Real Estate News, Real Estate in India

'No impact of Dubai crisis on Indian realty market'

A majority of big real estate developers in India said they are insulated from the financial crisis in Dubai and it will not have any impact in the country's property market.

Trident 70% ready, to reopen by March

Security persons at the main gate of Trident hotel, Mumbai, have a busily tough time what with the steady stream of guests and visitors checking in.

Govt to do away with lock-in period for FDI in realty

The government proposes to do away with the lock-in period for foreign direct investment in the real estate sector that has witnessed a slowdown in demand following the global financial crisis.

Maha: Property registration to be at flat 1%

Revenue Minister Narayan Rane lifted a stay on an earlier order of the government.

'Some of upcoming real estate IPOs may falter'

A couple of real estate IPOs may falter from around 15 lined up over the next few months.

Realty firms on hiring spree again

Improved market conditions and better end-buyer sentiments are finally ensuring a hiring spree for top builders across metros. Real estate players have started hiring across-the-board, from top-level executives, including, CEOs and COOs to middle-level executives in execution and sales departments.

DLF to launch affordable homes

The country's largest realty firm, DLF said it plans to launch affordable homes with a new brand and cut its debt by half to Rs 6,200 crore.

DLF profit crumbles 77%

The country’s largest real estate developer, DLF, on Thursday registered a 77.28% decline in net profits at Rs 439.74 crore for the second quarter ended September 30, 2009. The company had posted a net profit of Rs 1,935.35 crore in the corresponding period of the previous year.

DLF back on hiring ways

Buoyed by the recovery in the real estate sector, realty giant DLF today said it will hire people to sustain growth of the company.

Realty demand up 15% in Q2

The real estate sector saw a growth in demand of 15% in the second quarter of financial year 2009-10, after slowing down to 10% during the first quarter of 2009-10.

Landlord can evict a tenant for 'own' biz: SC

Supreme Court has ruled that if a landlord has a bonafide need of his rented premises for starting a new business and is able to prove his claim convincingly, he can't be denied the privilege.

Parsvnath aims Rs 5,300 cr revenue

The company plans to cut down its debt to Rs 800-900 crore by March next year from the exiting Rs 1,420 crore.

GIC to disburse Rs 750 crore housing finance

GIC Housing Finance Ltd was targetting disbursal of Rs 750 crore housing loans this year.

L&T gets orders worth Rs 1,513 crore

Larsen & Toubro said on Tuesday that its construction division had won orders worth $320 million.

Govt launches interest subsidy scheme for low-cost homes

Aimed at promoting low-cost housing, the government launched interest rate subsidy scheme that could help a home loan borrower save up to Rs 10,000 in EMIs.

Sahara realty arm files IPO prospectus, to raise Rs 3,450 cr

Sahara Prime City filed the draft prospectus with the market regulator SEBI for its initial public offer to raise up to Rs 3,450 crore.

Emaar MGF files IPO prospectus

Emaar MGF filed its draft prospectus for the second time with SEBI to raise up to Rs 3,850 cr.

Omaxe to invest Rs 1,500 cr in four projects

The company would launch the projects in Faridabad, Indore, Allahabad and Chandigarh within the next two months and it has already acquired the land.

DLF gets 100 cr from Delhi flats bookings

DLF has mopped up a huge booking amount from 2nd phase of its latest housing project.

Hilton Worldwide launches new corporate identity

Hilton Worldwide (formerly Hilton Hotels Corporation), the leading global hospitality company, today announced the launch of its new corporate name and logo.

Tata Housing launches affordable initiative 'New Haven'

Tata Housing Development Company announced the launch of 'New Haven', an initiative in the affordable housing segment.

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