Nirmal Lifestyle Plans To Develop 20 Townships
Real estate developer Nirmal Lifestyle is planning to develop 20 townships across India. The company has marked an investment of $5 billion for the first phase, which includes five townships under the...
View ArticleTotem Infra To Expand Its Portfolio With Real Estate
Hyderabad-based Totem Infrastructure Limited is looking to expand its portfolio by adding real estate to its group of operations. It plans to build Rs 200-crore multi-use apartments in about 10 acre...
View ArticleHousing demand falls 35% in smaller cities: Assocham
The demand in the housing sector fell by 35% in tier-II and tier-III cities in the first half of this fiscal due to the high cost of borrowings, says an assessment by an industry lobby. According to...
View ArticleDLF cuts target by a third due to property slump
DLF Ltd has cut its current fiscal deliverable targets by about 33% following the deterioration in the housing and commercial property market. The company is now expecting to deliver 15 million square...
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Indiabulls ready to meet demands
Indiabulls Real estate has planned to use more than five hundred million dollars to launch projects at a time. This money is raised from a recent share sale. Mr. Gagan Banga, CEO, said that their aim...
View ArticleWill Property Discounts Persuade Takers?
Developers are up with some sort of property discounts to persuade property takers. This was more visible in Indore . Discounts are always considered as suitable means to attract the customers and...
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