Category Archives: Newsletter

As soon as it was announced that as per the directive of representatives of the Reserve Bank of India, there would be a reduction of the repo rate by 25 basic points, several developers shared their optimism about this measure …

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As per an interview which was published in Money Control, Ashok Tyagi, CFO – DLF has confirmed that the realty giant plans to launch a number of projects in the New Gurgaon Region as well as Phase V of the …

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As per Rajiv Rin Yojna up to 5% interest subsidy will be set aside for affordable housing loan. This scheme is anticipated to get approval by February end. Interest subsidy of 5% has been decided for housing loan of Rs. …

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The Haryana Revenue and Disaster Management Department issued guidelines regarding purchase and sale of property in unofficial colonies. As mentioned by an official spokesperson, “ Orders of Punjab and Haryana High Court dated November 1, 2012, passed in a Civil …

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Following the footsteps of Dlf, real Estate giant, GOL Offshore, an offshore oilfield service, plans to redeem as much as Rs 200 Crore Foreign Currency Convertible Bonds (FCCBs). The latter are due in April 2013.   As per a media …

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As per a representative of Lodha Group, the developer has received nearly 1300 applications from prospective investors for its project Blue Moon. As per an official statement by the representative, “We sold over 1,300 applications for the Blue Moon residential …

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Year 2012 closed leaving positive expectations for Indian real estate in 2013. Below inflation rate than projected and growth of Index of Industrial Production (IIP) gave new hopes for the current year.   Last year was not as profitable for …

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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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On 20 January, the Noida Extension Flat Owners and Members’ Association (NEFOMA) held a meeting to discuss their concerns regarding the lack of regulation in the real estate sector. The association demands quick implementation of the Uttar Padesh (Promotion of …

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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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