Real estate India will gain a boost from the Finance Ministry of India. With the plan to provide bank loans to the real estate players with halted project the Finance Ministry aims to lift them up. Finally real estate has some good news from the Finance Ministry. Reliable sources reveal that the ministry had talks […]
Search Results for: real estate sector
Cognizant Raises Investment in Real Estate Sector By $200 M
May 10, 2012 – 1:18 pm
Cognizant Technology Solutions has increased its real estate infrastructure expansion in India by nearly $200 million. The US-based company, which has large offshore presence in India, has revised its investment plan to a total of $700 million in real estate from 2011 through 2015. This is to expand its campuses in India by an additional […]
Chennai leads Indian Real Estate Sector.
March 30, 2012 – 3:57 pm
In a recent report, property broking and real estate consulting firm Jones Lang LaSalle said the Indian property market is poised to attract about US$3 billion, almost double last year’s US$1.6 billion, from overseas buyers this year. The Indian property market will see more investment from overseas this year as it still remains an attractive […]
Indian Real Estate Sector may gain due to Gudi Padwa.
March 28, 2012 – 4:51 pm
The festival is widely celebrated in the state of Maharashtra and as for common people in India, a home is a priced possession and they do not sell and buy residential properties often. They wait for an auspicious date to such transactions.Gudi Padwa, a festival which earmarks new beginnings and new hopes to everybody’s life. Hence […]
Hike in Stamp Duty report in Maharashtra for the Real Estate Sector.
March 27, 2012 – 1:19 pm
Shares of real estate companies with significant exposure in Mumbai slumped in a weak market today after media reports surfaced that the Maharashtra government proposes to hike stamp duty for properties. Shares of realty players like India Bulls, Oberoi and HDIL today slumped as much as 6 per cent after reports that the state government […]
Realty Plus Excellence Awards to Real Estate Sector.
March 21, 2012 – 5:13 pm
Realty plus Excellence Awards 2012 series for the northern region of India will be on March 21. The awards for South India and West India were given away on March 2 and March 9, respectively. Anuj Puri, Chairman and Country Head, Jones Lang LaSalle India, is the Jury Chairman for this year’s awards. The Realty […]
Real Estate Sector is disappointed.
March 19, 2012 – 6:13 pm
Real estate players were disappointed with the Budget saying it failed to highlight the role of the housing sector in the economy. The Union Budget 2012-13 on Friday proposed allowing external commercial borrowing for low cost affordable housing projects. Presenting the Budget in the Lok Sabha, the Finance Minister, Mr Pranabh Mukherjee, also proposed setting […]
Abu Dhabi Investment Authority (ADIA) targeting Indian Real Estate Sector.
March 15, 2012 – 5:01 pm
The Indian Real Estate Sector may expect direct investments from the Abu Dhabi Investment Authority (ADIA) very soon. Although, ADIA has already invested money in India’s international property market through a variety of real estate and private equity funds with a total holdings in India to be worth between $400 million and $500 million. Sovereign […]
Real Estate sector is in dire straits
November 1, 2008 – 3:27 am
The tight liquidity condition and the rise in interest rates have affected realty sector hard. Because of the RBI’s policy of discouraging banks in lending to real estate developers, the fund flow to the sector has dwindled. This might even force a number of units to close down. The construction sector, which is the second […]
TCI To Foray Into Real Estate Sector
August 18, 2008 – 2:33 am
Transport Corporation of India, so far engaged in movement of cargo over land and sea, is planning to venture into the real estate sector with pan-India presence. “We plan to get into the real estate sector as we have land bank all over the country,” TCI Executive Director Vineet Agarwal said. The company has 200 […]
Effect of Economy On Real Estate Sector
April 28, 2008 – 7:35 am
India is taken as the one of the fastest rising economy in the world and in this present economic status, real estate has appeared as one of the most beneficial investment sectors for domestic as well as overseas investors. The economy and the real estate sector in particular are high on its ride to prosperity.
Asipac to Create Investment Banking and Procurement Services SBUs for Real Estate Sector
March 4, 2008 – 8:12 am
India’s No.1 real estate development services and project marketing company Asipac today announced that it is creating new Strategic Business Units to offer Investment Banking & Asset Management Services as well as Procurement Services for the real estate sector. Mr. Amit Bagaria, Chairman, Asipac said, “In 18 months, we have helped developers raise Rs.6290 million […]
Good Budget For Real Estate Sector
March 1, 2008 – 1:32 am
The Indian real estate sector has largely welcomed the overall effect of the budget, although saying that it could have done more for the industry. Pradeep Jain, chairman of Parsvnath Developers Ltd. told that the budget will enhance the socio-economic infrastructure of the country by giving needed emphasis to education, health and hospitality sector. The […]
Real-Estate Sector does not see boost in Government’s Package
December 8, 2008 – 2:07 am
The real-estate sector does not see any boost in government’s package. The 4% Cenvat reduction on all non-petroleum products will bring down steel prices by Rs 1,000 to Rs 1,500 which in turn may lower prices in the real-estate sector where steel is a basic input. But real-estate industry today passionately said that the stimulus […]
Leading Real Estate Player Interested In Hospitality sector
July 25, 2008 – 5:06 am
Suffering from low margins, Indian developers are entering fresh businesses like retail and hotel to expand revenue stream and offset slowing demand for real estate projects due to six year high lending rates and severe financing norm. Below are a few recent investments in the hospitality sector Yatra Capital, a Jersey-based private equity firm, will […]
Realty Investment Rises In UP, Reports ASSOCHAM
May 20, 2013 – 6:28 pm
Uttar Pradesh has seen an increase in the realty investment, reported Associated Chambers of Commerce and Industry of India. Analyzing the growth rate of realty investment in Uttar Pradesh, Associated Chambers of Commerce and Industry of India has reported that the state has received a growth in the investment level.
Hines Looks For partners to Invest In Housing sector
May 17, 2013 – 6:40 pm
American real estate developer Hines is planning to develop housing projects in India, in partnership with some Indian developers. American real estate developer Hines plans to enter the residential segment of India. The group plans to develop one or two housing projects. Earlier, partnering with DLF Ltd and Shyam Telecom, it had developed some commercial projects […]
Meydan Group, Lodha to Invest $5.7b in Realty
May 4, 2013 – 6:46 pm
Joining with Mumbai based Lodha Group; Meydan Group will invest $5.7 billion in the real estate sector for developing District One, an integrated township project. A residential project will be jointly developed by Lodha and Meydan. Both the partners propose to develop a residential project at an estimated cost of $5.7 billion.
Realty Investors Look Hopefully At the Proposed Bridges
May 1, 2013 – 5:38 pm
Realty investors are hopefully looking at the proposed bridges as they will boost the real estate market in Noida. Recently Noida Authority has proposed the construction of two new bridges across the Yamuna. Though the Authority plans to construct these bridges to avoid the traffic jams in the city, this proposal has been hopefully looked […]
Revised SEZ Policies likely to boost real estate
April 24, 2013 – 6:23 pm
The government has recently revised some SEZ Policies. Under the new SEZ Policies SEZ development requires lower scale of land parcels. The small scale real estate developers may now be able to develop some SEZ projects. Moreover cities like Bangalore, Chennai, Hyderabad and others will have more SEZ projects. All these have become possible with […]
Valmark Group to Invest Rs.125 Cr in Realty
April 19, 2013 – 6:11 pm
With the purpose of investing in the realty sector, especially in the residential sector of Bangalore, Valmark Group will raise Rs.125 Cr. BANGALORE: Bangalore based Valmark Group is thinking over raising Rs.125 Cr fund for investing in the real estate sector. As per the available sources the fund will be mainly invested in for the […]
Essel to invest Rs.1000 Cr in residential realty
April 17, 2013 – 6:38 pm
Essel Financial Services Ltd.’s private equity wing will invest Rs.1000 Cr in residential realty. The new PERE fund of the Essel Group will be invested for developing residential projects across the top cities. Bangalore: Essel Financial Services Ltd.’s private equity wing will launch a new fund. The new fund of Rs.1000 Cr is expected to […]
Rising Home Rentals Woo Investors to Residential Sector
April 16, 2013 – 7:28 pm
Home rentals are increasing in all the top cities of India. Higher flow of population, lower supply of housing units, etc. are key factors which determine the home rentals. MUMBAI: Population from rural areas is flowing to the big cities. This higher flow of population causes higher demand for housing units in these cities. Along […]
JLL Will Raise Commercial Realty Fund of Rs.1200 Cr
April 10, 2013 – 6:19 pm
Jones Lang LaSalle is now planning to raise a new commercial realty fund. JLL plans to raise Rs.1200 Cr for investing in the commercial sector. BANGALORE: Last year Jones Lang LaSalle has invested in the residential market of Bangalore. This year JLL is planning to have a shift from the residential sector to the commercial […]
