Mall owners focus on space fillers

Published: July 27, 2009

AHMEDABAD: Mall vacancies in major retail destinations such as Delhi, Mumbai, Pune and Hyderabad climbed between 5% and 15% in June 2009, even as developers rewire their strategies to sustain cash flows. During the past six months, developers juggling with various revenue models have discovered to their relief that certain “flexible” formats like ‘minimum guarantee’ [...]

Posted under News

Is it good time to buy or sell in real estate mkt now?

Published: July 27, 2009

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. Industry players feel that while it may be a good decision to buy in certain locations, a sell off needs to [...]

Posted under News

Jaypee Kosmos - Noida Expressway - A good opportunity

Published: July 23, 2009

Jaypee has come up with a new project ‘Kosmos’, as part of Wishtown Classic on Noida expressway in sector 134.
There is a limited period offer giving a decent discount to launch price.
We feel it’s a very good investment opportunity from 3 years perspective for investors as well as first time buyers.
You can find more details [...]

Posted under Indian Real Estate

Real Estate Shows Signs of Stability after a Long Freefall

Published: July 14, 2009

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 [...]

Posted under News

Centre to bring in law to regulate real estate in Delhi

Published: July 14, 2009

The Government has announced that it is considering a model legislation on regulating real estate in Delhi.
In reply to a written question in the Rajya Sabha, minister of state for urban development Saugata Roy said that the Delhi Real Estate Management (Regulation and Control) Bill can also serve as a reference for other states.
The minister, [...]

Posted under News

Real estate giant IREO to invest $500 mn in India

Published: July 10, 2009

NEW DELHI: Global real estate giant IREO will pump in $500 million in various infrastructure projects in India over a period of seven years, the company said Thursday.IREO, which has invested $1.5 billion in India, is already one of the largest investors in the country’s real estate sector.
“Having already invested $1.5 billion, we still have [...]

Posted under News

Realtors use technology to boost productivity

Published: July 10, 2009

SALES slowdown, stagnating capital values and a need to manage resources better are pushing Indian realty firms to invest in technology that will help them achieve optimum productivity, information access and regulatory compliance.End-to-end enterprise resource planning (ERP) solutions, that manage diverse projects across different locations, are slowly finding favour. ERP vendors are seeing increased enquiries [...]

Posted under News

Govt plugs loophole to stop illegal profits by developers

Published: July 10, 2009

The government is bringing an amendment that would prevent you and your closest kin from buying more than one flat in the same building in affordable home projects. This is applicable for buildings approved for construction of smaller flats of less than 1000 square feet of built-up area targeted at low and middle income households [...]

Posted under News

Law to regulate real estate in Delhi?

Published: July 10, 2009

The Central government said on Thursday it is considering a model legislation on regulating real estate in Delhi.In reply to a written question in the Rajya Sabha, Minister of State for Urban Development Saugata Roy said “the Delhi Real Estate Management (Regulation and Control) Bill” could serve as reference for other states.
The minister, however, ruled [...]

Posted under News

No Additional Tax and Duties is a Good Move- Real Estate Sector

Published: July 8, 2009

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. “No negative news for the sector which is seeing signs of revival now is by itself good news. We are happy with the structural directions [...]

Posted under News

ECB policy: Realty players see no near-term gain

Published: July 2, 2009

New Delhi, July 1 Real estate players on Wednesday hailed the Government’s decision to open the external commercial borrowing (ECB) window for special economic zone (SEZ) developers, although some players felt that the move may not offer immediate gains given the global economic downturn.
Reacting to the latest changes in ECB policy, real estate major Unitech [...]

Posted under News

Property market showing signs of recovery

Published: July 2, 2009

The property prices are expected to remain stable over the next six months even as the real estate market has shown signs of improvement since March in terms of sales, an expert said.
“Since March, we have seen movement in the market. Before that, the confidence and sentiments were very low in the real estate market [...]

Posted under News

Slowdown-hit real estate bets big on Budget

Published: July 1, 2009

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. Experts say the sector needs government support as well as further stimulus to get out of the current slump.
While the government with [...]

Posted under News