CREDAI: Concerned at the increase in Repo Rate

Express the need to provide priority sector status to affordable housing project funding Note: Please also find the attached photograph of Mr. C Shekar Reddy President CREDAI- National The Confederation of Real Estate Developers’ Associations of India (CREDAI) the apex body f…

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Integrated Satellite Township near Madurai

An integrated satellite township will come up in the outskirts of Madurai, the temple town in southern India The township is planned  about 15 km from the city near Madurai airport. Tamil Nadu Housing Board has 586.86 acres in Thoppur and Uchappati villages on the Madurai-Ti…

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REQUEST FOR ADVERTISEMENT IN ASSOCHAM’S 12TH EDITION OF DIRECTORY ON CONSTRUCTION AND REAL ESTATE INDUSTRY - 2013

ASSOCHAM are pleased to inform you that earlier Eleven Editions of ASSOCHAM’s Directory on ‘Construction and Real Estate Industry’ were widely circulated and well received by all segments of the construction industry, corporate houses, bureaucrats, Embassies in India and In…

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Dampened Festive Spirit Leads to Big Drop in Shopping Mall Footfalls: ASSOCHAM

Malls see 35% decline in footfalls: Malls magic seems to have disappeared this festive season! Shopping malls which are already suffering from large vacant space is expected to see a sharp decline of 35-40 per cent in footfalls in the ongoing festive season as economic slowd…

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IIMB, MagicBricks HSI ­ Capturing Home Buyers Future Purchase Intentions

Magicbricks & IIM (Bangalore) release India’s first robust “Housing Sentiment Index” for the Real Estate Sector Global academic leaders, Indian Institute of Management Bangalore (IIMB) and India’s  leading property portal, Magicbricks.com (MB) collaborate and release the…

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FDI IN INDIAN REAL ESTATE SECTOR : 2012 -13 stood at USD 133.20

FDI inflows in Construction sector for 2012 -13 stood at USD 133.20 crore as against USD 314.10 crore during 2011-12. Despite the decline in FDI amount, the share of the total FDI inflow in construction, real estate &  housing sector grew from 6 % of cumulative inflow till 2…

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TTK Group’s Real Estate Marketplace HomeShikari.com in talks to raise Rs. 30 crore Lakh to expand to more cities..

HomeShikari.com, a real estate marketplace owned and operated by Bangalore-based business group TTK Services Pvt Ltd, is in talks with a few Indian VC investors to raise up to Rs. 30 crore ($ 50 lakh) to expand to 7-8 cities in the next couple of years.  Mr. P. Sunder, co-fo…

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India’s only Luxury Housing Section now goes National - launched by Magicbricks..

Magicbricks.com are delighted to announce the National Launch of the Luxury section on India’s Biggest Property Portal. Being the leader in the category, it is imperative for us to grow and develop the market. Towards this end, we have launched India’s First  (& currentl…

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IndiaProperty.com: Launches Verified Listing and 3D Floor Plan..

IndiaProperty.com launches ‘Verified Listing’ and ‘3D Floor Plan’ features on its website. According to a press release, Verified Listings will feature properties that are verified & certified by a team of dedicated researchers and property managers at IndiaProperty.com.…

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Real Leader Award for South India Shelters

Chennai based developer, South India Shelters, was conferred the "Real Leader" award for their contribution to the community. The award was presented during the premier Indian Realty Awards 2013 - News makers of the year, organised by Hundred Communications,a bouti…

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Urban Land Owners in Tamilnadu to Get E-Pattas

Land owners in urban areas of Tamil Nadu (TN) would soon get their pattas in e- form starting this year (2013) . An order to that effect has been made by Chief Minister Ms. J. Jayalalithaa,who has also allocated Rs. 10 lakh towards that work, a state release said. As part of th…

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DLF Ltd sells non-core assets worth Rs. 147 crore to Pare Debt

DLF Ltd, India's largest real estate developer by market value, sold  two non-core assets worth Rs. 147 crore ($ 24 million),  the company said on recently, as part of its effort to pare debt. DLF Ltd divested a majority stake in a subsidiary for  Rs. 79.80 crore and com…

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Supplying of Ayudha Pooja Gift Packs on Bulk

Concentrate on your core business and forget to arrange Ayudha Pooja Celebration Gifts. Delivered Quality gift packs on Bulk Supply with following Options. Option 1:  Package Rs.140  each Pori Packet – Bigger size Aval – Kadalai Vellam Fruits – Apple, Guava, Sweet Lime, Banana Pac…

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HUDCO: Debenture Issue Oversubscribed

Retail investors have given the thumbs up to Housing and Urban Development Corporation’s (HUDCO) Rs. 750-crore tax-free non-convertible debenture (NCD)issue. The retail investor portion (Category 4) was subscribed close to 3 times (2.94 times or /  88.08 lakh bonds) of the a…

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No Unsold inventories : Says DLF Ltd..

DLF Ltd, India's largest real estate company, recently said it has no unsold inventories despite slowdown in the property market as the company mostly sells flats before the start of construction of projects.  DLF Group Executive Director Rajeev Talwar said, '' &…

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Jones Lang LaSalle Closes Largest-Ever Land Deal In Kolkata

2 Mn. Sq. Ft. Land Parcel Acquired By Alchemist Township India Limited B iggest Ever For Eastern Metropolis Leading international property consultant Jones Lang LaSalle India has announced the successful closure of the largest land transaction in Kolkata to date. In this deal, D…

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