NRI demand would help offset the liquidity problem, which is presently affecting realty sales.
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.
IGL's share price has taken a beating at the stock exchanges.
Big conglomerates of Japan, including Mitsubishi Corporation, Sumitomo Corporation, and Mitsui Group, are looking to both build and buy commercial properties in key Indian cities.
Realty player Raheja Developers will build up to 30,000 apartments in the affordable housing category in the National Capital Region in the next two years, which will be offered at Rs 4-25 lakh.
Despite more than a 20 per cent fall in prices of houses in new projects, a majority of home buyers are looking for a further price reduction, a survey by an international brokerage shows.
Under the emergency plan, stringent actions are implemented based on the air quality of the city.
Some of the areas still gripped in the hazardous category of air quality index.
A forecast by this international real estate consultancy suggests that 'in Mumbai, rentals will fall for some more months and bottom out in the second half of next year, while in the national capital region, rents may bottom out in the second half of the current financial year in most areas.' In both metros, the correction in rents would be between 40 to 60 per cent by the first half of next year of their peaks in 2007-08.
To prevent rise in air pollution levels, oil marketing companies and thermal power units were planning to procure stubble from farmers to make bioethanol and promote the central government's 'Agricultural Mechanization' for crop residue management. But both have seen minimal success.
If the sale of over 600,000 application forms for the 5,020 apartments on offer by the Delhi Development Authority is any indication, private developers in the national capital region are in for tougher times ahead, as investors are betting on their chances for higher returns from the cheaper DDA flats. On an average, a DDA flat is on offer at half the price of apartments being developed by private developers.
The currency notes allegedly given as bribe to three Bharatiya Janata Party lawmakers have been traced to some banks in the National Capital Region of Delhi region and not to a Bhopal-based branch of a public sector bank, sources in a Parliamentary committee have claimed.
Cheque Truncation Solution is a big milestone in the Indian banking industry. It enables cheque clearing on the same day, reducing floating time available for funds.
Genpact opens offices in Kolkata on 700,000 sq.ft of land and plans to employ 7000 people.
Setting a new benchmark for apartments in the super-luxury segment in the national capital region, a local developer is offering 7,672 square feet of super area at a basic price ranging between Rs 13,500 and Rs 14,750 per square foot (sq ft), the highest in the region. The property is attracting keen interest in the market and analysts said it indicates the market for luxury properties remains strong as ever.
The Rajasthan Venture Capital Fund (RVCF), which has a corpus of Rs 100 crore (Rs 1 billion), would focus on innovative projects in the small and medium enterprises (SME) segment, such as the IT/ITeS, bio-technology, retail, tourism, hospitality and entertainment sectors.
Speculation is rife that Neelam had not committed suicide but had been murdered since she had started blackmailing some politicians
Real estate market in the national capital region is likely to be hit by the steep rise in steel & cement prices. Caught between oversupply of sales of residential properties and rising steel & cement prices, property developers may be forced to review property prices. But realty developers will not pass on the burden to buyers and will try to absorb the shock of the rise in steel & cement prices. Pushing up real estate prices may hinder potent buyer from buying properties.
RFRL Group President A N Sethuraman on September 3 filed three separate applications with the Petroleum and Natural Gas Regulatory Board for licences to sell CNG to automobiles and piped gas to households in Mumbai, Delhi, Gurgaon, Faridabad etc.
Enthused by rave reviews that its Rs 100,000-car Nano got at the auto fair recently, the country's largest automobile company Tata Motors is embarking on a dealership network expansion drive.
According to a report by Greenpeace and AirVisual, air pollution will cause around 7 million premature deaths globally next year.
Several parts of north and west India reeled under scorching heat wave with the temperature touching 50 degree Celsius in Rajasthan's Churu district on Tuesday, even as the meteorological department predicted very heavy rainfall in Assam and Meghalaya till May 28.
Reliance Retail, the subsidiary of petrochemicals giant Reliance Industries, will soon launch its own label of consumer electronics goods to complement its retail appliance stores.
Real estate developer BPTP Group has won the right to develop 94 acres of commercial land at Noida for Rs 5,006 crore. Country's largest realty company DLF and Omaxe were the other contenders. BPTP's winning bid was nearly 70 per cent more than the reserve price of Rs 2960 crore for the land parcel. The commercial complex at Noida will cater to the shoppers living along and commuting via the expressway. BPTP recently bought a 30 acres plot at Hyderabad for about Rs 666 crore.
The Reliance apparel stores will stock all kinds of apparel, about 4,000 products across as many as 94 brands, manufactured exclusively for the company.
Tata Housing to take up around 13 projects for constructing homes for the old.
At the Ghazipur border, they huddled close together, only some with masks -- aware of the coronavirus threat that had led to an unprecedented 21-day lockdown of the country and taken away their jobs, but helpless to do anything about combating the infection.
DLF, Unitech, Emaar-MGF and the Ambience Group are in race to build the largest mall.Delhi and its suburbs are witnessing a race without a finishing line - the rush to build India's largest shopping mall. The players are the top names in the real estate business - DLF, Unitech and Emaar-MGF.
Very few countries in the world, like the US, China, Taiwan and the United Kingdom, have police academies and government feels that the University will certainly bring in professionalism in the force.
A steady demand environment, prudent debt management and faster absorption of office space gave them an edge over others.
GETIT, an official publisher of Yellow Pages is recruiting Telesales Trainees, Telesales Executives, Senior Telesales Executives, Sales Trainees, Sales Rxecutives and Senior Sales Executives.
A national data centre of the income tax department will come up in the National Capital Region this year.
In the wake of the rape-cum-murder of a call centre employee in Bangalore, the National Commission for Women will on Tuesday hold a meeting with industry representatives to review the safety of women employees in the BPO sector.
Rajesh Agarwal, the chartered accountant, was allegedly instrumental in providing accommodation entries to many high-profile people to help launder their funds.
Reliance Retail on Monday ushered in a new retail culture in the national capital region by opening nine western-style food stores as it hopes to become the preferred supplier of push-cart vendors and kirana stores.
The eight areas that recorded 'severe' air quality Saturday are Anand Vihar, Dwarka Sector 8, Narela, Punjabi Bagh, Bawana, Mundaka, Vivek Vihar and Rohini.
Speculation high because of low number of end-users, says study.
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.
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