HDFC Red: Online Property Search Portal in Kolkata

India's Housing finance major HDFC has expanded its services to potential customers with online property portal HDFC Red (Real Estate Destination) Mr. Sohel I S, CEO, HDFC Developers  said, "It is a free service to people to help them in property search. Earlier i…

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Share Review : Gateway Distriparks Target Rs. 190

Gateway Distriparks (GDL) is the only logistics facilitator in India, with 3 verticals which are synergistic and capable of being interlinked – container freight stations (CFS), inland container depots (ICD) with rail movement of containers to major maritime ports and cold …

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Tata Housing: Launches low cost integrated township

Tata Housing in collaboration with Arvind Real Estate on announced the first phase of the low cost integrated township scheme namely Shub Griha A special purpose vehicle (SPV), Arvind and Smart Value Homes LLP, has been created for the project which is aimed at providing b…

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Unitech: 7,000 acres land bank

India's major realty company Unitech's performance for the quarter ended December 31, 2011 was characterised by lower sales, contracted margins, slow execution of projects and an unchanged debt burden. The consolidated net profit of Rs. 58 crore has been the lowest…

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CREDAI Bengaluru, Bangalore Realtors Association : Bilateral Agreement

CREDAI Bangalore Chapter has added another feather to its cap by joining hands with BRA-I (Bangalore Realtors Association India). Both the real estate bodies signed this epoch making bilateral cooperation agreement. This association will enable both the trade bodies to exc…

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Union Bank Of India: May cut home loan rate next month

The Mumbai based public sector bank, Union Bank of India may cut interest rates on home loan next month. Mr. M.V. Nair , CMD ,Union Bank of India  said, ''If NIM (net interest margin) continues to hold strong, we may reduce rates especially on the retail sides like h…

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Realty Plus Excellence Awards : March 2, 2012

Bengaluru  is going to play host to ‘Realty Plus Excellence Awards (RPEA) 2012’, a mega annual event, keenly awaited in the Indian real estate sector. Organised by Realty Plus, the India's leading real estate magazine, ceremony to be held at Bengaluru’s Matthan on Frida…

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PropEquity Survey : 77% housing projects in NCR delayed

According to a survey by real estate research PropEquity, 'One third of the housing projects in Mumbai & Bangalore and over two- third in NCR (National Capital Region) will be unable to complete work on time mainly due to a severe fund squeeze, released on Friday. …

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Muthoot Finance NCD: Issue to open on March 2, 2012

Gold loan company, Muthoot Finance Ltd, will launch another NCD (Non Convertible Debenture) issue on March 2, 2012. Mr George Alexander Muthoot, Managing Director, Muthoot Finance Ltd said, ''Our company will look at mobilising Rs. 500 crore primarily from retail in…

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Real Estate Players Want Industry Status in Budget, 2012-13

India’s property consultants and real estate developers have demanded industry status to the real estate sector in the forthcoming Budget, 2012 - 13. They have also sought incentives to promote affordable housing segment and  an increase in the income tax exemption on housi…

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