Property News from IndianRealtyNews |  |
- Retail Shares Soar as Govt Plans to Consider FDI in Organised Retail
- Gitanjali Gems forays into Real Estate- Plans Residential Project in Mumbai
- Godrej Group’s Real Estate Arm Enters NCR with Project in Gurgaon
- Commercial Property Rates Unlikely to go up- HDFC
- Lending Norms can Change in Home Loan Segment
| Retail Shares Soar as Govt Plans to Consider FDI in Organised Retail Posted: 08 Jul 2010 12:42 AM PDT Shares of multi-retail firms soared on Wednesday after the Government’s plans to consider FDI investments in the organised retail space. Some multi-retail stocks even touched their highs on a day when the benchmark indices fell. The Ministry, in a discussion paper on Wednesday, said: "keeping in view the large requirement of funds for back-end infrastructure, [...] |
| Gitanjali Gems forays into Real Estate- Plans Residential Project in Mumbai Posted: 08 Jul 2010 12:25 AM PDT Leading diamond jewellery manufacturer and retailer Gitanjali Gems Ltd is entering into real estate business through its maiden residential project at Borivli, in Mumbai's western suburb. Spread over 400,000 sq feet, the project comprises two podiums and two identical wings of 28-storied residential towers with ultra modern amenities, overlooking the Sanjay Gandhi National Park. The project [...] |
| Godrej Group’s Real Estate Arm Enters NCR with Project in Gurgaon Posted: 08 Jul 2010 12:17 AM PDT Godrej Properties, the Godrej Group’s real estate arm, has announced its first residential project in NCR. Godrej Properties Ltd, along with Frontier Home Developers, will develop approximately 1.05-million square feet on nine acres of land in Gurgaon. “With this project in National Capital Region (NCR), we are now present in 11 cities across India. The [...] |
| Commercial Property Rates Unlikely to go up- HDFC Posted: 07 Jul 2010 08:54 AM PDT The mortgage leader HDFC on Tuesday ruled out any upward movement in commercial real estate prices in the near future. “A correction in commercial real estate prices is unlikely…prices are unlikely to show a sharp surge in the coming months. There could be a marginal correction in some areas, but it would be just around 5-10 [...] |
| Lending Norms can Change in Home Loan Segment Posted: 07 Jul 2010 08:50 AM PDT The National Housing Bank (NHB), the regulator for banking and finance companies, is working on a system similar to the base rate regime introduced for banks recently. "We will keep a close watch on how the base rate system works out for banks over the next two quarters. By March, we will have enough reference points [...] |
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