According to Standard & Poor’s Index Versus Active Funds, a majority of the actively managed Indian equity mutual funds have underperformed their benchmark indices in the past 5 years, Nearly 53% of large cap equity funds failed to beat the S&P CNX Nifty. Nearly 5…
Home Search Centre : SBI to launch in Kozhikode
India's largest public sector bank, State Bank of India (SBI) is launching a ‘Home Search Centre' at its Specialised Personal Banking Branch in Kozhikode, which help prospective buyers of housing properties in and around the Kozhikode city.
This is the first such f…
HDFC Red: Online Property Search Portal in Kolkata
India's Housing finance major HDFC has expanded its services to potential customers with online property portal HDFC Red (Real Estate Destination)
Mr. Sohel I S, CEO, HDFC Developers said, "It is a free service to people to help them in property search. Earlier i…
Share Review : Gateway Distriparks Target Rs. 190
Gateway Distriparks (GDL) is the only logistics facilitator in India, with 3 verticals which are synergistic and capable of being interlinked – container freight stations (CFS), inland container depots (ICD) with rail movement of containers to major maritime ports and cold …
Tata Housing: Launches low cost integrated township
Tata Housing in collaboration with Arvind Real Estate on announced the first phase of the low cost integrated township scheme namely Shub Griha
A special purpose vehicle (SPV), Arvind and Smart Value Homes LLP, has been created for the project which is aimed at providing b…
Unitech: 7,000 acres land bank
India's major realty company Unitech's performance for the quarter ended December 31, 2011 was characterised by lower sales, contracted margins, slow execution of projects and an unchanged debt burden.
The consolidated net profit of Rs. 58 crore has been the lowest…
CREDAI Bengaluru, Bangalore Realtors Association : Bilateral Agreement
CREDAI Bangalore Chapter has added another feather to its cap by joining hands with BRA-I (Bangalore Realtors Association India). Both the real estate bodies signed this epoch making bilateral cooperation agreement.
This association will enable both the trade bodies to exc…
Union Bank Of India: May cut home loan rate next month
The Mumbai based public sector bank, Union Bank of India may cut interest rates on home loan next month. Mr. M.V. Nair , CMD ,Union Bank of India said, ''If NIM (net interest margin) continues to hold strong, we may reduce rates especially on the retail sides like h…
Realty Plus Excellence Awards : March 2, 2012
Bengaluru is going to play host to ‘Realty Plus Excellence Awards (RPEA) 2012’, a mega annual event, keenly awaited in the Indian real estate sector. Organised by Realty Plus, the India's leading real estate magazine, ceremony to be held at Bengaluru’s Matthan on Frida…
PropEquity Survey : 77% housing projects in NCR delayed
According to a survey by real estate research PropEquity, 'One third of the housing projects in Mumbai & Bangalore and over two- third in NCR (National Capital Region) will be unable to complete work on time mainly due to a severe fund squeeze, released on Friday. …
