real estate sector

Spanish government approves `bad bank’ for toxic assets


September 1st, 2012 - 3:07 pm ICT by IANS
Madrid, Sep 1 (IANS/EFE) Spain's government has approved a new financial sector overhaul required by Brussels as a part of a bank-rescue programme, creating an asset-management agency - or "bad ... Read more...

Posted in Business |

Himachal freezes property transactions


August 29th, 2012 - 8:08 pm ICT by IANS
Shimla, Aug 29 (IANS) With the state government deciding to repeal the act that regulates property business in Himachal Pradesh, the realty sector is likely to come to a standstill ... Read more...

Posted in Business |

Singapore’s economy to grow in 2013: IMF


August 28th, 2012 - 12:48 pm ICT by IANS
Washington, Aug 28 (IANS) Singapore's economy would expand by 2.9 percent this year before firming up to 3.4 percent in 2013, and Singapore has ample policy space to mitigate the ... Read more...

Posted in Business |

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 |

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 |

Realty industry has little to cheer from budget (Comment)


March 18th, 2012 - 3:37 pm ICT by IANS
The latest national budget has given India?s realty sector a short shrift, despite its stated objective to create conditions for growth, focusing on domestic-driven growth recovery. It has sadly ... Read more...

Posted in Business |

KBC winner plans to invest Rs.3.5 crore in real estate


March 16th, 2012 - 7:47 pm ICT by IANS
Lucknow, March 16 (IANS) Sushil Kumar, who scripted history by winning the jackpot of Rs.5 crore in the fifth season of Kaun Banega Crorepati, says that he plans to ... Read more...

Posted in Entertainment |

An assistant engineer worth Rs.70 million!


March 1st, 2012 - 1:35 pm ICT by IANS
Raipur, March 1 (IANS) An assistant engineer employed with the water resources department in Chhattisgarh has assets woth Rs.70 million, Anti-Corruption Bureau (ACB) officials claimed Thursday."The ACB sleuths raided two ... Read more...

Posted in Uncategorized |

Making housing affordable: Realty industry needs budget boost (Comment)


February 26th, 2012 - 12:00 pm ICT by IANS
The previous annual budget presented by Finance Minister Pranab Mukherjee failed to come up with some substantial measures to boost the realty industry, especially the housing sector. With the realty ... Read more...

Posted in Business |

India Cements chalks plans to become pan-nation player


January 15th, 2012 - 2:16 pm ICT by IANS
New Delhi, Jan 15 (IANS) India Cements, a leader in southern India with a 28 percent market share, has charted an expansion plan to become a pan-nation player next year ... Read more...

Posted in Uncategorized |

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 |

Need effective, not powerful leaders: Chavan


December 3rd, 2011 - 7:48 pm ICT by IANS
New Delhi, Dec 3 (IANS) Maharashtra Chief Minister Prithviraj Chavan Saturday said "effective leaders" were needed more than "powerful leaders" today as people are "well-informed and demand good governance"."I think ... Read more...

Posted in Politics |

Toshiba Elevator sets up unit in Middle East


November 29th, 2011 - 4:45 pm ICT by IANS
Dubai, Nov 29 (IANS) Toshiba Elevator, a unit of Japanese conglomerate Toshiba Corporation, Tuesday said it has set up a new firm aimed to expand its operation in the Middle ... Read more...

Posted in World |

Spain jobless rate may rise to 23 percent


November 29th, 2011 - 11:49 am ICT by IANS
Paris, Nov 29 (IANS/EFE) Spain's unemployment rate could climb to 23 percent next year, the Organization for Economic Cooperation and Development said Monday in its latest global Economic Outlook.The Paris-based ... Read more...

Posted in Uncategorized |

Indian real estate sector to face shortfall of professionals


November 17th, 2011 - 11:20 pm ICT by IANS
New Delhi, Nov 17 (IANS) With India's population estimated to increase to 1.38 billion by 2020 leading to potential future growth of the real estate sector, the industry is likely ... Read more...

Posted in Business |

Legislation in offing for street vendors


November 11th, 2011 - 9:21 pm ICT by IANS
New Delhi, Nov 11 (IANS) Central legislation to protect the livelihood rights and social security of street vendors is on the anvil, while a model bill to give property ... Read more...

Posted in Business |

India, Switzerland ink deal for energy efficiency


November 10th, 2011 - 6:17 pm ICT by IANS
New Delhi, Nov 10 (IANS) India and Switzerland have signed an agreement to cooperate in the development of energy-efficient buildings through the use of advanced Swiss technologies.Philippe Welti, Swiss ambassador ... Read more...

Posted in Business |

Real estate regulatory bill to address consumers’ concern: Kamal Nath


November 9th, 2011 - 6:05 pm ICT by IANS
New Delhi, Nov 9 (IANS) The government will soon introduce a regulatory framework for real estate sector to address the concerns of consumers and ensure level playing field for all ... Read more...

Posted in Business |

Real estate regulator bill will improve transparency: Selja


November 4th, 2011 - 10:08 pm ICT by IANS
New Delhi, Nov 4 (IANS) The real estate regulator bill, to be tabled in the coming winter session of parliament, will improve governance and transparency in the sector, union Housing ... Read more...

Posted in Uncategorized |

Now real estate sector needs reform (Comment)


October 30th, 2011 - 12:50 pm ICT by IANS
The Supreme Court ruling banning real estate transactions on the basis of power of attorney and making sale deed compulsory for property sale is a welcome step that will make secondary ... 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 |

Property sector needs transparency: Minister


September 22nd, 2011 - 6:57 pm ICT by IANS
Mumbai, Sep 22 (IANS) There is an "immense need" for improving the regulatory environment and transparency in the real estate sector, Housing and Urban Poverty Alleviation Minister Kumari Selja said ... Read more...

Posted in Business |

South City Projects to foray into Sri Lanka


September 6th, 2011 - 5:23 pm ICT by IANS
Kolkata, Sep 6 (IANS) South City Projects (Kolkata) Ltd, one of the fastest growing real estate firms in eastern India, will foray into the real estate sector in Sri Lanka ... Read more...

Posted in Uncategorized |

Paint industry to touch Rs.100,000 crore by 2020


August 11th, 2011 - 7:28 pm ICT by IANS
Kolkata, Aug 11 (IANS) The Rs.24,000 crore paint sector in India is likely to touch Rs.100,000 crore by 2020, a top official of the industry's apex body said Thursday."Buoyed by ... Read more...

Posted in Business |

Auto, realty sectors unhappy at interest rate hike (Lead)


July 26th, 2011 - 8:54 pm ICT by IANS
New Delhi, July 26 (IANS) Automobile and realty sectors Tuesday voiced reservations over the RBI decision to hike interest rates by 50 basis points to tame inflation, which sets the ... Read more...

Posted in Business |

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 |

Income tax raids on Mammooty, Mohanlal (Third Lead)


July 22nd, 2011 - 5:13 pm ICT by IANS
Kochi, July 22 (IANS) Income tax officials Friday raided two of India's biggest film stars, Mammootty and Mohanlal, across four southern cities. Both the Kerala-based actors have been asked to ... Read more...

Posted in Uncategorized |

Income tax sleuths knock at Mammooty, Mohanlal’s doors (Second Lead, changing dateline)


July 22nd, 2011 - 1:29 pm ICT by IANS
Kochi, July 22 (IANS) Seven teams of income tax officials Friday raided the homes and offices of Mammootty and Mohanlal across four cities, with both the southern superstars believed to ... Read more...

Posted in Entertainment |

Greek default would roil financial markets: US official


June 23rd, 2011 - 12:18 pm ICT by IANS
Washington, June 23 (IANS/EFE) Federal Reserve Chairman Ben Bernanke said Wednesday that a Greek sovereign debt default would "roil" financial markets and that the US is closely following the situation ... Read more...

Posted in Uncategorized |

Muslim or Christian, in Kerala they want Vastu home


June 12th, 2011 - 12:18 pm ICT by IANS
Thiruvananthapuram, June 12 (IANS) Gone are the days when Vastu Shastra was used only by Hindus while constructing their homes, says 60-year-old K. Muraleedharan Nair, who is much sought after ... Read more...

Posted in Life Style |

Government committed to provide affordable housing


June 10th, 2011 - 11:57 pm ICT by IANS
New Delhi, June 10 (IANS) The government Friday said it is committed to providing affordable housing to all and that work is underway on a real estate regulation bill."The ... Read more...

Posted in Business |

‘Realty boom coming in smaller cities’


May 13th, 2011 - 10:31 am ICT by IANS
New Delhi, May 13 (IANS) The population in India's big cities is exploding and in the next five years, the housing boom will reach the smaller urban centres to target ... Read more...

Posted in Life Style |

Regulation only way to weed out graft in realty sector (Comment)


April 6th, 2011 - 2:00 pm ICT by IANS
A recent survey by a global consultancy, dubbing the real estate sector in India as most corrupt, has come as a shocker for industry captains struggling to improve the tainted ... Read more...

Posted in Business |

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 |

BJP demands probe into Goa seaside project


March 22nd, 2011 - 6:49 pm ICT by IANS
Panaji, March 22 (IANS) The opposition Bharatiya Janata Party (BJP) in Goa Tuesday demanded a probe into the controversial seaside project being developed by a firm co-promoted by the ... Read more...

Posted in Politics |

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