Tag Archives: real estate

Builders Lobby Chief Welcomes FDI in Real Estate

Following the Indian government’s recent relaxation of FDI norms in the res estate segment allowing foreign investments, Indian builders welcomed the move describing it as encouraging gesture for new investors from across the world. Raheja Developers said it has made changes in their several existing business policies just to ensure the benefit of investors. "There is a requirement of 11 ...

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Unsold Houses Highest in Delhi, Mumbai, Bangalore: Report

The reality check on real-estate inventory shows that many flats built in metros remain unsold for longer duration, hitting the bottom line that the middle class is unable to buy them and the rich refuse to put in their money, while the government refuses to reduce tax on them. The alarming rise in the number of unsold flats in six ...

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