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  • Real estate sector likely to revive in 2013: Experts

    Financial Chronicle, Mumbai

    December 24, 2012

    After a long lull, the year 2013 is expected to bring back hopes of growth to the real estate sector, mainly due to the government's positive approach towards reforms and moderation of interest rates, experts say.

  • RBI allows $1 Bn Ecb for promoting low cost housing

    The Financial Express, Mumbai

    December 17, 2012

    The Reserve Bank today allowed real estate developers and housing finance companies to raise up to USD 1 billion through external commercial borrowings (ECBs) in the current fiscal to promote low cost housing projects.

  • Hot spots for residential realty

    The Indian Express, Anshumali Ruparel

    December 15, 2012

    Several cities are seeing high growth turning them into the next investment destination for residential realty. Even as various studies point to their emergence, an investor would do well to carry out proper due diligence

  • Finance Ministry pushes RBI to give infrastructure status to housing sector & ease provisioning norms

    The Economic Times, Dheeraj Tiwari & Ravi Teja Sharma, New Delhi

    December 11, 2012

    The finance ministry has asked the Reserve Bank to consider giving infrastructure status to the housing sector, and relax provisioning norms for it so banks can extend attractive loans to buyers.

  • Realty majors announce Rs 8,000 crore investments on projects

    The Financial Express, New Delhi

    December 07, 2012

    Signalling bounce back of the real estate sector after a prolonged slowdown, developers including Supertech and Ansal API, today announced investments of nearly Rs 8,000 crore on projects over the next four years.

  • Huge scope for realtors in higher education sector: survey

    The Economic Times, Mumbai

    December 03, 2012

    Lack of physical infrastructure in the education sector, which has become a key focus area for the government, provides huge opportunities for real estate players, says a survey.

  • Luxury hotel chain W to check into mumbai

    The Financial Express, Diana Ningthoujam, Singapore

    December 01, 2012

    Mumbai will be soon home to India's first W hotel, the luxury boutique hotel brand of Starwood Hotels and Resorts Worldwide.

  • Office space demand set to revive, may grow 21 percent in ’13

    Financial Chronicle, Jharna Mazumdar, Mumbai

    November 26, 2012

    Office space demand is expected witness an year-on-year increase of 21 per cent to 38 million sq ft in the calendar year 2013, mainly driven by demand from information technology (IT and IteS), banking, financial services and insurance (BFSI) sector.

  • India still a key realty market for pe funds, says CB Richard Ellis

    The Economic Times, New Delhi

    November 23, 2012

    India continues to be a key real estate market for private equity funds and foreign investors despite the global economic slowdown, a top executive of property advisory firm CB Richard Ellis-Asia Pacific has said.

  • Finance Minister asks banks to bail out builders

    The Economic Times, Sangita Mehta, Mumbai

    November 22, 2012

    Finance Minister P Chidambaram has asked banks to lend a helping hand to builders, particularly those involved in construction of residential properties, in order to revive faltering economic growth.

  • Khan market in New Delhi, Mumbai’s linking road among most expensive retail locations

    The Financial Express, Mumbai

    November 20, 2012

    Khan Market in New Delhi retained its position as the most expensive retail location in India, followed by Mumbai’s Linking Road, real estate consultants Cushman & Wakefield said in a report.

  • Despite plunging sales, demand for luxe homes booming

    Financial Chronicle, Mumbai

    November 19, 2012

    Driven by new offerings, greater influx of NRIs and changing lifestyles, the demand for luxury and ultra-luxury homes with a price-tag in the range of Rs 1-20 crore, or even more in some cases, is again making a comeback in metros, according to a report.

  • South chennai among country’s realty hot-spots

    The Hindu Business Line, Chennai

    November 17, 2012

    Two reports by different international property consultants point to the continued dominance of South Chennai as a hub for residential development. A report by Knight Frank India identifies two localities in the southern part of the city as ideal residential investment option with high appreciation likely in the coming years.

  • India to emerge as second most competitive economy

    The Hindu Business Line, New Delhi

    November 16, 2012

    India is likely to emerge as the second most competitive economy in the world after China in terms of manufacturing in the next five years, says a report.

  • PE players tweak investment strategy for real estate

    Business Standard, Neha Pandey Deoras & Yogini Joglekar, New Delhi

    October 25, 2012

    Jones Lang Lasalle's latest release, Finding Real Value in a Course Correction, highlights how Private Equity players have made a sustained change to their investment strategy and developers have modified their development mechanics to ensure value creation for their investors and partners during uncertain times. The report also looks at the changing roles that banks and the government could play leading to better asset creation.

  • Now, developers turn to luxury projects

    The Hindu Business Line, Bindu D Menon, New Delhi

    October 25, 2012

    An 81-storey building in the midst of a golf course, a luxury tower named after F1 racer Michael Schumacher, or Disney inspired interiors. Whatever is your pick this festival season, developers are ready to cater to it at a price.

  • Housing prices to see correction soon, says NHB

    The Financial Express, New Delhi

    October 13, 2012

    Some correction in housing prices is likely on account of the rising number of unsold units, RV Verma, CMD, National Housing Bank (NHB), said on Friday. He added that NHB could incentivise the process through reduced refinance rates.

  • FinMin, RBI all set to open ECB window for affordable housing

    The Hindu Business Line, Shishir Sinha, New Delhi

    October 09, 2012

    The affordable housing segment is all set to get boost as the Finance Ministry and the Reserve Bank of India are to announce final guidelines for external commercial borrowing (ECB) very soon.

  • Additional housing demand likely to be 2.1 million units in 5 years: cushman & wakefield

    The Economic Times, Kailash Babar, Mumbai

    October 03, 2012

    Major Indian cities are estimated to see additional demand for housing around 2.1 million units in the next five years and more than 50% of this will be in the mid-income segment, property consultant Cushman & Wakefield said in a report.

  • Government may relax lending norms for cash-strapped reality sector

    The Economic Times, New Delhi

    October 01, 2012

    The Finance Ministry is considering a proposal to relax funding norms for the realty sector so that good housing projects are not starved of funds

  • Mumbai's prime office rates continue to rise

    The Economic Times, Ramesh Nair

    September 26, 2012

    With overall vacancy increasing and business and investor sentiment low, why are office rents in many micro markets in Mumbai still increasing?

  • Eco booster continues: package for realty soon

    The Times of India, Sidhartha, New Delhi

    September 24, 2012

    The government is readying a package to boost real estate activity by easing lending and provisioning norms for banks as part of a strategy to prop up the sector that provides significant employment in the country after developers expressed their inability to cut prices to increase demand.

  • IHG to open 150 hotels in india

    The Financial Express

    September 19, 2012

    Global hospitality major InterContinental Hotels Group (IHG) today said it plans to open 150 hotels across India by 2020 as part of its expansion strategy here.

  • Bangalore luxury homes market worth a billion dollars : JLL

    The Economic Times, Sobia Khan, Bangalore

    September 17, 2012

    Bangalore's luxury residential market has seen a major transformation in the recent past, with the Kingfisher Tower setting new capital values benchmark of Rs 30,000 per sq.ft in the super luxury category, says Jones Lang LaSalle India.

  • FDI in multi-brand retail to boost mall space demand : realtors

    The Financial Express, New Delhi

    September 14, 2012

    The government's decision to operationalise FDI in multi-brand retail would help the real estate sector as the move would create demand for retail space and boost mall development in the country, realty developers and property consultants said.

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