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1.We are now ready with a pan-India growth strategy

In conversation with Charu Bahri, Harshavardhan Neotia, Chairman, Ambuja Realty, and Padma Shri (1999), talks about the expansion plans and projects he has lined up for coming years.

2.Good Tidings

Despite hardening interest rates, the prospects for equipment financiers are still looking up, finds Charubahri. As chain reactions go, this is a predictable and happy one

3.NATCON 2010 to be held in Dubai

NATCON 2010 will be held from January 23 to 25, 2010, at Dubai. The convention will discuss ‘Affordability’ which is the new paradigm for the Indian Real Estate.

4.India Realty Expo 2010 held in Dubai

The 13th India Realty Expo 2010, held between June 3 and 5, 2010 in Dubai by Maharashtra Chamber of Housing Industry (MCHI), attracted nearly 2,847 NRIs.

5.CW Property Today launched

CW Property Today, a monthly B2B magazine which was earlier published in the Middle East, was officially launched in India by Deepak Parekh, Chairman, HDFC.

6.We plan to launch residential projects in Pune and Chennai in 2012

For this company, there’s only one way to go: up! Having built over 5 million sq ft of residential and state-of-the-art industrial properties in Pune, Mumbai and other parts of India, today Nahar Group is constructing almost 1 million sq ft of space annually.

7.HDFC Property Fund invests in Bengaluru

HDFC Property Fund has invested Rs 50 crore for a 21 per cent stake in Bengaluru-based Fortuna Projects’ SPV, which has been formed for two of the latter’s projects that will be launched in the next few months.

8.No price correction likely in Mumbai realty market: HDFC

Mortgage major HDFC on December 5 said a correction is unlikely in the runaway property prices in the metropolis, where the demand continues to be robust.

9.Banking on maturity

Bank credit is fast running out. Instruments and financiers to support the next wave of infrastructure development are works in progress. While infrastructure finance appears to be transiting towards maturity, Charu Bahri wonders if it is happening quickly enough.

10.Jagdish Capoor joins Nitesh Estates

Nitesh Estates, appointed Jagdish Capoor as its Independent Non-Executive Director. Capoor, former chairman, HDFC Bank, has also worked at the Reserve Bank of India for 39 years.

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