India needs real estate market indicator
source: Off Plan Property Exchange, Nov 22nd 2008
Trade bosses have called on the Indian government to develop a real estate market monitoring system to help keep the country in the financial pink.
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NRIs and PIOs can invest in real estate in India
source: The Economic Times, Nov 22nd 2008
Anon-resident Indian (NRI) and person of Indian origin (PIO) can acquire residential property in India. They can rent it out, transfer it, or sell it as well. They can take the rental income and their investments in the property out of the country , subje
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Indian developers increase pressure for real estate market help
source: off plan proprerty exchange, Nov 21st 2008
Indian developers are already switching to more mid-market schemes while pressing the government for a market capital injection, a research firm has said
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Research and Markets: CONFERENCE TALK: Real Estate - A Formidable Investment Tool Is On Sale Now
source: Market Watch, Nov 21st 2008
Research and Markets has announced the addition of the "CONFERENCE TALK: Real Estate - A Formidable Investment Tool" report to their offering
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Real estate body asks members to lower prices
source: Reuters India, Nov 21st 2008
Indian real estate developers should lower prices given the general slowdown in the economy, the Confederation of Real Estate Developers' Associations of India (CREDAI) has said
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Further price falls for India’s real estate market?
source: Off Plan Property Exchange, Nov 21st 2008
Indian property prices must fall further before transactions climb again, the head of a firm with investment property interests has claimed
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DLF's Singh Says Indian Property Recovery Hinges on Lower Rates
source: Bloom Berg, Nov 21st 2008
DLF Ltd., India's biggest real estate developer, said a recovery in the property market in the next six months hinges on lower home-loan rates to lure first- time buyers.
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India needs real estate market indicator
source: Off Plan Property Exchange, Nov 21st 2008
Trade bosses have called on the Indian government to develop a real estate market monitoring system to help keep the country in the financial pink.
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NRIs and PIOs can invest in real estate in India
source: The Economic Times, Nov 21st 2008
Anon-resident Indian (NRI) and person of Indian origin (PIO) can acquire residential property in India. They can rent it out, transfer it, or sell it as well. They can take the rental income and their investments in the property out of the country , subje
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Leading Indian Real Estate Developer recommends India as a key investment destination for GCC developers
source: zawya, Nov 20th 2008
Speaking about the extensive investment opportunity that Indian real estate offered developers from the GCC, Ms Yagnik said the trend in Indian real estate
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Real estate cos ask for home loan at 7%
source: The Times Of India, Nov 19th 2008
K.P.Singh chairmain of DLF Group said government should ensure that home loan is available at 7% to prop up demand in the sector
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Difficult to cut prices: India Inc
source: Business Line, Nov 19th 2008
India’s largest real estate company DLF also said that the decline in raw material costs (cement and steel) would bring down the realty prices.
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Kessel Grand Kundli-rising real estate star of Delhi (NCR) India
source: PR-Inside, Nov 19th 2008
KESSEL GRAND going to be a man made marvel is very strategically located just adjacent to the country's Highest Vehicular Density NATIONAL HIGHWAY NO.1
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Lower Interest Rates Key To Affordable Housing
source: Dubai City Guide, Nov 19th 2008
India’s Real Estate Developers Focusing On Mid-Income Housing Amid Calls For Liquidity & Finance At Lower rates
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Indian rate swaps ease on rate cut expectations
source: Reuters, Nov 18th 2008
Only lower rates can boost sentiment in sectors like auto and real estate
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RBI's signal - Contain crisis at Dalal Street
source: Economic Times, Nov 17th 2008
Thanks to the weekend measures, banks are likely to be less apprehensive in lending to real estate companies
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Banks to be more ‘considerate’ in lending to real estate sector
source: Business Line, Nov 17th 2008
Banks are expected to be more ‘considerate’ in lending to commercial real estate with the Reserve Bank of India removing the additional capital requirements for advances to this sector
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Real estate sector hopes to ride on cheaper loans
source: merinews, Nov 17th 2008
FINANCE MINISTER P Chidambaram on Saturday assured real estate developers that the government will impress upon banks to accelerate lending to realty
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Banks’ provisioning norms for realty, capital markets eased
source: Business Line, Nov 16th 2008
Mumbai, Nov. 15 In yet another set of measures to further boost liquidity and enhance credit flow, the Reserve Bank of India on Saturday eased prudential norms for banks’ exposure to sensitive sectors such as the capital market and commercial real estate.
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Rate cuts by PSU banks to boost realty demand again!
source: Economics Times, Nov 16th 2008
It may be a small step, but it has still brought some relief to the realty sector which has been going through tough times.With the latest move, home loans are set to become cheaper.
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RBI steps to spur growth in real estate
source: NDTV, Nov 16th 2008
After pumping in around Rs 2.80 lakh crore liquidity into the banking system, the Reserve Bank on Saturday announced a slew of measures to give a boost to the real estate sector, in addition to taking steps to arrest decline in forex reserves
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Investing in real estate good idea to hedge against inflation
source: Economic Times, Nov 15th 2008
Benefits of investment in real estate
Real estate investment helps in diversification, yield enhancement and hedging inflation. If you have enough endurance to withstand the current interest rate turbulence , it may be the right time to invest in your
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FM assures more loans for realty
source: The Times of India, Nov 14th 2008
Finance minister P Chidambaram assured real estate developers that government will impress upon banks to accelerate lending to realty,
which is facing one of the worst slowdown in the recent times. A delegation of builders under the Confederation of Re
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Unitech puts Delhi office on block
source: The Economic Times, Nov 13th 2008
India’s second-largest property firm Unitech has put on the block its 2-lakh sq ft office at upmarket Saket in New Delhi. Market buzz
suggests Unitech is in talks with HDFC to sell the property.
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Real estate project in Ghaziabad
source: The Statesman, Nov 13th 2008
Saviour Group, a company dealing in land acquisition and consolidation, has said it will soon launch an eco-friendly real estate project named Greenisle on Expressway (NH-24), Ghaziabad. The project, to be spread over six acres, promises to be India’s bes
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From boom to bust
source: Business Today, Nov 13th 2008
“In a year or two, investors will no longer be pushing up prices of stocks in sectors like real estate or telecom or financial services or infrastructure. Sure, they’re all industries whose prospects are bright over the long term. But there’s a limit to j
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Barwa, Sun tie up to explore Indian real estate market
source: Gulf Times, Nov 12th 2008
BARWA Real Estate and Sun, a leading investor and private equity fund manager in India and other emerging markets, have entered into a joint venture agreement to explore the Indian real estate market.
Barwa chairman and managing director Ghanim bin Saad
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Real estate sector seeks ‘stimulus package’
source: The Hindu Business line, Nov 12th 2008
The real estate sector has petitioned the Government to ease foreign direct investment and external commercial borrowing norms and formulate a policy for rescheduling of term or construction loans to facilitate the roll-over of existing debt.
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Research and Markets: India's Construction Sector Contributed About 8.5% to the Country's GDP in FY 08 According to New Research
source: Market Watch, Nov 12th 2008
Construction is an essential part of any country's infrastructure and industrial development. Construction industry, with its backward and forward linkages with various other industries like cement, steel bricks etc., catalyses employment generation in th
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Trikona Group Announces Appointment Of Brijesh Kumar as Independent Director to Panthera Developers
source: Market Watch, Nov 12th 2008
Trikona Group, which contributes to India's growth in a socially aware manner by creating new asset classes around real estate and infrastructure, today announced that Brijesh Kumar, a 36-year industry veteran, has been named Independent Director of Panth
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Lack of funds delaying realty projects in India: CBRE
source: Livemint, Nov 12th 2008
Real estate projects in India are getting delayed due to paucity of funds, even as developers struggle to cope with decline in sales volume across residential, office and retail verticals, CB Richard Ellis (CBRE) said in its latest report.
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Realty blues hit foreign hotel majors' India plans
source: The Economic Times, Nov 11th 2008
International hotel chains like Hilton, Accor, Carlson and Starwood are concerned about the viability of their India plans. Many of these
hotel chains have tied up with real estate developers like DLF, Emaar MGF, Unitech and Parsvanath to set up five-s
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Beaten down sectors lead the market rally
source: The Times Of India, Nov 11th 2008
Stocks in sectors such as real estate, power, metal, banks etc — which had lost whopping 70-90% during Jan-Oct period this year — are
leading the recovery at the markets. The beaten down sectors have gained 30-55% in a span of just 11 days as both smal
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REITS could help discipline Indian real estate market
source: Off Plan Property Exchange, Nov 11th 2008
Indian trade experts are calling for the introduction of real estate investment trusts (REITs) to attract institutional property investment firms.
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In India real estate gets unreal
source: Rediff, Nov 11th 2008
Someone please help me here. How is it that the country's top realtors who could not have, in their wildest dreams, hoped for formal audiences with the country's economic decision-makers even a few years ago are walking in and out demanding, among other t
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Slowdown impacts liquidity profiles
source: Express Buzz, Nov 10th 2008
The current slowdown in the domestic real estate market, prompted largely by a slowing economy, elevated property prices and high interest rates, has adversely impacted the liquidity profiles of real estate companies.
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Real estate firms have hope: easy credit on the way
source: Indian Express, Nov 10th 2008
The Government is considering a two-pronged strategy to pull the real estate sector from its current morass and credit crunch. The strategy essentially revolves around reducing the risk element for banks in lending to the sector, where many foresee a slum
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Parsvnath Puts Retail Plans On Hold
source: Kamcity, Nov 10th 2008
Real-estate major Parsvnath Developers has announced that it is freezing its plans to enter India’s retail sector, due to the global economic slowdown. The company added that it is studying market conditions, and will decide on its retail plans after re-e
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Cash-strapped realty cos look for alternative funds
source: The Economic Times, Nov 9th 2008
A severe cash crunch and tight lending by banks have been forcing developers to look for alternate finance options. With traditional sources of financing such as lending by banks, pre-selling, listing at foreign equity markets, and IPO drying up, realty p
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Real estate cos try to find a balance in their a/c sheets
source: The Economic Times, Nov 9th 2008
The blood bath in the real estate sector is now clearly getting reflected in the balance sheet of leading developers. The recent results
of major real estate companies have revealed that bottomlines have indeed been hit badly. While DLF’s earnings in Q
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Indian real estate price can fall 60 to 70% from current levels in the next five years
source: India Daily, Nov 9th 2008
The real estate sector in India may have seen its best time for the next several decades. The real estate markets now heads downward, as people cannot make their mortgage payments.
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Freebies like Mercedes, BMW failing to push house sales
source: Thaindian News, Nov 9th 2008
Even freebies like Mercedes, BMW and gold medallions are failing to lure home buyers this season, resulting in a 50 percent dip in purchases in both premium and mid segments, with experts predicting distress sales in six months.The high cost of home loans
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Should banks lend more in current scenario?
source: Livemint, Nov 8th 2008
It’s true that the real estate sector is having trouble getting funds. But loan outstandings to the real estate sector went up by 11.7% in the three months between 23 May 2008 and 29 August 2008.
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Real estate business may stay in downward spiral, feel experts
source: Gulf Times, Nov 7th 2008
India’s realty industry is facing its worst crisis in recent years with profits of most listed companies taking a hit after riding on the boom of the last few years, a boom fired by an appetite for new investment avenues for the rich and middle classes al
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Castlewood’s India foray
source: Express Estates, Nov 7th 2008
Castlewood Investment Properties, one of the largest real estate developers in Europe and the US, has joined hands with Home Place International and their exclusive Indian associate, Company Land Solutions (India), for their India foray. They recently sho
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India needs strong policy as US subprime sins come home to roost
source: The economics Times, Nov 6th 2008
The Indian housing finance sector is now an integral part of the country’s financial system. Any significant development in the policy zone affects the mortgage finance segment as much as any other segment. And in some manner, more than the other sectors,
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RPT-India moves to stop illegal land sale in Goa
source: Reuters, Nov 6th 2008
India is clamping down on foreigners illegally buying property in the country, including the coastal state of Goa, where residents complain land mafia are helping Westerners overrun their culturally distinct state.
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Real Estates: Booming industry in India
source: Best Syndication, Nov 6th 2008
Real estate sector is the booming sector in Indian economy. It promotes the infrastructural development and Foreign Direct Investment (FDI) in the country.
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Will PLR cut be of much help for real estate developers?
source: Moneycontrol, Nov 6th 2008
Most public sector banks have cut their benchmark prime lending rates (PLR) by upto 75 bps. One fraternity cheering the prime lending rate (PLR) rate cut is the real estate developers, but the question is will this be enough to bail out the bleeding secto
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‘Realty market to see mismatch in demand-supply’
source: DNA, Nov 5th 2008
The slowdown will distinguish the men from the boys in India’s realty space. The largely unorganised sector is going to see smaller players bite the dust according to Kumar Gera, chairman, Confederation of Real Estate Developers’ Associations of India (Cr
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Govt banks tune in to FM, agree to cut rates
source: Livemint, Nov 5th 2008
Loans for companies and individuals are set to become cheaper with public sector banks promising to cut interest rates by up to 75 basis points after a meeting with finance minister P. Chidambaram
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Gulf buyers to boost Indian real estate market
source: Off Plan Property Exchange, Nov 5th 2008
India’s property investment market could get a major boost from Gulf-based buyers at an upcoming homes exhibition.
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Market regulator sees no problem with FMP investment strategies
source: Indian Express, Nov 4th 2008
Though the real estate sector got the roughest treatment in the market turmoil, the market regulator does not think there is any inherent problem with the sector.
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Rising cost of funds hits real estate cos
source: The Economic Times, Nov 4th 2008
High cost of borrowing from alternative channels and soaring interest rates have had a major impact on the bottom lines of real estate firms.
The interest expense incurred by India’s leading property firms has shot up as high as 400% on year-on-year bas
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Capital won’t be a problem for realtors with strong foundation
source: The Economic Times, Nov 4th 2008
Fund-starved realtors may heave a sigh of relief. Banks, wary of lending to realty sector, are now considering loans to this sector on cas
e-to-case basis, especially for those facing genuine liquidity problems.
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Real Estate: Opening new vistas of progress
source: Best Syndication, Nov 4th 2008
With the recent advancements in economical conditions of the country and the favourable attitude of the government, the real estate in India is flourishing like never before. According to the recent figures, the realty sector is on its all time high and i
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Bank, realty stocks rise on hopes of interest rate cut
source: Livemint, Nov 4th 2008
Stocks of banks and real estate firms, sensitive to interest rate cycles by the nature of their business, staged a strong rally on Tuesday, in the hope that the low interest rate regime will help increase demand for loans and property.
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Expensive land buys put developers in a bind
source: Livemint, Nov 4th 2008
In November last year, Vijay Associates (Wadhwa) Developers acquired a plot of land in Mumbai’s new central business district, the Bandra Kurla Complex, for Rs821 crore, paying around Rs5.04 lakh a sq. m in what was then touted as the most expensive land
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Luxottica's Sunglass Hut Further Expands Its Global Footprint by Entering High-Potential Indian Retail Market in Partnership With DLF
source: Market Watch, Nov 4th 2008
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11-location plan by Indian investment property firm
source: Off Plan Property Exchange, Nov 4th 2008
A prestige real estate developer has announced an ambitious plan for India, which will see investment property spring up in eleven 11 by 2010.
Oakwood Worldwide unveiled a serviced apartments project for Bangalore and said it will offer other units in th
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'We will be selective on projects'
source: Business Standard, Nov 3rd 2008
The Indian construction sector has had its share of woes, which relate to the slowdown in India’s economic growth and infrastructure spending, and the high interest rates and tight liquidity conditions which are acting as impediments for new and ongoing p
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Industry welcomes rate cuts, real estate sector most pleased
source: The Financial Express, Nov 3rd 2008
The across-the-board rate cuts by the Reserve Bank of India (RBI) is widely expected to bring in more liquidity into the system by reducing the cost of borrowing for both corporates and retail consumers. The industry sees this as an extremely positive mov
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Realty companies look at alternative funding
source: Business Standard, Nov 3rd 2008
With banks reluctant to lend to the real estate sector, developers are looking at alternative instruments of funding such as lease discounting for completing ongoing projects, especially the commercial ones.
The sector, which has been hit by the global f
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India Gets Realty Check From Gulf Investors
source: Middle East Event, Nov 3rd 2008
Despite the current economic downturn, India’s real estate is said to be worth about $16 billion and is estimated to post annual growth rate of 30 per cent to reach $60 billion by 2010 according to research outfit ‘Çityscape Intelligence’.
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Indian new homes builder puts plans on hold
source: Off Plan Property Exchange, Nov 3rd 2008
A major Indian developer has suddenly put its real estate plans on hold due to a slowdown in the sector.
Nagarjuna Constructions made the announcement despite recently posting a 26 per cent rise in profits.
The company, which is involved in infrastr
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'Realty in india still underpriced'
source: The Economic Times, Nov 2nd 2008
The heat of the US meltdown has not spared Indian shores and the booming realty sector too is feeling its impact. But tough times makes you stronger. “The present turbulence will make the real estate grow strong and it will emerge stronger after this phas
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Cherry pick the dream home
source: The Economic Times, Nov 2nd 2008
The great Indian dream of owning a house could finally come true, thanks to the global financial turmoil and its impact on India’s underlying assets as well. Already, the real estate players have witnessed a severe liquidity crunch which is getting worse
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Pvt cos must focus On low-cost units
source: The Economic Times, Nov 2nd 2008
Despite the Indian real estate sector going through a rough patch, no government intervention is likely to come anytime soon. Urban development secretary M Ramachandran, however, said the Union government was ready to play the role of a facilitator for cr
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Look at diverse sources for funds
source: The Economic Times, Nov 2nd 2008
The cash-starved Indian real estate sector has to look for diverse sources of funding to overcome the capital crunch. The way forward could include tapping funds from international agencies and securitisation of prime performing assets, said panelists at
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Hit by slowdown, foreign developers look to India
source: The Times Of India, Nov 2nd 2008
As property prices tumbled all over the world, a Harrods Estates team flew into India from the UK a couple of weeks ago, hawking high-end wares. It was an interesting, almost ludicrous time to visit, but yet another sign that downturn or not, property dev
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Realty takes the reality bite
source: The Economic Times, Nov 2nd 2008
With Diwali having come and gone and no increase in sales in the real estate sector, it now seems certain that developers will be forced
to reduce prices at least in the residential segment. The biggest reason for concern for all real estate players is
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It’s time to Go for the dream house
source: The economic Times, Nov 2nd 2008
Real trouble? Not really! Although real estate developers acknowledge that there have been some bumps on India’s real estate ride, most of them feel this is “the best time to buy your dream house and you should go out to look for value deals”.
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Real estate in distress
source: The Financial Express, Nov 2nd 2008
The demon of impending economic doom refuses to die, and as tightened liquidity makes people put off larger purchases, the real estate sector is facing the worst attack because of high inflation and a severe liquidity crunch. The country’s growth estimate
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It's time to Go for the dream house
source: The Economic Times, Nov 2nd 2008
Real trouble? Not really! Although real estate developers acknowledge that there have been some bumps on India’s real estate ride, most of them feel this is “the best time to buy your dream house and you should go out to look for value deals”.
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They're building, but who's buying?
source: Bangkok Post, Nov 1st 2008
It could be the best of times for those wanting to buy a home in Indian cities as developers have started slashing prices to shore up sagging sales.Considered as the barometer of economic growth, the real estate sector has grown 30 to 35% during the past
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Realty Check: Fall season makes for strange bedfellows
source: The Economic Times, Nov 1st 2008
Extraordinary times make for interesting relationships. Thanks to the crisis in the real estate sector, India’s property pashas — so far known for their rivalry — seem to have realised that closing ranks could only help bolster business. At least, that’s
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Understatement in real-estate deals
source: The Hindu Business line, Nov 1st 2008
A chronic problem concerning taxation of gains in real-estate transactions relates to the understatement with regard to the valuation of properties. The Government has tried several ways to combat the menace of black money generated by such understatement
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Realty faces reality: 15-20% correction by Q1 2009
source: The Economic Times, Nov 1st 2008
The real estate bubble has finally burst! The sector that was in the limelight a year ago is simply coming apart. Severe cash crunch with bank loans drying up, sales plunging, demand falling and stock market crashing have compounded the worries for real e
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RBI to infuse liquidity, good for borrowers
source: The economic Times, Nov 1st 2008
The Reserve Bank of India (RBI) is in the headlines again. Home loan borrowers see a glimmer of hope in the latest RBI decision . ‘RBI cuts repo rate’ is the latest news making its rounds in the circles of homeowners. Is it premature to rejoice? Or has th
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Real estate sector in dire straits
source: The Economic Times, Nov 1st 2008
The real estate sector is in dire straits — the tight liquidity condition and the rise in interest rates have affected realty sector hard. Because of the RBI’s policy of discouraging banks in lending to real estate developers , the fund flow to the sector
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Registered deed must for gift of property
source: The Economic Times, Nov 1st 2008
A gift is a transfer of property without any element of consideration. The complete absence of monetary consideration is an important prerequisite. Where there is any equivalent of benefits, measured in terms of money, the transaction ceases to be a gift.
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Real estate prices drop 15pc in India
source: Gulf Daily News, Oct 31st 2008
Property prices in India's metropolitan cities have dropped by 10 per cent to 15pc, says an award-winning Indian builder.
This is the right time for people to invest in the real estate market in India, said Mumbai-based National Builders chairman and man
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DLF seeks lower home loan rates
source: DNA, Oct 31st 2008
Top DLF officials, including chairman Kushal Pal Singh and vice-chairman Rajiv Singh, on Thursday met finance ministry officials to press for a lowering of interest rates on housing loans to ease the liquidity squeeze in real estate.
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Recession blows: NRIs stay away from investment in realty sector
source: Indian Express, Oct 31st 2008
Another blow of the global meltdown has been felt by the already bleeding realty estate industry. Non-Resident Indians (NRIs) are avoiding coming home this year and not investing in property, something that brokers look forward to every year.
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Attention turns to India’s rental real estate market
source: Off Plan Property Exchange, Oct 31st 2008
Rental property investments are proving more popular in India as the country sees a slowdown in sales, according to experts.
Real estate companies say people have less money to spend on buying a house, leading many to look at lettings instead.
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Trikona accepts CCL nominations; resolves tiff
source: Livemint, Oct 31st 2008
Real estate fund Trikona Trinity Capital Plc (TTCP) fund has resolved a tiff with its activist shareholder, UK based hedge fund Carrousel Capital Ltd (CCL), by accepting two additional directors on its board nominated by CCL.
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Realty demand to remain robust in long-term
source: Sify, Oct 31st 2008
The top seven cities in India account for nearly 80 per cent of this pan-India demand with around 877 million sq. ft. The residential sector still remains the largest segment for the top cities with 60 per cent share, the commercial office segment coming
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Real estate slump may pull prices by 20%
source: The Economic Times, Oct 30th 2008
With a slump in the Indian real estate sector due to excessive credit crunch and demand slowdown, home buyers can expect a further correction in real estate prices in the range of 15-20% in next six months. There are several factors working against the In
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‘Consolidation is inevitable’
source: The Financial Express, Oct 30th 2008
The realty sector in India is going through challenging times. On the one hand, there are concerns about high inflation and interest rates. On the other hand, significant cash crunch and liquidity issues are affecting the industry as a whole. However, thi
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Pune to become 7th metro city in India : Assocham
source: Livemint, Oct 30th 2008
Pune will soon acquire the status of being a metropolitan city in India. According to an Assocham report on ‘The 7th emerging metro city in India’ it owes its upgradation to a fast development pace in the area of infrastructural facilities, friendly busin
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Nagarjuna Cons puts real estate projects on hold
source: Reuters, Oct 29th 2008
Nagarjuna Construction Co Ltd has clamped down on future real estate projects due to current slowdown in the sector and has tempered its capital expenditure plan for 2008/09, a top official said.
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Real estate developers comes together in times of crisis
source: Business Standard, Oct 29th 2008
Even as their companies have seen a massive erosion in market cap, the doyens of India’s private sector real estate developers – KP Singh of DLF and Ramesh Chandra of Unitech – recently met top UPA government functionaries seeking higher tax breaks on hou
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SundayET Real Estate Roundtable
source: The Economic Times, Oct 29th 2008
Dreams die hard. The current global meltdown has arguably cast a shadow over the economy and one of the worst-hit sectors is real estate. Struggling under depressed sentiments and falling prices during the last few months, the sector has seen a substantia
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India's sagging real estate shakes up London AIM
source: The Economic Times, Oct 28th 2008
India’s sagging real estate story has conveyed negative signals to the Alternative Investment Market(AIM) in London where at least five India-focused real estate funds are listed.
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Realty bites: Home buyers should wait for situation to unfold
source: The Economic Times, Oct 28th 2008
Many house hunters and house owners alike were watching the Reserve Bank of India (RBI) very closely last week. Many have anticipated that the central bank will signal softening of the interest rate regime, by slashing its key policy rates.
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Pedestrian friendly real estate development puts Hyderabad on podium
source: Off Plan Property Exchange, Oct 28th 2008
An Indian real estate developer has unveiled a project which is designed to separate cars and people and featuring limited edition investment opportunities. Radha Realty has taken the wraps off U31, a gated community project for the city of Hyderabad.
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Pvt equity deals in realty down to a trickle in Sept
source: The Hindu Business Line, Oct 28th 2008
Private equity (PE) deals in the real estate and infrastructure space grossed about $3 billion in value during the first nine months of 2008, over 9 per cent lower than the year-ago period.
Moreover, PE investors, who had been cherry-picking realty deal
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Unitech sees cash inflows via PE funds, divestment
source: Business Standard, Oct 28th 2008
Real estate major Unitech is expecting "significant" cash inflows over the next few weeks through private equity funding and divestment of stake in its telecom operations, Managing Director Sanjay Chandra said today.
"About Rs 1,200 crore of debt as well
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Realtors may need more collateral to raise funds
source: The Economic Times, Oct 27th 2008
Real estate companies, the darlings of the India’s capital and financial markets for the past two years, will continue to hog the limelight in the coming year as well, but for the wrong reasons.
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The worst is not yet over for real estate companies
source: The Financial Express, Oct 27th 2008
The BSE realty index has slipped by over 82% from its high a year ago. This is the biggest loss for any sector on the BSE in a year, and far eclipses the 56% fall of the BSE 200 index in the same period. That, in a nutshell, just says it all—the sector th
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Real estate developers likely to cut prices
source: Livemint, Oct 27th 2008
Indian real estate developers are expected to cut prices by 30% and more over the next three to six months. At a recent TiE-Indian Angel Network, summit in the capital, industry players including real estate developers, private equity players and real est
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Connecting the dots
source: The Hindu, Oct 26th 2008
The fallout of global financial turmoil is a potential bargain hunting opportunity in Indian real estate. The patient homebuyer may be able to avail cheaper property rate as well as lower interest loan going forward.
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Realty as long-term investment
source: The Hindu Business Line, Oct 26th 2008
Real-estate is a long-term investment and not a short-term speculative investment. People should get into the market, negotiate and make the deal... now! This was the unanimous message that developers at BuildUp 2008, organised by the Confederation of Ind
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Housing lacks sparkle this season
source: The Hindu Business Line, Oct 26th 2008
The global financial meltdown is expected to dampen the festive season sales of housing this Diwali and also hit Christmas sales, when NRI buying generally peaks.
Faced with bleak sales projections, some developers are wooing customers with promotional o
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Cracking under pressure
source: The Hindu Business Line, Oct 26th 2008
Developers and construction companies appear to be in the doldrums, and it will take more than the festival season to lift their spirits. With the overall slowdown, real estate companies and buyers looking for residential and office/commercial space are p
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Real estate stocks fall like nine pins
source: The Times Of India, Oct 26th 2008
Real estate stocks fell like nine pins on Friday as investors panicked and jettisoned their stocks at whatever price the markets gave them. Amidst free fall in the markets, stock prices of Unitech halved and settled at Rs 30.10 with a loss of 51.29%, unfo
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Buy a flat and get another flat, BMW, Merc free
source: Business Standard, Oct 26th 2008
Within months of charging the moon, Indian real estate firms are now offering buy-back of properties, free cars and even free apartments to tide over the current slump which has seen sales halve from the beginning of the year.
Mumbai-based Cosmos Group h
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Overseas firm to take Indian real estate investors abroad
source: The Economic Times, Oct 26th 2008
Real estate investors in India have reasons to be happy as very soon they can invest in properties abroad with the help of a consultant.
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Realty as long-term investment
source: Sify, Oct 26th 2008
Real-estate is a long-term investment and not a short-term speculative investment. People should get into the market, negotiate and make the deal... now! This was the unanimous message that developers at BuildUp 2008, organised by the Confederation of Ind
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Realty check for real estate developers
source: Livemint, Oct 26th 2008
As the Indian economy faces a liquidity crisis, banks remain wary of lending money to the real estate sector. The developers, facing deadline pressures for delivery of projects, are forced to tap private money lending sources. Consequently, they have been
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Unitech Blames `Criminal' Speculators For 50% One-Day Decline
source: Bloomberg, Oct 26th 2008
Unitech Ltd. Managing Director Sanjay Chandra blamed ``criminal'' speculators for the record 50 percent one-day plunge in the stock as India's second-largest real estate developer hasn't defaulted on loans.
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Overseas firm to take Indian real estate investors abroad
source: Thaindian News, Oct 26th 2008
Real estate investors in India have reasons to be happy as very soon they can invest in properties abroad with the help of a consultant. Castlewood Investment Properties, one of the largest real estate developers in Europe and the US, in partnership with
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Recession or recess of real estate market?
source: Merinews, Oct 26th 2008
Real estate market has taken a break and prices have halted at a point. Investors are not buying any property and playing safe to protect real estate money from going in the share market, which has resulted into the liquidity crunch in economy.
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Emami to exit from Real Estate Business
source: Top News, Oct 25th 2008
Emami Ltd, one of the fastest growing FMCG Company in India, is presently in the process of exiting from the real estate business by selling 100% stake of its wholly-owned subsidiary, Emami Realty Ltd.
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Global credit crisis takes its toll on India's real estate sector
source: Channel NewsAsia, Oct 25th 2008
October to November is traditionally the biggest shopping time in India. Real estate sales can go up to 60 per cent during this period.
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REITs offer better opportunities to investors
source: The Economic Times, Oct 24th 2008
The Indian real estate market has undergone palpable transformation in the last few years. This change has been led by rapidly rising demand for resi
dential, office, retail , hotels and now warehousing space. Also, India offers higher average rental yi
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Real estate facing the credit crunch
source: The Economic Times, Oct 24th 2008
By now, everyone knows that the financial crisis in the United States has hurt the sentiments of the global economy. Some economies have been affected deeply, while others are managing to cope with its effects. The real estate sector has been suffering fr
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S'pore PE buys into HDIL, Indiabulls arm
source: The Economic Times, Oct 23rd 2008
Orient Global, a Singapore-based private equity fund, has invested Rs 120 crore to buy stakes in HDIL and Indiabulls Real Estate (IRE) via th
e open market. This investment has come despite the uncertainty over the prospects of the construction and real
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Slowdown hits the real estate sector in Bangalore
source: Express Buzz, Oct 23rd 2008
The global financial crisis seems to have hit the realty business severely, especially in Bangalore. Uncertainty in the Indian equity market and speculation over property prices have put the developers in a grim situation. Over 450 flats on Bangalore’s ou
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Realtors’ novel strategy to woo flat buyers
source: The Hindu, Oct 23rd 2008
Given the current global economic slowdown and its impact on the Indian economy, real estate developers have hit upon novel marketing strategies to woo reluctant flat buyers.
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Realty submerged in liquidity woes
source: Indian Express, Oct 23rd 2008
Real estate and infrastructure projects will take a hit in the current liquidity crisis. Even when the Government has injected enough liquidity into the system, bankers are shying away from high-risk lending. According top PSU bank officials, lending will
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DAMAC No2 real estate brand in the region
source: CIOL, Oct 23rd 2008
DAMAC Properties Group, leadingluxury lifestyle provider - has secured its leading position among property developers across the GCC. DAMAC Properties is now rated as number two in the latest Gulf Real Estate Study by Future Brand, the US-based global bra
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India’s real estate market gets rate cut boost
source: Off Plan Property Exchange, Oct 23rd 2008
Property investment professionals with Indian interests could be breathing a collective sigh of relief after the government took steps to stabilise the financial system.
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Property prices could stabilise
source: The Times Of India, Oct 22nd 2008
A two-day real estate conference, Build Up 2008, which started in Bangalore on Tuesday, bore the grim realities of the global financial cr
isis and its impact on Indian real estate. Neither of the two major speakers — Union urban development minister S
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Indian property developers woo Gulf expats amid financial crisis
source: The Economic Times, Oct 22nd 2008
With property prices and rents spiralling in the Gulf and the rupee depreciating, Indian real estate developers are actively promoting their
products among expatriate Indians in the Gulf.
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Aliens Group bags green tag
source: Sify, Oct 22nd 2008
Aliens Group, a leading real estate company in India, has been awarded a Platinum Rating by Indian Green Building Council (IGBC) in the Residential Townships Category, which as per the company's claim, is the ''only Real Estate Company in Andhra Pradesh t
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Residential prices to fall by 30-35%: Centrum
source: The Economic Times, Oct 22nd 2008
India's residential prices will fall by 30-35 per cent form the peak, while prices in Mumbai Metropolitan Region will fall by 20-30 per cen
t, says Centrum Broking.
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Home prices may start falling in Jan-March
source: The economic Times, Oct 21st 2008
Potential home buyers who have been deferring their purchase decisions, may have to wait till April-May to get a good deal.
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SBI plans home-loan rate cut
source: Indian Express, Oct 21st 2008
Those aspiring to own a house of their own may have something to cheer about as one of the country’s largest home loan lenders State Bank of India (SBI) is on course to slash its housing loan interest rates by about 50 basis points before Diwali. Embolde
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Real-Estate Major Piyush Group Forays into Construction Business
source: Newswire Today, Oct 21st 2008
Piyush Group, a leading real-estate developer has announced the launch of its latest venture Piyush Developers Ltd; thus marking the foray of the company into construction business. Through this enterprise, Piyush Group will be addressing the real-estate
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Real estate: strong foundations quiver in market quake
source: The Financial Express, Oct 20th 2008
It has been a year of steep decline for the real estate sector in India. It remains one of the worst hit by the domestic credit squeeze and the global financial meltdown. To an extent, the problem is reflected on the BSE Realty Index, which is now down 82
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Indian Banks Tell Developers to Sell Properties, Times Says
source: Bloomberg, Oct 20th 2008
Indian banks and other lenders are telling developers to sell properties to prevent defaults on loans, the Economic Times reported, citing bankers it didn't identify.
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Markets offer early warning signals
source: Livemint, Oct 20th 2008
But it is increasingly becoming clear that the root of the problem is aggressive real estate lending and not the securitization of those loans and the trading of related instruments. J.R.Varma of the Indian Institute of Management, Ahmedabad points to an
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Indian real estate sector in recession mode
source: Merinews, Oct 20th 2008
THE DEVELOPMENT of real estate in India is attributed to the off-shoring and outsourcing businesses, such as high-end technology consultation, call centres and programming houses. The demand from the information technology sector has changed the urban lan
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Nano drives up land prices in Sanand
source: NDTV, Oct 20th 2008
The much talked about Nano project has found a new home in Gujarat, driving the land prices there to an all time high with a 200 per cent hike in just one fortnight.
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Build and Earn scheme from TDIL
source: The Economic Times, Oct 20th 2008
TDI Infrastructure Ltd (TDIL), one of India’s premier real estate developers, has announced a scheme for customers who wish to build their
homes by offering subsidized construction and assured rentals.
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Emaar posts lower net operating profits in till September
source: The Economic Times, Oct 19th 2008
The United Arab Emirates (UAE)-based real estate giant Emaar Properties, which has major interests in India, announced on Sunday that it has p
osted net operating profits of 12.52 billion dirhams ($3.408 billion) in the first nine months of 2008.
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Kotak, Sun-Apollo buy stakes in Janapriya projects
source: Livemint, Oct 19th 2008
At a time when equity and debt deals involving real estate companies are dwindling, realty-focused investment funds Kotak Realty Funds Group, or KRFG, and Sun-Apollo Ventures Llc. have bought stakes in two ventures of Janapriya Engineers Syndicate Ltd, a
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Metro Rail gets chugging
source: The Times Of India, Oct 19th 2008
CMRL has invited real estate firms with a minimum experience of five years in rendering real estate valuation in India, and Rs 50 crore as turnover. For the Rs 10,000-crore first phase of the project, CMRL is planning to acquire around 10 hectares of priv
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Vishakapatnam: Feeling the ripple effect
source: The Economic Times, Oct 19th 2008
Real estate prices in the country are witnessing a sharp drop with the US financial sector slowdown spilling over to the rest of the world.
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Right time to buy premium apartments
source: The economic Times, Oct 19th 2008
Premium apartments have been the rage in the last few years.
At the height of the real estate boom in 2006, developers were selling premium apartments of Rs 80 lakh to Rs 1 crore and above at values that were unheard of in the Indian market.
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Indian Real Estate Scenario in recession period of economy
source: American Chronicle, Oct 18th 2008
THE DEVELOPMENT of real estate in India is attributed to the off-shoring and outsourcing businesses, such as high-end technology consultation, call centres and programming houses.
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Real estate sector dynamics poised to change
source: The Economic Times, Oct 18th 2008
Much has been talked about the meltdown in US and how India will not be affected much. However in a scenario where the entire world is learning after having a bad fall, India has a chance to adopt different economic strategies without really paying so hea
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Fund crunch is hurting Indian realty
source: The Economic Times, Oct 18th 2008
Property markets across the globe have taken a beating. Sales have slowed, prices have corrected and funds have dried up. Anshul Jain, who recently took over as the India CEO of global property consultancy firm DTZ, says Indian real estate may see more pa
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L&T mulls realty MF
source: The Economic Times, Oct 17th 2008
L&T the country‘s largest engineering and construction conglomerate, is exploring the option of establishing a real estate mutual fund
(REMF) as part of a plan to expand its portfolio of financial services to the construction industry, a top official sa
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HDFC net profit up 32%, sees no slowdown in loan demand
source: Livemint, Oct 17th 2008
The country’s oldest mortgage lender Housing Development Finance Corp., or HDFC, on Friday reported a 32.42% rise in its net profit to Rs534.23 crore for the quarter to September, over that of the corresponding period a year ago, on higher interest income
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Mumbai real estate market stalls on world credit crisis
source: Off Plan Property Exchange, Oct 17th 2008
Hopes of recovery for Mumbai’s property investment market are stalling thanks to the world financial crisis, experts have said.
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Brigade Enterprises forays into Dubai realty market
source: Business Standard, Oct 17th 2008
Brigade Enterprises Limited, the Bangalore-based real estate developer, has opened its first international office in Dubai.
The office is located at Atrium Centre, Bank Street, Bur Dubai.
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MFs hold on till realty debt do them part
source: The Economic Times, Oct 16th 2008
At a time when investing in realty and real estate-related instruments is considered a taboo, a few fund houses — having debt portfolios — are seen holding on to their investments in debt securities issued by real estate companies. Fund houses like LIC Mu
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Reliance Infrastructure to go slow on realty projects
source: The Economic Times, Oct 16th 2008
Tight liquidity conditions have compelled Reliance Infrastructure, an Anil Dhirubhai Ambani Group (ADAG) company, to go slow on its real esta
te projects that were slated to get an investment of Rs 5,000 crore over the next five years. The company, howe
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Corner of Britain planned for Bhopal real estate market
source: Off Plan Property Exchange, Oct 16th 2008
An Indian property developer hopes to bring a feel of British sensibility to a project it is planning for Bhopal.
Aryavrat Housing Construction is to build British Park, a “luxurious colony” featuring premium residences and property investment opportun
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Realty firms to reduce home loan rates
source: Rupee Times, Oct 16th 2008
Real estate developers may soften the home loan rates for its consumers despite the fact that banks may be hesitant to reduce the lending rates even after the CRR cut.
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Omaxe Falls in Mumbai After Fitch Cuts Debt Rating
source: Bloomberg, Oct 15th 2008
Omaxe Ltd., the third-worst performer in the Bombay Stock Exchange's Realty Index this year, fell the most in three days as Fitch Ratings cut the company's debt rating and outlook on concern over its access to funding.
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Indian home buyers await price, mortgage cuts
source: Reuters, Oct 15th 2008
Real estate developers will need to cut prices sharply in the second half of the financial year to convert demand into actual sales, as potential buyers continue to wait on the sidelines, industry watchers say.
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Indian city to attracts business and real estate developments
source: Off Plan Property Exchange, Oct 14th 2008
A high-level report into the growth of an Indian city suggests it will go on attracting businesses and real estate buyers.
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Reality check as property market slumps in India - Feature
source: The Earth Times, Oct 14th 2008
With the global credit crisis leading to the worst slowdown in the Indian real estate market in recent times, agents and developers are hoping the festive season surrounding Diwali, the Hindu festival of lights, will drive away the gloom. Coming at the en
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Pinga Solution’s Web based REMS for Jaypee Greens Ltd
source: PRLog, Oct 14th 2008
Jaypee Greens, a outstanding Real Estate developer in India, decides to implement Pinga Solution’s web-based Real Estate Mgt. Solution “PingaTM e-Pages” for supervision its real estate projects. Pinga Solutions will provide its web-based Real Estate Manag
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Hafeez Contractor may offload 74% for $150 mn
source: The Economic Times, Oct 13th 2008
The earliest foreign investor in the domestic real estate sector, India Real Estate Opportunities (IREO) fund, is among the potential suitors that have had discussions with the architectural design firm, sources added. The firm has been in talks with pote
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Realty feels pinch of credit squeeze
source: The Times Of India, Oct 13th 2008
Builders say no one's buying or selling property nowadays. Property dealers talk about a sharp dip in queries for both residential homes and commercial property. And brokers claim to be unemployed for the past four months.
The situation is hardly
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Start investing in strong manufacturing and services cos
source: The Economic Times, Oct 13th 2008
At the beginning of this year, most investment banks in the US were operating with a leverage ratio in excess of nearly 35:1. Simply put, every dollar of equity (or net worth) was supporting 35 dollars worth of assets. In contrast, Indian banks seldom ope
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Realty players face moment of truth
source: The Economic Times, Oct 13th 2008
Property consultancy firm Cushman & Wakefield estimates that real estate activity in the current fiscal is not likely to be more than half of what it was in the previous year. “If market fears actually come true, we will see a number of small and medium r
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Falcon Announces Best-in-Class Green Real Estate Project
source: Market Watch, Oct 13th 2008
Falcon Realty Services Private Limited (FRSPL), a company actively involved in Land acquisition and Land consolidation in India for over two decades and a premier in green building thought process will be soon launching a top-notch real estate project nam
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Real estate developers see easing of home loan rates
source: The Hindu Business Line, Oct 13th 2008
While banks do not anticipate an immediate decrease in lending rates after the 150 basis-point cut in Cash Reserve Ratio by the Reserve Bank of India, real estate developers expect the measure to soften home loan rates for its consumers.
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Real Estate: Is this the right time to invest?
source: My Iris, Oct 13th 2008
Realty has seen a sharp slump and this has sent the world economy into a dizzying cycle, the question on everybody`s mind is – Is it time yet to invest in Real Estate? The simple rule across all investment markets is `Buy low; Sell high`, it holds good ev
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Hafeez Contractor may offload 74% for $150 mn
source: The Economic Times, Oct 13th 2008
Hafeez Contractor, involved with several landmark real estate developments, is looking at offloading a majority stake in his eponym
ous and India’s largest architectural design firm, sources said. The Mumbai-based architect is discussing the possibility
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Credit crunch builds tower of fear for realty
source: The Economic Times, Oct 12th 2008
NEW DELHI: Liquidity concerns are now tightening screws on real estate developers. With private equity deals drying up and their stocks hitting 52-week lows on Dalal Street, real estate developers are in a moment of fear, uncertainty and doubt.
Sunday
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What about Real B2B?
source: The Economic Times, Oct 12th 2008
If you are looking for prosperity then readjusting your mindset is vital. A positive mindset in this turbulent economic environment may be difficult to achieve but may be possible. What if the treasury bailout in the United States does not work? With high
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Financial meltdown hits realty space hard
source: NDTV Profit, Oct 12th 2008
India's funds-parched realty industry, already reeling under dropping sales, high interest rates and drying up of private equity sources, has to grapple now with credit squeeze wrought by an unexpected quarter: the global financial tsunami.
"This is a
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Financial crisis hits India’s funds-thirsty realty sector
source: Thaindian News, Oct 12th 2008
New Delhi, Oct 12 (IANS) India’s funds-parched realty industry, already reeling under dropping sales, high interest rates and drying up of private equity sources, has to grapple now with credit squeeze wrought by an unexpected quarter: the global financia
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India & US: More similar than different
source: The Economic Times, Oct 11th 2008
There are more similarities than differences between the US and Indian situation. Much of the euphoria during boom in respective markets spelt doom later on. During the real estate boom period spanning 2003 to 2007 in India and 2001 and 2005 in US, banks
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MCHI’s Property 2008 - Real estate exhibition in India
source: Moneycontrol.com, Oct 11th 2008
Homebuyers in Mumbai are in for a treat. Altogether 800 properties by over 85 real estate developers and 15 housing companies will be on display at MCHI Property 2008, the country’s biggest real estate expo at Bandra Kurla Complex. The 13th Real Estate
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US financial meltdown and India
source: The Economic Times, Oct 10th 2008
In the east-Asian case, there were dubious real estate purchases by “friends” of bankers and politicians. Hence the title of “crony capitalism”. The current crisis has a similar real counterpart — the crash in the market for real estate in the US.
All
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US financial meltdown and India
source: The Economic Times, Oct 10th 2008
In the east-Asian case, there were dubious real estate purchases by “friends” of bankers and politicians. Hence the title of “crony capitalism”. The current crisis has a similar real counterpart — the crash in the market for real estate in the US.
All
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StanChart gets tough with realtors
source: Hindustan Times, Oct 10th 2008
Real estate developers have taken the severest hit from the funds shortage banks are going through. DLF Ltd and Unitech Ltd, the country’s two of the largest real estate developers, have not been able to draw on loans sanctioned by their bankers.
Stand
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Impact of inflation on real estate, healthcare and technology
source: IndiaInfoline, Oct 10th 2008
It is too early to conclude that the recent dip in the WPI inflation is a positive trend. In fact, the central bank has indicated tighter regulatory measures while ruling out cuts in interest rates, in the near term
While the Indian markets recorded
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PE deals in realty space may lose steam
source: The Economic Times, Oct 9th 2008
“Given the volatility in the market, PE funds in general are not taking any decision on investments. We will be better placed to decide once the dust settles down on the market,” says the head of a domestic PE fund, which expects to invest a few hundred m
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Realty funds find sweet spot as financing becomes hard to get
source: Livemint.com, Oct 9th 2008
Mumbai: As funds from banks and capital markets become more difficult to access, property developers are increasingly looking towards real estate funds to carry their projects forward.
“Earlier, there was money chasing assets. Now, there are assets chas
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'Second homes wave' across the country
source: Sify, Oct 9th 2008
Strong economic growth has led to rising incomes, better availability of attractive home loan options, wide range of supply and growing aspirations. All these factors have made home buying an attractive proposition. In fact, in metropolitan cities, it is
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SRK Announces His Real Estate Project In UAE
source: Top News, Oct 9th 2008
The real estate project encompassing three million square feet will have one and two bedroom apartments, a studio, underwater discotheque, a public square on the beach and a theatre. It will be designed by a renowned architect, Toni Ashai.
The Bollywoo
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Dominoes: Europe first, India later
source: The Economic Times, Oct 8th 2008
Watching the US financial collapse, President Sarkozy and other Europeans have pilloried the Anglo-Saxon free-market model, claiming that the European model, with much heavier government regulation, is far superior.
But the financial crisis has now hi
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Global events, earnings key triggers in near-term: DSP ML
source: Moneycontrol.com, Oct 8th 2008
Jyotivardhan Jaipuria, Head of Research, DSP Merrill Lynch feels that the global events and earnings season are the key triggers in the near-term.
Commenting on RBI’s move on CRR cut, he said that it is partly influenced by loosening of the mone
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Gulf investors look to India, China
source: NDTV Profit, Oct 8th 2008
News FlashCoordinated action needed by western economiesSee 30% downside for markets from current levelsRBI needs to cut CRR rates: Shankar SharmaMarkets have not touched bottom yet: Shankar SharmaRupee to find its own 'appropriate level': FMMain problem
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Markets come off lows
source: NDTV Profit, Oct 8th 2008
News FlashCoordinated action needed by western economiesSee 30% downside for markets from current levelsRBI needs to cut CRR rates: Shankar SharmaMarkets have not touched bottom yet: Shankar SharmaRupee to find its own 'appropriate level': FMMain problem
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Indiabulls Real Estate Q2 Consolidated Net Profit Drops Despite Higher Revenues
source: RTT News, Oct 8th 2008
RTTNews) - Indiabulls Real Estate Ltd., one of the largest listed real estate companies in India, reported a dip in its consolidated net profit for the second-quarter ended September 30, 2008, despite an increase in revenue.
Consolidated Results
T
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Indiabulls Real Estate disappoints with Q2 results; stock drops 10%
source: Top News, Oct 8th 2008
Indiabulls Real Estate, one of the largest listed real estate companies in India, has announced a consolidated net profit of Rs 7.99 crore for the second quarter ended September 30, a 76.60% decline over the corresponding period a year-ago.
The company
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Nano will revive real estate sector: Developers, land brokers
source: The Economic Times, Oct 8th 2008
Sources in the industry said that land-sharks have started inquiring about the land prices in nearby areas where the Nano project plant is proposed to come up in a year's time. " The announcement that Tatas will now manufacture their Rs one-lakh car in Gu
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Survey says Mideast real estate to outperform other regions
source: Press Trust Of India, Oct 8th 2008
Dubai, Oct 8 (PTI) The real estate markets of the Middle East will outperform other regions over the next 12 years, most respondents surveyed in a study have said, with 20 per cent believing that Asia Pacific, driven by India and China will be the best pe
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PE firms face a realty check during market meltdown
source: The Economic Times, Oct 7th 2008
While there has been a dip in the total amount committed in the second quarter of 2008, the wait-and-watch strategy adopted by PE funds scouting for opportune partners will force Indian developers to re-work their valuations and construction timelines and
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PE firms may invest $300 mn in MetroCorp
source: Business Standard, Oct 7th 2008
At a time when the country’s real estate builders are reeling from a severe cash crunch, MetroCorp, a Bangalore-based realtor, is close to raising $300 million (about Rs 1,400 crore) from leading global financial institutions, including Prudential Corpora
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MCHI's Property 2008 - Largest ever real estate exhibition in India
source: IndiaPRwire, Oct 7th 2008
Homebuyers in Mumbai are in for a treat. Altogether 800 properties by over 85 real estate developers and 15 housing companies will be on display at MCHI Property 2008, the country’s biggest real estate expo at Bandra Kurla Complex. The 13th Real Estate an
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Gulf's, Indian real estate markets to be among best: Survey
source: The Economic Times, Oct 7th 2008
DUBAI: The real estate markets in the Middle East will outperform all other regions in the world while India and China will be the key drivers of the sector in the Asia-Pacific region, according to a new survey.
The 'Investor Survey Sentiment', conduc
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India still a land of property investment opportunity - survey
source: Off Plan Property Exchange.com, Oct 7th 2008
Indian real estate is still an attractive “hot potato” which remains a popular investment, a leading trade body has said.
A study by the Associated Chambers of Commerce and Industry of India (Assocham) shows three quarters of the country’s urban workin
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Market turmoil: Are your investments safe?
source: The Times Of India, Oct 6th 2008
The first question which comes to mind is whether my investments are safe? Certain investments carry risk as an inherent nature. Investments in stocks, real estate, equity mutual funds carry the risk of credit, where principal can also be eroded but if th
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