News

Property prices going up in Dubai

Oct 22, 2009

The cost of premium apartments in Dubai rose during the third quarter of 2009, recent figures have revealed. More>>

‘Go-Green’ for Indian property market

Oct 21, 2009

According to the recent researches and studies, it is being noticed that the Indian real estate market is ‘Going Green’. It has been debated that real estate sector in India is becoming increasingly environmentally-friendly, but the residential market is some way behind the commercial sector. Expert comments that the supply of green space in the country is growing. More>>

Cement Prices in India may decline

Oct 20, 2009

The cement price in India may decline in coming two quarters, as per industry experts. In recent review, it was reported that the cement industry has increased the production capacity to an additional 30 million tons. More>>

Construction work for 2010 Commonwealth Games behind schedule

Aug 25, 2009

The government of India announced the preparations for the upcoming Commonwealth Games in 2010 is behind schedule. Construction works for more than 75 per cent of the sporting venues are behind schedule. The transport projects in the country capital are also in a dilemma and chances are high that these may not complete in time. More>>

Rise expected in Indian Real Estate prices

Aug 20, 2009

Industry experts in Indian Real Estate industry recommends investors and property buyers in India to buy property in 2009 as Real Estate prices are expected to rise soon. They advised to look at a five year cycle which can make good profits. More>>

Indian Housing Projects will get extensions to existing Tax Incentives

Aug 05, 2009

India's finance minster Pranab Mukherjee has announced that extensions to existing tax policies for housing projects will be implemented soon. This is much promising news for the real estate industry in India. As per previous tax rules and regulations, property developers that launched projects before March 31st 2007 were eligible for income-tax deductions. More>>

Indian Economy may expand 7 per cent

July 29, 2009

Dr. Manmohan Singh, the prime minister of India announced that the economy in India might expand by as high as seven per cent in 12 months. This figure is considering the time period up to March 2010. He also made clear that the medium term goal should be to archive economic growth between seven to ten percent. More>>

India will see a rise in Real Estate prices

July 22, 2009

India has experienced a stable market and economic conditions in recent months, despite the world economy were going through tough situations. Major setbacks for the global economy recently were H1N1 which didn’t create a big issue in India, as of today. More>>

Central Budget not promising for builders and developers in India

July 14, 2009

Many builders and developers in India are not happy with the recent central budget. The major concern is that government has not taken actions and measures to support affordable hosing to the middle class. The tax deductions expectations were higher this time, which should have helped the housing sector. More>>

High Profile Indians prefer to invest in Indian Real Estate

June 24, 2009

Indians staying in India having high potential to buy properties are interested to invest in India rather than in foreign countries. Statistics show that only 2% of investments go to overseas real estate markets from the wealthy bunch of real estate investors. This is a good sign for the Indian real estate market. More>>

High potential for South Indian Property Market

June 24, 2009

Many Indians prefer to invest in India rather going out and this has given an urge to the property market. At the same time, another good news for the South India real estate sector, as it has been identified as an area that has strong potential for real estate investors. More>>

Keeping within budget is key in Indian Construction Industry

June 18, 2009

Many builders and developers are marketing their products 30% lower than their listed price. This means reduction in margins. This is tempting many of the builders to reduce the costs especially for construction. Many have taken steps to minimize the costs of constructing property in India. More>>

Shanghai, China – New Destination for Foreign Property Buyers

June 18, 2009

China's National Bureau of Statistics revealed a 6.5 per cent rise in the value of real estate investment across the country during the first five months of 2009 – many thanks to international buyers! More>>

India’s economy may outperform China’s economy this year

June 16, 2009

The Indian economy maintained the 5.8 per cent rate of expansion in the first quarter of 2009. These figures are same as that of figures three months before. At the same period, the gross domestic product in China dropped from 6.8 per cent to 6.1 per cent. More>>

More roof-top gardens in Singapore city

June 16, 2009

Any person travelling out of Singapore Changi airport towards the Singapore city will first get a feel of greenery forest on either sides of the express highway. Singapore has always added different ways to increase the greenery in its urban areas. More>>

GRI India 2009 Real Estate Conference to be held in Mumbai, India during Sep 2009

May 28, 2009

GRI India Conference will be held in Mumbai this year. The event is scheduled to happen on 23rd and 24th of September 2009. More>>

Monsoon comes earlier in Kerala

May 25, 2009

Monsoon started earlier in Kerala as the dry wind coming across the Arabian Sea reaches the state limit very earlier. Weather forecast centre has noticed earlier that monsoon will come to Kerala on 26th of May. Weather forecast centre also confirmed the arrival of monsoon in Kerala. More>>

South Indian Bank goes paperless in loan-processing

May 25, 2009

Seeking to improve its credit-processing and corporate loan sanctioning system, the South Indian Bank yesterday introduced a new Credit Automation application in order to serve its loan customers efficiently and to ‘go green’. More>>

Builders and Developers happy with the new stable central government

May 25, 2009

As new central government lead by Dr. Manmohan Singh takes office in New Delhi, Builders and Developers in Kerala are happy. They always look for a stable government especially in the centre. They look for static and proactive real estate policies which will assist the property sector in Kerala and in India. More>>

Demand for houses in Trivandrum on a rise, as schools reopen soon

May 21, 2009

Families started looking around for rental flats and houses in capital city of Kerala as schools will reopen in few days time. Majority of families living in Trivandrum comes from other places and towns of Kerala, as many offices are situated in this city. More>>