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Global sales of construction equipment may bounce back next year

Still far cry from highs of 2011 New Delhi, Dec 20, 2014  Global sales of construction equipment, which have fallen from $106 billion in 2011 to $94 billion in 2013, are expected to fall to $92 billion in 2014, according to Off Highway Research, a consulting firm in the space. However, sales

Monetary Policy: Realty sector unhappy

CREDAI chief calls for govt intervention for low-cost funding Mumbai, December 2014 Real estate players and industry watchers say an interest rate cut could have triggered housing sales. The Reserve Bank of India on Tuesday left its benchmark rate unchanged saying it still needs more proof tha

Ashiana Homes-Landcraft to invest Rs 650 cr in Gurgaon project

New Delhi, December 2014  Realty firms Ashiana Homes and Landcraft Projects will jointly invest about Rs 650 crore over the next five years to develop a housing project in Gurgaon. Ashiana Homes and Landcraft have formed an equal joint venture to develop the 14-acre housing project, comprising 75

Antriksh Group Join Hands with Indian Medical Association

New-Delhi, Dec 20, 2014 : For the first time in the history of Indian Medical Association (IMA), the organization has joined hands with Antriksh Group, a renowned real estate developer based out of Noida; wherein the latter will be providing exclusive residential towers for India’s top Doctors ca

Italian furniture major Chateau d’Ax teams up with Vanto

Hyderabad, December 2014 -  Chateau d’Ax, the Italian maker of upholstered furniture and Hyderabad-based furniture retail chain Vanto have inked a joint venture agreement, to set up a chain of stores, with a range of branded Italian products. The €800 million Italian major will provide the li

Quotes on Future outlook for 2015 and review 2014_By Credai NCR- Haryana, KV Developers and Mahagun Developers

December 20, 2014Real estate review in 2014 and future outlook for 2015. MR JP GUPTA, VICE PRESIDENT, CREDAI NCR- HARYANA SAYS “Indian economy is witnessing positive vibes after the arrival of the new government in 2014. The zeal in the market has increased, especially after the budget has set t

House of Hiranandani launches properties in Bannerghatta,Bengaluru

Hill Crest by House of Hiranandani: A Unique Destination where location meets Lifestyle Bangalore,  December 2014 - House of Hiranandani, reputed real estate player from Mumbai has launched its luxury offering in Bannerghatta, Bengaluru. With a legacy that boasts of unparalleled excellence in re

Emaar MGF Receives Industry Honour for Outstanding Contribution in Green Building Project

Commonwealth Games Village wins the accolade at the EPC World Awards 2014 New Delhi, December 2014 The Commonwealth Games Village - Residential project, developed by India’s leading real estate company Emaar MGF, was conferred the prestigious EPC World Award today for ‘Outstanding Contribu

Real Estate Bill to be reality soon: Venkaiah

Assures a ‘people-friendly, industry-friendly’ Bill New Delhi, December 2014  The Real Estate Development and Regulation Bill is in the final stage of consultation after talks with various stakeholders, Urban Development Minister M Venkaiah Naidu said on Monday. “I have gone through th

Apex court permits Sahara to sell properties worth over Rs. 2700 cr

New Delhi, December 2014  The Supreme Court today permitted the Sahara Group to proceed with the sale of four domestic properties, which is likely to fetch Rs. 2,710 crore, in its bid to raise Rs. 10,000 crore for the release of its jailed chief Subrato Roy. The court allowed the group to sell pr

GROHE Demonstrates Corporate Social Responsibility Through Award-Winning Apprenticeship Programmes in Germany and Professional Skills Training as a Means of Helping People to Help Themselves

Another GROHE apprentice named in nationwide top-of-the-year ranking of the country’s best apprentices while GROHE continues to support professional skills training for severely impoverished youths in emerging countries New Delhi, Dec 18, 2014:The provision of professional skills training remai

Raj Nagar Extension A Destination Brimming With Real Potential

New Delhi, Dec 17, 2014: Suburbs that were once considered to be upcoming real estate destinations in the NCR just a few years ago are catching up fast with the pace of increased development running across the Delhi NCR with pushing the property prices out of the reach of the middle class populatio

Metadata Technologies launches its new generation Online Real Estate Customer Relationship Management Solution for the Indian Real Estate Market!

Bengaluru, Dec 16, 2014: Metadata Technologies, a leading provider of Microsoft Dynamics CRM solutions and services in India and the Middle East, has today announced the global launch of its new generation Online Real Estate CRM solution “Property-xRM” built on the Microsoft Dynamics CRM platfo

Modern Amenities: The Step Towards A New Future

New Delhi, Dec 16, 2014: The decision making amongst modern buyers now days has become a bit different. Earlier customers used to buy a property based on just size and price. Today, a buyer thinks about a lot of things before investing in any form of real estate. A customer today has got a lot of p

Sujanlmpex Pvt Ltd Brings Spanish Furnishing Fabric Brand Agora’s New Collection to India

New Delhi, Dec 16, 2014: SujanImpex, a leading company into textile architecture and distributor of leading names like Serge Ferrari- France, Gale Pacific- Australia, and Sauleda- Spain, has forayed into luxury fabrics for indoor and outdoor use by the name of Agora. Agora combines the best of two

L&T Construction Wins Orders Valued Rs. 2008 Crores

Mumbai, Dec 12, 2014: The construction arm of L&T has won orders worth Rs. 2008 crores including two new international orders in the months of November and December 2014. Power Transmission & Distribution Business: The Business has secured new orders worth Rs. 1058 crores. An internation

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Bangalore, June 18, 2014 - While transportation and connectivity becomes much easier, the impact on the Mumbai realty market is expected to be more pronounced. Historically, infrastructure developments related to transportation always had a positive impact on the capital values of the property market. Mumbai is no exception. Commercial and residential properties in and around the region definitely command a rise in its prices. An independent study conducted revealed that vicinity of a realty project to the metro railways have the authority to influence property prices in leaps and bounds. Mumbai properties lying close to the metro corridor are expected to boost up to at least 22%. Other factors contributing to the same include distance, location and income groups.

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Currently the real estate is largely unregulated and opaque, with consumers often unable to procure complete information, or enforce accountability against builders and developers in the absence of effective regulation. The Bill is expected to ensure greater accountability towards consumers, and to significantly reduce frauds and delays. The Bill aims at restoring confidence of the general public in the real estate sector; by instituting transparency and accountability in real estate and housing transactions which in turn will enable the sector to access capital and financial markets essential for its long term growth.
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  Contents  

Cover Story

Wienerberger India - Sustaining Sustainability

Debate

The Real Estate Bill, 2013 provides uniform regulatory environment

Market Overview

Colliers International India releases Office Property Market Overview

 

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Classifieds

Karnataka SME Yearbook 2014

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