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| Govt for transparency, accountability in rural schemes | 04-AUG-09 |
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| The government today said it has decided to increase transparency and public accountability of rural schemes like NREGA by enforcing social audit and ensuring grievance redressal and by setting up district-level Ombudsman within the next 100 days. |
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| Realtors cheer govt move | 28-JUL-09 |
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| After feeling left out in the Union Budget of 2009-10 presented earlier this month, real estate developers have finally got a reason to cheer after Finance Minister Pranab Mukherjee announced various measures today to give a boost to affordable housing projects. |
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| Govt to provide 1% home loan subsidy | 28-JUL-09 |
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| Finance Minister Pranab Mukherjee today announced an interest subsidy of 1 per cent for one year on housing loans of up to Rs 10 lakh for properties worth less than Rs 20 lakh, a move that has been widely welcomed by realtors and home loan companies. The measure is expected to cost the exchequer Rs 1,000 crore. |
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| Parsvnath to raise Rs 2,500 cr | 24-MAY-09 |
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| Delhi-based Parsvnath Developers has decided to raise up to Rs 2,500 crore through issuance of securities , including Qualified Institutional Placements. The company has the approval of its board of directors. It will now seek permission from shareholders. |
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| Parsvnath aims to reduce its debt by a quarter | 30-APR-09 |
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| Real estate developer Parsvnath Developers is planning to cut its debt by a quarter by the end of this fiscal, even as it has stalled 11 of its special economic zone (SEZ) projects. |
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| Nothing to lift sentiment: Pradeep Jain | 17-FEB-09 |
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| The Interim Budget was not in line with industry expectations as it has not brought any relief for the real estate sector to bring the economy back on the growth track. It is very disappointing that the government did nothing to improve consumer sentiment and encourage home buyers. |
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| Realtors see 6-mth delay in revival | 17-FEB-09 |
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| Any revival in the real estate sector is expected to be delayed by at least six months as the interim budget did not announce any sops to the housing sector as anticipated by many companies. |
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| Parsvnath balance sheet to be under pressure | 13-FEB-09 |
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| Delhi-based property developer Parsvnath’s balance sheet may remain under pressure in the current quarter and the next financial year due to a decline in execution, high receivables coupled with overall slowdown in the property market, said analysts tracking the sector. |
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| Realtors plan cut in staff, wage bill | 25-OCT-08 |
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| Property developers, who are hit by the credit crunch, are planning to downsize staff, reduce salaries, shun hikes in a bid to tackle the slowdown in the property sector, where sales have halved from |
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| Industry looks at a big demand push | 15-AUG-08 |
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| The government’s move to raise wages for its employees on the basis of the recommendations of the Sixth Pay Commission is likely to boost demand for consumer durables, automobiles and homes, |
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| DLF posts 23% surge in Q1 profit on realisations | 01-AUG-08 |
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| DLF, the country’s largest real estate developer, recorded a 23 per cent increase in consolidated net profit for the first quarter of 2008-09. Net profit rose to Rs 1,864 crore from Rs 1,515 |
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| Parsvnath, others to hike prices | 30-JUN-08 |
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Surprising, it may sound, but property builders are gearing up to raise prices of their existing projects in the months to come. |
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