1. Nokia
2. samsung
3. airtel
4. micromax
5. dell
6. maruti
7. vodafone
8. apple
9. sony ericsson
10. hp
http://www.eretailmarket.com

Last week, the government increased the floor area ratio (FAR) from 2.5 to three, which will allow developers to add more floors and allow Noida to grow vertically. For green buildings, FAR has been further relaxed to 3.75.

According to developers, since now they will be able to build more flats on the same area, the cost of housing will come down automatically.

“The increase in FAR in Noida will give a boost to affordable housing as this will help in the reduction of the cost of land. On the other hand, this will increase the pressure on infrastructure and will result in high density area. The prices of properties will come down,” Manoj Goyal, vice-president, Raheja Developers Ltd, said.

“It will be good for the developers also as it will allow us to grow vertically. Now we will be able to add more flats. Moreover, it will encourage new developers in the city,” Pradeep Jain, chairman, Parsvnath Developers, said.

“The fact that FAR in case of green buildings has been increased to 3.75 will boost green buildings and put them in the affordable range. This is good news for both the developers and the home buyers,” It’s good news for both developers and buyers Vidur Bhardwaj, The 3C Company, told Mail Today. With home prices in Delhi going out of reach of the common man, developers were looking at Noida for a slew of affordable housing projects.

Also, metro connectivity has further attracted developers to the area. Developers, including Jaypee Greens, Amrapali and Assotech, among others, have announced more than two dozen projects in Noida over the last six months.

“Increased FAR in Noida is a welcome move as it will increase the supply of housing stock in NCR, thereby providing more affordable housing to people,” Rohit Raj Modi, Ashiana Homes, said.

“Noida is becoming an oversupply market. There is already new development coming up every week. And prices have almost stabilised. So, with this development and fresh lease of developments, home prices are bound to come down in Noida,” said a senior official at Unitech Developers.

While the developer community and the end-users are happy with the new development, the news would be a dampener for investors and speculators who were expecting the prices to go up. It may keep off the speculators and investors for some time, at least.

“Even the news is good for the end- users as the prices will come down. Investors and speculators, who were just hoarding flats, may have to face some losses. And the home buyers must wait and watch for the prices to come down and stabilize,” the official said.

http://businesstoday.intoday.in/index.php?option=com_content&task=view&issueid=91&id=16144&Itemid=1&sectionid=4

The Tata Group has become the country’s wealthiest, with a market value of about Rs 3,71,000 crore.

The Tata Group is followed by Mukesh Ambani- Reliance Industries (RIL) group as the second-most valued firm (Rs 3,21,750 crore), Anil Agarwal-promoted Sterlite group at third (Rs 1,35,300 crore), Anil Ambani group (ADAG) at fourth (Rs 1,25,000 crore) and Sunil Mittal-led Bharti group at fifth (Rs 1,20,500 crore), in terms of cumulative market capitalisation.

“It indicates response to initiatives taken by the government in various policy measures including injecting stimulus, which we did in three doses over the last 11 months”. “I hope this (economic growth) will be around 7% this year,” Mukherjee added.

Realty mkt also expecting boom

Correction in commercial realty rates in metros by 20% to 40%, top builders expect sales to improve by 50% in Q3 and Q4 of 2009-10.

Pawan Swamy says “Office space rentals in the metros have corrected by up to 40%, which would mean that they are now back to the 2005-06 levels, which is when the economic up-cycle began.”

Travel is the main transaction online with Airline tickets accounted for roughly 22per cent, while travel information, accommodation, online agent services and other modes of transport constituted another 22per cent.

“I don’t think we’re seeing a recovery, as that would infer positive like-for-likes [sales] and I think we’ll remain negative for the rest of the year. But the numbers aren’t getting any worse so there’s definite signs of some stability,”