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The recent moves by the Reserve Bank of India aimed at slowing bank exposure to the booming real estate market may have little impact on property prices or on real estate developers, leading consultants and real estate developers say. Pritam Chivukula,
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As the scorching pace of land acquisition for special economic zones or industrialisation purposes has made the jittery peasantry take to the streets, bolstered by the non-governmental organisations, the issue has been hijacked by political parties. It
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SEZs are here to stay and they can’t be wished away. This was the chief minister Narendra Modi elaborating on his vision for Gujarat during his inaugural address at Ahmedabad Science City on Thursday. The occasion was the opening of the exhibition
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Maharashtra Industrial Development Corporation (MIDC) on Thursday signed four agreements with Infrastructure Development Finance Company Ltd (IDFC) and Feedback Ventures for developing three Special Economic Zones and one airport in the State. Of the
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The Prime Minister, Dr Manmohan Singh's promise to put in place a more humane policy towards those displaced from lands acquired for new industrial projects is timely. Land acquisition is increasingly becoming controversial with the conflict between
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While foreign investors seem to be making a beeline for property in India, HDFC Chairman Deepak Parekh believes real estate is overpriced. He speaks on the dangers of having unreasonably high property prices, saying affordability is now being stretched.
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In India, land legislations are not fool proof and many land deals are mired in title litigations. Land deals are best left to the builders who are well versed with the legalities. Also compounding the problem is the issue of land grabbing and adverse
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There has never been a better time for NRI's to buy realty in india, than now Not only have construction standards up the ante, bigger complexes and layouts today give the same ambience and lifestyle homes that most of the developed countries worldwide.
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Bangalore, January 08, 2007 The Economic Times Call it the real estate ‘storey’ of India. Backward or forward integration may have been the hallmarks of different industry verticals here, but when it comes to real estate, ‘vertical’
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The Telegraph : The volatility in the stock market is beginning to have some ruboff effect on the booming real estate business as well. Industry sources say real estate developers who had seen great amount of money flowing into the industry are now witnessing
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Economic Times : Mumbai. The abrogation of the Urban Land Ceiling (ULC) Act, the out-dated socialistic legislation, seems to be the first major casualty of the code of conduct that followed soon after the announcement of the municipal elections on Wednesday.
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Economic Times : NEW DELHI Rajan Sharma bought 4,000 square feet (372 square metres) of office space on the outskirts of India's capital, New Delhi, for Rs 2,900 ($65) a square foot in 2002 and hasn't stopped grinning since. Four years later,
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One of the most important reasons for the growth in the real estate sector is the expansion of well-organised townships to tier I and tier II cities. Rising cost of land in urban metros, lack of adequate infrastructure support to back further growth of
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