Plan Your Investment

The minister for housing and urban poverty alleviation, Kumari Selja has announced a model bill for regulating the real estate sector by August-September timeframe. Talking about the 100 day agenda for her ministry, Selja said that the Model Bill would propose a regulator and aim to address the concerns of consumers as well as the [...]

After struggling for months to sell large parts of its land bank to repay part of its debt, Bangalore-based Sobha Developers Ltd has changed tack. The realty firm is now scouting for joint developments and looking to sell smaller plots to keep the cash flowing. Several realty and infrastructure projects have been deferred or scrapped [...]

Buying home is everyone’s dream and it become very difficult in the current scenario. That too in the cities like Bangalore, Chennai, Mumbai, etc. it is even more difficult to afford a decent house or apartment. The reason is the properties are over valued and high rates of Home Loans. Information Technology (IT) development is [...]

The demand for Real Estate in smaller cities and towns has plunged nearly 35 per cent in the first seven months of the current fiscal, as many realtors deferred their projects owing to higher borrowing costs. The sharp decline in demand for property was witnessed in Tier II and Tier III cities including Pune, Chandigarh [...]

Real Estate developers in India should lower prices given the general slowdown in the Economy, the Confederation of Real Estate Developers’ Associations of India (CREDAI). “Some developers across the country have already reduced prices, CREDAI now requests all its members to do the same,” the real estate body, which counts over 3,500 developers as members. [...]

Real estate companies are likely to slash prices to boost demand in reality business. It is to be noted that Union Finance minister, P Chidambaram recently asked industry to slash prices so that the desired targets of industrial growth can be achieved. Realtors seem to get the message and are expected to decide on price [...]

The ongoing world economic crisis has widely impacted the real estate sector. The largest real estate company in India, DLF has announced various measures to cut costs and reduce unnecessary expenses. DLF would terminate services of some of company’s employees and stop working on some of its projects. Unitech and Parsvnath Developers also retrenched their [...]

Many large realtors are in dire financial straits, their shares have been battered and real estate prices are dropping. As with all economic transitions, this one too has both good and bad aspects. The good comes from the fact that the vertiginous rise in real estate prices over these past five years had put home [...]