estate projects

Kenya’s coffee exports could hit $308 mn


September 11th, 2012 - 6:08 pm ICT by IANS
Nairobi, Sep 11 (IANS) Kenya's coffee exports are expected to increase this year and could reach $308 million by the end of 2012, an official said.Ministry of Agriculture Permanent Secretary ... Read more...

Posted in Business |

Now, workforce a major bottleneck for realty development (Comment)


August 5th, 2012 - 12:25 pm ICT by IANS
The Indian realty and construction sectors, which together contribute 17.5 percent to the country's gross domestic product (GDP) and growing at an enviable 35 percent per annum, now face a serious ... Read more...

Posted in Business |

Hyderabad builder arrested for cheating DLF


June 23rd, 2012 - 6:09 pm ICT by IANS
Hyderabad, June 23 (IANS) Hyderabad police Saturday arrested top builder Gowri Shankar Gupta for cheating construction and real estate major DLF to the tune of over Rs.300 crore.Gupta, owner of ... Read more...

Posted in Business |

Godrej Properties to raise Rs.500-600 crore to reduce debt


February 10th, 2012 - 9:36 pm ICT by IANS
Chennai, Feb 10 (IANS) Godrej Properties Ltd, the real estate arm of the Godrej Group, plans to raise Rs.500-600 crore through the institutional placement programme (IPP) soon to reduce its ... Read more...

Posted in Business |

Congress, TDP want to see Jagan behind bars


January 3rd, 2012 - 6:57 pm ICT by IANS
Hyderabad, Jan 3 (IANS) The ruling Congress party in Andhra Pradesh has hailed the arrest of Vijay Sai Reddy, Y.S. Jaganmohan Reddy's aide, and believes that the Central Bureau of ... Read more...

Posted in Uncategorized |

2G: Witness can’t recall Raja favour for Balwa firm (Lead)


December 20th, 2011 - 6:49 pm ICT by IANS
New Delhi, Dec 20 (IANS) A former aide to jailed former communications minister A. Raja Tuesday told a special court hearing the 2G case here that he did not remember ... Read more...

Posted in Business |

Raja hatched 2G conspiracy: Former aide (Lead)


December 19th, 2011 - 10:04 pm ICT by IANS
New Delhi, Dec 19 (IANS) Jailed former communications minister A. Raja's former additional private secretary Aseervatham Achary Monday told a special court here that the DMK leader hatched the ... Read more...

Posted in Business |

Realty industry slams repo rate hike


October 25th, 2011 - 8:14 pm ICT by IANS
Mumbai, Oct 25 (IANS) Top players from the realty sector have reacted sharply to the fresh hike in repo rates announced by the Reserve Bank of India Tuesday.The Maharashtra Chamber ... Read more...

Posted in Business |

Ranbir Kapoor sings for sex workers (Movie Snippets)


September 8th, 2011 - 8:10 pm ICT by IANS
Mumbai, Sep 8 (IANS) Bollywood's heartthrob Ranbir Kapoor is a charmer -- while shooting for a scene with sex workers for his forthcoming film "Rockstar", he sang for them ... Read more...

Posted in Uncategorized |

‘Goa real estate boom fuelled by black money’


July 20th, 2011 - 9:02 pm ICT by IANS
Panaji, July 20 (IANS) Goa's real estate boom is not driven by "people who love the land", but by speculative investment of black money in the state, environmentalist Madhav Gadgil ... Read more...

Posted in Business |

China to develop uninhabited islands for tourism


April 11th, 2011 - 12:20 pm ICT by IANS
Beijing, April 11 (IANS) Six uninhabited islands in the South China Sea would now be developed as tourist sites, officials said.The six islands are located near the southern island province ... Read more...

Posted in Uncategorized |

Single-window clearance for real estate projects urged


April 1st, 2011 - 8:55 pm ICT by IANS
Hyderabad, April 1 (IANS) The Confederation of Real Estate Developers' Association of India (CREDAI) Friday urged the central government to introduce single window clearance and a uniform tax structure for ... Read more...

Posted in Uncategorized |

Four Chinese indicted for sending 10 mn spam messages


January 5th, 2011 - 2:06 pm ICT by IANS
Beijing, Jan 5 (IANS) Prosecutors in Beijing have brought charges against four men for sending 10 million spam messages.Xicheng district prosecutors say the four suspects sent the messages between Nov 2008 and ... Read more...

Posted in World |

Paharpur Cooling to expand real estate business


November 25th, 2010 - 12:49 am ICT by IANS
Kolkata, Nov 24 (IANS) Kolkata-based Paharpur Cooling Towers Limited, with a turnover exceeding Rs.1,000 crore, has formed a special purpose vehicle (SPV) with a Mauritius-based private equity fund Pragnya Fund-I to execute ... Read more...

Posted in Business |

Venezuela nationalises steelmaker


November 2nd, 2010 - 12:40 pm ICT by IANS
Caracas, Nov 2 (IANS/EFE) Venezuelan President Hugo Chavez has announced the nationalisation of steelmaker Sidetur and of several real estate developers that failed to complete housing projects.Chavez broke the news Sunday during ... Read more...

Posted in Business |

LIC Housing eying banking and other financial services


September 24th, 2010 - 8:40 pm ICT by IANS
Chennai, Sep 24 (IANS) Housing mortgage lender LIC Housing Finance is keen to diversify into various financial services, including banking, a top company official said Friday. "We have applied for a banking ... Read more...

Posted in Business |

Assocham advocates greater transparency for realty industry


August 4th, 2009 - 5:54 pm ICT by IANS
New Delhi, Aug 4 (IANS) To bring transparency in the realty sector, Associated Chambers of Commerce and Industry of India (Assocham) has suggested that it be made mandatory for real estate developers ... Read more...

Posted in Business |

State home loan lender reduces rates


June 22nd, 2009 - 9:53 pm ICT by IANS
New Delhi, June 22 (IANS) State-owned home loan lender Housing and Urban Development Corp (HUDCO) has lowered interest rates by up to 125 basis points. The new rates, which will come into ... Read more...

Posted in Business |

Ambuja Realty to unveil three projects this year despite slowdown


March 9th, 2009 - 12:28 pm ICT by IANS
By Aparajita Gupta Kolkata, March 9 (IANS) Notwithstanding the slowdown, city-based developer Ambuja Realty plans to unveil three new real estate projects in West Bengal this year, a top company official says.The projects ... Read more...

Posted in Business |

India hit as foreign remittances dry up


February 18th, 2009 - 2:06 pm ICT by IANS
Bangkok, Feb 18 (DPA) India would be among the hardest-hit nations as the remittances sent home by its people working in the Middle East begins to dry up following the economic downturn. There ... Read more...

Posted in Uncategorized |

Realty sector disappointed with ‘lacklustre’ interim budget (Lead)


February 16th, 2009 - 8:31 pm ICT by IANS
New Delhi, Feb 16 (IANS) The Indian realty sector, which is reeling under a severe fund crunch, Monday expressed disappointment over the "lacklustre" interim budget for 2009-10 and said the government has ... Read more...

Posted in Uncategorized |

Interim budget fails to cheer realty sector


February 16th, 2009 - 6:00 pm ICT by IANS
New Delhi, Feb 16 (IANS) The Indian realty sector, which is reeling under a severe fund crunch, Monday expressed disappointment over the interim budget for 2009-10, saying the government has done nothing ... Read more...

Posted in Uncategorized |

Additional charge for air travellers in Delhi, Mumbai soon


January 20th, 2009 - 10:28 pm ICT by IANS
New Delhi, Jan 20 (IANS) Airfares are all set to go up once again as the government is close to working out the airport development fee (ADF) charges - an additional fee ... Read more...

Posted in Uncategorized |

Affordable housing next focus for developers: Ficci


December 21st, 2008 - 3:48 pm ICT by IANS
New Delhi, Dec 21 (IANS) The slowdown in property market will see developers focusing more on mid-range and affordable housing with a considerable correction in prices of existing residential projects, says a ... Read more...

Posted in Uncategorized |

Abu Dhabi posts more than eight percent annual growth


August 7th, 2008 - 3:08 pm ICT by IANS
Abu Dhabi, Aug 7 (IANS) Propelled by privatization and diversification, Abu Dhabi, the largest emirate of the United Arab Emirates (UAE), posted an annual growth of more than eight percent, WAM reported ... Read more...

Posted in World |

India-centric real estate fund launched in Oman


August 4th, 2008 - 1:52 pm ICT by IANS
Dubai, Aug 4 (IANS) An India-centric real estate fund by Cordea Nichani, a joint venture between British property fund manager Cordea Savills and India's Nichani Holdings, has been launched in Oman to ... Read more...

Posted in World |

Parsvnath net profit up 45.2 percent


June 20th, 2008 - 8:25 pm ICT by IANS
New Delhi, June 20 (IANS) Real estate major Parsvnath Developers' net profit for 2007-08 rose to Rs.4.24 billion from Rs.2.92 billion the previous year, reflecting a growth of 45.2 percent, the company ... Read more...

Posted in Business |

Left Front’s panchayat poll shock jolts industry


June 18th, 2008 - 11:42 am ICT by IANS
By Aparajita Gupta Kolkata, June 18 (IANS) The ruling communist coalition in West Bengal isn't the only entity jolted by the panchayat polls. The future of several industrial projects too seems uncertain today. ... Read more...

Posted in Politics |

India’s Navayuga Engineering enters UAE market


June 15th, 2008 - 5:02 pm ICT by IANS
Dubai, June 15 (IANS) Leading Indian construction firm Navayuga Engineering Co (NEC) has entered the United Arab Emirates (UAE) market with the ground-breaking ceremony of a water-front project by Abu Dhabi's leading ... Read more...

Posted in World |

Chennai’s realtors skid on fuel price hike, inflation


June 9th, 2008 - 2:03 pm ICT by IANS
By T.S.V. Hari Chennai, June 9 (IANS) Promoters of ongoing real estate projects, worth over Rs.40 billion, are reworking their pricing strategies as rising inflation and the fuel price hike have pushed up ... Read more...

Posted in Business |

From Big B to Deepika, stars ride realty ‘brand wagon’


June 3rd, 2008 - 2:39 pm ICT by IANS
By Anuradha Shukla New Delhi, June 3 (IANS) Bollywood celebrities don't just peddle dreams but also dream homes. Real estate developers are now banking on the star power of the likes of Shah ... Read more...

Posted in Entertainment |

Top Omani firm in JVs with three Indian companies


April 8th, 2008 - 5:19 pm ICT by admin
Dubai, April 8 (IANS) Leading Omani business group W.J. Towell has tied up with three Indian companies for real estate projects in the Gulf nation. The company, through its joint ventures with ... Read more...

Posted in Business |

Sahara Group enters Kochi real estate market


April 5th, 2008 - 2:33 pm ICT by admin
By Juhan Samuel Kochi, Apr 5 (ANI): The Sahara Group's real estate business enters South India with the launch of the Sahara Grace brand of residential complexes in Kochi. The Kochi ... Read more...

Posted in National |

FICCI suggests taxation of real estate investment trusts income on lines of mutual funds


February 5th, 2008 - 6:52 pm ICT by admin
New Delhi, Feb 5 (ANI): The Federation of Indian Chambers of Commerce and Industry has advocated for taxation of real estate investment trusts (REITS) income on the lines of mutual funds and ... Read more...

Posted in Business |

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