Real estate welcomes CRR cut by RBI
The real estate sector has welcomed the CRR rate cut by the RBI and said it will help revive demand in the housing segment.
The real estate sector has welcomed the CRR rate cut by the RBI and said it will help revive demand in the housing segment.
The NCR unit of CREDAI has given some relief to the home buyers of Noida Extension by directing all developers to not charge any interest on pending EMIs.
India received foreign direct investment (FDI) worth $2.83 billion in August, an over two-fold jump compared to that in the same month last year, an official said on Monday.
The RBI move to raise the repo rate by 50…
A prominent group in Singapore plans to act as a facilitator to bring in China’s savings into the Indian economy and other South Asian countries.
Oberoi Realty plans to expand its land holdings in key cities as debt-laden rivals struggling with rising costs and slowing sales look to cut assets.
Finally, India’s biggest commercial land deal was done in Noida on Friday. So far Noida has not declared officially the name of the bid winner but sources said that the bid for commercial plot worth Rs 6,500 crore has been made.
In what real estate experts see as a sign that land rates are becoming more realistic, a 135-acre plot that belonged to the defunct PAL-Peugeot auto company in Dombivli has been auctioned off to Metropolitan Infra Housing Pvt Ltd (a subsidiary of Gammon India) for Rs 601 crore.