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Tag Archives: Realty

NBCC asked to provide estimate, amount required to complete delayed realty projects: Sources

With the problem of unfinished houses looming large and elections round the corner, there is pressure on the government to ensure that lakhs of homebuyers saddled with EMI burden get delivery of their homes. With this in mind, it has been proposed that the government’s construction arm National Buildings Construction Corporation Ltd (NBCC) make an assessment of the projects that ... Read More »

Share market update: Realty stocks subdued; HDIL, IB Real Estate top losers

NEW DELHI: Most realty stocks, including Housing Development & Infrastructure (HDIL)(down 1.53 per cent), Indiabulls Real EstateNSE -2.79 % (down 1.48 per cent) and Prestige Estates Projects (down 1.27 per cent), were trading with losses. The Nifty Realty index was trading 0.22 per cent down at 267 around 02:30 pm. Sobha (down 0.68 per cent), Phoenix Mills (down 0.63 per cent) and Brigade ... Read More »

Market Now: Realty stocks fall; IB Real Estate slips over 2%

Sun Pharma, ITC, Lupin, Axis Bank, TCS and Infosys were the top losers in the Nifty pack. NEW DELHI: Nifty Realty index slipped over 1 per cent in Wednesday’s early trade to hit 283, erasing most of the gains of the previous session. The index was trading 1.10 per cent down at 284 around 10.25 am (IST) with shares of Indiabulls ... Read More »

M3M Group To Sell Gurgaon Tech SEZ To Tata Realty For Rs 500 Crore: Report

New Delhi: Real estate firm M3M India has entered into an agreement with Tata Realty and Infrastructure to sell its proposed IT special economic zone (SEZ) at Gurgaon for about Rs 500 crore. M3M India’s subsidiary Mikado Realtors Pvt Ltd had received a formal approval from the Commerce Ministry to develop a 25 acre SEZ for electronic hardware and IT/ITeS ... Read More »

Hyderabad Office Space Leasing Up 55% In January-June: Realty Consultant

Representational image HIGHLIGHTS Hyderabad witnesses strong demand for space from IT-ITeS companies Space leasing rose to 2.9 million square feet in first half of 2016 Competitive rentals, quality infrastructure have attracted companies New Delhi: Hyderabad saw a maximum increase of 55 per cent in net office space absorption in the January-June period among eight top cities on improving business climate ... Read More »

Realty firms hope for Housing income Revival put up-fee reduce

New Delhi: hobby on home loans is predicted to return down helping a revival of housing incomefollowing the Reserve financial institution of India’s reducing of policy charge with the aid of zero.25according to cent these days, say realty professionals. The RBI has reduced the quick–time period lending charge by using 0.25 consistent with cent to six.5in line with cent. the ... Read More »

Realty firm M3M Completes Rs 1,211-Crore deal with Sahara

Sahara had in December 2014 bought a huge land parcel at the outskirts of the countrywide capital for Rs 1,211 crore to M3M India to raise finances in a bid to get its leader Subrata Roy launched from jail. greater From Corporates GST bill Will beat back Regulatory Clock by way of many years: IAMAI Nestle Poaches CEO From Fresenius ... Read More »

FDI reforms, REIT Rule Relaxations to boost Realty area: record

New Delhi: Reforms in FDI coverage and rest of norms in real estate funding Trusts (REITs) will advantagethe realty quarter, especially the industrial section, belongings representative CBRE stated on Thursday. in advance this week, the authorities unleashed a second wave of FDI reforms, allowing a hundred in step with cent inflows in civil aviation and food processing sectors even as ... Read More »

non-public equity inflow In Realty Rises forty% In March region: assets consultant

New Delhi: private fairness (PE) investment in the actual property region rose 40 in line with cent to Rsthree,840 crore within the first sector this yr as builders raised budget to meet production fees and refinance loans, in line with a record by belongings consultant Cushman & Wakefield. PE funding inside the realty quarter stood at Rs 2,750 crore inside ... Read More »

authorities have to Ease Approval process For Realty projects: Adi Godrej

New Delhi: despite the fact that the ease of doing business has advanced within the ultimate years of the NDA authorities, more work needs to be achieved specifically within the real estate sector which has a “complex” approval system, industrialist Adi Godrej has stated. The $4.1-billion Godrej organization has a massive presence within the actual property region throughits firm Godrej ... Read More »