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zameenkuldeep
posted on Nov 03, 2009
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The joint venture would have five branches, he said, adding that the bank would now seek necessary regulatory approvals for operationalisation of the JV. The deal size is expected to be $24 million (about Rs 115 crore). PNB is also looking at setting up... read entire post
zameenkuldeep
posted on Nov 02, 2009
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According to Anoop Pabby, joint managing director of Deutsche Post Bank (home finance), "The economy has improved and the liquidity situation is much better and interest rates have eased off considerably. It is only natural then that home buyers expect t... read entire post
zameenkuldeep
posted on Oct 29, 2009
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The BSE Realty index, the worst performer of 2008 is up 248 per cent since its March 2009 lows. This indicates that current valuations are not cheap. In a bid to cash in on the real estate recovery,... read entire post
zameenkuldeep
posted on Oct 29, 2009
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Moreover, real estate developers are now offering properties without any discount and freebies (such as waiver of stamp duty and registration charges of properties).Says Dutt, “Real estate Developers in key cities have been hiking prices to test the fle... read entire post
zameenkuldeep
posted on Oct 24, 2009
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The transferor is called a mortgagor, the transferee is called a mortgagee, the principal money and interest that are secured by the mortgage are called the mortgage money, and the instrument by which the transfer is affected is called a mortgage deed.... read entire post
zameenkuldeep
posted on Oct 22, 2009
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We decided to de-notify these areas as they had remained undeveloped for a very long time despite being declared development area," said a senior DDA official.... read entire post
zameenkuldeep
posted on Oct 22, 2009
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According to the accompanying chart, absorption rate or sold-out rate in the last one year in affordable apartments in the price range of Rs 5 to Rs 15 lakh is much better than that in the Rs 15 to Rs 30 lakh range. This is also because of the number of... read entire post
zameenkuldeep
posted on Oct 14, 2009
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First-time buyers have been helped by an $8,000 tax credit, but this is due to run out at the end of next month.... read entire post
zameenkuldeep
posted on Oct 14, 2009
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It is believed that the company has mandated investment banks like Kotak Mahindra Capital and Enam to prepare the road map for the eventual listing.... read entire post
zameenkuldeep
posted on Oct 09, 2009
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Patel Engineering plans to foray into the realty business and build commercial and residential property, IT parks and SEZs over the next three years, a top company official said... read entire post
zameenkuldeep
posted on Oct 09, 2009
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DLF has recently sold 1,250 apartments in its Capital Greens project, just 3-4 kilometers from Shadipur Depot at a rate of Rs 5,677 a sq ft. Raheja Developers will have to create temporary accommodation for the slum dwellers at a piece of land close to t... read entire post
zameenkuldeep
posted on Oct 06, 2009
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Lamps are lit in the evening to welcome the Goddess and to light up her path into the house. Now, despite all our claims to modernity in our outlook, we start with the mop and swab at our homes and offices as the festival of lights approaches. However, s... read entire post
zameenkuldeep
posted on Oct 06, 2009
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According to Anurag Mathur, MD of C&W, India, though the high growth trajectory of the previous years saw a setback during the global economic slowdown, the inherent strong economic fundamentals, low exposure to debt and state intervention, would help the... read entire post
zameenkuldeep
posted on Sep 30, 2009
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The pivotal aspect of the Lodha group structure is the presence of Deutsche Bank as an investor. While Deutsche subscribed to convertible debentures of Cowtown, the latter in turn reinvested a substantial part of the money by subscribing partly and optio... read entire post
zameenkuldeep
posted on Sep 30, 2009
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Devyani has gained sufficient expertise in running food joints after the company set up the first franchisee outlet in January 1997 for Pizza Hut. The company now wants to test waters with its own brands, beginning with Southern Spirit.... read entire post