Kerala CREDAI elects new governing body
K V Abdul Azeez, CMD of Skyline Group, has been chosen the chairman of Confederation of Real Estate Developers Association of India (CREDAI), Kerala.
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Gold Souk denies links with Gold Sukh Trade India
With reference to the media reports on scam in Gold Sukh Trade India in Jaipur, the real estate developers Gold Souk has denied any links with this company and has issued a release to “inform the general public at large that some person(s) is/are misusing the name of ‘GOLD SOUK’.
Indian realty expo in Doha tomorrow
Confederation of Real Estate Developers’ Associations of India (CREDAI)’s Kochi chapter is organising a two-day property expo, along with Times of India, starting tomorrow, Nov 18, at Regency Hall, Doha.
Unitech net profit dips 47% cuts debt by Rs 191 cr
Unitech Ltd reported a 47 per cent fall in its net profit for the second quarter ended September 30 on the back of rising input cost and interest rate hike, among other factors.
Kerala plans realty regulator
The Kerala Government has proposed to constitute a real estate regulatory authority to monitor and guide builders and developers in the State.
Nitesh Estates signs up Rs. 300 cr residential project in Bangalore
Nitesh Estates has signed up a Rs.300 crore residential project in Bangalore. The project spread on more than 4 acres of land, will have nine lakh square feet development aimed at mid and upper mid income segments.
CRISIL finds tier-II cities more attractive for retail loan products
CRISIL Research expects tier II cities will be the demand drivers and lead finance penetration and entry of more players to drive faster growth in retail loans demand.
Indian Angel invests $1 mn in realty portal GrOffr
Angel investors, Indian Angel Network has invested $1 million in the Mumbai-based real estate portal GrOffr.com for a minority stake.
Unitech ramping up retail business to invest Rs. 2,000 cr
Unitech Ltd is expanding its retail development business and plans to invest around Rs.2,000 crore over the next three years to develop about 2 million sq. ft of premium and luxury shopping malls.
NHB finds fall in property prices in seven cities
Property prices in seven cities across India dropped by 2.63 per cent to 17.6 per cent during the January to March quarter, according to the latest data released by the National Housing Bank.