News: ski property investment

The most recent ski property investment news from a variety of international property news sources.

Hike in CRR signals end of special loan rates

The hike in cash reserve ratio (part of deposits that banks have to park with the RBI) will signal the end of special home (also called teaser home loan rates) and auto loan rates. It is also expected to jack up borrowing costs for companies.
“These rates will come to an end by march,” said MV [...]

Whistler Resort Facing Foreclosure Before Winter Olympic Games

With the world’s attention turning to the Winter Olympics in Whistler, Canada, a major ski venue in the Games is facing foreclosure. Olympic officials insist the situation poses a minimal threat of disrupting events, and Canada’s government would reportedly intervene to prevent that embarrassment…

Khivraj Estates to promote Rs 4 lakh apartment

Owning a dream home for many a poor Chennaiite could soon become a reality with a leading builder, Khivraj Estates, all set to promote a low-cost residential project at Thiruvottriyur, 10 km from the city centre, at Rs 4 lakh per 269 sq ft studio apartment. The project will come up in an area where [...]

Realty firms revive projects in Kolkata

Developers resume work on big-ticket projects after West Bengal agrees to provide incentives
Kolkata: Real estate developers are reviving big-ticket projects in Kolkata after securing a commitment from the West Bengal government that “some kind of incentive” would be offered to help them emerge from the downturn. The projects had been halted for at least 18 [...]

Developers drop prices by Rs 9 lakh in Hyderabad

With falling prices and depressed demand for residential properties, many developers are offering huge discounts for ready possession properties in and around HyderabadReal-estate prices are currently very attractive in Hyderabad.Developers in this city are finding it difficult to sell their ready possession properties due to fall in demand. To overcome the lower demand and falling [...]

G Estates Ltd. Launches ?Ivory Tower? at Raj Nagar Extn; NH-58 G Estates Ltd. Launches ?Ivory Tower? at Raj Nagar Extn; NH-58

After successfully launched residential project Impression 58 on NH 58, Delhi-NCR leading real estate developer, SG Estates Limited, today announced the launch of IVORY TOWER as second phase of Impression 58 on NH-58, Raj Nagar Extn; Ghaziabad, Uttar Pradesh.
This 120 unit is a part of an appox.4 acre prime property Impression 58 which comprising of [...]

UEM Land’s aspirations for Iskandar

UEM Land Bhd aims to be Khazanah Nasional Bhd what CapitaLand is to Temasek.
“We aspire to be a global property development outfit like CapitaLand. We hope to one day play a similar role in Khazanah – be what CapitaLand is to Temasek,” says managing director and CEO Wan Abdullah Wan Ibrahim.
Singapore-based CapitaLand Ltd is Southeast [...]

Naim bids for RM150m village relocation job

KUCHING: Naim Holdings Bhd is bidding for a RM150mil project to relocate villagers from several Bidayuh villages affected by the Bengoh dam now under construction in Padawan near here.
Corporate affairs head Ricky Kho said the resettlement project in Sematang, Padawan, was expected to be implemented in two phases, which would involve 1,300 villagers from four [...]

Opened, world’s tallest building at 825 meters

Fireworks light up, Burj Khalifa , the world’s tallest building during the official opening ceremony in Dubai, United Arab Emirates, Monday. (AP Photo/Kamran Jebreili)
DUBAI, United Arab Emirates: Dubai opened the world’s tallest skyscraper Monday in a blaze of fireworks, then added a final flourish: It renamed the tower for the head of neighboring Abu Dhabi, [...]

Burj Dubai opens amid hard times

Emirati men walk past Burj Dubai — AFP
DUBAI: Started at the height of the economic boom and built by some 12,000 labourers, the world’s tallest building opened yesterday in Dubai as the glitzy emirate seeks to rekindle optimism after its financial crisis.
Burj Dubai, whose opening has been delayed twice since construction began in 2004, marked [...]