Today, Yamuna Expressway Authority declared the results of its Residential Plots scheme in 300 sq yard and 500 sq yards category. As many people logged in to check the results at the same time, the website of YEA got hanged and hardly anyone could check the results. Indian Property Review (IPR) has got access to the direct link with which you can .. more »

A top Indian government panel cut its growth forecast for Asia’s third-largest economy on Friday, blaming a battering from the global slowdown, and its chief said there was room for more cuts in interest rates. In its review of the economy, Prime Minister Manmohan Singh’s Economic Advisory Council said expansion would slow to 7.1 percent for .. more »

As RBI indicates banks to provide support to big real estate firms, the troubled realty firms may soon be able to have a sigh of relief. According to a senior banker, the apex bank has recently written to selected banks asking them to finalize a workable solution after assessing the financial support given to builders. As RBI raised interest rate .. more »

Confederation of Indian Industry is in the favour of restructuring of loan facility for retail borrowers to spur demand for consumer durables.“While the extension of restructuring guidelines to the real estate sector is welcome, there is also an urgent need to enable restructuring of facilities for the retail borrowers, who constitute the .. more »

IL&FS Investment Managers has raised around $895 million (Rs. 43,855 crore) for its second real estate fund. The fund, called the IL&FS India Realty Fund 2(IIRF-2), which was closed on Monday, promised overseas investors a return as high as 25%, the company said on its website. Compared to a target of $750 million, the company raised .. more »

A dream home in Chennai has become a lot cheaper. Hit hard by the financial meltdown, the construction industry is trying hard to get back to brisk business through affordable housing. Now, the new price tags are a little over Rs nine lakh for a 450 sq ft single bedroom apartment and Rs 14 lakh for a 900 sq feet two bedroom apartment... more »

India’s central bank slashed key interest rates by 1 percentage point Saturday amid signs of slowing economic growth and damaged investor confidence following the recent terror attacks in Mumbai. The cut, to take effect Monday, will bring the benchmark repo rate, at which the central bank makes short-term loans to commercial banks, from 7.5 .. more »

Many Indian real estate and construction firms and architects are feeling the heat of a real estate slowdown—in West Asia. The credit crisis cuffed the UAE after lending to its booming real estate sector dried up and property prices plunged Over the past three-four years, developers and construction firms such as the Dheeraj Group, Hiranandani .. more »

Pacifica Companies is multi-talented Real Estate Group. Founded in 1978 by Ashok Israni, Pacific’s vast real estate portfolio includes Hotels, Office buildings, industrial buildings, retail shopping centers, apartment projects, mixed-use developments, residential communities, and land development projects in US as well asinIndia. Corporate .. more »

The latest update of entertainment news over the three releases today, Shahrukh Khan turns property developer and more... more »

The much-awaited economic stimulus package is likely to be announced by Prime Minister Manmohan Singh on Monday (December 8). The comprehensive relief package will include incentives for the realty, financial services and export sector to help them tide over the current financial crisis. This could include sops for low cost housing projects and .. more »

Royal Institution of Chartered Surveyors from UK, a leading organisation of its kind in the world for professionals in property, land, construction, and related environmental issues, on 4 Dec. announced setting up of an institute for the real estate sector in the country. Over one lakh property professionals working in the major established and .. more »

Hyderabad builders are hoping for a fresh start in the coming new year. This enthusiasm is due to the likely bailout plans (to be announced) by the Government for realty sector on December 8, 2008 . Real Estate has been going through tough times for the last six months. The AP Builders Forum and Greater Hyderabad Builders Federation are hopeful .. more »

Anupam Mittal, CMD, People Group (Shaadi.com, Makaan.com etc) being interviewed by Real Estate Television in Bengaluru. Interesting perspective on the current real estate market in India and what the next few months have in store for property seekers in India.. more »

Jaypee Greens Property Show……….... more »