Property News from IndianRealtyNews |  |
- FKCCI Opposes FDI in Retail
- Mid-Cap Real Estate Firms Expected to Post Mixed Trend in June quarter
- DLF, Unitech, Emaar & Ansal Gearing up to Launch Plush Homes
- Real Estate Regulation Act can Increase Housing Prices by Rs 300 per sq ft- CREDAI
- Mahindra and Mahindra’s Real Estate Arm Clocks 39 Pc Rise in Net Profit
- Credai Plans Action against Proposed Goods and Services Tax
- Upswing seen in Demand of Luxury Homes Signals
| Posted: 28 Jul 2010 12:14 AM PDT The blood of 160 million Indian families will be on the Centre's hands if it allows foreign direct investment (FDI) in the multi-brand Indian retail market, corporate consultant and economist S Gurumurthy has said. Addressing the Federation of Karnataka Chamber of Commerce and Industry (FKCCI) on the dangers of FDI in retail market at a [...] |
| Mid-Cap Real Estate Firms Expected to Post Mixed Trend in June quarter Posted: 28 Jul 2010 12:10 AM PDT Mid-cap real estate firms are expected to post a mixed trend as spiraling prices hit affordability and new launches tapered in the April-June quarter. A Reuters’ poll of brokerages estimates Anant Raj Industries to post a 47.79 percent fall in net profit, Housing Development and Infrastructure a 49.26 percent rise and IndiaBulls Real Estate a [...] |
| DLF, Unitech, Emaar & Ansal Gearing up to Launch Plush Homes Posted: 28 Jul 2010 12:04 AM PDT Yet another piece of the real estate market appears to be getting back in shape. After realtors focused on the affordable housing space, where demand remained reasonable when market prices crashed two years ago, they are now launching luxury homes as the segment is witnessing early signals of an upswing in demand. Sensing this turnaround, [...] |
| Real Estate Regulation Act can Increase Housing Prices by Rs 300 per sq ft- CREDAI Posted: 27 Jul 2010 11:57 PM PDT The Confederation of Real Estate Developers’ Associations of India has expressed reservations about the proposed Model Real Estate (Regulation of Development) Act in its present form, saying it could lead to an escalation of prices of housing stock in the country by Rs 300 per sq ft. The bill would be placed before Parliament soon. [...] |
| Mahindra and Mahindra’s Real Estate Arm Clocks 39 Pc Rise in Net Profit Posted: 27 Jul 2010 06:12 AM PDT Mahindra and Mahindra’s real estate development arm, Mahindra Lifespaces, clocked a 39 per cent rise in net profits to Rs 14.48-crore in Q1 of FY 11, driven largely by good performance in the residential segment. The company’s net profit in the corresponding period last year was Rs 10.42-crore. The operating income of the company also [...] |
| Credai Plans Action against Proposed Goods and Services Tax Posted: 27 Jul 2010 06:09 AM PDT Real estate developers apex body Confederation of Real Estate Developers' Association of India (Credai) plans to file a case against the proposed Goods and Services Tax (GST). "Currently we are collecting it from our customers which we don't want to. Soon we will file a case at the national level,'' the Credai National Vice-President, Mr Prakash [...] |
| Upswing seen in Demand of Luxury Homes Signals Posted: 27 Jul 2010 06:07 AM PDT Yet another piece of the real estate market appears to be getting back in shape. After realtors focused on the affordable housing space, where demand remained reasonable when market prices crashed two years ago, they are now launching luxury homes as the segment is witnessing early signals of an upswing in demand. Sensing this turnaround, [...] |
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