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Developers design luxury as competition mounts in realty market

Financial Express

Mumbai - Competition is hotting up in the $12 billion Indian real estate market with developers building skyscrapers and partnering with worldwide spas and engineering companies. City-based developer, Shree Ram Urban Infrastructure (SRUI), is planning to partner with worldwide spa companies such ....

Posted on:- 7/25/2008 11:41:53 AM

Indian builders need Chinese rules

Business Standard

It's now quite evident that real estate companies are in for some difficult times. CRISIL not only foresees a delay in many planned and ongoing projects, it believes several players are over-leveraged and that the combination of sluggish demand and rising costs will lead to a shakeout. In particular....

Posted on:- 7/25/2008 11:41:39 AM

Karnataka will not sell land adjacent new airport

Business Standard

Buckling under pressure from opposition parties, the BJP government in Karnataka on Tuesday said it has decided against selling 409 acres of excess land belonging to it at the new Bengaluru International Airport (BIA) to private developers. "We will not sell the land. Instead, we will keep it for....

Posted on:- 7/25/2008 11:41:26 AM

Escape to SAFETY

Others

AESTHETICS AND location are the two primary factors that go into judging a building’s worth in India. But a key factor that is often forgotten is safety. The latest National Building Code (NBC) of India guides builders and architects on fire safety, along with recommendations to all civil and struct....

Posted on:- 7/25/2008 11:41:12 AM

New Port of call for realty

Others

WITH EXPANSION activities of two major ports — Chennai and Ennore — and large special economic zones being planned, northern Chennai, often considered an industrial backyard, is expected to witness a spurt in real estate activities in the commercial and residential space.. The boom in IT and manu....

Posted on:- 7/25/2008 11:40:55 AM