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Real Estate Updates
Terming RBI's decision to reduce cash reserve ratio (CRR) as a "positive step", the realty body CREDAI said the move would enable financial institutions to fund real estate projects.
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Builders are now adopting a new concept of ‘factory-made homes’ which uses pre-fabricated technique to construct houses in India. more>>
Serviced apartments are gaining popularity at a fast pace in India. These apartments are on high demand as it fetches good return of investment to buyers in India. more>>
The U.S. consulate properties are being auctioned in India by the U.S. government which has created a buzz among prominent real estate players in Mumbai, who are generating more interest and bidding high on such properties. more>>
Realty sector, facing severe credit crunch due to higher interest rates that had forced the developers to scrap new launches. more>>
Ahmedabad developers are coming up with innovative marketing strategy to lure customers by offering free cars, gold, silver and LCD television sets, as freebies for plot buyers. more>>
Today people are more concerned about the environment they are living in, which has raised the demand for eco-friendly green homes among potential buyers. more>>
Real estate developer Lodha group has roped in UK-based Yoo to design, brand and market one of its two luxury towers coming up in Mumbai. more>>
The rise in demand for residential property in Bangalore has given a good scope for the development of commercial projects. more>>
To bring investors back into the market, realty players will have to focus on improving their cash flow position and reduce debt among others. more>>