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World Bank projects 17% FDI inflows

While the foreign direct investment flows (FDI) dependent Indian realty market is awaiting a good fortune, a World Bank report brings cheer to the industry. It says the FDI into developing countries including India is expected to recover over the nex...

December 14, 2010 | Posted in : Policy | Read More
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Mumbai realty market awaits policy change

The Mumbai realty market is awaiting a policy change by the Maharashtra Government that could appreciate the prices in South Mumbai, while soften up the market in the suburbs. Real estate prices in South Mumbai range between Rs 20,000 and Rs 1 lakh p...

December 14, 2010 | Posted in : Policy, Regulation | Read More
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MCHI realty expo attracting NRIs

The Maharashtra Chamber of Housing Industry’s (MCHI) 14th India Realty Expo 2010 has expressed satisfaction over the non resident Indians (NRIs) keen interest. The MCHI said in a statement that many NRI couples were looking up and evaluating option...

December 11, 2010 | Posted in : Policy | Read More
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Mumbai govt wakes up to map & record plots

In the wake of Adarsh society controversy the Mumbai government has suddenly woken up to the reality that they don’t have authentic records of land ownership and maps of many plots in one of the costliest addresses in India, South Mumbai. The state...

December 11, 2010 | Posted in : Policy, Regulation | Read More

NRIs apprehensive to invest in India

A study by Assocham last year on the real estate scene in India indicated that the large Malayali and Punjabi NRIs are buying the houses of their liking. The study was based on the fact that Malyalis and Punjabis have migrated in hordes over the year...

December 10, 2010 | Posted in : Policy | Read More
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CREDAI against Real Estate Act

The Confederation of Real Estate Developers’ Associations of India has expressed displeasure about the proposed Model Real Estate (Regulation of Development) Act in its present form, saying it could lead to an escalation of prices of housing stock ...

December 7, 2010 | Posted in : Policy, Regulation | Read More
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Is private equity back in Indian real estate?

With the return of confidence in the sector, Indian real estate players are now once again looking at private equity funding. That said, the industry still depends heavily on bank debt, NBFC funding and end-user advances. This is because bank debt is...

December 5, 2010 | Posted in : Policy | Read More