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News
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New ECB norms may restrict foreign money in real estate
The recent restrictions on external commercial borrowings (ECBs) aim at slowing down the inflow of foreign debt into the real estate sector, the government said on Monday. The finance ministry, in a directive issued last week,
InnoVida to Produce Revolutionary Construction Materials in Turkey
MIAMI, May 21 /PRNewswire/ -- InnoVida Holdings, Inc. (InnoVida) recently announced plans to construct three manufacturing plants in Turkey, with the first of three plants slated to open the third quarter of 2007.
Cash crunch forces small realtors to tap grey market
Caught in a liquidity crunch following a series of anti-inflationary steps taken by the government, including the ban on external commercial borrowings (ECBs) in township projects, the bigger developers
Real-estate market sees a sharp decline
India's once-buoyant real-estate market has gone into a deep freeze with more than a 50 per cent drop in actual transactions
RBI seeks ECB details from real estate firms
Reserve Bank of India (RBI) has cracked the whip. The apex bank has sought clarification from six real estate companies on their proposal to raise external commercial
Freedom Tower and New Plans for WTC, New York
Architects have presented striking new plans for the site of former WTC twin towers in Lower Manhattan in New York, USA. These are in addition to the freedom tower and Ground Zero.
Investors line up for India's real estate
country's biggest real-estate developer, DLF, inked a $20 billion deal with the largest privately held real-estate developer in the world
Realty boom in Pune sparks creation of institute for trained professionals
Pune’s promoters and builders have got together to set up a Real Estate Academy for Developers (Read).
India Inc to impart 'realty' lessons
Developers to launch own courses, tie up with foreign institutes to counter lack of trained manpower
Realty lobby to move court on rent tax plan
CREDAI team to appeal to finance minister to withdraw the service tax.
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