Real estate market is seeing action once again in certain pockets. The damage done by the economic slump on princes has almost been undone in several pockets of Mumbai, Bangalore and NCR. The real estate industry is picking up, but slowly and unevenly. While NCR has seen the highest number of project bookings in the… Read More »
Maruti Suzuki has become the first Indian company to sell more than a million passenger cars during this fiscal , with as many as 1,018,365 cars being sold from its showrooms during 2009-10. The company sold 870,790 vehicles in the local market and exported 147,575 cars from India. Both these figures were the best-ever, Maruti… Read More »
Hinduja Group is all set to enter into the car loan business in India. It received RBI approval, thus clearing its entry into the market. The group will venture into the vehicle financing biz as a new company, Hinduja Leyland Finance (HLF) which has been set up with a starting capital of Rs. 100 crore… Read More »
After Tata Nano, Maruti Cervo and Bajaj-Renault-Nissan’s ultra-low-cost car intentions, now is the time for Toyota to launch a product for the entry level market. The assumption was first started by a Japanese magazine. It had printed an artist’s mind’s eye of Toyota’s low cost car. The magazine says the car is believed to be… Read More »
Sales of cars and two-wheelers kept on increasing in March despite latest price increases and partial withdrawal of stimulus package, aiding market leaders Maruti Suzuki and Hero Honda to superb sales in 2009-10. Hyundai Motors, Tata Motors, Mahindra & Mahindra, General Motors, Ford, Fiat and TVS Motor also posted record annual sales and an unexpected… Read More »
A new survey states that Indians are primarily looking to purchase houses costing Rs 20-50 lakh. This means the new housing projects costing crores of rupees may not have many takers. Moreover housing demand in the National Capital Region, which has seen an array of lavish and expensive projects being started in the recent past,… Read More »
Hyderabad and Bengaluru are the 3rd most chosen real estate investment spots in 2010, nationally, as per online real estate website, Makaan.com. The real estate portal said that it held a nationwide online survey called Realty Trends 2010 for metros and Tier II cities throughout the country, which was participated by more than 4,800 prospective… Read More »
Realty sales in Mumbai Metropolitan Region (MMR) have decreased. The total area m sq ft sold in MMR in December 2009 as against September 2009 quarter, has fallen. Prices have gone up or remained flat in few instances. This implies that homebuyers are sticking on to their demand and applying control. Demand for expensive houses… Read More »
HDFC Bank sees incredible prospect in the educational loan segment and will be concentrating on the segment over the next years. This information was given by Ms Renu Sud Karnad, Managing Director, Housing Development Finance Corporation (HDFC).
Toyota’simage may have been hit after the Japanese carmaker had to recall its vehicles in the US, but in India the company sees no effect and is looking at a robust growth. Sandeep Singh, deputy managing director (marketing) of Toyota Kirloskar Motor said, “No impact in India. Our sales have doubled. It’s limited to the… Read More »