Indian real estate in the last few months has authenticated a reawakening enforced by a noticeable increase in the level of construction activity of low-budget housing coupled with low home loan rates. As researched by Boston Analytics, the Indian realty sector has undergone an increased supply and pace of development activity which brought an improvement […]
Tag: Construction Sector
The TCI Demerger
March 18, 2010 – 6:31 pm
India’s leading integrated supply chain and logistics solutions provider Transport Corporation of India Ltd announced on Wednesday that its board has approved the demerger of its real estate & warehousing undertaking into a new company named TCI Developers Limited (TDL) which will be effective from April 1. The company emailed a press statement saying the […]
Real Estate sector is in dire straits
November 1, 2008 – 3:27 am
The tight liquidity condition and the rise in interest rates have affected realty sector hard. Because of the RBI’s policy of discouraging banks in lending to real estate developers, the fund flow to the sector has dwindled. This might even force a number of units to close down. The construction sector, which is the second […]
HCC Sets Up Arms For Key Businesses
May 1, 2008 – 7:45 am
Hindustan Construction Company (HCC), a leading construction house, will transfer its real estate, infrastructure and investment businesses into separate fully-owned subsidiaries in an attempt to provide these high-growth businesses with a distinct focus and identity. HCC officials said two subsidiaries, HCC Real Estate and HCC Infrastructure, have already been formed and the third, HCC Capital, […]
