The Delhi state government on recently hiked the circle rates by up to 250% for sale and purchase of property, as this would curtail the flow of black money into the sector. According to realtors’ body CREDAI (Confederation of Real Estate Developers’ Association of India),…
Delhi Development Authority : Seals towers in Common wealth Games Village
About 60 flats, most located in 2 towers of the Common wealth Games Village, were sealed on recently by the DDA (Delhi Development Authority). These flats belong to developer EMAAR MGF & have already been sold. Two of the 34 towers were completely sealed 28 flats in to…
REALCON 2011: Real Estate Exhibition in Chandigarh
REALCON 2011 is North India's first international and national exhibition on real estate. It focusing on Showcasing development, construction activities of developers, Exploring investment opportunities in Gulf countries especially United Arab Emirates. Exhibiting comp…
Prism Cement : Set up 1,000 acres cement plant in AP
The AP (Andhra Pradesh) Cabinet has approved the allotment of 1,000 acres for Prism Cement in Kurnool district of the State to pave way for setting up of a cement manufacturing unit and related infrastructure including township and 200 acres for Nelcast Corporation for the …
NHAI : Launch Rs. 10,000 Crore retail tax free bond
The NHAI (National Highways Authority of India) will launch its up to Rs. 10,000 Crore retail tax free bond issue by the last week of November, 2011. The NHAI has picked SBI Capital Markets and AK Capital as merchant bankers for the issue. Central government has allowed 4 fir…
Indian Real Estate shares – Intraday Tips For 3 November 2011
Recommendations for 3 November 2011 Scrip Trigger Price Stop Loss Target 1 Target 2 DLF BUY ABOVE 237.80 235.70 240.45 244.05 SELL BELOW 233.10 235.20 230.55 227.10 Scrip Trigger Price Stop Loss Target 1 Target 2 UNITECH
Today's Investing Mantra - Benjamin Graham
"The intelligent investor is likely to need considerable will power to keep from following the crowd." - Benjamin Graham
House buyers should wait for price correction
House buyers should wait for price correction
- Mr. Anuj Puri, Chairman, Jones Lang LaSalle India
If the current economic conditions have proved nothing else, they certainly prove that investment in Indian residential real estate is impossible to write off, ignore or find …
BAI - Southern Centre: Plans Property Exhibition in December
The Builders Association of India, Southern Centre plans to organise a 3 day residential property exhibition namely 'House Hunt – Expo 2011" from December 2, 2011.
The property exhibition is to be supported by leading financial institutions. A seminar on urbanisati…
Sovereign Wealth Fund for Indian infrastructure financing
The Industry ministry on recenlty pitched for setting up of SWF (Sovereign Wealth Fund) for infrastructure financing, which requires an estimated Rs. 45 lakh crore ( $1 trillion) in the next 5 years.
In a discussion paper on infrastructure financing, the ministry said, '…
