December 16, 2008 – 4:46 am
DLF, India’s major real estate developer, announced that it plans to invest Rs 150 billion over the coming three fiscals to construct various residential projects across the country.
The company has raised Rs 16,750 million as private equity in eight projects in November 2007.
According to sources, DLF Home Developers, the wholly-owned arm of DLF, would develop [...]
By rajani
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Posted in Real Estate News
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Also tagged Gurgaon, Home Developers, Housing Projects, Housing Units, Income Category, Income Housing, india, Kolkata, Major Real Estate, Pune, Real Estate Developer, Residential Projects, Slump
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December 10, 2008 – 1:39 am
Realty major UNITECH LTD plans to invest about Rs 2,500 crore to develop 35 hotels across India over the next seven years. Unitech managing director Sanjay Chandra said the firm would develop 35 hotels in the next six to seven years and already had land in many cities at prime locations.
* The hotels would be [...]
By rajani
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Posted in Real Estate News
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Also tagged Assam, Chandigarh, Chandra, Chennai, Goa, Hotels India, Hyderabad, Invest, Kolkata, Mysore, Ncr, Prime Locations, Siliguri, Unitech Ltd
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November 1, 2008 – 8:01 am
ASSOCHAM study says city fares well in real estate prices, business environment but lags behind in other parameters necessary for a metro city. Chandigarh comes a close second in real estate prices, financial services and business environment, but lags behind in other five parameters necessary for a metro city, says the ASSOCHAM Eco Pulse Study. [...]
By rajani
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Posted in Real Estate News
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Also tagged Assocham, Business Environment, Chennai, Educational Institutes, Employment Opportunity, Hyderabad, Infrastructure Business, Infrastructure Facilities, Kolkata, Lucknow, Metro City, Metro Status, Pulse Study, Second City, Social Infrastructure, Tier Ii
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October 15, 2008 – 7:53 am
Choice Hotels is deciding to invest fifteen hundred crore rupees over coming two years to double the number of its hotels from the present twenty-five to fifty across India. The company has already started construction of twenty-one more hotels and has tied up with various construction companies. Choice hotels has done dealing with Amrapali group, [...]
By rajani
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Posted in Real Estate News
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Also tagged Amritsar, Asterix, Bathinda, Chandigarh, Chennai, Choice Hotels, Goa, Gurgaon, Hotel, Hyderabad, india, Ludhiana, Manesar, Noida, Pune, Sabri
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September 12, 2008 – 5:50 am
With the property market tumbling in big cities like Bangalore, realtors are now shifting their focus to tier III towns. A total of 47,000 properties were registered in Shimoga during 2007-08 as against 33,000 in 2006-07. In Davangere, the corresponding numbers were 54,000 and 37,000, similarly with Gulbarga, Hassan, Tumkur, Bagalkot, Mandya and other tier-III [...]
By rajani
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Posted in Real Estate News
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Also tagged Bagalkot, Boom, Hassan, Investment Option, Investment Property, Locality, Mandya, Option Market, Property Transactions, Realtors, Rs 1, Rs 250, Shimoga, Square Feet, Three Times, Tumkur
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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 years [...]
By admin
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Posted in Real Estate News
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Also tagged Affordable Housing, Budget Hotel, Budget Hotels, Foray, Global Players, Hospitality Projects, Hotel Projects, Housing Units, Managing Director, Shopping Malls, Shriram Properties, Strategic Partners, Vizag
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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
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Posted in Real Estate News
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Also tagged 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
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Hyderabad-based real estate firm SatyaVani Projects and Consultants is in talks with European REITs to raise $150 million in private equity, which will form the bulk of the $190 million it plans to spend on projects in Hyderabad, Bangalore and Vishakhapatnam.
Company’s director Mr. P Surya Prakash said that besides private equity, SatyaVani Projects is looking [...]
By rajani
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Posted in Real Estate News
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Also tagged Apartment, Eco Resort, Health Resort, Housing Project, Real Estate Investment, Real Estate Investment Trusts, REIT, Residential Projects, Service Apartments In Bangalore, Square Feet, Surya, Tourism Project, Vishakhapatnam
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Bhuwalka Steel Industries Ltd and Soul Space Realty Ltd have signed a joint development agreement to unlock the value of the steel company’s land in Bangalore after it decided to relocate its TMT Mill to Bellary. Soul Space Ltd is a member of a leading real estate developer, B.L. Kashyap Group. The agreement envisages that [...]
Dubai-based luxury real estate developer DAMAC Properties has appointed local agents in Gujarat to harness the investment opportunities in the region. The company has signed up around 60 agents across India, mostly in metros.
These include two Ahmedabad-based and one from Baroda. The initiative has been taken by the company to market and sell its international [...]
By admin
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Posted in Real Estate News
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Also tagged Ahmedabad, Baroda, Chennai, Damac Properties, Delhi, Dubai, Gujarat, Gurgaon, india, Investment Options, Investments, Mumbai, Real Estate, Real Estate Developer
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Just when it seems that the realty run is almost over, a Deutsche Bank arm has announced an investment of over $1 billion over the next three years in the Indian real estate sector.
RREEF Alternate Investments, the global alternate investment management business of Deutsche Bank, today announced that it would invest over $1 billion in [...]
By rajani
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Posted in Real Estate News
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Also tagged airport, Commercial, Deutsche Bank, global, golden gate properties, Hyderabad, india, investmen, power, railway, Real Estate, Realty, road, RREEF
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Hotel industry in India has shown strong growth in last financial year. Though hotel occupancies in Bangalore, Hyderabad and Pune dipped marginally owing to over capacity, average room rates for branded hotels across star categories continue to witness robust growth in most cities.
Red Fort Capital Advisors, a real estate equity firm, will invest three thousand five hundred crore in residential and hospitality projects all over the country, including seven hundred crore in Chennai.
The funds will be channelized through the foreign direct investment (FDI) route. The money will be invested in real estate projects such as commercial, residential, [...]
Indiareit Fund Advisors, the Ajay Piramal-promoted real estate investment fund, is planning to introduce its third domestic fund to raise Rs 1,000 crore.
Talking to DNA Money, Ramesh Jogani, the fund’s CEO and MD, confirmed the development but did not disclosed details.
Jogani said, “In the subsequent two years we will introduce our fourth domestic fund. We [...]
April 11, 2008 – 12:21 pm
Japanese auto major Toyota Motor Corp will invest USD 350 million (about Rs 1,400 crore) for setting up a second plant in India as part of its plans to introduce a ’strategic’ small car in the country by 2010.
Ending months of speculation over the second plant, Toyota, which runs the Indian operations through a joint [...]
MUMBAI: K Raheja Corp, a top real estate company, has entered into a fifty fifty joint venture with Colorado-based ProLogis, a leading owner, manager and developer of distribution facilities globally. The joint venture is for warehousing and logistic infrastructure development in India and is ProLogis’ first business in the country.
According to the agreement, the joint [...]
February 14, 2008 – 1:54 am
Wonderla, the amusement park promoted by the Kerala-based V-Guard, is looking to set up a theme park in Mumbai with an investment of Rs 150 crore.
This will be the second one for the company after its theme-park at Bidadi near Bangalore. The company has already acquired around 80 acres and plans to acquire further 40 [...]
By admin
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Posted in Real Estate Investment, Real Estate News
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Also tagged Amusement Park, Commercial Space, Feasibility, Integrated Project, Kerala, Mumbai, Theme Park, Vicinity, Wonderla, Wonderla Amusement Park
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January 28, 2008 – 5:46 am
India’s first super luxury mall is ready to open in Bangalore. CNBC-TV18’s Faye D’Souza and Ramya Ramamurthy get a sneak peek. UB City is the first of its kind super luxury mall in the country. It is preparing to put lots of brands forward to the brand lovers in Bangalore. [...]
By rajani
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Posted in Real Estate News
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Also tagged Attraction Point, Cnbc, Cnbc Tv18, Dunhill, Ferragamo, Gucci, International Brands, Jean Paul Gaultier, Louis Vuitton Store, Luxury market, mall, Moschino, Prestige Group, Ramya, Retail Development, Sneak Peek, Souza, Square Feet Space, Stella Maccartney, Ub, UB city
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January 28, 2008 – 5:43 am
Real Estate businessmen of Bangalore have always been in search for techniques to grab the attention of customers for their properties. Recent publicity stunt is ‘buy a house and get a car a free gift’. For example, if a customer buys a flat of worth 200 lacs, he gets a car [...]
By rajani
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Posted in Real Estate News
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Also tagged Advisory Company, Apartment, Budget, Businessmen, Cars, Development Sector, Excess Stock, Finance, Free Car, Free Gift, Hyundai, Hyundai Santro, Models, promotional offer, Publicity Stunt, Real Estate, Regional Manager, Sobha Developers, Value Addition
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