According to property research and analytics firm PropEquity, Home sales in Delhi-NCR and the Mumbai Metropolitan Region is down for about 50% for the month of January-March 2012. This happens due to economic problems and also with the high price of homes these days. There are some who could not anymore afford the cost of […]
Due to the implementation of minimum alternate tax and economic problems, the Ansal SEZ Projects have decided to surrender to the government its special economic zone in Gurgaon. This request of the SEZ project will be handed to the Board of Approval (BoA) and is schedule for thorough discussion on July 6. Some developers of […]
DLF Ltd which is a realty company had given up its entire stake in Adone Hotels and Hospitality Ltd with an amount of Rs 567 crore. This just means that the company is not attached anymore to the company. The Adone Hotels holds a lot of land parcels in the country. To name a few, […]
Chairman of Sahara India said that finally, their plans for real estate development got legal approvals. With this, they had launched 10 integrated township projects across Tier –II and – III cities in the country. The project would spread about over 900 acres. The company also had launched an affordable housing brand called Sahara Swapna […]
The National Housing Bank had received approval in establishing a mortgage guarantee company. This information was stated by a top bank official and he also included that they will raise Rs 120 crore of paid up capital in the next two weeks. The National Housing Bank will be assisted by two big companies which are […]
The Housing and Urban Development Corporation is planning to raise Rs 1,000 crore. The company is going to do this by offering tax free bonds to people. The main objective is this is to fund their business expansion programs. There are still other plans in order to get their goal but about half of it […]
A new cheaper deal in the realty sector has got the attention of a lot of people. The Vibgyor Group has launched affordable housing projects across India. These houses are priced at Rs 3 lakh. The cheap price doesn’t mean that the quality and design of the house was compromised since these houses still have […]
Gurgaon based realtor, Avalon group is planning to invest Rs.400 crore for four of its new projects comprising of 3000 apartments on the whole in Northern India. These projects will be covered in areas of Bhiwadi, Dharuhera and Vrindavan over a span of three years. There will be 800 units available at Dharuhera, one project […]
