Party time for consumers as southern India cools.
ALI VAKIL- Director - Vakil Housing Development Corp.
Financial Express | 04/05/2008
After growing at a fast and furious pace over the past few years, the Real estate sector in southern India is cooling down. This has been caused mainly by a slowdown of the IT sector that impacts theregioninmoreways than one. Besides, rising home laon interest rates, climbing input rates and general consumer reaction to the escalating cost of properties have begun to takea toll on realty in this part of the country. In some areas like Whitefield in Bangalore and OMR in Chennai,
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More Feathers in North Bangalore’s Cap
Deccan Herald | 25th April 2008
The icing on the cake being the international airport, North Bangalore has much more to offer now. Widening of National Highway 7, improvement of roadwork on National Highway 207 and State Highway 104 ( connecting Whitefield and Hoskote to North Bangalore), is also paving the way for various residential, industrial and commercial developments, finds out Bindu Gopal Rao
If you thought the real estate scenario in Bangalore was witnessing any sort of downward trend, check out North Bangalore. In the news for the much hyped and debated International Airport, North Bangalore is poised to change the real estate outlook of the city with slew of big projects in the residential,
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Indian Real Estate Offers Great Investments
India Property Times | APRIL 2008
India is now an attractie destination for NRI’s looking to come back home.
Mohammed Ali Vakil, son of M A Vakil, is one of the Directors of Vakil Housing Development Corporation, one of the leading developers of residential Townships in Bangalore. He takes care of the departments of Marketing of Marketing, Customer Care, R&D and IT at VHDC. Here are some excerpts from an interview with him.
Buying property is more affordable in India compared to buying property in the US. Investment opportunities also attract an NRI to buy properties in India.
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The B School-Realty industry nexus.
DH Realty - Friday, April 11, 2008
There is an increasing number of B-School graduates opting to make fruitful career in the Real Estate industry that is slowly but surely becoming more organised. Bindu Gopal Rao describes the trend.
There is a slow but sure trend in the real estate market. Before you let your imagination run wild, its not to do with the ‘now-up’, ‘now-down’, prices, but the fact that there is an increasingly large number
of B-School graduates opting for jobs in the Industry.
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New Dynamics of corporate interactions
Article Published in Times of India - Bangalore.
Corporate blogging is now used as a tool to give organizations a personal and humane touch, rather than being a sales and marketing medium.
Arif and Ali Vakil don’t run the best known real estate business in India’s Silicon Valley. But the Vakil brothers believe that they enjoy an enviably positive reputaion among their peers in the business and it’s all through their blog. “Be it an excellent green building by Biodiversity Conservation India ( BCIL ) or innovative practices like Prestige giving its customers a welcome gift, we’ve always been open to praise steps taken by our competitors in our blog. ” says Arif Vakil.
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Vakil Housing Eyes Hosur for Villa Project
Article Published in Hindu Business Line. ( Coimbatore )
Vakil Housing eyes Hosur for Villa Project.
Bangalore - based Vakil Housing Development Corporation, developers of residential townships, is eyeing Hosur as its next ideal project promotion destination.
Commenting on the decision to foray into Hosur, its Director Mr. Mohammed Ali, said. “Its a risky but strategic decision. We did a comparative study on the benefits of living in Bangalore and other alternative, relatively calmer town in the vicinity such as Hosur.
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Vakil Townscape Tour on Google Earth
We’ve recently created a tour of Vakil Townscape on Google Earth. We’re quite excited to see the possibilities of Google Earth brought to the Real Estate community and we’re keen to explore them. Below is an example:
Vakil Townscape from Vakil Housing on Vimeo.
Press: Moneycontrol.com
Article Published in Moneycontrol.com Portal
Date: February 08 -
Real Estate industry is the second largest provider of employment after agriculture in India. Further, Real estate is universally acknowledged as the primary trigger of economic activity. Each rupee spent in housing generates more emplyment and economic activity than any other industry. We urge the FM to recognize this and accord the same consideration and treatment as other industries like software. Specifically
By M A Vakil
CMD, Vakil Housing Development Corporation, Bangalore.
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Press: Hindu Business line - February 08
Article Published in Hindu Business Line.
Date: February 08 -
Modify tax structure for real estate industry.
Real Estate industry is the second largest provider of employment after agriculture. We urge the Finance Minister to recognise this and accord the same consideration and treatment as other industries like software. Service tax should be reduced along with the modification of entire income tax structure for real estate industry.
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Press: Eenadu - February 08
Article Published in EENADU - Karnataka Edition
Date: Feberuary 08.
Vakil Housing reaches 2000 kgs of rice to less fortunate through ” Bangalore Food Bank ”
This article publised in Telugu Daily called ” Eenadu ” in Telugu Language.
