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9 October 2008 year (time zone GMT 00:00)  Number of sources in English: 4955
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Realty demand slowing down in Bangalore

09.10.2008 13:22    indianrealtynews.com
According to a recent survey there has been a slowdown in demand by 6% to 7% in Bangalore. Bangalore South stands out is preferred area for investment followed closely by Bangalore North and East. Together, these three account for 77


Developers doing away with construction-linked plans

09.10.2008 13:22    indianrealtynews.com
Real estate developers including DLF and Unitech are now introducing 'time-linked' payment plans for home buyers, thus replacing the construction linked plans. By doing so, buyers become prone to higher risk of late delivery of homes, besides facing an indirect

RBI lowers CRR, home loan rates may fall

09.10.2008 13:22    indianrealtynews.com
The Reserve Bank of India's move to slash the cash reserve ratio has released Rs 20,000 crore into the market. This may lead to a fall in home loan interest rates. HDFC chairperson, Deepak Parekh, believes the fall in oil

Hansa group to set up industrial park in Punjab

09.10.2008 13:22    indianrealtynews.com
Chandigarh-based Hansa Group of Industries has diversified into real estate development and is setting up an industrial park in Derabassi (Punjab) near Chandigarh. The proposed park will be spread over 80 acres and attract an investment of Rs 132 crore.


Bangalore developer to raise $300M

09.10.2008 13:22    indianrealtynews.com
MetroCorp, a Bangalore-based developer, is reportedly close to raising $300 million (about Rs 1,400 crore) from leading global financial institutions, including Prudential Corporation Asia and Warburg Pincus. MetroCorp, has three projects under execution, and has lined up a bouquet of

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