Property News from IndianRealtyNews |  |
- SBI Hikes Lending Rate by 75bps
- Wave to Launch Integrated Township Project in Ghaziabad
- Vishal Retail Changes Name to V2 Retail Ltd; Plans Entry into Real Estate Sector
- 34% Rise in Shobha Developers Yearly Net Profit
- Property Registration Cost May Go up in Chandigarh
| SBI Hikes Lending Rate by 75bps Posted: 10 May 2011 09:05 PM PDT Country’s largest lender SBI has announced a hike in lending rates by 75 basis points (bps), making housing, auto and other loans dearer for both new and existing borrowers. State-owned SBI has increased the base rate, or the minimum lending rate, by 75 bps (0.75 per cent) to 9.25 per cent. The new rate is effective [...] |
| Wave to Launch Integrated Township Project in Ghaziabad Posted: 10 May 2011 08:26 PM PDT Wave Inc, the erstwhile Chadha Group, has announced the launch of its mega self sustainable integrated township christened Wave City in Ghaziabad. Spread across 4,500 acres, this township is situated on NH 24, Ghaziabad, one of the most happening real estate destinations in Delhi-NCR. "We are happy to announce a township that will potentially [...] |
| Vishal Retail Changes Name to V2 Retail Ltd; Plans Entry into Real Estate Sector Posted: 10 May 2011 08:16 PM PDT Vishal Retail Ltd today said it plans to change its name to ‘ V2 Retail Ltd’ and also enter into real estate business for which it is seeking shareholders approval. “The Board of Directors of the company in their meeting held on April 9, 2011 decided to change the name from Vishal Retail Ltd [...] |
| 34% Rise in Shobha Developers Yearly Net Profit Posted: 10 May 2011 07:56 PM PDT Real estate company Sobha Developers has reported its yearly net profit rose by 34 per cent to Rs 182.5 crore. Revenues were up 31 per cent year-on-year in 2010-11 at Rs 1,464.6 crore, the Bangalore-headquartered company said. In 2010-11, the company sold 2.78 million sq ft, a 33 per cent yoy growth. The board has [...] |
| Property Registration Cost May Go up in Chandigarh Posted: 10 May 2011 07:34 PM PDT Cost of property registration is set to go up in Chandigarh. The UT estate office has begun finalizing a plan to hike collector’s rate. A 20 per cent rise in the rate is being contemplated. With the collector’s rate a benchmark for sale and purchase of property, the hike would boost property rates, besides resulting [...] |
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