India’s economic growth may surpass 8 percent in the coming financial year, Finance Ministry projections showed, allowing scope for a reduction in stimulus measures that would help the nation restrain its debt burden according to a recent report by Business Week. (more…)

Ceremonies are being held in Mumbai to mark the first anniversary of a series of devastating attacks on the Indian city by militants. (more…)

Tata Group chairman Ratan Tata said on Thursday that he felt that India was on the way to recover from the economic slowdown, though it may take more time for the US and UK to achieve the same. (more…)

A property owner may earn different types of incomes from his Indian property . This depends on the nature of the property and the purpose of its holding according to Ashish Gupta, ETBureau. Broadly, a property may either be residential or commercial. (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…)

Professional forecasters have added to Reserve Bank of India (RBI) Governor Duvvurri Subbarao’s dilemma on timing the exit from an accommodative monetary policy stance. (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…)

UK-based serviced office provider Avanta, which blocked properties at the peak of the realty boom in India and started offering office space to clients during the downturn, is in the process of shutting down its Mumbai operations after incurring significant losses. (more…)

Mumbai’s residential property prices are on the rise even as the buyer is not in a hurry to finish a deal. According to the city’s property registration data, there has been a 13% month-on-month drop in the number of apartments registered in August 2009 this year as compared with the previous month. This trend was holding out in September as well. (more…)

According to a report prepared by property consultant Knight Frank on Public-Private-Partnership model on housing in India, an estimated 11.84 million dwelling units are required to be built in India by the end of 2013-14 across all income segments in 37 Indian cities. (more…)