A majority of big real estate developers in India today said they are insulated from the financial crisis in Dubai and it will not have any impact in the country's property market.
Out of the proposed 74 malls in key eight cities at the beginning of 2008, only 34 were delivered through the year, the study showed. Developers in the National Capital Region lagged the most with a supply of 4.7 million sq ft compared with the earlier target of 7.1 million sq ft. Developers may continue to restrict their supply, or go slow on retail space by a similar amount in 2009 across key major cities, the study showed.
The cut comes as part of their plans to launch affordable housing project to lure buyers. Referring to slowing sales, Rajiv Singh, VC, DLF, said the cut in prices will be visible in the next three months. DLF indicated on Monday that it will launch two-, three-bedroom apartment projects in select cities in the coming months.
A day after the Reserve Bank of India (RBI) raised the benchmark repo rate and cash reserve ratio (CRR), leading property developers said they are mulling hiking prices of apartments and focusing on the affordable housing segment to counter the impact of a high interest rate regime.
Top executives of leading corporates such as Reliance Industries, HCL, Parsvnath and UK Paints have suggested forging links between business schools and industry
Puravankara Projects scores better than its peers on growth and profitability.
Mutual funds bought FMCG, construction, auto, and IT stocks in November.
This is the second instance of a realty firm foraying into telecom in less than a month. In August, Delhi-based Parsvnath Developers had submitted an application to the DoT for a Unified Access Service licence in 22 circles.
If the developers continue to express inability to pay, buyers should file a petition in the SC and request it to initiate proceedings under Article 142 of the Constitution
On the heels of huge success of Parsvnath Developers' public issue, which was over subscribed 62 times, domestic real estate firms are planning to raise nearly Rs 22,500 crore (Rs 225 billion) through their public offerings.
Developers announce new projects, vacant land being unlocked
The multimedia-cum-film city project, first of its kind, is estimated to cost around Rs 800 crore and will spread over 30 acres.
Transcript of the market chat held on Wednesday.
If you are already invested in real estate stocks, you've made your money, exit
Transcript of the market chat held on January 17.
Former national champion Dibyendu Barua suffered his second defeat in the Parsvnath International Open chess tournament.
Overnight joint leader Grandmaster Abhijit Kunte settled for a quick draw as lower ranked players took the honours.
P Harikrishna and R B Ramesh share the lead in the Parsvnath international chess tournament.
: They joined three others in the lead in the Parsvnath International chess tournament.
Sahaj Grover beat an opponent rated more than 400 points above him in the Parsvnath International Chess tournament.
Krishna Sasikiran was held to a draw in the final round but managed to edge past Abhijit Kunte on better progressive scores.
The national champion was beaten by Somya Ranjan Mishra in the second round of the Parsvnath International Chess tournament.\n\n
Marat Dhzumaev of Uzbekistan, Pendyala Harikrishna, Alexander Fominyh of Russia and R B Ramesh share the lead in the Parsvnath international.
Pendyala Harikrishna and R B Ramesh played a quick draw to remain in joint lead in the Parsvnath international chess tournament.
Grandmaster Koneru Humpy went down to Harish Sharma in the opening round of the second Parsvnath Chess championship.
The Chennai-based player will get his final norm on Thursday when he plays GM Jonathan Rowson, irrespective of the result.
The duo are a half point ahead of a pack of four after the eighth round in the Parsvnath chess tournament.
The Asian women's champion was beaten by C Praveen Kumar in the Parsvnath International chess tournament.
Farmers too will get better deals
What ex-IL&FS top brass got for loans? Foreign trips, private jets and chopper rides.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Besides 15 loan transactions to the Siva group of companies, the former directors also used unique methods to ensure the group did not get into the default list.
Builders were questioned on unfair trade practices.
Delhi Stock Exchange's (DSE) struggle to end its life without hurting the diverse interests of its multiple stakeholders will continue into another year.
CREDAI Chairman Lalit Jain said a long term status quo on interest rates would not help prospective home buyers.
Increase in service tax would make properties costlier to buyers.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
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