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February - 2010Home » Real Estate News » February - 2010 Gain's real for realty, but outside city limits Sat, Feb 27 2010 The Union Budget 2010 has given right kind of boost to affordable housing. Additionally investments for rural housing and urban development ( particularly for slum redevelopment ) have been announced in the Budget. Union Budget 2010 : Commercial rentals to jump 10% with service tax Sat, Feb 27 2010 Hiring commercial complexes will be a costlier affair now, as the Union Budget 2010 lays a provision to cover all lease agreement of shopping complexes, malls and vacant lands under the ambit of service tax. Wadia sells Mumbai building to Axis for Rs 640 crore Fri, Feb 26 2010 Country's largest real estate deal is under process at Worli, where a new four-storey commercial building would be sold Rs 640 crore. The deal will pitch new standards for realty players. The deal has been finalized by Nusli Wadia led Wadia Group with Axis Bank. APREDA to construct houses for flood-hit Thu, Feb 25 2010 It's been planned by the AP Real Estate Developer's Association (APREDA) to sign an agreement with the Project Directors of Housing of Kurnool and Mahbubnagar districts, entailing construction and development of houses in the flood hit parts. Mir Realtors launches phase-II of eco-friendly township Wed, Feb 24 2010 Just after completing the Phase-I of its eco-friendly township "The Greens" at Thiruvananthapuram, Mir Realtors, the realty division of Mir Group, has announced the launch of Phase-II. Foreign investors bullish on realty, construction sectors Mon, Feb 22 2010 Irrespective of global slowdown, foreign investors have kept their faith and are bullish on Indian housing, real estate and construction sectors in the last two years. A sharp rise has been noticed in Foreign Direct Investment ( FDI ) in terms of inflows into equity in the Indian construction. Affordable Housing, a book on Solution for Housing Laws released Mon, Feb 22 2010 The ministry of Housing & Urban Poverty Alleviation and Tourism has launched on Saturday the 'Affordable Housing' a research work of Senior Advocate Arun Mohan. The judges of the Supreme Court and the High Court attended the launch function along with Town Planners, Architects, Builders, Developers, Consultants etc. Real estate players feel stimulus packages must continue Sat, Feb 20 2010 Realty sector in is at the crossroads after seeing a worse time of the economic slowdown. Government's right kind of stimulus packages have given impetus the sector to recover. RBI's easy-money policy also helped in the process of revival. Realty cos eye infrastructure push, easier taxes Sat, Feb 20 2010 Country's realty companies are bullish on price rise in the sector and also hoping for extension in tax sops. The liberal tax structure will boost up the construction of affordable homes. TN mulls blacklisting builders violating norms Sat, Feb 20 2010 These days, the Tamil Nadu government working on plans to prohibit realty developers, builders and related professionals who frequently construct buildings that deviate from the approved plans, said Mr. Parithi Ellamvazhuthi, the Minister for Town Planning and Urban Development. Building expo opens in Hyderabad today Fri, Feb 19 2010 The Build4India Exposition 2010 has opened at HITEX. In the 4 day Expo, a majority of players from construction sector will display the latest trends and technologies. However, the products from the emerging solar power sector will be center of attraction at the Expo. Local realtors make a killing on the information market Thu, Feb 18 2010 A considerable demand of Indian Real Estate Consultants is witnessed in the international markets. Their advice is selling like hot cakes and they are handsomely paid for it. Nearly every potential buyer be it bankers, capitalists, NRI's, etc. are contacting these consultants to get a clear picture of the Indian Property market. Realty prices may inch up on demand pick-up Wed, Feb 17 2010 Whereas home prices in the realty sector in the metros like Delhi and Mumbai may see a slight price rise, their suburbs are expected to make betterment due to the back of renewed activity on the employment front, bankers and realty players. HDFC extends 8.25% home loan offer till March 31 Tue, Feb 16 2010 HDFC has extended the Dual Loan Scheme, which was announced to be closed on 31 Jan 10. This scheme has been extended until 27 Feb 10. Under Dual loan Scheme, HDFC is offering home loans at a fixed interest rate for first three years. Mon, Feb 15 2010 Mahindra Group has launched in Mumbai the second phase of Mahindra Splendour. In this phase, Mahindra Lifespaces has been offering 2 and 3 - BHK apartments of 1,464-1,641 sq.ft. The project is situated at a 5 minutes drive from the Jogeshwari-Vikhroli Link Road. Small offices holding their own Mon, Feb 15 2010 Small business spaces or small offices have so far emerged as a fruitful business deal for country's realty players. These were hitherto not known phenomenon which are seeming as an effective tool to beat the gruesome effects of economic slowdown. IT sector spurs up Bangalore realty market Sat, Feb 13 2010 The phenomenon new hiring and salary hikes in the IT Industry has palpably impacted realty sectors, as the sector is requiring more office and home space for itself and their employees respectively. Fri, Feb 12 2010 Taneja Developers & Infrastructure Ltd ( TDI ), country's one of the foremost realty developers, has announced the launch of Tuscan City in Kundli that is located almost 2.5 km from the national capital. Calicut property show opens today Fri, Feb 12 2010 The CREDAI organized Calicut property show is going to be open today on Feb 12th 2010. Almost 17 realty developers will participate in the show to exhibit their projects of villas, apartments, studio homes, townships and commercial space. Residential property prices may rise by 10 per cent: Cushman Thu, Feb 11 2010 A price rise by 10% in the Indian realty sector is expected within the coming 6 months, one of the realty consultancy firms has publicized on Wednesday. The price rise effect would be especially seen in the housing segment in the next two quarters. DLF to raise Rs 1K cr; hints at price hike Thu, Feb 11 2010 India top real estate player DLF has announced on Wednesday that it would raise Rs 1,000 crore through unsecured loans by the end of this month. However, it has also signaled that price rise in the housing segment may likely to be up. Real estate : Volume play may be the only recourse Wed, Feb 10 2010 The RBI's liberal policies, for discouraging bank lending to the real estate sector, however not having significant impact on the sector but they have spread bullishness amid market players. FIIs ring India in troubled times Wed, Feb 10 2010 Whereas the US and Europe are doing battle with the financial recession, Indian economy may once again attract the prospective investors. India’s realty sector is expected to be one of the preferred investment hubs by the analysts. Realty companies find increasing takers for small office units Mon, Feb 8 2010 A majority of country's realty companies are looking small office spaces as a better bet because of the high-end recession effects and also the view point of entrepreneurs, especially with capital-constraints, which sees small office spaces as affordable. Mon, Feb 8 2010 RICS, an independent body of surveyors, is noticing a recovery in the rental activity of commercial property, especially in industrial and retail spaces, in India. In the fourth quarter, the country's rental activities have grown due to the increased tenants demand. HC orders DLF to put Goa project on hold Sat, Feb 6 2010 India's leading realty company, DLF's River Valley project has been put on hold by the Goa bench of the Bombay High Court. The court has directed the company to not to uproot the tree or level hills for construction activities. Fri, Feb 5 2010 In the 'Property 2010 - Twin Show' : which is organized by the Maharashtra Chamber of Housing Industry in between 5 to 7 February, almost 40 major realty developers will exhibit their projects. Prestige Group lines up Rs 7,000-cr launches Fri, Feb 5 2010 The Bangalore based realty firm Prestige Group has lined up launches for the next two quarters. The Group has also been planning to invest a whopping amount of Rs. 7,000 crore spread over three-four years. Red Fort Cap invests Rs 200 cr in 3C project Fri, Feb 5 2010 It's been announced by Red Fort Capital, an India focussed private equity ( PE ) firm, an investment plan of Rs 200 Cr. that will be focused towards picking up an undisclosed stake in a residential housing project. Recovery takes hold in realty sector Fri, Feb 5 2010 There are fourteen such companies, listed in the realty index of the Bombay Stock Exchange, who have witnessed an average increase of 7.21 per cent in their net profit during the October-December quarter. India is an attractive investment destination, Tharoor tells Arab countries Thu, Feb 4 2010 Shashi Tharoor, the Minister of State for External Affairs, has beckoned the Arab countries telling the rich investment prospects, lying in India. India is safe and attractive destination for investment, he said. Power-saving drive may earn stars for realty Wed, Feb 3 2010 The Indian govt. has been planning to soon implement star-rating schemes under Energy Conservation Building Code (ECBC), a norm for the buildings having high consumption. The ratings would be applicable to hotels, hospitals, malls, shopping complexes, educational institutions etc Parsvnath to raise 2-3 bn rupees via stake sale Tue, Feb 2 2010 India's one of the leading realtors, Parsvnath Developers Ltd. has been planning to raise 2-3 billion rupees by selling stakes in projects during the Jan-Mar quarter, the top official said on Monday. Mon, Feb 1 2010 The prospects of realty firm D B Realty are bright and its IPO pricing is expected to be stiff. This Mumbai based firm is planning to raise Rs 1,500 crore to support its ongoing project and to clear out its debts. |
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