Hiranandani Palace Gardens has accepted to file an undertaking in the court that the developer will not create any third-party rights in respect of mortgaged properties
DLF announced a plan to raise about Rs 1,000 crore through issue of securities backed by mortgage of two retail assets by November-end, as part of its strategy to replace costlier debt.
Vastushodh Projects is all set to get a boost in its endeavour to provide housing for middle and lower income groups with Avenue Venture Partners.
For the first time the group, with more than 40 years of experience in real estate development, would be venturing in South India.
Gera Developments announced the launch of Gera’s Imperium Green, the next generation green building of Goa.
Average housing price inched up by a meagre 0.89%, although property rates were nearly 14% higher from year-ago levels, an RBI report said.
Home buyers across the country expect real estate prices to fall over the next six months, according to the Housing Sentiment Index (HSI).
The bonds would open a new source of capital for a commercial property sector weighed down by $22 billion of bank debt and sluggish rentals.
Housing sales have risen by 18 per cent in the Delhi-NCR region during the first half of this year at 35,000 units, showing signs of improvement in the property market that has been facing slowdown in demand.
Real estate has emerged as a hot investment destination with banks, as economy falters, prompting banks to rush to fund commercial realty. Real estate has emerged as a hot investment destination with banks, as economy falters, prompting banks to rush to fund commercial realty.
The Housing Sentiment Index (HSI) has dropped almost 20% over the past quarter across India, except in Bangalore.
The Centre will soon appoint real estate experts and consultants in 15 major states for helping them to prepare affordable housing policy and streamline the rules for approving realty projects, a top government official said today.
Buyers were also promised membership in the DDA sports complex next door, but that has not happened.
Mumbai-based Property Owners Association is going to challenge the Municipal Corp. of Greater Mumbai’s revised basis of property tax computation. Buyers were also promised membership in the DDA sports complex next door, but that has not happened.