Festival deals from property developers

Diwali and Navaratra festivals are attracting lot of deals from several property builders across India.
Some deals being offered in Mumbai:

Mantri group and Nirmal Lifestyles are offering a waiver on stamp duty and registration fee of the property (around 4% of the total property value).
Runwal Group and Akruit Nirman are offering special rates and incentives […]

Getting good response for India property shows in US

Rs 25 crore sales, yes that is the amount of spot sales which property developers recently got during the 2 day property show held in Eddison, Dallas and Sunnyvale by Chennai-based Priya Publications. This show focused on residential properties.
Bangalore topped the list of destinations to invest followed by Chennai, Hyderabad, Mumbai, Pune, Delhi, Gurgaon, Goa […]

Malls in India go Wi-fi

Malls in Bangalore, Mumbai and Ahmedabad have gone wi-fi to ensure students and executives spend more time in the mall. More the time spent, more the purchase.
Inorbit Mall and Infinity Mall in Mumbai; Forum mall in Bangalore; Iscon Mega Mall, Himalaya Mall, Gallops have taken the wi-fi plunge already and many more are in queue.
Considering […]

Revised Rent Law to Address Landlord Concerns

Government of India is planning on bringing modified rent control norms in favor of the landlords to address their following concerns:

forceful occupation of the property by tenants
provision to revise the rent as per the market situation after certain time period

The new model will set a “standard rate” which would be the floor rate for […]

Tier II and Tier III Cities to Invest in India

Following are the tier II and III upcoming cities to invest in India property:
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Technorati tags: Tier II Cities, Tier III Cities, India Property, Google Maps

Seven India Realty Stocks that Have Performed Beyond Belief

Moneycontrol has list of seven India realty stocks which have rocked and outperformed the sensex biggies like Infosys, ICICI, ONGC and Reliance. Here is a the list:

 
Market Price (RS)
Market Cap (Crore)

Companies
22 Nov. 2002
22 Nov. 2006
%change
22 Nov. 2002
22 Nov. 2006
%Change

Unitech
0.7
510.0
74,900.0
55.0
41,397.0
75,167.3

Arrow Webtex
1.4
599.8
44,325.9
0.7
180.0
24,900.0

BF utilities
7.0
2,933.0
41,799.3
26.0
11,045.0
42,380.8

Ansal Properties
3.3
985.7
29,500.6
11.6
3,450.0
29,615.8

Dawn mills
100.1
11,763.5
11,657.6
2.4
294.0
12,252.9

Lok Housing
4.3
335.4
7,791.8
5.1
382.0
7,346.4

Ansal Buildwell
3.3
235.2
7,136.9
2.1
173.6
8,087.7

Prices are adjusted for rights, bonus and splits

Source (moneycontrol)
Technorati tags: Indian […]

India’s Real Estate Potential

Current real estate market size in India is estimated to be $12 billion (2004-05). the expected growth rate for this market is 33% to reach $50 billion by 2010. Indian real estate does not have any direct exposure to the US subprime credit market.

 
 
 
 
Segment wise growth in the next five years:

Office space: 5 […]

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