Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Lifting FDI Restriction Could Trigger Fund Inflow in India- Gary Locke

Posted: 14 Feb 2011 01:30 AM PST

Reducing tariff and non-tariff barriers and lifting restrictions on foreign direct investment ( FDI )) could help India trigger fund inflows, crucial to help fix the country’s creaking infrastructure, US Commerce Secretary Gary Locke said here Friday. “Higher investments flowing in to build food storage facilities will help smoothen the supply chain and, in turn, [...]

ICTT can Lead to a Boom in Kochi Real Estate Sector

Posted: 14 Feb 2011 01:26 AM PST

With the commissioning of the International Container Transshipment Terminal (ICTT ) at Vallarpadam, the prices of land and buildings are all set to skyrocket as it will generate more direct and indirect employment opportunities. Kochi will become a hub for logistics professionals from India and abroad when the activities of the port increase in and [...]

Banks Issue Notices to Recover Loans Granted to Real Estate Companies

Posted: 13 Feb 2011 10:52 PM PST

Public sector banks including State Bank of India, Bank of Baroda, Bank of India, Indian Overseas Bank have served notices to dozens of real estate companies to recover around Rs 20,000 crore of their exposure by March. The banks are now making efforts to recover their real estate loans which were restructured in the aftermath [...]

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