Rising interest rates, shrinking pool of home buyers and anticipated fresh supply of DDA flats has set off what could be termed as early signs of panic among real estate investors in Delhi and its suburbs. A large number of investors are wary of holding the property any longer and are turning it back to […]
Tag: Allotment
DLF To Get 5000 Acres Land Less Than Market Rate
June 23, 2008 – 12:17 am
Real estate developer DLF will soon get around 5000 acres near Greater Noida at less than market rate under the Taj Expressway Industrial Development Authority’s (TEA) scheme. Jaypee group, too, has qualified for allotment of 2,500 acres, while Unitech and Punj Lloyd are in queue for 2,500 acres each. TEA additional CEO C S Verma […]
IPSL Signs MOU With Jharkhand
June 10, 2008 – 12:58 am
Indiabulls Power Services (IPSL), a subsidiary of Indiabulls Real Estate, has entered into a memorandum of understanding (MoU) with the Jharkhand government for setting up of 1,320 mega watt (MW) power project, a statement sent to the Bombay Stock Exchange said. In terms of the MoU, government of Jharkhand shall facilitate and extend all assistance […]
Greater Noida Land Rates Hiked
April 9, 2008 – 2:36 am
The Greater Noida Industrial Development Authority board hiked the minimum rates for all categories of land, in an important decision taken on Tuesday evening. Residential allotment rates, for instance, have been raised from Rs 5,900 per square meter to Rs 10,500 per square meter.
Rules for Mode of payment for purchase by Person Resident Outside India
January 28, 2008 – 5:49 am
NRI and PIO can make payment for purchase of residential and commercial property either by fund paid to India through normal banking channel or by funds held in NRE / FCNR (B) / NRO account maintained in India. Payment can not be made either by traveler’s cheque or by foreign currency notes. Payment can not […]
