Realtors expect rise in property demand after RBI’s rate cut
NEW DELHI: Realty firms today hailed the RBI’s decision to cut short-term lending rate saying the move would reduce the cost of funds to home buyers as well as developers and boost property demand.
“Reserve Bank’s decision to cut the… Continue reading
Home prices to undergo a wave of high appreciation after six months: JLL
JLL
MUMBAI: Real estate consultancy Jones Lang Lasalle India (JLL) expects home prices to undergo a of wave of “high appreciation” after six months. Potential home-buyers have a small window of opportunity over the next six months to buy real… Continue reading
‘Property demand to spike after RBI cut’
New Delhi: Realty firms today hailed the RBI’s decision to cut short-term lending rate saying the move would reduce the cost of funds to home buyers as well as developers and boost property demand.
“Reserve Bank’s decision to cut the… Continue reading
�Tata Camelot can proceed after nod under various Acts�
The Punjab and Haryana High Court left the decision on the controversial Tata Camelot project on the concerned authorities, from whom the project is required to get necessary sanctions, permissions and clearances, under the Wildlife (Protection) Act and Environment (Protection)… Continue reading
Morgan Stanley fund back after four years
: Morgan Stanley Real Estate Investment (MSREI), the real estate fund of the global investment bank Morgan Stanley, has invested in a realty project in the country after more than four years. MSREI invested $90 million in Mumbai-based Sheth Developer
View the Original article
Officials spare houses after villagers protest
New Delhi: The Gautam Budh Nagar administration, in collaboration with the Noida Authority, on Wednesday began a week-long demolition drive of illegal structures that have come up on the Hindon floodplains in Noida. However, when residents of the area protested,… Continue reading
After spike, sanand land prices fall 20%
AHMEDABAD: Land prices in Sanand are softening for the first time after a continuous appreciation since 2008 when Tata Motors set up the Nano plant in the Ahmedabad neighbourhood. Brokers say farmers and land-owners are selling their land cheaper by… Continue reading
After banks, Noida hospitals seek extension from apex court
seeking an extension of the two-month deadline set for vacating residential plots.
On December 4, the Supreme Court had asked all commercial institutions in residential areas across Noida to vacate within two months. After several banks sought relief from the… Continue reading
Contactors hike road costs after bagging orders
TheBMC, in three years from 2007-08 to 2009-10 , allowed contractorswho recently bagged a major roads contract to increase costs in 17major projects by an average of 51.5 per cent. The projects,executed and tendered separately , were originally pegged at… Continue reading