The only yield from gold is its appreciation. In recent years, gold has been a favoured asset even among individual investors because of greater uncertainly in the real estate and stock markets. The international price of gold has been consistently rising since 2003
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It is expected that gold price will double in the next 10 years
“There is no (real estate) bubble, but the risk is if (property) prices rise faster than average income growth of say 15 percent, it could decelerate demand for homes,” said Lodha. “(Real Estate) Bubbles occur when buyers too willingly keep paying higher prices; consumers today want value for their hard-earned money.” Lodha Developers Ltd., an Indian property company that’s planning an initial share sale, expects its home sales in India will climb about threefold as a record low benchmark interest rate encourages buyers to take loans
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Lodha’s ‘Strongest Year’ May See Home Sales Triple by March
Vikas Sinha brought to Delhi by ED officials for further interrogation New Delhi , Nov 8(ANI): Vikas Sinha, an associate of former Jharkhand Chief Minister Madhu Koda, was on Sunday brought to the national capital by the Enforcement Directorate … Select Category, Americas, Asia, Business, entertainment, London, Washington, health, india, India News , International, Lifestyle, National, Mumbai, New Delhi , Odd news , pakistan, politics, Religion, sci-tech, science, sports …
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Koda associate surrenders before I-T officials in Ranchi
IMPHAL, Nov 8: Council of Tribal Literature Societies, Manipur has expressed satisfaction over the recomm- endation of the Union Cabinet, Government of India for inclusion of the tribes namely Inpui, Liangmei, Mate, Rongmei, Thangal and Zeme in the list of scheduled tribes. In a statement, Council chairman Ragongning Gangmei described the recommendation as a historic decision and landmark for the people in the Northeast India specially Manipur …
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ZOLENGTHE » Blog Archive » Mate Tribe Council thanks Government
Indians now account for close to 20% of all realty sales in Manhattan, and 30% of all enquiries made, says Raphael De Niro, ( son of Hollywood star Robert De Niro ) MD of New York’s biggest property broking firm Prudential Douglas Elliman. Prices of residential apartments in Manhattan have slipped 20-25% off their peak in end-2007. Mr De Niro says he is currently negotiating with several Indian buyers who are public figures in India.
It was through Tawang, a revered seat of Buddhism, that the Dalai Lama escaped the Chinese to enter India where he set up base in Dharamsala in Himachal Pradesh . Tawang is also spiritually important for the Tibetans as the sixth Dalai Lama was … Harendra Singh, the personal secretary of former Jharkhand chief minister Madhu Koda, allegedly threatened to shoot a news channel reporter in Ranchi Sunday when the latter asked him about his role in the Rs.2500 crore money …
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I am not encouraging separatist movement in China: Dalai Lama …
Hi-tech township policy of Uttar Pradesh Government: A lot of high-tech townships are coming up in Uttar Pradesh after the state government’s policy in 2003 to promote development of high-tech townships with better quality of living, work and entertainment facilities. Considering the acute shortage of housing and infrastructure services, the state government announced an open-ended hi-tech township policy in May 2006 to promote private investment through development of varying sizes of such townships.
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High-tech townships of Omaxe, 3C Company and Chadha Group in Uttar Pradesh
With real estate prices going down by a whopping 25-30% and hitting rock bottom in some geographies and distress asset sales becoming the order of the day, there could be no better time than this to pick up a dream home abroad. And experts confirm that the decision to buy property overseas is driven strongly by an end-use perspective. Some of the places which now offer good investment opportunities for HNIs include the Middle East, especially Dubai.
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High Net Worth Indians and NRIs are, again, eying foreign shores for real estate investments
According to a statement issued by the North East Support Centre & Helpline (NESCH), the manager of the Metropolitan Mall identified as Vijay (30 yrs) molested Sonia (20 yrs name changed) from Manipur after she refused to look at nude pictures on the computer. The incident happened at around 9.20 pm on Friday when the girl was alone in the show room sitting in front of computer. “He forced me to sit and watch nude picture and he grabbed me ..
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ZOLENGTHE » Blog Archive » Northeast girl molested by a …
Home loan takers can avail of ‘Power Plus Home Loans’ at an interest rate of 8 per cent for the first year. From the second year onwards these loans will carry a floating rate of interest based on the bank’s Mortgage Reference Rate.
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Axis Bank introduces special home loan rate of 8 per cent till December 10, 2009
Mahindra Lifespace Developers Ltd (MLDL), formed as a result of a merger between the realty arms of Mahindra and GE Shipping in 2001, has outlined a vision to develop area of 4 million sq ft in the residential real estate space to be launched in the near-to-medium term in Mumbai, NCR, Chennai, and Nagpur. What are your key real estate projects in the commercial, residential and retail segment
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Interview of Anita Arjundas, managing director & chief executive officer, Mahindra Lifespace Developers Ltd
Imphal, Nov 6: Out of every 200 persons three are infected with HIV/AIDS in Manipur , according to the Project Director (Technical) of MACS, Dr Kh Pramod Kumar. During the ongoing three-day training programme on the theme, ‘Training for Trainer – One Life Education on … Notably, nearly 5000 people have died of AIDS till March this year while more than 2000 children are living with HIV/AIDS in the State, according to NACO.
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ZOLENGTHE » Blog Archive » 'Out of every 200 persons three are …
In normal times, possibility of property price rise works as a stimulus for the property buyer who is taking too much time to book a flat. In good times, property price hike creates a mass hysteria of booking without thinking
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Do you think that property buyers will stop booking flats if builders keep on increasing the property rates at this point of time?
Looks like that 3i and Indiareit, investors in Blue Ridge Hinjewadi are doing well! As per the news in The Financial Express , Indiareit Fund Advisors Pvt Ltd, a real estate fund manager promoted by the $1.8-billion Piramal Enterprises, is preparing to raise a $500-million offshore fund. To raise this new offshore fund, Indiareit is wooing London-based private equity and venture capital firm 3i, which manages 11.7 billion euros worth of assets globally.
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Good news for those who have booked a flat in Paranjape Schemes’ Blue Ridge Hinjewadi
China has strongly protested the Dalai Lama’s visit starting Sunday to the Indian state of Arunachal Pradesh, which lies at the heart of a long-running border dispute between the two Asian powers. … On Thursday, India effectively barred foreign journalists from covering the event, in an apparent effort to ease Chinese anger by reducing news coverage of the trip
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India's remote northeastern state readies for controversial Dalai …
Virendra D. Mhaiskar, chairman and managing director of IRB Infrastructure Developers Ltd, says the future could be big road projects such as expressways and allied infrastructure IRB can execute projects worth around Rs6,000 crore from internal accruals and has around Rs1,500 crore to Rs2,000 crore of head room to bid for projects. What next?
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IRB aims to become debt-free, paving way for acquisitions
12 statement released by the CPI (Maoist) declared that the Indian state did not have the capacity to fight its cadres across the different states they were operating in. Sahni said the only way to address the Maoist insurgency is to address the grievances of the people, because the Maoists leadership is ”harvesting grievances” and will be looking to provoke more repression by the armed forces, which will, in turn, cause greater … Global Analysis.
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RIGHTS-INDIA: Gov't Urged to Rethink War on Maoists : Global …
NEW DELHI — India effectively barred foreign journalists Thursday from covering a rare visit by the Dalai Lama to a Buddhist monastery close to Tibet in an apparent effort to ease Chinese anger by reducing news coverage of the trip. …. October 22nd, 2009 Dalai Lama to tour Indian region despite China ireDHARMSALA, India — The Dalai Lama is going ahead with a scheduled visit to India’s remote northeastern state of Arunachal Pradesh next month, ignoring protests by China, …
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India stops foreign journalists from covering Dalai Lama's visit …
“I am looking forward to being around the Lancashire dressing room more now I have retired from Test cricket and this contract will also give me the flexibility to play other forms of one-day cricket around the world, which hopefully help me develop as a player and in turn, help Lancashire and … “It’s great that he is going to be with us, and I’m sure our supporters will be just as thrilled with the news .” Bet with SkyBet World Cup 2011 Winner Win Outright: England 8/1 …
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Cricket365 Flintoff signs new deal with Lancs
The Munjal family-controled Hero group, better known for its motorcycles, is entering the real estate business, with nearly Rs. 200 crore already invested The cash-rich Munjals are turning the current slump in real estate into an opportunity as they had no previous exposure in the business historically marked by aggressively priced land deals. The Ludhiana-based group plans to launch over the next two weeks an integrated township in the pilgrim town of Haridwar.
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Hero group in real estate with an integrated township in the pilgrim town of Haridwar