1. Recent Articles

    1. SMEs favour 100% FDI in single-brand retail: Survey

      Explore India Properties (5 hours, 2 min ago)

      Small and medium enterprises (SMEs) support 100 per cent foreign direct investment (FDI) in single-brand retail and speedier implementation of 51 per cent FDI in multi-brand retail, says a survey by Confederation of Indian Industry (CII). According to the survey, 52 per cent respondents hope for early implementation of the FDI in multi-brand retail with the required notification. Nearly 66.7 per cent see entry of MNC retailers as an opportunity, while around 21 per cent perceive it as a threat. Over 56 per cent of respondents are of the view that the Government’s decision of mandatory sourcing a minimum of ... (Read Full Article)

      Comment Mentions:   Confederation of Indian Industry   FDI   MNC

    2. India’s small and medium enterprises welcome 100% FDI in single-brand retail

      Explore India Properties (5 hours ago)

      NEW DELHI: Welcoming the government’s decision to allow 100 per cent foreign direct investment in single-brand retail, India’s small and medium enterprises (SMEs) say the mandatory 30 percent sourcing from micro and small industries will help them achieve higher growth. A Confederation of Indian Industry (CII) survey found that the SME industry, by and large, supported 100 per cent FDI in single-brand retail. “The government’s decision of mandatory sourcing of a minimum of 30 per cent from Indian micro and small industry will help SMEs to achieve higher growth in sales, size of the industry, capacity addition, increased orders, qualitative ... (Read Full Article)

      Comment Mentions:   India   FDI   MNC

    3. Suspension of FDI in retail just a pause: Sharma to global CEOs

      Explore India Properties (5 hours, 8 min ago)

      Suspension of FDI in retail just a pause: Sharma to global CEOs India today assured global CEOs that its reforms agenda is well on course and the decision to put on hold FDI in multi-brand retail is “just a pause”, forced by compulsions of coalition politics. A firm assurance in this regard was given by Commerce and Industry Minister Anand Sharma when he met top management functionaries of global retail chains Walmart and the Metro Group on the sidelines of the World Economic Forum meeting here. This is for the first time that senior management of the two retailers met ... (Read Full Article)

      Comment Mentions:   India   Commerce   Metro

    4. Funding woes to continue for the real estate sector: Care Ratings report

      Explore India Properties (5 hours, 1 minute ago)

      Funding woes to continue for the real estate sector: Care Ratings report MUMBAI: Funding woes for the real estate sector is likely to continue, due to dwindling alternate sources of funding and delays in project implementation, said a report released by Care Ratings “The credit outlook for the industry remains negative until the cash flows are streamlined.” the report said. The sector has been ridden with problems like slowing demand which is on dual grounds of rising EMI on rising interest rates and high level of inflation and the problem of delay in project implementation is also not helping. The ... (Read Full Article)

      Comment Mentions:   Mumbai   Nbfc

    5. Mumbai homes sales down 30% in Oct-Dec, at 3-year low

      View all 2 articles » Explore India Properties (5 hours ago)

      MUMBAI: Homes sales in Mumbai slipped over 30% in the quarter ended December from a year ago, making it the lowest in three years, says Liases Foras Real Estate Rating & Research. In this period, home prices have gone up 25% and interest rates too have headed north. “High prices are keeping buyers away in Mumbai. Weighted average prices have shot up 30% from the previous peak of Rs 8,100 per sq ft in June 2008, while it has moved up 97% from the bottom of Rs 5,353 a sq ft in June 2009,” said Pankaj Kapoor, managing director of ... (Read Full Article)

      Sale of residential plots at 2-yr low - India Properties   View article

      Comment Mentions:   Chennai   Bangalore   Delhi

    6. HUDA and TCP officials summoned by Lokayukta

      View all 2 articles » Explore India Properties (4 hours, 59 min ago)

      GURGAON: The Lokayukta has asked the town and country planning department and HUDA officials to appear on January 30 in the Chandigarh office of the Lokayukta and present their version on a Rs 1,70,000 crore scam. The Lokayukta’s action has been taken on the complaint of the Progressive Gurgaon Forum which alleges that the department has been involved in a fraud amounting to more than Rs 1,70,000 crore on the name of development. The Lokayukta has sent the notice to D P S Nangal, HUDA Chief Administrator; T C Gupta, director of Town and Country Planning; B B L Kaushik, ... (Read Full Article)

      UT Estate Office show-causes 4 in booth scam - India Properties   View article

      Comment Mentions:   Chandigarh   TOI   Huda

    7. Build Intec 2012 to focus on green building concept

      View all 2 articles » Explore India Properties (4 hours, 59 min ago)

      Coimbatore: The city will witness a massive congregation of world’s construction industries’ best brains between February 17 and 20 as sixth edition of Build Intec 2012, an international construction exposition, is schedules to be held at the Codissia Trade Fair Complex. Expected to draw more than 8000 visitors and showcase new and efficient constructive ideas, the thrust area of Build Intec 2012 would be ‘Green Building Concept’ said its Chairman, S Manivasakam. Being hosted by Coimbatore District Small Industries Association (CCODISSIA), around 200 exhibitors from Maharashtra, Tamil Nadu, Andhra Pradesh, Haryana, Kerala and Delhi and representations from the US and ... (Read Full Article)

      Providing affordable housing is a challenge for construction industry: Contractor - India Properties   View article

      Comment Mentions:   China   India   Germany

    8. Real estate gets a shot in the arm by pharma

      Explore India Properties (Jan 27 2012)

      Pharma companies may occupy only a fraction of the space that Indian IT companies do. Yet, as pharma booms, it promises to be the future growth star for real estate Soon after Manhattan-based American major Pfizer announced it was buying Madison-headquartered drug firm Wyeth for $68 billion, German giant Merck agreed to purchase rival Schering-Plough for $41.1 billion. This was 2009, a time when global pharma majors were trying to diversify their range of products to cope with the economic meltdown. It was also the beginning of a phenomenon that has played out fortuitously for Indian real estate companies. Roughly ... (Read Full Article)

      Comment Mentions:   Ahmedabad   India   Cushman & Wakefield

    9. Not only one, investors look to own second home

      Explore India Properties (Jan 27 2012)

      Investment in real estate has seen a change in investors’ mindset. Apart from owning a house, people are increasingly looking to buy a second property to earn some investment income out of the property. And, when it comes to buying a house purely from an investment point, choosing the right city or location becomes most important. “The focus should be on properties that have potential for assured rental yields and capital appreciation. This includes residential projects close to workplaces and industrial hubs,” says Om Ahuja, CEO – Residential Services, Jones Lang LaSalle India. METROS MUMBAI: Mumbai seems like a promising ... (Read Full Article)

      Comment Mentions:   Jaipur   Chennai   Ahmedabad

    10. Rajasthan government mulls sewage treatment plants for big housing projects

      Explore India Properties (Jan 27 2012)

      JAIPUR: The urban development and housing department (UDH) is exploring the possibility of having separate sewage treatment plants in housing projects under Section 90A of the Land Revenue Act. In its attempt to reduce groundwater misuse for landscaping of colonies, each housing project will have to incorporate a water treatment pant in its premise. However, the provision will only be applicable for bigger housing projects with an area 3000 square metre and above, and not for the small projects and individual houses. “Housing colonies will create their own sewage treatment plant (STP) along with separate lines for waste water. This ... (Read Full Article)

      Comment Mentions:   Jaipur   India   Pravasi Bharatiya Divas

    11. Middle-class off DDA radar for now

      Explore India Properties (Jan 27 2012)

      If you are dreaming of owning a two or three-bedroom house in the capital, do not pin your hopes on the Delhi Development Authority (DDA). For Delhi’s middle class, a DDA flat is the only hope of owning an affordable house in the city. But their hopes may be dashed, at least for now, as DDA has shifted its focus on building one-bedroom houses for economically weaker sections (EWS). DDA, the country’s biggest land development agency, plans to start constructing one lakh houses in the lower income group (LIG) and EWS categories this year. So for the next couple of ... (Read Full Article)

      Comment Mentions:   Delhi   Delhi Development Authority   DDA

    12. Gurgaon sees 30% rise in stamp duty collection

      Explore India Properties (Jan 27 2012)

      GURGAON: There could have been some slowdown in property transactions across the country in 2011 with people preferring to invest in gold, but Gurgaon was not affected. Rather the stamp duty collection in the district registered an increase of at least 30% in 2011 in comparison to the previous year. Moreover, at least 40% of Haryana’s total revenue from property transaction came from Gurgaon tehsil itself. The data compiled by TOI shows that in 2011 while about Rs 2,446 crore was collected from all over the state, in Gurgaon tehsil, it was Rs 1,072 crore. While the neighbouring district of ... (Read Full Article)

      Comment Mentions:   Gurgaon   Haryana   TOI

    13. Coming: 18-hole golf course in Dwarka

      Explore India Properties (Jan 26 2012)

      Very soon, you will be able to tee off in a golf course of international standards in Delhi, and that too by paying a very nominal fee. The Delhi Development Authority (DDA) is coming up with a ‘state-of-the-art’ 18-hole golf course spread over an area of 173 acres in Dwarka — the biggest ever by the agency. It will be bigger than DDA’s existing golf courses at Lado Sarai (110 acre) and Bhalswa (100 acre) but smaller than Delhi Golf Club (220 acres). “DDA is the first to bring this elite sport to the doorstep of the common man,” said ... (Read Full Article)

      Comment Mentions:   Dwarka   Delhi   Delhi Development Authority

    14. Society flats not registered, owners to be penalized

      View all 2 articles » Explore India Properties (Jan 26 2012)

      NOIDA: Owners of flats in housing cooperative societies have failed to register their premises individually as per the current circle rates as ordered by the Supreme Court even after being given six months to comply with it. Even as the stipulated time ended on Wednesday, the stamp department said that 3,000 such flat owners still haven’t registered their flats. The members of such societies in Noida had earlier argued that they had purchased land at their own cost and, after paying stamp duty, the flats were developed and allotted to society members. As a result, the sub-lease does not make ... (Read Full Article)

      Co-op society flat owners fail to register flats - India Properties   View article

      Comment Mentions:   Noida Authority   Supreme Court

    15. Prestige Group launches Bella Vista in Chennai

      Explore India Properties (Jan 25 2012)

      Prestige Group launches Bella Vista in Chennai The Bangalore-based Pr­estige Group has launched its first residential apartment project Bella Vista, near Porur, a suburban area in west Chennai. The company has already done a few commercial office space projects and is also constructing a high-end mall in Chennai. The project, to come up in an area of over 25 acre, originally planned to be an IT SEZ by the Chennai-based Rattha Group, is being developed by Prestige on a joint development basis. The land has been de-notified to develop a residential project now and the developers have received all necessary ... (Read Full Article)

      Comment Mentions:   Chennai   Prestige Group   Irfan Razack

    16. See all articles >>

  2. Recent Articles

  3. Recent Articles

  4. Quotes

    1. “ There is no system in this office. Everyday some file or important papers go missing and this is a serious issue since all cases relating to the group housing societies land here. ”
      By Anil Kumar
    2. “ High prices are keeping buyers away in Mumbai. Weighted average prices have shot up 30% from the previous peak of Rs 8,100 per sq ft in June 2008, while it has moved up 97% from the bottom of Rs 5,353 a sq ft in June 2009. ”
      By Pankaj Kapoor
    3. “ Not only consumers, even the investor participation in Mumbai's real estate market is reducing. ”
      By Pankaj Kapoor
    4. “ India's growing retail boom is a success story. Fifty-one percent FDI in multi-brand retail and its early implementation would give a major boost to the all round growth of organized retail in the country having substantial positive impact on the growth of SMEs. ”
      By Chandrajit Banerjee
    5. “ The focus should be on properties that have potential for assured rental yields and capital appreciation. This includes residential projects close to workplaces and industrial hubs. ”

  5. Popular Articles

    1. Not only one, real estate investors look to own second home

      Explore India Properties (6 hours, 58 min ago)

      Investment in real estate has seen a change in investors’ mindset. Apart from owning a house, people are increasingly looking to buy a second property to earn some investment income out of the property. And, when it comes to buying a house purely from an investment point, choosing the right city or location becomes most important. “The focus should be on properties that have potential for assured rental yields and capital appreciation. This includes residential projects close to workplaces and industrial hubs,” says Om Ahuja, CEO – Residential Services, Jones Lang LaSalle India. METROS MUMBAI: Mumbai seems like a promising ... (Read Full Article)

      Comment Mentions:   Kerala   NCR   Cushman & Wakefield India

    2. Files go missing at office of housing societies registrar

      Explore India Properties (4 hours, 57 min ago)

      GURGAON: In what could set the alarm bells ringing, files are going missing from the office of the registrar of cooperative societies (RCS) frequently in recent months. One of the office clerks, Ishwar Singh, has lodged a complaint with the assistant and deputy registrars that the receipt and dispatch register of assistant registrar has been missing since December 25. Other employees also told TOI that important documents had been missing from the office that deals with group housing societies in Gurgaon. A member of the staff of the assistant registrar’s office said that this key post has been lying vacant ... (Read Full Article)

      Comment Mentions:   Anil Kumar   TOI   Gurgaon

    3. HUDA and TCP officials summoned by Lokayukta

      Explore India Properties (4 hours, 59 min ago)

      GURGAON: The Lokayukta has asked the town and country planning department and HUDA officials to appear on January 30 in the Chandigarh office of the Lokayukta and present their version on a Rs 1,70,000 crore scam. The Lokayukta’s action has been taken on the complaint of the Progressive Gurgaon Forum which alleges that the department has been involved in a fraud amounting to more than Rs 1,70,000 crore on the name of development. The Lokayukta has sent the notice to D P S Nangal, HUDA Chief Administrator; T C Gupta, director of Town and Country Planning; B B L Kaushik, ... (Read Full Article)

      Comment Mentions:   TOI   Chandigarh   Huda

    4. Build Intec 2012 to focus on green building concept

      Explore India Properties (4 hours, 59 min ago)

      Coimbatore: The city will witness a massive congregation of world’s construction industries’ best brains between February 17 and 20 as sixth edition of Build Intec 2012, an international construction exposition, is schedules to be held at the Codissia Trade Fair Complex. Expected to draw more than 8000 visitors and showcase new and efficient constructive ideas, the thrust area of Build Intec 2012 would be ‘Green Building Concept’ said its Chairman, S Manivasakam. Being hosted by Coimbatore District Small Industries Association (CCODISSIA), around 200 exhibitors from Maharashtra, Tamil Nadu, Andhra Pradesh, Haryana, Kerala and Delhi and representations from the US and ... (Read Full Article)

      Comment Mentions:   Kerala   Andhra Pradesh   Maharashtra

    5. Mumbai homes sales down 30% in Oct-Dec, at 3-year low

      Explore India Properties (5 hours ago)

      MUMBAI: Homes sales in Mumbai slipped over 30% in the quarter ended December from a year ago, making it the lowest in three years, says Liases Foras Real Estate Rating & Research. In this period, home prices have gone up 25% and interest rates too have headed north. “High prices are keeping buyers away in Mumbai. Weighted average prices have shot up 30% from the previous peak of Rs 8,100 per sq ft in June 2008, while it has moved up 97% from the bottom of Rs 5,353 a sq ft in June 2009,” said Pankaj Kapoor, managing director of ... (Read Full Article)

      Comment Mentions:   NCR   Pankaj Kapoor   Mumbai

    6. India’s small and medium enterprises welcome 100% FDI in single-brand retail

      Explore India Properties (5 hours ago)

      NEW DELHI: Welcoming the government’s decision to allow 100 per cent foreign direct investment in single-brand retail, India’s small and medium enterprises (SMEs) say the mandatory 30 percent sourcing from micro and small industries will help them achieve higher growth. A Confederation of Indian Industry (CII) survey found that the SME industry, by and large, supported 100 per cent FDI in single-brand retail. “The government’s decision of mandatory sourcing of a minimum of 30 per cent from Indian micro and small industry will help SMEs to achieve higher growth in sales, size of the industry, capacity addition, increased orders, qualitative ... (Read Full Article)

      Comment Mentions:   CII   MNC   India

    7. Funding woes to continue for the real estate sector: Care Ratings report

      Explore India Properties (5 hours, 1 minute ago)

      Funding woes to continue for the real estate sector: Care Ratings report MUMBAI: Funding woes for the real estate sector is likely to continue, due to dwindling alternate sources of funding and delays in project implementation, said a report released by Care Ratings “The credit outlook for the industry remains negative until the cash flows are streamlined.” the report said. The sector has been ridden with problems like slowing demand which is on dual grounds of rising EMI on rising interest rates and high level of inflation and the problem of delay in project implementation is also not helping. The ... (Read Full Article)

      Comment Mentions:   Mumbai   Nbfc

    8. SMEs favour 100% FDI in single-brand retail: Survey

      Explore India Properties (5 hours, 2 min ago)

      Small and medium enterprises (SMEs) support 100 per cent foreign direct investment (FDI) in single-brand retail and speedier implementation of 51 per cent FDI in multi-brand retail, says a survey by Confederation of Indian Industry (CII). According to the survey, 52 per cent respondents hope for early implementation of the FDI in multi-brand retail with the required notification. Nearly 66.7 per cent see entry of MNC retailers as an opportunity, while around 21 per cent perceive it as a threat. Over 56 per cent of respondents are of the view that the Government’s decision of mandatory sourcing a minimum of ... (Read Full Article)

      Comment Mentions:   Confederation of Indian Industry   MNC   FDI

    9. Suspension of FDI in retail just a pause: Sharma to global CEOs

      Explore India Properties (5 hours, 8 min ago)

      Suspension of FDI in retail just a pause: Sharma to global CEOs India today assured global CEOs that its reforms agenda is well on course and the decision to put on hold FDI in multi-brand retail is “just a pause”, forced by compulsions of coalition politics. A firm assurance in this regard was given by Commerce and Industry Minister Anand Sharma when he met top management functionaries of global retail chains Walmart and the Metro Group on the sidelines of the World Economic Forum meeting here. This is for the first time that senior management of the two retailers met ... (Read Full Article)

      Comment Mentions:   Commerce   Anand Sharma   Metro