Housing sales dipped by more than half in the first quarter of 2012 in Mumbai and national capital region due to high prices and uncertain economic conditions, and a continued downtrend could force builders to sell homes at up to 20 per cent cheaper rates, says a report.
However, Bengaluru is on a high with the share of IT/ITeS in the total office space transaction rising from 55 per cent in 2011 to 75 per cent till May 2012, according to data by DTZ, an international real estate research firm.
"I do not think prices can come down because costs are high. We have not seen any decline in prices so far, says Adi Godrej"
In the NCR region, a significant number of residential projects in areas such as Noida have been delayed because of disputes with regards to land acquisition.
The sources said the CBI raids started early in the morning and are focussed on four companies, which had acted as the Indian arm for the same number of international firms. The contracts were bagged by consortium of foreign and Indian firms.
The Delhi Pollution Control Committee (DPCC) also issued guidelines for implementation of the ban on firecrackers, which included directions to the Delhi Police to register a first information report against the violators of the ban.
When Kishore Biyani- led Future Group opened the 200,000 square feet Home Town store in Mumbai's Vikhroli early last year, it became a symbol of the group's giant-sized ambitions in home solutions.
Senior bureaucrat Pradip Kumar Tripathi has been appointed as secretary (coordination) in the Cabinet Secretariat as part of a major bureaucratic reshuffle effected by the Centre on Monday.
India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.
What months of intervention by gun and baton-wielding cops could not do to quell the prevailing tension between authorities and farmers in Noida, has been accomplished by a man who chose to reach out to all and sundry with a smile.
If Saudi Arabia, with just two Muslim holy sites of Mecca and Medina, can create a huge tourism-based ecosystem beyond oil, Ayodhya is sure to become the world's hottest religious tourism site in less than a decade, predicts R Jagannathan.
India on Monday launched 'Operation Kaveri' to evacuate its nationals from violence-hit Sudan.
Days after a young girl was abducted and raped outside Sahara Mall on Gurgaon's MG Road, Rediff.com's Priyanka finds that little or nothing has changed along the darkly-lit stretch.
43 McDonald's outlets in New Delhi-National Capital Region were forced to down shutters following lapse of their eating-out or health licences in June.
The agency's latest action, under Prevention of Money Laundering laws, had been taken against the borrower company and its two group companies, which owe the investors Rs 922 crore (Rs 9.22 billion), sources said.
In the backdrop of some localities in the national capital region removing mobile towers on the ground that they pose radiation hazards, cellular operators on Monday refuted these allegations, describing them as "having no scientific basis".
The 980 MW (2x490 MW) Stage-II of the Dadri power project would supply electricity for the Commonwealth Games, next month.
As its reach now extends from north Delhi to the satellite city Gurgaon, Delhi Metro's ridership is increasing day-by-day with over 14 lakh people taking a ride on the new age transport system on Monday alone.
The recent 'revelation' by TN fishers freed by Sri Lanka after they had paid up Lankan rupees 50,000 each in fines, that their hair was tonsured in prison and they were forced to remove their garments other than the underpants, and were also made to clean toilets, as if with vengeance, has touched a raw nerve this time, just as another issue or issues had done it ahead of the Jallikattu protests, observes N Sathiya Moorthy.
Following the party's sweep of assembly elections in three Hindi heartland states against the odds, the BJP's brain trust is now busy game-planning as to how it can improve on its 2019 Lok Sabha election tally of 303 seats.
India's representation in the top 50 Emerging Global Outsourcing cities has grown to four, from last year's three, with the addition of Jaipur to the list at number 31. The other Indian cities in the list include Kolkata at number six, Chandigarh at 12 and Coimbatore at 17, says the study.
Satyam Computer Services on Friday said it would invest $75 million in 2006-07 to augment its infrastructure and was looking at a location in the National Capital Region to set up a new development centre.\n\n
The dead were identified as belonging to Punjab province. No group has claimed responsibility for the attack so far.
Onions, too, are expensive at Rs 60-70 per kg, while other major green vegetables are ruling between Rs 35 and Rs 90 per kg.
Speculation high because of low number of end-users, says study.
Nadeem had no major sponsorships and months before the Paris Games, he turned to social media to help replace his old javelin for training.
At least 27 Indian pilgrims, all from Maharashtra, who arrived in Nepal for a 10-day tour were killed and 16 others injured after their bus veered off the highway and fell into a fast-flowing river in central Nepal on Friday.
Mother Dairy's retail model helps farmers but is under pressure from chains.
Oberoi Hotels on Tuesday inaugurated its first luxury hotel there, right next to the Trident property, under a management contract with Orbit Resorts.
Developers announce new projects, vacant land being unlocked
Key individual parties have cornered a larger share, with some favouring regional and others national players.
For someone who is such an indefatigable litigant, what is stopping Mr Saxena from using the law to depose Mr Kejriwal? Maybe we will get the answer after May 25, notes Aditi Phadnis.
Rahul Gandhi's focus will be on his Nyay Yatra, rather than the INDIA bloc's election campaign, leading to speculation among allies that the Congress leader is already looking at the Opposition's fight beyond May 2024.
Green think tank Centre for Science and Environment (CSE) said the ongoing smog episode is a public health emergency.
A high-intensity earthquake hit the Central Asian country of Tajikistan on Monday, tremors of which were felt in parts of north India, including Delhi and Kashmir.
A recent report by Citi had pegged the total amount stuck in stalled projects across seven major Indian cities (Bengaluru, Mumbai Metropolitan region, National Capital Region, Ahmedabad, Hyderabad, Kolkata and Pune) at Rs 80,000 crore.
Ahead of the 2010 Commonwealth Games and the shortage of hotel rooms in the national capital region, Noida is clearly beating Delhi in wooing the country's leading hotel chains by offering land at rock bottom industrial rates.
Through Micro Lost Mobile Tracking System, Micro Technologies would provide security to the mobile handsets of Airtel subscribers, the firm informed the Bombay Stock Exchange. The application would have a software in the GSM enabled mobile handsets that would inform the user about the new mobile number, which replaced the original number, through an e-mail, Micro Technologies said.
'Chandrababu is wiser and a very good administrator.' 'Jagan is the opposite. He is not very wise, not a good administrator.'
In his address at a ministerial meeting of the SCO in Moscow in the Russian capital, Singh also referred to the Second World War and said its memories teach the globe the 'follies of aggression' of one state upon another that brings 'destruction' to all.
