crore from two public sector banks in the last few months, after facing significant debt financing crisis in the last six months. http://economictimes.indiatimes.com/markets/real-estate/news-/unitech-plans-to-sell-assets-such-as-land-it-parks-and-sezs-to-pay-off-its-rs-5300-cr-debt/articleshow/9804492.cms Wed, 31 Aug 2011 09:Aug:st 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Funitech-plans-to-sell-assets-such-as-land-it-parks-and-sezs-to-pay-off-its-rs-5300-cr-debt%2Farticleshow%2F9804492.cms Builders, which have accumulated huge inventories as sales dipped over the last two years, are under pressure from banks and investors to sell in order to generate revenues. Adding to the pressure is a growing mountain of debt, over Rs 38,000 crore for the top 11 realtors. "The property market cannot sustain the current price levels. Mumbai and Delhi are the most investor-driven markets. http://economictimes.indiatimes.com/markets/real-estate/news-/prices-of-new-residential-property-could-fall-10-15-by-diwali/articleshow/9789643.cms Tue, 30 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fprices-of-new-residential-property-could-fall-10-15-by-diwali%2Farticleshow%2F9789643.cms The absence of local buyers is compelling developers in these countries to woo overseas customers. Even their governments are now more open to foreigners owning property, an aspect that Indians are gradually taking advantage of to drive good bargains. The global recession made the real estate markets worldwide take a strong beating and one they are yet to recover from. Many of these markets still have a lot of foreclosure and short-sale properties on offer, which are available at attractive prices. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/real-estate-buying-foreign-property-check-the-tax-and-legal-implications/articleshow/9757144.cms Mon, 29 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Freal-estate-buying-foreign-property-check-the-tax-and-legal-implications%2Farticleshow%2F9757144.cms The project -- M3M Polo Suites -- is likely to see an investment of about Rs 130 crore and will be developed inside its another luxury housing complex, M3M Golf Estate. "This new project will be developed on a concept of living with the polo sport and this will be for the first time in India. We want to create a lifestyle here," M3M India President Kunal Banerji told reporters here. http://economictimes.indiatimes.com/markets/real-estate/news-/m3ms-luxury-houses-in-gurgaon-flats-priced-at-rs-5-7cr-each/articleshow/9747856.cms Sat, 27 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fm3ms-luxury-houses-in-gurgaon-flats-priced-at-rs-5-7cr-each%2Farticleshow%2F9747856.cms The high loan amount one can acquire ranges from Rs 10 Lakhs to Rs 5 Crores and you can also get finance up to 65% out of your property. Loans can be availed on residential and commercial properties. The best part of this loan type is that one can extend the repayment from five years to fifteen years. http://metroplots.com/news Fri, 26 Aug 2011 19:Aug:th 19AugIST http%3A%2F%2Fmetroplots.com%2Fnews Thousands of homebuyers who do not have a permanent address in the national capital will have several options to choose from once the land development policy, which is pending in the urban development ministry, is finalized. Currently, they are dependent on satellite townships of Delhi like Noida, Greater Noida, Ghaziabad, Faridabad, Gurgaon, etc. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/delhi-housing-plan-2021-dda-on-track/articleshow/9741954.cms Fri, 26 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fdelhi-housing-plan-2021-dda-on-track%2Farticleshow%2F9741954.cms Monsoon is fast approaching, there is need to conserve water and increase the level of water table. Chennai goes dry whenever summer approaches. www.metroplots.com/news Thu, 25 Aug 2011 15:Aug:th 15AugIST www.metroplots.com%2Fnews An unhealthy nexus between builders and politicians as well as businessmen is the source of a considerable amount of black money in the system, say industry watchers. These politicians and businessmen are believed to use real estate to park black money. Even individuals looking at buying homes are willing or unwillingly forced to transact in black a number of times as there is a vast difference between government specified rate in an area compared to the real rate of a property, putting the black money component in many transactions between 50-60 %. http://economictimes.indiatimes.com/markets/real-estate/news-/anti-corruption-campaigns-flow-of-unaccounted-money-from-politicians-businessmen-may-get-disrupted/articleshow/9728384.cms Thu, 25 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fanti-corruption-campaigns-flow-of-unaccounted-money-from-politicians-businessmen-may-get-disrupted%2Farticleshow%2F9728384.cms S A Metroplots Pvt Ltd�¢ï¿½ï¿½s home loans department successfully completed fifty home loan leads that benefited various customers across India and abroad. www.metroplots.com/news Wed, 24 Aug 2011 18:Aug:th 18AugIST www.metroplots.com%2Fnews The government has moved in to help lower the burden of rising interest rates on retail borrowers. http://bit.ly/q42jIU Wed, 24 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Fbit.ly%2Fq42jIU Today there are so many Non-Resident Indians (NRIs) living in foreign countries who want to buy a house and also looking for home loans www.metroplots.com/news Tue, 23 Aug 2011 16:Aug:rd 16AugIST www.metroplots.com%2Fnews This gives them access to at least 15-20% higher returns through upfront capital investment to aggregate land, value-add through development activities and ultimate sale to different buyers. Further it helps PE funds to raise capital from investors with longer investment horizon from institutions such as pension funds, university trusts, and sovereign wealth fund. It also gives private equity funds more control over the project in these tough times. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/pe-funds-sare-fire-capital-tishman-speyer-ireo-millennium-spire-and-others-turn-developers-for-higher-gain/articleshow/9702745.cms Tue, 23 Aug 2011 09:Aug:rd 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fpe-funds-sare-fire-capital-tishman-speyer-ireo-millennium-spire-and-others-turn-developers-for-higher-gain%2Farticleshow%2F9702745.cms Online banking created safe, time-saving and easy banking system in place. Now most of the Public Banks are also implementing online processing and have proved much better than its competitors. http://metroplots.com/news Mon, 22 Aug 2011 18:Aug:nd 18AugIST http%3A%2F%2Fmetroplots.com%2Fnews Fallingwater is also called as Kaufmann Residence was designed in the year 1935 by an American architect Frank Wright in Pennsylvania, 50 miles away from Pittsburgh. www.metroplots.com/news Mon, 22 Aug 2011 17:Aug:nd 17AugIST www.metroplots.com%2Fnews Industrialist Sajjan Jindal's plans to acquire a three-storey bungalow - Maheshwari House - at Nepean Sea Road in south Mumbai for 400 crore is experiencing some hiccups with one of the four sellers objecting to the transaction. Manoj Maheshwari, one of the owners, has opposed the sale and claimed that he enjoyed the first right to buy other owners' share. http://economictimes.indiatimes.com/markets/real-estate/news-/industrialist-sajjan-jindal-vice-chairman-and-managing-director-of-jsw-steel-bid-to-buy-maheshwari-house-for-400-crore-runs-into-trouble/articleshow/9688727.cms Mon, 22 Aug 2011 09:Aug:nd 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Findustrialist-sajjan-jindal-vice-chairman-and-managing-director-of-jsw-steel-bid-to-buy-maheshwari-house-for-400-crore-runs-into-trouble%2Farticleshow%2F9688727.cms Maraimalai Nagar is a suburban town located just outside Chennai (exactly 40 Kms from the city) close by GST Road. This town is named as â��Maraimalai Nagarâ�� as a remembrance of Maraimalai Adigalar. Today, Maraimalai Nagar and its entire surrounding locality are now called as "New Chennai" by the Press www.metroplots.com/news Sat, 20 Aug 2011 13:Aug:th 13AugIST www.metroplots.com%2Fnews The thought of being landlord and earning lump sum through rentals has fascinated many of us in investing in properties. This glossy feeling also has a rough side faced by many of the landlords these days. As a landlord you will be happy to let the cash flow in through rentals every month http://metroplots.com/news Sat, 20 Aug 2011 13:Aug:th 13AugIST http%3A%2F%2Fmetroplots.com%2Fnews . Most of us would have heard of many real estate scams which are quite common in India. Hence, you need a good advisory firm like Metroplots.com to help you choose the right property and assist you throughout the process. www.metroplots.com/news Fri, 19 Aug 2011 19:Aug:th 19AugIST www.metroplots.com%2Fnews A person close to the situation said that DLF is talking to a few large corporates and a high net worth individual. DLF is asking for a price of Rs 2,800-3,000 per sq ft, he said. The land is close to the new southern peripheral road in Gurgaon, which will connect national highway 8 with MG Road. http://economictimes.indiatimes.com/markets/real-estate/news-/dlf-to-sell-13-acre-gurgaon-plot-for-rs-300-crore-to-ease-debt-burden/articleshow/9656805.cms Fri, 19 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdlf-to-sell-13-acre-gurgaon-plot-for-rs-300-crore-to-ease-debt-burden%2Farticleshow%2F9656805.cms Metroplots is very active on social networking websites like Facebook, Twitter and Tumblr to connect with all customers and real estate enthusiasts. www.metroplots.com/news Thu, 18 Aug 2011 17:Aug:th 17AugIST www.metroplots.com%2Fnews DLF, in its defence, said these were industry practices and it was merely adopting the same; it even showed buyer agreements of other builders to the CCI, which examined them. The anti-monopoly watchdog, the official says, has picked on this, and might use it as the basis to initiate inquiry - and, if need be, action - against other builders. http://economictimes.indiatimes.com/markets/real-estate/news-/post-dlf-penalty-competition-commission-of-india-to-scrutinize-other-real-estate-firms-of-unfair-practices/articleshow/9641368.cms Thu, 18 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fpost-dlf-penalty-competition-commission-of-india-to-scrutinize-other-real-estate-firms-of-unfair-practices%2Farticleshow%2F9641368.cms Skylights are window like openings built on the roofs to allow sunlight to light up the room, now they are simply called as �Ceiling Windows�. However skylights are much brighter than regular windows on the sides. www.metroplots.com/news Wed, 17 Aug 2011 18:Aug:th 18AugIST www.metroplots.com%2Fnews The Competition Commission of India, or CCI, has slapped a 630-crore fine on DLF, threatening to turn an isolated dispute between flat buyers and India's largest builder into a full-blown headache for the industry grappling with soaring interest costs and dwindling buyers. http://economictimes.indiatimes.com/markets/real-estate/news-/dlf-fined-rs-630-crore-for-unfair-practices-realty-reels-under-incessant-shocks/articleshow/9629640.cms Wed, 17 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdlf-fined-rs-630-crore-for-unfair-practices-realty-reels-under-incessant-shocks%2Farticleshow%2F9629640.cms Rehabbing can be an important component in the value of a property. Real estate investors who rehab a foreclosure property contribute not only to their own bottom line, but also to the value of the surrounding community. http://metroplots.com/news Tue, 16 Aug 2011 18:Aug:th 18AugIST http%3A%2F%2Fmetroplots.com%2Fnews This beautiful looking house was built in the year 1905, located on the small rocky island �The Dumplings� in Narragansett Bay near Jamestown, Rhode Island. www.metroplots.com/news Tue, 16 Aug 2011 15:Aug:th 15AugIST www.metroplots.com%2Fnews The Emami Group is merging three real estate companies under its fold � Zandu Realty, Emami Reality and Emami Infrastructure � in an attempt to draw synergies. http://www.dnaindia.com/money/report_emami-set-to-merge-3-real-estate-firms_1576055 Tue, 16 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Fwww.dnaindia.com%2Fmoney%2Freport_emami-set-to-merge-3-real-estate-firms_1576055 Today everyone who is planning to invest in a property in Chennai will definitely talk about Kelambakkam which is a rapidly growing suburb in Chennai that is located on the Old Mamallapuram Road, just 35 kms from Chennai. www.metroplots.com/news Sat, 13 Aug 2011 13:Aug:th 13AugIST www.metroplots.com%2Fnews Developers are not willing to publicly admit it, but the word on the street is that they are beginning to discount their properties in order to persuade people to buy. Some are offering freebies. http://timesofindia.indiatimes.com/business/india-business/Property-being-discounted-as-demand-drops/articleshow/9587025.cms Sat, 13 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Ftimesofindia.indiatimes.com%2Fbusiness%2Findia-business%2FProperty-being-discounted-as-demand-drops%2Farticleshow%2F9587025.cms Metroplots is very thrilled to launch a new referral program which is sure to make every real estate enthusiast smile! Now all those who have purchased an apartment or villa via Metroplots or if you know anyone who wants to invest in properties in Chennai, can refer their friends, relatives and colleagues for this exciting new referral program through which you can earn money or get amazing gift coupons that you canâ��t resist! www.metroplots.com/news Fri, 12 Aug 2011 15:Aug:th 15AugIST www.metroplots.com%2Fnews "Of the 1400 farmers of Patwari village around 600 farmers have signed the pact and taken the hiked compensation cheque," Gautam Budha Nagar MP Surinder Singh Nagar told media. Around one hundred others are expected to complete the documentation today, he said. http://economictimes.indiatimes.com/markets/real-estate/news-/600-farmers-take-hiked-compensation-in-noida-extension/articleshow/9570215.cms Fri, 12 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2F600-farmers-take-hiked-compensation-in-noida-extension%2Farticleshow%2F9570215.cms Balconies can offer both class and style to every home. Balconies are used for many purposes, for instance it can be used as a sit out to enjoy the outside view or to get some fresh breeze, if you are too tired, then you can relax or probably to enjoy a pleasant semi-outdoor snack! www.metroplots.com/news Thu, 11 Aug 2011 18:Aug:th 18AugIST www.metroplots.com%2Fnews According to the draft, R&R provisions will apply only when private firms buy land, equal to or more than 100 acres, on their own and if they approach the government for partial acquisition for public purpose. The association, which has more than 6,000 developers as members, said that the provisions of rehabilitation and resettlement to land owners for private land transactions is "unwarranted" and should be done away with. http://economictimes.indiatimes.com/markets/real-estate/news-/land-acquisition-draft-bill-to-escalate-housing-prices-credai/articleshow/9555759.cms Thu, 11 Aug 2011 10:Aug:th 10AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fland-acquisition-draft-bill-to-escalate-housing-prices-credai%2Farticleshow%2F9555759.cms But most of the people find the job of developing and taking proper care of the land as major risk but the number of benefits definitely outnumbers the difficulties involved. The rental income generated http://www.metroplots.com/news Wed, 10 Aug 2011 16:Aug:th 16AugIST http%3A%2F%2Fwww.metroplots.com%2Fnews The company expects to sell 2.2-2.5 million square feet of space in July-Sept quarter, he said, adding the firm booked 2.62 million square feet in June quarter, he said. http://economictimes.indiatimes.com/markets/real-estate/news-/omaxe-sees-net-debt-falling-to-rs-880-890-bn-by-mar-31/articleshow/9538779.cms Wed, 10 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fomaxe-sees-net-debt-falling-to-rs-880-890-bn-by-mar-31%2Farticleshow%2F9538779.cms We at Metroplots are very excited to let you know about a new project on Old Mahabalipuram Road (OMR), Chennai - Ivy Terrace from NAPC Properties. Owning a home at Ivy Terrace is like owning a landmark and not living near one! http://www.metroplots.com/news Tue, 09 Aug 2011 13:Aug:th 13AugIST http%3A%2F%2Fwww.metroplots.com%2Fnews "This is our first foray into the Gurgaon market," said Getamber Anand, managing director of ATS Infrastructure who confirmed that the company has bought the land that had all licences for a group housing project but did not confirm if HDFC PMS was the financial partner. GenReal Property Advisors was the transaction advisors for the deal. http://economictimes.indiatimes.com/markets/real-estate/news-/ats-infrastructure-buys-14-acre-plot-in-gurgaon-for-rs-150-crore/articleshow/9531311.cms Tue, 09 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fats-infrastructure-buys-14-acre-plot-in-gurgaon-for-rs-150-crore%2Farticleshow%2F9531311.cms When most of us plan to buy home, we definitely borrow money from a bank and use it for buying a property. In the process of dealing with banks and property, you would have heard about mortgage. Most people talk about â��getting their mortgageâ�� from the lender. The mortgage is not http://www.metroplots.com/news Mon, 08 Aug 2011 18:Aug:th 18AugIST http%3A%2F%2Fwww.metroplots.com%2Fnews Today nations like China and Japan are facing housing problems, and the only option is to shrink space. On outskirts of Beijing, capsule apartments have come up to help people for those who canâ��t afford expensive housing rents http://www.metroplots.com/news Mon, 08 Aug 2011 12:Aug:th 12AugIST http%3A%2F%2Fwww.metroplots.com%2Fnews If the property is owned by two or more persons at the same time in equal shares, it is a joint tenancy. But unlike tenants-in-common, when one joint tenant dies, his share automatically passes on to the surviving joint tenant(s). However, all the co-owners should have taken possession of the property at the same time in the same deed and with equal interests. http://economictimes.indiatimes.com/markets/real-estate/policy-/types-of-joint-ownership-of-property/articleshow/9505175.cms Mon, 08 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fpolicy-%2Ftypes-of-joint-ownership-of-property%2Farticleshow%2F9505175.cms Mr. Rahul, a NRI customer has to say, ���¢�¯�¿�½�¯�¿�½I have been using ICICI account for the past four years and it provides the best online service. It is also safe to transfer funds and the customer service is also good���¢�¯�¿�½�¯�¿�½. http://www.metroplots.com/news Sat, 06 Aug 2011 18:Aug:th 18AugIST http%3A%2F%2Fwww.metroplots.com%2Fnews The East Coast Road (ECR), known as the State Highway 49 is a two lane highway that is built along Bay of Bengal that connects Chennai with Puducherry, Cuddalore and Thoothukudi. The road is however being extended till Ramnad. www.metroplots.com/news Sat, 06 Aug 2011 13:Aug:th 13AugIST www.metroplots.com%2Fnews Jet Airways and Godrej Properties today signed a deal to develop one of the two plots owned by the airline in the premium Bandra-Kurla Complex (BKC) central business district here. The deal involves Godrej Properties, the real estate development arm of the diversified Godrej Group, making an upfront payment of Rs 135 crore to Jet to compensate it for the expenses it had already incurred, besides taking on the Rs 350-crore debt the airline has on the 2.5-acre at C-68, G-Block, BKC plot. http://economictimes.indiatimes.com/markets/real-estate/news-/godrej-properties-to-develop-jet-airwayss-bkc-land-in-mumbai/articleshow/9497301.cms Sat, 06 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fgodrej-properties-to-develop-jet-airwayss-bkc-land-in-mumbai%2Farticleshow%2F9497301.cms Getting to know your home loan eligibility and applying for home loans hasn����¯�¿�½���¯���¿���½������¯������¿������½����¯�¿�½������¯����¯�¿�½������¿����¯�¿�½������½����¯�¿�½���¯���¿���½����¯�¿�½������¯����¯�¿�½���¯���¿���½����¯�¿�½������¿����¯�¿�½���¯���¿���½����¯�¿�½������½����¯�¿�½���¯���¿���½������¯������¿������½����¯�¿�½������¯����¯�¿�½������¿����¯�¿�½������½����¯�¿�½���¯���¿���½������¯������¿������½����¯�¿�½���¯���¿���½����¯�¿�½������¢����¯�¿�½���¯���¿���½������¯������¿������½����¯�¿�½������¯����¯�¿�½������¿����¯�¿�½������½����¯�¿�½���¯���¿���½������¯������¿������½����¯�¿�½���¯���¿���½����¯�¿�½������¯����¯�¿�½���¯���¿���½������¯������¿������½����¯�¿�½������¯����¯�¿�½������¿����¯�¿�½������½����¯�¿�½���¯���¿���½������¯������¿������½����¯�¿�½���¯���¿���½����¯�¿�½������¿����¯�¿�½���¯���¿���½������¯������¿������½����¯�¿�½������¯����¯�¿�½������¿����¯�¿�½������½����¯�¿�½���¯���¿���½������¯������¿������½����¯�¿�½���¯���¿���½����¯�¿�½������½����¯�¿�½���¯���¿���½������¯������¿������½����¯�¿�½������¯����¯�¿�½������¿����¯�¿�½������½����¯�¿�½���¯���¿���½������¯������¿������½����¯�¿�½���¯���¿���½����¯�¿�½������¯����¯�¿�½���¯���¿���½������¯������¿������½����¯�¿�½������¯����¯�¿�½������¿����¯�¿�½������½����¯�¿�½���¯���¿���½������¯������¿������½����¯�¿�½���¯���¿���½����¯�¿�½������¿����¯�¿�½���¯���¿���½������¯������¿������½����¯�¿�½������¯����¯�¿�½������¿����¯�¿�½������½����¯�¿�½���¯���¿���½������¯������¿������½����¯�¿�½���¯���¿���½����¯�¿�½������½t been so easy! We at Metroplots.com recently launched an online home loan engine that will help potential property buyers out there to check their eligibility and get to know the property options available in Chennai to them. www.metroplots.com/news Fri, 05 Aug 2011 12:Aug:th 12AugIST www.metroplots.com%2Fnews An apartment, located in Mahalaxmi in Mumbai, measuring approximately 1,780 square feet, was leased by a major corporation for a monthly rental of Rs 1,95,000. The area is located centrally, giving access to established and new business districts, and is also well endowed with social and civic infrastructure. http://economictimes.indiatimes.com/markets/real-estate/news-/bangalore-flat-gets-rs-15-lakh-rent-a-month/articleshow/9489162.cms Fri, 05 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fbangalore-flat-gets-rs-15-lakh-rent-a-month%2Farticleshow%2F9489162.cms We all love to keep our house clean and tidy; we wish we find our fingers clean when we run them over a photo frame on the wall. Sadly, our busy lives are keep us occupied and we hardly find time to clean our rooms properly. www.metroplots.com/news Thu, 04 Aug 2011 18:Aug:th 18AugIST www.metroplots.com%2Fnews Till late last year, buying a property seemed wise decision. Prices were increasing every month and interest rates were low. Now, nine months later, the outlook of those on the lookout for a property has changed significantly. The giddy price rise that characterised the real estate markets in the middle of 2010 has now given way to some stability. Further, over the past year-and-a-half, the RBI has increased the policy rates 10 time http://economictimes.indiatimes.com/markets/real-estate/realty-trends/forget-the-rbi-raising-rates-when-buying-property-earlier-the-better/articleshow/9473954.cms Thu, 04 Aug 2011 09:Aug:th 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fforget-the-rbi-raising-rates-when-buying-property-earlier-the-better%2Farticleshow%2F9473954.cms Imagine a fire breaks out in your high raise apartment building, your family lives on the twentieth floor. Your neighbours are running out and screaming, it is a total chaos! As the heat and smoke from the fire begins to engulf your home, what will you do? www.metroplots.com/news Wed, 03 Aug 2011 17:Aug:rd 17AugIST www.metroplots.com%2Fnews Now everyone wants to own a villa or an apartment in spite of increasing home loan rates and escalating real estate prices. But the good news is that financial intuitions and banks are providing home loans at competitive rates that are helping prospective buys to make their dreams come true. www.metroplots.com/news Tue, 02 Aug 2011 15:Aug:nd 15AugIST www.metroplots.com%2Fnews "We will exhaust all our land after giving 5% to farmers. Prices in Noida are bound to rise as there will be no land to give to developers," said Balvinder Kumar, chairman, Noida Authority. To meet the rising demand for homes, offices and institutions, the authority will now have to consider enhancement of floor area ratio (FAR), he added. http://economictimes.indiatimes.com/markets/real-estate/news-/realty-prices-in-noida-may-rise-by-15/articleshow/9449742.cms Tue, 02 Aug 2011 09:Aug:nd 9AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Frealty-prices-in-noida-may-rise-by-15%2Farticleshow%2F9449742.cms Sachin Ramesh Tendulkar, one of the best batsmen in the history of cricket got his dream home designed by renowned architect, Javier Senosiain. http://www.metroplots.com/news Mon, 01 Aug 2011 18:Aug:st 18AugIST http%3A%2F%2Fwww.metroplots.com%2Fnews Over 50,000 flat buyers in the National Capital Region's Noida Extension area are spending sleepless nights after the recent court rulings, which have put their life's investments in jeopardy. While such a situation can be considered a rarity, there are many other smaller, but damaging, issues that can crop up between the time you book a house and move into it. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/real-estate-project-delays-some-of-the-options-available-to-buyers-to-sort-problems/articleshow/9419468.cms Mon, 01 Aug 2011 10:Aug:st 10AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Freal-estate-project-delays-some-of-the-options-available-to-buyers-to-sort-problems%2Farticleshow%2F9419468.cms Sriperumbudur is located in Kanchipuram district which is an industrial town in Tamil Nadu, located in proximity to Chennai. The town is known for the prominent Hindu saint Sri Ramanuja who was born here. www.metroplots.com/news Sat, 30 Jul 2011 13:Jul:th 13JulIST www.metroplots.com%2Fnews Mumbai's biggest commercial lease rental deal this year has come at huge discount than a year ago. Private sector bank YES Bank, through a lease agreement, has recently picked up the top six floors at one of the three buildings at Indiabulls Real Estate's commercial project Indiabulls Finance Center in Lower Parel at rental of Rs 125 per sq ft a month. http://economictimes.indiatimes.com/markets/real-estate/news-/yes-bank-indiabulls-real-estate-ink-lease-rental-agreement-at-a-huge-discount/articleshow/9416427.cms Sat, 30 Jul 2011 11:Jul:th 11JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fyes-bank-indiabulls-real-estate-ink-lease-rental-agreement-at-a-huge-discount%2Farticleshow%2F9416427.cms The entire concept of home insurance is completely a new concept for Indians. Have you ever wondered what will you be doing when your loving sweet home gets burgled, vandalized, burn downed due to a fire accident or get damaged in an earthquake? http://www.metroplots.com/news Fri, 29 Jul 2011 15:Jul:th 15JulIST http%3A%2F%2Fwww.metroplots.com%2Fnews If the assumptions change, your decision should change, too. Unfortunately, while you may put in a lot of research and effort in doing the calculations the first time around, most people are unable to devote the same amount of time on a regular basis to check if their initial assumptions still hold true. More importantly, what most calculators also miss are the intangible benefits of owning your own house. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/owning-a-property-makes-more-sense-than-staying-on-rent/articleshow/9401990.cms Fri, 29 Jul 2011 09:Jul:th 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fowning-a-property-makes-more-sense-than-staying-on-rent%2Farticleshow%2F9401990.cms It's been just two months since they started paying their home loan EMI and P Abhijit and wife Shiny are already looking at an increase of Rs 4,000. The two had carefully worked out their financials and decided that a home loan of Rs 25 lakh with an EMI of Rs 23,000 was something they could manage. "We knew it would be difficult, but we could do it together," says Abhijit, branch manager at a Malayalam daily. http://timesofindia.indiatimes.com/city/chennai/Nightmare-on-EMI-street-for-Chennaiites/articleshow/9391246.cms Thu, 28 Jul 2011 10:Jul:th 10JulIST http%3A%2F%2Ftimesofindia.indiatimes.com%2Fcity%2Fchennai%2FNightmare-on-EMI-street-for-Chennaiites%2Farticleshow%2F9391246.cms According to counsel Abha Sharma appearing for several flat owners, the decision would cause a liability ranging from Rs 2 lakh to Rs 3 lakh in stamp duty, which was the original cost of construction of houses in 1992. The high registration fees are a result of the real estate boom of the last decade. For instance, a three-bedroom flat in Noida that cost Rs 11 lakh just 10 years ago now costs at least Rs 60 lakh. http://economictimes.indiatimes.com/markets/real-estate/news-/supreme-court-orders-co-op-flat-owners-in-noida-to-register-flats-as-per-new-circle-rates/articleshow/9391981.cms Thu, 28 Jul 2011 10:Jul:th 10JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fsupreme-court-orders-co-op-flat-owners-in-noida-to-register-flats-as-per-new-circle-rates%2Farticleshow%2F9391981.cms Who told you that you need to buy expensive crystal bowls, oil paintings, wall hangings from Egypt and ceramics from Istanbul to decorate your home? Hope your remember the words "Reduce, Reuse and Recycle", www.metroplots.com/news Wed, 27 Jul 2011 14:Jul:th 14JulIST www.metroplots.com%2Fnews Use translucent window screens like lace curtains to let the light enter your home. Roll your costly carpets safely in a plastic sheet and use washable and moisture-resistant acrylic carpets. You can also decorate with bamboo or coir mat. Use waterproof doormats and designate a specific area near the veranda to keep all the wet rain coats and umbrellas to reduce mud coming inside. http://www.metroplots.com/news Wed, 27 Jul 2011 10:Jul:th 10JulIST http%3A%2F%2Fwww.metroplots.com%2Fnews Property prices are expected to correct around 20% as realty developers may not be able to hold on to the current prices following the Reserve Bank of India's liquidity tightening move to increase repo and reverse repo rates by 50 basis points (bps) each. On Tuesday,RBI raised its benchmark short-term lending rates by 50 bps each. This was the 11th successive hike by the central bank since October 2009, pushing the rate cumulatively by 325 bps. http://economictimes.indiatimes.com/markets/real-estate/news-/realty-developers-will-be-forced-to-cut-property-prices-by-20-after-rbi-rate-hike/articleshow/9378357.cms Wed, 27 Jul 2011 09:Jul:th 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Frealty-developers-will-be-forced-to-cut-property-prices-by-20-after-rbi-rate-hike%2Farticleshow%2F9378357.cms Whenever we are planning to apply for a home loan, there is confusion what kind of interest to choose, should I go for fixed or floating interest? www.metroplots.com/news Tue, 26 Jul 2011 17:Jul:th 17JulIST www.metroplots.com%2Fnews WithAllahabad High Court likely to pronounce its verdict on Noida Extension farmers' appeals against land acquisition on Tuesday, thousands of homebuyers are on tenterhooks. At stake are the fate of entire Noida Extension and the confidence of homebuyers, already rattled by adverse verdicts in the Shahberi and Patwari village cases this month. http://economictimes.indiatimes.com/markets/real-estate/news-/all-eyes-on-make-or-break-verdict/articleshow/9367233.cms Tue, 26 Jul 2011 09:Jul:th 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fall-eyes-on-make-or-break-verdict%2Farticleshow%2F9367233.cms When we think of Kerala, we are reminded of the greenery, steaming hot puttu and their beautiful homes! Kerala architecture is very unique and completely contrast to Dravidian architecture, but somewhat close to Oriental architecture. www.metroplots.com/news Mon, 25 Jul 2011 15:Jul:th 15JulIST www.metroplots.com%2Fnews The Confederation of Real Estate Developers'Association of India (CREDAI), an apex body of organised real estate developers in the country, has estimated that the sector will face afunding gap to the tune of USD 70 billion over the next five years. http://economictimes.indiatimes.com/articleshow/9352748.cms Mon, 25 Jul 2011 10:Jul:th 10JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Farticleshow%2F9352748.cms Mahindra World City is a public-private initiative, promoted by the Mahindra Group and Government of Tamil Nadu Enterprise (TIDCO). Mahindra World City is said to be Indiaâ��s first Special Economic Zone (SEZ) which is under operational. www.metroplots.com/news Sat, 23 Jul 2011 13:Jul:rd 13JulIST www.metroplots.com%2Fnews A mahapanchayat of farmers is scheduled for Sunday and on Monday they plan to reach the court with their petition. The merit of the farmers` demands apart, the spread of their agitation to areas where thousands of middle-class investors have sunk in their life savings for getting a home is creating a crisis which might not only badly burn the investors but might also cripple the real estate industry. http://economictimes.indiatimes.com/markets/real-estate/news-/after-noida-extension-now-farmers-seek-higher-payout-for-land-in-noida/articleshow/9333446.cms Sat, 23 Jul 2011 12:Jul:rd 12JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fafter-noida-extension-now-farmers-seek-higher-payout-for-land-in-noida%2Farticleshow%2F9333446.cms The inter-ministerial decision making body on SEZs, the board of approval, gave its nod to the proposed withdrawal of the projects that were to come up in Uttar Pradesh, Rajasthan, Haryana, Tamil Nadu and Maharashtra. The BoA also decided to give more time to 45 developers including Navi Mumbai SEZ , the Raheja group and G P Realtors to implement their projects. http://economictimes.indiatimes.com/markets/real-estate/news-/parsvanath-group-pulls-out-of-six-special-economic-zone-projects/articleshow/9325478.cms Sat, 23 Jul 2011 09:Jul:rd 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fparsvanath-group-pulls-out-of-six-special-economic-zone-projects%2Farticleshow%2F9325478.cms Vastu which was once restricted to temples was revived by V. Ganapathi Sthapati of Chennai to the modern forms of architecture. Vastu has many principles followed like it involves mathematical calculation, Manna used for proportional relationship in a building. Vastu is all about science related to building arts and not furniture moving, placing of yantras and so on. http://www.metroplots.com/news Fri, 22 Jul 2011 17:Jul:nd 17JulIST http%3A%2F%2Fwww.metroplots.com%2Fnews When it comes to furnishing your new home, then curtains are a must! Gone are the days when they were used like a shied from blazing Chennai heat and weird neighbours who are staring! www.metroplots.com/news Fri, 22 Jul 2011 17:Jul:nd 17JulIST www.metroplots.com%2Fnews Bangalore-based property developer Prestige had entered into mass housing segment. Largely known as premium property developer offering houses upward of Rs 40 lakh, the company entered housing starting from Rs 20 lakh onward to cater to the growing demand from mid-income segment. "There is latent demand in this segment and we had already sold out some 500 units," said Irfan Razack , chairman and managing director , Prestige Estate Projects http://economictimes.indiatimes.com/markets/real-estate/news-/mid-segment-housing-is-witnessing-a-boom-again/articleshow/9317035.cms Fri, 22 Jul 2011 09:Jul:nd 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fmid-segment-housing-is-witnessing-a-boom-again%2Farticleshow%2F9317035.cms Bamboo furniture is sure to make your home the most beautiful place on earth! Bamboo accessories and furniture are cheaper, easy to maintain and they are great for indoor and outdoor. www.metroplots.com/news Thu, 21 Jul 2011 15:Jul:st 15JulIST www.metroplots.com%2Fnews Property sales volume in the country's hottest property market Mumbai declined for the 11th month in a row as rising interest rates and no major price corrections are forcing buyers to keep their home buy plans on hold. In June, property registration offices in Mumbai witnessed 27% year-on-year decline in sales to 4,683. On a monthly basis, sales volume is down about 11% and close to two-year low. http://economictimes.indiatimes.com/markets/real-estate/news-/mumbai-property-sales-registration-down-27-in-june-at-2-year-low/articleshow/9300659.cms Thu, 21 Jul 2011 09:Jul:st 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fmumbai-property-sales-registration-down-27-in-june-at-2-year-low%2Farticleshow%2F9300659.cms Having your own security system gives you peace of mind, especially when you leave your children or elders alone at home. www.metroplots.com/news Wed, 20 Jul 2011 13:Jul:th 13JulIST www.metroplots.com%2Fnews Property holders across India may get a unique identity number, or UID, for their real estate, as a working group set up by the ministry of urban development has suggested doing away with the current system of registration and transfer of property. Such a move is expected to not only streamline and organise India's outdated land records, but also reduce the burden on courts by enabling faster resolution of property disputes. http://economictimes.indiatimes.com/markets/real-estate/news-/uid-to-streamline-and-organise-outdated-land-records/articleshow/9291597.cms Wed, 20 Jul 2011 09:Jul:th 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fuid-to-streamline-and-organise-outdated-land-records%2Farticleshow%2F9291597.cms Today we live in such a noise-polluted world, roads are overflowing with honking cars and buses, political parties and temples rent the biggest speakers for their programmes, the disturbance is often unbearable and those cotton plugs never help! www.metroplots.com/news Tue, 19 Jul 2011 16:Jul:th 16JulIST www.metroplots.com%2Fnews Gone are the days when our parents used to get vegetables at Rs 50/-, fuel was not more than Rs 45/- per litre, gold was never more than Rs 800/- As of today July 19, 2011, the value of gold is Rs 2334/- per gram, petrol is Rs 67.50/- per litre. Name any product in the market, there is a price hike. http://metroplots.com/news/ Tue, 19 Jul 2011 15:Jul:th 15JulIST http%3A%2F%2Fmetroplots.com%2Fnews%2F In a similar instance, IRB Infrastructure had quoted a premium of 309.60 crore for the upgradation of existing section of NH-8 between Ahmedabad and Vadodara from existing two-lane highway to a six-lane super expressway, which will increase by 5% year-on-year. The 3,600-crore project will be implemented on DBFOT basis and has a concession period of twenty-five year. http://economictimes.indiatimes.com/markets/real-estate/news-/infrastructure-cos-make-astronomical-bids-to-shore-up-order-books-and-share-valuations/articleshow/9277987.cms Tue, 19 Jul 2011 10:Jul:th 10JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Finfrastructure-cos-make-astronomical-bids-to-shore-up-order-books-and-share-valuations%2Farticleshow%2F9277987.cms The Chettinad style of houses originated from the Nattukottai Chettiar community in Tamil Nadu, India., these style of houses are found in nearly seventy five villages in Sivagangai, Pudukotta, Karaikudi and Ramnad district. www.metroplots.com/news Mon, 18 Jul 2011 16:Jul:th 16JulIST www.metroplots.com%2Fnews The Mahindra Group's real estate arm will pay close to Rs 270 crore to acquire a three-storey bungalow on south Mumbai's Nepean Sea Road in which Vice-Chairman and Managing Director Anand Mahindra was born and lives as a tenant. The bungalow, named Gulistan, occupies around 13,000 square feet of land opposite Priyadarshini Park and is owned by a special purpose vehicle set up by one of Mumbai's top builders, Orbit Corporation . Rishi Gagan Trust, whose beneficiary is businessman Om Navani, also has a small stake. http://economictimes.indiatimes.com/markets/real-estate/news-/mahindra-group-to-buy-out-mumbais-nepean-sea-road-bungalow-gulistan-for-rs-270-crore/articleshow/9263829.cms Mon, 18 Jul 2011 09:Jul:th 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fmahindra-group-to-buy-out-mumbais-nepean-sea-road-bungalow-gulistan-for-rs-270-crore%2Farticleshow%2F9263829.cms A majority of ultra HNIs--some define them as those with a net worth of over Rs 100 crore while others as those with a networth of over Rs 25 crore-are mandating what are called family offices to help them cherry pick grade 'A' commercial properties. Family offices are specialized financial firms managing investments and trusts of wealthy clients. http://economictimes.indiatimes.com/markets/real-estate/news-/hnis-betting-their-money-on-commercial-real-estate/articleshow/9243391.cms Sat, 16 Jul 2011 09:Jul:th 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fhnis-betting-their-money-on-commercial-real-estate%2Farticleshow%2F9243391.cms Once you move to your new apartment or villa and finished with arranging all you stuffs, it is time to explore the neighbourhood. So how do you break the ice? www.metroplots.com/news Fri, 15 Jul 2011 16:Jul:th 16JulIST www.metroplots.com%2Fnews "We welcome the verdict of the Supreme Court, but what about the people who have booked flats in projects that are now locked in litigation? The court verdict can swing either way," said Alok Gupta, a business analyst who has booked a two-bedroom flat in Panchsheel Greens-I . "Refund is the last choice for us because several middle-income families, in dire need of houses, had booked flats in Noida Extension for staying there and not as an investment in property," said Gupta. http://economictimes.indiatimes.com/markets/real-estate/news-/fear-of-litigation-worries-buyers-in-noida-extention/articleshow/9220410.cms Fri, 15 Jul 2011 09:Jul:th 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Ffear-of-litigation-worries-buyers-in-noida-extention%2Farticleshow%2F9220410.cms Buying an apartment could be a difficult task, but when you do your home work and with the right guidance, then choosing the right home is easy. www.metroplots.com/news Thu, 14 Jul 2011 16:Jul:th 16JulIST www.metroplots.com%2Fnews In what will be music to the ears of homebuyers buffeted with bad news since last Thursday , farmers in the Noida Extension area on Tuesday announced that they simply wanted a better deal for their land , not the land itself. Striking a sympathetic note for investors , the farmers also said they wanted a solution to the crisis that would not hurt homebuyers . http://economictimes.indiatimes.com/markets/real-estate/news-/greater-noida-farmers-blink-want-more-money-not-land/articleshow/9209626.cms Thu, 14 Jul 2011 10:Jul:th 10JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fgreater-noida-farmers-blink-want-more-money-not-land%2Farticleshow%2F9209626.cms It doesn't matter if you want a simple apartment or luxurious villa, the entre stretch on Chennai IT corridor continues to boom and many people consider this stretch as the best place to invest. The IT corridor is now the hub of residential property development. www.metroplots.com/news Wed, 13 Jul 2011 17:Jul:th 17JulIST www.metroplots.com%2Fnews The land agency is constructing 22,000 lower income group (LIG) flats in Rohini and Narela and 19,000-odd flats for the economically weaker sections (EWS) in Rohini , Dwarka and Narela. In a first, the agency is using the prefabricated technique to construct these housing complexes . The technique ensures that the pre-casting of walls, columns and assembling of flats takes place at the site itself. http://economictimes.indiatimes.com/markets/real-estate/news-/now-dda-to-offer-low-priced-flats/articleshow/9206104.cms Wed, 13 Jul 2011 09:Jul:th 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fnow-dda-to-offer-low-priced-flats%2Farticleshow%2F9206104.cms Antilia belongs to the Chairman of Reliance Industries, Mukesh Ambani which is considered to be the most expensive home in the world! It is now considered to be the Taj Mahal of 21st century India. www.metroplots.com/news Tue, 12 Jul 2011 17:Jul:th 17JulIST www.metroplots.com%2Fnews Over 5,000 middleclass flat buyers in Noida Extension are staring at an abyss. They are the wronged ones as the bottom has been knocked out of their dream house because of a conspiracy of silence between the Greater Noida Industrial Development Authority and the builders. Neither told the buyers that the land was the subject of a court dispute. Now, the buyers face a dilemma . Either, they will have to bear the interest burden on the loans they had taken from the banks or agree to the terms of the very builders who misled them for transferring them to a new project. http://economictimes.indiatimes.com/markets/real-estate/news-/builders-banks-pass-buck-greater-noida-buyers-left-in-lurch/articleshow/9193809.cms Tue, 12 Jul 2011 09:Jul:th 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fbuilders-banks-pass-buck-greater-noida-buyers-left-in-lurch%2Farticleshow%2F9193809.cms The increase in land and house prices has created growing problems of affordability across the housing systems in the country, particularly for those trying to become homeowners. At the same time, increasing costs puts pressure on traditional government funding sources both to provide additional affordable housing and to support households with their housing costs. http://metroplots.com/news Mon, 11 Jul 2011 16:Jul:th 16JulIST http%3A%2F%2Fmetroplots.com%2Fnews Many children spend a minimum of 3 hours alone in their homes till their parent turn back from work. When you have bought a new home and you are a parent, then it is sure that you would have this question on your mind: �¢ï¿½ï¿½Will my kid be safe at this new place?�¢ï¿½ï¿½ www.metroplots.com/news Mon, 11 Jul 2011 15:Jul:th 15JulIST www.metroplots.com%2Fnews International Finance Corporation , the private investment arm of the World Bank, will soon enter the low-cost housing segment in India. The corporation is currently evaluating models such as tying up with developers, entering into public-private partnership with state governments and infusing money into a fund dedicated for affordable housing to give boost to its maiden housing venture in India. http://economictimes.indiatimes.com/markets/real-estate/news-/international-finance-commission-to-enter-low-cost-housing-business-to-invest-in-projects-in-ncr-ahmedabad-bangalore-kolkata/articleshow/9179741.cms Mon, 11 Jul 2011 09:Jul:th 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Finternational-finance-commission-to-enter-low-cost-housing-business-to-invest-in-projects-in-ncr-ahmedabad-bangalore-kolkata%2Farticleshow%2F9179741.cms The Old Mahabalipuram Road (OMR) is also called as the Rajiv Gandhi Salai or popularly known as the �IT Corridor� is a major road in suburban Chennai, starting from Madhya Kailash temple at Adyar till the south of Mahabalipuram, eventually merging with East Coast Road. OMR is known as the IT Corridor because it is a home for many IT/ITES companies. http://metroplots.com/news Sat, 09 Jul 2011 11:Jul:th 11JulIST http%3A%2F%2Fmetroplots.com%2Fnews Greater Noida Industrial Development Authority (GNIDA) on Friday said consumers will have to pay much more for properties in the region in future after the Supreme Court disallowed acquisition of 176 hectares of land from farmers. The authority also said it will return the land to the affected farmers as per the apex court ruling and will strictly follow the new land acquisition policy of Uttar Pradesh in acquiring land for future projects. http://economictimes.indiatimes.com/markets/real-estate/news-/property-prices-in-greater-noida-to-increase-sharply-gnida/articleshow/9149802.cms Sat, 09 Jul 2011 09:Jul:th 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fproperty-prices-in-greater-noida-to-increase-sharply-gnida%2Farticleshow%2F9149802.cms When you buy a new home, the whole family will be super excited about various things, like what furniture to buy, where to place the wall hangings and the list goes on. But none of us would like the strong smell of paint, varnish and toxic floor polish when you enter the house, many just can�t stand the irritating smell. http://metroplots.com/news Fri, 08 Jul 2011 14:Jul:th 14JulIST http%3A%2F%2Fmetroplots.com%2Fnews Homes for the low-income group have run aground with buyers in that category , mostly from the unorganised sectors , unable to get home loans even as builders grapple rising costs of debt, land, labour and construction. Plans of several builders to launch affordable housing projects are increasingly getting re-engineered and replaced by mid-to-high end projects, which yield more returns. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/lodha-developers-and-indiabulls-real-estate-pull-out-of-affordable-housing-projects/articleshow/9145911.cms Fri, 08 Jul 2011 09:Jul:th 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Flodha-developers-and-indiabulls-real-estate-pull-out-of-affordable-housing-projects%2Farticleshow%2F9145911.cms However when it comes to moving your stuffs to a new home can be a chaos and a nightmare! Here are some tips that will help you in packing and moving to your new home without hassle. http://metroplots.com/news Thu, 07 Jul 2011 12:Jul:th 12JulIST http%3A%2F%2Fmetroplots.com%2Fnews Sajjan Jindal, the owner of India's third-largest steel company by revenues, will soon move into a sea-facing bungalow with a sprawling porch and a large garden on south Mumbai's Nepean Sea Road. He has acquired a three-storey bungalow spread over an acre for Rs 400 crore, in what is possibly the priciest deal for a home in India. Another deal, this time with Jindal as a seller, is also in the works with the owner of Jindal South-West, whose domestic steelmaking capacity is ahead of Tata Steel and neck and neck with state-run SAIL, is simultaneously trying to sell a mansion on Carmichael Road. The three-storey bungalow, Maheshwari House, is close to Consulate General of the Russian Federation. http://economictimes.indiatimes.com/markets/real-estate/news-/jsw-steel-owner-sajjan-jindal-buys-indias-costliest-house-for-rs-400-crore-on-south-mumbais-nepean-sea-road/articleshow/9130230.cms Thu, 07 Jul 2011 09:Jul:th 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fjsw-steel-owner-sajjan-jindal-buys-indias-costliest-house-for-rs-400-crore-on-south-mumbais-nepean-sea-road%2Farticleshow%2F9130230.cms Chennai is an amazing city to live, it is less polluted than other cities, beaches are cleaner and have numerous trees and parks. Chennai being a real estate hub, it is one of the fastest developing cities in the world. But how can we make our homes and offices greener and do our part to make the city eco-friendly? http://metroplots.com/news Wed, 06 Jul 2011 11:Jul:th 11JulIST http%3A%2F%2Fmetroplots.com%2Fnews The builder lobby which has till date cocked a snook at the Civic Body's attempts to stop malpractices in the real estate sector, will now have a tough law to deal with. This monsoon session, the government is planning to introduce a new consumer-friendly policy that aims to put developers on a tight leash while forcing them to sell homes on the basis of carpet area only. http://economictimes.indiatimes.com/markets/real-estate/news-/governments-orders-pay-only-for-carpet-area-not-super-built-up/articleshow/9108782.cms Wed, 06 Jul 2011 10:Jul:th 10JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fgovernments-orders-pay-only-for-carpet-area-not-super-built-up%2Farticleshow%2F9108782.cms Standard & Poor, a financial rating service recently said that the increasing real estate prices at some parts of India might bring credit risk for banks. In an industry report, the global rating agency mentioned that, a steady retail deposit base and a wise regulatory environment supports the industry's creditworthiness. http://metroplots.com/news Tue, 05 Jul 2011 16:Jul:th 16JulIST http%3A%2F%2Fmetroplots.com%2Fnews A dream of owning a home does not end at buying but also ensuring its safety. As once quoted by William Shakespeare, "Out of this nettle, danger, we pluck this flower, safety". all that one needs is to be safe and live a peaceful life. But where can we seek this flower of safety? http://metroplots.com/news Tue, 05 Jul 2011 12:Jul:th 12JulIST http%3A%2F%2Fmetroplots.com%2Fnews Real estate developer Emaar MGF on Monday said it has posted a net loss of Rs 205.94 crore for the year ended March 31, 2011, mainly on account of selling its hospitality project in Kolkata at discount. The company had posted a net profit of Rs 73.81 crore in the previous financial year, Emaar MGF said in a filing to the Bombay Stock Exchange (BSE). The total income of the firm also declined by 1.25 per cent to Rs 1,053.70 crore in 2010-11 from Rs 1,067.07 crore in 2009-10, it added. http://economictimes.indiatimes.com/markets/real-estate/news-/emaar-mgf-records-rs-206-cr-loss-in-fy11-sells-hotel-project/articleshow/9101955.cms Tue, 05 Jul 2011 09:Jul:th 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Femaar-mgf-records-rs-206-cr-loss-in-fy11-sells-hotel-project%2Farticleshow%2F9101955.cms Owing to the last ten hikes by RBI, EMIs for housing loans have gone up by 25% to Rs 980 per Rs 1 lakh of borrowing, and consequently loan eligibility for buyers has come down by 20% Mon, 04 Jul 2011 19:Jul:th 19JulIST Star-ratings give buyers an overall view of the quality of the projects depending upon on various aspects, which will help buyers choose the best. These ratings are done for all projects, such as commercial malls, residential apartments, villas and townships. Mon, 04 Jul 2011 18:Jul:th 18JulIST The increasing construction costs are expected to hit the real estate sector, says PropEquity, an online data and analytics search platform covering the Indian real estate industry, in a recent study. "Taking into account price increase of the four key construction components - steel, cement, labour and bricks - there is an 18 per cent gross rise in construction cost over the last 2 years (2011 over 2009). This escalation will corrode the profit margins significantly," PropEquity study says. http://economictimes.indiatimes.com/markets/real-estate/news-/real-estate-sector-to-be-hit-as-construction-costs-up-18-pc/articleshow/9087197.cms Mon, 04 Jul 2011 09:Jul:th 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Freal-estate-sector-to-be-hit-as-construction-costs-up-18-pc%2Farticleshow%2F9087197.cms Builders are tapping domestic private equity funds and non-banking finance companies (NBFCs) to raise cash by pledging their receivables as banks turn wary of financing construction projects. Over the last few months, several developers, including Parsvnath, Emaar-MGF, Adarsh and Ansal Properties , have struck such deals. The latest to take this route is Paras Buildtech, which has raised .`40 crore from Xander's NBFC arm to fasttrack its 'Paras Tierea' project in Noida, which is already 70% sold. "We needed to bridge the gap between customer advances and our construction requirement," said Harindra Nagar, director of national capital region-based Paras Buildtech. http://economictimes.indiatimes.com/markets/real-estate/news-/real-estate-companies-tap-pes-nbfcs-for-capital-need/articleshow/9072195.cms Sat, 02 Jul 2011 09:Jul:nd 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Freal-estate-companies-tap-pes-nbfcs-for-capital-need%2Farticleshow%2F9072195.cms The country's largest realty company DLF today sold 400 plots worth about Rs 700 crore in Gurgaon . The company today launched these plots at a basic selling price of Rs 40,000 per sq yard. The size of the plots varies from 300 sq yard to 500 sq yard. http://economictimes.indiatimes.com/markets/real-estate/news-/dlf-sells-400-plots-worth-rs-700-crore/articleshow/9053135.cms Fri, 01 Jul 2011 09:Jul:st 9JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdlf-sells-400-plots-worth-rs-700-crore%2Farticleshow%2F9053135.cms The union cabinet is expected to approve amendments to the law on benami property law on Thursday to demonstrate its seriousness in fighting the menace of black money. The amendments to the Benami Transaction (Prohibition Act) will give the government the power to confiscate any property that is declared as benami, or held in the name of a person who has not paid the consideration for the property. http://economictimes.indiatimes.com/markets/real-estate/news-/government-may-approve-benami-property-act-changes-today-to-fight-against-black-money/articleshow/9045436.cms Thu, 30 Jun 2011 10:Jun:th 10JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fgovernment-may-approve-benami-property-act-changes-today-to-fight-against-black-money%2Farticleshow%2F9045436.cms High-rise construction specialist BE Billimoria & Co has bagged the contract to construct Noida .based developer Supertech's flagship project, North Eye in Noida. The contract is worth Rs 500 crore to build north India's tallest residential project at 255 metres and 60 floors. The building will have a total area of 2.1 million sq ft. http://economictimes.indiatimes.com/markets/real-estate/news-/be-billimoria-bags-rs-500-cr-construction-contract/articleshow/9026268.cms Wed, 29 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fbe-billimoria-bags-rs-500-cr-construction-contract%2Farticleshow%2F9026268.cms From this office and 279 more across India, PACL runs an operation that the Securities and Exchange Board of India (Sebi) deems illegal because it considers it a collective investment scheme in the garb of a real estate company. But the final word has not yet been said about what kind of an animal PACL actually is. That dispute will be settled by the Supreme Court, where the case has lain for eight long years. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/rs-20000-crore-deposits-land-bank-the-size-of-bangalore-realtor-pacls-illegal-schemes-may-drown-millions-money/articleshow/9020795.cms Tue, 28 Jun 2011 10:Jun:th 10JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Frs-20000-crore-deposits-land-bank-the-size-of-bangalore-realtor-pacls-illegal-schemes-may-drown-millions-money%2Farticleshow%2F9020795.cms DTZ Property Advisors, an investment advisory agency, director investment Ambar Maheshwari had quit the organisation. Maheshwari, who had spent more than four years with the real estate consultancy firm would join Jones Lang LaSalle as managing director, corporate finance later this month. http://economictimes.indiatimes.com/markets/real-estate/news-/ambar-maheshwari-quits-dtz-property-advisors/articleshow/9000813.cms Mon, 27 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fambar-maheshwari-quits-dtz-property-advisors%2Farticleshow%2F9000813.cms The country's real estate sector and construction industry are faced with an acute labour crunch, which is impacting delivery of projects and cost escalations, Adi Godrej , chairman of Godrej group, said. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/labour-crunch-for-real-estate-more-technology-required-adi-godrej/articleshow/8984742.cms Sat, 25 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Flabour-crunch-for-real-estate-more-technology-required-adi-godrej%2Farticleshow%2F8984742.cms Mukesh Ambani's Reliance Industries is in advanced talks with Wadhwa Group to jointly develop the 17 acre BKC plot meant for a large convention center, sources said. Wadhwa Group is expected to buy equity in the project for close to Rs 2000 crores from RIL. The joint venture partners are expected to build a large convention center on that plot over 1 mn sq ft of developable area. http://economictimes.indiatimes.com/markets/real-estate/news-/ril-in-talks-with-wadhwa-for-developing-convention-center-at-bandra-kurla-complex/articleshow/8949898.cms Fri, 24 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fril-in-talks-with-wadhwa-for-developing-convention-center-at-bandra-kurla-complex%2Farticleshow%2F8949898.cms According to a research report by Crisil Research , large builders like DLF , Unitech , Parsvnath , Omaxe , Ansals and Emaar MGF have already diversified into these cities, with an eye on future growth. These cities today show huge potential for growth, with 2011-12 itself expected to generate sales of Rs 18,000 crore. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/realty-biggies-attracted-towards-small-cities-for-growth/articleshow/8957859.cms Thu, 23 Jun 2011 09:Jun:rd 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Frealty-biggies-attracted-towards-small-cities-for-growth%2Farticleshow%2F8957859.cms The recent announcement by RBI to increase the interest rate by 25 basis points has sent a shock wave among many property buyers. Especially when the industry is flourishing so well and the builders are promising for a sophisticated style of living!! What is the reason for RBI to do so? If this is the question that is lingering in your mind right now, this answer may help you. http://metroplots.com/news Wed, 22 Jun 2011 17:Jun:nd 17JunIST http%3A%2F%2Fmetroplots.com%2Fnews Century Real Estate had launched first luxury villa township Century Istana in Bangalore. This high-end project is spread over 68 acres at Devanahalli and be and the villas will be priced between Rs 2.5 and Rs 4.5 crore each. The gated project will have 120 villas ranging between 4,000 sqft and 5500 sqft. Other than the villas, the project would have a tech Park and mall with multiplex. Further, there would be Leander Paes Sports Academy, a resort by Royal Orchid Group and a 200-bed hospital by Manipal Group. http://economictimes.indiatimes.com/markets/real-estate/news-/century-real-estate-unveils-luxury-villa-township-in-bangalore/articleshow/8941230.cms Wed, 22 Jun 2011 09:Jun:nd 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fcentury-real-estate-unveils-luxury-villa-township-in-bangalore%2Farticleshow%2F8941230.cms Textile major Mafatlal Indutries has sold its 7-acre land parcel next to Byculla zoo in the central part of Mumbai to Ajay Piramal group company Piramal Realty .s subsidiary Gliders Buildcon LLP for Rs 605.80 crore. In July last year, the Arvind Mafatlal Group company had started the process of selling half of the total 14.4-acre plot with a reserve price of Rs 1,000 crore. http://economictimes.indiatimes.com/markets/real-estate/news-/mafatlal-industries-sells-7-acre-mumbai-land-to-piramal-realty-for-rs-605-crore/articleshow/8902523.cms Tue, 21 Jun 2011 09:Jun:st 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fmafatlal-industries-sells-7-acre-mumbai-land-to-piramal-realty-for-rs-605-crore%2Farticleshow%2F8902523.cms Private equity firm ICICI Venture is raising Rs 750-1,000 crore for its new domestic fund India Advantage Fund Real Estate Series 2, which is expected to close in the next 6-9 months. The first close of the fund will happen in the next two months, after which ICICI Venture may start investing from the fund. http://economictimes.indiatimes.com/markets/real-estate/news-/icici-venture-raising-upto-rs-1000-crore-to-invest-in-mid-income-housing/articleshow/8902650.cms Mon, 20 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Ficici-venture-raising-upto-rs-1000-crore-to-invest-in-mid-income-housing%2Farticleshow%2F8902650.cms Housing prices may rise by 5-10 per cent in the next 3-6 months as the cost of funds for developers is expected to increase following the Reserve Bank of India's decision to raise key policy rates by 25 basis points. "Property prices are bound to go up in next 3-6 months by 5-10 per cent across the country," Confederation of Real Estate Developers' Associations of India (CREDAI) Chairman Pradeep Jain told PTI. http://economictimes.indiatimes.com/markets/real-estate/news-/housing-prices-may-go-up-by-5-10-with-rising-interest-rates/articleshow/8875239.cms Sat, 18 Jun 2011 10:Jun:th 10JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fhousing-prices-may-go-up-by-5-10-with-rising-interest-rates%2Farticleshow%2F8875239.cms A 25 basis point increase in key interest rates by the Reserve Bank of India on Thursday is likely to further squeeze home sales across the country, some developers and bankers said, amid apprehensions that banks may increase home loan rates again. "Purchasing activity had already dropped visibly during the last tranche of interest rate hikes, and we will see a further drop in buyer interest now," said Anuj Puri, chairman of property consultancy Jones Lang LaSalle India . http://economictimes.indiatimes.com/markets/real-estate/realty-trends/home-sales-may-squeeze-more-as-loan-rates-rises/articleshow/8883164.cms Fri, 17 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fhome-sales-may-squeeze-more-as-loan-rates-rises%2Farticleshow%2F8883164.cms Bangalore-based builder, Century Real Estate Holdings, is in talks with Morgan Stanley and Baring Private Equity Partners for a 20% stake dilution that would help it raise Rs 700 crore as it looks to ramp up property development. "The private equity funds are carrying out due diligence and the deal is expected to be closed by July," a person familiar with the development, said. "It will be a structured deal which includes private placement of non-convertible debentures (NCDs) and equity." http://economictimes.indiatimes.com/markets/real-estate/news-/century-in-talks-with-morgan-stanley-baring-to-sell-20-stake-for-rs-700-cr/articleshow/8870880.cms Thu, 16 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fcentury-in-talks-with-morgan-stanley-baring-to-sell-20-stake-for-rs-700-cr%2Farticleshow%2F8870880.cms Bangalore has joined with other Indian cities that are witnessing a growth in real estate. The tremendous growth has pushed Bangalore as a hot spot for real estate investment because of the increase in the number of IT, ITES and manufacturing industries that have set up offices in the city. The increase in the earning capacity of families and individuals is another reason for the increase in demand for real estate, thus making Bangalore the most sought after destination for property investment. http://metroplots.com/news/ Wed, 15 Jun 2011 19:Jun:th 19JunIST http%3A%2F%2Fmetroplots.com%2Fnews%2F In a step that could lift the veil of secrecy surrounding the process of construction projects, chief minister Prithviraj Chavan on Monday inaugurated a web-based portal for issuing clearances for new building plans. http://economictimes.indiatimes.com/markets/real-estate/news-/maharashtra-govt-launches-e-portal-for-building-plans/articleshow/8847538.cms Wed, 15 Jun 2011 13:Jun:th 13JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fmaharashtra-govt-launches-e-portal-for-building-plans%2Farticleshow%2F8847538.cms Monsoon Capital, a US-based private equity firm, picked up 50 per cent equity stake for nearly USD 16 million in a real estate project promoted by Phoenix Group, a city-based real and infrastructure firm. Monsoon picked up stake in a special purpose vehicle formed to execute Golf Edge - a property of one-million square feet comprising a five star hotel and residential complexes involving an investment of Rs 350 crore at Gachibowli, the IT district of Hyderabad. http://economictimes.indiatimes.com/markets/real-estate/news-/monsoon-capital-buys-50pc-stake-in-us-based-phoenix-group/articleshow/8840923.cms Tue, 14 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fmonsoon-capital-buys-50pc-stake-in-us-based-phoenix-group%2Farticleshow%2F8840923.cms Builders attract investors a home with world-class amenities and features. Certain amenities are provided to all the buyers of the flat without charging any additional amount. They are not provided at the preference of the buyers but as a part of the scheme. Here, one has no option to reject the said amenities. The builder charges a pre-determined amount for all the buyers. If the property buyer prefers particular features for their home, they are charged under preferential location charges (PLC). http://metroplots.com/news/ Mon, 13 Jun 2011 17:Jun:th 17JunIST http%3A%2F%2Fmetroplots.com%2Fnews%2F Dubai's real estate watchdog cancelled as many as 217 registered property projects over the past two years after the burst of the property and asset bubble, according to information in a prospectus for Dubai's planned bond issue. The properties were unlikely to be completed, the Real Estate Regulatory Authority (RERA) determined, after a review of 450 projects in the emirate. It also said 237 were expected to be completed in due course. http://economictimes.indiatimes.com/markets/real-estate/news-/dubai-cancelled-over-200-property-projects-prospectus/articleshow/8824563.cms Mon, 13 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdubai-cancelled-over-200-property-projects-prospectus%2Farticleshow%2F8824563.cms The real estate industry has shown a massive growth from ancient to modern type of construction gradually moving from villages to cities in a country. This magnificent growth in the industry has ignited a new concept of building homes. Building Developers are coming up with a secured lifestyle acknowledged as gated community projects or micro- township projects. http://metroplots.com/news Sat, 11 Jun 2011 13:Jun:th 13JunIST http%3A%2F%2Fmetroplots.com%2Fnews he draft of the new central Real Estate Regulation Bill 2011 has been sent to the union law ministry for its comments and clearance, SK Singh, joint secretary in the ministry of housing and urban poverty alleviation said at a CII conference. http://economictimes.indiatimes.com/markets/real-estate/news-/real-estate-regulation-bill-sent-to-law-min-for-comments/articleshow/8805800.cms Sat, 11 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Freal-estate-regulation-bill-sent-to-law-min-for-comments%2Farticleshow%2F8805800.cms Gardencity project of DLF is designed in nature�s embrace township sprawled across 53.5 acres with large open spaces; Gardencity is like a breath of fresh air. A premium residential estate with an appealing Spanish style of architecture against a backdrop of fabulous gardens offering unparalleled lifestyle privileges such as having the prestigious PSBB Millennium School, Chennai's finest club and excellent shopping facilities within the residential estate. http://metroplots.com/news/ Fri, 10 Jun 2011 17:Jun:th 17JunIST http%3A%2F%2Fmetroplots.com%2Fnews%2F Customer loyalty has become one of the most important issues faced by businesses today. Unless companies can retain the loyalty of their customers, they will not be able to ensure repeat business and long-term future will be uncertain. http://metroplots.com/news/ Fri, 10 Jun 2011 15:Jun:th 15JunIST http%3A%2F%2Fmetroplots.com%2Fnews%2F You can start residing in a property by paying its complete price to the developer/seller through a home loan . However, to become a legal owner , you have to pay your stamp duty and the registration fees on the property, which varies from state to state. "Registration of the property is the last lap of the deal between the buyer and the seller. It is a full and final agreement signed between the two parties and once it is submitted at the local registrar's office, the buyer legally becomes the owner of the apartment," says Akshay Kulkarni, executive director, residential services, at real estate consultancy firm Cushman & Wakefield. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/buy-property-but-register-it-to-become-its-legal-owner/articleshow/8794680.cms Fri, 10 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fbuy-property-but-register-it-to-become-its-legal-owner%2Farticleshow%2F8794680.cms The thought that arises during the early stages of a working individual is about investing one�s savings into a fixed security for a profitable life. You can invest your money in many ways. The objective of deciding which investment vehicle one needs varies from person to person. An overview of few important points you should consider for investing your savings: http://metroplots.com/news/ Thu, 09 Jun 2011 16:Jun:th 16JunIST http%3A%2F%2Fmetroplots.com%2Fnews%2F Land crunch in Goa could force real estate developers in the state to look for better options elsewhere in the country, an investment advisory firm said on Wednesday. Speaking to reporters after announcing the opening of a Goa branch of the Neostar Posiview Capital Advisors (NPCA), the firm's managing director Vineet Deo said the obvious areas for real estate majors from Goa were Pune or coastal Maharashtra. http://economictimes.indiatimes.com/markets/real-estate/news-/land-crunch-could-force-goa-builders-to-look-outside/articleshow/8774122.cms Thu, 09 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fland-crunch-could-force-goa-builders-to-look-outside%2Farticleshow%2F8774122.cms Industrialist Sandeep Jajodia has bought a house in a tony part of south Delhi for Rs 170.18 crore ($38 million) for his family's use, the latest in the hard-to-crack world of bulge-bracket property deals. http://economictimes.indiatimes.com/markets/real-estate/news-/sandeep-jajodia-buys-house-for-rs-170-crore-in-south-delhi/articleshow/8767259.cms Wed, 08 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fsandeep-jajodia-buys-house-for-rs-170-crore-in-south-delhi%2Farticleshow%2F8767259.cms The 'high and mighty always manage to have their way' maybe a well-accepted fact in India, but a clutch of wealthy and powerful in Delhi are finding out that this usually accurate aphorism has its limits. http://economictimes.indiatimes.com/markets/real-estate/news-/cwg-flats-wealthy-and-powerful-buyers-paying-heavy-interest-for-games-flats/articleshow/8754054.cms Tue, 07 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fcwg-flats-wealthy-and-powerful-buyers-paying-heavy-interest-for-games-flats%2Farticleshow%2F8754054.cms While swanky residential complexes and retail razzmatazz have caught the public imagination, old crumbling buildings in the country are on a retrofitting spree. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/old-buildings-in-central-business-districts-opting-for-makeover/articleshow/8720402.cms Mon, 06 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fold-buildings-in-central-business-districts-opting-for-makeover%2Farticleshow%2F8720402.cms Bhopal Municipal Corporation has suspended the lay-out and building permissions granted to four builders/housing societies in the city for illegal constructions. http://economictimes.indiatimes.com/markets/real-estate/news-/bhopal-corporation-acts-against-builders/articleshow/8711829.cms Sat, 04 Jun 2011 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fbhopal-corporation-acts-against-builders%2Farticleshow%2F8711829.cms Unlike many of his counterparts in Mumbai and Delhi-NCR, Pankaj Ashok, proprietor of Ashoka Realty - a real estate brokerage firm in Patna - is a busy man these days. He recently cut deals with employees of Indian Oil Corp in Patna and Barauni to sell 50 apartments in Noida. The Noida-based builders showered Ashok with incentives including an LCD television and now, he is waiting for his car. Builders in big cities are turning to small-town brokers like Ashok to tap the rural rich, like lichee growers in Muzaffarpur, orchard owners in the hill towns and small entrepreneurs in Rajkot to help them stave a slide in sale of homes which began a year ago. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/city-realtors-turn-to-small-town-brokers-to-help-tide-over-crisis/articleshow/8704044.cms Fri, 03 Jun 2011 09:Jun:rd 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fcity-realtors-turn-to-small-town-brokers-to-help-tide-over-crisis%2Farticleshow%2F8704044.cms An overhaul of the legislative set-up could soon result in thousands of tenants now paying monthly rent of Rs 50 or 100 shelling out rentals that reflect market reality. The Model Residential Tenancy Act, 2011 prepared by the housing ministry is intended to replace archaic rent control legislations that capped rentals, resulting in landlords getting a pittance for properties in prime localities in metros. http://economictimes.indiatimes.com/markets/real-estate/news-/model-residential-tenancy-act-2011-to-ensure-rents-at-market-rates/articleshow/8657898.cms Thu, 02 Jun 2011 09:Jun:nd 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fmodel-residential-tenancy-act-2011-to-ensure-rents-at-market-rates%2Farticleshow%2F8657898.cms Goldman Sachs had reportedly offered Libyan officials a huge chunk of the firm's shares after it lost its investments in bank trades and currency baskets, it has emerged. In 2008, Libya's wealth fund, controlled by dictator Muammar Gaddafi , gave 1.3 billion dollars to Goldman Sachs Group to invest into a currency bet and other complicated trades, The Wall Street Journal reports. http://economictimes.indiatimes.com/news/international-business/goldman-sachs-offered-gaddafi-huge-chunk-of-company-shares-after-investment-losses/articleshow/8677498.cms Wed, 01 Jun 2011 13:Jun:st 13JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fnews%2Finternational-business%2Fgoldman-sachs-offered-gaddafi-huge-chunk-of-company-shares-after-investment-losses%2Farticleshow%2F8677498.cms With a focus on green and eco-friendly construction, realty developer Earth Infrastructures Ltd has announced the launch of three projects -- Earth Tech One and Earth Studios at Greater Noida and Earth Copia at Gurgaon. Riding on the success of its earlier projects -- Earth Towne and Earth Sapphire Court in Greater Noida -- Earth Infrastructures is aiming to cater to the growing demand in the upcoming realty destinations. All the three new projects are aesthetically designed to offer a healthy work and living environment. http://economictimes.indiatimes.com/markets/real-estate/news-/earth-infrastructures-launches-3-new-projects/articleshow/8661286.cms Tue, 31 May 2011 14:May:st 14MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fearth-infrastructures-launches-3-new-projects%2Farticleshow%2F8661286.cms The country's largest realty firm DLF has sold 10 million square feet area worth Rs 6,658 crore in the housing segment during the last fiscal, lower by 20 per cent than that sold in the previous year. The company, however, said that the average sales realisation was higher by 14 per cent in 2010-11. "...10 million sq ft sales achieved in FY11 against 12.5 million sq ft in FY10 ... While sales booking in FY11 was marginally lower, average realisation was at Rs 6,500 per sq ft (up 14 per cent from FY10)," the company said in a presentation.NEW DELHI: The country's largest realty firm DLF has sold 10 million square feet area worth Rs 6,658 crore in the housing segment during the last fiscal, lower by 20 per cent than that sold in the previous year. The company, however, said that the average sales realisation was higher by 14 per cent in 2010-11. "...10 million sq ft sales achieved in FY11 against 12.5 million sq ft in FY10 ... While sales booking in FY11 was marginally lower, average realisation was at Rs 6,500 per sq ft (up 14 per cent from FY10)," the company said in a presentation. DLF attributed the decline in sales volume to delay in approvals that led to slowdown in planned launches. That apart, it said the "inflation uncertainty resulted in moderation in volumes". Out of 10 million sq ft, DLF sold four million sq ft in Gurgaon at a value of Rs 2,903 crore. In Delhi and Kolkata, the company sold one million sq ft for Rs 1,495 crore, while the rest of India contributed five million sq ft worth Rs 2,260 crore. Giving outlook for the current fiscal, DLF said it is planning to launch 12 million sq ft of area this fiscal as against 7.5 million sq ft in last financial year. Out of the planned 12 million sq ft of launch, 10 million sq ft will be plotted development, while the rest will be group housing projects. "Product mix skewed towards plotted development in order to reduce execution risks and negate inflationary pressures," the presentation said. DLF also plans to enhance focus on execution of projects and is aiming at a delivery of more than 12 million sq ft this fiscal as against 7 million sq ft in the last financial year. The company posted 19 per cent fall in consolidated net profit to Rs 344.54 crore for the March quarter as against Rs 426.38 crore in the year-ago period. The consolidated sales during Q4, however, increased by 34.53 per cent to Rs 2,683.09 crore, from Rs 1,994.37 crore in the year-ago period. For the entire 2010-11, the consolidated net profit went down 4.66 per cent to Rs 1,639.61 crore, from Rs 1,719.84 crore in 2009-10. The consolidated sales in last fiscal rose by 28.80 per cent to Rs 9,560.57 crore, from Rs 7,422.87 crore in 2009-10.NEW DELHI: The country's largest realty firm DLF has sold 10 million square feet area worth Rs 6,658 crore in the housing segment during the last fiscal, lower by 20 per cent than that sold in the previous year. The company, however, said that the average sales realisation was higher by 14 per cent in 2010-11. "...10 million sq ft sales achieved in FY11 against 12.5 million sq ft in FY10 ... While sales booking in FY11 was marginally lower, average realisation was at Rs 6,500 per sq ft (up 14 per cent from FY10)," the company said in a presentation. DLF attributed the decline in sales volume to delay in approvals that led to slowdown in planned launches. That apart, it said the "inflation uncertainty resulted in moderation in volumes". Out of 10 million sq ft, DLF sold four million sq ft in Gurgaon at a value of Rs 2,903 crore. In Delhi and Kolkata, the company sold one million sq ft for Rs 1,495 crore, while the rest of India contributed five million sq ft worth Rs 2,260 crore. Giving outlook for the current fiscal, DLF said it is planning to launch 12 million sq ft of area this fiscal as against 7.5 million sq ft in last financial year. Out of the planned 12 million sq ft of launch, 10 million sq ft will be plotted development, while the rest will be group housing projects. "Product mix skewed towards plotted development in order to reduce execution risks and negate inflationary pressures," the presentation said. DLF also plans to enhance focus on execution of projects and is aiming at a delivery of more than 12 million sq ft this fiscal as against 7 million sq ft in the last financial year. The company posted 19 per cent fall in consolidated net profit to Rs 344.54 crore for the March quarter as against Rs 426.38 crore in the year-ago period. The consolidated sales during Q4, however, increased by 34.53 per cent to Rs 2,683.09 crore, from Rs 1,994.37 crore in the year-ago period. For the entire 2010-11, the consolidated net profit went down 4.66 per cent to Rs 1,639.61 crore, from Rs 1,719.84 crore in 2009-10. The consolidated sales in last fiscal rose by 28.80 per cent to Rs 9,560.57 crore, from Rs 7,422.87 crore in 2009-10. http://economictimes.indiatimes.com/markets/real-estate/news-/dlf-earns-rs-6658-cr-from-10-mn-sq-ft-sales-in-fy11/articleshow/8638406.cms Mon, 30 May 2011 10:May:th 10MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdlf-earns-rs-6658-cr-from-10-mn-sq-ft-sales-in-fy11%2Farticleshow%2F8638406.cms An apartment measuring approximately 1,295 square feet, located in Andheri (West), has been leased by an individual for a monthly rental value of 60,000. Andheri (West) has been witnessing growth in rental transactions owing to its location and easy accessibility. Andheri, being situated in the centre of the city, enjoys easy accessibility to established office locations like CBD, BKC and others and also to new locations like Goregaon and Malad. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/rs-60000-rent-for-andheri-apartment/articleshow/8598585.cms Fri, 27 May 2011 09:May:th 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Frs-60000-rent-for-andheri-apartment%2Farticleshow%2F8598585.cms Hit by 19 per cent fall in net profit in the fourth quarter of 2010-11, realty giant DLF has said it will increase prices of its properties in selective locations to minimise the impact of rising input costs. The company also plans to launch 10-12 million sq ft of area this fiscal across the country. In a presentation, the country's largest realty firm said there will be "increase in selling prices where possible to offset impact of inflation". http://economictimes.indiatimes.com/markets/real-estate/news-/dlf-to-hike-prices-to-offset-rising-raw-material-costs/articleshow/8571720.cms Thu, 26 May 2011 09:May:th 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdlf-to-hike-prices-to-offset-rising-raw-material-costs%2Farticleshow%2F8571720.cms Real estate company Earth Infrastructure is planning to double its revenue to Rs 800 crore in FY 12 through its various housing projects in the NCR region, a top company executive has said. The company's revenue in FY 11 stood at Rs 400 crore, Earth Infrastructure Director Vikas Gupta told PTI here. "We are involved in affordable and medium housing that has a huge market demand. We expect to double our revenue through housing sales in this financial year," he said. http://economictimes.indiatimes.com/markets/real-estate/news-/earth-infra-to-double-revenue-to-rs-800-cr-in-fy-12/articleshow/8511280.cms Wed, 25 May 2011 10:May:th 10MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fearth-infra-to-double-revenue-to-rs-800-cr-in-fy-12%2Farticleshow%2F8511280.cms Real estate services added over 1 lakh crore to Delhi's GDP of 2.58 lakh crore in 2010-11, emerging as top contributors to the city's economy and reflecting the rapid growth and buoyancy in the sector. The real estate sector, which includes property brokers, home buyers, land owners, property owners and housing finance institutions, contributed 39.69% to the gross state domestic product (GSDP) of the city at current prices, according to latest Delhi Government statistics. http://economictimes.indiatimes.com/markets/real-estate/news-/realty-adds-1-lakh-cr-to-delhis-gdp-in-fy11/articleshow/8522445.cms Tue, 24 May 2011 10:May:th 10MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Frealty-adds-1-lakh-cr-to-delhis-gdp-in-fy11%2Farticleshow%2F8522445.cms Real estate services added over 1 lakh crore to Delhi's GDP of 2.58 lakh crore in 2010-11, emerging as top contributors to the city's economy and reflecting the rapid growth and buoyancy in the sector. The real estate sector, which includes property brokers, home buyers, land owners, property owners and housing finance institutions, contributed 39.69% to the gross state domestic product (GSDP) of the city at current prices, according to latest Delhi Government statistics.NEW DELHI: Real estate services added over 1 lakh crore to Delhi's GDP of 2.58 lakh crore in 2010-11, emerging as top contributors to the city's economy and reflecting the rapid growth and buoyancy in the sector. The real estate sector, which includes property brokers, home buyers, land owners, property owners and housing finance institutions, contributed 39.69% to the gross state domestic product (GSDP) of the city at current prices, according to latest Delhi Government statistics. The contribution of the sector has gone up to 1.02 lakh crore in 2010-11 compared to 35,885 crore in 2004-05, registering annual compound growth of 19.16% in the last six years. According to global real estate consultant Jones Lang LaSalle, the sector will witness further growth with most companies operating in the city firming up expansion plans or executing real estate growth plans with upswing in the economy. Reflecting the buoyancy in the sector, it said overall Delhi and National Capital Region witnessed a net absorption of 1.63 million sq ft of property space (151,755 square metre) in first quarter of the year. The significant performance by the sector has largely been attributed to increased demand for commercial property by companies for office space and business activities leading to robust rental growth. "The sector has potential to grow further provided the city government and the Centre relax certain norms for use of land for property development," said Pradeep Jain, chairman of Confederation of Real Estate Developers' Association of India (CREDAI). As per Delhi government data, the contribution of the tertiary sector comprising hotels, restaurants, banking, insurance, legal services, real estate at current prices was 2.12 lakh crore in 2010-11, which is 82.27% of the GSDP. http://economictimes.indiatimes.com/markets/real-estate/news-/realty-adds-1-lakh-cr-to-delhis-gdp-in-fy11/articleshow/8522445.cms Mon, 23 May 2011 09:May:rd 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Frealty-adds-1-lakh-cr-to-delhis-gdp-in-fy11%2Farticleshow%2F8522445.cms Private equity investors are poised to exit roughly $5 billion worth of Indian real estate investments in the next two or three years, a Nomura report said, adding pressure to a sector struggling with access to capital and falling property prices. During the boom years of 2006-2008, India attracted an influx of private equity in property, a big chunk of it structured as debt, and in some cases developers will be forced to buy back the investment from the PE firms, the report said. http://economictimes.indiatimes.com/markets/real-estate/news-/india-poised-for-5-billion-wave-of-pe-exits-from-real-estate-nomura/articleshow/8442375.cms Fri, 20 May 2011 09:May:th 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Findia-poised-for-5-billion-wave-of-pe-exits-from-real-estate-nomura%2Farticleshow%2F8442375.cms Dentist couple Sushma and Vikrant Mohanty had been looking to buy an apartment in Delhi-NCR for almost a year. But after several rounds of unsuccessful discussions with builders and umpteen visits to property sites, they decided to wait till prices came down. http://economictimes.indiatimes.com/markets/real-estate/news-/realtors-grapple-with-huge-unsold-stock-rising-prices-costlier-loans-hit-buying-plans/articleshow/8428712.cms Thu, 19 May 2011 09:May:th 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Frealtors-grapple-with-huge-unsold-stock-rising-prices-costlier-loans-hit-buying-plans%2Farticleshow%2F8428712.cms Kotak Realty Funds Group , the PE arm of Kotak Bank , is aiming to raise 600 crore through its fourth realty fund to be launched in the next few days. The fund will be mopped up from domestic market and invest predominantly in residential properties across India. It will have a green-shoe option of 100 crore. "We will launch our fourth fund soon. Some of our first fund investors who received the entire principal in addition to over 20% return have already shown interest in participating in this new fund. http://economictimes.indiatimes.com/markets/real-estate/news-/kotak-realty-funds-to-raise-600-cr-via-4th-realty-fund/articleshow/8408134.cms Wed, 18 May 2011 09:May:th 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fkotak-realty-funds-to-raise-600-cr-via-4th-realty-fund%2Farticleshow%2F8408134.cms Rajesh Mehta, India's biggest gems and jewellery exporter, has now turned the realty sector into his pot of gold. Since the middle of 2010, he has lent 380 crores to several medium and big builders at interest rates of 24% and more. So lucrative are these deals that Mehta has set aside a corpus of 500 crore for the sector. "Nearly a quarter of my profits are coming from real estate," said Mehta, chairman of Bangalore-based Rajesh Exports, who has made a killing out of the gold business in the last few years. But now his focus is on real estate project financing, returns on which are as good as investing in his favourite metal. http://economictimes.indiatimes.com/markets/real-estate/news-/private-lenders-make-most-of-realty-cash-crunch-earn-hefty-interest/articleshow/8382478.cms Tue, 17 May 2011 09:May:th 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fprivate-lenders-make-most-of-realty-cash-crunch-earn-hefty-interest%2Farticleshow%2F8382478.cms Mumbai-based realty major Hiranandani Group plans to invest Rs 2,000-3,000 crore in the next one year for developing residential complexes and commercial spaces, a top company official has said. "We will invest Rs 2,000-3,000 crore in the next one year to construct residential and commercial structures," Hiranandani Constructions Co-Founder and Managing Director Niranjan Hiranandani said. He, however, declined to reveal the markets in which the company would invest. http://economictimes.indiatimes.com/markets/real-estate/news-/hiranandani-group-to-invest-up-to-rs-3000-cr-in-a-year/articleshow/8353710.cms Mon, 16 May 2011 09:May:th 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fhiranandani-group-to-invest-up-to-rs-3000-cr-in-a-year%2Farticleshow%2F8353710.cms MUMBAI: When Rishi Patil bought his first property in Mumbai a decade back, he followed the advice of his family astrologer and deliberately waited for seven months, to book the flat on the day of Akshay Tritiya. Looking back, his belief in the significance of shubh muhurats and Akshaya Tritiya (a day in which every single moment is considered auspicious), has only increased. After all, his property's valuation has appreciated beyond his belief. http://economictimes.indiatimes.com/markets/real-estate/news-/akshaya-tritiya-realtors-and-first-time-buyers-upbeat/articleshow/8166463.cms Sat, 14 May 2011 09:May:th 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fakshaya-tritiya-realtors-and-first-time-buyers-upbeat%2Farticleshow%2F8166463.cms Over 65,000 people from across the country want to buy a home in hilly Himachal Pradesh, with around 8,000 of them looking for a place in the grand old tourist destination of Shimla alone, officials say, citing a survey. "Over 65,000 people from across the country have expressed their desire to buy a flat in the state. Shimla has got the largest number of applications of 8,000," Ganesh Dutt, vice-chairman of the Himachal Pradesh Urban Development Authority (HIMUDA), told IANS. http://economictimes.indiatimes.com/markets/real-estate/news-/over-65000-people-from-across-the-country-want-a-home-in-himachal/articleshow/8216280.cms Fri, 13 May 2011 10:May:th 10MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fover-65000-people-from-across-the-country-want-a-home-in-himachal%2Farticleshow%2F8216280.cms Delhi-based builder Emaar MGF is selling five acres in its 104-acre Emerald Hills Township in Gurgaon to global property developer Tishman Speyer for $50 million ( Rs 220 crore). Tishman is best known for its iconic Rockefeller Center building in Manhattan . The 5-acre plot already has all approvals required for a 600,000 sq ft commercial office building. The deal is in its final stages of closure, said a person familiar with the development. In response to an email query, Emaar MGF said, "No comments." http://economictimes.indiatimes.com/markets/real-estate/news-/tishman-to-buy-land-in-gurgaon-project-from-emaar-mgf-for-rs-220-cr/articleshow/8259300.cms Thu, 12 May 2011 09:May:th 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Ftishman-to-buy-land-in-gurgaon-project-from-emaar-mgf-for-rs-220-cr%2Farticleshow%2F8259300.cms Three lending institutions are said to be front-runners for the iconic Hindustan Unilever Limited (HUL) building at Churchgate which was reportedly put on the block a few months back for Rs 500 crore. These include State Bank of India , Bank of Baroda and a large non-banking finance company. The seven-storey former headquarters of the FMCG major, spread over an area of 1,54,320 sq feet is the single largest A-grade commercial building in the Nariman Point-Churchgate belt available. http://economictimes.indiatimes.com/markets/real-estate/news-/three-lending-firms-eye-unilevers-former-hq/articleshow/8238440.cms Wed, 11 May 2011 10:May:th 10MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fthree-lending-firms-eye-unilevers-former-hq%2Farticleshow%2F8238440.cms The laws of demand and supply do not apply to your city's real estate scenario. With 93,000 under-construction and readyfor-possession homes still unsold, the 'weighted average' cost of a flat is at its peak, according to a finding put out by property research firm Liases Foras. On an average, the cost of a flat in Greater Mumbai (area under BMC limits) is pegged at Rs 2.18 crore. That's a 436 per cent rise compared to 2005 prices. Since then, the graph has steadily moved northward but for a brief dip during the economic meltdown in 2008 (see info graphic). http://economictimes.indiatimes.com/markets/real-estate/realty-trends/no-demand-for-houses-but-prices-hit-an-all-time-high/articleshow/8205337.cms Tue, 10 May 2011 09:May:th 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fno-demand-for-houses-but-prices-hit-an-all-time-high%2Farticleshow%2F8205337.cms Confederation of Real Estate Developers' Association of India (Credai) on Wednesday said it has made mandatory for all members of the association to mention carpet area in their brochures and sale agreement, aiming to bring in transparency in the sector. Credai, which has over 10,000 builders as member across the country, has decided that in the next six months all the members would individually sign a Code of Conduct. The major highlight of Credai's Code of Conduct are - mentioning the actual usage area to buyers (Carpet area), compensation in case of project delay and honouring of the agreement between the two parties. http://economictimes.indiatimes.com/markets/real-estate/policy-/mentioning-carpet-area-will-be-mandatory-credai/articleshow/7977606.cms Mon, 09 May 2011 09:May:th 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fpolicy-%2Fmentioning-carpet-area-will-be-mandatory-credai%2Farticleshow%2F7977606.cms Buying real estate on the auspicious day of Akshaya Trittiya is not just about 'first homes' , from open plots of land to bungalows, this Akshaya Tritiya, we expect bulk of real estate transactions be in the domain of a 'second home' or a 'weekend home' , says Santosh Naik, CMD, Disha Direct . "There is a sense of achievement that is celebrated when one purchases real estate on such auspicious days like Akshaya Tritiya. Any property bought on this day signifies the sense of achievement, of 'having arrived' at a particular stage in one's life. This segment can best achieve the heady feeling of success when they pick up a 'second home' or a 'weekend home' on the auspicious day," he adds. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/whats-new-in-real-estate-investments/articleshow/8175084.cms Sat, 07 May 2011 09:May:th 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fwhats-new-in-real-estate-investments%2Farticleshow%2F8175084.cms Emaar Properties , builder of the world's tallest tower, has hired consultant McKinsey to conduct a strategic review of its international operations, sources familiar with the matter said on Thursday. The McKinsey review mainly relates to the developer's property segment, said two of the sources, speaking on condition of anonymity. It will cover Emaar's foreign units which span the Middle East, Africa and Asia, in countries like India, Egypt and Saudi Arabia. The developer is expected to announce the plan later this month. http://economictimes.indiatimes.com/markets/real-estate/news-/emaar-properties-names-mckinsey-to-strategic-review-sources/articleshow/8169074.cms Fri, 06 May 2011 10:May:th 10MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Femaar-properties-names-mckinsey-to-strategic-review-sources%2Farticleshow%2F8169074.cms BANGALORE A high-end residential villa , spread across an area of approximately 1,900 sq ft, was leased by a corporation at a monthly rental value of Rs 1.25 lakh. The villa, which forms part of a gated community development , is situated in the location of Whitefield and has commanded a rate as per the prevalent values in the region. The prevalent range for rental values here is between Rs 65,000 and Rs 4 lakh. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/key-real-estate-transactions/articleshow/8113727.cms Thu, 05 May 2011 09:May:th 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fkey-real-estate-transactions%2Farticleshow%2F8113727.cms The property market in many locations sees increased activity during festivals like Akshaya Tritiya, which are believed to be auspicious for the creation of wealth and good fortune. The positive sentiment associated with such festivals often motivates fence-sitting buyers to take the plunge where they would otherwise have procrastinated further. Developers are well aware of this and seek to capitalise on these sentiments via increased marketing efforts. In that respect, festivals like Akshaya Tritiya can act as a powerful market force. http://economictimes.indiatimes.com/quickiearticleshow/8113970.cms Wed, 04 May 2011 09:May:th 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fquickiearticleshow%2F8113970.cms Adani Realty Business and Delhi-based realtor M2K Group will jointly develop residential projects on 41 acres of plot the latter owns in Gurgaon, near Delhi, marking Adani's foray into the Delhi-NCR. The real estate arm of the ports-to-edible oil Adani group will develop two projects on separate parcels of land. The projects will cost 1,500 crore and both developers will share costs and revenues equally. Towards the cost of land, Adani Realty has paid 100 crore to M2K. Another 100 crore will be paid in phases. http://economictimes.indiatimes.com/markets/real-estate/news-/adani-realty-forays-into-delhi-ncr-inks-jv-with-m2k/articleshow/8148076.cms Tue, 03 May 2011 09:May:rd 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fadani-realty-forays-into-delhi-ncr-inks-jv-with-m2k%2Farticleshow%2F8148076.cms The Income Tax Department became one of the largest purchasers of real estate properties last year as it embarked on a mega expansion spree to spread its establishment for enhancing taxpayer services in the country. The department, which has recently begun a special drive to check prevalence of black money in the country's real estate sector, has acquired high-worth properties worth about 2,500 crore in more than 20 cities in the last year alone. http://economictimes.indiatimes.com/markets/real-estate/news-/i-t-department-purchases-real-estate-worth-rs-2500-crore-in-a-year/articleshow/8137972.cms Mon, 02 May 2011 09:May:nd 9MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fi-t-department-purchases-real-estate-worth-rs-2500-crore-in-a-year%2Farticleshow%2F8137972.cms A seven-acre plot of Mafatlal Industries next to the Byculla zoo was sold for Rs 750 crore a few weeks ago, said a real estate source. The land was bought by Piramal Sunteck Ltd, a joint venture with Piramal Enterprises Ltd promoted by the Ajay Piramal Group. "The deal was signed almost a month ago. However, a formal announcement is awaited," said the source. However, a Mafatlal Industries spokesperson said, "We are in an advanced stage of negotiations with parties. However, nothing has been finalized." http://economictimes.indiatimes.com/markets/real-estate/news-/mafatlals-byculla-plot-goes-for-750-cr/articleshow/8114475.cms Sat, 30 Apr 2011 10:Apr:th 10AprIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fmafatlals-byculla-plot-goes-for-750-cr%2Farticleshow%2F8114475.cms Shapoorji Pallonji Group has floated a $500 million private equity fund, mainly focused on real estate, marking its return to the financial services industry. One of the country's richest and low-profile business conglomerates will be joining the growing list of Indian corporates such as Tata, Aditya Birla and Anil Dhirubhai Ambani Group (ADAG) in the private equity play with its Mauritius registered fund, STREF. http://economictimes.indiatimes.com/markets/real-estate/news-/shapoorji-pallonji-returns-to-financial-services-space-with-realty-focused-arm-floats-500m-pe-fund/articleshow/8096987.cms Thu, 28 Apr 2011 09:Apr:th 9AprIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fshapoorji-pallonji-returns-to-financial-services-space-with-realty-focused-arm-floats-500m-pe-fund%2Farticleshow%2F8096987.cms Residents of the space crunched city, where homes come with extortionate price tags, seem to prefer to rent houses rather than buy them. Data compiled by the state stamp duty department shows that in March 2011, registration of homes plunged by 30%, hitting the lowest since May 2009. The statistics contain information of both the sale of new homes as well as change in ownership. While the registration of sale deeds of flats dipped from about 8,000 in March, 2010, to 5,832 in March, 2011, the corresponding period saw a 35% rise in number of lease agreements being signed in the city. http://economictimes.indiatimes.com/markets/real-estate/news-/citizens-prefer-to-rent-homes-than-buy-them-government/articleshow/8059658.cms Sat, 23 Apr 2011 10:Apr:rd 10AprIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fcitizens-prefer-to-rent-homes-than-buy-them-government%2Farticleshow%2F8059658.cms Realty firm 'The 3C Company' today announced tie-up with global hospitality major Four Seasons Hotels and Resorts for managing its five-star hotel in Noida. "This strategic tie up with Four Seasons for management of our 5-star hotel marks our entry into the hospitality sector. The hotel is expected to be operational by 2014," The 3C Company Director Vidur Bharadwaj told reporters here. http://economictimes.indiatimes.com/markets/real-estate/news-/3c-company-forays-into-hotel-biz-ties-up-with-four-seasons/articleshow/8040458.cms Thu, 21 Apr 2011 09:Apr:st 9AprIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2F3c-company-forays-into-hotel-biz-ties-up-with-four-seasons%2Farticleshow%2F8040458.cms Haryana government on Tuesday proposed to re-impose property tax in areas under urban local bodies to generate revenue and also ensure restoration of some grants stopped by the Centre besides hiking by 10 times the rate of fire tax imposed on non-residential properties . The property tax was scrapped in 2010 by the Bhupinder Singh Hooda-led Congress government. But after this, some grants for the local bodies were stopped by the Centre on the plea that these institutions should also generate their own resources to be eligible for central grants. http://economictimes.indiatimes.com/markets/real-estate/news-/haryana-proposes-property-tax-10-fold-hike-in-fire-tax/articleshow/8027838.cms Wed, 20 Apr 2011 10:Apr:th 10AprIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fharyana-proposes-property-tax-10-fold-hike-in-fire-tax%2Farticleshow%2F8027838.cms NEW DELHI: The income tax department plans to review realty deals following allegations of rampant use of black money in many transactions. "We will take appropriate action wherever we find involvement of black money in such transactions," said Sudhir Chandra , chairman, Central Board of Direct Taxes . Chandra said the department would begin scrutiny of property deals in the national capital region and follow it up in other metros. The value of most real estate transactions in the national capital are suppressed to save on stamp duty, capital gains tax and wealth tax and are believed to have black money component as high as 65%, said another income tax official. http://economictimes.indiatimes.com/markets/real-estate/news-/income-tax-department-to-review-all-realty-deals-to-unearth-black-money/articleshow/8022587.cms Tue, 19 Apr 2011 09:Apr:th 9AprIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fincome-tax-department-to-review-all-realty-deals-to-unearth-black-money%2Farticleshow%2F8022587.cms Selling a property under litigation My grandfather died intestate. My uncle grabbed a major portion of his residential property. After 25 years of litigation, the lower court allotted equal shares to all heirs of grandfather, but my uncle has appealed to the high court against the judgment in order to delay equitable partition. Can I sell or transfer my share allotted by the lower court to an outsider on power of attorney (PoA)? ASHISH Pending litigation, you are not legally entitled to dispose of the property as the matter is subjudice. Even if you do so, in case of any adverse order, the title shall not pass on to such purchaser. In such a matter the valuation which you will get will be miniscule. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/realty-queries-selling-a-property-under-litigation/articleshow/7986237.cms Fri, 15 Apr 2011 09:Apr:th 9AprIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Frealty-queries-selling-a-property-under-litigation%2Farticleshow%2F7986237.cms Your dreams of owning a house under Delhi Development Authority's (DDA) housing scheme could soon turn into reality. DDA is going to hold a draw of lots to select the successful applicants next Monday. According to the land agency, this housing scheme is the biggest ever with 16,000 flats on offer. A total of 7.4 lakh people have applied under the scheme. The possession of flats will, however, take place towards the end of the year only. This time the draw of lots will not take place at Vikas Sadan, DDA's headquarters, but will take place in Noida. http://economictimes.indiatimes.com/markets/real-estate/news-/dda-draw-of-lots-for-16000-flats-next-week/articleshow/7978201.cms Thu, 14 Apr 2011 10:Apr:th 10AprIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdda-draw-of-lots-for-16000-flats-next-week%2Farticleshow%2F7978201.cms Real estate firm Ansal Properties & Infrastructure has sold properties worth Rs 2,392.7 crore, comprising 22.43 million sq ft of spaces, during the financial year 2010-11. According to a presentation by the company to its investors, Ansal API said the sales realisation has also increased by about 37 per cent to Rs 1,067 per sq ft in the last financial year. "The total sales booked in FY11 increased to 22.43 million sq ft aggregating to sale value of about Rs 2,392.7 crore," the company said. Of the total sales, the company's largest township in Lucknow 'Sushant Golf City' contributed 11.49 million sq ft, while the Gurgaon township 'Esencia' contributed 2.93 million sq ft to the total sales booked in last fiscal, it added. http://economictimes.indiatimes.com/markets/real-estate/news-/ansal-api-sold-properties-worth-rs-23927-crore-in-fy11/articleshow/7945938.cms Tue, 12 Apr 2011 10:Apr:th 10AprIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fansal-api-sold-properties-worth-rs-23927-crore-in-fy11%2Farticleshow%2F7945938.cms All real estate transactions will have to be reported to the country's anti- moneylaundering agency once the government amends a key law that seeks to curb black-money transactions. The government plans to amend the Prevention of Money Laundering Act , which will require property registrars to file data of transactions recorded by them with the Financial Intelligence Unit, or FIU, a finance ministry official said. "The scope of the (Prevention of Money Laundering) Act is being widened," the official said. http://economictimes.indiatimes.com/markets/real-estate/news-/moneylaundering-watchdog-to-track-all-realty-deals/articleshow/7940182.cms Mon, 11 Apr 2011 09:Apr:th 9AprIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fmoneylaundering-watchdog-to-track-all-realty-deals%2Farticleshow%2F7940182.cms MUMBAI: Real estate developer Omaxe Ltd said on Friday its unit has received a contract worth about 540 million rupees from the Air Force Naval Housing Board. http://economictimes.indiatimes.com/markets/real-estate/news-/omaxe-unit-gets-contract-worth-about-rs-540-mn/articleshow/7918284.cms Sat, 09 Apr 2011 10:Apr:th 10AprIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fomaxe-unit-gets-contract-worth-about-rs-540-mn%2Farticleshow%2F7918284.cms Did you know that your vacant apartment can earn some money for you and, that too without having to rent it out? Lot of people who buy residential property in other cities for the sake of investment are often wary of renting it out to some unknown tenants. The common fear is that the tenant may lock into a long-term contract and ultimately cause problems when asked to vacate the property. If this is what is keeping you from renting your property, then you can look at serviced apartments as an investment avenue. http://economictimes.indiatimes.com/quickiearticleshow/7910327.cms Fri, 08 Apr 2011 12:Apr:th 12AprIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fquickiearticleshow%2F7910327.cms Demand for commercial office space across the seven major cities in India is estimated at around 160 mn sq ft by 2014, a latest study by multi-national real-estate services firm Cushman and Wakefield Research (CWR) has revealed. The quantum of demand will mainly be concentrated in the metropolitan centres of Bangalore, Mumbai and National Capital Region of Delhi, the study says. http://economictimes.indiatimes.com/markets/real-estate/news-/commercial-space-demand-in-india-to-touch-160-mn-sq-ft-by-14/articleshow/7865608.cms Thu, 07 Apr 2011 12:Apr:th 12AprIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fcommercial-space-demand-in-india-to-touch-160-mn-sq-ft-by-14%2Farticleshow%2F7865608.cms The inflation rate has been high over the last few quarters. There are many factors behind this. The government and the Reserve Bank of India (RBI) are taking cautious steps to control the rising inflation rate while ensuring minimum impact on the economic growth rate. The RBI has implemented monetary policy tightening steps many times over the last one year. However, the inflation rate is still not under control due to the rising commodity prices in the international markets - crude oil, coal, nonmanufacturing products etc. An uncontrolled inflation rate has an adverse impact on the overall economy, and therefore , the RBI is trying to keep it under control. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/policy-rate-hike-has-minimum-impact-on-home-loan-rate/articleshow/7842217.cms Mon, 04 Apr 2011 16:Apr:th 16AprIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fpolicy-rate-hike-has-minimum-impact-on-home-loan-rate%2Farticleshow%2F7842217.cms Given the increase in the land prices, the Confederation of Indian Industry (CII) today said there was a need to improve the infrastructure and increase in flow of capital in the housing segment. "The only way where land can be available is improving the infrastructure...more young people have started to purchase houses and keeping that in mind, there is a need to provide better infrastructure and connectivity," CII National Chairman (Real Estate and Housing) Anshuman Magazine told reporters here. http://economictimes.indiatimes.com/markets/real-estate/news-/cii-for-increase-in-flow-of-capital-in-housing-segment/articleshow/7761917.cms Wed, 23 Mar 2011 15:Mar:rd 15MarIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fcii-for-increase-in-flow-of-capital-in-housing-segment%2Farticleshow%2F7761917.cms Terming stamp duties as a "big obstacle" in ensuring transparent transactions in real estate, Prime Minister Manmohan Singh today batted for reducing such levies to check the flow of black money in the sector. "I think as far as black money in real estate is concerned, unfortunately that is a reality and one way out of this would be to lower the stamp duties," Singh said at the India Today Conclave here. http://economictimes.indiatimes.com/markets/real-estate/news-/lower-stamp-duties-can-check-corruption-in-real-estate-pm/articleshow/7734487.cms Fri, 18 Mar 2011 16:Mar:th 16MarIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Flower-stamp-duties-can-check-corruption-in-real-estate-pm%2Farticleshow%2F7734487.cms Times Realty India 2011 , a two-day exhibition being held in Dubai on the realty sector of India, will witness participation from some of the biggest organisations in the property industry from India. The exhibition, being held on March 11-12 here, aims to attract the non-resident Indian (NRI) community living in the UAE to invest in the booming Indian property sector. http://economictimes.indiatimes.com/markets/real-estate/news-/realty-exhibition-brings-indian-property-to-dubai/articleshow/7669245.cms Thu, 10 Mar 2011 15:Mar:th 15MarIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Frealty-exhibition-brings-indian-property-to-dubai%2Farticleshow%2F7669245.cms R. K Jain, Executive Director, Wave City lists the areas that the government ignored for the real estate sector in Union Budget 2011 . http://economictimes.indiatimes.com/markets/real-estate/news-/union-budget-2011-we-expected-much-more-from-it-for-real-estate-sector-says-r-k-jain-executive-director-wave-city/articleshow/7594878.cms Tue, 01 Mar 2011 11:Mar:st 11MarIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Funion-budget-2011-we-expected-much-more-from-it-for-real-estate-sector-says-r-k-jain-executive-director-wave-city%2Farticleshow%2F7594878.cms Real estate developer Tata Housing Development Company on Wednesday proposed to set up two residential projects in Punjab and Himachal Pradesh with an estimated investment of Rs 1,000 crore. "We have plans to set up two (residential) projects in Punjab and Himachal Pradesh, which will involve an investment of Rs 1,000 crore," company's MD and CEO Brotin Banerjee told reporters here today. http://economictimes.indiatimes.com/markets/real-estate/news-/tatas-to-set-up-rs-1000-cr-housing-projects-in-punjab-hp/articleshow/7555546.cms Thu, 24 Feb 2011 09:Feb:th 9FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Ftatas-to-set-up-rs-1000-cr-housing-projects-in-punjab-hp%2Farticleshow%2F7555546.cms The country's second largest realty firm, DLF, plans to launch one of the costliest residential projects in the National Capital this week offering 38 luxury housing units at a price range of Rs 15-25 crore. The company will launch on Tuesday a super luxury residential project 'King's Court', which is spread over 2.3 acres of land at Greater Kailash-II in South Delhi, with a project cost of about Rs 700 crore, sources said http://economictimes.indiatimes.com/markets/real-estate/news-/dlf-to-launch-luxury-residential-project-in-delhi/articleshow/7533211.cms Mon, 21 Feb 2011 14:Feb:st 14FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2Fdlf-to-launch-luxury-residential-project-in-delhi%2Farticleshow%2F7533211.cms The profit made from the sale of a house is never a simple calculation involving the subtraction of purchase price from sale price. A number of income-tax caveats kick in. If you buy an apartment for Rs 50 lakh and sell it two years later for Rs 1 crore, your profit from the sale will not be Rs 50 lakh. It will be much lesser. Here is how the maths works. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/resell-property-in-3-years-and-lose-half-of-your-gains/articleshow/7390819.cms Tue, 01 Feb 2011 12:Feb:st 12FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2Fresell-property-in-3-years-and-lose-half-of-your-gains%2Farticleshow%2F7390819.cms Mr Biju Ashokan is CEO of SA Metroplots Pvt Ltd, a Chennai-based company that helps buyers identify properties that fit their budget and match their requirements. On completing a postgraduate in the US, he returned to India wanting to do something online. His initial own funds apart, his business idea and strategy got a big boost when he attracted funding from a group of individuals under the umbrella of Chennai Angels. http://www.thehindubusinessline.com/2010/12/27/stories/2010122750211200.htm Mon, 03 Jan 2011 15:Jan:rd 15JanIST http%3A%2F%2Fwww.thehindubusinessline.com%2F2010%2F12%2F27%2Fstories%2F2010122750211200.htm Metroplots Pvt Ltd, a Chennai based company which runs property transaction portal Metroplots.com, has raised angel funding from members of Chennai Angels in exchange for 20% stake. http://www.vccircle.com/500/news/metroplots-raises-angel-funds-from-sify-co-founder-r-ramaraj-3-others Sat, 20 Nov 2010 12:Nov:th 12NovIST http%3A%2F%2Fwww.vccircle.com%2F500%2Fnews%2Fmetroplots-raises-angel-funds-from-sify-co-founder-r-ramaraj-3-others It is common knowledge that any borrowing may result in a debt trap. But this is not always true. A loan which leads to the creation of an asset is not bad, provided the quantum of loan should be within the repaying capacity of the person. However, a person should first develop an understanding to separate good loans from bad ones. http://economictimes.indiatimes.com/personal-finance/loan-centre/personal-loans/personal-loans-news/Distinguish-good-from-bad-loans-to-stay-debt-free/articleshow/6904675.cms Thu, 11 Nov 2010 11:Nov:th 11NovIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fpersonal-finance%2Floan-centre%2Fpersonal-loans%2Fpersonal-loans-news%2FDistinguish-good-from-bad-loans-to-stay-debt-free%2Farticleshow%2F6904675.cms Mistake No 1 : Looking at this loan in isolation without understanding its impact on overall financial requirements. Mistake No 2 � Not understanding the compounded returns needed to justify the loan. http://economictimes.indiatimes.com/personal-finance/loan-centre/home-loans/analysis/Dont-rush-to-prepay-your-housing-loan/articleshow/6744844.cms Fri, 15 Oct 2010 10:Oct:th 10OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fpersonal-finance%2Floan-centre%2Fhome-loans%2Fanalysis%2FDont-rush-to-prepay-your-housing-loan%2Farticleshow%2F6744844.cms Proximity to the city is something every suburban builder emphasises. But, that proximity is more real to projects on OMR, where development has stretched right up to Thoraipakkam. http://www.thehindu.com/todays-paper/tp-features/tp-propertyplus/article695868.ece Wed, 22 Sep 2010 11:Sep:nd 11SepIST http%3A%2F%2Fwww.thehindu.com%2Ftodays-paper%2Ftp-features%2Ftp-propertyplus%2Farticle695868.ece Economic hard times are unmistakably easing for the realty industry and market leader DLF is signalling this change with an ultra-luxurious housing project in Shimla, where it would sell only to the elite. http://economictimes.indiatimes.com/markets/real-estate/news-/Hard-times-over-for-realty-DLF-launching-ultra-rich-homes/articleshow/6539788.cms Mon, 13 Sep 2010 11:Sep:th 11SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FHard-times-over-for-realty-DLF-launching-ultra-rich-homes%2Farticleshow%2F6539788.cms DLF, India�s largest real estate firm, is in advanced talks with Hilton Hotels and Resorts to outsource management of its super luxury vacation homes that will include villas as well as apartments in an upcoming project in Kasauli. This is one of the few such deals where a hotel chain will manage the whole project as typically in vacation homes villas are sold outright even as hospitality firms manage apartments. http://economictimes.indiatimes.com/markets/real-estate/news-/DLF-may-outsource-mgmt-of-luxury-resorts-to-Hilton/articleshow/6488931.cms Sat, 04 Sep 2010 11:Sep:th 11SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FDLF-may-outsource-mgmt-of-luxury-resorts-to-Hilton%2Farticleshow%2F6488931.cms Specialty steel manufacturer Mukand on Tuesday said that it has completed the sale of five acres of its lease-hold land in the trans-Thane creek industrial area for Rs 42.5 crore to Vodafone Essar Shared Services. http://economictimes.indiatimes.com/markets/real-estate/news-/Mukand-sells-5-acres-in-Thane-for-Rs-425-cr/articleshow/6469251.cms Wed, 01 Sep 2010 12:Sep:st 12SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FMukand-sells-5-acres-in-Thane-for-Rs-425-cr%2Farticleshow%2F6469251.cms Dhanlaxmi Builders and Developers, which has constructed hill-station Lonavala's first boutique mall over 1.5-lakh square feet, is expecting Rs 50-60 lakh per month as lease rent within the first year of its operations. http://economictimes.indiatimes.com/markets/real-estate/news-/Lonavalas-1st-boutique-mall-eyes-Rs-60-lakh-as-lease-rent/articleshow/6455220.cms Mon, 30 Aug 2010 10:Aug:th 10AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FLonavalas-1st-boutique-mall-eyes-Rs-60-lakh-as-lease-rent%2Farticleshow%2F6455220.cms Yet another piece of the real estate market appears to be getting back in shape. After realtors focused on the affordable housing space, where demand remained reasonable when market prices crashed two years ago, they are now launching luxury homes as the segment is witnessing early signals of an upswing in demand. http://economictimes.indiatimes.com/Markets/Real-Estate/News-/DLF-Unitech-Emaar--Ansal-plan-to-launch-Rs-2-cr-plus-homes/articleshow/6221179.cms?curpg=2 Tue, 27 Jul 2010 14:Jul:th 14JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarkets%2FReal-Estate%2FNews-%2FDLF-Unitech-Emaar--Ansal-plan-to-launch-Rs-2-cr-plus-homes%2Farticleshow%2F6221179.cms%3Fcurpg%3D2 Mid-cap real estate firms are expected to post a mixed trend as spiralling prices hit affordability and new launches tapered in the April-June quarter. http://economictimes.indiatimes.com/markets/real-estate/news-/Real-estate-cos-to-post-mixed-trend-in-June-quarter/articleshow/6205592.cms Fri, 23 Jul 2010 17:Jul:rd 17JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FReal-estate-cos-to-post-mixed-trend-in-June-quarter%2Farticleshow%2F6205592.cms Ras-Al-Khaimah (RAK), a public joint stock firm and realty developer, plans to come up with 1,000 villas and town houses in United Arab Emirates (UAE). http://economictimes.indiatimes.com/markets/real-estate/news-/Realty-firm-RAK-plans-mega-project-in-UAE/articleshow/6197234.cms Thu, 22 Jul 2010 08:Jul:nd 8JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FRealty-firm-RAK-plans-mega-project-in-UAE%2Farticleshow%2F6197234.cms Delhi is the most popular place to buy a property, according to a survey. The report reveals that 34% of those surveyed want to purchase a flat in Delhi, followed by 28% plugging for Mumbai and 11% each opting for Bangalore and Hyderabad. The survey also reveals that the realty sector in 2010 is going to be driven by end users. Now, with property prices increasing past their pre-2008 peak, the developers insist on collecting the service tax and the 1% VAT when the investors try to sell these flats. They also have to pay the maintenance charges on the flat if it has not been paid Wed, 21 Jul 2010 10:Jul:st 10JulIST Now%2C+with+property+prices+increasing+past+their+pre-2008+peak%2C+the+developers+insist+on+collecting+the+service+tax+and+the+1%25+VAT+when+the+investors+try+to+sell+these+flats.+They+also+have+to+pay+the+maintenance+charges+on+the+flat+if+it+has+not+been+paid The economy has come out of recession , "reality is booming" , and "prices are sky high" - "invest in property, there is a tremendous potential" . http://economictimes.indiatimes.com/quickiearticleshow/6179903.cms Mon, 19 Jul 2010 17:Jul:th 17JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fquickiearticleshow%2F6179903.cms Real estate prices may go up with a plea of Urban Development Ministry for withdrawal of 2.5 per cent service tax from the sector not being heeded to by the Finance Ministry. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/Realty-prices-may-go-up-as-govt-refuses-to-remove-service-tax/articleshow/6126720.cms Tue, 06 Jul 2010 13:Jul:th 13JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2FRealty-prices-may-go-up-as-govt-refuses-to-remove-service-tax%2Farticleshow%2F6126720.cms Infrastructure and real estate companies such as GMR and Hindustan Construction Company are setting up campuses for universities and higher education institutes to ride growth in the $80-billion-plus industry. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/Realty-companies-tracking-learning-curve/articleshow/6104487.cms Fri, 02 Jul 2010 14:Jul:nd 14JulIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2FRealty-companies-tracking-learning-curve%2Farticleshow%2F6104487.cms In a bonanza for residents of a Khar housing society, a builder has been buying off their mid-sized flats, paying each family between Rs 4 crore and Rs 5.5 crore http://economictimes.indiatimes.com/markets/real-estate/realty-trends/1-BHK-flats-in-Mumbais-old-Khar-society-sold-for-Rs-45-crore/articleshow/6077053.cms Wed, 23 Jun 2010 10:Jun:rd 10JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2F1-BHK-flats-in-Mumbais-old-Khar-society-sold-for-Rs-45-crore%2Farticleshow%2F6077053.cms Finance, documentation and legal matters are critical components in the process of buying a home. Property investors also need to evaluate returns and repayment of loan. Kavita Sriram, Ashish Gupta and Vikas Agarwal explain some of the major issues involved. http://economictimes.indiatimes.com/quickiearticleshow/6039851.cms Mon, 14 Jun 2010 15:Jun:th 15JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fquickiearticleshow%2F6039851.cms Delhi govt to crack down on illegal constructions. In a bid to check illegal constructions across the capital, particularly on agriculture land, Delhi Government today directed departments concerned to come down hard against such activities. http://economictimes.indiatimes.com/markets/real-estate/news-/Delhi-govt-to-crack-down-on-illegal-constructions/articleshow/6041812.cms Mon, 14 Jun 2010 15:Jun:th 15JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FDelhi-govt-to-crack-down-on-illegal-constructions%2Farticleshow%2F6041812.cms The already high real estate prices in Mumbai's suburbs are expected to climb a notch higher following today's Bombay High Court judgement setting aside the State Government's order to increase floor space index (FSI) in the suburbs to 1.33 from 1. http://economictimes.indiatimes.com/markets/real-estate/news-/Realty-prices-in-Mumbai-suburbs-to-rise-after-HC-judgement-on-FSI/articleshow/6033602.cms Fri, 11 Jun 2010 09:Jun:th 9JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FRealty-prices-in-Mumbai-suburbs-to-rise-after-HC-judgement-on-FSI%2Farticleshow%2F6033602.cms Realty major, Lodha Developers, plans to build the world's tallest tower at a cost of Rs 2,000-crore in central Mumbai to be ready by 2014, a top company official said. http://economictimes.indiatimes.com/markets/real-estate/news-/Lodha-plans-117-storey-tallest-housing-tower-in-Mumbai/articleshow/6024238.cms Wed, 09 Jun 2010 11:Jun:th 11JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FLodha-plans-117-storey-tallest-housing-tower-in-Mumbai%2Farticleshow%2F6024238.cms "Now we have the opportunity to do large redevelopment projects, as the policy on redevelopment has been clarified. We are hopeful that within the next six months, we will announce few large redevelopment projects," Godrej Group Chairman Adi Godrej told Reuters on June 4. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/Redevelopment-in-crowded-Mumbai-a-fillip-for-realty/articleshow/6021034.cms Tue, 08 Jun 2010 11:Jun:th 11JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2FRedevelopment-in-crowded-Mumbai-a-fillip-for-realty%2Farticleshow%2F6021034.cms In a bid to check rampant malpractices in the realty sector, the Competition Commission of India (CCI) has decided to suo motu inquire if various developers are misleading the buyers, apart from looking into specific complaints against market leader DLF. http://economictimes.indiatimes.com/markets/real-estate/news-/CCI-plans-suo-motu-probe-on-realtors-to-check-malpractices/articleshow/6018166.cms Mon, 07 Jun 2010 12:Jun:th 12JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FCCI-plans-suo-motu-probe-on-realtors-to-check-malpractices%2Farticleshow%2F6018166.cms Delhi-based real estate and hospitality company Vatika Group is in advanced talks to raise Rs 800-1,000 crore from Deutsche Bank for its upcoming residential project in the national capital region, two persons familiar with the matter told ET. http://economictimes.indiatimes.com/markets/real-estate/news-/Vatika-Group-in-talks-to-raise-Rs-1k-cr-from-Deutsche-Bank/articleshow/6013052.cms Sat, 05 Jun 2010 17:Jun:th 17JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FVatika-Group-in-talks-to-raise-Rs-1k-cr-from-Deutsche-Bank%2Farticleshow%2F6013052.cms India's biggest land deal, a Rs 4000 crore for a parcel of land in Mumbai last week, is not going to be the trendsetter for the realty industry still groggy after the 2009 slump, builders and analysts say. http://economictimes.indiatimes.com/markets/real-estate/news-/Developers-cool-to-record-realty-deal-stay-cautious/articleshow/6011095.cms Sat, 05 Jun 2010 17:Jun:th 17JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FDevelopers-cool-to-record-realty-deal-stay-cautious%2Farticleshow%2F6011095.cms Ireo, a leading private equity fund dedicated to the Indian real estate sector with nearly $2 bn of funds raised, has announced the launch of Victory Valley - the tallest residential towers in the region. http://economictimes.indiatimes.com/markets/real-estate/news-/Ireo-launches-51-stories-Victory-Valley-in-Gurgaon/articleshow/6007025.cms Fri, 04 Jun 2010 11:Jun:th 11JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FIreo-launches-51-stories-Victory-Valley-in-Gurgaon%2Farticleshow%2F6007025.cms According to sources, HCC Real Estate is looking at offloading 74% stake in �247� corporate park located in Vikhroli area of Mumbai. The company is expecting to raise around Rs 600 crore evaluating the company at Rs 800 crore. The company is in talks with two private equity firms for the stake sale. One of the sources close to the deal said that one of the parties interested in the stake buyout is Blackstone group. The size of the corporate park is 1.8 million square feet. http://economictimes.indiatimes.com/markets/real-estate/news-/HCC-Realty-to-dilute-stake-in-Mumbai-project/articleshow/6003349.cms Thu, 03 Jun 2010 15:Jun:rd 15JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FHCC-Realty-to-dilute-stake-in-Mumbai-project%2Farticleshow%2F6003349.cms On Wednesday, when Tata Motors chairman Ratan Tata and Gujarat chief minister Narendra Modi inaugurate the Rs 2,000-crore Nano mother plant, they will be also unveiling a new Sanand. In one stroke, the epithets that denoted the dusty town till now-Gujarat's tobacco belt, home to the state's biggest wetland-will make way for that of an auto hub. http://economictimes.indiatimes.com/Markets/Real-Estate/News-/Land-prices-skyrocket-in-Sanand-on-Nano-arrival/articleshow/6001016.cms?curpg=3 Wed, 02 Jun 2010 10:Jun:nd 10JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarkets%2FReal-Estate%2FNews-%2FLand-prices-skyrocket-in-Sanand-on-Nano-arrival%2Farticleshow%2F6001016.cms%3Fcurpg%3D3 After increasing the registration fee for properties and road tax for luxury cars, the Delhi cabinet is set to give its nod to a proposal to hike circle rates for sale and purchase of properties in the capital June 7. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/Circle-rates-for-properties-set-to-increase-in-Delhi/articleshow/5998434.cms Tue, 01 Jun 2010 17:Jun:st 17JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2FCircle-rates-for-properties-set-to-increase-in-Delhi%2Farticleshow%2F5998434.cms Tishman Speyer, one of the world's leading developers of real estate, Tuesday unveiled its first property in Asia, commissioning the first phase of the Waverock IT Park here. http://economictimes.indiatimes.com/markets/real-estate/news-/Tishman-Speyer-opens-its-first-IT-park-in-India/articleshow/5998923.cms Tue, 01 Jun 2010 17:Jun:st 17JunIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FTishman-Speyer-opens-its-first-IT-park-in-India%2Farticleshow%2F5998923.cms Shortly after Dewan Housing and Muthoot Group announced their plans to foray into the low-cost housing segment, UP-based non-banking firm, SE Investments today said it would float a subsidiary targeting low-income clients. http://economictimes.indiatimes.com/markets/real-estate/news-/SE-Investments-plans-low-cost-housing-company/articleshow/5990621.cms Mon, 31 May 2010 12:May:st 12MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FSE-Investments-plans-low-cost-housing-company%2Farticleshow%2F5990621.cms Puravankara Projects today said it has entered into an agreement with Mexico-based Homex India Private to form a joint venture company for affordable housing projects. http://economictimes.indiatimes.com/markets/real-estate/news-/Puravankara-forms-JV-company-with-Mexicos-Homex/articleshow/5742074.cms Tue, 30 Mar 2010 17:Mar:th 17MarIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FPuravankara-forms-JV-company-with-Mexicos-Homex%2Farticleshow%2F5742074.cms The Realty Sector Dissents http://indiarealestatemonitor.com/property-news/the-realty-sector-dissents/ Tue, 16 Mar 2010 16:Mar:th 16MarIST http%3A%2F%2Findiarealestatemonitor.com%2Fproperty-news%2Fthe-realty-sector-dissents%2F A home by Shah Rukh Khan http://news.indiahousing.com/sep08/shah-rukh-khan-real-estate-news.html Tue, 02 Mar 2010 14:Mar:nd 14MarIST http%3A%2F%2Fnews.indiahousing.com%2Fsep08%2Fshah-rukh-khan-real-estate-news.html Holi through the year! http://realestate.indiatimes.com/articleshow/msid-1446767,curpg-4.cms Mon, 01 Mar 2010 18:Mar:st 18MarIST http%3A%2F%2Frealestate.indiatimes.com%2Farticleshow%2Fmsid-1446767%2Ccurpg-4.cms The Benefits of a Townhome http://ezinearticles.com/?The-Benefits-of-a-Townhome&id=3803239 Wed, 24 Feb 2010 13:Feb:th 13FebIST http%3A%2F%2Fezinearticles.com%2F%3FThe-Benefits-of-a-Townhome%26id%3D3803239 Realty cos eye infrastructure push, easier taxes http://economictimes.indiatimes.com/markets/real-estate/realty-trends/Realty-cos-eye-infrastructure-push-easier-taxes/articleshow/5592711.cms Tue, 23 Feb 2010 11:Feb:rd 11FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2FRealty-cos-eye-infrastructure-push-easier-taxes%2Farticleshow%2F5592711.cms Retail Sector demands Industry Status http://www.indianrealtynews.com/real-estate-india/retail-sector-demands-industry-status.html Mon, 22 Feb 2010 11:Feb:nd 11FebIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fretail-sector-demands-industry-status.html Demand Boost may Pick up Realty prices http://www.indianrealtynews.com/real-estate-developers/demand-boost-may-pick-up-realty-prices.html Thu, 18 Feb 2010 10:Feb:th 10FebIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-developers%2Fdemand-boost-may-pick-up-realty-prices.html Tips For Buying Your First Home http://realestatefactsonline.com/tips-for-buying-your-first-home/ Tue, 16 Feb 2010 14:Feb:th 14FebIST http%3A%2F%2Frealestatefactsonline.com%2Ftips-for-buying-your-first-home%2F Are NRIs deserting Indian realty market? http://economictimes.indiatimes.com/markets/real-estate/news-/Are-NRIs-deserting-Indian-realty-market-/articleshow/5451684.cms Mon, 15 Feb 2010 15:Feb:th 15FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FAre-NRIs-deserting-Indian-realty-market-%2Farticleshow%2F5451684.cms Mantri to roll out six townships http://economictimes.indiatimes.com/markets/real-estate/news-/Mantri-to-roll-out-six-townships/articleshow/5550394.cms Tue, 09 Feb 2010 15:Feb:th 15FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FMantri-to-roll-out-six-townships%2Farticleshow%2F5550394.cms Growth in IT Sector to Help Facilitate Growth in Real Estate http://www.indianrealtynews.com/real-estate-india/growth-in-it-sector-to-help-facilitate-growth-in-real-estate.html Fri, 05 Feb 2010 10:Feb:th 10FebIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fgrowth-in-it-sector-to-help-facilitate-growth-in-real-estate.html The Game of the Real Estate Market http://realestatefactsonline.com/the-game-of-the-real-estate-market/ Thu, 04 Feb 2010 11:Feb:th 11FebIST http%3A%2F%2Frealestatefactsonline.com%2Fthe-game-of-the-real-estate-market%2F Luxury Retail has Bright Prospect in India http://www.indianrealtynews.com/retail-market/luxury-retail-has-bright-prospect-in-india.html Wed, 03 Feb 2010 10:Feb:rd 10FebIST http%3A%2F%2Fwww.indianrealtynews.com%2Fretail-market%2Fluxury-retail-has-bright-prospect-in-india.html KP SIngh gets Padma Bushan for services to Real Estate Sector http://www.indianrealtynews.com/real-estate-india/kp-singh-awarded-padma-bhushan-for-services-to-real-estate-sector.html Thu, 28 Jan 2010 15:Jan:th 15JanIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fkp-singh-awarded-padma-bhushan-for-services-to-real-estate-sector.html Office rentals stabilize http://indiarealestatemonitor.com/property-news/office-rentals-stabilize/ Wed, 27 Jan 2010 14:Jan:th 14JanIST http%3A%2F%2Findiarealestatemonitor.com%2Fproperty-news%2Foffice-rentals-stabilize%2F India 3rd Most Popular Real Estate Destination among Emerging Countries http://www.indianrealtynews.com/real-estate-india/india-3rd-most-popular-real-estate-destination-among-emerging-countries.html Mon, 25 Jan 2010 11:Jan:th 11JanIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Findia-3rd-most-popular-real-estate-destination-among-emerging-countries.html New rules on real property valuation coming to India http://www.realestatetimes.in/cover-story/new-rules-real-property-valuation-coming-india Thu, 21 Jan 2010 10:Jan:st 10JanIST http%3A%2F%2Fwww.realestatetimes.in%2Fcover-story%2Fnew-rules-real-property-valuation-coming-india http://www.realestatetimes.in/cover-story/real-estate-events-and-exhibitions-how-useful-are-they Sat, 09 Jan 2010 12:Jan:th 12JanIST http%3A%2F%2Fwww.realestatetimes.in%2Fcover-story%2Freal-estate-events-and-exhibitions-how-useful-are-they http://indiarealestatelink.com/property-investing/real-estate-uses-celebritiese-name/ Wed, 06 Jan 2010 12:Jan:th 12JanIST http%3A%2F%2Findiarealestatelink.com%2Fproperty-investing%2Freal-estate-uses-celebritiese-name%2F http://www.realestatetimes.in/cover-story/new-rules-real-property-valuation-coming-indi Tue, 05 Jan 2010 17:Jan:th 17JanIST http%3A%2F%2Fwww.realestatetimes.in%2Fcover-story%2Fnew-rules-real-property-valuation-coming-indi http://www.indianrealtynews.com/retail-market/poor-retail-demand-may-lead-to-fewer-mall-construction-in-2010.html Thu, 31 Dec 2009 15:Dec:st 15DecIST http%3A%2F%2Fwww.indianrealtynews.com%2Fretail-market%2Fpoor-retail-demand-may-lead-to-fewer-mall-construction-in-2010.html http://indiarealestatemonitor.com/property-news/buyers-realize-homes-still-not-their-cup-of-tea/ Wed, 30 Dec 2009 18:Dec:th 18DecIST http%3A%2F%2Findiarealestatemonitor.com%2Fproperty-news%2Fbuyers-realize-homes-still-not-their-cup-of-tea%2F Despite of the upcoming IT Corridor in Coimbatore,Real Estate Growth seems to be sluggish http://www.indianrealtynews.com/real-estate-india/chennai/sluggish-growth-in-real-estate-coimbatore.html Tue, 29 Dec 2009 16:Dec:th 16DecIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fchennai%2Fsluggish-growth-in-real-estate-coimbatore.html Its time to Overcome the Real Estate Recession http://www.indianrealtynews.com/real-estate-india/commercial-real-estate-can-bounce-back-in-2010.html Sat, 26 Dec 2009 12:Dec:th 12DecIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fcommercial-real-estate-can-bounce-back-in-2010.html Management Courses for Real Estate Property Management http://www.realestatetimes.in/cover-story/educational-courses-real-estate-management Thu, 24 Dec 2009 14:Dec:th 14DecIST http%3A%2F%2Fwww.realestatetimes.in%2Fcover-story%2Feducational-courses-real-estate-management According to the �Emerging Trends in Real Estate Asia Pacific 2010 report� released recently, India�s Financial Capital Mumbai was ranked second only to Shanghai as the most promising development market. http://www.indianrealtynews.com/real-estate-india/mumbai/mumbai-rated-as-the-2nd-most-promising-development-market.html Tue, 22 Dec 2009 18:Dec:nd 18DecIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fmumbai%2Fmumbai-rated-as-the-2nd-most-promising-development-market.html The festive season is considered an auspicious period for buying a new home. But, this time around, potential home owners in Mumbai are faced with the million-dollar question http://economictimes.indiatimes.com/markets/real-estate/realty-trends/Dream-Homes-Buy-now-or-wait-/articleshow/5121823.cms Thu, 15 Oct 2009 12:Oct:th 12OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2FDream-Homes-Buy-now-or-wait-%2Farticleshow%2F5121823.cms Project details to be provided before hand. The bill requires developers to post project details, including civic clearances, on the real estate regulator's website. http://economictimes.indiatimes.com/articleshowpics/5059634.cms Wed, 07 Oct 2009 12:Oct:th 12OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Farticleshowpics%2F5059634.cms The ripples from the destruction and disruption caused by unseasonal rain and floods in the Deccan peninsula, particularly the economically important states of Andhra Pradesh and Karnataka, are expected be felt across India, impacting household budgets and companies over the coming weeks. http://economictimes.indiatimes.com/markets/real-estate/realty-trends/Deccan-floods-may-drown-household-budgets-India-Inc/articleshow/5095712.cms Wed, 07 Oct 2009 11:Oct:th 11OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Frealty-trends%2FDeccan-floods-may-drown-household-budgets-India-Inc%2Farticleshow%2F5095712.cms Homes are still not affordable. Those described as 'affordable homes' are hardly homes. http://economictimes.indiatimes.com/markets/real-estate/news-/Buyers-realise-homes-still-out-of-reach/articleshow/5095684.cms Wed, 07 Oct 2009 11:Oct:th 11OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FBuyers-realise-homes-still-out-of-reach%2Farticleshow%2F5095684.cms HDFC Asset Management Company has picked up 10% in Bangalore-headquartered real estate firm Nitesh Estates for Rs 100 crore, http://economictimes.indiatimes.com/markets/real-estate/news-/HDFC-AMC-acquires-10-in-Nitesh-Estates-for-Rs-100-crore/articleshow/5091850.cms Tue, 06 Oct 2009 09:Oct:th 9OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FHDFC-AMC-acquires-10-in-Nitesh-Estates-for-Rs-100-crore%2Farticleshow%2F5091850.cms Financial intelligence Unit (FIU), India�s anti-money laundering agency, wants to scan real estate deals. http://economictimes.indiatimes.com/markets/real-estate/news-/All-property-deals-to-be-scanned-by-fin-watchdog/articleshow/5079409.cms Sat, 03 Oct 2009 10:Oct:rd 10OctIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FAll-property-deals-to-be-scanned-by-fin-watchdog%2Farticleshow%2F5079409.cms Real estate developer Omaxe Ltd may raise prices this fiscal year and plans to launch four new projects over the next two months on http://economictimes.indiatimes.com/markets/real-estate/news-/Omaxe-may-raise-prices-to-launch-new-projects/articleshow/5068218.cms Wed, 30 Sep 2009 11:Sep:th 11SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Fmarkets%2Freal-estate%2Fnews-%2FOmaxe-may-raise-prices-to-launch-new-projects%2Farticleshow%2F5068218.cms Manoj and Sindhu � a young couple who moved to the Silicon Valley with IT jobs � had been living in the same house for over a decade. http://economictimes.indiatimes.com/articleshowpics/5061820.cms Tue, 29 Sep 2009 13:Sep:th 13SepIST http%3A%2F%2Feconomictimes.indiatimes.com%2Farticleshowpics%2F5061820.cms These are investors who are taking an opportunistic view of the situation where prices have corrected considerably in many locations ,� says Sanjay Dutt, CEO business at Jones Lang LaSalle Meghraj (JLLM). He estimates that a good 40% of the stock sold in the last few months would have gone to investors. Thu, 10 Sep 2009 13:Sep:th 13SepIST A sovereign fund of the Sultanate of Oman is investing roughly Rs 620 crore, or $125 million, in Mangalore-based realty developer Mohtisham�s 300-acre integrated township, sources privy to the development said. Thu, 10 Sep 2009 13:Sep:th 13SepIST Mothercare, a UK retailer for kids and expectant mothers, is forming a 51:49 joint venture with India�s largest real estate company DLF, said two people close to the development. Thu, 10 Sep 2009 13:Sep:th 13SepIST Close on the heels of launching Indiabulls Sky, its high-end residences project in South Mumbai, Indiabulls Real Estate Ltd has now announced the launch of a mini-township, Indiabulls Greens, just 5 kilometers from Panvel station. Spread across a serene 25 acres in close proximity to the Mumbai-Pune highway, the project offers a good alternative for buyers from Kharghar and Belapur looking to upgrade to a bigger home and a better lifestyle. Thu, 10 Sep 2009 12:Sep:th 12SepIST TATA HOUSING, an arm of Tata Sons that shot into limelight by launching homes for Rs 4 lakh near Mumbai, is in talks with at least two PE funds Thu, 10 Sep 2009 12:Sep:th 12SepIST The demand fundamentals of India are now focused around cities that have sufficient economic activity, be it industrial, service sector-driven or incentive-driven programs by the State Government Fri, 04 Sep 2009 18:Sep:th 18SepIST For once, developers in the state are pressing for an industry status for realty sector. Issues like financial support from banks, transparency in functioning of revenue department and reforms in archaic concepts of development control regulations are now teething problems for the sector. Fri, 04 Sep 2009 18:Sep:th 18SepIST Following a slew of new launches in the affordable housing segment in the past few months, real estate developers in the country are once again showing interest in land acquisition. Wed, 02 Sep 2009 12:Sep:nd 12SepIST While everybody is speaking about how good an opportunity it is to put in your money in real estate now, investors who intending to sell could do well waiting for about six more months to get some added advantage, say experts. Wed, 02 Sep 2009 12:Sep:nd 12SepIST Hotel-cum-tourism PSU, Indian Tourism Development Corporation (ITDC) plans to make private hotel companies and real estate players its franchisee partners. Wed, 02 Sep 2009 12:Sep:nd 12SepIST The developer has to either keep prices low or tie up with funding agencies such as private equity and complete the projects to get a delta premium for the built property. http://www.thehindubusinessline.com/iw/2009/08/30/stories/2009083050781200.htm Tue, 01 Sep 2009 11:Sep:st 11SepIST http%3A%2F%2Fwww.thehindubusinessline.com%2Fiw%2F2009%2F08%2F30%2Fstories%2F2009083050781200.htm t�s not merely prices, buyers are also concerned about infrastructure, something that many projects lack http://www.mydigitalfc.com/real-estate/affordability-eye-beholder-458 Tue, 01 Sep 2009 11:Sep:st 11SepIST http%3A%2F%2Fwww.mydigitalfc.com%2Freal-estate%2Faffordability-eye-beholder-458 The top three information technology service providers � Tata Consultancy Services (TCS), Infosys Technologies and Wipro Ltd � have cumulatively got approvals for developing 15 special economic zones (SEZs), but both analysts and the companies say these will be delayed due to the economic slowdown. http://www.business-standard.com/india/news/it-majors-go-slowsez-expansion/368348/ Tue, 01 Sep 2009 11:Sep:st 11SepIST http%3A%2F%2Fwww.business-standard.com%2Findia%2Fnews%2Fit-majors-go-slowsez-expansion%2F368348%2F NRI businessman C Sivasankaran is learnt to have put his 1.2 lakh square feet bungalow in Chennai on the block. Tue, 01 Sep 2009 11:Sep:st 11SepIST Mumbai continues to be the second costliest city in Asia Pacific in terms of prime rental rates. With rent of about USD 800 per sq metre per annum, Mumbai is ahead of the likes of Tokyo (USD 750 per sq metre p.a.) and Singapore (USD 625 per sq metre p.a.) as per the latest report of real estate consultancy firm Jones Lang LaSalle. Thu, 27 Aug 2009 13:Aug:th 13AugIST The Singapore-listed Indiabulls Properties Investment Trust, which is part of realty major Indiabulls Real Estate, is planning to raise up to 200 million Singapore dollars (about Rs 676 crore) through a rights issue. Thu, 27 Aug 2009 12:Aug:th 12AugIST The stand-off between the builders and the government over levy of infrastructure and amenities charges seems to be heading towards an amicable settlement with the Confederation of Real Estate Developers' Association of India (CREDAI) withdrawing a case it had filed in the Madras high court challenging amenities charges. Thu, 27 Aug 2009 11:Aug:th 11AugIST India Inc was on a savage cost cutting drive in the latter half of 2008-09. Salary cuts and job losses became the order of the day. http://economictimes.indiatimes.com/Realty-bosses-took-10-times-pay-hike-as-sales-plunged/articleshow/4935337.cms Thu, 27 Aug 2009 11:Aug:th 11AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2FRealty-bosses-took-10-times-pay-hike-as-sales-plunged%2Farticleshow%2F4935337.cms City realtors are shocked by the arson at Vedic Village in Rajarhat and fear that unless strong action is taken, investor and buyer confidence would be rattled. Terming the incident unfortunate, Confederation of Real Estate Developers Association of India (CREDAI) national president Santosh Rungta said it had raised basic concerns of how effective the administration is in tackling law and order problems. http://www.indianrealtynews.com/real-estate-india/kolkata-realtors-shocked-over-vedic-village-arson.html Wed, 26 Aug 2009 12:Aug:th 12AugIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fkolkata-realtors-shocked-over-vedic-village-arson.html Demand for residential projects in major cities is picking up on lower home loan rates, property price cuts by developers and job market recovery, a study by Religare Capital Markets Ltd said. Wed, 26 Aug 2009 12:Aug:th 12AugIST Indiabulls has bagged the city�s biggest redevelopment project. Gagan Banga, spokesperson for the group, said the Mantralaya venture was the most expensive project in the country. Wed, 26 Aug 2009 12:Aug:th 12AugIST Indiabulls Power, a unit of Indiabulls Real Estate, is in the final stages for a pre-IPO placement to raise Rs 410 crore from a group of banks and financial institutions. It is also looking to place the shares with a couple of private equity players, said people familiar with the development. Wed, 26 Aug 2009 11:Aug:th 11AugIST India Inc�s hiring activity picked up by 1.3 per cent in July with improvement in recruitment in IT, real estate and retail sectors, says a survey by job portal Naukri.com. Sat, 22 Aug 2009 11:Aug:nd 11AugIST A stint or two abroad is a common thing for most professionals these days. No wonder, financial advisors have to deal with many Indians with non-resident tag these days. According to them, most non-residents are keen to keep their Indian ties intact and invest in various avenues like mutual funds (MFs), fixed deposits, real estate and so on Sat, 22 Aug 2009 11:Aug:nd 11AugIST DLF has bagged the country�s largest land deal so far for Rs 1,750 crore, barely two days after it emerged as the sole bidder for the 350.7 acres of prime real estate in Gurgaon. This is also seen as a sign of revival of real estate in the country. The land was originally tendered in January 2009, but not much interest was shown by the developers so the authority decided to shelve the process. It was put for re-bid later this year and received three bids. Sat, 22 Aug 2009 11:Aug:nd 11AugIST The government is considering a sweeping review of its FDI guidelines following increasing risk of terror funds being parked in the country and other investments fraught with security implications. Sat, 22 Aug 2009 11:Aug:nd 11AugIST The demand fundamentals of the India story are now focused around all cities that have sufficient economic activity, be it industrial, service sector-driven or incentive-driven programs by the State Government. http://www.constructionweekonline.in/article-5382-the_tier_ii_iii_real_estate_story__then_and_now/ Sat, 22 Aug 2009 11:Aug:nd 11AugIST http%3A%2F%2Fwww.constructionweekonline.in%2Farticle-5382-the_tier_ii_iii_real_estate_story__then_and_now%2F The market, especially for budget homes, is picking up, but the buyers are cost conscious and hard to please. http://www.thehindubusinessline.com/iw/2009/08/16/stories/2009081650451500.htm Wed, 19 Aug 2009 10:Aug:th 10AugIST http%3A%2F%2Fwww.thehindubusinessline.com%2Fiw%2F2009%2F08%2F16%2Fstories%2F2009081650451500.htm Keep your bankers close, but your buyers closer. The Indian realty sector, crawling out of one of its toughest slumps, is literally moving closer to prospective home buyers as leading players look to inject more trust and entice reluctant fence-sitters. Wed, 19 Aug 2009 10:Aug:th 10AugIST Environment-friendly and energy- efficient buildings are increasingly becoming popular and may grow over three times in the next five years, thereby offering new opportunities to the beleaguered construction industry, a government official said today. Wed, 19 Aug 2009 10:Aug:th 10AugIST Good news for property buyers. The obnoxious black money, or the unaccounted cash component, for buying a flat is slowly fading out with buyers calling the shots in a market still being rebuilt after crumbling in last year�s financial storm. http://economictimes.indiatimes.com/Markets/Real-Estate/Realty-Trends/Black-money-falling-flat/articleshow/4900514.cms Wed, 19 Aug 2009 10:Aug:th 10AugIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarkets%2FReal-Estate%2FRealty-Trends%2FBlack-money-falling-flat%2Farticleshow%2F4900514.cms Chennai-based Coromandel Engineering (CECL), part of the US$3 billion Murugappa Group, has lined up a slew of residential and commercial projects in Chennai even prior to its proposed entry into Karnataka. Fri, 14 Aug 2009 11:Aug:th 11AugIST Housing, is affordable and affordable housing is even more affordable. That�s the mantra of Confederation of Real Estate & Developer�s Association of India�s (Credai) � Karnataka chapter. Fri, 14 Aug 2009 11:Aug:th 11AugIST Reviving demand in the infrastructure and real estate sectors is cascading down to the construction equipment rental industry. Fri, 14 Aug 2009 11:Aug:th 11AugIST Bogged down by the economic slowdown, the real estate sector is going all out to woo would-be buyers. Builders and realtors from across the country, thus, went all out to promote their upcoming projects at the three-day Property Expo, which concluded at Pragati Maidan on Monday. Thu, 06 Aug 2009 15:Aug:th 15AugIST The real estate space has started improving post April and south India has started showing signs of picking up too http://www.moneycontrol.com/india/news/business/constructing-over-5000-affordable-homes-puravankara/409916 Thu, 06 Aug 2009 15:Aug:th 15AugIST http%3A%2F%2Fwww.moneycontrol.com%2Findia%2Fnews%2Fbusiness%2Fconstructing-over-5000-affordable-homes-puravankara%2F409916 Nitesh Estates, a Bangalore-based realty major, is on private equity trail after Citigroup snapped a $350-million funding last year, citing the deteriorating economic environment. Thu, 06 Aug 2009 15:Aug:th 15AugIST Industry body Assocham today said the government should appoint a real estate regulator to help expedite the redressal of consumer grievances. http://www.livemint.com/2009/08/04164717/Govt-should-appoint-real-estat.html?h=B Wed, 05 Aug 2009 12:Aug:th 12AugIST http%3A%2F%2Fwww.livemint.com%2F2009%2F08%2F04164717%2FGovt-should-appoint-real-estat.html%3Fh%3DB While demand for homes has picked up in the suburbs, thanks to the spate of budget housing projects (homes upwards of Rs 10 lakh) announced by numerous builders recently, banks are still not witnessing offtakes for home loans upwards of Rs 50 lakh. Wed, 05 Aug 2009 11:Aug:th 11AugIST Despite the global financial meltdown owing to overexposure to the housing sector, Indian banks were quite bullish in their investments to the real estate. The total outstanding credit to the real estate sector by Indian banks, both government-owned and private, at the end of March 2009 was Rs 91,500 crore as against Rs 63,000 crore till March 2008. This was not only an increase of 45% over the previous year but was more than double the amount of Rs 44,000 crore exposure of these banks during the boom period of 2007. Tue, 04 Aug 2009 15:Aug:th 15AugIST With the first signs surfacing of a revival in the realty sector, several developers have resumed buying large plots of land for building luxury and budget housing projects as well as to enter new markets. http://www.livemint.com/2009/08/02214942/Bigticket-land-buys-on-realty.html?h=B Tue, 04 Aug 2009 15:Aug:th 15AugIST http%3A%2F%2Fwww.livemint.com%2F2009%2F08%2F02214942%2FBigticket-land-buys-on-realty.html%3Fh%3DB Provident Housing, a fully-owned subsidiary of the Bangalore-based Puravankara Group, is learnt to have bought a 62-acre land parcel in the outskirts of Bangalore. The deal is believed to have been struck for a value of Rs 150 crore. Tue, 04 Aug 2009 15:Aug:th 15AugIST Shareholders can continue to stay invested in Puravankara Projects. For a mid-tier realty player, the company has done well to stay away from the debt trap that many of its peers were caught in, not too long ago. Puravankara has also been prudent in not launching any new projects over the past year under the parent company and has, instead, made a successful entry into mid-income housing through its subsidiary. Mon, 03 Aug 2009 11:Aug:rd 11AugIST A maritime college, an engineering college and many real estate firms are slowly converting the sterile Kalpakkam nuclear zone into a development zone without the approval of the District Town and Country Planning (DTCP) authorities. Mon, 03 Aug 2009 11:Aug:rd 11AugIST Industry welcomes interest subvention on home loans in the affordable housing segment and extension of tax holiday for housing projects, but feels these are not enough. Mon, 03 Aug 2009 11:Aug:rd 11AugIST Is it a good time to buy or sell in the real estate market right now? Chances are that as a prospective buyer or a property owner, you may be facing a serious dilemma. Sat, 01 Aug 2009 11:Aug:st 11AugIST In a few months from now, a uniform real estate valuing method will be put in place across the country. For that, the National Housing Bank (NHB) has prepared a draft of real estate uniform valuing methods Sat, 01 Aug 2009 11:Aug:st 11AugIST What�s in a name, you may ask. Lots, if you believe the nation�s property developers and go by the latest trend in the real estate industry as well. Sat, 01 Aug 2009 11:Aug:st 11AugIST At an office building in a business district near Washington, D.C., a sign advertises commercial space for rent. Vacancies used to be snapped up quickly here, but the building manager said the sign has hung for months and no one has expressed interest in leasing the space. Fri, 31 Jul 2009 12:Jul:st 12JulIST Finance minister Pranab Mukherjee said that the interest rate subsidy for mid-segment housing would be routed to customers through commercial banks and housing companies registered with the National Housing Bank. Fri, 31 Jul 2009 12:Jul:st 12JulIST While the real estate sector is showing some signs of bouncing back, thanks to the positive response evoked by a large number of budget housing projects (homes upwards of Rs 10 lakh) launched in the suburbs, the sale of residential space in places like Teynampet, Nungambakkam, Mount Road and Mylapore in the heart of the city is still muted. Fri, 31 Jul 2009 12:Jul:st 12JulIST Movements in prices of real estate, particularly residential housing, is of vital importance to the macroeconomy as well as to individual households. For most Indians, a house is the single largest component of wealth and one that has been acquired with considerable efforts and possibly, some sacrifice. Fri, 31 Jul 2009 12:Jul:st 12JulIST In what could be a trendsetter, Chennai-based L&T Arun Excello Realty -- a joint venture between an L&T subsidiary and a local real estate grou Fri, 31 Jul 2009 12:Jul:st 12JulIST Encouraged by price correction and lowering of interest rates, the real estate market, after a period of relative inactivity lasting the first few months of the year, witnessed improved levels of activity on the part of retail investors in the residential sector, especially in the low to mid-end housing segment, said experts as well as market analysis reports of the second quarter in 2009. Wed, 29 Jul 2009 13:Jul:th 13JulIST All eyes are now on the government sector. Government employees are being wooed like never before be it real estate, consumer durables and auto. Wed, 29 Jul 2009 13:Jul:th 13JulIST The government will extend tax breaks for industrial park schemes and developers of real estate and road projects to stimulate the economy and lift growth to 8-9 percent by the end of 2010, the finance minister said on Monday. Wed, 29 Jul 2009 13:Jul:th 13JulIST Property developer Prestige Group is evaluating building houses in the Rs 12-25 lakh range as it believes this segment will bring in volumes. On whether this will be a viable option for the builder, Irfan Razack, Chairman and Managing Director, Prestige Group, said, �This depends on where we get land at reasonable prices. We will have to see where else to cut costs. Wed, 29 Jul 2009 13:Jul:th 13JulIST Tobacco-to-hotels major ITC Ltd has lined up an investment of Rs 8,000 crore to scale up its hotels business. The company is looking at both the organic and the inorganic routes to expand and is also open to the idea of picking up a strategic stake in a hotel project. Wed, 29 Jul 2009 12:Jul:th 12JulIST FIIs, who resumed their buying spree after a brief pause in the run up to the Budget, are placing their bets on realty stocks. FIIs, who have net bought equity worth more than $6 billion so far this year, have increased their stakes substantially in top realty companies in three months, boosting prices of stocks in the sector. Wed, 29 Jul 2009 12:Jul:th 12JulIST Pride Group of Hotels, part of S P group of companies, is planning to invest around Rs 8 billion by 2015 and to fund the projects, the company is planning to raise Rs 2 billion through initial public offering (IPO), reports Business Standard. Wed, 29 Jul 2009 12:Jul:th 12JulIST The Centre�s move to extend by two years a key tax exemption available to builders of smaller homes and give interest subsidy to home buyers is likely to boost supply of lower-priced homes and could nudge fence-sitters to return to the market, industry officials say. Wed, 29 Jul 2009 12:Jul:th 12JulIST New Delhi based PE firm Red Fort Capital Advisors Pvt Ltd is also said to be in the race. Top notch investment firms including New York based Blackstone Group LP, Apollo Investment Management LP are on the race to buy stake in Bank of America Merrill Lynch Asian real estate investment business. Wed, 22 Jul 2009 11:Jul:nd 11JulIST Along with Chinese and Indians, Ethiopia could now see a rush of investment from the Gulf, with the Dubai state investment company�s $100 million hospitality venture getting a green light. Tue, 21 Jul 2009 10:Jul:st 10JulIST The quarter ended June 2009 saw the BSE Sensex gyrating with elation after the results of the general elections, rising in anticipation of a path-breaking budget, only to sag in disappointment over just another run-of-the-mill budget presentation in July. Tue, 21 Jul 2009 10:Jul:st 10JulIST The cost of bank loans for firms engaged in the business of hotels and hospitality may decline, with the Reserve Bank of India (RBI) proposing to keep such loans out of what is considered to be banks� commercial real estate (CRE) exposure. According to 7 July draft guidelines released by RBI, bank loans to entrepreneurs for acquiring real estate for their business would not be classified as CRE exposure. Tue, 21 Jul 2009 10:Jul:st 10JulIST Nepal may not be the obvious next property hotspot but the mountainous country between India and China is experiencing a mini real estate boom as wealthy Nepalese real estate investors seek a safe have for their money, it is claimed. Tue, 21 Jul 2009 10:Jul:st 10JulIST The ministry of corporate affairs (MCA) has suggested that Maytas Infra, the infrastructure arm headed by Teja Raju, could go the Satyam way. Corporate affairs minister Salman Khursheed, in an interview to a news channel on Sunday, opined that the government-nominated directors on the Maytas board could explore the possibility of a stake sale. Mon, 20 Jul 2009 16:Jul:th 16JulIST The Chennai-based Repco Home Finance Ltd (RHFL) has registered significant growth in home loan offtake during the first quarter of the current year. Mon, 20 Jul 2009 15:Jul:th 15JulIST Call it recession or an oversupplied market (in terms of office space), or the general negative sentiment prevailing in the market, office real estate hit an all time low with values nearly bottoming out as compared to its peak around 8-12 months ago, in fact, the commercial real estate values dropped by an average of 25% in all markets and touched 50% in some. Sat, 18 Jul 2009 14:Jul:th 14JulIST Hiranandani Upscale, a fully-owned company of Mumbai-based developer Hiranandani Group, is learnt to have bought 135 acres in Bangalore, Chennai and Hyderabad for Rs 800 crore. According to a person involved in the transaction, the agreement had been signed last month between Hiranandani Upscale and three individual sellers in these cities. �The three land parcels comprise 80 acres in Bangalore, 35 acres in Chennai and 20 acres in Hyderabad,� said the person. Hiranandani Upscale plans to develop townships in these cities at a later date. Sat, 18 Jul 2009 14:Jul:th 14JulIST In a signal that India�s retail trade sector may not be opened any further, the government Wednesday said the interests of small traders will be protected as the industry is the second largest employer after agriculture. Sat, 18 Jul 2009 14:Jul:th 14JulIST Industry body Assocham has asked the government to review the draft of Real Estate Regulator Bill saying many of its provisions are harsh and inimical to the sector. Sat, 18 Jul 2009 14:Jul:th 14JulIST Bring out the defibrillators for commercial real estate. The commercial real estate market is still dead � at least the part the Federal Reserve has targeted to resuscitate lending for developers and owners of office buildings, hotels and other commercial property. Sat, 18 Jul 2009 14:Jul:th 14JulIST As at least 8,000 workers and professionals rush to complete the world�s tallest, 160-storey (818m tall) Burj Dubai tower by its December deadline, 1,800 workers are at the Imperial Towers project site in southern Mumbai finishing what will be India�s tallest building. The 252m-tall, 65-storey twin- tower project that began in 2002 is scheduled to be completed later this year. Sat, 18 Jul 2009 14:Jul:th 14JulIST Large realty firms are likely to report lower revenues and net profits in the three months to June from a year ago because of lower demand, lower prices and huge debts. Analysts, however, expect that when the companies report results for the June quarter, there might be some improvement from the preceding three months, signalling that demand might have returned slowly and financial restructuring has helped. Sat, 18 Jul 2009 14:Jul:th 14JulIST ICICI Venture is launching a Rs 1,000Cr real estate fund, which will focus on commitments from domestic investors. Fri, 17 Jul 2009 11:Jul:th 11JulIST The country�s special economic zones (SEZ) have attracted foreign direct investment (FDI) of over Rs 10,900 crore in the last three years, Minister of State for Commerce and Industry Jyotiraditya Scindia said today. Fri, 17 Jul 2009 11:Jul:th 11JulIST Chief minister of Kolkata Buddhadeb Bhattacharjee�s tryst with the Salim group to make up for the state�s inadequate infrastructure seems to have hit a blind lane. State finance minister Asim Dasgupta on Thursday formally announced the government�s decision to scrap the much-hyped Barasat-Raichak expressway while speaking on the Appropriation Bill in the Assembly. Fri, 17 Jul 2009 11:Jul:th 11JulIST Even as the Pimpri-Chinchwad Municipal Corporation (PCMC) issued 146 notices to developers/builders asking them to take measures to prevent mosquito breeding at constructions sites, the civic body announced a joint drive with builders to undertake fogging to prevent occurrences of dengue and malaria cases in the municipality. Fri, 17 Jul 2009 11:Jul:th 11JulIST The real estate sector, which has been languishing for some time, appears to have found its feet with focus on affordable housing and this may reflect in the June quarter results of the companies. Fri, 17 Jul 2009 11:Jul:th 11JulIST The green shoots of March quarter didn't die. Rather they grew up to signal a clear economic recovery in the second quarter. Steel and cement consumption � an important barometer of economic activity � kept its March quarter momentum on the back of robust infrastructure demand. Fri, 17 Jul 2009 10:Jul:th 10JulIST Close on the heels of hastening the planning permission mechanism for small buildings, the Chennai Metropolitan Development Authority has initiated steps to put the approval process for multistoreyed buildings (MSB) also on the fast track in the Chennai metropolitan area. Thu, 16 Jul 2009 11:Jul:th 11JulIST A man, wanted by city police for allegedly cheating NRIs to the tune of Rs eight core by luring them to invest in a non-existent hotel project in Karnataka two years ago, was arrested in Kolkata on Wednesday. Thu, 16 Jul 2009 10:Jul:th 10JulIST India�s legendary Lake Palace, a favourite hotel of the rich and famous and known as one of the most romantic retreats in the world, has lost its lake. Guests at the five-star hotel, which is normally reachable only by boat, are instead being ferried to their luxury rooms by four-wheel-drive vehicles. Thu, 16 Jul 2009 10:Jul:th 10JulIST �No frills, Simple homes� reads the banner hanging in the Delhi headquarters of Unitech, India�s leading property developer. Thu, 16 Jul 2009 10:Jul:th 10JulIST After long lull, there is flurry of activities in the realty sector. The large NRI community, especially Malyali and Punjabi, are on rampage. If the recent study of Assocham on the real estate scene in India is any indication, the large Malayali and Punjabi NRIs are buying the houses of their liking. Thu, 16 Jul 2009 10:Jul:th 10JulIST The Vadodara Estate Brokers� Association (VEBA) has started issuing identity card to its members in an attempt to avoid fraud in the real estate business. Along with the identity cards, the members will also carry a form with comprehensive details about both clients and agents. Thu, 16 Jul 2009 10:Jul:th 10JulIST City-headquartered VijayShanthi Builders today said they have obtained the planning approval for its Rs 300 crore Lotus Pond project from the Directorate of Town and Country Planning, Chennai. In a communication t Wed, 15 Jul 2009 11:Jul:th 11JulIST The three-km long elevated corridor from the Ambattur Industrial Estate to the Pattaravakkam railway station, the first of its kind in the state, is complete but vehicle-users have to wait for a year to use it. Wed, 15 Jul 2009 11:Jul:th 11JulIST According to a recent survey by Crisil Real Estate Research Group, the present downward trend in the real estate market will reverse by 2010. Wed, 15 Jul 2009 11:Jul:th 11JulIST Hi-Tech Infrastructure Private Limited, promoted by Coimbatore-based KG Information Systems Limited (KGISL), plans to invest around Rs 600 core over the next two years in building a township at a special economic zone (SEZ), the first SEZ for IT and ITeS sectors being developed at Saravanampally in Coimbatore. Wed, 15 Jul 2009 11:Jul:th 11JulIST Industry body Assocham along with the Ministry of Commerce and Industry will lead a 40-member business delegation comprising representatives from Videocon, JSW Steel, SAIL and others to Japan to attract investments to India�s Special Economic Zones (SEZs). Wed, 15 Jul 2009 11:Jul:th 11JulIST Malaysia-based hospital chain Columbia Asia Hospitals plans to set up 15 new multi-speciality hospitals in India in three years. Wed, 15 Jul 2009 11:Jul:th 11JulIST Ashok Leyland, the flagship of the Hinduja Group, and John Deere Construction & Forestry Company announced today the completion of all legal formalities for the formation of the joint venture company � Ashok Leyland John Deere Construction Equipment Private Ltd. Wed, 15 Jul 2009 10:Jul:th 10JulIST It is known that demand for housing has increased in last one month, but this growth is restricted towards new projects. Buyers are rejecting resale properties. Tue, 14 Jul 2009 15:Jul:th 15JulIST Cinepolis India, part of Mexico-based entertainment giant Cinépolis, has entered in to a strategic partnership with real estate development company Advance India Projects Ltd (AIPL) for its north India operation. As part of the plan, Cinepolis India will open its multiplex at Celebration Mall, one of AIPL construction to be operational in Amritsar, according to a company press release Tue, 14 Jul 2009 14:Jul:th 14JulIST Commercial real estate transactions, considered a key indicator of economic activity, is showing first signs of stability after a free fall during the early part of this year. According to real estate consultants, the worst phase for the industry seems to be over as lease rentals both in peripheral areas as well as the central business district (CBD) are showing signs of settling down, in addition to deals getting clinched. Tue, 14 Jul 2009 14:Jul:th 14JulIST India�s retail business, the second largest employer after agriculture, is estimated to touch $590 billion in two years, Parliament was informed today. Tue, 14 Jul 2009 14:Jul:th 14JulIST Presently facing a downward trend, the real estate market is likely to recover by 2010 with increase in demand for residential segment driven by improving affordability, steady economic growth and greater liquidity. These are the findings of a survey carried out in 10 cities, including Chandigarh, by the Crisil Real Estate Research Group. Tue, 14 Jul 2009 14:Jul:th 14JulIST Indian cities have the potential to have over 300 new hypermarkets by 2011, mostly in tier-I and tier-II cities, according to a joint study by global auditor KPMG and the Associated Chamber of Commerce and Industry (Assocham). Mon, 13 Jul 2009 11:Jul:th 11JulIST Developers in India have stopped offering discounts on properties and in some cases are even increasing prices as demand rises. Mon, 13 Jul 2009 11:Jul:th 11JulIST Commercial real estate transactions, considered a key indicator of economic activity, is showing first signs of stability after a free fall during the early part of this year. Mon, 13 Jul 2009 11:Jul:th 11JulIST Banks in India are urging property developers to stop increasing real estate prices as it could stall a recovery in the market. Mon, 13 Jul 2009 11:Jul:th 11JulIST The government department responsible for the promotion of industry is proposing easier rules to allow overseas investors to be part of smaller real estate projects and lower capitalisation norms for those which involve facilities related to hospitality or tourism. Mon, 13 Jul 2009 11:Jul:th 11JulIST While IT companies appear to have resigned themselves to the uncertainty in continuation of STPI (Software Technology Parks of India) benefits, IT space developers have not taken this well as they find themselves left with a huge surplus stock of developed space and locked up investments. Mon, 13 Jul 2009 11:Jul:th 11JulIST DLF has raised around Rs 1,000 crore through sale of land parcels across four cities in the past 4-5 weeks and is on course to close more such deals worth another Rs 500 crore in the coming weeks, two company executives said. Sat, 11 Jul 2009 13:Jul:th 13JulIST he Indian HNI (High Net Worth Individual ) is being aggressively wooed The Indian HNI (high net worth individual) is being aggressively wooed by foreign developers . With the balance of economic power shifting towards Asia, and with India projected to be the world's third largest economy by 2050, and a subsequent increase in the number of wealthy individuals, property consultants from across the globe are making a sales pitch, and also getting the HNI segment interested enough to buy. Sat, 11 Jul 2009 13:Jul:th 13JulIST The Central Government on Thursday said that it is considering a model legislation on regulating real estate in Delhi. Sat, 11 Jul 2009 13:Jul:th 13JulIST The global investment fund Ireo announced its plans to invest $500 million in real estate projects across the country. The project mix will include both residential and commercial developments. The $500 million fo-rms part of the $2 billion tranche of fund available with the Ireo. �We already have invested close to $1.5 billion towards Sat, 11 Jul 2009 13:Jul:th 13JulIST Planning a major foray into service apartments segment, international player Oakwood Worldwide would launch 11 five-star category temporary housing facilities across India over next three years.While the brand is already operational in Pune, Mumbai and Bangalore with four properties, it will have operations in prominent Indian cities such as Chennai, New Delhi, Hyderabad, Thiruananthapuram and Ahmedabad by 2012. Sat, 11 Jul 2009 13:Jul:th 13JulIST India�s largest real estate developer DLF has sold its stake in a 50:50 joint venture with Mumbai-based Ackruti City for developing a commercial project in Mumbai to a US-based real estate fund for over Rs 200 crore, two senior executives at DLF said, asking not to be named. Fri, 10 Jul 2009 11:Jul:th 11JulIST When property prices across the country shot up sharply, several tier II and tier III cities clocked a higher rate of growth than even the metros. Once the market sentiments turned negative, the downward spiral in prices were faster in these second and third-rung cities, as investors dropped them from their portfolio. Fri, 10 Jul 2009 11:Jul:th 11JulIST While most real estate developers were disappointed with the Budget, a few realtors and global property service provider Jones Lang LaSalle (NYSE:JLL) Meghraj stated that increased infrastructure spends would indirectly benefit real estate. Mr Anuj Puri, Chairman and Country Head, Jones Lang LaSalle Meghraj, said, of late, increasing number of infrastructure projects had a real estate component by virtue of a cross-subsidisation principle. Thu, 09 Jul 2009 12:Jul:th 12JulIST Riding high on the return of demand and rising sales in housing, several real estate developers are stopping discounts, have stalled further price cuts, increased prices in budget housing projects launched recently, and are returning to revive high-end projects. Property experts said they do not expect this to be reflective of demand returning strongly to the housing market and think it is just that some developers are testing the waters with higher prices. Thu, 09 Jul 2009 12:Jul:th 12JulIST Real estate players in the city are a disappointed lot as they feel the finance minister's proposals for the sector have ignored the aspirations of the Indian middle class. Thu, 09 Jul 2009 11:Jul:th 11JulIST Leading bankers on Tuesday cautioned real estate developers against raising residential prices, saying that any such move at this juncture would stall recovery in the market. �Certain top-rung developers have already started increasing prices, especially in mid-income projects, following the recent pick up in sales. Besides, with liquidity no longer a constraint, certain developers are seeking once again to increase their margins,� Mr Deepak Parekh, Chairman, HDFC, said. Thu, 09 Jul 2009 11:Jul:th 11JulIST The real estate sector leaders believe that no additional burden of taxes and duties in the Union Budget is good news for them as input costs will remain the same. Thu, 09 Jul 2009 11:Jul:th 11JulIST Leighton India has signed a Project Alliance Agreement with Tata Realty and Infrastructure Limited (TRIL) for the delivery of the new Ramanujan IT Park in Chennai, India. Thu, 09 Jul 2009 11:Jul:th 11JulIST Following new rate cuts in a highly competitive home loan market, real estate developers feel time has finally arrived to offload their projects, transform residential property demand into actual purchase decision by home seekers, generate capital for the new projects and thereby keep the market fluid. Thu, 09 Jul 2009 11:Jul:th 11JulIST It seems that Pranab Mukherjee presented a different budget in each of the six cities that ET Hansa Research Post Budget Mood of The Nation Poll was conducted. Thu, 09 Jul 2009 10:Jul:th 10JulIST Emaar MGF, a joint venture (JV) between MGF Developments and Emaar Properties of Dubai, has taken the first step towards return to the stock markets by initiating talks with an investment banker, reports Economic Times. Mon, 06 Jul 2009 15:Jul:th 15JulIST The Bangalore-based Mantri Developers has come out with compact apartments about 20-25 per cent smaller than what was commonly sold till last year. A residential unit now is about 1,000 sq.ft for a two-bedroom apartment instead of 1,300 sq.ft earlier. Mon, 06 Jul 2009 15:Jul:th 15JulIST Shriram Properties, part of the Chennai-headquartered diversified Shriram Group, has appointed Macquarie and Enam Financial Consultants as advisors for the proposed Rs 500-700-crore initial public offering. Thu, 02 Jul 2009 14:Jul:nd 14JulIST The government on Wednesday allowed developers of special economic zones to raise overseas debt for building infrastructure facilities within the zones. Thu, 02 Jul 2009 13:Jul:nd 13JulIST The tourism industry continues to lobby hard with the finance ministry, seeking infrastructure status for hotels, tax sops for restaurants and a uniform road tax on tourist vehicles in the next budget. Thu, 02 Jul 2009 13:Jul:nd 13JulIST Plans by the promoters of top real estate company DLF to buy out hedge fund DE Shaw�s investment in family-owned DLF Assets (DAL) could hit a roadblock because of a little known rule in the country�s foreign exchange laws, people familiar with the matter said. Thu, 02 Jul 2009 13:Jul:nd 13JulIST Activity levels are gaining traction in the near moribund housing market as a flurry of interest rate cuts, price drops and the building industry�s focus on affordable housing start to lure buyers back into the market. Wed, 01 Jul 2009 10:Jul:st 10JulIST The real estate sector plays a significant role in India�s economy. Almost 5% of the country�s gross domestic product (GDP) is contributed by housing alone and an unit increase in expenditure in this sector has a multiplier effect and the capacity to generate income as high as five times the increase in expenditure. Wed, 01 Jul 2009 10:Jul:st 10JulIST Asian property firms are beginning to see light at the end of the tunnel and several are positioning for an upturn even as the world economy struggles to recover from its worst recession in decades. Wed, 01 Jul 2009 10:Jul:st 10JulIST Having been hit the hardest by the economic downturn, embattled realty majors are betting big on the forthcoming Budget, to be presented on July 6, in a bid to revive the sector�s fortunes. Wed, 01 Jul 2009 10:Jul:st 10JulIST Real estate developers have begun to increase property prices in some pockets of Mumbai like Ghatkopar, Thane and Andheri, after emerging unscathed from a severe liquidity crunch. Wed, 01 Jul 2009 10:Jul:st 10JulIST The reality on the ground doesn't seem to be in keeping with the sharp run-up in stock prices. Tue, 30 Jun 2009 13:Jun:th 13JunIST Activity levels are gaining traction in the near moribund housing market as a flurry of interest rate cuts, price drops and the market. Tue, 30 Jun 2009 11:Jun:th 11JunIST Looking at replicating a Singapore or a new Shanghai model of development is not the way forward for Chennai or any other city, according to Jeb Brugmann, Canadian expert on urbanization. "People in rural areas in Tamil Nadu and elsewhere are increasingly looking to migrate to urban centres, and hold education and employability as the keys which will unlock the doors to better standards of living. Tue, 30 Jun 2009 11:Jun:th 11JunIST RE/MAX India, a part of the world's largest Real Estate franchising network has announced its plans of entering into the state of Gujarat. Tue, 30 Jun 2009 11:Jun:th 11JunIST DLF, India's largest real estate company, announced last week that it won't be selling many of its real estate holdings, which it had put on the block a few months back. Tue, 30 Jun 2009 11:Jun:th 11JunIST German retail giant Metro Cash & Carry is floating a real estate joint venture with local developers for its store network across the country. Under this proposal, Metro will transfer its land bank into the JVs and sell a majority stake to realty firms depending on the development potential at each location. Thu, 25 Jun 2009 11:Jun:th 11JunIST In line with a Central legislation, Maharashtra government will soon levy a cess on all public and private constructions in the state costing over Rs10 lakh, hoping to generate Rs2,000 crore annually for rolling out schemes for construction labourers. Thu, 25 Jun 2009 11:Jun:th 11JunIST Laxity in promoting Coimbatore as next IT destination after Chennai,time-consuming approval process, speculative land prices, conservative nature of people and lack of political clout are some of the key reasons identified behind the sluggish growth in real estate in the techcity. Thu, 25 Jun 2009 11:Jun:th 11JunIST The real estate market is likely to recover on increasing demand in the residential segment in 2010, driven by improving affordability, steady economic growth and greater liquidity, a Crisil report says. Thu, 25 Jun 2009 10:Jun:th 10JunIST A home is the ultimate security that every person wants. Just a year earlier ago prices of house were at an all-time high but soon economic slowdown forced the price to come down. Wed, 24 Jun 2009 19:Jun:th 19JunIST The Indian HNI (high net worth individual) is being aggressively wooed by foreign developers. Wed, 24 Jun 2009 19:Jun:th 19JunIST A real estate brokerage firm in the national capital has admitted to evading Rs 85 crore in taxes, official sources said. Wed, 24 Jun 2009 19:Jun:th 19JunIST In order to revive the demand in the real estate sector, Urban Development Minister Jaipal Reddy today favoured cheaper loans for buying houses. �Real estate is facing a slowdown. Fri, 19 Jun 2009 10:Jun:th 10JunIST Although, Indian economy as a whole has largely been insulated against the global economic slowdown, the Indian real estate sector has been severely been affected keeping in sync with the fortunes of the global real estate sector. Fri, 19 Jun 2009 10:Jun:th 10JunIST The newly formed Malaysia India Business Council (MIBC) is calling on more Malaysian companies to invest in South India, as the time was ripe for investments in the infrastructure and real estate sectors there. Fri, 19 Jun 2009 10:Jun:th 10JunIST Anglo Indian real estate fund Meghraj and British hotel chain Travelodge are together launching a £100 million ($164.5 million) fund called Tamesis Capital to invest in hotels in UK. The fund will focus on investing in distressed hotel assets, reports PropertyWeek.com. Fri, 19 Jun 2009 10:Jun:th 10JunIST Realty major DLF has sought government approval for building service apartments and commercial complexes in four special economic zones, of which two are located in Gurgaon. Fri, 19 Jun 2009 10:Jun:th 10JunIST Tamil Nadu government is planning a special IT industry economic zone spanning 1,000 square kilometres, according to T Willington, director of projects, Tamil Nadu Industrial Development Corporation (TIDCO). Fri, 19 Jun 2009 10:Jun:th 10JunIST If the lure of political power was not enough to convince the Leftists of the advantages of pragmatism then the state of the economy seems to have done the trick. Thu, 18 Jun 2009 10:Jun:th 10JunIST Buoyed by a huge response, real estate firm Tata Housing has added 300 units to its offer of 1,000 low-cost houses, which are being sold for Rs 4 lakh a flat, in Boisar near Mumbai. Wed, 17 Jun 2009 10:Jun:th 10JunIST Tecom�s decision to close its contract with Collin Buchnan, the master planner for the project, will have a serious �short-term impact� on the real estate sector, experts said. The real estate sector had been showing signs of recovery in the last few months but now it will have to adopt a wait and watch policy. Wed, 17 Jun 2009 10:Jun:th 10JunIST Investors cannot follow a buy-and-hold strategy, but there can be short-term gains. Wed, 17 Jun 2009 10:Jun:th 10JunIST Unitech, India's second largest realty major, is looking to raise more equity and is evaluating several options for this exercise. Wed, 17 Jun 2009 10:Jun:th 10JunIST Software solutions and services provider Zylog Systems India Ltd on Sunday announced the launch of its wireless internet service Tue, 16 Jun 2009 11:Jun:th 11JunIST Providing good growth potential for global retailers amid the economic slowdown, India has emerged as the most alluring market for investment in the retail sector, surpassing the likes of China, Russia and the United Arab Emirates. Tue, 16 Jun 2009 11:Jun:th 11JunIST As listed real estate firms brace to raise about $2 billion (Rs 9,600 crore) through qualified institutional placement routes, their unlisted counterparts are not far behind. Tue, 16 Jun 2009 10:Jun:th 10JunIST Merger of State Bank of India�s six associates with itself could be completed within six months once the Union Government extends approval for the process, SBI Chairman O P Bhatt said. Tue, 16 Jun 2009 10:Jun:th 10JunIST TVS Capital, an Indian mid-market-focused private equity firm, has hired D Sundaram, the former vice chairman of consumer goods company Hindustan Unilever, as vice chairman and managing director, according to VCCircle. Tue, 16 Jun 2009 10:Jun:th 10JunIST Real estate consultants are predicting a rise in property prices in the areas that will soon be linked by the Metro Rail project. Tue, 16 Jun 2009 10:Jun:th 10JunIST Western India remained the most favoured investment destination for corporates in 2008-09, according to an industry lobby report. Mon, 15 Jun 2009 12:Jun:th 12JunIST Ten months after the Maharashtra government announced a scheme for 500,000 rental homes in five years to fight a housing shortage and an expanding slum population in Mumbai, the results are starting to show. Sat, 13 Jun 2009 12:Jun:th 12JunIST With the market sentiment buoyant over the prospects of a stable and investment-friendly government at the Centre and a distinct exchange rate advantage, overseas Indians may once again turn their attention to the rapidly-recovering real estate market in India Sat, 13 Jun 2009 11:Jun:th 11JunIST The 12th India Realty Expo 2009 held in Dubai saw 106 flats worth Rs 65.33 crore being booked, a senior real estate industry official said Sat, 13 Jun 2009 11:Jun:th 11JunIST The rate of default in repaying home loan installments in public sector banks like SBI (State Bank of India) and PNB (Punjab National Bank) has gone up in the past six months as compared to private banks. Offering of these loans on a platter in the last six months so that the buying capacity is enhanced in a market beset with slowdown is believed to be one of the main reasons for the rate of defaults. Sat, 13 Jun 2009 10:Jun:th 10JunIST India�s real estate firms are seeking share sales to settle debt and meet working capital needs as valuations improve, but the funds won�t be enough to salvage them if sales don�t pick up, say industry watchers. Sat, 13 Jun 2009 10:Jun:th 10JunIST Red Fort Capital, a private equity real estate fund, has invested in a Delhi project of real estate firm Parsvnath Developers Ltd. Sat, 13 Jun 2009 10:Jun:th 10JunIST Green is in. Several new assets such as residences, hospitals, manufacturing units and hotels are rushing to register for a green rating. So far, IT parks and corporate offices have dominated the green building space in the country. Fri, 12 Jun 2009 10:Jun:th 10JunIST The Madras high court on Wednesday stayed collection of infrastructure and amenities charges by local bodies and regulatory agencies on Fri, 12 Jun 2009 10:Jun:th 10JunIST After mutual funds and insurance firms, it is now stock brokers who have begun selling flats and commercial spaces to prospective clients. Thu, 11 Jun 2009 13:Jun:th 13JunIST The iconic $ 31-billion Scandinavian home products giant, IKEA, has put on hold its plans to set up 25 showrooms across the country for an investment of around $ 1 billion. Thu, 11 Jun 2009 13:Jun:th 13JunIST After the President of India, Dr Pratibha Patil, mentioned affordable housing in her joint Parliamentary address a week ago, real estate sector has high expectations that this segment will get a leg-up in the Budget. Thu, 11 Jun 2009 13:Jun:th 13JunIST Real estate firms are seeking share sales to settle debt and meet working capital needs as valuations improve, but the funds won�t be enough to salvage them if sales don�t pick up, say industry watchers. Thu, 11 Jun 2009 13:Jun:th 13JunIST Real estate rates in Kolkata and Chennai didn't rise as rapidly as those in Mumbai, Delhi and Bangalore in the heady years of the boom. Now, as prices plunge in these cities, rates in the two metros aren't falling as much, say international property consultants including the local arms of Cushman and Wakefield and Jones Lang LaSalle Meghraj Thu, 11 Jun 2009 13:Jun:th 13JunIST To boost slowing demand in the realty sector and tap the growing market for affordable housing, realty firm Unitech Ltd will build 20,000 homes this year, priced between Rs10 lakh and Rs30 lakh, launching its first such project in Chennai this month. Thu, 11 Jun 2009 13:Jun:th 13JunIST A fortnight ago, Jaypee Greens started bookings for its housing project � Aman � at the 70-acre residential township on the Greater Noida Expresssway. All the 3,000 flats, priced at Rs 2,100 a sq ft, were sold out by the first day. Exactly a year ago, the Jaypee Group company was offering flats along the same expressway for Rs 4,500-6,000 a sq ft.Two days later, another Delhi-based developer, BPTP, announced that it had received bookings nearly four times more than its offer of 1,000 flats at its 1,500-acre township at Faridabad. Wed, 10 Jun 2009 10:Jun:th 10JunIST Police are investigating if arrested conman Ashok Jadeja, who is accused of duping thousands of people across India of millions of rupees by posing as a godman, made investments in the stock market and real estate last year Wed, 10 Jun 2009 10:Jun:th 10JunIST Homes sales in India are trickling back in some sections of the market, but industry watchers say a rebound is months away as buyers in the world's second-most populous country await further price corrections. Wed, 10 Jun 2009 10:Jun:th 10JunIST Two years after US realty czar Donald Trump Jr visited India and announced Trump Organization USA Llc.�s entry into the Indian property market, the company�s projects in Bangalore and Mumbai still remain on paper. Wed, 10 Jun 2009 10:Jun:th 10JunIST Realty companies are resorting to discounts to sell commercial properties in order to improve cash flows and reduce mounting debts. Wed, 10 Jun 2009 10:Jun:th 10JunIST Ashish Chugh, Investment Analyst & Author of Hidden Gems is of the view that Lancor Holdings is looking undervalued at this level. Tue, 09 Jun 2009 10:Jun:th 10JunIST Development on an eight-acre land parcel at Prabhadevi in Mumbai, which had put on hold in the wake of the economic slowdown, is all set Tue, 09 Jun 2009 10:Jun:th 10JunIST Praising Reserve Bank of India (RBI) for having safer home loan norms, American economist Duglas J Young said India does not have much impact of economic slowdown because of RBI�s safer home loan norms. Mon, 08 Jun 2009 18:Jun:th 18JunIST The Confederation of Real Estate Developers Association of India (CRDAI) which is the apex body of the private real estate developers has come to Mangalore. Mon, 08 Jun 2009 18:Jun:th 18JunIST Adversity opens up opportunities. With lower rentals and lower costs of buying office space, many companies have shifted offices to take advantage of the lower costs and to gear up for future expansion. Companies such as Swan Telecom-Etisalat and Tecpro Systems have leased and bought office space at much lower costs, in the range of 25-50%. Mon, 08 Jun 2009 17:Jun:th 17JunIST Real estate company Unitech Ltd plans to raise at least Rs700 crore this fiscal by selling commercial assets, including hotels, as part of its exercise to retire some of its Rs7,800 crore debt. Mon, 08 Jun 2009 17:Jun:th 17JunIST After being launched in cities like Delhi, Bangalore and Pune, service apartments will soon be a reality in Tier II and III cities. Mon, 08 Jun 2009 17:Jun:th 17JunIST India�s thumping electoral victory will mark the return of confidence and also funds to the Indian real estate sector, says Sukhraj Nahar, chairman of Nahar Group, �Having a stable government at the centre should provide a bottom to the Indian real estate market and help turn it around. Sat, 06 Jun 2009 11:Jun:th 11JunIST Twitter Inc's co-founders say the rapidly growing online communications company will eventually charge fees for its services, but it's unclear which ones and what will drive revenue. Sat, 06 Jun 2009 11:Jun:th 11JunIST Favourable exchange rates mean that India is now a blossoming real estate source, especially for non-resident Indians (NRIs) in the Gulf. Sat, 06 Jun 2009 11:Jun:th 11JunIST Infiniti Retail Ltd., an unlisted unit of India�s diversified Tata Group, plans to open more small stores this financial year as a real estate slowdown has made it difficult to get larger stores, its chief executive said. Sat, 06 Jun 2009 10:Jun:th 10JunIST Mumbai, which became the second-most expensive office property market globally one-and-a-half years ago at the peak of a real estate boom in the country, has now slipped out of the top-five list, as per a survey of 170 cities by real estate consultant CB Richard Ellis. Sat, 06 Jun 2009 10:Jun:th 10JunIST Maharashtra Chamber of Housing Industry, or MCHI, will be showcasing properties of major builders from India at the 12th India Realty Expo 2009, to be held in Dubai from June 4 to 6 at the Sheraton Dubai Creek Hotel and Towers. Fri, 05 Jun 2009 16:Jun:th 16JunIST The Mahindra group has decided to intensify its focus on special economic zones (SEZs) and real estate to take advantage of the improved sentiments witnessed in the sector across the country. Fri, 05 Jun 2009 16:Jun:th 16JunIST With the India Realty Expo 2009 opening in Dubai on Thursday, Indian real estate is back on the radar of NRIs and PIOs, says Zubin Mehta, CEO, MCHI. Fri, 05 Jun 2009 16:Jun:th 16JunIST RE/MAX, the world�s largest real estate franchising network entered India on the shoulders of Mr. Samir Chopra on 19th January 2009. Fri, 05 Jun 2009 16:Jun:th 16JunIST The Unitech Group has awarded the creative duties for its real estate vertical to Law & Kenneth. The Delhi wing of the agency has bagged the account, amounting close to Rs 50 crore. It was won after a multi-agency pitch which also included Capital Advertising. Wed, 03 Jun 2009 11:Jun:rd 11JunIST Till last year, Special Economic Zones (SEZs) were the flavour of the season. But for some developers, the downturn in the global economy is now forcing them to surrender their SEZs despite having received formal approvals from the Centre. Wed, 03 Jun 2009 11:Jun:rd 11JunIST Foreign fund house Citigroup Global Markets Mauritius has picked up a 0.11 per cent stake in domestic real estate developer Indiabulls Real Estate for Rs 7.45 crore. Wed, 03 Jun 2009 11:Jun:rd 11JunIST Union Government has reportedly decided not to apply an area limit of 5,000 hectare for SEZs if 2 or more such zones are merged thus making way for big SEZs in India. Wed, 03 Jun 2009 11:Jun:rd 11JunIST The world�s number one retailer Wal-Mart opened its first sales venture in India on Saturday as part of an ambitious plan to establish a foothold in the country�s vast consumer market. Wed, 03 Jun 2009 11:Jun:rd 11JunIST Indiabulls Real Estate Ltd., India�s third-biggest developer, was downgraded at Deutsche Bank AG, which cited the gains in the shares, a possible sale of warrants and �weak demand� for its Mumbai office projects. Wed, 03 Jun 2009 10:Jun:rd 10JunIST International real estate consultancy Jones Lang LaSalle Meghraj today released its study �The Investment Value of Real Estate�. Wed, 03 Jun 2009 10:Jun:rd 10JunIST The economic slowdown has brought greater rationality to real estate prices. With prices correcting in overheated pockets of metros and tier II cities, residential real estate has become more affordable and the scales have tilted in buyers� favour. Tue, 02 Jun 2009 10:Jun:nd 10JunIST Keen on matching supply with demand, real estate developers may spring up more than a hundred malls spread over 30-million sq ft in the country by end-2010 Tue, 02 Jun 2009 10:Jun:nd 10JunIST After struggling for months to sell large parts of its land bank to repay part of its debt, Bangalore-based Sobha Developers Ltd has changed tack. The realty firm is now scouting for joint developments and looking to sell smaller plots to keep the cash flowing. Several realty and infrastructure projects have been deferred or scrapped since late last year after funds became scarce. Tue, 02 Jun 2009 10:Jun:nd 10JunIST Chennai-based R K Industries, the Rs 150-crore manufacturer and exporter of garments, is setting up a luxury mall spread over 40,000 sq ft in the heart of the city. Tue, 02 Jun 2009 10:Jun:nd 10JunIST Credit rating agency CRISIL has started grading real estate valuers with the very first grading announced for a Mumbai based valuer. Tue, 02 Jun 2009 10:Jun:nd 10JunIST The private sector real estate players must reset their priorities so as to provide low-cost housing to the middle class and the poor. S Jaipal Reddey made the pint clear while taking charge of the urban ministry for the second consecutive term here on Friday. Mon, 01 Jun 2009 12:Jun:st 12JunIST With investors regaining their appetite for risk, Indian companies are hoping to make the most of it. Companies have lined up qualified institutional placements (QIPs) worth around Rs 30,000 crore and these issues should sail through without any trouble, provided the mood in the stock market remains positive, merchant bankers say. Mon, 01 Jun 2009 12:Jun:st 12JunIST As the liquidity crunch forced Indian retailers to curtail their expansion plans, real estate developers have also been forced to reduce the supply of retail space that was supposed to come up by 2010 by as much as 87 per cent according to a report by India Shopping Center Forum. Mon, 01 Jun 2009 12:Jun:st 12JunIST DHFL Property Services Ltd has tied-up with various developers and builders across the country to develop affordable projects for low and medium income groups in semi-urban and rural areas. Sat, 30 May 2009 13:May:th 13MayIST India's projected realistic GDP for the coming fiscal is estimated to be over the five per cent mark. With the infrastructure industry being the major contributor towards this growth, there is a need for a focused and sustained attention towards this sector. Sat, 30 May 2009 13:May:th 13MayIST Notwithstanding the impact of slowdown on realty sector and even after demand for flats up to Rs 30 lakh and 40 lakh and above really hit a new. Sat, 30 May 2009 13:May:th 13MayIST After a near 16-month hiatus, strategic investors are once again warming up to the real estate sector. A few foreign funds and local http://economictimes.indiatimes.com/Market-News/Investors-warm-up-to-realty-once-again/articleshow/4591345.cms Sat, 30 May 2009 13:May:th 13MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarket-News%2FInvestors-warm-up-to-realty-once-again%2Farticleshow%2F4591345.cms Hope is in the air and everyone wants a whiff of it, including the real estate sector. The Indian real estate sector has been through one of its http://economictimes.indiatimes.com/Markets/Real-Estate/Realty-Trends/Buyers-regain-confidence-in-real-estate/articleshow/4591560.cms Sat, 30 May 2009 13:May:th 13MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarkets%2FReal-Estate%2FRealty-Trends%2FBuyers-regain-confidence-in-real-estate%2Farticleshow%2F4591560.cms Foreign fund house Morgan Stanley has acquired 7.68 per cent stake in Indiabulls Real Estate for about Rs 570.18 crore, through qualified institutional placement (QIP) route. Fri, 29 May 2009 10:May:th 10MayIST Tata Realty and Infrastructure (TRIL), a unit of Tata Sons, expects to earn Rs 10,000 crore in revenues from its housing and commercial projects in the next four years, a top company official said. Fri, 29 May 2009 10:May:th 10MayIST India's realtors believe the sector will see signs of recovery in the next three months, according to the Associated Chambers of Commerce and Industry of India (Assocham). Thu, 28 May 2009 15:May:th 15MayIST The days of luxury housing projects aren�t over. Both these segments of the market, in fact, have their own demand and what varies across the segments is the quantum of demand. Thu, 28 May 2009 15:May:th 15MayIST Rajasthan has emerged as the leading state in the northern region for attracting the largest planned investment in 2008-09, industry body Assocham said on Wednesday. Thu, 28 May 2009 15:May:th 15MayIST Top real estate developers are trying their best to make up for lost time. Buoyed by encouraging response from home-buyers for their marked-down properties, companies such as DLF, Unitech, HDIL and others have lined up housing projects of over 60 million square feet � all in the current financial year. Thu, 28 May 2009 14:May:th 14MayIST An association between International Institute of Real Estate Investment and Finance (IIREIF) and Institute of Integrated Management & Technology (IIMT) to produce next generation Real Estate Professionals Thu, 28 May 2009 14:May:th 14MayIST Tata Realty and Infrastructure Ltd (TRIL) on Wednesday announced plans to develop real estate and infrastructure projects, worth Rs 20,000 crore, over the next three years. Thu, 28 May 2009 14:May:th 14MayIST The Maha Dalits think their dream of owning their own home is a bit closer to reality. Thu, 28 May 2009 14:May:th 14MayIST In the past couple of months, real estate developers have managed to raise equity either through instruments such as a qualified institutional placement (QIP) or through stake sale by promoters as in the case of DLF Ltd. Thu, 28 May 2009 13:May:th 13MayIST Tata Realty and Infrastructure Ltd, a wholly-owned subsidiary of Tata Sons Ltd, the main holding company of the $62.5 billion (Rs2.98 trillion) Tata group, on Wednesday said it would invest in projects worth Rs20,000 crore with a clutch of strategic partners over the next three years. Thu, 28 May 2009 13:May:th 13MayIST The recent launch of Rs5-15 lakh homes by realtors across the nation has attracted not only homebuyers. Property funds that have stayed away from the realty sector since the global economic downturn deepened in September are looking at a comeback, primarily to back low-cost housing projects. Thu, 28 May 2009 13:May:th 13MayIST The new wave of launches in the affordable housing segment is attracting the attention of private equity (PE) players, which had for more than a year shunned the real estate sector struggling with diminishing sales, tight credit and clouded economic forecasts. Wed, 27 May 2009 11:May:th 11MayIST Helplinelaw.com during the current year would bring special focussed services to its users: Wed, 27 May 2009 11:May:th 11MayIST Luxury hotel chain Marriott International will open 24 new properties in India over the next three years. Wed, 27 May 2009 11:May:th 11MayIST DLF, Unitech, HDIL & Puravankara line up 60 million square feet of new launches. Wed, 27 May 2009 10:May:th 10MayIST Foreign fund house Morgan Stanley has acquired 7.68 per cent stake in Indiabulls Real Estate for about Rs 570.18 crore, through qualified institutional placement (QIP) route. Wed, 27 May 2009 10:May:th 10MayIST The Reserve Bank of India (RBI) on Monday instructed state and central co-operative banks to desist from financing the commercial real estate sector, as exposure in this sensitive area would not be in their interest. Wed, 27 May 2009 10:May:th 10MayIST With the stockmarkets set on the path to recovery and top realty companies such as DLF and Unitech managing to raise funds to bridge their debts, money has started trickling into the Indian realty sector that had tanked in September 2008 after years of a joy ride. Tue, 26 May 2009 10:May:th 10MayIST Real estate firm Parsvnath Developers today said it is planning to raise up to Rs 2,500 crore by way of qualified institutional placement (QIP). Tue, 26 May 2009 10:May:th 10MayIST Investors and analysts have begun re-rating the realty sector on optimism that the worst may be over, as the efforts of recent months and a stable global environment will help developers attract funds and boost earnings. Tue, 26 May 2009 10:May:th 10MayIST Retailers, local and global, as well as private equity (PE) investors are closely tracking the new government�s moves on FDI in retail. Tue, 26 May 2009 10:May:th 10MayIST India's second largest real estate developer, Unitech, has been on a selling spree to raise cash. Tue, 26 May 2009 10:May:th 10MayIST The board of Reliance Infrastructure, promoted by the Anil Ambani group, Sunday approved issuing up to 43 million preferential shares to its founders and other investors to raise about Rs.4,300 crore ($913 million). Mon, 25 May 2009 10:May:th 10MayIST After a long time we are witnessing real estate developers taking pride in reducing or slashing rates in Mumbai, Thane and Navi Mumbai to encash on the existing demand in the real estate market. Mon, 25 May 2009 10:May:th 10MayIST Hit hard by the slowdown, real estate players are now going innovative and trying to partner with the government to beat the low demand. Mon, 25 May 2009 10:May:th 10MayIST Formation of a stable government at the centre is good news for economy, and for real estate sector as well. Mon, 25 May 2009 10:May:th 10MayIST REITbuyer online service for learning about REITs and how to invest in them is designed for new and seasoned investors Mon, 25 May 2009 10:May:th 10MayIST Oversupply and poor absorption of commercial space, particularly IT office space, continues in Chennai. Mon, 25 May 2009 10:May:th 10MayIST Indian cement maker Grasim Industries Ltd expects higher infrastructure spending by the government to drive volumes for cement, a senior official said on Wednesday. Sat, 23 May 2009 00:May:rd 0MayIST Things have started to look up real estate developers who for the last few months were reeling under the double whammy of poor buyer demand and low availability of funds. Sat, 23 May 2009 00:May:rd 0MayIST Following the success of Unitech and Indiabulls in raising funds through qualified institutional placements (QIPs) Sat, 23 May 2009 00:May:rd 0MayIST Real estate agency Harcourts, founded in New Zealand in 1881, is looking at expanding its global footprint with franchises in India. Harcourts franchise development manager Aaron Hodson says he has visited the region several times in the past eight months to get a feel for the market. Sat, 23 May 2009 00:May:rd 0MayIST The Aditya Birla Group, a $29-billion diversified conglomerate that operates in 25 countries, may sell a stake in its loss-making retail venture to private equity firms Fri, 22 May 2009 00:May:nd 0MayIST Foreign investors are aggressively renewing their interest in the Indian real estate sector. Overseas investors such as Fidelity, HSBC, TPG and Moor Capital on Monday lapped up the entire $553-million (Rs 2,656 crore) share sale issue of Indiabulls Real Estate (Ibrel). http://www.business-standard.com/india/news/foreign-investors-pick-10-in-indiabulls-real-estate/358767/ Fri, 22 May 2009 00:May:nd 0MayIST http%3A%2F%2Fwww.business-standard.com%2Findia%2Fnews%2Fforeign-investors-pick-10-in-indiabulls-real-estate%2F358767%2F Commercial real estate rentals in Mumbai and New Delhi have seen a steep decline of 24 per cent in the January-March quarter over the previous quarter of the financial year 2008-09, Fri, 22 May 2009 00:May:nd 0MayIST Unitech has sold its office building in Saket, New Delhi, for around Rs 425-450 crore Fri, 22 May 2009 00:May:nd 0MayIST Delhi Police Thursday said they have arrested a real estate agent for selling one of the flats, allotted in the name of one of the fake applicants, in the multi-million Delhi Development Authority (DDA) housing scam. Fri, 22 May 2009 00:May:nd 0MayIST Tata Capital Housing Finance Ltd (TCHFL), a wholly-owned subsidiary of Tata Capital Ltd on Tuesday said it has received certificate of registration from the National Housing Bank (NHB) to start operations as a housing finance company. Thu, 21 May 2009 00:May:st 0MayIST Opening Indian Retail Sector to giant European corporations would threaten the livelihoods of 40 million Indians. Thu, 21 May 2009 00:May:st 0MayIST Indian companies may have started hiring again, according to government data released on Monday that seems to lend credence to the so-called green shoots theory, which speaks about the growing revival�at least in a few areas of the economy. Thu, 21 May 2009 00:May:st 0MayIST With the UPA returning to power, the property pundits anticipate the revival of real estate market in the northern region that has witnessed shrinking of transactions when the country was in election mode. Thu, 21 May 2009 00:May:st 0MayIST Working out and unveiling a new Foreign Trade Policy, working out reforms to finetune the Foreign Direct Investment (FDI) taking a call on opening up of the retail sector for foreign investment Thu, 21 May 2009 00:May:st 0MayIST Due to recession and the uncertainty in job market, Chennaites are preferring rental accommodations at the moment Wed, 20 May 2009 02:May:th 2MayIST With enquiries from prospective buyers of affordable independent houses on the rise in recent weeks, several builders are keen on tapping the potential of this segment of the market. http://www.thehindu.com/2009/05/19/stories/2009051958710300.htm Wed, 20 May 2009 00:May:th 0MayIST http%3A%2F%2Fwww.thehindu.com%2F2009%2F05%2F19%2Fstories%2F2009051958710300.htm Shares of Punj Lloyd will see a downside after the engineering and construction firm said that it is exiting real estate business Wed, 20 May 2009 00:May:th 0MayIST Sherwoods Independent Property Consultants is to open an office in New Delhi this summer Wed, 20 May 2009 00:May:th 0MayIST Union Bank of India on Tuesday freezed interest rates for new home loans upto Rs 50-lakh at eight per cent for one year. Wed, 20 May 2009 00:May:th 0MayIST The Mumbai-based real estate developer aims to build 6,300 homes priced between Rs12 lakh and Rs24 lakh over 125 acres of land in Dombivali in north Mumbai Tue, 19 May 2009 00:May:th 0MayIST There is a surge in buying interest in all-inclusive �affordable� flats being built for mid-income budgets http://www.livemint.com/2009/05/19000552/Demand-begins-showing-up-in-In.html?d=1 Tue, 19 May 2009 00:May:th 0MayIST http%3A%2F%2Fwww.livemint.com%2F2009%2F05%2F19000552%2FDemand-begins-showing-up-in-In.html%3Fd%3D1 Sobha Developers declared its 4QFY2009 results and posted a topline of Rs147.2 crore (Rs474.1 crore) 69% de-growth y-o-y Tue, 19 May 2009 00:May:th 0MayIST Realty firm Parsvnath Developers Ltd on Monday said it will build a township project in Haryana with an investment of Rs212 crore. Tue, 19 May 2009 00:May:th 0MayIST Indian real estate firm Unitech said on Tuesday its board approved raising additional long-term funds by selling securities and issuing share warrants to its founders. Tue, 19 May 2009 00:May:th 0MayIST Indiabulls Real Estate Ltd said on Monday its shareholders had approved raising up to $600 million through share sale to qualified institutional buyers, to fund its projects and acquire new businesses. Tue, 19 May 2009 00:May:th 0MayIST TATA Housing today received the highest level of achievement in the property and real estate industry in Asia Pacific Mon, 18 May 2009 03:May:th 3MayIST Hiranandani Group of companies have announced their plan to develop first of its kind 250 acre integrated �Hiranandani Upscale, Multiservices SEZ at Lahari, Hyderabad. Mon, 18 May 2009 03:May:th 3MayIST The return of the UPA government in to power will help attract FII money back to the domestic market and arrest steep fall in realty prices, real estate developers today said http://www.indianrealtynews.com/property-prices/stable-govt-may-boost-property-prices-developers.html Mon, 18 May 2009 02:May:th 2MayIST http%3A%2F%2Fwww.indianrealtynews.com%2Fproperty-prices%2Fstable-govt-may-boost-property-prices-developers.html The election of a stable government at the Centre could bring a bottom to the real estate market and may help in turning it around http://www.indianrealtynews.com/real-estate-india/mumbai/real-estate-india-can-see-a-turnaround.html#more-2638 Mon, 18 May 2009 01:May:th 1MayIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fmumbai%2Freal-estate-india-can-see-a-turnaround.html%23more-2638 Credit rating agency Fitch today downgraded the ratings of real estate developer Purvankara Projects Mon, 18 May 2009 01:May:th 1MayIST The much talked about Real Estate Investment Trusts (REITs) may soon become a reality in India. http://economictimes.indiatimes.com/Markets/Real-Estate/SEBI-to-outline-framework-for-REITs/articleshow/4531205.cms Sat, 16 May 2009 01:May:th 1MayIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarkets%2FReal-Estate%2FSEBI-to-outline-framework-for-REITs%2Farticleshow%2F4531205.cms Office space rentals in India are expected to fall up to 20% in the next three quarters, with key cities like Delhi and Mumbai slated to witness a sharp decline of 50%. Sat, 16 May 2009 01:May:th 1MayIST Mumbai-headquartered Godrej Properties, the realty business arm of Diversified Godrej Group, plans to come out with an IPO by the end of 2009-10 Sat, 16 May 2009 01:May:th 1MayIST A 24 hour real estate TV channel, hailed as India's first dedicated real estate channel, is soon to start functioning in the city. Sat, 16 May 2009 01:May:th 1MayIST Funds have been received by Nakheel, the state-owned developer of the emirate's palm-shaped islands, from the Dubai government on account of completing projects and pay outstanding obligations. Sat, 16 May 2009 01:May:th 1MayIST Property developer Indiabulls Real Estate (IBREL) plans to build residential projects over 9.8 million square feet in the current fiscal year to generate cash flows http://www.indianrealtynews.com/real-estate-india/mumbai/indiabulls-plans-eight-residential-projects.html#more-2627 Fri, 15 May 2009 00:May:th 0MayIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fmumbai%2Findiabulls-plans-eight-residential-projects.html%23more-2627 India Infoline has entered into a collaboration with Indus group to promote projects for real estate development Fri, 15 May 2009 00:May:th 0MayIST Atlas Group is diversifying into real estate sector and plans to invest Rs 1,000 crore in Kerala Thu, 14 May 2009 23:May:th 23MayIST Foreign investors in Indian real estate cannot sell their stakes to another foreign investor before three years Thu, 14 May 2009 01:May:th 1MayIST Hotel industries are returning to the market but mega multi-use projects are no longer financially viable Thu, 14 May 2009 01:May:th 1MayIST Real Estate developers are breathing easier with banks now more inclined to lend Thu, 14 May 2009 00:May:th 0MayIST India�s largest real estate company DLF Ltd is looking to raise $760 million from investors to bail-out its unlisted promoter company DLF Assets Ltd (DAL). http://www.indianrealtynews.com/real-estate-india/dlf-promoters-to-raise-760-million-to-bail-out-dlf-assets-ltd.html Thu, 14 May 2009 00:May:th 0MayIST http%3A%2F%2Fwww.indianrealtynews.com%2Freal-estate-india%2Fdlf-promoters-to-raise-760-million-to-bail-out-dlf-assets-ltd.html With sales gradually picking up in the real estate sector, developers are swiftly increasing prices Thu, 14 May 2009 00:May:th 0MayIST SUN Apollo Ventures has picked up a 15 per cent stake in Mumbai-based developer Keystone Realtors Tue, 12 May 2009 01:May:th 1MayIST The Chennai Metro Rail project is almost ready to be launched amidst the recession crisis hovering all over Tue, 12 May 2009 01:May:th 1MayIST Chennai, Hyderabad and Bangalore �did not witness fresh supply of mall space between January and March this year Tue, 12 May 2009 01:May:th 1MayIST The Tamil Nadu chapter of Confederation of Real Estate Developer�s Association of India (CREDAI), a 76-member body of Chennai�s leading builders, has joined hands with Chennai City Connect to make good pavements a concrete reality. Tue, 12 May 2009 01:May:th 1MayIST Tue, 12 May 2009 01:May:th 1MayIST One might wonder why you find a mall in every corner in Gurgaon whereas Chennai has two malls in all. http://www.indianrealtynews.com/category/real-estate-india/chennai/ Sat, 09 May 2009 05:May:th 5MayIST http%3A%2F%2Fwww.indianrealtynews.com%2Fcategory%2Freal-estate-india%2Fchennai%2F Samir Bhatia quits after establishing Barclays Retail arm in India. http://www.indianrealtynews.com/retail-market/barclay%E2%80%99s-indian-retail-head-quits.html Sat, 09 May 2009 04:May:th 4MayIST http%3A%2F%2Fwww.indianrealtynews.com%2Fretail-market%2Fbarclay%25E2%2580%2599s-indian-retail-head-quits.html Chennai will soon be proud of India�s first real estate channel exclusively dedicated for the same! What more do we need? http://metroplots.com/news/?act=detailednews&news_id=43 Fri, 08 May 2009 08:May:th 8MayIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D43 Tata and TIDCO together are coming with an infrastructure that will house a star hotel and convention centre in Taramani soon! http://metroplots.com/news/?act=detailednews&news_id=41 Fri, 08 May 2009 08:May:th 8MayIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D41 Israeli investors have spotted Chennai to be the hot spot to invest in real estate due to the booming IT sector we suppose? http://metroplots.com/news/?act=detailednews&news_id=40 Fri, 08 May 2009 08:May:th 8MayIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D40 The Chennai airport gets appreciated by the electricity board for saving on electricity last year and received an incentive of almost 60 lakhs! http://metroplots.com/news/?act=detailednews&news_id=39 Fri, 08 May 2009 08:May:th 8MayIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D39 Eye-catching and enviable acres of properties at Mount Road and Cenotaph Road owned by an popular and rich NRIs are out on sale for about 250 to 300 crores! http://metroplots.com/news/?act=detailednews&news_id=38 Fri, 08 May 2009 08:May:th 8MayIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D38 It is evident that the latest hot spot for Chennai real estate market has been the flourishing Old Mahabalipuram Road (OMR). The place though a suburb is buzzing with activity through out the year being the IT hub of the city. http://metroplots.com/news/?act=detailednews&news_id=35 Sat, 02 May 2009 01:May:nd 1MayIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D35 �What goes up has to come down� is not just the law of gravity but of real estate too. The entire Indian real estate scenario has been a rollercoaster recently and it�s going down hill at the moment, with Chennai being no exception to the situation. After reaching a peak last year, the Chennai real estate market was left at a stagnation point and the growth became negligible. http://metroplots.com/news/?act=detailednews&news_id=34 Mon, 27 Apr 2009 01:Apr:th 1AprIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D34 Instead of the slowdown, Chennai real estate market is still registering a stable demand http://metroplots.com/news/?act=detailednews&news_id=33 Sat, 25 Apr 2009 00:Apr:th 0AprIST http%3A%2F%2Fmetroplots.com%2Fnews%2F%3Fact%3Ddetailednews%26news_id%3D33 Those properties are worth half the price they paid after the economy and, with it, the real estate market, went into a tailspin last year. http://www.livemint.com/2009/03/10224618/Anatomy-of-a-realestate-crisi.html Thu, 12 Mar 2009 05:Mar:th 5MarIST http%3A%2F%2Fwww.livemint.com%2F2009%2F03%2F10224618%2FAnatomy-of-a-realestate-crisi.html Agents, who typically charged 2-5% of the property value as commission, are now demanding 8-9% http://www.livemint.com/2009/03/04223039/Brokers8217-fees-go-up-as-r.html Mon, 09 Mar 2009 01:Mar:th 1MarIST http%3A%2F%2Fwww.livemint.com%2F2009%2F03%2F04223039%2FBrokers8217-fees-go-up-as-r.html "Due to international market crunch, the market in India was also affected. But now the worst time is over especially for Real Estate. Year 2009 has started giving positive results and we hope to see the brighter part very soon. Overall 2009 should be fruitful for Real Estate." Says the Director Mr. Sanjay Rastogi of Saviour Builders. http://www.indiaprwire.com/pressrelease/real-estate/2009022120180.htm Mon, 02 Mar 2009 22:Mar:nd 22MarIST http%3A%2F%2Fwww.indiaprwire.com%2Fpressrelease%2Freal-estate%2F2009022120180.htm Analysts say the second quarter of 2009 would see more price cuts as the market is expected to show more volatility http://www.mydigitalfc.com/real-estate/realty-prices-metros-set-ease-further-041 Mon, 02 Mar 2009 01:Mar:nd 1MarIST http%3A%2F%2Fwww.mydigitalfc.com%2Freal-estate%2Frealty-prices-metros-set-ease-further-041 Real-estate prices across the country have fallen by 10-40 per cent.Developers are generally still not cutting prices of existing projects, but they face a market in which re-sales could do much the same thing. http://www.hindustantimes.com/StoryPage/StoryPage.aspx?sectionName=HomePage&id=a2b277d8-45a0-4d46-aeb1-3893a5a40e39&MatchID1=4934&TeamID1=3&TeamID2=1&MatchType1=1&SeriesID1=1248&MatchID2=4925&TeamID3=4&TeamID4=2&MatchType2=1&SeriesID2=1244&PrimaryID=4934& Mon, 02 Mar 2009 01:Mar:nd 1MarIST http%3A%2F%2Fwww.hindustantimes.com%2FStoryPage%2FStoryPage.aspx%3FsectionName%3DHomePage%26id%3Da2b277d8-45a0-4d46-aeb1-3893a5a40e39%26MatchID1%3D4934%26TeamID1%3D3%26TeamID2%3D1%26MatchType1%3D1%26SeriesID1%3D1248%26MatchID2%3D4925%26TeamID3%3D4%26TeamID4%3D2%26MatchType2%3D1%26SeriesID2%3D1244%26PrimaryID%3D4934%26 Buyers across the country are coming together in online groups to negotiate with developers such as DLF Ltd, Raheja Developers Pvt. Ltd and Vatika Ltd over several contentious issues, the prime among them being a reduction in prices in the wake of the lower demand for housing. http://www.livemint.com/2009/02/25212713/Real-estate-companies-face-ire.html Mon, 02 Mar 2009 00:Mar:nd 0MarIST http%3A%2F%2Fwww.livemint.com%2F2009%2F02%2F25212713%2FReal-estate-companies-face-ire.html Analysts say the second quarter of 2009 would see more price cuts as the market is expected to show more volatility http://www.mydigitalfc.com/real-estate/realty-prices-metros-set-ease-further-041 Thu, 26 Feb 2009 22:Feb:th 22FebIST http%3A%2F%2Fwww.mydigitalfc.com%2Freal-estate%2Frealty-prices-metros-set-ease-further-041 Real-estate prices across the country have fallen by 10-40 per cent.Developers are generally still not cutting prices of existing projects, but they face a market in which re-sales could do much the same thing. http://www.hindustantimes.com/StoryPage/StoryPage.aspx?sectionName=HomePage&id=a2b277d8-45a0-4d46-aeb1-3893a5a40e39&MatchID1=4934&TeamID1=3&TeamID2=1&MatchType1=1&SeriesID1=1248&MatchID2=4925&TeamID3=4&TeamID4=2&MatchType2=1&SeriesID2=1244&PrimaryID=4934& Thu, 26 Feb 2009 22:Feb:th 22FebIST http%3A%2F%2Fwww.hindustantimes.com%2FStoryPage%2FStoryPage.aspx%3FsectionName%3DHomePage%26id%3Da2b277d8-45a0-4d46-aeb1-3893a5a40e39%26MatchID1%3D4934%26TeamID1%3D3%26TeamID2%3D1%26MatchType1%3D1%26SeriesID1%3D1248%26MatchID2%3D4925%26TeamID3%3D4%26TeamID4%3D2%26MatchType2%3D1%26SeriesID2%3D1244%26PrimaryID%3D4934%26 Buyers across the country are coming together in online groups to negotiate with developers such as DLF Ltd, Raheja Developers Pvt. Ltd and Vatika Ltd over several contentious issues, the prime among them being a reduction in prices in the wake of the lower demand for housing. http://www.livemint.com/2009/02/25212713/Real-estate-companies-face-ire.html Thu, 26 Feb 2009 22:Feb:th 22FebIST +http%3A%2F%2Fwww.livemint.com%2F2009%2F02%2F25212713%2FReal-estate-companies-face-ire.html Birlas, through a financial services arm, are offering real estate as an alternative investment option to clients. Tatas are planning to develop surplus land held by group companies. The Tatas may also invest in the sector part of funds raised through recent public offerings. http://economictimes.indiatimes.com/Markets/Real-Estate/News-/Tatas-Birlas-to-invest-in-real-estate/articleshow/4172386.cms Tue, 24 Feb 2009 09:Feb:th 9FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarkets%2FReal-Estate%2FNews-%2FTatas-Birlas-to-invest-in-real-estate%2Farticleshow%2F4172386.cms A US-based real estate developer of Indian origin, Mint Homes, is planning to take over stuck up realty projects in Chennai and Mumbai http://www.expressestates.in/full_story.php?content_id=93704 Mon, 23 Feb 2009 01:Feb:rd 1FebIST http%3A%2F%2Fwww.expressestates.in%2Ffull_story.php%3Fcontent_id%3D93704 The real estate sector in the state of Haryana gets a boost ... http://www.expressestates.in/full_story.php?content_id=93704 Mon, 23 Feb 2009 01:Feb:rd 1FebIST http%3A%2F%2Fwww.expressestates.in%2Ffull_story.php%3Fcontent_id%3D93704 Aditya Birla Management is seeking to offer its clients diversity through real estate and private equity. http://www.privateequityrealestate.net/Article.aspx?article=34480&hashID=0C9BE551B49432593C6B8DC150602C2869074495 Mon, 23 Feb 2009 01:Feb:rd 1FebIST http%3A%2F%2Fwww.privateequityrealestate.net%2FArticle.aspx%3Farticle%3D34480%26hashID%3D0C9BE551B49432593C6B8DC150602C2869074495 The United States has been touted as the safest market for investment in real estate and the foreigners are pouring in. A weak dollar combined with optimism for market rebound opens the door for commercial and residential property investments. http://www.theepochtimes.com/n2/content/view/12240/ Wed, 18 Feb 2009 23:Feb:th 23FebIST http%3A%2F%2Fwww.theepochtimes.com%2Fn2%2Fcontent%2Fview%2F12240%2F "Where flats are more expensive, the drop will be sharper than where the flats are cheaper... correction is bound to come," HDFC Chairman Deepak Parekh told. http://economictimes.indiatimes.com/Markets/Real_Estate/Correction_in_real_estate_is_bound_to_come_Parekh/articleshow/4145725.cms Wed, 18 Feb 2009 23:Feb:th 23FebIST http%3A%2F%2Feconomictimes.indiatimes.com%2FMarkets%2FReal_Estate%2FCorrection_in_real_estate_is_bound_to_come_Parekh%2Farticleshow%2F4145725.cms The Department of Industrial Policy and Promotion (DIPP) has recommended relaxation in foreign investment rules in the real estate sector in a bid to facilitate cash-strapped realtors get overseas funds. http://www.business-standard.com/india/news/dipp-recommends-changes-in-fdi-norms-for-real-estate/00/42/349500/ Wed, 18 Feb 2009 23:Feb:th 23FebIST http%3A%2F%2Fwww.business-standard.com%2Findia%2Fnews%2Fdipp-recommends-changes-in-fdi-norms-for-real-estate%2F00%2F42%2F349500%2F