Property News from IndianRealtyNews

Property News from IndianRealtyNews

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12 % Rise Expected in Property Prices by End 2010

Posted: 02 Apr 2010 12:30 AM PDT

Prices of properties may rise over 12 per cent from its present levels by the end of this year due to the rising costs of inputs like cement and steel, service tax levied on real estate industry and high cost of funds. While cement prices have risen by Rs 20 per bag, steel prices have [...]

Rising Property Prices may Affect Transaction Volume

Posted: 02 Apr 2010 12:25 AM PDT

With improvement in demand, real estate prices in the country have started moving up. But, according to experts’ views and indications available from the latest data, the rise in prices may affect transactions volume, which had gone up in the recent past. According to a report by research house, Nomura Securities, first half of the [...]

India Sees 64% Rise in NRI Inflows

Posted: 02 Apr 2010 12:20 AM PDT

Overseas Indians are setting great store by the safety and returns offered by Indian banks on NRI deposits. Proof: In the first nine months of FY2010, they parked $1.34 billion more in these deposits over the corresponding period last year. In the first nine months of FY2010, inflows into non-resident Indian (NRI) deposits were 64 [...]

Construction Giant Shapoorji Pallonji Group to Set up Real Estate Fund

Posted: 01 Apr 2010 08:30 PM PDT

The 140 year-old Shapoorji Pallonji Group, a homegrown construction giant, is setting up a real estate fund that may participate in developments worth over $2 billion in the next few years, said multiple sources familiar with the development. As part of the move, Rajesh Agarwal, who spearheaded AIG Global Real Estate in India as its [...]

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