By Accommodation Times (www.accommodationtimes.com) The contemporary property market condition is a big reason of worry not only for Builders but for housing finance companies and homebuyers too. As sales graph is going constantly down, due to lesser sales realtors are finding difficult to complete their projects and on the other side rising debt has become bottleneck for them. But now… (more…)
By Samir Jasuja, Founder and Chief Executive Officer at PropEquity, a real estate data, intelligence and analytics provider 2011: A slower than expected economic growth Year 2011 witnessed many significant developments that impacted the Indian economy. Rising inflation, depreciating rupee Rupee value, decreasing Gross Domestic Product (GDP) numbers, low industrial production levels, declining foreign investments, ever increasing interest rates along… (more…)
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By Accommodation Times (www.accommodationtimes.com) The co-owner of Pune IT SEZ DLF and Hubtown has announced that they have sold it to private equity fund Blackstone for . 810 crore. An IT SEZ located un Pune’s Hinjewadi area which has been sold to Blackstone, in which DLF has a 67percent stake in joint venture with Hubtown which holds 33% shares in… (more…)
Milan ROB, Sahar Elevated Road, Eastern Freeway, flyovers at Barfiwala, Panvel and Kapurbawdi to be completed in the next year By Accommodation Times (www.accommodationtimes.com) Mumbai, December 29, 2011 – The motorists in Mumbai and Mumbai Metropolitan Region can now add a spring or two to their vehicular movement as the Mumbai Metropolitan Region Development Authority (MMRDA) has plans ready to… (more…)
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By Accommodation Times Bureau The Union Finance Minister Shri Pranab Mukherjee said that Indian economy will soon revert back to the path of higher growth trajectory. He said that the present downturn is only temporary. The Finance Minister was addressing the fourth meeting of the Consultative Committee attached to the Ministry of Finance during the current fiscal, here yesterday. The… (more…)
By Accommodation Times Bureau The main objectives of the SEZ Act, 2005 are:- (i) generation of additional economic activity (ii) promotion of exports of goods and services (iii) promotion of investment from domestic and foreign sources (iv) creation of employment opportunities (v) development of infrastructure facilities In addition to seven Central Government Special Economic Zones (SEZs) and 12 State/Private Sector… (more…)
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By Accommodation Times Bureau Godrej and Boyce Manufacturing Company picked 0.83% stake in Godrej Properties on Friday at BSE. It bought 0.58 million shares of the company at Rs 656.25 a share amounting to Rs 380.62 million. On the other hand, Godrej Industries sold 0.83% stake in Godrej Properties (Q,N,C,F)* on Friday. It sold 0.58 million shares of the company… (more…)