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Feds, mortgage servicers agree on $25 billion homeowner relief
NEW YORK: US Attorney General Eric Holder, Department of Housing and Urban Development (HUD) Secretary Shaun Donovan, Iowa Attorney General Tom Miller and Colorado Attorney General John W. Suthers announced… Read more
Sahara, Turner join hands to build townships across India
NEW YORK: Sahara Prime City Limited, a Sahara Group company and one of India’s leading real estate developers, Turner Construction Company, a leading general builder in the United States and… Read more
NRI investments in property set to grow
An estimated 30 million NRIs, living in 130 countries, are sending remittances back home regularly. According to the World Bank, India continues to retain the top slot in remittances by… Read more
Eager response to Chhaya’s 3rd Home buyer Fair
NEW YORK: Chhaya CDC’s Third Annual Home Buyer Fair on Jan 28 was attended by close to 200 interested residents eager to hear about affordable housing opportunities. Residents from Queens,… Read more
Construction sector to see squeeze in order flow: Fitch
NEW DELHI: The construction sector is likely to witness further squeeze in order inflow in 2012 as corporates defer capex plan due to higher interest rates and slow economic growth,… Read more
Probe into use of black money in real estate
MUMBAI: The National Institute of Public Finance and Policy (NIPFP) has asked the inspector general of Registration and Controller of Stamps to submit the details of the three highest-value transactions… Read more
Real estate attracted $1,700 million in PE investments in 2011
Real estate emerged as the popular parking place for private equity funds who invested $1,700 million in the sector during 2011. Power sector that topped the PE charts during the… Read more
As Rupee falls, NRIs ‘home’ in on realty in Mumbai
The record decline in the value of the Indian rupee and the sluggish realty market have proved to be a double delight for overseas Indians investing in property here. Sunil… Read more
Realty thugs on prowl in Noida, NRIs soft target
Even as more and more people are moving towards the twin townships in search of affordable homes, the numbers of property frauds have also been increasing. Police records show that… Read more
DLF acquires additional 26% stake in Hilton Hotels
Real estate major DLF Ltd has taken full control of its joint venture with Hilton Hotels before selling the hospitality property as part of its strategy to divest non-core assets…. Read more
