Pune : RetirementsParadise Turns into IT Vibrant
The great Maratha king Shivaji's mother Jijau never thought that Pune would create a huge impact on the world when she was establishing the city. Once upon time Pune had been called Oxford of India.
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Conversion of single screen theatres into multiplexes
Marketing and PR M a n a g e r , DesignArch Infrastructure(P) Ltd In India, all top-slot entertainment companies are keen on revamping single screen theatres into a multiplex. The research gives the f |
Property Matter Q&A
Q : We were allotted a shop cum godown in APMC, Sector-19, Vashi, by APMC by way of sublease in the name of our partnership firm at that time. Subsequently, the partners retired from this firm and the |
ECHOES - Union Budget
With Budget 2009 concluded and with little respite given to the real estate sector, we ask how it may affect the sector in the future? Dharmesh Jain, CMD, Nirmal Lifestyles There were quite a few |
Implementation of Acts meant for Construction Workers
Under the Building and Other Construction Workers (Regulation of Employment and Conditions of Service) Act, 1996 and the Building and Other Construction Workers Welfare Cess Act, 1996, the States have |
Impact of recession on Indian workers abroad
Indian Missions in the Gulf Countries in Saudi Arabia, Oman, Kuwait, Bahrain and Qatar have informed that there has been no report of any large scale adverse impact on Indian workers because of global |
MCHI announces INDIA REALTY EXPO 2009 in London
Encouraged by the overwhelming response to the recent property exhibition held in Dubai, Maharashtra Chamber of Housing Industry (MCHI) has announced `India Realty Expo 2009' to be held in London on 2 |
Environmental Clearance to SEZ
The Environmental Impact Assessment Notification of September 2006 stipulates a time limit of 60 days for conveying the Terms of Reference to the applicant and a time limit of 105 days, after of the r |
Burning Issues of Valuation
Institution of Valuers Mumbai Branch, organised one day seminar on "Burning Issues of Valuation in the Present Sce th at Hotel Rodas Powai, on nario" 13 June 2009, under the chairmanship of Shri. Har |
Sobha Developers to raise Rs 5.27 bn via QIP
A real estate developer, Sobha Developers will raise Rs 5.27 billion through a qualified institutional placement (QIP).
Sobha Developers said its board has approved issuing around 25 million shares |
DLF to raise Rs 3-5 bn via stake sale
DLF, real estate giant is planning to raise Rs 3-5 billion by selling its stake in a joint venture (JV) with Mumbaibased realtor Akruti City for a commercial project in Andheri. DLF was the major |
Real estate giant IREO to invest $500 mn in India
Global real estate giant IREO will pump in $500 million in various infrastructure projects in India over a period of seven years, the company said. IREO, which has invested $1.5 billion in India, is a |
Orbit Corporation to raise additional long term funds
Orbit Corporation announced that its members at the extra ordinary general meeting (EGM) held on July 09, 2009, have unanimously approved the plan to raise additional long term funds through further i |
Omaxe`s arm inks MoU with Allahabad Development Authority
Omaxe, a real estate development company in India said that Pancham Realcon, a subsidiary of the company has entered into memorandum of understanding on July 09, 2009 with Allahabad Development Author |
LIC Housing Finance slashes home loan rates
LIC Housing Finance today announced a reduction in interest rates for its existing home loan borrowers consequent to a reduction in its cost of funds and improvement in operational efficiencies. The f |
Current Affairs - Institutional Funding to Commercial Real Estate Relaxed
RBI issues revised draft norms on commercial real estate exposures The Reserve Bank of India (RBI) has come out with revised draft guidelines on Commercial Real Estate (CRE) exposures.
The revi |
Current Affairs - Institutional Funding to Commercial Real Estate Relaxed
RBI issues revised draft norms on commercial real estate exposures The Reserve Bank of India (RBI) has come out with revised draft guidelines on Commercial Real Estate (CRE) exposures.
The revi |
MUMBAI
The month of July started with a slow note. Last two r months, the demand for resi- s dential segment were high. l The rates were also recorded c a 10% increase from last six c months. But a |
PUNE
The market is reviving. The rates are not falling and stagnated at the affordable level. Premium properties still cost 50% more. Outskirts of the city is witnessing a great demand which is in affordab |
AHMEDABAD
The city is now expanding and speculators are going in for panic sale of their stocks. Residential lease is on the rise. The rates are stagnated and likely to fall further. Commercial complexes are de |
CHENNAI
The city is gearing for a long inning. The rates are stagnated but their are marginal increments witnessed in premium segments. The rates are likely to go up by 10% in near future. Commercial lease is |
BANGALORE
The market is confused.
The rates are not falling but the demand for affordable homes is increasing. Sale in residential segments are up in volumes after discounting. No new projects on offer. Old |
DELHI
Panic in residential segments after investors are facing competition from builder itself. Two rates in the same projects is reducing the price level of residential segment. Commercial lease is also fa |
ACCOMMODATION TIMES - Editorial - Man made Miracle: Bandra-Worli Sea Link
In 1962 a Wilbur Smith study first recommended the sea link from Bandra to Nariman Point. The Central Road Research Institute and Mumbai Metropolitan Development Authority also recommended a sea link |
Govt may invest Rs 1 lakh crore on road projects
The government plans to invest Rs 1,00,000 crore to build 12,000 kilometres of national highways in 2009-10 and would opt for both the equity and debt routes to raise funds for this, Road Transport an |
Union Budget 2009 ignores realty
Tt he total housing require ment in India is estimated o be approximately 27 million units. Affordable housing is consequently the need of the hour. Provisions such as Section 80IB of the Income Tax c |
Integrated textile parks
Under the Scheme for Integrated Textiles Park (SITP), thirty nine (39) textile park projects have been approved so far. This information was given by the Minister of State for Textiles, Smt. Panabaaka |
