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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, National Director, Colliers International, a property services company, says, "The ...

All municipalities build drains and sewers. Many run crematoria, hospitals and primary schools too. But, globally, nowhere does a civic corporation also operate an intricate electricity supply system with 8,20,000 consumers, a fleet of 3,400 buses carrying 45 lakh passengers every day, Asia’s largest urban water supply network, colleges ...

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 the state and those affected by such acquisitions often escalating into a serious law and order ...

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 a drop in inflows. “The choppiness of the equities market will gradually have ...

The new draft housing policy unveiled by the State government on Wednesday may have made buying a house easier, but it comes with no monetary difference for the buyer. For, to compensate for the revenue loss due to ban on including built-up or super built-up area, the builders will increase the rate per square foot of the carpet area. “To ...