Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Property Market in Developing Economies Outperform Europe, UK and US

Posted: 28 Jul 2010 08:45 PM PDT

Property markets in the more dynamic economies of South America, Asia and Eastern Europe are outperforming those in the United Kingdom and Eurozone, according to the RICS Global Commercial Property Survey for the second quarter. The Survey suggests that real estate performance in the United States has shown a marked improvement while in Latin America [...]

DLF Records 3.78% Rise in Consolidated Net Profit

Posted: 28 Jul 2010 08:42 PM PDT

Aided by higher sales realisation, India’s largest real estate company DLF Ltd on Wednesday recorded a 3.78 per cent increase in its consolidated net profit for first quarter of the current fiscal at Rs 411 crore. The net profit was Rs 396 crore in the year ago period. According to a DLF statement, the sales [...]

RBI to Consider Prudential Provisioning in November

Posted: 28 Jul 2010 08:39 PM PDT

Subir Gokarn, deputy governor of the Reserve Bank of India, spoke with DNA on the state of monetary affairs. He said he doesn't see a realty bubble now, but the central bank will consider prudential provisioning in November - though it does not rule out an early clampdown if the situation rises. We are back [...]

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