Latest Realty News of Chhattisgarh

Singapore seeks clarity on Modi's smart city concept
Aug 30, 2014
The government of Singapore has sought clarity on India’s concept of smart cities, even as it expressed keenness to invest in Prime Minister Narendra Modi’s grand plan of creating 100 such cities across the country.
Realty Expo Offers Resources to NRIs on India’s Housing Market
Aug 30, 2014
Bay Area Indian Americans keen to buy into their homeland got a crash course in property investment at the “Realty India Expo 2014,” held at the Double Tree Hilton Hotel here Aug. 23 and 24
PM Modi's 100 days: Smart cities set for take-off, state governments asked to identify cities
Aug 28, 2014
Among PM Modi's pet plans, few would be more significant to India than building 100 smart cities, as the country is in the middle of a massive wave of urbanisation
Donald Trump plans 30 hotels globally by 2020
Aug 25, 2014
Trump Hotel Collection, the wholly-owned hotel management company of the US real estate billionaire Donald Trump, plans to have 30 hotels globally by 2020 and India will be a major contributor towards this tally
Home loans: Making most of headwinds
Aug 23, 2014
Banks and non-banking financial companies (NBFCs) are getting active to make sure they get the maximum number of home loan borrowers when growth in real estate picks up
Realty demand looking up: Credai
Aug 22, 2014
The Confederation of Real Estate Developers of India (Credai) said the property market across the metros in the country was looking up and it expects good absorption in residential property in the next 6-9 months
Interest subsidy for low-cost housing to be hiked up to 5%
Aug 21, 2014
Home loans for the underprivileged are set to get more affordable with the government planning a new interest subvention scheme, which will meet part of the home loan burden
Housing, infra sector is not starved of bank finance: RBI
Aug 21, 2014
The Reserve Bank of India (RBI) on Wednesday said neither the infrastructure sector nor the housing sector was starved of bank finance
Cost of houses pretty high, scope for reduction: RBI's S S Mundra
Aug 21, 2014
Residential property prices in India have a lot of scope for reduction as supplies are sufficient, a top RBI official said
RBI Deputy Governor R Gandhi asks bankers to be innovative on home loans
Aug 21, 2014
The Reserve Bank of India will encourage banks and individuals to be actively involved in home loan deposits, a savings product that will help showcase the repaying ability of customers seeking to borrow money to buy a house
ICICI Bank offers single interest rate for home loans
Aug 21, 2014
ICICI Bank has announced a single rate of 10.15 per cent for all floating rate home loans up to Rs 5 crore for salaried individuals
Indians top investor in Dubai's real estate market
Aug 19, 2014
Indians have been ranked first among foreign investors in Dubai's real estate sector, making a total of 4,417 transactions worth nearly USD 3 billion in the first half of the year, according to an official report.
Cities With Highest Property Prices: Mumbai Tops The List
Aug 18, 2014
With the rise in urbanization, many people in India now rush towards urban areas to settle down. And as such, property rates in major Indian cities are witnessing sharp rise between June 2012 and May 2014, according to data by real estate firm research firm PropEquity.
Donald Trump: 'India's real estate market will pick up'
Aug 16, 2014
In the world of luxury property there are few more famous faces than Donald Trump - the multi-billionaire who built his fortune through New York real estate.
India real estate funds look to raise $1 bn from overseas
Jul 29, 2014
Indian real estate-focused private equity (PE) funds are hoping to raise around $1 billion from overseas investors, two people familiar with the matter said. Last year, realty funds managed to mop up close to $370 million from international markets, data from VCCEdge shows. Among the key realty funds that are in the market for money include Red Fort Capital, ASK Group, HDFC Property Fund and JP Morgan, these people said.
Realty, infra gain as RBI signals cheaper loans to priority sector
Jul 16, 2014
Shares of real estate and infrastructure companies are trading higher by up to 6% after the Reserve Bank of India (RBI) said banks would not have to maintain cash reserve ratio (CRR) or statutory liquidity ratio (SLR) and will not have to meet priority-sector lending targets for funds raised through bonds for extending credit to these sectors.
CREDAI expects 'Acche Din' for Real Estate Sector with the budget
Jul 11, 2014
Hyderabad: The real estate industry which has been looking forward for rapid development and growth in the real estate sector and infrastructure space since the NDA government has taken over at the centre, gets a place of importance in this budget.
Naya Raipur spurs Afghans to develop New Kabul City
Jun 24, 2014
RAIPUR: Chhattisgarh may have its name rolling across other countries now, with war-ravaged countries like Afghanistan wishing to learn from the planning and strategies of model city Naya Raipur and implement the same at its upcoming project of Kabul New City.
Housing Prices Can Fall on Transparency, Timely Approvals: HDFC
Jun 20, 2014
Calling for major reforms in housing sector, HDFC chairman Deepak Parekh has said transparency and timely approvals from different authorities can reduce home prices by almost 20 per cent.
Brahma Management to invest Rs 3,000 crore in Indian real estate sector
Jun 20, 2014
Nine years after it was formed, New York-based Brahma Management has lined up big investments for the Indian real estate market . Brahma, an FDI-funded investment and asset management company, has already invested around Rs 2,500 crore in the sector and has plans to put in another Rs 3,000 crore over the next two years.
Mahindra Lifespaces ventures into affordable housing segment
Jun 20, 2014
Mahindra Lifespaces Developers, the real estate arm of the Mahindra group, on Monday launched its new business vertical 'Happinest' that will focus on developing affordable housing projects.
Lukewarm response to RDA's sale of plots in Kamal Vihar
Mar 11, 2014
RAIPUR: Contrary to expectations, Raipur Development Authority's (RDA) move to sell plots in upmarket Kamal Vihar, East Raipur, almost after three decades, has evoked lukewarm response, with many buyers finding prices much higher than prevailing market rates.
Chit funds companies under lens in Chhattisgarh
Jan 04, 2014
RAIPUR: Chhattisgarh government has issued an alert to the district and police administration across the state to give a close watch on the activities of chit fund companies.
Chandigarh Housing Board loses construction of underpasses project to MC
Nov 20, 2013
CHANDIGARH: In an embarrassment for Chandigarh Housing Board (CHB), the Rs 80 crore project for construction of underpasses in the city has been taken over from the nodal agency and handed over to the municipal corporation.
National auditor questions working of housing board
Aug 28, 2013
RAIPUR: In a gross violation of laws and basic principles of accounting and auditing, the Chhattisgarh Housing Board (CGHB) has not prepared the income and expenditure statements and balance sheets for the past five years- 2007-08 to 2011-12. To top it all, the CGHB has been violating laws with impunity.

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