real estate developers

Housing developers hail FDI in retail, call for realty reforms


September 20th, 2012 - 6:22 pm ICT by IANS
Mumbai, Sep 20 (IANS) Hailing the UPA government's decision to allow FDI in retail as the right move, the housing developer community Thursday called for accelerating the economic reforms process ... Read more...

Posted in Business |

Russian real estate major offers to invest in Punjab


September 12th, 2012 - 9:22 pm ICT by IANS
Chandigarh, Sep 12 (IANS) A leading Russian real estate development company has expressed its interest in investing in Punjab's infrastructure sector, a state government spokesperson said here Wednesday."Boris Kiperman and ... Read more...

Posted in Business |

Panel formed to protest VAT in Maharashtra


August 27th, 2012 - 10:49 pm ICT by IANS
Mumbai, Aug 27 (IANS) Harried property buyers in Maharashtra have formed an action committee to protest against the proposed collection of VAT arrears by the state government for all kinds ... Read more...

Posted in Business |

Ghaziabad councillor slams private developers


August 26th, 2012 - 12:05 am ICT by IANS
Ghaziabad, Aug 25 (IANS) Private real estate developers in Ghaziabad have violated building laws at the cost of home buyers and the authorities are not acting against them, a municipal ... Read more...

Posted in Politics |

Maharashtra to recover VAT arrears on property deals


August 23rd, 2012 - 7:35 pm ICT by IANS
Mumbai, Aug 23 (IANS) Realtors across Maharashtra have been ordered to pay by Aug 31 the value added tax (VAT) on all new flats, shops or bungalows sold between June ... Read more...

Posted in Politics |

Real estate lobby to help fund education in the sector


August 16th, 2012 - 7:28 pm ICT by IANS
Mumbai, Aug 16 (IANS) Aiming to promote excellence and bring in global standards in the real estate arena, the sector's apex body Confederation of Real Estate Developers' Associations of India ... Read more...

Posted in Business |

China builds replicas of British towns (Lead)


August 9th, 2012 - 5:05 pm ICT by IANS
London, Aug 9 (IANS) Real estate developers in China are now copying Tudor buildings, cobbled streets and even red telephone boxes and artificial rivers in an attempt to recreate the ... Read more...

Posted in Health Science |

Western Ghats being handed over to mining barons: Goa’s green campaigner


July 5th, 2012 - 11:27 am ICT by IANS
Panaji, July 5 (IANS) A rampaging iron ore mining industry and colluding officials are behind the shocking exclusion of Goa's forests from a cluster of 39 areas in the Western ... Read more...

Posted in Uncategorized |

Reality sector resents black money accusations


May 29th, 2012 - 10:46 pm ICT by IANS
Mumbai, May 29 (IANS) A top realty developers' association Tuesday castigated the central government for targeting it as one of the prime investment destinations for those with black money.Reacting ... Read more...

Posted in Business |

India’s first oceanarium to come up in Greater Noida


May 5th, 2012 - 5:55 pm ICT by IANS
New Delhi, May 5 (IANS) In another first for the National Capital Region (NCR), the country's first oceanarium is all set to open in Greater Noida by the year-end.Developed as ... Read more...

Posted in Uncategorized |

Chavan applies balm to angry realtors


May 2nd, 2012 - 10:56 pm ICT by IANS
Mumbai, May 2 (IANS) A week after the powerful realty industry's sharp criticism of the Maharashtra government for "inaction and policy paralysis", Chief Minister Prithviraj Chavan attempted to soothe their ... Read more...

Posted in Business |

Dream of affordable homes gathers dust in Maharashtra


April 25th, 2012 - 8:28 pm ICT by IANS
Mumbai, April 25 (IANS) An ambitious plan to construct 500,000 affordable homes in Mumbai, Thane and Raigad districts of Maharashtra is gathering dust due to "inaction and policy paralysis" on ... Read more...

Posted in Business |

Realty industry welcomes rate cut, sees benefit for all (Lead)


April 17th, 2012 - 8:07 pm ICT by IANS
New Delhi, April 17 (IANS) The interest rate-sensitive realty sector Tuesday welcomed the Reserve Bank of India's (RBI) decision to cut key lending rates by 50 basis points, and felt ... Read more...

Posted in Business |

Realty industry welcomes rate cut, sees benefit for all


April 17th, 2012 - 5:23 pm ICT by IANS
New Delhi, April 17 (IANS) The interest rate sensitive realty industry Tuesday welcomed the Reserve Bank of India's (RBI) decision to cut key lending rates by 50 basis points, and ... Read more...

Posted in Business |

Realtors to discuss crises plaguing building industry


March 26th, 2012 - 11:37 pm ICT by IANS
Pune, March 26 (IANS) Alarmed by the crises plaguing the realty sector, top real estate corporate and builders from all over India shall converge here Wednesday to brainstorm and find ... Read more...

Posted in Business |

Realty sector sore with union budget


March 16th, 2012 - 8:18 pm ICT by IANS
Mumbai, March 16 (IANS) Predicting an escalation in property prices, top players in Maharashtra's crucial realty sector Friday said they had been ignored by Finance Minister Pranab Mukherjee in ... Read more...

Posted in Business |

Planning for Bangalore’s growth


February 22nd, 2012 - 5:05 pm ICT by IANS
Bangalore, Feb 22 (IANS) Sprawling malls and multi-storeyed commercial and residential complexes continue to sprout at a frenetic pace in India's technology capital.However, increasing concern that Bangalore's development is unplanned ... Read more...

Posted in Business |

Chinese official jailed for 15 years for graft


February 20th, 2012 - 3:31 pm ICT by IANS
Beijing, Feb 20 (IANS) A senior city official in China's Hunan province has been sentenced to 15 years in prison for taking bribes worth about 2 million yuan (about$318,000) and ... Read more...

Posted in World |

Bribe cloud over Goa minister set to fight poll


February 4th, 2012 - 6:11 pm ICT by IANS
Panaji, Feb 4 (IANS) Goa Education Minister Atanasio Monserrate, who was allegedly named in an Income Tax department report for receiving kickbacks to the tune of Rs.26.5 crore from ... Read more...

Posted in Politics |

Beijing’s property sales fall 12 percent


January 19th, 2012 - 10:41 pm ICT by IANS
Beijing, Jan 19 (IANS) Property sales in Beijing dropped by 12.2 percent year-on-year in 2011, an official said Thursday.Real estate developers sold 14.4 million sq meters of commercial estate and ... Read more...

Posted in Business |

Goa priest makes debut on election altar


January 12th, 2012 - 2:33 pm ICT by IANS
Panaji, Jan 12 (IANS) If Father Bismarque Dias sticks to his guns till March 3, he may well become the first man of the cloth to contest elections in Goa.The ... Read more...

Posted in Politics |

Realty industry needs regulator to promote ethical business (Comment)


December 18th, 2011 - 12:34 pm ICT by IANS
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 ... Read more...

Posted in Business |

Goa Church criticises Kamat’s land use policy


December 15th, 2011 - 5:48 pm ICT by IANS
Panaji, Dec 15 (IANS) The Goa church has hit out at the state government over its formulation of a much hyped Regional Plan 2021, a brainchild of Chief Minister ... Read more...

Posted in Business |

DLF Q2 profit falls 11 percent


November 10th, 2011 - 10:36 pm ICT by IANS
New Delhi, Nov 10 (IANS) DLF, one of India's largest real estate developers, said Thursday its net profit fell 11 percent to Rs.372 crore in the second quarter of current ... Read more...

Posted in Business |

Puravankara takes Bangalore for Louis Philippe golf


November 9th, 2011 - 5:42 pm ICT by IANS
Bangalore, Nov 9 (IANS) Puravankara Projects Ltd has taken over the Bangalore team of the inaugural eight-city team event, the Louis Philippe Cup, according to the Professional Golf Tour of ... Read more...

Posted in Sports |

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 |

Kochi Infopark readies for second phase


October 12th, 2011 - 6:33 pm ICT by IANS
Kochi, Oct 12 (IANS) Kochi Infopark, the IT hub in this commercial capital of Kerala is gearing up for the second phase of its development, an official said Wednesday."We are ... Read more...

Posted in Sci-Tech |

Green rating assessment scheme for Goa demanded


October 1st, 2011 - 1:05 pm ICT by IANS
Panaji, Oct 1 (IANS) Green architects in Goa are lobbying with the state government to come up with a green rating assessment scheme for infrastructure projects in the state to ... Read more...

Posted in Uncategorized |

Code of conduct for Punjab real estate agents


September 3rd, 2011 - 4:51 pm ICT by IANS
Chandigarh, Sep 3 (IANS) Real estate agents in Punjab will now be governed by a code of conduct, a property developers' confederation said Saturday."Realty sector in Punjab state is all ... Read more...

Posted in Business |

Realty stocks on sticky wicket amid high interest rates, controversies


August 21st, 2011 - 2:34 pm ICT by IANS
Mumbai, Aug 21 (IANS) If you had put Rs.100 in the realty index of the Bombay Stock Exchange (BSE) a month ago, you investment today is down to Rs.75 and ... Read more...

Posted in Business |

Costly land aggregation can frustrate affordable housing (Comment)


August 17th, 2011 - 1:20 pm ICT by IANS
The recent trouble in Noida shows how unfair and opaque guidelines on land acquisition can not only derail real estate and infrastructure development in the country but also sour the common ... Read more...

Posted in Business |

Constant rate hikes have further burdened realty industry (Comment)


August 3rd, 2011 - 1:13 pm ICT by IANS
It is a matter of concern that credit growth, both for home loans and on the exposure to real estate developers, has hit a speed breaker due to repeated interest rate ... Read more...

Posted in Business |

Farmers from Mayawati’s village move court


July 28th, 2011 - 12:33 am ICT by IANS
Lucknow, July 27 (IANS) At least 50 farmers from Uttar Pradesh Chief Minister Mayawati's native village Badalpur in Greater Noida Wednesday moved the Allahabad High Court against acquisition of some ... Read more...

Posted in Uncategorized |

Auto, realty sectors unhappy at interest rate hike


July 26th, 2011 - 7:43 pm ICT by IANS
New Delhi, July 26 (IANS) The country's automobile and realty sectors have expressed their reservations over the Reserve Bank of India's (RBI) decision to hike interest rates by 50 basis ... Read more...

Posted in Business |

Uncertainty looms over realty projects in Greater Noida


July 10th, 2011 - 2:10 pm ICT by IANS
Greater Noida/New Delhi, July 10 (IANS) Once touted among the most attractive destinations for housing projects in the National Capital Region, uncertainty looms large at Greater Noida after 156 ... Read more...

Posted in Business |

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