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Feb 20, 2015 01:05 PM ISTBangalore-based Prestige Estates Projects yesterday pre-launched two projects in Hyderabad, Prestige Highfields and Prestige Ivy League, that would cumulatively add about Rs 2,700 crore to the company‘s top line over the next few years, CMD Irfan Razack told CNBC-TV18 in an interview.
Jun 06, 2013 03:10 PM IST Two amendments to draft dilutes final bill - 1) lowering lock-in of customer advance from 70% to `70% & lower`, 2) removal of clause `Written Agreement in place before accepting > 10% advances`
Jun 06, 2013 02:38 PM IST Though the Bill will turn out to be a boon for the property purchasers and the consumers, it has received a lot of criticism from developers for not being inclusive in its approach towards them.
Jun 06, 2013 02:37 PM IST Projects can`t be launched before all construction plans passed and approvals in place. Will this delay the project cycle further? And will this be practical keeping in mind that the biggest reason for delays in any project is getting plans approved.
May 29, 2013 07:45 PM IST Are you planning to buy a second house? While you need to happy that you are adding another asset in your portfolio, you also need to do lots of home work.
May 16, 2013 04:04 PM IST A knowledgeable, involved and neutral Lender Engineer can bring tangible and definite advantages that go beyond the stamp of approval to the developer`s table.
May 14, 2013 01:30 PM IST It is generally accepted that improved road connectivity is very important for real estate growth. Most property brokers will make a big case out of an area's excellent road network and how this improves the appreciation value of a proposed property.
Apr 12, 2013 07:12 PM IST There is a steady and inflexible demand for studio apartments, both in the metros and tier 2 cities. These apartments are usually the first to be sold out in a residential project that features them.
Apr 10, 2013 06:24 PM IST Integrated townships are rather complex with lower FAR, more open areas and an emphasis on creating a sustainable living ecosystem with residential and commercial spaces supported by an infrastructure backbone of power, roads, water, drainage and sewage - a virtual living and breathing city.
Mar 28, 2013 04:05 PM IST Land acquisition has become a means for a multitude of middle-men to make a lot of money. This is because the tough regulations and complexities related to acquiring land today provide huge arbitrage to such people.
May 09, 2012 11:34 AM IST The world's major commercial real estate markets have been in recovery mode since the crisis of 2008/2009, with 2011 having shown the strongest evidence of an upswing so far.
Apr 23, 2012 02:20 PM IST Is the Indian real estate sector the right place to make a serious career in now? Compared to more developed countries, the Indian real estate sector still lacks sophistication and transparency.
Jan 24, 2012 02:00 PM IST Knight Frank India Pvt. Ltd. announced the launch of their database product “eyestate”. The product gives information and analysis of the residential, commercial and retail real estate market across the seven major metropolitan regions namely Mumbai, the National Capital Region, Kolkata, Bengaluru, Hyderabad, Pune and Chennai.
