Property News from IndianRealtyNews |  |
- Demand Boost may Pick up Realty prices
- HDIL Receives Govt Approval for slum rehabilitation project in Mumbai
- Commercial Realty Ahmedabad Experiencing Supply Surge
- Incomplete Projects Creating Problems for Unitech
- Real Estate and Infrastructure Sectors Expect Stimulus from Budget
| Demand Boost may Pick up Realty prices Posted: 16 Feb 2010 10:51 PM PST Home prices may remain firm or inch up slightly in metros such as Delhi and Mumbai and their suburbs despite an expected rise in interest rates as demand picks up once again on the back of renewed activity on the employment front, bankers and realty players that ET spoke to said. However, they felt that [...] |
| HDIL Receives Govt Approval for slum rehabilitation project in Mumbai Posted: 16 Feb 2010 10:48 PM PST Real estate services provider Housing Development & Infrastructure Ltd has received government approval to develop a slum rehabilitation project in Mumbai, a top official told Reuters. “We have received approval for Santacruz West Rehabilitation Project. It’s 1.2 million of sale area, and 0.7 million of rehabilitation area,” Managing Director Sarang Wadhawan said. At an estimated [...] |
| Commercial Realty Ahmedabad Experiencing Supply Surge Posted: 16 Feb 2010 10:46 PM PST Ahmedabad’s commercial realty will experience a supply-surge of 3.6 mn sq ft in 2009-11 against the estimated demand of 2.5 mn sq ft; the oversupply will stabilise commercial realty’s outright values at current levels in 2010. This is a key forecast of the 2010 realty report issued by the Credit Rating and Information Services of [...] |
| Incomplete Projects Creating Problems for Unitech Posted: 16 Feb 2010 10:43 PM PST Developer Unitech's Rs 2,022 crore inflow from sale of part stake in the telecom business will bring down its debt, but it may not be time yet for investors to grab the stock as the company may still not be out of the woods. The country's second largest real estate company has to scale up [...] |
| Real Estate and Infrastructure Sectors Expect Stimulus from Budget Posted: 16 Feb 2010 10:39 PM PST The global economic meltdown radically impacted the infrastructure and real-estate sectors, reminisces K. T. Chandy, Senior tax professional, Ernst & Young. The decline in demand, the supply excesses, and the high debt position of most Indian developers were some of the factors that contributed to the decline of the real-estate sector over the last two [...] |
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