Daily Archives: July 5, 2010

Chennai: Private Equity (PE) firms invested about $2,364 million across 67 deals during the quarter ended June 2010, according to a study by Venture Intelligence. The latest numbers take the total PE investments in 2010 to $4,571 million (across 138 … Continue reading →

MUMBAI: Banks, real estate and automobile shares could lead the stock market lower on Monday, after the Reserve Bank of India (RBI) raised interest rates sooner than expected to combat inflation. With the Reserve Bank of India expected to go … Continue reading →

The government has issued clarifications on the service tax on real estate and air fares proposed in the Budget. According to the Thursday clarification, if you bought an immovable property (residential or commercial) before 1 July, you don’t have to … Continue reading →

The ‘Non-Resident Hyderabadi’ junta is giving city realtors a hard time. With most of these globe-trotters deciding against investing in real estate this year, city builders are already bracing themselves up for a 40-50 per cent drop in their 2010 … Continue reading →

The yet to be finalized real estate price index should be based on property prices in 13 cities, a committee has recommended. The committee, which has submitted the report to Reserve Bank of Indian (RBI), has said the data can … Continue reading →