Welcome, Guest    
Login  Contact Us RSS Feeds
  Add Property                
Register Free to find a Perfect life partner In AnytimeMatrimony | Equated Monthly Installment(EMI) Calculator | Stamp Duty Calculator | Area Conversion Calculator | Know answer for your Taxation query | Ask Legal Advice @ Free of cost | Vaastu Tips
FAQ Sitemap
Newsletter Signup
Subscribe for our property news letter

News Search
Type a keyword to search.


Select a city to search property news.

News Archieves
September 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
September 2008
June 2008
February 2008
January 2008
December 2007
November 2007
External Links
 ICICI Home Loans
 LIC Housing
 HDFC Home Loans
 SBI Home Loans
 Axis Bank Home Loans
 Tamilnadu Govt Links
adProperty News For September 2009

Real estate sector: a realty check
Source : The Economic Times Published On : 2009-09-02 City : Chennai

Real estate sector is second to only the agriculture sector where employment generation is concerned.This can be further proved by the fact that the real estate sector contributes a good 5% towards the country’s gross domestic product (GDP).

However,recent financial crisis followed by economic slowdown have placed huge strain on this sector. While all sectors of the economy were under tremendous pressure, demand in the real estate industry was the lowest.

This was largely as majority of the homes were taken on loan and an unexpected rise in the interest rate had its obvious impact. According to KP Singh, Chairman, DLF,"If there is a lack in demand, the projects eventually close down. There is a lack in demand because most people take mortgage loans. In fact, currently the interest rate is at 11–12 per cent, which should actually not exceed seven per cent.This also leads to higher EMIs."...

  Read More

Prevailing trends in indian real estate
Source : The Economic Times Published On : 2009-09-02 City : Chennai

In coming years, India and China are expected to outperform the global markets with a growth rate in the range of 7-10%. This will benefit all sectors, particularly the real estate, which is closely linked to high growth in the economy.

A decline in property prices, falling interest rate and stability in the job market has helped the sector gain momentum once again. As developers realized that affordability was the key to lure buyers, they experimented with ‘no frills’ smaller apartment sizes.

Projects that were launched in this segment received a good response, which indicated that homebuyers were waiting for a good opportunity to make an entry....

  Read More

Nitesh estates to raise rs 550 crore to list next year
Source : The Economic Times Published On : 2009-09-02 City : New Delhi

Bangalore-based real estate company Nitesh Estates,which is building Ritz Carlton hotel and several residential and commercial buildings, plans to raise Rs 550 crore by listing its shares on the stock market early next year. The company is expected to submit its draft red herring prospectus to Sebi in the next six weeks, two people advising the company on its capital restructuring plans told ET.

Sources,who did not want to be named,said the company will be diluting close to 30% shareholding through the IPO. Nitesh Estates’ executive director LS Vaidyanathan confirmed that the company is looking at raising money and “IPO could be one of the routes.”He declined to share other details.

Nitesh Estates has had three rounds of private equity till now.At present,hedge fund Och-Ziff has a 25% stake in the company. City Property Investors (CPI) is also invested in the SPV for the Ritz Carlton hotel in Bangalore. Sources said the realty player has engaged Morgon Stanly and three Indian banks for its proposed IPO and a fresh round of private equity infusion....

  Read More

Qips: the new mantra for realty sector
Source : The Economic Times Published On : 2009-09-02 City : New Delhi

Indian realty sector has been on a roller coaster ride in the last one year. Real estate developers made a debut with their initial public offerings (IPO) in early 2007. This resulted into an IPO every month throughout 2007 and early 2008.

However, with the equity market melt in 2008, the primary market virtually closed down, which led to no IPO’s for months. Even the much talked-about private equity money had vanished. Builders were left at the mercy of banks and non-banking financial firms to fund their operations, retain their land and complete on-going projects. This led to high leverage on the balance sheets.

The situation is under control now. Markets have improved with government-initiated stimulus packages,clear election verdict and relaxation of debt repayment schedule. Realty companies were aided by a general improvement in the equity market and a sharp fall in their valuations. Lower valuations opened up a new source of funding in the market-qualified institutional placement (QIP)....

  Read More

Real estate buffeted by strong currents
Source : The Economic Times Published On : 2009-09-02 City : Mumbai

Real estate in India has always been the playing field for entrepreneurs.This industry has witnessed unprecedented highs and frightening lows over the years.One is often left dysphonic with the continuous shifts in this sector.

Market Dynamics

Due to rise in demand in the IT/ITeS sector and significant increase in FDI, the commercial and retail real estate markets experienced tremendous growth in the first quarter of 2008. Land deals accrued around Rs 23,000 crore with additional deals worth Rs 10,000-crore in the pipeline.The highest recorded land deal was Mumbai\'s Bandra-Kurla Complex....

  Read More

Pages : 1 of 30  of 30 Go  Next »


More on Anytimeproperty
City Based Properties
Useful Tools Property News Search Property Calculators Others
© 2019 Any Time Property All Rights Reserved. Home | About Us | Advertise | Testimonials | Help & Support | Contact Us | Careers | FAQ | Feedback | Sitemap
Privacy Policy | Terms and Conditions Developed by Snick Technologies