Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Taneja Developers Comes Up with India’s first Thematic Tuscan City

Posted: 11 Feb 2010 10:25 PM PST

Taneja Developers & Infrastructure Ltd. (TDI), a leading real estate developer with projects in Haryana, western UP and Punjab has announced the launch of a thematic “Tuscan City” in Kundli at a distance of just 2.5 kms from the national capital. The project spread over an area of 53 acres is expected to be ready [...]

Realty Estate Sector Witnessing Labour Shortage

Posted: 11 Feb 2010 09:08 PM PST

Real estate firms are feeling the pinch of skilled and unskilled labour shortage as infrastructure growth picks up and workers get tapped by retail and other service-oriented industries. Cost of acquiring and retaining talent is going up too. "Delays are high in finishing stage. Shortages of carpenters, painters and electricians are even more severe than [...]

Emaar Registers 98 per cent Hike in Net Profit

Posted: 11 Feb 2010 07:16 PM PST

The UAE-based Emaar Properties said it has reported 98 per cent jump in net profit to 327 million dirhams (USD 89.02 million) last year. Emaar also stated that it will focus on middle-income housing in emerging markets, including India, Egypt and Pakistan this year. The company recorded a profit of 165 million dirhams (USD 44.9 [...]

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