Non-performing assets (NPAs) in commercial banks have gone up to an alarming level, most of it caused due to restructuring of loans to the Indian real estate sectors. (more…)

The Indian parliament is gearing up to pass the much talked about real estate regulatory bill in the winter session. The industry is keenly watching out for this one as the first draft was found to be faulty and rather lopsided , excluding the government bodies from it. (more…)

Duvvuri Subbarao, the Reserve Bank of India (RBI) governor, left key interest rates unchanged in the second quarter monetary policy review. However, by tweaking a few provisions, he signaled his focus on controlling asset prices and monetary inflation. (more…)

Impressed by the infrastructure development and synergy between town planning and bylaws in Japan and South Korea, real estate players in the city now believe vertical growth is the solution to the crunch of land in Ahmedabad. Recently, a team of around 120 real estate developers of Gujarat had been on a 10-day tour to Japan and South Korea. The tour was organised by Gujarat chapter of Confederation of Real Estate Developers Association of India (Credai). (more…)

Emaar’s Indian property unit plans to raise US$800 million (Dh2.93 billion) through a share sale that it was forced to shelve last year because of tumbling global stock markets.

Emaar MGF, the Indian subsidiary of Emaar Properties, has filed the initial documents required for its planned initial public offering (IPO) to the Securities and Exchange Board of India, the company said in a statement to the Dubai Financial Market.

HUNDREDS of Britons may lose their holiday homes and life savings in the Indian tropical paradise of Goa after falling foul of changes in local laws and scams by builders and lawyers. (more…)

DLF, the India’s largest property developer, will soon conduct a poll among Indian property brokers to decide the pricing and number of apartments to be offered in the second phase of its Capital Greens project in West Delhi. (more…)

Leading bankers have cautioned real estate developers in India against raising residential prices, saying that any such move at this juncture would stall recovery in the market. (more…)

Sherwoods Independent Property Consultants is to open an office in New Delhi this summer as investor appetite grows amid a shortfall of four million residential units in the Indian capital. (more…)