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Changes recommended for REMFs
Real estate mutual funds (REMFs) or real estate investment trusts (REITs) as they are known in the US were granted…
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Builders to Submit Performance Guarantees
Real estate developers in India may now be required to submit a performance bank guarantee, if the proposal submitted by…
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Ban on ECBs by Indian Real Estate Companies may be Withdrawn
The Reserve Bank of India (RBI)’s ban on External Commercial Borrowings (ECBs) may be revoked once its inflation control efforts…
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Single cap for FDI, FII on the cards
After much debate on the cap on foreign direct investment (FDI) and foreign institutional investors (FII), the Indian government is…
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Property Show for NRIs in Dubai and London
The "India Property 2007" exhibition is being hosted by the Confederation of Real Estate Developers Association of India (CREDAI) and…
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Property Prices Level Off in Bangalore
Property buyers in Bangalore can breathe easy as homes become more affordable in the city - real estate agents report…
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Emaar-MGF announces Project Portfolio
Emaar-MGF is on a major expansion spree with grand plans of real estate projects located across several Indian states.
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Reliance SEZ meets Board’s Approval
Mukesh Ambani’s Reliance Group finally received the go-ahead from the Board of Approval for a 440 acre multi-product Special Economic…
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Lock-in Period on NRI Investments in Real Estate Likely
To further restrict foreign investment in real estate India , the Government is preparing to introduce a lock-in period for…
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DLF Makes Inroads in SEZs and Infrastructure
DLF’s investment in Special Economic Zones (SEZs) in India would cover 26,100 acres in the next two years, and aims…