Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Government May Soon come up with Reformed FDI Agenda

Posted: 13 May 2011 08:53 PM PDT

The government is believed to be giving final touches to the proposal for allowing foreign direct investment (FDI) in multibrand retail, in a decision to go ahead with its reform agenda. However, in order to not incite large-scale protest and opposition, it has decided to open the sector in a "calibrated manner". The final report, [...]

Tata Housing to Develop Township at Ahmedabad

Posted: 13 May 2011 08:50 PM PDT

Tata Housing Development Company Ltd, a leading real estate development player, and Arvind Ltd, the largest integrated lifestyle apparel and textiles company in India, announced the formation of a 50:50 joint venture to develop an integrated township project near Ahmedabad. Tata Housing had entered into an MoU with the State Government, during 'Vibrant Gujarat 2011′ [...]

Real Estate Developer to Retain Focus on Residential Segment

Posted: 13 May 2011 05:57 PM PDT

Puravankara Projects Ltd (PPL) will take a call on entering the hospitality sector in 6-8 months and which segment to target would depend on the city and the site’s location, according to a top company official. "The company owned properties in city centres that were suitable for hospitality projects. However, the company has 'put them [...]

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