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 [...]
By lata
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Posted in Real Estate News
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Also tagged Bhopal, Dubai, Home Buyers, Hong Kong, Indian property market, Indian Property Sector, Indian Property Show, Jones Lang Lasalle, Mumbai, National Housing Bank, NHB, Real Estate, Reserve Bank Of India, Singapore, South Africa, Sumansa Exhibitions, Suntec Exhibition Centre's hall, two-day exhibition, UK
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Garden city, the first ever residential project in Lucknow by DLF has bagged the “Integrated Township of the Year – North India” award at the Realty plus Excellence Awards 2012, instituted by real estate monthly magazine Realty Plus. Cheered by a galaxy of realty stars, luminaries and other stakeholders present from all over the country at [...]
By lata
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Posted in Real Estate News
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Also tagged Ananta Singh Raghuvanshi, Bangla Sahib road, Bengaluru, city of Nawabs, director sales and marketing, Dlf, DLF India Ltd, Garden City, Hyderabad, Integrated Township of the Year Award, international living standards, Lucknow, metropilitan hotel, New Chandigarh, Real Estate Industry, Realty Plus, Realty plus Excellence Awards 2012, Residential Project
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December 15, 2010 – 6:06 pm
Land is one of the major factors affecting affordable housing — be it land availability, land-accessibility or cost of land, the question always comes into the picture when plans for a housing-project are drawn up. Land factor plays such a vital role when affordable housing projects are concerned, it only underlines the importance of planning [...]
A business group in the US named Vision India Real Estate is bankrolling a sum total of $5 million in an upcoming residential project in Chennai. The project belongs to Gem Group. This is the first time that the US Company is going for a joint development project. It is proposing an investment of $100 [...]
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Also tagged asset management group, business group, colaboration, Crore, elad, gem group, Hospitality Sector, Housing Projects, India Real Estate, initial focus, Mahabalipuram Road, progress reports, residential facilities, Residential Project, Residential Projects, Rs 2, Special Purpose Vehicle, sq ft, sum total, Target, Vision India
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Indian real estate in the last few months has authenticated a reawakening enforced by a noticeable increase in the level of construction activity of low-budget housing coupled with low home loan rates. As researched by Boston Analytics, the Indian realty sector has undergone an increased supply and pace of development activity which brought an improvement [...]
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Posted in Real Estate News
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Also tagged Ahmedabad, Bangalore, Bhubaneswar, Chandigarh, Construction Activity, Construction Sector, Delhi, economic survey, Estate Projects, Home Loan Rates, Home Loans, Hyderabad, Indian Cities, indian consumers, Jaipur, Kochi, Kolkata, Low Budget, Lucknow, Mumbai, Nagpur, noticeable increase, Patna, pessimism, physical assets, purchase decisions, Real Estate Sector, Tier I, Tier Ii, Tier III, Vishakhapatnam
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October 6, 2009 – 4:41 pm
Safexpress will invest nearly Rs 600 crore in the next two years to launch 32 logistics parks to double its warehousing space to around ten million square feet. According to Mr Vineet Kanaujia, GM, Marketing, Safexpress, The expansion will help the company reach revenue of around Rs 1,000 crore in the next two years from [...]
September 23, 2009 – 1:42 pm
Lancor Holdings’ MD, Mr R.V. Shekar, has informed the stock exchanges that he is acquiring up to 5% of the equity shares in the company at current market price. According to the information, Mr Shekar has acquired 1.23 lakh shares representing 0.61% stake for a total value of Rs 1.08 crore last week. This translates [...]
January 12, 2009 – 11:43 am
With its promoter in jail, stock price nearing 52-week lows, downgrades by rating agencies and the state chief minister saying he would look into the realty major’s ability to complete plum projects, Maytas is clearly tottering and looks like it is on the brink. A cross section of its employees, however, maintains that all is [...]
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Also tagged Brink, Cash Infusion, Chief Minister, Cross Section, Current Situation, Downgrades, Investmart, Investment Banker, Mmtc, Plum Projects, Pointers, Promoter, Promoters, Satyam, Sellout, Stock Price, Substantial Portion
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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 [...]
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Posted in Real Estate News
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Also tagged Assam, Bangalore, Chandigarh, Chandra, Goa, Hotels India, Hyderabad, Invest, Kolkata, Mysore, Ncr, Prime Locations, Siliguri, Unitech Ltd
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November 17, 2008 – 5:37 am
Mahindra and Mahindra on Monday said there is no slowdown in its real estate projects, even as there is a slump in demand. “We are not slowing down on any of our projects. Jaipur is rocking, Chennai is doing well, city-based projects such as Faridabad are also doing well,” Mahindra and Mahindra Ltd Executive Mr [...]
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. [...]
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Posted in Real Estate News
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Also tagged Assocham, Bangalore, Business Environment, 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, [...]
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Posted in Real Estate News
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Also tagged Amritsar, Asterix, Bangalore, Bathinda, Chandigarh, Choice Hotels, Goa, Gurgaon, Hotel, Hyderabad, india, Ludhiana, Manesar, Noida, Pune, Sabri
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The general economic slowdown has started impacting the commercial real estate sector as was obvious by slower uptake during the April-June period of the year. During the period, commercial real estate demand was only at 9.74 million square feet as against the supply of 18.07 million sq.ft, commercial real estate services firm Cushman & Wakefield [...]
By admin
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Posted in Real Estate News
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Also tagged April, Commercial Real Estate, Consumers, Corporations, Cushman Wakefield, Economic Slowdown, Economy, Ncr, Real Estate, Real Estate Sector, Real Estate Services, Rental Values
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Aided by revenues from mid-income houses, net profit of property developers, such as Unitech and Puravankara Projects, rose in the first quarter of FY09, beating analyst expectations. Unitech, the country’s largest listed developer, posted a 15.7 % growth in net profit during the quarter, mainly due to higher realisations the company made in the mid-income [...]
Ritz Carlton Residences, the benchmark in luxury homes for the rich and famous in busy metros and exotic retreats, may be ready to redefine the ultimate in apartment living in India. It is believed to have chosen the stunning backdrop of the Kochi coastline and the posh Boat Club area in Chennai as addresses for [...]
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Also tagged Boat Club, Gourmet Dining, Hotels In Kochi, Kpf, Lasting Impression, Luxury Homes, Luxury Residences, Nitesh Estates, Price Tag, Ritz Carlton Hotel, Ritz Carlton Residences, Stunning Backdrop, Valet Parking
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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 [...]
By admin
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Posted in Real Estate News
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Also tagged Ahmedabad, Bangalore, Baroda, Damac Properties, Delhi, Dubai, Gujarat, Gurgaon, india, Investment Options, Investments, Mumbai, Real Estate, Real Estate Developer
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PBEL PROPERTY Development (India) Pvt Ltd, a joint venture of Israel based Property and Building Corporation (PBC), Electra Real Estate (ERE) and INCOR infrastructure, has invested twenty crore rupees in Mysore to build a residential township. Announcing this progress, PBEL, executive director Anand Reddy said, “The Company has invested twenty crore rupees on a ten [...]
By admin
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Posted in Real Estate News
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Also tagged Apartment Buildings, Cities, Coimbatore, Continents North America, Elco Holdings, ERE, Global Assets, Hyderabad, IDB, india, Investments, North America Europe, Pbc, projects, Real Estate Sector, Residential Land, tamilnadu, township propject, Vizag
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MUMBAI - Real estate firm Mahindra Lifespace Developers Ltd may consider private equity funding for some of its projects, but has no immediate plans to dilute its stake, a top official said.
By admin
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Posted in Real Estate News
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Also tagged Arch Capital, Land Acquisition, Lifespace, Maharashtra, Mahindra Lifespace, Mumbai Market, Nagpur, Private Equity Fund, projects, Pune, Residential Project, special economic zone, Townships
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Unitech Ltd plans to launch a mid-income project of 1,200 square feet houses in Greater Noida at Rs.2750 – sees potential demand. This will be followed by Residential launches in Chennai and Hyderabad shortly. The company is also accumulating more land parcels in Mumbai through slum rehab, will disclose once formalities completed.
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Posted in Real Estate News
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Also tagged chemical SEZ, Greater Noida, house, Hyderabad, indonesia, mid-income, Mumbai, NKID, Project, Residential, salim group, Unitech, universal success
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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, [...]
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 [...]
Dubai-based property developer, ETA Star Properties, plans to foray into the Indian hospitality industry with two properties at Bengaluru and a property in Chennai, respectively. The group has assigned an investment of two billion Dirham for its current phase of development in India. The properties developed by ETA Star Properties will be managed by their [...]
February 29, 2008 – 7:32 am
Singapore’s largest private property developer, the $4-billion Far East Organization, is keen to get a toehold in India. The Singapore conglomerate is talking to prospective Indian partners for its proposed foray in the booming realty market, especially in major metros like Delhi, Mumbai, Kolkata and Chennai. Mr.Chia Boon Kuah, executive director, said “We are talking [...]
February 14, 2008 – 1:53 am
Property and Building Corporation (PBC) and Electra Real Estate, both Israel based firms, today pronounced plans of developing Rs 4,000-crore real estate projects in Hyderabad, Chennai and Mysore through a recently incorporated Indian joint venture, PBEL Property Development (India), with Hyderabad-based Incor Infrastructure as a 10 percent stake holder. PBC is a subsidiary of the [...]
By admin
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Posted in Real Estate Information, Real Estate News
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Also tagged Business Interests, Elco Holdings, india, India Property, Joint Venture, Mysore, Pbc, Property And Building Corporation, Residential Area, Stake Holder
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