Current Affairs

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Value Buying Is Back In Business

These days, realty buyers are mainly looking at the sub-Rs 40 lakh category and it is the 2BHK which has emerged as the favored format for buyers in these times. Developers also feel that the current hot-selling flavour of the... (Continue reading)

Unitech To Invest 1,880 Crore In New Projects

To keep pace with the sales growth, Unitech Ltd is looking to aggressively ramp up its lagging construction activities in the next two fiscals. The developer booked a project cost (total construction cost) of Rs1, 340 crore in the fiscal... (Continue reading)

Demand For Residential Property Boosted By Returning NRIs

Demand For Residential Property Boosted By Returning NRIs

This year, an estimated 25 million NRIs living in 130 countries have remitted US$52 billion. In fact, India topped the list of countries in remittance flow followed by China and Mexico, World Bank report on Migration and Development Brief revealed. This... (Continue reading)

Real Estate Investment worth Rs25k cr in Trouble Due to Water Crisis in Mumbai

The Maharashtra government’s decision not to provide water connection to high-rise buildings (above seven floors) in Mumbai till 2012 has dealt a body blow to the city’s real estate developers. Developers and independent observers said investments of over Rs 25,000... (Continue reading)

Godrej to launch Ahmedabad township

Expediting work on its mega township project in Ahmedabad, Godrej Garden City, Godrej Properties Limited will be launching the first phase by January 2010. Work on one million sq ft of the first phase of Godrej Garden City is expected... (Continue reading)

MMRDA at a glance in 2009

The Mumbai Metropolitan Region Development Authority (MMRDA) has indeed implemented a few projects, and successfully at that, for the betterment of this vibrant city. “Traveling from the Western suburbs to the Eastern suburbs was an arduous task, to say the... (Continue reading)

New projects for West Bengal under JNNURM approved

The Central Sanctioning and Monitoring Committee (CSMC) for sanctioning of projects under Sub Mission of UIG under Jawaharlal Nehru National Urban Renewal Mission (JNNURM) has approved new projects for West Bengal. The storm water drainage project in Budge... (Continue reading)

Diploma in Integrated Real Estate Marketing Certification Course

Diploma in Integrated Real Estate Marketing Certification Course

Overview: Real Estate marketing is just not sales or PR process. It has evolved with international marketing process, into new global standards. We need to refresh our skills and employ new ways and means of Real Estate Market. It is... (Continue reading)

Ministry of Housing and Urban Poverty Alleviation, 2009 Review

Year End Review A. POLICY 1. Follow up on National Urban Housing and Habitat Policy (NUHHP), 2007: 1.1 The Policy along with tabulated statement indicating the various... (Continue reading)

RBI comes up with stricter norms for Priority Sector Lending

It has been brought to the notice of the Reserve Bank that certain scheduled commercial banks are extending short-term loans of tenure ranging from six months to one year to Housing Finance Companies (HFCs), and classifying the same as priority... (Continue reading)

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