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We compile the news from Real Estate world which helps you understand market, plan your strategy, and formulate marketing plans as per the new realty trend and government policies. All the realty news is available on our powerful search engine. You can search for company-wise, trend-wise news from the real estate world. Just type the key world and find the related news through our advanced search.
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NEWS

Bangalore based Puravankara launched its luxury project in Coimbatore. Abu Dhabi rents may fall. Booking of third phase of ‘ Godrej Garden City starts. ITC to launch 600 rooms luxury hotel this year This year. Parsvnath partners with Sun Apollo for new residential project. Slow recovery expected in premium residential segment tial segment.

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Indian Real Estate

Entering an era of integrated growth
SIZE
	Real Estate and Construction is a US$16-billion (2006) industry in India
	There has been a rapid growth in the industry in the past few years
	Real estate share in total FDI increased from 10% in 2004-05 to over 25% in 2006-07 (estimated at over US$5 billion)
	High-demand growth has led to prices doubling over 3 years in many cities

POLICY
	100% FDI is allowed in real estate development subject to minimum scale norms of either
	25 acres in case of serviced plots or integrated townships
	50,000 sq. meters of built-up area for construction development projects
	Initial investment is locked-in for a 3-year period

OUTLOOK
	The real estate market is projected to grow to US$60 billion by 2010 at a CAGR of 40%
	Real estate companies have been successfully tapping the country's booming capital markets for funds
	Companies have also raised equity internationally at the AIM in London
	Tier 2 cities (non-metros) likely to experience faster growth in the future

Giving new dimension to real estate financing

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