Property News from IndianRealtyNews |  |
- Housing Demand to Remain Strong despite Global Slowdown
- DLF May Pay Additional Penalty of Rs 900 Cr
- Reason why Indian Real Estate Lures US NRIs
| Housing Demand to Remain Strong despite Global Slowdown Posted: 18 Aug 2011 08:30 PM PDT Despite slowdown in the global economy, the demand for housing sector will remain strong in the country. But the sector will not witness the kind of price appreciation it has seen in the last couple of years. The global slowdown of economy will have positive as well as negative impact on the Indian real estate [...] |
| DLF May Pay Additional Penalty of Rs 900 Cr Posted: 18 Aug 2011 08:17 PM PDT Real estate giant DLF may have to pay Rs 900 crore extra penalty if the Competition Commission of India (CCI) finds it guilty of abusing its dominant market position in three more projects in Gurgaon. The CCI stunned the housing market on Tuesday when it slapped a Rs 630-crore fine on DLF for unfair practices [...] |
| Reason why Indian Real Estate Lures US NRIs Posted: 18 Aug 2011 07:22 PM PDT The favourable exchange rate and the US Federal Reserve’s attempts to tackle a rapidly-weakening economy by freezing shortterm interest rates for two years are two factors that encourage NRIs across the US to divert their investments into more profitable avenues such as property here. According to Chandru Bhambhra, a realtor based in the US in [...] |
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