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Realty Dreams of Small and Mid-Size players CrumbleReal Estate India
Grappling with a slowdown across segments, the Indian property market is heading towards the next phase of consolidation. Liquidity crunch in the real estate market is beginning to drive many mid-sized and small real estate developers to scrounge for cover. Many want to liquidate their land and incomplete projects by selling them to bigger developers or [...]
Now, Real Estate Developers jumping into HospitalityReal Estate India
A Swedish massage, a vigorous Kerala head rub or a good old steam bath — developers are offering all this and more at picture perfect destinations that are a good trek away from cities. After making luxury villas and apartments in the heart of town, property firms are now wooing people to exotic spas and resorts. Redefining [...]
Increasing Rental Rates will not Pay in the Long RunReal Estate India
After the “20:20″ kind of price escalations in the real estate market in the first home sales or second sales, it seems that owners of apartments want to do the same with leasing as they are trying to increase rental values now; each new listing in a new building is coming at a different price. While [...]
DS Kulkarni, GTC Cyprus to jointly Develop SEZ in PuneReal Estate India
Housing and construction firm DS Kulkarni Developers has entered into an agreement with Kardan Group firm, GTC Cyprus, for jointly developing a multi-service SEZ project in Pune, in which the foreign firm will invest $ 90 million. DS Kulkarni Developers Ltd (DSKDL) has entered into an agreement with GTC Cyprus under which “… DSKDL and GTC [...]
Realty Dreams of Small, Mid-Sized cos CrumbleReal Estate India
Grappling with a slowdown across segments, the Indian property market is heading towards the next phase of consolidation. Liquidity crunch in the real estate market is beginning to drive many mid-sized and small real estate developers to scrounge for cover. Many want to liquidate their land and incomplete projects by selling them to bigger developers or [...]
Developers go the Extra Mile to woo BuyersReal Estate India
When real estate company Unique Builders launched a condominium development near Jaipur, 3,510 Hindu priests performed traditional rituals and prayed for divine blessings. The number of priests equalled the number of condos on offer at the development, My Haveli@ Mannat1. An adjudicator for the Guinness Book of World Records was in attendance at the bhoomi pujan [...]
SBI hikes Interest Rates on Home LoansReal Estate India
Home loans from public sector State Bank of India would be dearer as the lender has decided to hike interest rates by 50 basis points on all credit linked to prime lending rates. Speaking at a function in Ghaziabad on Monday, State Bank Chairman-cum-Managing Director O P Bhatt said the bank has decided to raise the [...]
Real Estate Developers Bet on Eco-Friendly Buildings to Woo BuyersReal Estate India
Call it green revolution in the real estate business. Top developers are now betting on green buildings - that use less energy, water and natural resources, creates less waste and is healthier for the people living inside compared to a standard building - to woo large tenants. Even though green buildings involve an incremental cost [...]

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