Property News from IndianRealtyNews

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Omaxe Shelves Plan to Develop 10 Lakh Affordable Houses at an Investment of Rs 80,000cr

Posted: 25 Sep 2011 08:28 PM PDT

Realty firm Omaxe has shelved its Rs 80,000 crore investment plan aimed at developing 10 lakh affordable houses across the country over a period of five years. “The project could not take off after the slowdown impacted all the developers in 2008. We tried to develop some houses at some locations… The project is shelved [...]

Retail Chains Looking for Space Across the Country

Posted: 25 Sep 2011 07:40 PM PDT

Non-metros set to witness much of the action, too, while metro lease rentals begin a canter. Retail chains across the country are signing up for space in a big way, after a long pause that had followed the economic downturn. For instance, the Future Group, Shoppers Stop and Reliance Retail together picked up more than [...]

FDI in Multi Brand Retail will Increase Investment Opportunities in Organised Retail Sector

Posted: 25 Sep 2011 07:23 PM PDT

The introduction of FDI in multi-brand retail will lead to increased demand, which in turn will catalyse more investment opportunities in organised retail. A key differentiator of the retail sector is that it penetrates beyond the top seven cities, into areas where there is a significant shortage of well-planned, well-developed and professionally managed shopping centres. [...]

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