HDFC Property To Buy Into Nitesh Mall
HDFC Property Ventures is investing $20-25 million into South India’s largest central business district (CBD) mall developed by Nitesh Estates in Bangalore. The move probably marks the $900-million...
View ArticleSlowdown In The Real Estate Due To Slowdown Of The Economy
The general economic slowdown has started impacting the commercial real estate sector as was obvious by slower uptake during the April-June period of the year. During the period, commercial real estate...
View ArticleSave money by shifting home loan to public sector banks
The Indian government is trying hard to bring down the interest rates in order to counter the economic slowdown. Indian finance minister, Mr. P. Chidambaram, met with heads of private as well as PSU...
View ArticleReal Estate Firms Look At Diaspora
In these times of economic slowdown, Indian companies, especially real estate firms, are looking at diaspora in the Middle East for investment. The government kick-started a series of “investment...
View ArticleMarket expects speedier, steeper rate cuts
RBI may be forced to cut interest rates earlier than planned and more aggressively than previously hoped, as it comes under pressure to navigate an already faltering economy away from the turbulent...
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Developers Unable to meet Retail Space Target
DLF, Parsvnath and other real estate developers have lagged behind by 54% in their target to open retail space even as retailers’ vacancy climbed to 16% last year. Cash-strapped real estate developers...
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