The Confederation of Real Estate Developers' Associations of India (CREDAI) has submitted its views on the proposed Model Real Estate (Regulation of Development) Act to the government. According to CREDAI, the current Draft Bill seems to penalise the developer but

Indiareit Fund Advisors Pvt Ltd, a real estate fund manager promoted by the $1.8-billion Piramal Enterprises, is preparing to raise a $500-million offshore fund. Indiareit is wooing London-based private equity and venture capital firm 3i, which manages 11.7 billion euros

Rating agency Moody's today said the Reserve Bank of India's (RBI) stricter norms for non-performing loans and for loans to commercial real estate would hurt banks' profits. "The hike in RBI's provisioning requirements is likely to have a significant impact

The economy might be on the recovery path, but state government agencies, such as KMDA or Hidco, are still going slow in auctioning or selling plots to developers for commercial and residential real-estate projects. The agencies are waiting for the

The Munjal family-controled Hero group, better known for its motorcycles, is entering the real estate business, with nearly Rs. 200 crore already invested. The cash-rich Munjals are turning the current slump in real estate into an opportunity as they had

Realty shares dominated the gainers in the 'A' group on the BSE today, 4 November 2009. The spurt in realty shares came mainly due to bargain hunting after these shares corrected sharply in the past few trading session. On Tuesday,

It doesn't take much for residential realty prices to move upwards; with just a slight improvement in sales, prices at projects that were once stalled start inching upwards. It is all part of basic real estate marketing strategy. Prices move

Real estate major DLF is coming up with Rs 15 crore flats in the posh Greater Kailash area, courtesy Municipal Corporation of Delhi (MCD), alleges Congress. Leader of Opposition in the Municipal Corporation of Delhi Jai Kishen Sharma has alleged