NOV
12, 2006
DIRECT NEWS
Place: Delhi
360 Degrees announces launch of ‘Liberty Smart Living
Awards 2006’
The awards are partnered by BAI (Builders Association
of India), CREDAI (Confederation of Real Estate Developers
Association of India), CETMA (Consumer Electronics and
TV Manufactures Association), IIID (Indian Institute of
Interior Designers) and NARDECO (National Real Estate
Development Council) to name a few.
http://www.agencyfaqs.com/media/media_newslets/Media/10626.html
NATIONAL NEWS
Place: New Delhi
Reserve Bank of India not for upsetting growth effort
The immediate outlook for the economy is therefore viewed
with optimism as the efforts to attract foreign direct
investment in a big
way and the development of SEZs on ambitious lines may
place the economy on a new growth path as visualised by
the Prime Minister.
http://www.hindu.com/biz/2006/11/13/stories/2006111300501400.htm
Place: New Delhi
DLF to build Orissa's first SEZ
Leading real estate developer DLF Ltd is to build Orissa's
first Special Economic Zone (SEZ) here mainly dedicated
to IT.
http://www.indiaenews.com/business/20061111/28348.htm
Place: New Delhi
Boom time for realty stocks
Boom in the real estate sector is reflecting in share
prices of realty companies, which have gone up by three
to 40 times in the
last one year. Earnings per share (EPS) of these companies
have also improved, but not to the extent that is reflected
in share prices.
http://timesofindia.indiatimes.com/Boom_time_for_realty_stocks/articleshow/421456.cms
Place: Chandigarh
States fail to use surplus funds
With a boom in the real estate, overall improved growth
rates and better tax collections after the introduction
of VAT, the
economic condition of the states has registered a substantial
improvement. “Besides, there has also been an increase
in the transfer
of funds from the Centre to the states,” maintained
Mr P.K. Bansal, Minister of State for Finance.
http://www.tribuneindia.com/2006/20061113/main5.htm
Place: Mumbai
Record tender rate in Navi Mumbai
It is Mumbai's twin city after all. Real estate prices
in Mumbai are spiralling upwards and the trend is being
duplicated in Navi Mumbai.
http://www.hindustantimes.com/news/181_1841319,000600010004.htm
Place: New Delhi
Will real estate IPOs get good response from investors
Real estate stocks are doing very well this morning partly
because of the rub-off of the huge over-subscription of
the Parsvnath issue.
S Subramanium Head of Investment Banking at Enam and Atul
Mehra ED and Head of Capital Markets at JM Morgan Stanley
comment on the recent real estate IPOs
http://news.moneycontrol.com/india/news/marketoutlook/atulmehrajmmorganstanley/willrealestateiposgetgoodresponseinvestors
/14/49/article/250658
Place: New Delhi
Say no to pests
Increased urbanisation and busy lifestyles often lead
to unhygienic conditions, as our cities are becoming more
crowded and dirty.
The incidence of pests and diseases caused due to pests
is bound to increase . In such an environment , pest control
is not a
luxury but a necessity . It is about staying healthy,
disease-free and happy.
http://economictimes.indiatimes.com/articleshow/417610.cms
Place: Mumbai
Clean sweep
Fast growing cities have begun a new era in the construction
of high-rise residential and commercial building complexes
at an alarming rate. In this changing scenario, the garbage
collection from every floor and its disposal has become
a tedious job
http://economictimes.indiatimes.com/articleshow/417642.cms
Place: Mumbai
Make it bloom
Flowers and trees bring beauty to the house and since
they also carry positive energy they do help in achieving
prosperity. However,
in order to achieve this, they must be grown in the right
direction around the house or the main building
http://economictimes.indiatimes.com/articleshow/417654.cms
INTERNATIONAL NEWS
Place: Hong Kong
Indian property company to list in London
Investors looking for exposure to the Indian real estate
sector will have another choice this week through a property
investment company that aims to list in London.
http://www.financeasia.com/article.aspx?CIaNID=42047
Macau Set for Expo Real Estate Asia 2006
REAL estate prospects in Asia are steadily gaining the
attention of the Western world. The Far East was reported
to have an average economic
growth of 7.7 per cent in 2005, while Hong Kong's economy
grew by 8.2 per cent in the third quarter of the same
year.
http://www.blackenterprise.com/yb/ybopen.asp?sectionfiltered=ybbf&story_id=100204594&ID=blackenterprise
Purchase of property far away requires a lot of
forethought
It takes deep pockets to stay the market and not just
jump in because of a hot market. Also stay away from distant
rentals --
only those within 30-minute driving. Management and maintenance
fees could eat all of your profits!
http://www.belleville.com/mld/belleville/business/15987560.htm
