Tag Archives: Land

Rate Hike To Delay Realty Projects

June 26, 2008 – 1:00 am

Real estate developers see further slump in demand and price correction due to RBI’s move to raise interest rate. Caught between slow demand and rising cost of capital and construction, developers are deferring launch of new projects. Some even fear that ongoing projects may get delayed.
Indiabulls’ group spokesperson Gagan Banga said, “Interest rate hike has [...]

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Land Deals At Prime Locations In Metros Losing Its Shine

May 3, 2008 – 12:51 am

The soaring land deals in prime location of metro cities, which had scaled astronomical levels in the past few years, seem to be losing steam. The deals being struck this year are at increasingly lower prices than the ones last year.
Parsvnath Developers has bought 1.18 acre land, jointly owned by Mahajan Industries and Videocon group [...]

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Land acquisition becomes trend for corporate houses

February 18, 2008 – 5:08 am

February 17, Mumbai. As land prices is rising, large business houses now appear to be increasingly aware of their excess property holdings and the valuations it could fetch in addition to their regular stream of businesses.
Hindustan Unilever, A multi-national, has an extensive property portfolio. HUL has entered the property development business in a big way [...]

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