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We source and regularly update only the most relevant property news items in India and place them at your fingertips. For press and media professionals please go to our Press & Media Section.

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Ansal to invest Rs 500 cr in low-cost housing

Ansal API on Thursday announced an investment of Rs 500 crore in the next l8 months to develop 10,000 affordable homes, which are expected to be priced between Rs 2.5 lakh to Rs9.51akh...

(22 January 2009) Full Story >>

 

Investment News

Indian Property Market Slump - 5000 Jobs lost in construction in Pune

Sample Image Pune, India seeing construction projects cancelled and workers laid off Falling sales, dropping prices and cash shortages have cause the cancellation ..... Full Story >>

 (16 January 2009). 

 
Editors' Choice News

Obama to inherit troubled economy

Sample Image Barack Obama's presidential election victory comes with an albatross of a prize - a U.S. economy beset by a stubborn housing slump and the worst finan..... Full Story >>

 (05 November 2008). 

   
Commercial News

Indian Property Developer Bailout Backfiring

Sample Image A recent initiative by the Indian government to prop up property developers by allowing banks to restructure and extend loans is backfiring and turnin..... Full Story >>

 (18 January 2009). 

 
Other News

Realty sector finds green the colour of money

Sample Image While all the real estate companies say that there is a new business opportunity in green buildings arising out of climate change, a majority of the f..... Full Story >>

 (25 August 2008). 

   
Rental & Lettings News

Mahindra Holidays to promote home stays in Kerala

Sample Image Kerala has tied up with Mahindra Holidays and Resorts to promote home stays in the state, which faces an acute room shortage during peak tourist seaso..... Full Story >>

 (10 September 2008). 

 
Funds News

Laxey opposes India fund plan

Sample Image The second biggest shareholder in Hirco, the Indian property fund, is urging a vote against plans for a reverse takeover announced a week before Chris..... Full Story >>

 (31 December 2008). 

   
Mortgage News

Interest rates have peaked, says HDFC's Parekh

Sample Image With inflation moderating slightly in recent weeks, HDFC chairman, Deepak Parekh, hoped that there would be no further interest rate hikes even though..... Full Story >>

 (10 September 2008). 

 
Economic News

Inflation shouldn't affect RBI rate cuts: Moody's

Sample Image After declining for 10 consecutive weeks, Inflation, based on wholesale prices, rose by 0.36 percentage points for the week-ended January 10, from 5.2..... Full Story >>

 (22 January 2009). 

   
Legal News

FIPB bars land resale by realtors with foreign JVs

Sample Image The Foreign Investment Promotion Board (FIPB) has clarified that foreign joint ventures in the construction and development business will not be allow..... Full Story >>

 (12 November 2008). 

 
Tax News

Real estate agents, tour operators under service tax scanner

Sample Image The tax authorities are preparing for a clamp-down on service tax evaders, especially unregistered real estate agents and tour operators. The newly c..... Full Story >>

 (26 August 2008). 

   
Currency Exchange News

Rupee rises on dollar selling by banks

Sample Image The rupee opened higher by 28 paise against the US currency today on dollar selling by exporters and banks after global equity markets registered earl..... Full Story >>

 (03 December 2008). 

 
Construction News

Scomi Bags RM 2 Billion Mumbai Monorail Project

Sample Image MUMBAI, Oct 17 (Bernama) -- Scomi Engineering Bhd, with its consortium partner, Larsen & Toubro (L&T), have won the bid to build the estimated..... Full Story >>

 (17 October 2008). 

   
Travel News

Kingfisher launches daily Mumbai-London flight

Sample Image Mumbai-London is the private carrier's second overseas flight after the one on Bangalore-London route that was launched in September. Kingfisher also ..... Full Story >>

 (05 January 2009). 

 
Technology News

Internet presence essential for destination marketers in India

Sample Image With over half of Indian travellers using the internet to search for information about destinations aboard, travel operators and tourist bodies need a..... Full Story >>

 (12 December 2008). 

   
   
   



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