Tag: Central Business District

HDFC Property To Buy Into Nitesh Mall

HDFC Property Ventures is investing $20-25 million into South India’s largest central business district (CBD) mall developed by Nitesh Estates in Bangalore. The move probably marks the $900-million HDFC Property Ventures’ foray into retail infrastructure in a rather tight-market environment. HDFC Property Ventures will pick up around 20-25% stake in the 6-lakh sq ft Nitesh […]

Stagnant prices hit Kolkata Real Estate

After last year’s buoyant market, signs of sluggishness have set in the Kolkata real estate market, particularly in the residential segment. While property prices in prime locations continue to witness an upward trend, they have stagnated to last year’s level in upcoming suburbs in absence of investments. For instance, in the Rajarhat, the residential and […]