Tag: Real Estate Companies

Home buyers to return back

January 8, 2009 – 4:17 am

Home buyers could arrive back in the Indian real estate market in force after the Reserve Bank of India reduced rates and the cash-reserve ratio requirement. The bank slashed the repo rate by 100 basis points to 5.5% and the reverse repo rate to 4%. Officials also lowered the cash reserve ratio by 50 basis [...]

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Attention turns to rental real estate market

October 31, 2008 – 6:01 am

Rental property investments are proving more popular in India as the country sees a slowdown in sales, according to experts. Real estate companies say people have less money to spend on buying a house, leading many to look at lettings instead. More recent data from the company shows demand for property in Hyderabad declined by [...]

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Realty seeks tax, input price relief

February 25, 2008 – 2:42 am

New Delhi: Real estate companies wish for taxes to be lowered and prices of construction materials controlled in the forthcoming budget. Vipin Agarwal executive director of Omaxe Ltd states that they want tax breaks on infrastructure, which were there till last year. Infrastructure improvement is important for the improvement of the country. So they should [...]

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Emaar MGF Land postpones IPO

February 11, 2008 – 8:58 am

Emaar MGF Land, a JV between one of the world`s foremost real estate companies, Emaar Properties PJSC of Dubai, and MGF Development of India, has withdrawn and postponed its initial public issue to an appropriate moment. The company decided to take this step as an outcome of the prevailing adverse market feelings, fuelled by renewed signals of [...]

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