New Delhi Housing Development and Infrastructure Limited (HDIL), a leading real estate developer has announced its results for Q1 ended 30th June 2010. The Turnover stands at Rs. 450.92 crores and PAT available for appropriation is Rs. 234.31 crores. Commenting on the results, Sarang Wadhawan, Managing Director of HDIL said “We are very pleased to [...]

Real estate has been a roller coaster ride over the past three years of bust and boom for investors who had hoped that bricks and mortar would be less volatile than more liquid asset classes (PDF of top 50). In spite of a large losses from the slump in property values, research from Towers Watson [...]

The recent imposition of service tax on residential properties will have only a minimal impact on the demand for residential properties in the real estate sector as most buyers in the market are end-users than investors. This service tax of 10.3 per cent on 25 per cent of the home value, which will translate into [...]