Tag Archives: Commercial Real Estate

Unitech plans sale of assets to raise funds

November 27, 2008 – 12:40 am

In a bid to tide over the current financial crisis, Unitech, the second largest real estate developer in the country, is planning to raise money by selling some of its assets, such as hotels and commercial real estate.
The company, which currently has a debt of Rs 8,200 crore, is also planning to rope in private [...]

By Rajani | Posted in Real Estate News | Also tagged , , , , , , , , , , | Comments (0)

Slowdown In The Real Estate Due To Slowdown Of The Economy

August 6, 2008 – 4:23 am

The general economic slowdown has started impacting the commercial real estate sector as was obvious by slower uptake during the April-June period of the year.
During the period, commercial real estate demand was only at 9.74 million square feet as against the supply of 18.07 million sq.ft, commercial real estate services firm Cushman & Wakefield (C&W) [...]

By manish | Posted in Real Estate News | Also tagged , , , , , , , , , , , | Comments (2)

RBI Limits Private And Public Sector Banks For NRI Matters

June 28, 2008 – 1:26 am

NRI loan interest rate depends a lot on the reason of borrowing. When the reason is to invest in share or commercial immovable property market, the interest rate to be paid is higher than any loan borrowed by the NRI to be invested at an employment generating project.

By Rajani | Posted in Real Estate News | Also tagged , , , , , , , , , , , , | Comments (2)