24 contestants will compete for Miss Real Estate Philippines title on July 25th at SMX Mall of Asia. The winner will become the industry ambassadress and represent the country in Miss Real Estate Asia.
UEM Builders, a Malaysian firm, is bullish on Indian infrastructure and plans to invest further in expressways and waste management, having already invested over ₹300 crore in India.
Indian real estate faces uncertainty amidst global slowdown and high property prices, impacting developers and investors, though robust demand persists.
Amarpali Group, led by MD Mr. Anil Kr. Sharma, has successfully ventured into SEZs with international-class 4-5-star hospitality projects in multiple cities.
Sahara India Group, valued at over $50 billion, explores UAE projects in various sectors, including real estate, media, and tourism, seeking investment opportunities.
Ansal Properties has unveiled a massive 2500-acre township, The Megapolis, in Uttar Pradesh, targeting expansive growth and extensive facilities despite current market slowdowns.
Facility management in India has matured significantly since the 1990s, driven by demand from the IT and BPO sectors, emphasizing the need for professional services.
Housing finance is under pressure as banks increase developers' contribution limits amid rising rates and an uncertain economy, impacting real estate investments.
Real estate stocks have plummeted, with the BSE Realty Index down 68.5% in 2008. DLF announced a buyback, while analysts predict further decline due to slowdowns, rising input costs, and high interest rates.
Retailers are postponing expansion plans due to declining rental prices, as they anticipate a more favorable market before committing to new spaces.
Sabeer Bhatia's Nano City project in Haryana to partner with Parsvnath Developers. The deal involves 30-38% equity stake and development rights, focusing on 11,000 acres with a first phase investment of Rs 1,500 crore.
Reliance Industries faces land acquisition hurdles for its Haryana SEZs due to price disagreements with landowners, impacting the 25,000-acre project.
The government is intensifying scrutiny on investments from tax havens amid concerns over potential money laundering and terror funding, especially in real estate.
Wealthy Indians are increasingly investing in foreign properties as second homes, reflecting a global trend in real estate amid rising domestic wealth.
India may ease foreign investment rules for hotel construction to address room shortages before the 2010 Commonwealth Games. This includes reducing minimum development area requirements and waiving lock-in periods and minimum investment criteria.
India's National Housing Bank aims to raise ₹110 billion by March 2009 to satisfy loan demand, including plans for a mortgage guarantee firm.
NRI loan interest rates vary based on borrowing reasons. The RBI's new directive limits lending against NRI deposits, targeting speculative investments in 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.
India's real estate market is projected to grow significantly, attracting $30 billion in FDI over the next decade. Policy changes, including increasing the minimum construction area for foreign developers, are expected to further boost FDI inflows.
Indian real estate firms anticipate margin pressure due to recent interest rate hikes, raising concerns over market demand and pricing strategies.
India attracted $20.8B FDI in energy, services, construction, and real estate over four years. Real estate FDI jumped from zero to $2.17B, while services saw the largest increase, from $444M to $6.61B.
Dehradun's real estate is booming, driven by infrastructure development, influx of top builders, and IT/ITES growth. Residential and commercial properties are flourishing, attracting investors and transforming the city's landscape.
While major markets like the US and UK face scrutiny, Asian real estate remains resilient, demonstrating growth amidst global economic challenges.
Three high-value housing deals totaling Rs 300 crore have been closed in Delhi's Golf Links area. GMR, an auto dealer, and Naresh Gujral are among the buyers.
HDFC chief points out how environmental clearances result in substantial delays and cost overruns in housing projects, raising concerns among real estate developers about mounting expenses and inefficiencies.