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India Property is one of the fastest growing sectors in the country and touching new heights. However, the rapid growth of Real Estate India is dependent on the government policies to facilitate investments in terms of foreign direct investment (FDI) Indian Properties and a booming economy.With the help of Indian government´s friendly policies, the Indian Real Estate industry has become the second largest employer after agriculture in India and its contribution is phenomenally high towards gross domestic product. It is only in last decade that Indian Property Market has started booming. There is great potential for good deals both in commercial and residential properties in the Indian real estate market. The positive outlook of Indian government is the key factor behind the sudden rise of the Indian Property & Real Estate sector - the second largest employer after agriculture in India.

News

India Property Real Estate

Townships generating own power will get 0.5 FSI: Maharashtra government
The Maharashtra government declared that it will give an additional incentive of 0.5 Floor Space Index (FSI) for all upcoming housing development projects / real estate projects spread over 100 acres on the city’s outskirts provided they generate their own power using renewable sources of energy.
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Sahara bends public issue rules on housing bonds
Subrata Roy-led Sahara India Pariwar is raising funds from retail investors through housing bonds, sold by two of its group firms without seeking approval from the capital market regulator Securities and Exchange Board of India (Sebi).
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Manufacturing, housing growth hikes in January: Federal Reserve
Increase in manufacturing and housing activity in the month of January resulted in economic growth. However, top Federal Reserve officials projected at their meeting last month that high unemployment will persist.
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India Property Infrastructure

Townships generating own power will get 0.5 FSI: Maharashtra government
The Maharashtra government declared that it will give an additional incentive of 0.5 Floor Space Index (FSI) for all upcoming housing developments spread over 100 acres on the city’s outskirts provided they generate their own power using renewable sources of energy.
More about Townships on India Property >>

Road ministry signs land contract with 20 states
The ministry of road transport and highways has signed state-support deals on land acquisition for highway construction with 20 states. In addition, some six states have expressed interest in signing the deal with the Central government.
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JK Lakshmi Cement to set up Rs1,000-crore unit in Gujarat
JK Lakshmi Cement may set up a new plant in Gujarat with an investment of Rs1,000-crore over the next 3-4 years to cater to soaring cement demand from the India infrastructure sector.
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India Property Retail

Biyani’s former partner to list retail assets on Singapore bourse
Sameer Sain-led Everstone Investment Advisors which recently split from Kishore Biyani-led Future Capital Holdings (FCH), aims to list assets held by his retail-focused private equity fund to give investors an opportunity to exit.
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Retailers hopeful of concrete roadmap for introduction of GST
The India retail sector is expecting that the Government to take note of its well-deserved expectations and bring about positive and encouraging policy changes to help provide a boost, said Ravi Shingari, Senior Manager, KPMG.
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Retailers keep expansion plans on hold
Most of the retailers have delayed their plans for raising funds through IPOs, bond issues or private equity owing to the government’s policy of not allowing more FDI into the India retail sector and also due to the low investor appetite.
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India Property Real Estate Policy

RBI concerned about teaser home loan rates
The Reserve Bank of India (RBI) is apprehensive about banks offering home loans with teaser rates, or schemes where monthly instalments rise after the initial years.
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International luxury hotel groups looking for partners
A few global luxury hotel chains are looking for opportunities in India, owing to the rise in hotel occupancy rates during the October-December quarter and the lack of sufficient hotel rooms.
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Government probe of SEZs made simpler
The government has cancelled one of the key provisions governing special economic zones (SEZs) to permit enforcement agencies to enter these zones without prior permission.
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India Property Hospitality

China, India become hotel hot spots in 2010
China, India, Indonesia, Qatar, Thailand, the United Arab Emirates, and the United Kingdom are the hot spots in 2010, according to newly-released data from STR Global
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Marriott may soon get Fairfield here
Hospitality chain, Marriott Group is thinking of introducing its budget hotel brand Fairfield Inn & Suites from its global portfolio to the Indian hospitality market.
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Fortune Park Hotels unveils business hotel in Hyderabad
Fortune Park Hotels Ltd, a wholly owned subsidiary of ITC Ltd, launched Fortune Park Vallabha in Hyderabad.
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India Property Building Material

JK Lakshmi Cement to set up Rs1,000-crore unit in Gujarat
JK Lakshmi Cement may set up a new plant in Gujarat with an investment of Rs1,000-crore over the next 3-4 years to cater to soaring cement demand from the india infrastructure sector.
More about JK Lakshmi Cement on India Property >>

Tax breaks on equipment supply will ensure higher productivity
Treat equipment supply to all indian infrastructure-related projects as deemed export by default, said Tushar Mehendale, Managing Director, ElectroMech.
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Cement despatches pick up
The 240-million-tonne cement industry rhave reported new high in despatches in January, due to robust demand from the cement consuming sectors.
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India Property Sustainability

Purification companies gain on water pains
Depletion of water resources is spelling boom time for purification companies as people living in homes seek to monitor consumption and recycle what they use. Such companies are increasing tapping the india residential segment.
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All SEZs have to get green certification: Centre
Existing and new SEZs will have to obtain a green certificate either from the Centre or organizations recognized by the Union government
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Ministry tones down objection to Navi Mumbai airport project
The environment ministry has toned its earlier stand objecting to the Navi Mumbai airport project for threatening 150ha of mangroves. It asked for a detailed environmental impact assessment (EIA) of the much-delayed airport project.
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