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India Real Estate News
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This section of the website provides latest real estate news in India and latest happenings in the Indian real estate market. Some of the latest real estate news in India are listed below. You can click on the news title to view it in detail. If you would like to submit the news in our real estate directory, then you are most welcome to do so from your member control panel.
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Bankers Warn Realtors Against Raising Property Prices
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Published: July 17, 2009 | Author: Administrator | Source: Indian Realty News |
Leading bankers cautioned real estate developers against increasing residential prices, saying that any such movement at this point in time would halt recovery in the market. Mr Deepak Parekh, Chairman, HDFC, said that the real estate market had just begun correcting itself and it would be extremely... |
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Developers In India Increasing Prices
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Published: July 17, 2009 | Author: Administrator | Source: 9 July 2009 - Propertybytes.com |
Realtors in India are not offering discounts anymore on properties and in some cases are even increasing prices as demand rises. Rising sales are also stimulating some developers to return to the luxury end of the real estate market which had stalled in the economic meltdown. "Prices are likely to i... |
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DLF Sells Its Stake In Akruti City Joint Venture
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Published: July 17, 2009 | Author: Administrator | Source: Google |
Realty major, DLF has sold its stake in a 50:50 joint venture with Mumbai-based Akruti City to a US-based real estate fund for over Rs 200 crore, two senior executives at DLF said. The JV firm is developing two office buildings spread over nine million sq ft at Andheri, Mumbai. These two buildings a... |
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India Property Expo In Dubai Successful
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Published: June 16, 2009 | Author: Administrator | Source: Indian Realty News |
The 12th India Realty Expo 2009 held in Dubai saw 106 flats worth Rs 65.33 crore being booked, a senior real estate industry official said. "106 flats worth Rs 65.33 crore were booked (during the expo)," Maharashtra Chamber of Housing Industry (MCHI), CEO, Zubin Mehta, said in a press release issued... |
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India The Most Attractive Nation For Global Retailers
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Published: June 16, 2009 | Author: Administrator | Source: Indian Realty News - June 16, 2009 |
Providing good growth potential for global retailers amid the economic slowdown, India has emerged as the most alluring market for investment in the retail sector, surpassing the likes of China, Russia and the United Arab Emirates. India has been ranked as the most attractive nation for retail inves... |
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DLF Allowed To Withdraw Four SEZs
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Published: June 12, 2009 | Author: Administrator | Source: 2 June 2009 - Rediff News |
Real estate major, DLF received an in-principle approval from the government to withdraw four of its IT, ITES special economic zones. The realty major did not want to build these SEZs in the face of slowdown in the real estate business. However, the board of approval in the commerce ministry asked t... |
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Economic Meltdown Forces Raheja To Give Up SEZs
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Published: June 12, 2009 | Author: Administrator | Source: 2 June 2009 - Indian Realty News |
Special Economic Zones (SEZs) were the flavor of the season till last year. But the downturn in the global economy has forced some developers to surrender their SEZs One such developer is, Raheja Universal, that has requested the ministry of commerce and industry to denotify its 50-acre IT/ITES SEZ ... |
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Homes For Senior Citizens - New Mantra Of Realtors
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Published: June 12, 2009 | Author: Administrator | Source: 3 June 2009 - Rediff.com |
The impact of the current economic slowdown has forced realtors to look out for newer avenues for realty development and they are now targeting senior citizens. This sector is currently untapped and the Realtors consider it as a safe option for liquidity. In the last two to three years, a few projec... |
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RE/MAX Enters Indian Real Estate Market
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Published: June 5, 2009 | Author: Administrator | Source: Indian Realty News - June 4, 2009 |
RE/MAX, the world's largest real estate franchising network entered India on the shoulders of Mr. Samir Chopra on 19th January 2009. RE/MAX India has signed its first regional franchisee at Chennai. Ace realty owner, Mr. V.S. Raman has become the regional owner for Chennai. With this initiative, RE/... |
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Parsavnath Bags Delhi Metro Residential Project
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Published: June 5, 2009 | Author: Administrator | Source: Indian Realty News - June 4, 2009 |
Parsvanath Developers (PDL), one of India’s leading real estate company has bagged a Rs 20 crore contract from Delhi Metro Rail Corporation (DMRC) for construction of a residential project at Mundka Depot for phase II of Delhi MRTS project. The project involves construction of 130 flats which will... |
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