Property News from IndianRealtyNews

Property News from IndianRealtyNews

Link to India Properties - Real Estate India - Indian Property News Site

Unitech Announces Launch of “Crestview Apartments” in Gurgaon

Posted: 28 Oct 2011 07:55 PM PDT

Realty firm Unitech has announced the launch of "Crestview Apartments" in Gurgaon. Crest-view is being launched as a part of Wildflower Country, a 100-acre township in sector 70, Gurgaon, being developed by Unitech. Crestview offers apartments in sizes ranging from 925- 1,402 square feet in G+13 level towers with each floor having four units. It [...]

Tata Housing Announces Launch of Luxury Residential Project in Mumbai

Posted: 28 Oct 2011 07:51 PM PDT

Tata Housing Development Company has recently annou¬nced the launch of Amantra, a luxury residential township with 14, 24, 29 and 34-storey towers with a total project cost of Rs 1,000 crore on the Thane-Kalyan Road, a Mumbai suburb. Amantra has approximately 2,500 apartments including 2 BHK and 3 BHK houses, and the prices range from [...]

AR Group launches high-end villa project in Chennai

Posted: 28 Oct 2011 05:56 PM PDT

The Chennai-based AR Group, which had earlier promoted the premium IT park, Acropolis in Chennai's upmarket Dr Radhakrishnan Road, has announced the launch of premium high-end villas on the scenic East Coast Road (ECR). The project, Amara Ananta, coming up at Palavakkam on ECR and located close to the city, will offer a total of [...]
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Property News from IndianRealtyNews

Property News from IndianRealtyNews

Link to India Properties - Real Estate India - Indian Property News Site

DLF Stocks Fall on Sebi’s IPO Probe

Posted: 24 Oct 2011 07:57 PM PDT

Shares of India’s largest real estate player DLF fell over 2% on the bourses after capital market regulator Securities and Exchange Board of India (Sebi) said it would probe the allegations a Delhi businessman against the realty major. The stock fell by 2.7 % to end Friday at Rs 225 on BSE, after plunging by [...]

RBI Hikes Repo Rate by 25 bps: Home Loan to Get Costlier

Posted: 24 Oct 2011 07:04 PM PDT

The RBI on Tuesday hiked repo rate by 25 basis points. It said likelihood of rate action in December mid-quarter review was “relatively low”. The central bank also deregulated savings bank deposit rate with immediate effect. The 13th hike since March 2010 will make home and auto loans costlier with banks likely to pass on [...]
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Property News from IndianRealtyNews

Property News from IndianRealtyNews

Link to India Properties - Real Estate India - Indian Property News Site

SEBI to Probe Allegations Leveled Against DLF

Posted: 20 Oct 2011 08:25 PM PDT

India’s capital markets regulator said Thursday it will investigate allegations leveled against real estate company DLF Ltd. that it violated certain provisions of disclosure and investor protection rules during its initial public offering in 2007. The investigation by SEBI–the Securities and Exchange Board of India—follows a complaint filed by Kimsuk Krishna Sinha, alleging that Sudipti [...]

Ambuja Realty Acquires RMZ’s Ecospace Business Park for Rs 300cr

Posted: 20 Oct 2011 07:28 PM PDT

In one of the largest real estate deals in Kolkata, Ambuja Realty has acquired the RMZ’s Ecospace Business Park in New Town in Rajarhat for little over Rs 300 crore. The acquisition will provide Ambuja Realy a large chunk of premium commercial property adjacent to its existing one, Ambuja Realty Campus. The project, which is [...]

India Bulls Reports Fall in Q2 Profit

Posted: 20 Oct 2011 07:27 PM PDT

Indiabulls Real Estate Ltd., one of the largest listed real estate companies in India, reported a fall in its net profit for the second-quarter, both on consolidated and stand-alone basis. The New Delhi-based company posted second-quarter consolidated net profit after minority interest of Rs.39.39 crore or Re.0.92 peer share, compared with Rs.50.86 crore or Rs.1.19 [...]

Less Fireworks for Builders This Festive Season

Posted: 20 Oct 2011 05:50 PM PDT

The period around Diwali is usually the best time in the building trade, but this festive season a triple cocktail of volatile markets, double-digit interest rates and poor consumer confidence in a slowing economy has hit sales volumes, portending hard times for India’s real estate sector. Some brokers and market experts are bracing themselves for [...]

CREDAI Welcomes Allahabad HC Decision on Noida, Greater Noida& Noida Extension

Posted: 20 Oct 2011 05:47 PM PDT

Welcoming the “balanced” decision of the Allahabad High Court to quash land acquisition in three villages in the Noida, Greater Noida and Noida Extension areas of Uttar Pradesh, real estate developers’ body CREDAI claims that home buyers will not be affected by the ruling. “It’s a balanced judgement by the Allahabad HC. It will allow [...]
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