Saturday 21 November '09
Infrastructure development drives real-estate development in every city. Its benefits include public facilities, safety, accessibility...Saturday 14 November '09
Acting in concert, developers allow brokers to corner most of the apartments in their projects. End users pay the price of this artificial scarcity by having to purchase apartments at inflated prices....Saturday
7 November '09In an unusual trend, the Union government, through the petroleum ministry, has recommended an employee of a rival firm to head the marketing department of GAIL India Ltd....Saturday
7 November '09Developers complain that the draft Bill on real estate regulation will lead to overregulation and cost escalation of properties, which will be borne by home buyers. Is there any substance to their arguments or are they merely crying wolf?Saturday
10 October '09Assotech Limited has shifted its focus from the luxury to the affordable segment. It would inspire greater confidence if it also hands over possession fast in the projects that have missed their deadlines....Saturday
3 October '09Delhi-based businessman Sunil Jain was promised an orchard along with the house he bought from Ansal Housing and Construction Ltd (AHCL).Saturday
26 September '09The Vatika Group’s housing projects get delayed as it shifts focus to more lucrative hospitality sector, with an eye on the Commonwealth GamesSaturday
19 September '09After being bailed out by the DDA, Emaar MGF has resumed its landmark project, the Commonwealth Games Village. But its other projects are still lagging. In fact, the builder has failed to complete a single housing project till now ....Saturday
12 September '09The promoters’ penchant for biting off more than they could chew has left Parsvnath Developers in a quagmire of debt. Shares have been pledged, bringing down promoters’ equity stakes....Saturday
5 September '09Stuck deep in financial problems, BSE-listed developer Omaxe has scrapped several projects while a number of them have been delayed by at least two years, causing distress to a large number of people who had booked flats in these projects....Saturday
29 August '09Many of DLF’s residential projects have got delayed, inviting the ire of buyers. The market leader is as guilty as several other real estate players of over-extending itself during the real estate boom and then failing to meet its commitments....Saturday
22 August '09Since April this year, Unitech has sold over 6,000 residential units amounting to 4.5 million sq ft even as many of its older projects...Saturday
15 August '09Even though the real estate sector is yet to gain adequate momentum, based only on a mild pick up in sales, a few developers have hiked rates.Saturday
8 August '09With a budget of just Rs 25 lakh, Pardeep Kumar, a journalist working in Mumbai, found it difficult to buy a flat in the city. After waiting...Saturday
1 August '09While wrapping up the debate on the annual Budget, finance minister Pranab Mukherjee announced concessions aimed at boosting demand in the downturn-hit realty sector.Saturday
25 July '09Price and design can tempt you to buy a house in suburbs, but make sure the area has adequate infrastructure. With a large number of needy and greedy buyers, developers manage to book houses even on the under-developed fringes....Saturday
18 July '09As the government resolves to rid India of slums within five years, it must focus on better implementation and faster delivery...Saturday
11 July '09In the past few months, sluggish demand and tight liquidity conditions have played havoc with the real estate sector.Saturday
11 July '09The Capital is set to undergo a complete makeover by next year when the Commonwealth Games come...Saturday
4 July '09On the eve of the Union Budget, expectations are running high.Saturday
27 June '09With the looming June 30 deadline, property owners in Delhi are scrambling to submit property tax and obtain the 15 per cent...Saturday
20 June '09In 2006, Anjali Ghorpade booked a flat with Nishiland Construction in Vashi, Navi Mumbai. She was impressed by the advertisement....Saturday
20 June '09All said and done, the government is already on the right track by considering the hiking of IT exemption available for interest payment on home loans to Rs 2.5 lakh a year.....Saturday
13 June '09In today’s scenario, when the global capital market is going through a crunch, raising...Saturday
13 June '09It might be the end of the liquidity crunch that crippled the real-estate sector, if one goes by the amount of institutional funds that have come in recently.
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