NuWire Investor Weekly 6/3/2010

 
NuWire Weekly
Go-Zone Information
Find out why seasoned investors are flocking to the Go Zone. CLICK HERE to view Hanover's Go Zone presentation.
June 3, 2010
Featured Articles
World Real Estate Markets
In an interview on The Creating Wealth Show, Matthew Montagu-Pollock, the head of Global Property Guide, discussed. ..read more
Globalization
There are plenty of must-haves when it comes to starting a business: a great idea, solid plan, creative marketing strategy ...read more
 Investor Nation Properties
CLICK HERE to view our available turn-key cash flowing investment properties.
New Houses
The US House of Representatives Bill, HR 5409, aims to protect the home building industry by offering government backed ... read more
Mortgage Brokers
Blamed for helping to blow-up the real estate market, the ranks of mortgage brokers have been cut to nearly a third and most hardcore brokers...read more
Help for unemployed homeowners
Millions of homeowners facing the risk of foreclosure  may be helped under a special provision included in the Financial Reform Act...read more
  
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Property News from IndianRealtyNews

Property News from IndianRealtyNews

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

Isha Homes to Tap Potential Market for Budget Homes in Chennai

Posted: 01 Jun 2010 07:52 PM PDT

Isha Homes, a fast-growing property developer in Chennai, has set its sight on tapping the market potential for budget homes. Spread over 5.91 acres near Medavakkam, a southern suburb of Chennai, Isha Yara will offer 460 flats with a total built up area of 4.28 lakh square feet. It will offer a mix of 2 [...]
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Property News from IndianRealtyNews

Property News from IndianRealtyNews

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

HDIL Posts 187% Jump in Q4 net

Posted: 31 May 2010 08:16 PM PDT

Housing Development and Infrastructure Ltd (HDIL) has posted a 187 per cent jump in profit after tax in the January-March quarter of FY 10. The company has posted a net profit of Rs 177.84 crore for the quarter ended March 31, 2010 as compared to Rs 61.92 crore for the quarter ended March 31, 2009. [...]

Unitech Reports 43.64 Per Cent Decline in Net Profit

Posted: 31 May 2010 08:13 PM PDT

Unitech, the country’s second-largest realty firm, has reported 43.64 per cent decline in its net profit for 2009-10 fiscal at Rs 675.05 crore, mainly due to lower margin in affordable housing projects. It had posted a net profit of Rs 1,197.71 crore in the previous financial year. The net sales, however, rose marginally to Rs 2,931.33 [...]

Omaxe Sees Surge in Profits

Posted: 31 May 2010 04:20 PM PDT

New Delhi-based property developer Omaxe Ltd reported a profit of Rs45.12 crore in the three months ended 31 March, compared with a loss of Rs41.62 crore a year earlier, as it benefited from increased demand from buyers in small cities. Net sales increased almost sixfold to Rs378.20 crore in the term from Rs64.01 crore in [...]

32 SEZ Developers Seek Time Extension to Execute Projects

Posted: 30 May 2010 09:38 PM PDT

As many as 32 SEZ developers, including Reliance Haryana SEZ of RIL, Indiabulls, Unitech and TCS, have sought extension of time to execute their projects. The inter-ministerial board of approval (BoA) will take up these cases at its next meeting scheduled for June 8, an official said on Tuesday. Besides the extension cases, five [...]
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