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Middle class dream goes flat in Kerala

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The middle class dream has always been to own a house. But with time it has nearly got out of reach for many as land prices have skyrocketed and independent houses no longer fit the budget of the mid

Owning a house still a distant dream

Owning a house is still a distant dream for most Hyderabadis thanks to high property prices. Of the total 8.81 lakh households in the city, only 49.6 per cent live in their own houses. It is significa

1.18L house site pattas given away

The state government has surpassed its target of one lakh in providing house site pattas to the poor, revenue minister K.A. Sengottaiyan informed the Assembly on Friday.

Replying to queries from memb

State ‘gifted’ 88,492 acres in over 5 years

Between 2006 and 2011, the Congress government has virtually given away 88,492 acres of land, costing the exchequer thousands of crores.

This and other startling facts were revealed by the Comptroll

Hospitality industry hobbled by land costs, taxes, delays: CII

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High real estate costs, lack of any tax incentive and bureaucratic hurdles are huge problems for the growth of the hospitality industry that is one of the country's top job earners, a survey revealed

Obama presents mortgage refinancing plan

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President Barack Obama on Wednesday presented a plan to revitalise the US real estate market that would allow millions of homeowners to refinance their mortgages and take advantage of the current hist

No hurry for sweet home

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It’s the thick of the festive season, the time of the year when discounts are available for almost any service or product. Property is no different.

In spite of the rising interest rate scenario, wh

Soaring prices pull down housing demand

Jan. 10: Soaring property prices and rising interest rates are likely to crimp consumer interest in housing during 2011, says rating agency Fitch. In some cities such as Mumbai, Delhi and Kolkata, rea

CBI shocked at Raja’s empire

Chennai, Dec. 10: CBI investigators who had raided the premises of the former telecom minister, Mr A. Raja, and his associates in the Spectrum scam are aghast at the brazen manner in which the ex-mini

State-owned bidders fuel China’s land boom

Aug. 2: The Anhui Salt Industry Corporation is a state-owned company that has 11,000 employees, access to government salt mines and a Communist Party boss. Now it has swaggered into a new line of busi

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I want to begin with a little story that was told to me by a leading executive at Aptech. He was exercising in a gym with a lot of younger people.

Shekhar Kapur’s Bandit Queen didn’t make the cut. Neither did Shaji Karun’s Piravi, which bagged 31 international awards.