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Finance Minister urges real estate to be poor sensitive

Finance Minister Pranab Mukherjee has urged the real estate sector to be sensitive to the purchasing power of the poor while pricing their housing units. Speaking at the 10th national convention of the Confederation of Real Estate developers” Association of India (CREDAI) in New Delhi on Dec 16, Mukherjee also called for greater integrity in development, construction and marketing or real estate business.

Reports India real estate News, Real Estate NEws India, Track2Media, Realty News India, India Property News, Property News India, Property India, India Realty News

JLLM forecasts realty revival in 2011

After one and a half years of gradual consolidation, real estate in India has fathomed its own comfortable ground, and is poised at the right threshold to take a giant leap in years to come, according to the forecast of the Jones Lang LaSalle, the global real estate services firm.

Company News India real estate news, india property news, india realty news, realty news india, real estate news india, property news india, track2realty, track2media, natcon, credai

CREDAI 10th NATCON to focus on affordable housing

The 10th National Convention (NATCON) of Confederation of Real Estate Developers’ Association of India (CREDAI) is being held in New Delhi, Dec 16-17, and the focus this year is on the affordable housing. The convention will be attended by more than 600 leading real estate developers, heads of financial institutions, fund managers, bankers, state & central government representatives, realty professionals and international experts. The convention will highlight the areas of concern in providing affordable housing to meet the growing need of creating inclusive development in the sector.

Policy India Real Estate News, Real Estate News India, India Property News, Property News India, India NRI Property News, NRI Real Estate News India, Track2Media, Track2realty

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 next couple of years and is projected to increase by 17 per cent in 2010.

Policy Mumbai Property, India Real Estate, Track2Media, Track2Realty, Realty News, India Property News, India Real Estate News, Real Estate News India, NRI Property News India

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 per sq ft, whereas the rates in the suburbs range between Rs 6,000 and Rs 40,000 per sq ft.

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Panchshil Realty hires Yoo Design

Construction and real estate development company Panchshil Realty has roped in internationally acclaimed design company, Yoo Design Studio, to design ‘Yoopune’, a residential project that is coming up in Pune. For Yoo, a company promoted by Philippe Starck and John Hitchcox, a renowned property entrepreneur, it is the debut project in India.

Headlines India Real Estate News, Real Estate News India, India Property News, India Realty News, Track2Media, Track2Realty, Realty News India, Realty India

Raheja launches Vedas

Religion it seems is the buzz word for Raheja Developers to attract more buyers. The company has launched ‘Raheja Vedas’ a residential project in Sec-108, Gurgaon. Situated near the upcoming Dwarka Expressway, the diplomatic enclave Dwarka in Palam Vihar, Vedas claims to be a modern facility with high-end specifications.

Headlines India Real Estate News, Real Estate News India, India Property News, Property News India, Track2Media, Track2Realty

Nitesh launches villa in Goa

The Bangalore based Nitesh Estates Ltd has announced the launch of a high-end villa project in Goa – Nitesh Fisher Island. The project spread over 9.3 acres and comprising 36 very high-end villas, exclusively designed for the who’s who of the country.

Reports India Realty News, Real Estate News India, India Real Estate News, Track2Media, Track2Realty, India Property News, Realty News India

Working Indians prefer realty: ASSOCHAM

While there seems to be a crisis of credibility in the real estate sector on part of the investors, a survey by the Associated Chambers of Commerce and Industry of India (Assocham) says otherwise. It says the traditional investment options like gold, government bonds and bank fixed deposits are considered old school.

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