News articles tagged Property Developers

Panchkula RERA Launches Online Dispute Resolution Platform

Panchkula RERA introduces an online dispute resolution platform to streamline the complaint process and reduce case backlogs, providing faster resolutions for real estate disputes.

Real estate in Kashmir faces a gloomy downturn amid declining demand

Kashmir's real estate sector faces turmoil with declining demand, increasing sellers, and falling property prices due to economic uncertainties.

Housing Sector To Face Shortage Of Supply

The housing sector is expected to face a supply shortage this year, with under-construction projects progressing slower than anticipated. Buyers may face delays as completion targets are unlikely to be met.

Land Acquisition Bill Likely To Hit Affordable Housing

The Land Acquisition Bill, after several amendments including a 50% compensation for landowners, has received consensus from all parties. However, developers and industry experts fear it will adversely impact the affordable housing sector.

Falling Demand Forces Real Estate to Bid Small Offices

Mumbai's real estate firms are selling smaller office spaces due to declining demand from corporates and financial institutions, turning to professionals for sales.

Income Tax Department to Probe Suspected Real Estate Deals.

The Income Tax Department is investigating real estate deals in New Delhi to combat black money and tax evasion. They will scrutinize developer funding and individual transactions.

Prospectus for 513 million dollars filed by Realty Firms

Embassy Property Developers plans to raise $513 million through an IPO, according to their filed prospectus. Pre-IPO placement and retail investor discounts are also being considered.

Need to Monitor Realty Sector

Real estate in India lacks a strong consumer movement and transparent investment guidance. The current price surge has shifted focus from need-based to profit-driven investments.

International Real Estate Expo (IIREX 2009)

The International Interiors & Real Estate Expo in New Delhi promises networking and investment opportunities, offering free entry and exclusive discounts for members.

Oberoi Constructions plans IPO early next year

Oberoi Constructions plans IPO launch in Q1 next financial year to fund growth

New housing projects on hold in mumbai

Mumbai developers consider halting new residential projects due to market slowdown, impacting sales and leading to job cuts in the construction industry.

30-35% Drop Expected in Residential Price in Mumbai

Centrum Broking predicts a 30-35% decline in India's residential property prices, with Mumbai expected to fare better, possibly experiencing a reduction of 20-30% by April 2009.

Real Estate Projects Become Attractive Due To Foreign Architects

Indian developers are increasingly hiring foreign architects for their projects, seeking a global perspective and expertise. While this offers advantages, some raise concerns about foreign firms' understanding of Indian business complexities.

Switching To Tier II And Tier III Cities A Good Option For Real Estate

Real estate appears resilient to inflation, with experts predicting a price drop of 5-10 percent. It's considered a favorable time for property investment, especially in Tier II and III cities.

Realty Deals Get Buried In Pan-India Landslide

Land prices decline across major Indian cities, with drops between 10-50% due to market slowdown and reduced deal volumes.