Encouraged by price correction and lowering of interest rates, the real estate market, after a period of relative inactivity lasting the first few months of the year, witnessed improved levels of activity on the part of retail investors in the residential sector, especially in the low to mid-end housing segment, said experts as well as […]

Encouraged by price correction and lowering of interest rates, the real estate market, after a period of relative inactivity lasting the first few months of the year, witnessed improved levels of activity on the part of retail investors in the residential sector, especially in the low to mid-end housing segment, said experts as well as […]

In a move expected to give a big push to the housing sector in Gurgaon and Faridabad, the Haryana Housing Board is in the process of inviting expressions of interest for building 8,000 flats in these cities and some other places in the national capital region areas. This is in addition to the 38,000 housing […]

Rajasthan has emerged as the leading state in the northern region for attracting the largest planned investment in 2008-09, industry body Assocham said on Wednesday. “Rajasthan has cornered planned investments worth Rs 69,052 cr from India Inc in 2008-09 for upgrading and modernising its infrastructure in nine areas among nine northern states,’’ the chamber said.
Haryana […]

Investors and analysts have begun re-rating the realty sector on optimism that the worst may be over, as the efforts of recent months and a stable global environment will help developers attract funds and boost earnings. Developers in the past year have restructured debt, sold non-core assets and tweaked product mix, helping to push up […]

DLF Ltd., India’s biggest developer, posted a third-quarter profit of 21.45 billion rupees ($544 million) on growing demand for houses, offices and hotels in Asia’s third-largest economy. Sales at the company and its units totaled 36 billion rupees in the three months ended Dec. 31, compared with 33.5 billion rupees in the second quarter, New […]

The recent meltdown and the following volatility in the broader markets has left two sets of believers on the streets: one set believes in bubbles, and expects them to burst at periodic intervals, while the other believes there is a fundamental reason innate to these so-called bubbles, which is the strong undercurrent of robust domestic […]

Textiles firm Pearl Global Ltd said on Tuesday it was in deal with DLF Retail Developers, an unit of DLF, to develop 9.20 acres of land in Gurgaon near Delhi.
The company said in a statement it has cancelled an earlier agreement with Ansal Properties and Infrastructure Ltd to develop the same plot. It did not […]