Tag: Estate Projects

Melancholy of Realty

June 6, 2010 – 10:59 pm

Photo by Chris DeversThe destiny of realty is dependent on the economy’s progress. But setting price targets is an empty exercise. Derivatives did infuriated problems but the issues started with lending aberration.Rating agencies gave bad loans higher ratings than deserved and due diligence was pathetic. Some Related Stories News Now – Tall is beautiful for [...]

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Gawk on India by Euro Realty

March 24, 2010 – 9:07 am

Photo by Farruska Europe is once again back into action with an prelude of investment for Kolkata’s real estate in a move deemed “a first” by experts. Expo Real, the largest European B-to-B trade fair for the international property and investment market , is the biggest European commercial property trade fair.this is an annual event that [...]

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Revival of Realty

March 21, 2010 – 3:47 pm

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 [...]

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DS Kulkarni To Invest Rs 30 Million

September 30, 2008 – 4:00 am

The board of directors of DS Kulkarni Developers at its meeting held on Sep. 27, 2008, has approved the investment in DSK Global up to Rs 30 million to make it a subsidiary. The board has also approved the fixed deposit scheme of the company for the year 2008-2009. DS Kulkarni Developers is a real [...]

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Government In A Fix Over Lehman Realty Assets

September 19, 2008 – 4:57 am

The department of industrial policy and promotion (DIPP) and the Reserve Bank will shortly meet to evaluate the situation arising out of Lehman’s collapse, as the US giant has $500-million investment in Indian real estate projects. Foreign investment norms for real estate do not allow repatriation of funds within three years of investment. The RBI-DIPP [...]

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Cement Companies Transform Product Mix

September 3, 2008 – 9:30 am

With increasing cement supplies to north India, companies dependent on this market are changing their product mix from portland pozzolana cement (PPC) to ordinary portland cement (OPC) to sustain growth. OPC is used for roads and infrastructure while PPC is used in real estate projects. Shree Cement managing director HM Bangur, who runs the largest [...]

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Government Will Acquire Land With The Consent Of The Owners

August 23, 2008 – 5:37 am

Tata Group chairman Ratan Tata’s threat to pull the Rs 1,500-crore Nano small-car project out of West Bengal in the face of violence and protests over farmland acquisition has deepened the gloom over the Left Front government’s industrialisation drive, with most of its larger and more ambitious infrastructure projects already on hold over land issues. [...]

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Unity Infra Upcoming Project

July 5, 2008 – 6:01 am

Unity Infraproject has announced it’s FY08 results. Unity Infra project’s profit after tax (PAT) for FY2008 stood at Rs 600 million, up 42% from Rs 423 million in FY2007. EPS for FY2008 was Rs 44.9 versusRs 32.9 in FY2007, a growth of 36%. Out of the current order book, 56% pertains to government and 44% [...]

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SEBI Issued Guidelines For MF Real Estate Schemes

May 23, 2008 – 5:58 am

After being on the backburner for over 7 yrs, the Securities and Exchange Board of India (SEBI) has released draft rules for mutual funds real estate schemes, bringing a lot of relief to the MF industry. SEBI has given authorization to two types of real estate funds. While the first group is of real estate [...]

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