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TDI earmarks Rs 500 crore to develop 53-acre housing project – Realty firm TDI

by Real Estate Delhi and NCR on February 12, 2010

TDI earmarks Rs 500 crore to develop 53-acre housing projectRealty firm TDI will invest over Rs 500 crore to develop a residential project at Kundli in Haryana over the next three years and is planning to raise funds through public issue….Read More...

Red Fort Cap to invest $1 billion in Indian real estate sector

Real estate private equity firm Red Fort Capital will invest up to $1 billion (around Rs 4,800 crore) in the next three years on various projects, including acquiring promoters’ stake in some major realty developers in India…. Read More...

Unitech to launch 13 new projects in 2-3 months

Real estate major Unitech plans to launch 12-13 new projects, most of them residential, in the next few months…. Read More...

BPTP promoters to dilute up to 25% stake in IPO

Realty firm BPTP said its promoters will dilute about 10-25 per cent stake through initial public offer to raise about Rs 1,500 crore for funding existing and future projects, and retiring debt…. Read More...

rp_profesional
‘Residential property prices may rise by 10%’

Residential property prices are likely to rise by up to 10 per cent in the next six months as demand has picked up, according to a realty consultant firm…. Read More...

Budget and Realty
CREDAI-NCR’s budget wish-list

There is an urgent need for a tax holiday to be declared to make affordable housing for low and medium income groups a reality…. Read More...

BPTP’s pre-budget wish list

Fiscal incentives for the development of real estate sector along with the liberal investment and policy reforms have brought it to the to the centre stage…. Read More...

Knight Frank India’s budget wish list

The real estate industry suffered a severe blow during the economic slowdown last year. However, it also created new opportunity in areas that were largely untapped until recently…. Read More...

Boost realty!

Real estate and housing are a critical part of the economy. It generates huge demand ranging from steel and cement, to consumer durable goods and sanitary ware, to electrical goods and other services in the construction industry. It is, therefore, regarded as a strong indicator of the economy. So it is important to bolster this sector by considering the following measures:… Read More...

The great expectation

Global economic meltdown had left the worldwide real estate sector in tatters. Nevertheless, the real estate sector in India is in the recovery mode aided by affordable housing, declining property prices, improved job market, lower interest rate, better liquidity situation and an overall improved economic scenario. However, the sector needs a budgetary push to be on the path of speedy and sustainable growth…. Read More...

Financial News
Cheaper home loans to old customers not feasible: IBA

Amid a debate over teaser rates, bankers are believed to have turned down the RBI’s suggestion to extend the cheaper home loans to existing customers saying that the move will impact their bottom lines…. Read More...

IIFCL to raise $1 billion to fund infra projects

Infrastructure financing company IIFCL will raise one billion (around Rs 4,600 crore) dollar in the next two fiscal years to fund power, road, port and airport projects….Read More...

Simplex Infra lines up Rs 200 capex crore for FY11

Infrastructure company Simplex Infrastructure has planned a capital expenditure of Rs 150-200 crore for the next fiscal…. Read More...

Regional News
‘Dahej SEZ may attract Rs 35K crore investment’

The Special Economic Zone (SEZ) at Dahej is expected to attract an investment of up to Rs 35,000 crore, its chief executive officer R J Shah has said…. Read More...

International News
Emaar posts Q4 profit

Emaar, the UAE’s largest real estate developer, was able to beat Q4 estimates as revenues from its malls and hotels business grew…. Read More...

Property Buzz
India needs Rs 361,000 crore investment in housing

The government said the country needs investment to the tune of Rs 3,61,000 crore to meet the shortage of nearly 25 million housing units…. Read More...

Govt developing projects worth Rs 2.24 lakh crore: FM

The government said as many as 450 infrastructure projects are being set up through public-private-partnership in the country at an estimated cost of Rs 2.24 lakh crore, reflecting improved environment for upgrading the core sector…. Read More...

States told to set up single point clearance for SEZs

The Centre on Thursday asked the State Governments to put in place a single point clearance system for speedy approvals of SEZs, as these tax-free zones are contributing significantly to the country’s exports…. Read More...


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