Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Commercial Realty Sector Heading Towards Renewed Growth

Posted: 18 Oct 2010 12:04 AM PDT

As negative factors impacting the commercial realty segment fade away, it could well be an indication that the sector is set for renewed growth. If we consider that fewer negative factors implies a positive scenario, then, the commercial real estate sector in the country could well be on the verge of a comeback. It is [...]

PE Firms Focusing on Realty Turf Yet Again

Posted: 18 Oct 2010 12:02 AM PDT

With the country’s real estate sector starting to look up post downturn, and equity markets scaling new highs, private equity (PE) firms have begun focusing on the property turf yet again. These days they are cherrypicking home and office space assets only. Industry estimates suggests India Inc saw over 150 major deals in the first [...]

Godrej Seeks Govt Incentive to Develop Affordable Housing in Ahmedabad

Posted: 17 Oct 2010 11:33 PM PDT

Property prices are sky rocketing in Ahmedabad, leading to a dearth of affordable housing. And Pirojsha Godrej, executive director of Godrej Properties, opines that the government needs to step in, by giving incentives to developers for building affordable houses. Godrej was in Ahmedabad for the formal inauguration of Godrej Garden City on Sunday, and that [...]

Housing and Urban Poverty Alleviation Ministry Gives Final shape to “Slum Free India” Scheme

Posted: 17 Oct 2010 11:29 PM PDT

UPA-II’s ambitious programme to make the nation slum-free within five years is all set to take off as the housing and urban poverty alleviation ministry has finalised the scheme, and how now sent it to finance ministry for approval. Last year, the government had announced the launch of Rajiv Awas Yojana (RAY) aimed at making [...]

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