2011

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2011 real estate trends and expectations for 2012

2011 real estate trends and expectations for 2012

By Samir Jasuja, Founder and Chief Executive Officer at PropEquity, a real estate data, intelligence and analytics provider 2011: A slower than expected economic growth Year 2011 witnessed many significant developments that impacted the Indian economy. Rising inflation, depreciating rupee... (Continue reading)

White Knights a succor for wounded property market

By Accommodation Times (www.accommodationtimes.com) The contemporary property market condition is a big reason of worry not only for Builders but for housing finance companies and homebuyers too. As sales graph is going constantly down, due to lesser sales realtors are finding... (Continue reading)

CBI raided to eleven premises in MP, Maha pertaining to housing scam

By Accommodation Times (www.accommodationtimes.com) Bhopal: Central Bureau of Investigation (CBI) has conducted sleuths in eleven locations Bhopal in MP and Nagpur in Maharashtra related to probe housing loan irregularities for Rs. 138.52L. Senior officials alleged that the erstwhile public sector officer and... (Continue reading)

More than 8months delay in flat registration, pay more

By Accommodation Times (www.accommodationtimes.com) Mumbai: If flat owner delay more than in registering of their properties have to pay the stamp duty as per the current market rates according to the new circular issued by the Maharashtra inspector-general of registration (IGR). The new... (Continue reading)

MMRDA to dish out rupees 1500-crore road network for motorists in 2012

Milan ROB, Sahar Elevated Road, Eastern Freeway, flyovers at Barfiwala, Panvel and Kapurbawdi to be completed in the next year By Accommodation Times (www.accommodationtimes.com) Mumbai, December 29, 2011 – The motorists in Mumbai and Mumbai Metropolitan Region can now add a spring... (Continue reading)

DLF, Hubtown sell Pune IT SEZ for 810cr to Blackstone

By Accommodation Times (www.accommodationtimes.com) The co-owner of Pune IT SEZ DLF and Hubtown has announced that they have sold it to private equity fund Blackstone for . 810 crore. An IT SEZ located un Pune’s Hinjewadi area which has been sold to... (Continue reading)

State govt approved new housing regulatory act

By Accommodation Times (www.accommodationtimes.com) Mumbai: Normally flat owners has been cheated by the builders now can take a sigh of relief, as the state government has sanctioned the proposal to enact a new Act containing provisions to set up a housing... (Continue reading)

Unitech has lowered debt by 40%

By Accommodation Times Unitech Ltd. said it has lowered debt by 40% in last two and half years and would further reduce the borrowing in coming quarters from operational cash flows. “We have reduced our gross debt significantly from over Rs 90... (Continue reading)

Godrej and Boyce Co picked 0.83% stake in Godrej Properties

By Accommodation Times Bureau Godrej and Boyce Manufacturing Company picked 0.83% stake in Godrej Properties on Friday at BSE. It bought 0.58 million shares of the company at Rs 656.25 a share amounting to Rs 380.62 million. On the other hand, Godrej... (Continue reading)

SEZs for Promotion of Exports

SEZs for Promotion of Exports

By Accommodation Times Bureau The main objectives of the SEZ Act, 2005 are:- (i) generation of additional economic activity (ii) promotion of exports of goods and services (iii) promotion of investment from domestic and foreign sources (iv) ... (Continue reading)

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