Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Sobha Developers to Start $107 Million Luxury Home Project in New Delhi Suburb

Posted: 22 Aug 2010 10:43 PM PDT

Sobha Developers Ltd., the best performing stock on the Bombay Stock Exchange Realty Index this year, plans to start a 5 billion rupee ($107 million) project in a New Delhi suburb to build luxury homes as the economy expands. "We are entering the golden era in real estate now," J.C. Sharma, managing director of the [...]

Investors Trust Real Estate Industry over MF’s

Posted: 22 Aug 2010 10:28 PM PDT

The rich rarely admit when they lose money. Often it's too little to matter. More often, they are too proud to tell the world how wrong they were. A client, who asks a private wealth manager to handle Rs 50 lakh, may change her banker if the man fails. But she is unlikely to write [...]

FDI in India’s Booming Real Estate Jumps 80 Folds

Posted: 22 Aug 2010 10:19 PM PDT

It's not Indians alone who are monitoring the real estate market here. More and more money is being pumped into India's housing sector from abroad. And this, despite the recent downturn. Foreign direct investment (FDI) in India's booming real estate and housing market jumped 80 times between 2005 and 2010. Figures obtained by TOI show [...]

IFC in Discussion with Real Estate Developers to Create Large Affordable Housing Projects

Posted: 22 Aug 2010 10:16 PM PDT

The International Finance Corporation is in talks with several real estate developers to create large affordable housing projects in India. "IFC has been talking with everybody; there have been discussions with the Tatas and with other corporate groups on this," said Mr Paolo Martelli, Director, South Asia, IFC. "Everybody" includes both real estate developers and [...]

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