Digital technology has touched every part of our life. So how can the multi-billion dollar realty sector remain untouched by it? Right from setting up branded YouTube channel that showcase walkthroughs of upcoming projects, to hiring social media marketing firms, real estate players such as Godrej Properties, Tata Housing and Adani are joining the digital […]
August 9, 2014 2:06 am
Real estate players are now resorting to the issue of non-convertible debentures (NCD) to raise the capital. Recently, Intime Properties, a part of the K Raheja Corp group raised Rs 340 crore through the issue of non-convertible debentures with a fixed rate of 9.95 per cent. According to a statement issued by the real estate […]
August 8, 2014 7:27 am
In a major development, the finance ministry has allowed the public sector banks to use their real estate to raise money from the market through Special Vehicle Purpose (SPV). Most of the properties which would give handsome gains to banks are situated in metropolitan areas such as Mumbai, Chennai and Delhi. G S Sandhu, the […]
August 7, 2014 3:20 am
Reserve Bank of India (RBI) left key interest rates intact as previous in its 3rd bi-monthly monetary policy review, so the EMIs (equated monthly installments) for automobile, home and other loans would remain unchanged. Several sectors such as; real estate, automobiles and other have been struggling to keep up sales or profit due to high […]
July 25, 2014 10:24 am
US NRIs have been always keen on investment in their home country. The demand for Indian real estate is estimated to be 25-30 lakh. However, it is not the same case in all the Indian cities. There are end users who want to invest in some specific cities for their families preferences as well as […]
July 18, 2014 4:52 am
Expect residential properties in Mumbai-Thane to come within your reach soon! The Maharashtra Housing and Area Development Authority (MHADA) has chalked out a comprehensive joint venture plan with private land owners as well as real estate developers in Mumbai and the rest of Maharashtra to make more land available for construction of affordable homes for […]
July 11, 2014 6:20 am
The real estate sector is considered as one of the most important sectors for the economic growth of the country. With very promising plan of providing housing to everybody maximum by 2020, the new government headed by Prime Minister Narendra Modi has taken a very important decision in making few amendments in the law related […]
June 16, 2014 8:54 am
Real estate trades are no doubt a huge task, but sometimes it becomes more disturbing due to our own lack of planning. While planning to sell your property even if for the first time, you may want to stay one step ahead. It is better to have a checklist beforehand to avoid any mistakes. Following […]
June 6, 2014 5:14 am
In the previous years due to highly quoted prices, Mumbai real estate industry had to go through slow down in sales and responses. Several projects were left incomplete due to lack of environment clearance, disputed lands, incomplete approval from authorities, and very often builders were lacking financial support. With the win of Modi led BJP […]