Category Archives: Mumbai

IIFL Realty, invested Rs. 75 Cr. out of a total fund of Rs 700 Cr. from IIFL Domestic Series 1 for a developmental project of plots in Faridabad to be developed by Assotech Ltd.   Furthermore, as reported by Deal …

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In the last quarter of 2012, Indiabulls Real Estate Limited has done really well with a total sales of Rs 1201 Crores.   Times of India have quoted some figures with respect to the company’s sales. While its Profit After …

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The proposed Navi Mumbai International Airport at Kopra-Panvel area has made Panvel, Kharghar, Ulwe and Kalamboli some of the most promising property investment destinations in Navi Mumbai. The new airport will be located on National Highway 4B near Panvel, which …

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As per Economic Times, the Indiareit Fund Advisors, Piramal Enterprises’ real estate private equity branch plans to invest as much as Rs. 250 Crore in two projects in the next month.   Khushru Jijina, Managing Partner, informed the press that …

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According to the Confederation of Real Estate Developers Association of India (CREDAI) housing policy of India should be improved for real estate development in the country.   President of CREDAI said that strong housing policy will play a vital role …

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In order to guard interest of home buyers from covetousness of real estate developers, the state and central government proposes new realty laws. Doubting the success of the new rules, consumer activists comment that existing laws are good enough to …

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The government proposed a Real Estate Regulatory Authority Bill that compels builders to sell the property on the bases of carpet area instead of using some ambiguous terms such as  “super built-up” area. The bill is likely to be launched …

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Property buyers now don’t need to visit registration offices to get property documents and to get hard copies of transactions. They can now save their precious time with free downloading of property registration documents.   First of its kind of …

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India Ratings revised realty sector outlook to negative-to-stable for 2013 from negative in 2012. On Wednesday India Ratings & Research announced that signs of stability are noticed. Demand is still muted with low EBITDA margins, causing weak credit metrics for …

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Mumbai real estate industry announced first price cut after holding on to high prices for four years. Some of the top builders have cut prices by around Rs, 2,250 to Rs. 5,000 while some have introduced flexible pricing policy for …

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