Property News from IndianRealtyNews

Property News from IndianRealtyNews

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Real Estate Industry Divided Over Impact of FDI in Multi-Brand Retail

Posted: 03 Aug 2011 08:28 PM PDT

Some claim it would result in increased demand for commercial real estate, while others say there would be minimal impact in the short term. Also, the growth in e-commerce will ease the pressure on real estate demand. Sanjay Dutt, chief executive officer (business), Jones Lang LaSalle India, said, "Opening up of new business avenues in [...]

Jaipur is Real Estate Hotspot Believes Global Research Agency ‘CRISIL’

Posted: 03 Aug 2011 08:09 PM PDT

If rising interest rates are compelling you to stall the idea of purchasing a house then think again. When it comes to buying property any time is a good time. While interest rates are cyclical, real estate prices progress in a linear fashion and always head north. The advice holds good especially for Jaipur, shows [...]

DLF to Sell two Non-Core Assets this Quarter

Posted: 03 Aug 2011 07:22 PM PDT

India’s largest real estate company DLF Ltd said it will sell at least two non-core assets in this quarter, helping it partly reduce its net debt of Rs 21,524 crore starting this quarter. “We should be able to achieve that in Q2,” the company’s executive director, Saurabh Chawla, said in an analyst call on Wednesday, [...]

Change in Sales Strategy Helped DLF Improve Revenue & Cash Generation

Posted: 03 Aug 2011 07:05 PM PDT

Slowing sales of flats and high interest rates are pinching real estate player DLF. The company's revenues grew 21 per cent year-on-year to Rs 2,450 crore in the first quarter, but fell nine per cent sequentially. The company managed to beat the Street's revenue estimate primarily due to increased focus on selling plots, say analysts. [...]

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