News Archive: 2010

19, 2010 December:

Indian commercial subject to higher tax slot in 2011?

Luxury hotels, schools and gymnasiums will soon have to shell out more property tax for the Municipal Corporation of Delhi (MCD)...

13, 2010 December:

Air India ordered to rehire overweight attendants

An Indian court has ordered a state-run Air India to rehire an airline hostess that the carrier had sacked nearly a decade ago for being overweight...

21, 2010 November:

Soaring land prices push Indian property costs up

Soaring land prices and higher construction costs could result in property prices rising in India if developers pass on the increases to buyers and concentrate on more profitable luxury projects, it is claimed...

18, 2010 October:

The billion dollar home

The richest man in India, Mukesh Ambani, has moved into his new home in Mumbai which is 27 storeys high and worth £630m...

07, 2010 October:

Increase in India real estate needed to meet demands

A study conducted by property firm Cushman & Wakefield India has revealed that the country will need approximately 240 million sq. ft of commercial property and about 4.25 million units of residential real estate to meet the demand in the coming four years...

06, 2010 October:

Property developer in Punjab controversy

Controversy has arisen over real estate developer, DLF, looking to develop a mega industrial park in panchayat lands...

05, 2010 October:

India requests affordable property for urban poor

Aiming to make India slum-free, the Indian government invited banks, other financial institutions and the real estate sector to use its interest subsidy scheme for construction of affordable houses for urban poor...

01, 2010 October:

12 million square feet of residential projects to be launched

This fiscal year, Sobha Developers are to launch residential projects of around 12 million square feet...

29, 2010 September:

Experts discuss growth of urban India

Tomorrow a host of industry experts will converge to deliberate on various issues troubling the planned growth of urban India in a burgeoning economy...

Frugal trends in post-recession travel

Corporates look to save money on travel costs during the post-recession recovery process...

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