Property News from IndianRealtyNews

Property News from IndianRealtyNews

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

TCG Real Estate Partners with US-based Vornado Realty Trust; Plans Investment of Rs 270 crore in Mumbai, NCR Residential Projects

Posted: 05 May 2011 08:50 PM PDT

India Property Fund, managed by NRI investor Purnendu Chatterjee’s TCG Real Estate and US-based Vornado Realty Trust, is in the final stages of investing Rs 270 crore in two residential developments in national capital region and Mumbai, said a person familiar with the fund’s plans. The fund will invest Rs 150 crore and Rs 120 [...]

Tata Housing Honoured at the CNBC Awaaz Crisil CREDAI Real Estate Award 2011

Posted: 05 May 2011 08:11 PM PDT

TATA Housing Development Co. Ltd., India’s leading real estate company, was honored with CNBC Awaaz Crisil CREDAI Real Estate Award 2011 for Integrated Sub Urban Developer at the 11th National Conference of Confederation of Real Estate Developer’s Association of India in Singapore. The award was handed over by the Minister for Urban Development, Mr Kamal [...]

Akshay Tritiya May add Some Sparkle to Realty action

Posted: 05 May 2011 06:47 PM PDT

The real estate market , over the last three years, has taught everyone a lesson. Unlike gold, which witnesses record sales during Akshay Tritiya, the property market has different dynamics, wherein the stakes are much higher. It is often a question of investing one’s hardearned , lifetime savings. Does this mean that Akshay Tritiya has [...]
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NuWire Investor Weekly 5/5/2011

 
NuWire Weekly
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May 5, 2011
Featured Articles
Foreclosure
The Federal Deposit Insurance Corp. says that many mortgage servicers have "lax foreclosure documentation, ineffective controls... read more
Washington D.C.
Washington, D.C. has become a favored target for institutional investors, including sovereign wealth funds, pension funds, real estate...read more
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US Credit
US Credit Rating Cut Would Mean Higher Interest Rates When Standard & Poor's lowered its outlook on the United States' long-term credit rating from stable to negative, it was seen as a warning. .. read more
Colombia
House prices in Colombia rose strongly in 2010, boosted by a peaceful transition to a new president, and generally bright economic prospects ...read more
Small Business
After a flat March, roughly 60,000 jobs were created in April by businesses with fewer than 20 employees, according to Intuit's...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

CREDAI Condemns 50 bps Hike in Repo&Reverse Repo Rate by RBI

Posted: 04 May 2011 08:42 PM PDT

Commenting on the monetary policy 2011-12 by RBI, Pradeep Jain, chairman, Parsvnath Developers Ltd and chairman, Confederation of Real Estate Developers' Association of India (CREDAI), said, "The 50 bps hike in Repo Rate and Reverse Repo Rate by RBI bringing them to 7.25 per cent and 6.25 per cent respectively is harsh. This will intensify [...]

Kolkata Based Developer ‘Eden Group’ Plans 7-8 New Projects at an Investment of Rs 250cr

Posted: 04 May 2011 06:43 PM PDT

Eden Group, one of the leading real estate developers from Kolkata, is planning to launch 7-8 new projects within the next one year with a total developable area of over 1 million square feet. All these projects will be launched in and around Kolkata with a total investment of Rs 250 crore, including the land [...]

Govt Approves FDI Proposals worth Rs1027cr

Posted: 04 May 2011 06:42 PM PDT

The government today said it has cleared 21 foreign direct investment (FDI) proposals amounting to Rs 1,027 crore, including those of ACB India and Oriental Tollways. A total of 47 FDI proposals were taken up by the Foreign Investment Promotion Board (FIPB), but the board deferred decisions on 17 applications and rejected nine, the Finance [...]
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