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Featured Archive

Mumbai: 1100 acres earmarked for affordable housing

The Maharashtra Housing and Development Authority (MHADA) has allocated land parcels spread over 1,100 acres across the Mumbai Metropolitan Region for developing affordable housing projects. Mumbai Metropolitan Region comprises cities of Mumbai, Thane and Navi Mumbai. The identified land parcels are in Thane, Raigad and the newly formed district of Palghar including Vasai and Virar. […]

IIT-Kanpur to test new technologies in construction

The Housing Ministry has commissioned a study on testing new construction methods in the country with a purpose of promoting new technologies in housing. The Ministry has therefore, approved a proposal in this regard made by the Indian Institute of Technology, Kanpur and will support this  study with a financial aid of Rs 31.34 lakh. […]

Finally, plots on Yamuna e-way sectors to be allotted to 21,000 owners

The plots along the Yamuna express way in sectors 18 and 20 had gone up for sale in 2009 but their allotment was stalled as farmers demanded higher compensation for their acquired lands. About 21,000 allottees that had purchased plots priced at Rs 4,750 per sqm, ranging from 300 sq m to 4,000 sq m […]

Dubai real estate sees $2 billion investment by Indians in 2015

According to Dubai government’s data, Indians were the most prolific foreign investors in the first six months of 2015, with a total of 3,017 real estate transactions worth more than $2 billion. “The typical Indian mind-set of solidifying assets in multiple arenas compliments the dynamics of Dubai real estate which offers a range of options […]

PM’s festive offering can boost the Indian property market

In 2015, festive season or special Diwali celebration session in Mumbai comes with many surprise gifts from PM Narendra Modi as he relaxed the norms and regulations for foreign investment in Indian real estate sector. This year home buyers are discouraged by the rumors that real estate builders are unlikely to run out of money. […]

Indiabulls Housing Finance is about to buy 40 per cent stake in OakNorth Bank for $ 100 million

OakNorth, which is a London lender now aims to challenge the dominance of other large global finance companies such as; HSBC, Barclays, Lloyds and Royal Bank of Scotland in India.  Now India is prime destination for investors and it is emerging in as the world’s largest financial centre. Indiabulls Housing Finance, one of the Indian […]

Hard-won green cards may no longer be valuable assets for NRIs as Indian government has signed up FATCA with US government

It seems that US passport will not be priced possession anymore for NRIs due to FATCA (Foreign Account Tax Compliance Act), which was signed up Indian government and US government. Some Indians are planning to surrender their hard-won green cards because now India and US are agreed to exchange financial information for the benefit of […]

In festive season you should buy property or not?

If we will look the business of real estate market at the time of festive season, so we will find that developers and the consultants are on the same side because they are accepting that it will continues to go through a slow time. There are many real estate developers in country which have strong […]

This festive season, housing sales can rise up to 15 per cent

This Dewali, residential property sales may rise up to 15 per cent due to various offers and discounts by real estate developers as there are many real estate developers who are offering 15 to 20 per cent discount through various means. According to real estate experts, this festive season can holds out the hope of […]

Real estate players of Dubai are bullish about Indian investments

All the leading real estate players in Middle East are bullish about high Indian investments because most of the prolific foreign investors in real estate market are about to come, as per the official statistics which shows that Indians have invested more than Rs 30,000 crore in last one year in the Dubai properties. Now […]