Posts Tagged ‘real estate sector’

Century Real Estate and IIM-B sign MoU

Bangalore-based, Century Real Estate and the Indian Institute of Management Bangalore has signed an MoU for setting up the IIMB-Century real estate research initiative. The IIMB-Century Real Estate Research Initiative will focus on collecting data and conducting scientific, cross-disciplinary research on the Indian real estate sector that will be published in leading academic and practitioner journals, the [...]

Real Estate Bill Delayed

The much-awaited regulatory Bill for the real estate sector is still a long way off. The draft Real Estate Regulation Bill will not be tabled during the current session of Parliament, a senior official in the Ministry of Housing and Urban Poverty Alleviation has confirmed. For many years, the Bill was in making and was [...]

Bangalore Realty may see 25 per cent growth.

The real estate sector in Bangalore has grown to a large extent in the past one year. In the year ahead, the city’s realty is expected to grow by 25 per cent as per the CREDAI estimation. “We are expecting the realty to grow by 25 per cent in the coming year. Last year too [...]

IL&FS Increase Investments In Realty Sector

Photo by Photos8.comIL&FS private equity is planning to increase its investment in infrastructure and Real Estate sector by the end of FY10. They announced to increase their investment from 660 million US dollars to 1 billion US dollars in the infrastructure sector. In the realty sector they already have investments of 1.6 billion US dollars. [...]

Premium Residential Housing Back in Vogue

Premium residential housing is back in vogue with a tangible improvement in the real estate sector. To match the increasing demand, developers are launching new projects in this space, adding to their present portfolio. “As the economy is growing and income levels are rising, there is a rise in demand for high quality and premium [...]

Real Estate Funds in India – Awaiting Real Estate Funds in India – Awaiting

One sector that has assumed growing importance owing to liberalization in economy in India is its real estate sector. The consequent increase in business opportunities has escalated demands for commercial and residential space. Real estate India is currently in a nascent stage with unlimited growth options. Though unorganized unlike its counterparts in developed countries, this [...]

Realty Revival May Push up Retail Rentals

There may be a turnaround in realty fortunes, but rentals are still to look up. So much so that the likes of Shoppers Stop or Inox have not yet been approached by mall developers to cough up higher rentals. Real estate analysts claim that the retail space should witness sustained growth for a considerable span [...]

Tax Official Looking To Collect Service Tax from Real Estate Companies

The Budget proposal to levy service tax on real estate sector may have upset home buyers, but it has given a reason good enough for the tax officials to investigate and collect chargeable service taxes from the real estate companies that have not been paying the exchequer. The service tax commissionerate, service tax arm of [...]