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  • Real estate tops PE chart in February


    March 26, 2012

    The second month of 2012 saw $922.7 million of private equity (PE) investments in Indian companies across 51 deals, 58% higher than the investments of $583.8 million across 24 deals in the same month last year.

  • ITeS, banking sectors to drive office space demand in ’12

    Shubhra Tandon, Mumbai, The Financial Express

    March 26, 2012

    Continued growth in expansion plans of companies in the information technology enabled services (ITeS) and banking, financial services and insurance (BFSI) sectors is driving the demand for office space in India in 2012, real estate consultants say.

  • Minimum 2 percent hike in property rates as excise, service tax go up

    Business Standard, New Delhi

    March 19, 2012

    Property prices will rise by a minimum of 2% immediately due to the hike in excise duty and service tax in the Budget, National Real Estate Development Council today said.

  • Government permits ECBs for affordable housing projects

    The Financial Express, New Delhi

    March 16, 2012

    The government today allowed external commercial borrowings (ECBs) for low-cost affordable housing projects, to make available additional houses for the low-income groups in major cities and towns.

  • Infra sector one of thrust areas in budget

    The Financial Express, New Delhi

    March 16, 2012

    The infrastructure sector was one of the thrust areas in the Budget, as Finance Minister Pranab Mukherjee announced a slew of proposals, including allowing financial institutions to raise about Rs 60,000 crore from tax-free bonds and envisaging a greater private participation.

  • Economic survey: housing sector’s share in gdp of india to rise to 6%

    The Economic Times, New Delhi

    March 15, 2012

    The share of housing sector to the overall GDP (gross domestic product) is likely to rise by one per cent to 6 per cent on increased investment.

  • Land acquisition bill will push up prices five times: CII chief

    The Hindu Business Line, Chennai

    March 08, 2012

    The President of Confederation of Indian Industry (CII), Mr B. Muthuraman, on Thursday said that the Land Acquisition, Rehabilitation and Resettlement Bill, 2011, would cause a five-fold increase in land prices to the industry.

  • Bengal SEZs face uncertainty as state govt rethinks nod

    Indronil Roychowdhury, Kolkata, The Financial Express

    March 01, 2012

    High-profile special economic zones, like those of Wipro, Unitech Hitech and others, are likely to face uncertainty as the West Bengal government has decided to revisit the approvals granted to them.