CREDAI Pune launches skill development programme
With the real estate industry facing a shortage of skilled manpower, the Confederation of Real Estate Developers’ Association of India (CREDAI) has launched a skill development programme in Pune.
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MCHI claims India Realty Show at Dubai evokes serious NRI interest
The Maharashtra Chamber of Housing Industry (MCHI) has claimed that the three-day India Realty Show 2012 organised at Dubai over the last week-end has evoked an enthusiastic response from among serious property buyers.
India Offices Q4 2011: Concerns remain
Cumulative take-up across India‟s seven largest cities increased by a modest 8% year-on-year (y-o-y) in 2011.
Costly fund chase ahead in 2012-III
A recent industry report shows that FDI in 2010-11 was the lowest in the last four years. According to the FICCI-Ernst & Young real estate report, the FDI in the sector declined to 6 per cent of the total direct investment coming to India in 2010-11.
Delhi slips to 15th position as a real estate investment destination
Rising cost and falling transactions are taking their toll on the property market in both the Delhi-NCR and Mumbai.
Mumbai real estate market – 2012 forecast
With the market set to bottom by out by the second quarter of 2012, we will see the beginning of a recovery in the city’s residential real estate fortunes by the second half of the year.
Rental Housing can address urban housing problems
The ever-increasing housing needs in urban centers have caused home prices to shoot up to extremely unaffordable levels.
Costly fund chase ahead in 2012-II
The combined net debt of India’s 11 listed developers rose 15 percent in the 12 months through June to 385 billion rupees, according to Mumbai-based Edelweiss Securities Ltd.
IL&FS buys 9.4% in Indiabulls’ Worli project for Rs. 200 crore
IL&FS Investment Managers, India’s only listed private equity fund, has acquired 9.4% shareholding in an Indiabulls’ firm that is developing the 8.3-acre Bharat Mills at Worli in south central Mumbai.
2012: Year of cautious optimism for real estate-IV
The much anticipated opening up of Foreign Direct Investment (FDI) in multi-brand retail has renewed interest of several large international retailers in Indian retail market.