Thu, 25 Oct 2007 10:42:31 +0600 NRI Real Estate and Property India. Buying, Selling Residential or Commercial Property in India by Non Resident Indians, PIOs, FIIs http://www.nrirealtynews.com/nri-property/latest-news.php en http://www.nrirealtynews.com/images/feed-logo.gif http://www.nrirealtynews.com/nri-property/latest-news.php The latest to join the Indian real estate bandwagon is the giant Life Insurance Corporation of India, as it recently outbid other realty players in purchasing large tracts of land across the country..... http://www.nrirealtynews.com/stories/oct07/lic-joins-indian-real-estate-bandwagon.php http://www.nrirealtynews.com/stories/oct07/lic-joins-indian-real-estate-bandwagon.php Tue, 23 Oct 2007 12:26:13 +0600 UAE based real estate developer ETA Star is all set to enter into Indian real estate with a realty project in Bangalore in 2008.... http://www.nrirealtynews.com/stories/oct07/eta-star-launch-projects-bangalore.php http://www.nrirealtynews.com/stories/oct07/eta-star-launch-projects-bangalore.php Thu, 18 Oct 2007 12:26:13 +0600 Indian real estate has a host of new players notable debutants include the Adani Enterprises and the royal Ghorpade family. http://www.nrirealtynews.com/stories/oct07/new-players-indian-real-estate.php http://www.nrirealtynews.com/stories/oct07/new-players-indian-real-estate.php Tue, 09 Oct 2007 12:26:13 +0600 Pre launch offers by Indian real estate developers are under a cloud, and the Ministry of Corporate Affairs is keeping tabs on such announcements ever since malpractices under the scheme came to light. http://www.nrirealtynews.com/stories/oct07/govt-initiates-steps-against-pre-launch-offers.php Tue, 09 Oct 2007 12:28:41 +0600 While the debate on the real estate prices in India metros continues plush residential colonies in India metros have maintained the steady increase in rates over the last 12 months. http://www.nrirealtynews.com/stories/oct07/plush-localities-indian-metros-retain-lead.php Tue, 09 Oct 2007 12:30:51 +0600 Top ranking destinations are Hinjewadi near Pune and Manesar near Gurgaon scoring high on all parameters says the report with a promising future ahead. Their growth would continue to be sustained by the neighbouring towns. http://www.nrirealtynews.com/stories/oct07/emerging-corridors-indian-real-estate-map.php Tue, 09 Oct 2007 12:32:57 +0600 Real estate in Udaipur Rajasthan will receive a boost with the launch of a royal township near the Umaid Bhavan Palace belonging to the royal family of Jodhpur. http://www.nrirealtynews.com/stories/oct07/royal-touch-added-udaipur-real-estate-market.php Tue, 09 Oct 2007 12:34:36 +0600 It was the defunct mill properties first followed by Dharavi and now its the railways. The city meagre land resources are slowly beginning to swell as sprawling tracts of under-utilised land are being made available for real estate projects in Mumbai. http://www.nrirealtynews.com/stories/oct07/mumbai-real-estate-receives-boost-from-railways.php Tue, 09 Oct 2007 12:38:21 +0600 The move to regulate Indian real estate received an impetus with the Union Urban Development Minister announcing the setting up of a regulator for the redressal of grievances from consumers and builders. http://www.nrirealtynews.com/stories/sep07/govt-establish-real-estate-regulator.php Tue, 09 Oct 2007 12:40:02 +0600 Real estate consultants Cushman and Wakefield have alerted a deceleration in the Bangalore real estate market, especially in the residential property segment. http://www.nrirealtynews.com/stories/sep07/bangalore-real-estate-faces-slowdown.php Tue, 09 Oct 2007 12:41:26 +0600 As per the FICCI Ernst Young Indian Real Estate Report, 2007 Growth New Destinations, Indian real estate is growing at a 30 percent rate, spreading evenly across India smaller towns and cities.... http://www.nrirealtynews.com/stories/sep07/promising-times-indian-real-estate-ficci-report.php Fri, 28 Sep 2007 09:32:44 +0600 Investors in Delhi real estate market will be saved the harassment of registering their property with the aid of brokers, once the Delhi Government e format goes online by the end of the year 2007.... http://www.nrirealtynews.com/stories/sep07/register-your-delhi-property-without-agent.php Fri, 28 Sep 2007 09:42:18 +0600 Indian real estate apex body, the Confederation of Real Estate Developer Associations of India, (CREDAI) will host a conference on Investment Environment and Funding Mechanisms in Real Estate Development in New Delhi on Friday, the 14th of September, 2007. http://www.nrirealtynews.com/stories/sep07/credai-ncr-conference-address-indian-real-estate-issues.php Fri, 28 Sep 2007 09:43:40 +0600 Commercial properties in India are expected to drop in the next quarter, according to a report by real estate consultancy firm DTZ India. http://www.nrirealtynews.com/stories/sep07/glut-commercial-properties-may-affect-real-estate-prices.php Fri, 28 Sep 2007 09:44:41 +0600 Delhi based Uppal Housing Ltd has announced its plans to invest Rs.1,500 crore in realty projects in Mumbai, Pune, Hyderabad and Tier II cities. http://www.nrirealtynews.com/stories/sep07/uppal-looks-beyond-delhi-real-estate.php Fri, 28 Sep 2007 09:45:42 +0600 Kerala real estate market will see a new project take off next week in the vicinity of the Nedumbassery airport at Manjaapra. The Smart Village is being designed with the NRI customer in mind, offering apartments, villas and row houses on 55 acres of land. http://www.nrirealtynews.com/stories/sep07/smart-realty-project-targets-nris-in-kerala.php Fri, 28 Sep 2007 09:47:40 +0600 The Investment Environment and Funding Mechanisms in Real Estate Development conference organized by the NCR chapter of the Confederation of Real Estate Developer Associations of India. http://www.nrirealtynews.com/stories/sep07/credai-ncr-conference-address-indian-real-estate-issues.php Fri, 28 Sep 2007 09:48:27 +0600 In the current scenario of high interest rates and uncertain real estate market conditions, consultants Jones Lang LaSalle Meghraj have recommended the best locations for investment in Indias metros. 30 Aug 2007 05:22:12 GMT http://www.nrirealtynews.com/stories/sep07/india-hot-properties.php 0F6BBC0A-E6CA-44A6-BBB4-1D5B134060B8 Small realty companies are being absorbed by the bigger players in the industry. DLF is one such company which is buying up the land banks of smaller firms. The companys sources confirmed that requests from several small realty firms had been received and their proposals are being considered. 30 Aug 2007 05:21:42 GMT http://www.nrirealtynews.com/stories/sep07/indian-realty-getting-consolidated.php C5B2FD83-8FC1-4A11-922F-7FDF867C11EA Mega-townships are enjoying the patronage of private developers and investors, and state governments are also actively promoting these self-contained zones. Recently, the Karnataka Government approved 11 integrated townships in Bangalore at an investment of Rs.25, 000 crore. 30 Aug 2007 05:21:17 GMT http://www.nrirealtynews.com/stories/sep07/mega-township-projects-gurgaon-bangalore.php D7A585E0-9616-4B80-BF12-6FDF70597421 The National Institute of Public Finance and Policy (NIPFP) has released the draft of the India Urban Report, bringing to light issues affecting urban Indian settlements. 30 Aug 2007 05:20:35 GMT http://www.nrirealtynews.com/stories/aug07/india-urban-report-cities-have-miles-to-go.php 6C36BD3E-BFE9-493B-9530-5A172F2B96E4 Building India is the spirit the realty giant DLF lives by its latest acquisition is a stretch of 25 acres in Hyderabad for Rs.452 crore in an auction sale to develop an IT Park. The company is understood to have made a part payment of 30% to the state authority. 30 Aug 2007 05:20:04 GMT http://www.nrirealtynews.com/stories/aug07/dlf-land-buying-spree-andhra-pradesh.php 956DC0AF-C0A8-4276-B5E9-0A698BF413CC With a credit squeeze facing global investors, foreign investment in Indian real estate may not be so forthcoming, according to some investors. Raising capital for real estate projects could now be an uphill task for foreign investors. 30 Aug 2007 05:19:34 GMT http://www.nrirealtynews.com/stories/aug07/fdi-indian-real-estate-could-slow-down.php 1F04ADB0-74CE-4DAD-95AA-32811EC94325 The Properties Ahead 07, Delhi largest realty expo is back this year with a host of projects at the Pragati Maidan on the 22nd and 23rd September, 2007. 31 Aug 2007 06:44:34 GMT http://www.nrirealtynews.com/stories/aug07/indian-properties-showcased-delhi-saudi-arabia.php Real estate, the fastest growing sector in the Indian economy was presented with awards on 16th August, 2007 by CNBC Awards and ICICI Bank Home Loans at Lands End, Mumbai. 31 Aug 2007 06:44:34 GMT http://www.nrirealtynews.com/stories/aug07/cnbc-felicitates-indian-real-estate.php The fourth International Real Estate Summit hosted by the Federation of Indian Chambers of Commerce and Industry is coming up next month in Mumbai at the Hotel Hilton Towers. 31 Aug 2007 06:44:34 GMT http://www.nrirealtynews.com/stories/aug07/ficci-sponsors-international-real-estate-summit.php Indian real estate giant DLF Ltd. reached Rs 1600 crore deal on Thursday to buy DCM Shriram Consolidated (DSCL) mill land. The deal will give DLF the access to about 38 acres of prime land in Najafgarh in West Delhi. 31 Aug 2007 06:44:34 GMT http://www.nrirealtynews.com/stories/aug07/dlf-sets-to-close-dcm-shriram-mill-land.php The IBRExpo will proceed to Riyadh on 12th and 13th November at the Al Mubarakiah Hall. Here again, there are a sizeable number (approximately 12.4% of the population) of NRIs with large savings and investment potential. 31 Aug 2007 06:44:34 GMT http://www.nrirealtynews.com/stories/aug07/indian-property-expo-for-gulf-nris.php Kochi will host the 3-day Kerala Property Expo from August 3, 2007 where participants would include local and pan-India real estate developers. The event will be inaugurated by S.K.Mitter, Director and Chief Executive of LIC Housing and Finance. 31 Aug 2007 06:44:34 GMT http://www.nrirealtynews.com/stories/aug07/kochi-hosts-kerala-property-expo.php The real estate sector has recorded commendable profit margins, evident from the profits posted by major real estate developing giants in the first quarter. 31 Aug 2007 06:44:34 GMT http://www.nrirealtynews.com/stories/aug07/indian-real-estate-companies-post-profits-q1.php Kolkata based Bengal Shrachi Housing Development in a joint venture with two NRIs has announced the launch of a housing complex, Rosedale Garden, specially designed for non-resident Indians (NRIs). 31 Aug 2007 06:44:34 GMT http://www.nrirealtynews.com/stories/july07/housing-complex-for-nris-kolkata.php Premier realty firm Parsvnath Developers Ltd is set to develop their existing land bank over the next five years by investing over USD 4 billion. 31 Aug 2007 06:44:34 GMT http://www.nrirealtynews.com/stories/july07/realty-giant-parsvnath-invest.php In a significant development the Haryana government asked DLF to pay the prevalent market rates to the farmer instead of a flexible mutual price while acquiring land for its Gurgaon SEZ. 31 Aug 2007 06:44:34 GMT http://www.nrirealtynews.com/stories/july07/gurgaon-sez-land-acquisition-market-rates-dlf.php Property buyers are under the Tax Departments scanner, as real estate transactions peaked in the current financial year. The income tax authorities are zeroing down on investors who have invested in property disproportionate to their income. 31 Aug 2007 06:44:34 GMT http://www.nrirealtynews.com/stories/july07/property-deals-under-scanner.php The Delhi Government came forward last Friday with a reprieve for potential home buyers by reducing stamp duty on all property purchases. Stamp duty rates have been reduced by 2% for both men and women buyers. 31 Aug 2007 06:44:34 GMT http://www.nrirealtynews.com/stories/july07/delhi-stamp-duty-rates-cut.php Delhis top developers are in the fray for the management of MCDs proposed civic centre on Jawaharlal Nehru Marg near Connaught Place. Construction agency IJM Corporation Berhad of Malaysia and architect Shiriesh Malparia & Associates . 31 Aug 2007 06:44:34 GMT http://www.nrirealtynews.com/stories/july07/dlf-parsvnath-bid-mcd-tower.php Lanco Kondapalli Power will execute two road projects in Karnataka on the Build-Operate-Transfer basis for the National Highways Development Project at a cost of Rs.1006 crore. 31 Aug 2007 06:44:34 GMT http://www.nrirealtynews.com/stories/july07/lanco-diversifies-real-estate-portfolio.php Bangalores Real Estate Bank International (REBI) has ambitious plans to reach out to overseas markets with an investment of Rs. 250 million. Offices in Sri Lanka, US, UAE, Singapore, Malaysia and Australia will enable real estate services to reach out to non-resident Indians. 31 Aug 2007 06:44:34 GMT http://www.nrirealtynews.com/stories/july07/new-entrants-indian-real-estate.php