The BJP has said that the draft Land Acquisition and Resettlement and Rehabilitation Bill 2011, which is now in public domain, is good but cannot be accepted in its existing format. Sangh Priya Gautam, the former Union minister said, farmer should be given the right to sell 100% of their land. In Greater Noida, the [...]
The monsoon is usually considered as a lean season in terms of sales for the developers. It’s not just the weather that affects the purchase of property, but also because it is considered inauspicious to buy anything for about two weeks during this period (because of shraadh or pitrapaksh). Buyers prefer to wait till the [...]
The first quarter of this fiscal would be a difficult one for the real estate sector. Many of the big players in metropolitan cities have had to borrow funds to pay their installments on loans due to banks by the end of March 2011. In smaller cities and towns, the situation is not any better. [...]
Country’s largest lender State Bank of India has declared a hike in loan interest rates by 75 basis points (bps), making housing, auto and other loans dearer for both new and existing debtors. State-owned SBI has increased the base rate, or the minimum lending rate, by 0.75 % to 9.25%. The new rate is effective from [...]
April 30, 2011 – 12:15 pm
Keerthi Estates, a Hyderabad-based real estate developer with huge experience and long term operations in Hyderabad and Bangalore, has launched its premium luxury residential complex – Richmond Villas – in Hyderabad. The gated-villas project, consists 157 villas of 4BHK, is coming up over 24 acres of blossoming green land near Andhra Pradesh Police Academy circle, [...]
April 27, 2011 – 11:31 am
State Bank of India (SBI) will put to an end to its puzzled home loan schemes by the end of April 2011. The interest rates offered on its home loans will now be recalled by floating interest rate schemes, which are comparable with those offered by other commercial banks and housing finance companies. All loans [...]
Profit is the keyword, when it comes to Investment and Investment in real estate rotates around purchase, ownership, management, rental and sale of property. It involves a lot of planning, especially because of the rapid changes in the economic scenario. Here’s a checklist of the things you need to keep in mind: The Location: While [...]
November 9, 2009 – 5:24 pm
Jaypee Greens (part of the builders Jaiprakash Associates) has announced the launch of its new project of “Jaypee Greens Sports City”, a township with residential and sports facilities, near the Yamuna Expressway (connecting to Agra). “The Sports City is positioned for everyone who appreciates luxurious surroundings and spaces equipped with sports and recreational facilities,” said [...]
Posted in Real Estate News
|
Tagged Announcement, Apartments, Greater Noida, Jaiprakash Associates, Jaypee Greens, Jaypee Greens Sports City, Luxury Residences, Noida, Project Launch, Residential Project, Sports City, Sports City Greater Noida, Taj Expressway, Yamuna Expressway
|
September 9, 2008 – 3:18 am
Sarovar Hotels & Resorts plans to add nearly one lakh rooms by 2012. It plans to add 33 hotels to the existing 35 in the next four years. “We are a multi-brand hotel management company and given the growth potential in the mid-market hotel segment, our group will continue to focus on it,” said Ajay [...]
Posted in Real Estate News
|
Tagged Amritsar, Apartment Hotels, Bhubaneshwar, Budget Hotel, Economy Segment, Hotel Brands, Hotel Management Company, Market Hotel, Mohali, Park Inn And Suites, Port Blair, Raipur, Sarovar Hotels, Siliguri
|
September 8, 2008 – 1:13 am
Axa Real Estate Investment Managers (Axa REIM) has set up its Asian headquarters in Singapore. About 18 months after making its strategic move into Asia, Axa REIM has already invested nearly 25% of the $2 billion committed by its clients in the region. The new operations in Singapore are expected to help further build Axa [...]
Posted in Real Estate News
|
Tagged Asian Investment, Asian Markets, Asset Management., Axa, Axa Group, Axa Investment Managers, Axa Real Estate Investment Managers, Axa Reim, Executive Committee, Investment Funds, Investment Industry, Management Activities, Real Estate Investment, Real Estate Investors, REIM
|
September 6, 2008 – 6:25 am
Wealthy Indians are increasingly looking at land as a preferred investment avenue as volatile markets limit their options of asset classes. About 48% of the high net worth individuals (HNIs), both in India and abroad, with investable assets ranging from 500,000 pounds to 30 million pounds (Rs 4 crore – Rs 240 crore), is looking [...]
Posted in Real Estate News
|
Tagged Asset Classes, Barclays, Economist Intelligence Unit, High Net Worth Individuals, Investable Assets, Investing In Land, Northern India, Preferred Investment, Tier Ii, Uae, Unitis, Urban Areas, Volatile Markets, Wealth Advisors
|
September 5, 2008 – 3:41 am
Retail chain Big Bazaar plans to open 15 more stores by November end, some of them in new markets, at an investment of Rs 1,500-1,600 crore. With this, Big Bazaar, a subsidiary of the Kishore Biyani-spearheaded Pantaloon Group, will have 112 stores pan-India by November, a top company official said. Big Bazaar is targeting a [...]
Posted in Real Estate News
|
Tagged Agra, Big Bazaar, Ceo., Chandigarh, Cuttack, india, Investment, Kishore Biyani, Kolkata, Mumbai Delhi, Mysore, Pune, Rajan Malhotra, Retail Chain, Solapur, Subsidiary, Surat
|
September 3, 2008 – 9:30 am
With increasing cement supplies to north India, companies dependent on this market are changing their product mix from portland pozzolana cement (PPC) to ordinary portland cement (OPC) to sustain growth. OPC is used for roads and infrastructure while PPC is used in real estate projects. Shree Cement managing director HM Bangur, who runs the largest [...]
Posted in Real Estate Information, Real Estate News
|
Tagged Binani Cement, Cement Companies, Central India, Commonwealth Games, Construction Works, Delhi, Delhi Market, Estate Projects, India Companies, Indian Markets, Integrated Factory, North India, Northern India, Northern Markets, Ordinary Portland Cement, Pozzolana, Real Estate Boom
|
September 2, 2008 – 6:35 am
MUMBAI: India’s hottest property market, Mumbai, could see some shakeup in the commercial realty space. In a significant development, the Mahrashtra government has decided to allow all upcoming IT parks and IT specific buildings in the city to utilise 80% of the total constructed area for financial services, besides IT and IT enabled services. At [...]
Posted in Real Estate News
|
Tagged Banking And Financial Services, Commercial Realty, Commercial Space, Corporate Finance, Financial Hub, Financial Services Sector, Fsi, Fund Management, IT and ITes, Management Consultancy, Mumbai, Mumbai India, Property Consultant, Risk Management, Sectors, State Government, Transactions Services, Treasury Operations, Treasury Risk
|
September 1, 2008 – 5:51 am
Investors in rising markets such as China and India have a much greater desire for risky investments than their counterparts in developed markets, new research has shown. Wealthy investors in developing nations are more likely to increase the level of risk to their portfolio, with 43% of those in the United Arab Emirates, which contains [...]
Posted in Real Estate News
|
Tagged Attractive Investment, Barclays, Chief Investment Officer, China, Credit Crunch, Developing Nations, Dubai, Economist Intelligence Unit, india, Investors, Market Volatility, Property Investments, Risky Investments, United Arab Emirates
|
August 30, 2008 – 6:18 am
Sobha Developers Ltd has announced that the Company enters in Real Estate Project “Sobha Scarlet” in Mysore on August 29, 2008. This will be developed in 14.2 acres of Land. This project will have 83 villas, out of which 49 villas will be in phase 1 of the project with 3 & 4 Bed Room [...]
Posted in Real Estate News
|
Tagged Amenties, Carrom, Club House, Multi Purpose Hall, Mysore, Real Estate Project, Scarlet, Sobha Developers Ltd, Spa, Squash Court, Swimming Pool, Tennis Court
|
August 30, 2008 – 6:14 am
Kuwait Finance House, the Gulf state’s biggest bank by market value, said it will invest $275 million in a real estate project in China as part of plans to boost its exposure to Asia. KFH has signed a deal with China’s Nan Hai Corp to invest in the $3 billion Peninsula real estate development through [...]
Posted in Real Estate News
|
Tagged Asia, China, Invest, Investments, Islamic Bank, Kfh, Kuwait Finance House, Nan Hai Corp, Peninsula, Project Finance, Real Estate Development, Real Estate Project
|
August 29, 2008 – 2:17 am
Shriram Properties, the real estate arm of Rs 25,000 crore Shriram Group, would launch two separate subsidiaries to promote projects in retail and hospitality segments, a top official of the company said. M Murali, managing director of Shriram Properties, said the company would develop 15 shopping malls and 70-80 budget hotels in the next 3-4 [...]
Posted in Real Estate News
|
Tagged Affordable Housing, Bangalore, Budget Hotel, Budget Hotels, Foray, Global Players, Hospitality Projects, Hotel Projects, Housing Units, Managing Director, Shopping Malls, Shriram Properties, Strategic Partners, Vizag
|
August 28, 2008 – 5:45 am
DLF Ltd, India’s biggest listed property developer, has sought shareholders consent to raise up to one hundred billion rupees by selling shares to institutional investors. The New Delhi-based company said in its yearly report for a shareholders meeting on Sept. 30 it estimated to complete the share sale within 1 year of getting shareholder consent. [...]
Posted in Real Estate News
|
Tagged Bse Index, Dlf, india, Initial Public Offer, Initial Share, Institutional Investors, Market Slide, New Delhi, Property Developer, Property Singapore, Property Trust, Shareholder, Shareholders Meeting, stock market
|
August 27, 2008 – 2:58 am
Emerging markets property developer Plaza Centers NV said it has signed a joint venture contract with Israel-based Elbit Imaging for developing three projects in India. The three projects are in the three Indian cities Bangalore, Chennai and Kochi and would have a combined development budget of about 3.4 billion dollars, Plaza said in a regulatory [...]
Posted in Real Estate News
|
Tagged Combined Development, Four Star Hotels, India Real Estate, Indian Cities, Indian Partners, Joint Venture, Jv, Kochi, London Stock Exchange, Plaza Centers NV, Property Developer, Residential Accommodation, Retail Complexes
|
August 26, 2008 – 4:55 am
Realty firm Raheja Developers said it would invest about four thousan five hundred crore rupees to develop an engineering SEZ in Gurgaon over the next three to five years. This project, which is expected to create job opportunities for around fifty thousand people (including both direct and indirect) is said to have a potential to [...]
Posted in Real Estate News
|
Tagged Agricultural Land, Debt Equity, Food Grains, Gurgaon, Job Opportunities, Land Acquisition, Landowners, Northern India, Raheja Developers, Realty Firm, special economic zone
|
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 [...]
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
|
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. [...]
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
|
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 [...]
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
|
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 [...]
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
|