2008 - August - India Investment Property

Monthly Archives: August 2008

Bigger Players Are Looking For Trained Agents

August 25, 2008 – 7:50 am

With the city’s real estate market being dominated by smaller and unheard of players whose actions could fright away prospective buyers, the bigger players are joining hands to give a professional touch to the realty business. “We need to bring in additional people who are properly trained agents. This can be achieved by having a [...]

By manish | Posted in Real Estate News | Tagged Credai, Global Slowdown, International Experts, Joining Hands, New York University, Puravankara Projects, Puravankara Projects Limited, Real Estate Agents, Real Estate Developers, Real Estate Developers Association, Real Estate Sector, Realty Business, Realty Market, Research Expert, Research Specialist | Comments (1)

Government Will Acquire Land With The Consent Of The Owners

August 23, 2008 – 5:37 am

Tata Group chairman Ratan Tata’s threat to pull the Rs 1,500-crore Nano small-car project out of West Bengal in the face of violence and protests over farmland acquisition has deepened the gloom over the Left Front government’s industrialisation drive, with most of its larger and more ambitious infrastructure projects already on hold over land issues.
Just [...]

By manish | Posted in Real Estate News | Tagged Chairman Ratan Tata, Estate Projects, Haldia, Industrial Projects, Infrastructure Projects, Kalyani, North Bengal, Public Private Partnership, Ratan Tata, Riverine Island, salim group, Special Purpose Vehicle, tata group, West Bengal | Comments (0)

Merrill Lynch Consolidates Stake In Ansal Properties

August 23, 2008 – 2:14 am

Foreign fund house Merrill Lynch Capital Markets has consolidated its stake in real estate major Ansal Properties and infrastructure to nearly 6%.
Merrill Lynch Capital Markets Espana SA SV has acquired as much as 11.63 lakh equity shares representing 1.03% stake in Ansal Properties through secondary market purchase route. Prior to this transaction the foreign fund [...]

By Rajani | Posted in Real Estate News | Tagged Acquisition, Ansal Properties, BSE, Capital Markets, Commercial Zone, Crore Rupees, Espana, Infrastructure, Merrill Lynch, Merrill Lynch Capital, Real Estate, Residential Zone, Share Price, Stake., Sv | Comments (0)

Terrorism’s Impact On Real Estate

August 22, 2008 – 6:17 am

Human life is unquestionably any terrorist attack’s most tragic casualty. However, the economic impact and impact on real estate is unavoidably in the minds of many in the industry.
After the bomb blasts on July 25 and 26th in Bangalore and Ahmedabad, a number of questions have been raised on how terrorist attacks could have an [...]

By Rajani | Posted in Real Estate News | Tagged Bangalore, Bomb Blasts, Business Premises, Cbd, Cbds, Central Business Districts, Cities Around The World, Global Real Estate, Gulf War, Landmark Buildings, Leases, Mediums, Nearby Areas, Real Estate Trends, Suburban Markets, Term Perspective, Vacancy Rates, World Trade Centre, Wtc Attacks | Comments (1)

Global Crash Keeps Indian Firms Off AIM

August 22, 2008 – 6:15 am

In the wake of a global slowdown in the initial public offerings (IPO) market, Indian companies are losing appetite for listing on the Alternative Investment Market (AIM). Once touted to be a favoured destination for small- and mid-size companies, London’s AIM has managed to get only four companies to list on it so far this [...]

By manish | Posted in Real Estate News | Tagged Alternative Investment Market, Film Company, Global Crash, Global Markets, Global Slowdown, Hedge Funds, Indian Film, Initial Public Offerings, Investment Holdings, Ipo Market, London Market, Market Aim, Minimum Market Capitalization, Retail Investors, Sesdaq, Share Index, Tax Havens | Comments (0)

Berggruen In A Thousand Crore Rupees Expansion

August 21, 2008 – 5:10 am

Berggruen Holdings, a New York-based private investment company, which is setting up a series of three- and four-star hotels under its arm Berggruen Hotels, will invest over Rs 1,000 crore in India till 2012.
This quantum will be funded through a debt-equity ratio of 2:1. The company has tied up with IDFC for a loan of [...]

By Rajani | Posted in Real Estate News | Tagged Acquisition Spree, Berggruen Holdings, Chief Marketing Officer, Crore Rupees, Debt Equity Ratio, Four Star Hotels, Greenfield Projects, Hotel industry, Hoteliers, Industry Analysts, Jaipur, Land Acquisition, North Africa Region, Overseas Ventures, Private Investment Company, Realty Market, South Asia, South East Asia, Thiruvananthapuram | Comments (0)

First Engineering SEZ In Haryana By Raheja Developers

August 21, 2008 – 5:08 am

Real estate developers Ansal API and Raheja Developers are attempting to tide over the gloom in the real estate sector by pursuing their special economic zone (SEZ) plans. While Ansal has announced plans for six infotech SEZs across three states, Raheja is setting up north India’s first engineering SEZ in Haryana.
While Ansal will pump in [...]

By manish | Posted in Real Estate News | Tagged Business Houses, First Engineering, Haryana, Khopoli, Liquidity Conditions, North India, Private Equity Investors, Raheja Developers, Real Estate Developers, Real Estate Sector, Realty Companies, SEZ, Sezs, special economic zone | Comments (0)

Mantri Developers Bid For Land In Chennai

August 20, 2008 – 9:37 am

The Bangalore based Mantri Developers has successfully bid for a 4.9 acre plot of land at Siruseri IT Park on the IT Highway for developing an amenities centre. The price Rs 10.5 crore per acre for a 75-year lease is considered a new benchmark in Chennai’s real estate market.
The plot of land, located at the [...]

By manish | Posted in Real Estate News | Tagged Business Hotels, Business Proposition, Hotels In Bangalore, Mahabalipuram Road, Mantri Developers, Private Properties, Rajiv Gandhi, Residential Project, Road Users, Tamil Nadu, Time Payment, Viable Business | Comments (1)

Real Estate: Safe And Secured Destination Of Investment

August 20, 2008 – 9:36 am

The real estate in Indian market is constantly changing and developing at a rapid pace. The most preferred destinations of last year may not be the better options this year, while next year might bring certain unparalleled set of investment destinations in the real estate market of India. As such nothing can be predicted in [...]

By Rajani | Posted in Real Estate News | Tagged Buyers And Sellers, Central Business, Class Group, Extensive Research, Growth Drivers, Home Countries, Immovable property, Investment Destinations, Matter Of Fact, Metros, Middle Class, Preferred Destinations, Rapid Pace, Real Estate In India, Real Estates, Research Processes, Residen, Skilled Work Force, Sky Heights, Tier Ii, Tier III | Comments (2)

Lots Of Projects In Chembur

August 19, 2008 – 5:00 am

The huge project is being developed and executed in Chembur, Mumbai by GA Builders, an “RNA Corp Group” company that would provide “New Homes” to more than 1950 tenants, according to a media release. The Subhash Nagar Colony, built by MHADA, is about 55 years old and comprises 57 buildings that house 36 members each. [...]

By Rajani | Posted in Real Estate News | Tagged Group Company, Housing Project, Huge Project, Internal Roads, Maintenance Cost, Manoj, Mhada, Necessary Amenities, Playgrounds, Real Estate Sector, Recreation Grounds, Rental Accommodation, Rna Corp, Sheer Scale, Tenements, Transits, Underground Water Lines, Uninterrupted Water, Water Supply, Zero Maintenance | Comments (1)