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Recent Posts Tagged With 'assetventures.in'
Real estate bookings outnumber deliveries in India; 10 to one
It's been long that we have heard of any possessions of the housing projects. Or is it that only launches of projects make news? "Yes , onlylaunches make news, which is relevant only to real estate developers to attract gullible buyers. How many time...
Now, buy prime office space for just Rs 5 lakh
Here is your chance to own a slice of office property at Nariman Point by investing just Rs 5 lakh. The 30-40% decline in property prices (from peak levels), coupled with firming interest rates have resulted in private equity (PE) funds eyeing invest...
Facilities management is the next big thing in real estate space
Mumbai/Bangalore: When Jasmer Puri started his company 16 years ago, he used to shy away from telling his friends about his business. Having built Dusters Hospitality Services Pvt. Ltd into a Rs100 crore facilities management services firm, Puri no l...
NCR, Mumbai record strongest demand despiteNCR, Mumbai record strongest demand despite hike in prices hike in prices
The real estate sector has underperformed the Sensex by 16% in the past one month on concerns of the Reserve Bank of India’s (RBI) hawkish stance towards the sector and likely increases in mortgage rates. Our analysis of Mumbai’s apartment regist...
ICICI Bank to focus on home-loans as real estate picks up
The country's largest private bank, ICICI Bank, today said it is focussing on the home-loan segment as the real estate segment is witnessing a comeback after the economic slowdown. "We are focussing on the home-loan segment at the moment as there...
India tops Asian real estate investment markets
India leads the pack of top real estate investment markets in Asia for 2010, according to a study by PricewaterhouseCoopers (PwC) and Urban Land Institute, a global non-profit education and research institute.The report, which provides an outlook on ...
NIREM takes initiatives to develop human resources for Indian Real Estate
With the meteoritic growth in real estate sector during last few years, the property and real estate business also became more complex in structure and more international in scope, which created the shortage of trained real estate professionals. Then...
Govt meet to help NRIs resolve real estate woes with developers
The ministry of overseas Indian affairs is bringing together real estate developers, government officials, both from the Centre and the states, and Indians living abroad in a first-of-its-kind seminar aimed at resolving property disputes in Delhi on ...
Godrej to build India\'s first green township in city
Godrej Properties Limited (GPL), a real-estate arm of conglomerate Godrej Group, will launch indias largest green township in january.The eco-friendly project is coming up near Nirma University on Sarkhej-Gandhinagar road.Adi Godrej, chairman Godrej ...
All about affordable housing
The city will host the annual MyBuild, an exhibition of construction industry, from DecemberThe Builders Association of India, Mysore centre, has teamed with the Confederation of Real Estate Developers Association of India for the expo. The exhibitio...
Dubai crisis to hit 200,000 Indians
About 200,000 Indians will be affected due to the Dubai crisis wherein real estate and construction sectors have taken a major hit, according to Associated Chambers of Commerce and Industry of India (Assocham) past president Anil K Agarwal.Releasing ...
India\'s first private metro rail project is down, but not out
The Rapid Metro Rail Gurgaon (RMRG) Ltd -- India's first totally private metro rail project -- failed to get financial closure by November 30, 2009.It is a Rs 900 crore project owned by IL&FS (74%) and DLF (26%) linking the DLF township in Gurgao...
Expected Regulation Would Encourage Foreign Investment In India
A three year lock in period for developers and foreign investors in the real estate market in India is expected to be scrapped.The Department of Industrial Policy and Promotion and the Ministry of Commerce and Industry have put forward proposals to g...
Returning NRIs boost demand for residential property
An estimated 25 million NRIs living in 130 countries in remittance have remitted US$52 billion so far this year. In fact India topped the list of countries flow followed by China and Mexico, according to World Bank report on Migration and Development...
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Murphy's law is at work in the global financial and realty markets. If something can go wrong, it will. No one who is familiar with the facts of Dubai's boom and its global dimension ought to have been surprised by the debt crisis that has hit Dubai...
Dubai property recovery under threat
The fear of government-owned Dubai World reneging on its commitments to global lenders is expected to find an echo in a reversal of a recent tentative recovery in Dubai's real estate values unless the emirate manages to strike some sort of deal with...
Action on illegal PG properties Chandigarh.
CHANDIGARH: After conducting a detailed survey of unauthorized and illegally paying guest (PG) accommodations in the area, cops at the Sector-19 police station are ready to book and arrest owners of properties who are still not adhering to set norms....
IT majors worried about cascading effect of Dubai crisis
MUMBAI/BANGALORE: As World, the emirate’s investment firm seeks more time to repay almost $60-billion debt, India’s top tech firms fear that the once lucrative West Asia market for outsourcing can enter a prolonged recession and customers in othe...
Dubai debt crisis will have limited impact
Dubai's debt crisis has rattled markets across the world as the problem revived worries about the health of the global financial system. Although the exposure of Indian companies and banks to the Emirate is negligible, concerns linger about the fallo...
Buying real estate? Read this first!
Traditionally real estate in the form of the house that we live in has been the single largest investment for most of us. This is seen not only in India but across the world. Let us now apply the metrics that we attribute to investments in general t...
Property prices likely to go up in December
If you are looking to buy a house in Mumbai or in the National Capital Region be ready to take a big hit on your pocket. But south India may still hold a bargain or two, reports CNBC-TV18's Sunanda Jayaseelan. Real estate developers have started hiki...
Property tax to be levied on vacant plots now Assetventures
LUDHIANA: The local bodies department has started its exercise to levy property tax on city residents, for which officers of the local bodies department held a meeting with their counterparts in municipal corporation (MC) on Monday.In the meeting th...
Tax dues: Drive to seal properties begins
PUNE: The Pune Municipal Corporation's (PMC) tax collection and assessment department has undertaken a drive to seal properties on which property tax dues have not been cleared despite issuing notices.On Monday, four properties in Hadaps...
\'Despite downturn, real estate market favourable\'
Global economic crisis aside, the local real estate market looks optimistic. This was the opinion of Thomas Justin, president of the Royal Institute of Chartered Surveyors (RICS). Speaking at the opening on Thursday of the two-day Caribbean Land Con...
Investors in DLF project want out
Seventy-eight investors have approached an arbiter for permission to exit a commercial complex being built by DLF in Rajarhat. The eagerness to pull out is in sharp contra...
HDFC expects rates to firm up by 25-50 bps Assetventures
The country’s largest mortgage company Housing Development Finance Corporation (HDFC) expects interest rates to go up by 25 to 50 basispoints in the first quarter of the next fiscal. This was indicated by HDFC joint managing director Renu Karnad, w...
Residential property prices in north India inching up
Demand in the real estate sector has returned . And, with it, developers have raised prices of their products in most of the markets in north India However, prices in cities in south India have stabilised, with the exception of Bangalore, which is st...
Biggest Indian-Canadian landlord eyes India\'s \'dream\' market Assetventures
Canada's biggest Indian landlord Bob Dhillon, who started his company from the back of his car and now owns more than 6,000 rental properties across the country, is set to enter the Indian real estate market.Dhillon, who has been invited by Prime Min...
Govt may scrap 3-year lock-in for FDI in real estate
To boost foreign direct investment (FDI) in real estate, the government may remove the mandatory three-year lock-in period for overseas investments in the sector. The department of industrial policy and promotion (DIPP) has proposed this move, with a...
Govt sets real estate regulation law moving Assetventures
After dragging its feet on the issue for two years, the state now looks the most serious it has ever been about enacting legislation to regulate the housing sector.The proposed law, called Model Real Estate (Regulation of Development) Act, has made l...
