Union Budget 2011-2012 Will Give Indian Real Estate The Break

Published: January 25, 2011

The Indian real estate sector has always been one of the mainstays of the country’s economy. At some level, every Indian is connected with it; in some way or the other, it affects every citizen of this country.
It is time that the Government takes practical cognizance of the vitally important role the real estate sector [...]

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SBI Begins Home Loan Utsav at Bangalore

Published: January 21, 2011

State Bank of India (SBI) is organizing a three day event called SBI Utsav at the bank’s local head office on St Mark’s Road in Bangalore. The second edition of the loan utsav will be flagged off on Friday. The event is powered by the Times Red Cell.
The bank will showcase a bouquet of home [...]

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US Based Developer Donald Trump Plans Luxury Residential Tower in Mumbai

Published: January 18, 2011

US billionaire real estate developer Donald Trump is entering the Indian property market with a luxury residential tower in Mumbai, more than two years after announcing plans to expand in the south Asian nation. Trump, who has joined with Mumbai developer Rohan Lifescapes Pvt for his first venture in the country, expects to start marketing [...]

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17 Acres of Prime Gurgaon Land to be auctioned by Aricent Technologies

Published: January 14, 2011

After Gurgaon One, western part of the city might see rise of another multi-storey building in the same vicinity. Jawala Mills, decades-old defunct textile mill on Old Delhi Road is slated to be sold by mid-February. The 17 acres of land was first purchased by IT major Aricent Technologies in early 2000s as tech firm [...]

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Booking of Third Phase of ‘Godrej Garden City’ Starts

Published: January 11, 2011

Godrej Properties Ltd has announced that it is opening bookings for phase III in its project in Ahmedabad, Godrej Garden City. Phase III of Godrej Garden City will offer contemporary 2 and 3 BHK apartments in sizes ranging from 1,100-1,350 square feet. Godrej Garden City, spread over 250 acres, is located within the Ahmedabad Municipal [...]

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Delhi Police Recovers 1000cr From Large Scale Real Estate Frauds

Published: January 7, 2011

The economic slowdown resulted in large-scale frauds in the capital’s real estate sector and investigations led to recovery of over Rs 1,000 crores, Delhi Police said on Thursday. “A slow down in real estate sector led to large scale frauds with innocent investors wherein major builder companies defaulted on their commitments thereby causing huge losses [...]

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Receding Housing Demand May Hamper Real Estate Recovery

Published: January 5, 2011

The demand for residential properties, a major revenue source for most real estate companies, is receding. An expected increase in borrowing rates and the near-peak realty prices may reduce the demand further. This will affect most realty firms that had started showing signs of recovery in the recent quarters. This explains why the 29-stock ET [...]

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