1. Recent Articles

    1. Puravankara Projects lays off 100+ civil engineers

      Property Samachar (Nov 20 2008) View all 2 articles » Explore Article

      Completion and near completion of major big projects of Puravankara and lack of market response (due to which no new projects planned) are being quoted as the reasons for laying off over 100+ civil engineers. Earlier DLF and Omaxe had ... (Read Full Article)

      Residential Real Estate Prices to go down by 5 to 10% - Property Samachar  

      Comment on Article Mentions:   Omaxe

    2. Realty Market Recovery Hinges on Lower Rates

      India Properties (Nov 20 2008) Explore Article

      Recovery in the Indian property market in the next six months hinges on lower home-loan rates to entice first- time buyers. “Mortgage rates in India are at 12 percent to 13 percent, about twice what they are in China. That ... (Read Full Article)

      Comment on Article Mentions:   India   Keki Mistry   Rajiv Singh

    3. DLF requests Haryana to refund license fees

      India Real Estate (Nov 20 2008) Explore Article

      DLF requests Haryana to refund license fees In a bid to seemingly boost its cash reserves, DLF, India’s largest real estate company, has requested the Haryana government to refund license fees worth Rs 235 crore for various commercial and residential ... (Read Full Article)

      Comment on Article Mentions:   Gurgaon   India   Haryana

    4. Collapsing Real Estate Fortunes

      India Properties (Nov 20 2008) View all 2 articles » Explore Article

      Investors pounced on shares of Chinese property developer Soho last year after founders Zhang Xin and Pan Shiyi publicly listed the company. The value of the husband-and-wife team’s stake soared to $3.8 billion. Zhang said it was “probably a perfect ... (Read Full Article)

      Real Estate Companies Badly Hit by Global Crisis - India Properties  

      Comment on Article Mentions:   India   China

    5. TDI comes up with an EMI Scheme

      India Real Estate (Nov 19 2008) Explore Article

      TDI comes up with an EMI Scheme TDI Infrastructure Limited (TDIL), one of India’s leading real estate developers, today launched a special scheme for the customers who wish to invest in its lifestyle apartments - ‘Kingsbury Terraces’. This one of ... (Read Full Article)

      Comment on Article Mentions:   Kamal Taneja   India

    6. Frasers Hospitality signs First Three Properties in India

      India Real Estate (Nov 20 2008) View all 2 articles » Explore Article

      Frasers Hospitality signs First Three Properties in India Frasers Hospitality has signed contracts to manage its first three properties in India. June 2009 will see the opening of Fraser Residence Beverly Park, Bangalore, owned by the Skyline Group and managed ... (Read Full Article)

      Atria to expand in India - India Real Estate  

      Comment on Article Mentions:   Australia   India   Bangalore

    7. Zuri brand of hotels in India

      India Real Estate (Oct 22 2008) Explore Article

      Zuri brand of hotels in India Phoenix Group Global, a promoter of luxury resorts, on Tuesday announced the launch of its own brand of Zuri luxurious hotels and resorts in India. The first five-star hotel will open at Whitefield in ... (Read Full Article)

      Comment on Article Mentions:   India   Whitefield   Visakhapatnam

    8. Real Estate Prices should Drop More

      India Properties (Nov 17 2008) Explore Article

      Property prices in India need to decline further before demand picks up, said Adi Godrej, who heads the Godrej group of companies that has interests in property, consumer goods, and electrical and office equipment. There has already been a correction ... (Read Full Article)

      Comment on Article Mentions:   India   Ludhiana   New Delhi

    9. RBI makes recast of realty loans tougher

      India Real Estate (Nov 20 2008) View all 8 articles » Explore Article

      RBI makes recast of realty loans tougher India’s struggling real estate sector is set to come under further pressure in the coming weeks as the Reserve Bank of India (RBI) has made it tougher for banks to ‘restructure’ loans, forcing ... (Read Full Article)

      Realty Sector- Banks to be more ‘considerate’ - India Properties  
      Save money by shifting home loan to public sector banks - India Real Estate  

      Comment on Article Mentions:   Unitech   Reserve Bank of India   Bank of India

    10. Asia Pacific realty market rolling under slump

      India Real Estate (21 hours, 28 min ago) View all 3 articles » Explore Article

      Asia Pacific realty market rolling under slump The Asia Pacific property market is witnessing major impact from global economic turmoil, with vacancy rates rising and office space leasing declining, according to global realty consultant Jones Lang LaSalle. “In Asia Pacific, ... (Read Full Article)

      Slowdown Affects The Demand For IT Space In India - Realty Digest  
      Realty Market Hit By Financial Crisis - Realty Digest  

      Comment on Article Mentions:   Jones Lang LaSalle   Sydney   Singapore

    11. Unitech repays Rs 200-crore loan to Indiabulls Financial

      India Real Estate (Nov 18 2008) View all 2 articles » Explore Article

      Unitech repays Rs 200-crore loan to Indiabulls Financial Unitech repays Rs 200-crore loan to Indiabulls Financial Real estate player Unitech has managed to raise around Rs 200 crore through partial monetisation of assets and internal debt restructuring within the group ... (Read Full Article)

      Delhi office on block - India Properties  

      Comment on Article Mentions:   New Delhi   Gurgaon   Gagan Banga

    12. Realty cos fight shy of price cuts

      India Real Estate (21 hours, 30 min ago) View all 3 articles » Explore Article

      Realty cos fight shy of price cuts Real estate companies seem little inclined to listen to the government’s call to reduce prices. Even as realty firms such as DLF, Parsvnath and Emaar MGF demand rollback of taxes, they are reluctant ... (Read Full Article)

      Parsvnath's Festive Sales Down By Half - Realty Digest  
      Parsvnath says festival sales down by half - India Real Estate  

      Comment on Article Mentions:   Mr Gupta   Shravan Gupta   Pradeep Jain

    13. Sun Group & Barwa Real Estate JV

      India Properties (Nov 17 2008) View all 2 articles » Explore Article

      The Sun Group, a private firm that raises funds, and Qatar’s Barwa Real Estate have established a 50-50 joint venture company targeting Indian real estate. The Sun-Barwa Land Partnership will buy and develop land banks in high growth corridors in ... (Read Full Article)

      Barwa enters Indian real estate market - India Real Estate  

      Comment on Article Mentions:   India   Qatar   Nand Khemka

    14. Real Estate Firms Look At Diaspora

      India Real Estate (Nov 17 2008) Explore Article

      Real Estate Firms Look At Diaspora In these times of economic slowdown, Indian companies, especially real estate firms, are looking at diaspora in the Middle East for investment. The government kick-started a series of “investment meets” last week in Muscat ... (Read Full Article)

      Comment on Article Mentions:   India   Abu Dhabi   Bahrain

    15. Credai asks Members to Lower Prices

      India Properties (Nov 18 2008) View all 7 articles » Explore Article

      Real estate developers in India should lower prices given the general slowdown in the economy, the Confederation of Real Estate Developers’ Associations of India (CREDAI) has said. “Some developers across the country have already reduced prices, CREDAI now requests all ... (Read Full Article)

      Naresh Naik head of Indian real estate unit - India Properties  
      Castlewood’s to Invest in India - India Properties  

      Comment on Article Mentions:   India

  2. Recent Articles

  3. Recent Articles

  4. Quotes

    1. “ It is a welcome step and clearly shows that the interest rate regime is now on a decent curve. ”
    2. “ The global economic slowdown has started to show early signs of impact on the office rental market. Going forward, this is expected to keep office rentals under check. ”
    3. “ Our second demand is that banks restructure the debt they give to builders and lower the rate of interest. ”
    4. “ We want the government to instruct banks to take proactive measures to create liquidity in the market. We also want the government to do away with taxes it has imposed on developers for building residential properties. ”
      By Lalit Kumar Jain
    5. “ Our main demand is that affordable housing should be withdrawn from section 80 IB (10) and moved to section 80 IA. The government has to make houses less than 1,500 sq ft in area tax-free. Even the stamp duty should be waived for affordable housing projects. ”
      By Rohtas Goel

  5. Popular Articles

    1. Asia Pacific realty market rolling under slump

      (21 hours, 28 min ago) Explore Article

      Asia Pacific realty market rolling under slump The Asia Pacific property market is witnessing major impact from global economic turmoil, with vacancy rates rising and office space leasing declining, according to global realty consultant Jones Lang LaSalle. “In Asia Pacific, the financial market turmoil is starting to significantly affect the occupancy market for major financial office centres. Net leasing activity has been negative and vacancy rates have been on the ... (Read Full Article)

      Comment on Article Mentions:   Jones Lang LaSalle   Sydney   Singapore

    2. Collapsing Real Estate Fortunes

      (Nov 20 2008) Explore Article

      Investors pounced on shares of Chinese property developer Soho last year after founders Zhang Xin and Pan Shiyi publicly listed the company. The value of the husband-and-wife team’s stake soared to $3.8 billion. Zhang said it was “probably a perfect moment.” A year of credit crisis later, it’s more of a perfect storm. Company shares plummeted [...] (Read Full Article)

      Comment on Article Mentions:   India   China

    3. Realty cos fight shy of price cuts

      (21 hours, 30 min ago) Explore Article

      Realty cos fight shy of price cuts Real estate companies seem little inclined to listen to the government’s call to reduce prices. Even as realty firms such as DLF, Parsvnath and Emaar MGF demand rollback of taxes, they are reluctant to commit any price cut. An association of developers, Confederation of Real Estate Developers Association of India (Credai), has asked member developers to reduce prices, but no one seems willing ... (Read Full Article)

      Comment on Article Mentions:   Mr Gupta   Shravan Gupta   Pradeep Jain

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